The Prediction Markets

US x Iran permanent peace deal by...?

Closed
Apr 22, 2026
Traded
$114.0M
Venues
Polymarket
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This market has closed

Trading ended on Apr 22, 2026. The prices below are the last ones before it closed and no longer update. Browse open markets

Odds by venue

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.

Prices come from our regular polls of each venue, the oldest 162 days ago. Ages are as of when this page was built.

  • Polymarket
December 31
57.4%
Polymarket 62.5%(57.4% fair)polled, 3899 h agoBest Yes 63¢ on Polymarket, $100 pays $159 (1.59x)
Polymarket
Contract
December 31
Last price
62.5%
Fair, margin removed
57.4%
As of
Polled 162 d ago
Buy Yes
63¢
Sell Yes
62¢
$100 on Yes pays
$159 (1.59x)
Volume
$1.7M
Trade this on Polymarket
June 30
30.8%
Polymarket 33.5%(30.8% fair)polled, 3899 h agoBest Yes 34¢ on Polymarket, $100 pays $294 (2.94x)
Polymarket
Contract
June 30
Last price
33.5%
Fair, margin removed
30.8%
As of
Polled 162 d ago
Buy Yes
34¢
Sell Yes
33¢
$100 on Yes pays
$294 (2.94x)
Volume
$9.2M
Trade this on Polymarket
May 31
11.5%
Polymarket 12.5%(11.5% fair)polled, 3899 h agoBest Yes 13¢ on Polymarket, $100 pays $769 (7.69x)
Polymarket
Contract
May 31
Last price
12.5%
Fair, margin removed
11.5%
As of
Polled 162 d ago
Buy Yes
13¢
Sell Yes
12¢
$100 on Yes pays
$769 (7.69x)
Volume
$23.0M
Trade this on Polymarket
May 15
0.3%
Polymarket 0.4%polled, 3899 h agoBest Yes 0.4¢ on Polymarket, $100 pays $25,000 (250x)
Polymarket
Contract
May 15
Last price
0.4%
As of
Polled 162 d ago
Buy Yes
0.4¢
Sell Yes
0.3¢
$100 on Yes pays
$25,000 (250x)
Volume
$17.0M
Trade this on Polymarket

Who resolves this market

Polymarket
Polymarket resolves via:
UMA optimistic oracle

How the odds have moved

The top 3 outcomes on both venues, with the consensus between them. Hover for exact values.

  • December 31
  • June 30
  • May 31

Order books

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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What your stake buys

Enter a stake to see where it buys the most after fees, using each venue’s live order book.

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Cover all 4 outcomes across venues

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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 0.05 × price × (1 − price) per share (other / general rate). Fee calculator. Estimates only, not advice.

About this market

Final prediction market prices for "US x Iran permanent peace deal by...?". December 31 last traded at 57.4%. Next is June 30 at 30.8%. $114.0M has traded across 4 outcomes on Polymarket. The market closed on Apr 22, 2026.

This market will resolve to “Yes” if Iran and the United states agree to a permanent peace deal by the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”. A permanent peace deal refers to any agreement which explicitly indicates that military hostilities between the United States and Iran have ended or will permanently cease, or uses equivalent language clearly signaling a lasting end to military hostilities between the United States and Iran. Agreements that are explicitly temporary or which do not include a definitive agreement to end military hostilities between the US and Iran on a lasting basis (e.g. a temporary extension of the two-week ceasefire agreement announced on April 7, 2026), will not qualify. A qualifying agreement will be considered to have been established if either of the following conditions are met: - The United States and Iran each sign or formally adopt a written agreement (e.g. a treaty or multi-point agreement) which meets the above criteria. - Both the governments of the United States and Iran provide clear public confirmation that a qualifying agreement has been definitively established. Negotiations, statements of progress, or other statements which do not constitute a definitive announcement that a qualifying agreement has been reached will not count. The primary resolution source for this market will be official information from the governments of the United States and Iran; however, a consensus of credible reporting may also be used.

Questions

What does the consensus price mean?

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%.

How is the payout worked out?

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.

Why do the venues show different prices?

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.

Is a price gap an arbitrage?

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.

How fresh are these prices?

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.

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