~60–62% · $420K liquidity
Will the S&P 500 close 2026 above 6,500?
Base-case year-end target — Polymarket + Kalshi
Macro Prediction Markets
Will the S&P 500 close 2026 above 7,000? Could a bear market hit instead? Prediction markets price every year-end level and tail risk as a binary contract on Polymarket and Kalshi — and the same threshold often trades points apart between venues. Mantis shows you the sharpest line.
Live cross-venue odds for 2026 year-end levels and drawdown risk. Probability ranges reflect the cross-venue spread as of June 2026 — click any market for real-time quotes.
~60–62% · $420K liquidity
Base-case year-end target — Polymarket + Kalshi
~36–38% · $540K liquidity
Bull-case year-end target — high volume
~63–66% · $340K liquidity
Tech-led new all-time high
~26–28% · $380K liquidity
20%+ drawdown from the high
Rate-cut expectations are the single biggest driver of index year-end odds. When the July and year-end Fed markets shift, the “S&P above 7,000” contract reprices within hours. Cross-reference with the Fed hub.
Mega-cap tech earnings — especially AI infrastructure spend from NVIDIA and the hyperscalers — drive the Nasdaq-100 record-high market. A single earnings miss can move both the index and the bear-market contract.
The bear-market contract and the 2026 recession market are tightly linked. When recession odds rise, the “above 7,000” market falls. Mantis lets you watch the two side by side to spot inconsistencies.
Macro
FOMC calendar & rate-cut odds — the primary driver of index levels
Macro
Recession probability — tightly linked to the bear-market market
AI
$3T market cap & earnings — the bellwether for tech-led index gains
As of June 2026, prediction markets give the S&P 500 roughly a 60% chance of closing the year above 6,500 and around 36–38% of clearing 7,000, while the odds of a 2026 bear market (a 20%+ drawdown) sit near 26–28%. The Nasdaq-100 setting a fresh record high is priced around 63–66%. These levels differ across Polymarket and Kalshi — Mantis shows the cross-venue spread.
Polymarket and Kalshi both list S&P 500 and Nasdaq index outcomes as binary contracts. Kalshi is CFTC-regulated and US-legal for index event contracts; Polymarket offers global access with deeper liquidity on the headline year-end levels. Mantis queries both in real time and routes you to the best price with referral codes intact.
An index prediction market is a binary bet on a specific threshold (e.g. “S&P 500 above 7,000 at year-end”), so it pays a fixed amount rather than tracking the index continuously. That makes it a clean way to express a view on a level or a tail risk like a bear market, and because two venues price the same threshold differently, cross-venue gaps are tradeable. Mantis detects those gaps automatically.
The biggest inputs are the Fed rate path, inflation (CPI), corporate earnings — especially mega-cap tech and AI capex — and recession risk. Each of these has its own market on Mantis, so you can cross-reference: for example, rising 2026 recession odds typically pull the “S&P above 7,000” market down. Watching them together surfaces inconsistencies.