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Who will be Brazilian finance minister after the election? on Kalshi

If Rafael Fonteles formally takes office as Minister of Finance as a result of the government formation following the 2026 Brazilian general election before Jul 1, 2027, then the market resolves to Yes.

Settles on: the New York Times, Deutsche Welle, MS Now, ABC, The Wall Street Journal, CNBC, Al Jazeera, CBS, NBC, The Washington Post, CNN, Fox News, Reuters, ABC News Australia, Bloomberg News, the Associated Press, BBC.

Market says (typical open contract)
6%
Median YES price across 10 open contracts, 10 Nov 2026 04:28 UTC.
Real-world odds
—
No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.
Luck needed meter
12% 😈
Mostly decided, says the market. You are paying a fee to collect a few cents the market already agrees on.

The cover charge

Fee and break-even by purchase price
If you buy atFee per contractOn $50Win rate to break even
6¢ (now)0.4¢$3.296.4%
30¢1.5¢$2.4531.5%
50¢1.8¢$1.7551.7%
70¢1.5¢$1.0571.5%
90¢0.6¢$0.3590.6%

Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.

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Open contracts right now

Open contracts in this series with price, implied probability, volume and close time
ContractYES priceImpliedFee at this priceReal-world oddsLuck neededVolumeCloses
Will Rafael Fonteles be Minister of Finance as a result of the government formation following the 2026 Brazilian general election? · Rafael Fonteles16¢16%0.9¢—32%572Jul 01, 14:00 UTC
Will Geraldo Alckmin be Minister of Finance as a result of the government formation following the 2026 Brazilian general election? · Geraldo Alckmin22¢22%1.2¢—43%305Jul 01, 14:00 UTC
Will Dario Durigan be Minister of Finance as a result of the government formation following the 2026 Brazilian general election? · Dario Durigan29¢29%1.4¢—58%52Jul 01, 14:00 UTC
Will Renan Filho be Minister of Finance as a result of the government formation following the 2026 Brazilian general election? · Renan Filho4¢4%0.3¢—9%0Jul 01, 14:00 UTC
Will Rogério Ceron be Minister of Finance as a result of the government formation following the 2026 Brazilian general election? · Rogério Ceron4¢4%0.3¢—8%0Jul 01, 14:00 UTC
Will Gabriel Galípolo be Minister of Finance as a result of the government formation following the 2026 Brazilian general election? · Gabriel Galípolo4¢4%0.3¢—8%0Jul 01, 14:00 UTC
Will Fernando Haddad be Minister of Finance as a result of the government formation following the 2026 Brazilian general election? · Fernando Haddad7¢7%0.5¢—14%0Jul 01, 14:00 UTC
Will Camilo Santana be Minister of Finance as a result of the government formation following the 2026 Brazilian general election? · Camilo Santana4¢4%0.3¢—8%0Jul 01, 14:00 UTC
Will Bruno Moretti be Minister of Finance as a result of the government formation following the 2026 Brazilian general election? · Bruno Moretti6¢6%0.4¢—12%0Jul 01, 14:00 UTC
Will Aloizio Mercadante be Minister of Finance as a result of the government formation following the 2026 Brazilian general election? · Aloizio Mercadante4¢4%0.3¢—8%0Jul 01, 14:00 UTC

Who actually wins this market

  • Whoever posts the resting orders and collects the spread without paying a fee.
  • The venue, on every fee.
  • Not, on average, the person clicking buy because the chart is going their way. That was us.

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