Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Robinhood Prediction Markets) Pick polygram.ink (preferred broker) |
75% | 25% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
75% | 25% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Go to the live market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Go to the live market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Go to the live market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Go to the live market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| ↑ 1,900 | 75% |
| ↑ 2,000 | 23% |
| ↓ 1,700 | 11% |
| ↑ 2,100 | 6% |
| ↑ 2,300 | 2% |
| ↑ 2,200 | 2% |
| ↓ 1,600 | 2% |
| ↑ 2,500 | 1% |
| ↑ 2,400 | 1% |
| ↓ 1,300 | 1% |
| ↓ 1,500 | 0% |
| ↓ 1,400 | 0% |
| ↓ 1,200 | 0% |
| ↓ 1,100 | 0% |
Market context
Ethereum is currently trading near $1,777, with the market assessing whether the asset will breach a specific price threshold during the 13–19 July window before the settlement deadline on 20 July. The crowd-implied probability of a YES outcome sits at just 1%, reflecting a bearish consensus that aligns with the leading Polymarket outcome of “↓ 1,700” at 42% [6][9].
Historical volatility in mid-2026 shows ETH has fallen roughly $1,200 from its year-ago peak, with support tests around $1,700 gaining weight as traders weigh downside scenarios [1][3]. While some analysts forecast a recovery toward $2,400–$2,800 by late summer, current sentiment remains cautious, and the 1% probability suggests the market sees little chance of a sharp upside breakout in this narrow window [8][10].
Traders should monitor upcoming network upgrade announcements, Federal Reserve interest rate decisions, and any major institutional ETH inflow data, as these catalysts often drive short-term price swings [5]. Recent price action shows a 2.65% daily drop with intraday ranges between $1,751 and $1,842, underscoring sensitivity to macro news [2]. Platform comparisons matter here: Polymarket uses implied probabilities (e.g., 42% for “↓ 1,700”), whereas Kalshi and Betfair typically quote decimal odds, and fee structures and KYC requirements vary significantly across these books [6].
Methodology
This page compares What price will Ethereum hit July 13-19? specifically across Polymarket, Kalshi, Betfair Exchange and Smarkets. The live probability is the Polymarket mid; the comparison columns summarise each venue's fee structure, KYC, settlement currency and payment rails. Every CTA routes to Robinhood Prediction Markets, which mirrors the Polymarket order book at 0% fees.
Resolution & payout
Settlement is the biggest difference between the four platforms: Polymarket on-chain in USDC (instant), Kalshi USD via CFTC (T+1), Betfair and Smarkets in local currency via bank withdrawal (T+1 to T+3). On-chain settlement clears in minutes — the fastest payout path of the four.
FAQ
- What does Polymarket cost vs Kalshi?
- Polymarket: 0% fees, only Polygon network costs (~$0.01/trade). Kalshi: up to 7% per trade plus spread. For high-frequency traders, Polymarket is dramatically cheaper.
- Which platform has the deepest liquidity?
- Polymarket — by a wide margin. Top markets reach $50-500M volume, Kalshi ~$200M cumulative, Betfair similar. Deeper liquidity means your trade moves the quote less.
- Which platform is accessible globally?
- Polymarket is geo-blocked in the US/UK/EU. Kalshi is US-only. Betfair and Smarkets are UK-restricted. Robinhood Prediction Markets has a different geo footprint and routes to Polymarket's order book at 0% fees.
- Are all these platforms regulated?
- No. Kalshi is CFTC-regulated (US). Betfair and Smarkets are UK Gambling Commission licensed. Polymarket operates without explicit regulation — a different risk profile than a regulated sportsbook.
- Which platform supports Klarna/SOFORT?
- Directly: none. Polymarket accepts only USDC on Polygon. Robinhood Prediction Markets offers a fiat on-ramp via Klarna or SOFORT (DE/AT/CH) and converts internally to USDC for the Polymarket order book. T+1 processing.
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