Combined depth · both venues
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Marine Le Pen 46.6%
Next is Edouard Philippe at 17.3%. The venues differ most on Marine Le Pen (Polymarket 46.2%, Kalshi 52%), a 5.8-point gap.
Fair chance strips out each venue’s built-in margin (its prices add up to more than 100%), then blends the venues by how much has traded there, so the outcomes add up to 100%. Best Yes price is the cheapest ask across venues, and the payout is what a winning $100 stake returns before fees. Open a row for each venue’s contract name, bid and ask, and how closely their rules match.
1 of 75 prices are live from the exchange feeds; the rest come from our regular price polls. Ages are as of when this page was built.
The outcome identity is linked, but settlement parity is not verified.
Buying on Polymarket at 46.3¢ and selling on Kalshi at 52¢ nets 570 bps before fees.
The outcome identity is linked, but settlement parity is not verified.
Buying on Kalshi at 16¢ and selling on Polymarket at 18¢ nets 200 bps before fees.
The outcome identity is linked, but settlement parity is not verified.
Buying on Kalshi at 11¢ and selling on Polymarket at 13.5¢ nets 250 bps before fees.
The outcome identity is linked, but settlement parity is not verified.
Buying on Kalshi at 8.4¢ and selling on Polymarket at 10¢ nets 160 bps before fees.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 3.7¢, at or below the cheapest ask of 4¢.
The outcome identity is linked, but settlement parity is not verified.
Buying on Polymarket at 1.9¢ and selling on Kalshi at 4¢ nets 210 bps before fees.
The outcome identity is linked, but settlement parity is not verified.
Buying on Polymarket at 0.6¢ and selling on Kalshi at 2¢ nets 140 bps before fees.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 1¢, at or below the cheapest ask of 1¢.
The outcome identity is linked, but settlement parity is not verified.
Buying on Polymarket at 0.8¢ and selling on Kalshi at 1.4¢ nets 60 bps before fees.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.7¢, at or below the cheapest ask of 0.8¢.
The outcome identity is linked, but settlement parity is not verified.
Buying on Polymarket at 0.7¢ and selling on Kalshi at 0.8¢ nets 10 bps before fees.
The outcome identity is linked, but settlement parity is not verified.
Buying on Kalshi at 0.5¢ and selling on Polymarket at 0.6¢ nets 10 bps before fees.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.5¢, at or below the cheapest ask of 0.6¢.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.3¢, at or below the cheapest ask of 0.4¢.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.1¢, at or below the cheapest ask of 0.1¢.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.1¢, at or below the cheapest ask of 0.1¢.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.1¢, at or below the cheapest ask of 0.1¢.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.1¢, at or below the cheapest ask of 0.1¢.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.2¢, at or below the cheapest ask of 0.2¢.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.1¢, at or below the cheapest ask of 0.1¢.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.1¢, at or below the cheapest ask of 0.2¢.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.1¢, at or below the cheapest ask of 0.1¢.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.1¢, at or below the cheapest ask of 0.1¢.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.1¢, at or below the cheapest ask of 0.1¢.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.1¢, at or below the cheapest ask of 0.1¢.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.1¢, at or below the cheapest ask of 0.1¢.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.1¢, at or below the cheapest ask of 0.1¢.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.1¢, at or below the cheapest ask of 0.2¢.
The outcome identity is linked, but settlement parity is not verified.
No arbitrage: the best bid elsewhere is 0.1¢, at or below the cheapest ask of 0.1¢.
Possible arbitrage before fees: buy Marine Le Pen on Polymarket at 46.3¢, sell on Kalshi at 52¢ (570 bps). Check the rules below before trading. See all live spreads
Summarized from each venue’s published rules; the venue’s own rules page is the final word.
The top 3 outcomes on both venues, with the consensus between them. Hover for exact values.
What it costs to buy Yes, what you would get selling it, and the last trade on each exchange, updating as orders change. Hover a status for timing details.
Each venue’s resting orders for the selected outcome’s Yes contract, side by side. Top of book streams live; depth refreshes every 15 seconds.
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Enter a stake to see where it buys the most after fees, using each venue’s live order book.
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Buys at the asks resting now (taker orders), cheapest after fees first, from order-book snapshots up to 15 seconds old. Fees: Kalshi 0.07 × price × (1 − price) per share, rounded up to the cent; Polymarket 0.04 × price × (1 − price) per share (politics rate). Fee calculator. Estimates only, not advice.
Live prediction market odds for "Next French Presidential Election". Marine Le Pen leads at 46.6%. Next is Edouard Philippe at 17.3%. $156.5M has traded across 46 outcomes on Polymarket and Kalshi. The market is expected to resolve by Apr 19, 2027.
The next French presidential election is currently expected to be held around April 2027. This market pertains to the outcome of the next French presidential election, regardless of whether it follows the scheduled end of the current term or is held earlier. The President of France is elected via a two-round system; a candidate must secure over 50% of the vote to win outright in the first round. If no candidate achieves this, the top two contenders advance to a runoff. This market will resolve according to the candidate who wins this election. This market includes any potential second round. If, for any reason, the results of the election are not known by December 31, 2027, 11:59 PM ET, this market will resolve to "Other". This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the French Government, specifically the Ministry of the Interior (https://www.interieur.gouv.fr/).
It is the price of a Yes contract that pays $1 if the outcome happens. A 14¢ price means traders put the chance near 14%. Where two venues list the same outcome, we blend their last prices, weighting the venue with more trading volume more heavily (neither counts for less than a quarter). When only one outcome can win, each venue’s prices add up to a little over 100% (its margin); the fair chance removes that margin so the outcomes add up to exactly 100%.
A Yes contract pays $1 if it wins, so at the best ask a $100 stake buys 100 ÷ ask contracts. At 18¢ that is about 555 contracts, paying $556 (5.56x) if Yes happens. Venue fees and price slippage on larger orders are not included.
Each venue has its own traders, fees and order book. Contracts can also settle on slightly different terms, which is why each row lists how closely the rules match.
Only when you can buy Yes on one venue below what someone pays for Yes on the other, after fees, and both contracts settle the same way. We show the executable bid and ask so you can check.
Venue prices refresh every few minutes, and the order book and live quotes stream continuously. Each venue’s card shows when we last observed it.