The Prediction Markets

Where will the next Russia x Ukraine peace talks take place?

Closes
Jan 1, 2028, in 15 months
Traded
$54K
Venues
Polymarket
Prices updated
just now
Share

What the markets expect

UAE 62.2%

Next is No Talks by December 31, 2027 at 9.5%. Only Polymarket lists this market, so there is no second price to compare.

UAE 62.2%No Talks by December 31, 2027 9.5%Turkey 7%China 3.1%Switzerland 2.9%23 others 15.3%

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. Ages are as of when this page was built.

  • Polymarket
UAE
62.2%
Polymarket 62.5%polled, 49s agoBest Yes 64¢ on Polymarket, $100 pays $156 (1.56x)
Polymarket
Contract
UAE
Last price
62.5%
As of
Polled just now
Buy Yes
64¢
Sell Yes
61¢
$100 on Yes pays
$156 (1.56x)
Volume
$22K
Trade this on Polymarket
No Talks by December 31, 2027
9.5%
Polymarket 9.5%polled, 49s agoBest Yes 11¢ on Polymarket, $100 pays $909 (9.09x)
Polymarket
Contract
No Talks by December 31, 2027
Last price
9.5%
As of
Polled just now
Buy Yes
11¢
Sell Yes
8¢
$100 on Yes pays
$909 (9.09x)
Volume
$11K
Trade this on Polymarket
Turkey
7%
Polymarket 7%polled, 49s agoBest Yes 9¢ on Polymarket, $100 pays $1,111 (11.1x)
Polymarket
Contract
Turkey
Last price
7%
As of
Polled just now
Buy Yes
9¢
Sell Yes
5¢
$100 on Yes pays
$1,111 (11.1x)
Volume
$5K
Trade this on Polymarket
China
3.1%
Polymarket 3.1%polled, 49s agoBest Yes 5.9¢ on Polymarket, $100 pays $1,695 (16.9x)
Polymarket
Contract
China
Last price
3.1%
As of
Polled just now
Buy Yes
5.9¢
Sell Yes
0.3¢
$100 on Yes pays
$1,695 (16.9x)
Volume
$805
Trade this on Polymarket
Switzerland
2.9%
Polymarket 3%polled, 49s agoBest Yes 5.5¢ on Polymarket, $100 pays $1,818 (18.2x)
Polymarket
Contract
Switzerland
Last price
3%
As of
Polled just now
Buy Yes
5.5¢
Sell Yes
0.4¢
$100 on Yes pays
$1,818 (18.2x)
Volume
$962
Trade this on Polymarket
USA
2.7%
Polymarket 2.7%polled, 49s agoBest Yes 4.8¢ on Polymarket, $100 pays $2,083 (20.8x)
Polymarket
Contract
USA
Last price
2.7%
As of
Polled just now
Buy Yes
4.8¢
Sell Yes
0.6¢
$100 on Yes pays
$2,083 (20.8x)
Volume
$2K
Trade this on Polymarket
India
1.6%
Polymarket 1.6%polled, 49s agoBest Yes 2.9¢ on Polymarket, $100 pays $3,448 (34.5x)
Polymarket
Contract
India
Last price
1.6%
As of
Polled just now
Buy Yes
2.9¢
Sell Yes
0.3¢
$100 on Yes pays
$3,448 (34.5x)
Volume
$878
Trade this on Polymarket
Other - Europe
1%
Polymarket 1.1%polled, 49s agoBest Yes 2¢ on Polymarket, $100 pays $5,000 (50.0x)
Polymarket
Contract
Other - Europe
Last price
1.1%
As of
Polled just now
Buy Yes
2¢
Sell Yes
0.1¢
$100 on Yes pays
$5,000 (50.0x)
Volume
$943
Trade this on Polymarket
Saudi Arabia
1%
Polymarket 1%polled, 49s agoBest Yes 1.9¢ on Polymarket, $100 pays $5,263 (52.6x)
Polymarket
Contract
Saudi Arabia
Last price
1%
As of
Polled just now
Buy Yes
1.9¢
Sell Yes
0.1¢
$100 on Yes pays
$5,263 (52.6x)
Volume
$1K
Trade this on Polymarket
Germany
0.9%
Polymarket 1%polled, 49s agoBest Yes 1.9¢ on Polymarket, $100 pays $5,263 (52.6x)
Polymarket
Contract
Germany
Last price
1%
As of
Polled just now
Buy Yes
1.9¢
Sell Yes
—
$100 on Yes pays
$5,263 (52.6x)
Volume
$469
Trade this on Polymarket
Show 18 more outcomes
Russia
0.7%
Polymarket 0.8%polled, 49s agoBest Yes 1.4¢ on Polymarket, $100 pays $7,143 (71.4x)
Polymarket
Contract
Russia
Last price
0.8%
As of
Polled just now
Buy Yes
1.4¢
Sell Yes
0.1¢
$100 on Yes pays
$7,143 (71.4x)
Volume
$756
Trade this on Polymarket
Austria
0.5%
Polymarket 0.5%polled, 49s agoBest Yes 0.9¢ on Polymarket, $100 pays $11,111 (111x)
Polymarket
Contract
Austria
Last price
0.5%
As of
Polled just now
Buy Yes
0.9¢
Sell Yes
—
$100 on Yes pays
$11,111 (111x)
Volume
$335
Trade this on Polymarket
Azerbaijan
0.5%
Polymarket 0.5%polled, 49s agoBest Yes 0.9¢ on Polymarket, $100 pays $11,111 (111x)
Polymarket
Contract
Azerbaijan
Last price
0.5%
As of
Polled just now
Buy Yes
0.9¢
Sell Yes
—
$100 on Yes pays
$11,111 (111x)
Volume
$215
Trade this on Polymarket
Belarus
0.5%
Polymarket 0.5%polled, 49s agoBest Yes 0.9¢ on Polymarket, $100 pays $11,111 (111x)
Polymarket
Contract
Belarus
Last price
0.5%
As of
Polled just now
Buy Yes
0.9¢
Sell Yes
0.1¢
$100 on Yes pays
$11,111 (111x)
Volume
$552
Trade this on Polymarket
Brazil
0.5%
Polymarket 0.5%polled, 49s agoBest Yes 0.9¢ on Polymarket, $100 pays $11,111 (111x)
Polymarket
Contract
Brazil
Last price
0.5%
As of
Polled just now
Buy Yes
0.9¢
Sell Yes
—
$100 on Yes pays
$11,111 (111x)
Volume
$216
Trade this on Polymarket
Egypt
0.5%
Polymarket 0.5%polled, 49s agoBest Yes 0.9¢ on Polymarket, $100 pays $11,111 (111x)
Polymarket
Contract
Egypt
Last price
0.5%
As of
Polled just now
Buy Yes
0.9¢
Sell Yes
—
$100 on Yes pays
$11,111 (111x)
Volume
$166
Trade this on Polymarket
Finland
0.5%
Polymarket 0.5%polled, 49s agoBest Yes 0.9¢ on Polymarket, $100 pays $11,111 (111x)
Polymarket
Contract
Finland
Last price
0.5%
As of
Polled just now
Buy Yes
0.9¢
Sell Yes
0.1¢
$100 on Yes pays
$11,111 (111x)
Volume
$478
Trade this on Polymarket
Hungary
0.5%
Polymarket 0.5%polled, 49s agoBest Yes 1¢ on Polymarket, $100 pays $10,000 (100x)
Polymarket
Contract
Hungary
Last price
0.5%
As of
Polled just now
Buy Yes
1¢
Sell Yes
—
$100 on Yes pays
$10,000 (100x)
Volume
$288
Trade this on Polymarket
Italy
0.5%
Polymarket 0.5%polled, 49s agoBest Yes 0.9¢ on Polymarket, $100 pays $11,111 (111x)
Polymarket
Contract
Italy
Last price
0.5%
As of
Polled just now
Buy Yes
0.9¢
Sell Yes
—
$100 on Yes pays
$11,111 (111x)
Volume
$534
Trade this on Polymarket
Other - Middle East/North Africa
0.5%
Polymarket 0.6%polled, 49s agoBest Yes 1.1¢ on Polymarket, $100 pays $9,091 (90.9x)
Polymarket
Contract
Other - Middle East/North Africa
Last price
0.6%
As of
Polled just now
Buy Yes
1.1¢
Sell Yes
—
$100 on Yes pays
$9,091 (90.9x)
Volume
$317
Trade this on Polymarket
Poland
0.5%
Polymarket 0.5%polled, 49s agoBest Yes 0.9¢ on Polymarket, $100 pays $11,111 (111x)
Polymarket
Contract
Poland
Last price
0.5%
As of
Polled just now
Buy Yes
0.9¢
Sell Yes
0.1¢
$100 on Yes pays
$11,111 (111x)
Volume
$477
Trade this on Polymarket
Qatar
0.5%
Polymarket 0.6%polled, 49s agoBest Yes 0.9¢ on Polymarket, $100 pays $11,111 (111x)
Polymarket
Contract
Qatar
Last price
0.6%
As of
Polled just now
Buy Yes
0.9¢
Sell Yes
0.2¢
$100 on Yes pays
$11,111 (111x)
Volume
$822
Trade this on Polymarket
Kazakhstan
0.4%
Polymarket 0.5%polled, 49s agoBest Yes 0.9¢ on Polymarket, $100 pays $11,111 (111x)
Polymarket
Contract
Kazakhstan
Last price
0.5%
As of
Polled just now
Buy Yes
0.9¢
Sell Yes
—
$100 on Yes pays
$11,111 (111x)
Volume
$396
Trade this on Polymarket
Serbia
0.4%
Polymarket 0.5%polled, 49s agoBest Yes 0.9¢ on Polymarket, $100 pays $11,111 (111x)
Polymarket
Contract
Serbia
Last price
0.5%
As of
Polled just now
Buy Yes
0.9¢
Sell Yes
—
$100 on Yes pays
$11,111 (111x)
Volume
$158
Trade this on Polymarket
Slovakia
0.4%
Polymarket 0.5%polled, 49s agoBest Yes 0.9¢ on Polymarket, $100 pays $11,111 (111x)
Polymarket
Contract
Slovakia
Last price
0.5%
As of
Polled just now
Buy Yes
0.9¢
Sell Yes
—
$100 on Yes pays
$11,111 (111x)
Volume
$290
Trade this on Polymarket
South Africa
0.4%
Polymarket 0.5%polled, 49s agoBest Yes 0.9¢ on Polymarket, $100 pays $11,111 (111x)
Polymarket
Contract
South Africa
Last price
0.5%
As of
Polled just now
Buy Yes
0.9¢
Sell Yes
—
$100 on Yes pays
$11,111 (111x)
Volume
$166
Trade this on Polymarket
Vatican City
0.2%
Polymarket 0.2%polled, 49s agoBest Yes 0.3¢ on Polymarket, $100 pays $33,333 (333x)
Polymarket
Contract
Vatican City
Last price
0.2%
As of
Polled just now
Buy Yes
0.3¢
Sell Yes
0.1¢
$100 on Yes pays
$33,333 (333x)
Volume
$714
Trade this on Polymarket
Ukraine
0.1%
Polymarket 0.1%polled, 49s agoBest Yes 0.2¢ on Polymarket, $100 pays $50,000 (500x)
Polymarket
Contract
Ukraine
Last price
0.1%
As of
Polled just now
Buy Yes
0.2¢
Sell Yes
—
$100 on Yes pays
$50,000 (500x)
Volume
$679
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.

  • UAE
  • No Talks by December 31, 2027
  • Turkey

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.

Top of book

Connecting
Best bid
—
Spread
—
Best ask
—

Waiting for the first live quote…

Depth · top 8 levels

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Recent trades

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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.

$
Buy

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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.

About this market

Live prediction market odds for "Where will the next Russia x Ukraine peace talks take place?". UAE leads at 62.2%. Next is No Talks by December 31, 2027 at 9.5%. $54K has traded across 28 outcomes on Polymarket. The market is expected to resolve by Jan 1, 2028.

This market will resolve according to the country in which the next diplomatic meeting between representatives of Russia and Ukraine aimed at discussing a ceasefire, peace agreement, or other substantive de-escalation of the ongoing conflict begins by December 31, 2027, 11:59 PM ET. A diplomatic meeting refers to a deliberate meeting between representatives of the listed countries who are acting in an official capacity and are authorized to engage in negotiation or diplomacy regarding Russia-Ukraine relations on behalf of their governments. Meetings conducted indirectly, for example, through designated mediators, facilitators, or interlocutors acting with the knowledge and authorization of the relevant governments, will qualify. Meetings or talks limited to humanitarian issues will not qualify unless they also include substantive negotiation regarding broader Russia-Ukraine peace terms, such as a ceasefire, peace agreement, territorial issues, security guarantees, or similar. Brief greetings, chance encounters, or talks otherwise not deliberately aimed at diplomacy or negotiation will not count. The meeting must be in-person (including indirect in-person meetings) and must be publicly acknowledged by either government or reported by a consensus of credible media. Remote meetings, phone calls, or other meetings where the relevant parties are not present will not count. If the next qualifying diplomatic meeting occurs in more than one country, resolution will be based on the country where the first diplomatic session begins. For the purpose of this market, a meeting held on Ukrainian territory under the de facto control of Russia (e.g., Crimea) will be considered part of Russia. A meeting held in Vatican City will resolve to "Vatican City," not "Italy." If the next qualifying meeting takes place in any country in Europe other than the listed options, this market will resolve to "Other - Europe." If the next qualifying meeting takes place in any country in the Middle East or North Africa other than the listed options, this market will resolve to "Other - Middle East/North Africa." If the next qualifying meeting takes place in any unlisted country that is not classified in either specified region, this market will resolve to "Other." For purposes of this market, countries' regions will be determined based on the U.S. State Department's regional classifications in the "Countries and Areas List" (https://www.state.gov/countries-and-areas-list). Any country classified as part of "Europe and Eurasia" will be considered to be in Europe. Any country classified as part of "Near East (Middle East and North Africa)" will be considered to be in the Middle East/North Africa. If no qualifying senior-level peace talks begin by December 31, 2027, 11:59 PM ET, this market will resolve to “No Talks by December 31, 2027.” The resolution sources for this market will be official information from the governments of Russia and Ukraine, and a consensus of credible reporting.

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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