PolymarketOtherOpen

Russia x Ukraine ceasefire agreement by December 31, 2026?

14¢+614

last trade · closes 2027-01-01

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24h volume$7.3K
Open interest$131.4K
Lifetime volume$3.1M

Quick answers

Where is "Russia x Ukraine ceasefire agreement by December 31, 2026?" cheaper right now?
Polymarket last trade 14¢ (+614). No matched twin on another venue, so there is no cross-venue price to compare.
When does "Russia x Ukraine ceasefire agreement by December 31, 2026?" settle?
Closes 2027-01-01. Pays Yes when: This market will resolve to “Yes” if there is a ceasefire agreement between Russia and Ukraine by the specified date, 11:59 PM ET.

Odds history

Implied odds over timebid/askmid23%16%8%Oct 26 00:00 UTCNov 01 21:57 UTC

201 archived bid/ask quotes for "Russia x Ukraine ceasefire agreement by December 31, 2026?" on Polymarket, 2026-10-26 to 2026-11-01.

How this market settles

Pays Yes when
This market will resolve to “Yes” if there is a ceasefire agreement between Russia and Ukraine by the specified date, 11:59 PM ET.
Who decides
The primary resolution sources for this market will be official information from the governments of Russia and Ukraine and a consensus of credible reporting.
When
Closes 2027-01-01.
Read the full rules Polymarket publishes

This market will resolve to “Yes” if there is a ceasefire agreement between Russia and Ukraine by the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”. A ceasefire agreement refers to any mutually-agreed suspension of direct military engagement between Russia and Ukraine, which is either officially announced by both countries or confirmed by a consensus of credible reporting to have been mutually agreed by both countries. A broader peace deal, normalization agreement, political framework, truce, or humanitarian pause will qualify if it includes a mutually agreed suspension of direct military engagement, to be effective on a specified date. Agreements that outline future negotiations or de-escalation measures without an explicit, dated commitment to stop fighting will not qualify. Any form of informal understanding, backchannel communication, de-escalation without an announced agreement, or unilateral pause in hostilities will not be considered a ceasefire agreement. Only agreements which constitute a general pause in the conflict will qualify. Agreements which only apply to specific conflict categories (e.g. restrictions on certain target categories or certain locations) will not qualify. If a qualifying agreement is officially reached before this market’s end date, this market will resolve to “Yes,” regardless of whether the ceasefire agreement officially takes effect after that date. The primary resolution sources for this market will be official information from the governments of Russia and Ukraine and a consensus of credible reporting.

Heads up: Polymarket has 4 disputed resolutions in our archive. Read the rules before you bet.

What this bet really costs you

  • On $100 at 14¢ you pay $6.02 in fees on Kalshi

    0.84¢ per contract · 714 contracts

  • On $100 at 14¢ you pay $4.30 in fees on Polymarket US

    0.60¢ per contract · 714 contracts

Polymarket rate read from the catalog for sports_fees_v3 (15,702 markets in a sample of 20,000 rows drawn from 580,600 in the archive). Kalshi's rate is its published general schedule; the PDF has been rate-limiting fetches, so it is documented rather than verified.

Exchange-side taker fees per each venue's published formula (rate × contracts × price × (1 − price)); contracts = stake ÷ price, rounded down to whole contracts. Fees peak at 50¢ and shrink toward the extremes. Most quoted cross-venue “arbs” are negative-EV after these fees; the taker-fee breakeven on a Kalshi/Polymarket pair is roughly 3.5–4¢.

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