The Prediction Markets

Which G7 leader will leave office next?

Closes
Jan 1, 2045, in 222 months
Traded
$28K
Venues
Kalshi
Prices updated
1 min ago
Share

What the markets expect

Emmanuel Macron 72%

Next is Friedrich Merz at 13%. Only Kalshi lists this market, so there is no second price to compare.

Emmanuel Macron 72%Friedrich Merz 13%Giorgia Meloni 5%Andy Burnham 4%Donald Trump 4%2 others 2%

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 1 min ago. Ages are as of when this page was built.

  • Kalshi
Emmanuel Macron
72%
Kalshi 72%polled, 1 min agoBest Yes 72¢ on Kalshi, $100 pays $139 (1.39x)
Kalshi
Contract
Emmanuel Macron
Last price
72%
As of
Polled 1 min ago
Buy Yes
72¢
Sell Yes
68¢
$100 on Yes pays
$139 (1.39x)
Volume
$3K
Trade this on Kalshi
Friedrich Merz
13%
Kalshi 13%polled, 1 min agoBest Yes 19¢ on Kalshi, $100 pays $526 (5.26x)
Kalshi
Contract
Friedrich Merz
Last price
13%
As of
Polled 1 min ago
Buy Yes
19¢
Sell Yes
12¢
$100 on Yes pays
$526 (5.26x)
Volume
$9K
Trade this on Kalshi
Giorgia Meloni
5%
Kalshi 5%polled, 1 min agoBest Yes 13¢ on Kalshi, $100 pays $769 (7.69x)
Kalshi
Contract
Giorgia Meloni
Last price
5%
As of
Polled 1 min ago
Buy Yes
13¢
Sell Yes
5¢
$100 on Yes pays
$769 (7.69x)
Volume
$2K
Trade this on Kalshi
Andy Burnham
4%
Kalshi 4%polled, 1 min agoBest Yes 4¢ on Kalshi, $100 pays $2,500 (25.0x)
Kalshi
Contract
Andy Burnham
Last price
4%
As of
Polled 1 min ago
Buy Yes
4¢
Sell Yes
1¢
$100 on Yes pays
$2,500 (25.0x)
Volume
$2K
Trade this on Kalshi
Donald Trump
4%
Kalshi 4%polled, 1 min agoBest Yes 5¢ on Kalshi, $100 pays $2,000 (20.0x)
Kalshi
Contract
Donald Trump
Last price
4%
As of
Polled 1 min ago
Buy Yes
5¢
Sell Yes
—
$100 on Yes pays
$2,000 (20.0x)
Volume
$9K
Trade this on Kalshi
Mark Carney
1%
Kalshi 1%polled, 1 min agoBest Yes 3¢ on Kalshi, $100 pays $3,333 (33.3x)
Kalshi
Contract
Mark Carney
Last price
1%
As of
Polled 1 min ago
Buy Yes
3¢
Sell Yes
1¢
$100 on Yes pays
$3,333 (33.3x)
Volume
$1K
Trade this on Kalshi
Sanae Takaichi
1%
Kalshi 1%polled, 1 min agoBest Yes 3¢ on Kalshi, $100 pays $3,333 (33.3x)
Kalshi
Contract
Sanae Takaichi
Last price
1%
As of
Polled 1 min ago
Buy Yes
3¢
Sell Yes
1¢
$100 on Yes pays
$3,333 (33.3x)
Volume
$1K
Trade this on Kalshi

Who resolves this market

Kalshi
Kalshi resolves via:
Kalshi (CFTC-regulated exchange), source: Fox News, MSNBC, The Wall Street Journal

How the odds have moved

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

  • Emmanuel Macron
  • Friedrich Merz
  • Giorgia Meloni

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.

Kalshi

Open on Kalshi ↗

Top of book

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Best bid
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Best ask
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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.

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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 "Which G7 leader will leave office next?". Emmanuel Macron leads at 72%. Next is Friedrich Merz at 13%. $28K has traded across 7 outcomes on Kalshi. The market is expected to resolve by Jan 1, 2045.

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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