Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Who Will Win 2026) Pick polygram.ink (preferred broker) |
89% | 11% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
89% | 11% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | See live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | See live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | See live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | See live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| Anthropic | 89% |
| Company A | 50% |
| Company B | 50% |
| Company C | 50% |
| Company D | 50% |
| Company E | 50% |
| Company F | 50% |
| Company G | 50% |
| Company H | 50% |
| Company I | 50% |
| Company K | 50% |
| Other | 50% |
| OpenAI | 4% |
| SpaceXAI | 4% |
| 3% | |
| Meta | 1% |
| Alibaba | 0% |
| Moonshot | 0% |
| Baidu | 0% |
| Z.ai | 0% |
| Xiaomi | 0% |
| DeepSeek | 0% |
| Amazon | 0% |
| ByteDance | 0% |
| Nvidia | 0% |
| Thinky | 0% |
| MiniMax | 0% |
| Mistral | 0% |
| Meituan | 0% |
| Tencent | 0% |
| StepFun | 0% |
| Microsoft | 0% |
Market context
The Arena.ai Text Leaderboard will determine which company owns the highest-ranked model on 30 September 2026. The settlement mechanism is straightforward: the model ranking first in the Overall category, with style control disabled, identifies the winning company. The crowd is pricing this at 89% for YES, suggesting near-certainty that a clear leader will exist and be identifiable at the checkpoint.
Historical precedent from large language model rankings shows volatility in top positions, particularly when new model releases arrive within evaluation windows. OpenAI's GPT series, Anthropic's Claude, and Google's Gemini have traded leadership positions across various benchmarks over the past eighteen months. However, Arena.ai's specific methodology—using head-to-head comparisons rather than static test suites—tends to produce more stable rankings once models mature. The 89% probability reflects confidence that the leaderboard will function as designed and that a decisive winner will emerge, rather than a tie or technical failure.
Traders should monitor major model announcements through mid-2026, particularly from OpenAI, Anthropic, Google DeepMind, and Meta, as release timing directly affects leaderboard composition. Xai's Grok and other contenders may also factor into rankings. The settlement date falls after typical autumn release cycles, meaning September could see fresh model deployments affecting the final standings. Any significant architectural breakthroughs or scaling improvements announced in the six months prior could shift which company's model occupies the top position. The high implied probability leaves limited value on YES, whilst NO positions depend on either leaderboard unavailability or an unexpected technical issue preventing resolution.
Methodology
We track Which company has the best AI model end of September? across the five venues with material prediction-market liquidity. The probability shown is the live Polymarket mid; the comparison rows summarise how each venue treats the underlying contract — fees, KYC thresholds, settlement currency, deposit options. The highlighted row marks the cheapest route into Polymarket's order book.
Resolution & payout
Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.
Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.
FAQ
- Is this market available outside the US?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- How does resolution work?
- Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
- What's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- What does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- How fast are USDC deposits?
- Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
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