Discovery/politicsopenneg-riskWhich party will gain most seats in Russian Parliamentary Election?

Will the Communist Party of the Russian Federation (KPRF) gain the most seats in the next Russian parliamentary election?

stale dataas of 34m agoensemble-v1.2.0late: clob_book, ensemble_forecasts, gamma_events
Market prob.
1.5%
MARKET FACT
Fair est.
1.6%
MODEL ESTIMATE
Edge est.
+0.04pp
MODEL ESTIMATE
Confidence
0.10low
Liquidity
$178.8k
MARKET FACT
24h volume
$68.8k
MARKET FACT
Resolves
21.6d
Sep 30, 26

Price history

Solid line: market price (fact). Dashed amber: our fair-value estimate.

5 points
2%Sep 7Sep 8

Thesis

Why the estimate deviates from the market

  1. 1.Order book shows bid-side pressure (+97.5% imbalance within 5% of mid) on $38 of depth. [book_imbalance v1.0.0, weight 0.14]

Counter-thesis

Why this may be wrong

  1. 1.Price momentum 1h: -0.03 logit, 6h: +0.03 logit (2 horizons, 0% agreement). [momentum v1.0.0, weight 0.09]
  2. 2.Model confidence is 0.10; the estimate is shrunk heavily toward the market price and should be treated as weak.
  3. 3.Only $0 of depth within 5% of mid; size is limited and slippage will reduce realised edge.

Key catalysts

  1. 1.Resolution in 21.6 days; price convergence typically accelerates near expiry.

What would invalidate this

  1. 1.Market price moving to 2% would close the gap.
  2. 2.A reversal in the order-book imbalance or trade-flow direction that drove this estimate.
  3. 3.Liquidity falling materially below $38 would make the edge uncapturable regardless of accuracy.

Signal breakdown

Each signal is an independent estimate. Contribution is weight × logit distance from the market price.

SignalEstimateStrengthConf.WeightContributionExplanation
Book imbalancev1.0.0MODEL2.4%0.970.230.14+0.0594Order book shows bid-side pressure (+97.5% imbalance within 5% of mid) on $38 of depth.
Momentumv1.0.0MODEL1.5%0.010.150.09-0.0002Price momentum 1h: -0.03 logit, 6h: +0.03 logit (2 horizons, 0% agreement).
Liquidity shiftv1.0.0MODEL1.000.55Liquidity increased 2056863% to $158,711; spread +100%.
Market impliedv1.0.0MARKET1.6%1.000.471.41+0.0000Market-implied probability 1.6% (source: book_mid).

Our forecast history

Every forecast we have recorded on this market, including the wrong ones. Append-only — never edited after the fact.

As ofMarketFair est.EdgeConf.Score
34m ago1.6%1.6%+0.04pp0.100.36
4h ago1.6%1.6%+0.00pp0.170.60
7h ago1.5%1.5%-0.00pp0.170.60
10h ago1.6%1.6%+0.01pp0.050.16
10h ago1.6%1.6%+0.02pp0.040.16

Order book

captured 37m ago

PriceSizeTotal
2.40%9,000$216
2.20%1,664$37
2.10%1,442$30
2.00%797$16
1.90%1,055$20
1.80%140$3
1.70%100$2
1.60%30$0
1.55%spread +0.10ppimb +0.975
1.50%2,500$38
1.40%10,164$142
1.30%19,250$250
1.20%57,388$689
1.10%66,839$735
1.00%99,889$999
0.90%13,099$118
0.80%23,200$186
Bid depth ±5%
$38
Ask depth ±5%
$0

Tradeability

Whether the edge is actually capturable

Executable price
2.65%
Expected value / $1(net of executable price + assumed 10bps taker fee)
-0.4017
Spread
+0.10pp
Depth within 5%
$0
Signal score
0.36

Related markets

Verified deterministic relationships only

Resolution criteria

Parliamentary elections are to be scheduled to be held in Russia in September 2026. This market will resolve according to the political party that gains the greatest number of seats in the next Russian State Duma election, compared to before the election. If the results are not known definitively by September 30, 2027, 11:59 PM ET, this market will resolve to "Other". In the event of a tie between multiple parties for the most seats gained, this market will resolve in favor of the party that received a greater number of valid votes. In the event that results in a tie, this market will resolve in favor of the party whose listed abbreviation appears first in alphabetical order. This market's resolution will be based solely on the number of seats gained by the named party in the State Duma of the Federal Assembly of the Russian Federation. This market will resolve based on the results of this election, as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results reported by Russian government sources such as the Central Election Commission of the Russian Federation.

Edgecast provides information and analytics, not financial advice and not a guarantee of outcomes. Figures labelled MODEL are estimates produced by our models and are not objective truth. Prediction markets carry risk of loss.