world

Russia x Ukraine ceasefire by end of 2027?

PlatformPolymarket Expires2027-12-31 Volume$95,351 Open Interest$151,229
YES
46¢
Implied probability: 46.5%
NO
53¢
Implied probability: 53.5%
30-DAY PROBABILITY HISTORY Low 46¢ · High 46¢ · Δ +0.0pp
Advertisement
Kalshi · $25 sign-up bonus Trade event contracts legally in the US. Get $25 free. Kalshi is the CFTC-regulated US exchange for event contracts. Sign up with our link and get $25 in trading credit, no deposit required to claim. This specific contract is on Polymarket (not available to US traders), but Kalshi lists similar events. Open an account →
YES Price
46¢
NO Price
53¢
Total Volume
$95,351
Open Interest
$151,229
Expiration
2027-12-31
Days Left
615
About this market

What resolves this contract

This market will resolve to "Yes" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine by December 31, 2027, 11:59 PM ET. If the agreement is officially reached before the resolution date, this market will resolve to "Yes," regardless of whether the ceasefire officially starts afterward. Only ceasefires which constitute a general pause in the conflict will qualify. Ceasefires which only apply to energy infrastructure, the Black Sea, or other similar agreements will not qualify. Any form of in

How to read the price

Prediction market prices are expressed in cents on the dollar. A YES contract trading at 46¢ means the market is pricing in a 46.5% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.

Volume vs. open interest

Total traded volume ($95,351) reflects every buy and sell across the life of this contract. Open interest ($151,229) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.

Where to trade this market

This contract is listed on Polymarket. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.

Advertisement
Related

Markets in the same story

MarketYESVolume
Will Naftali Bennett be the next Prime Minister of Israel? 36¢ $980,402
Will Trump and Putin meet next in another EU country? $962,280
Will Yoon Sang-hyun win the 2026 Chungcheongnam Province gubernatorial election? $98,202
FAQ

Common questions about this market

How is this market resolved?

This market will resolve to "Yes" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine by December 31, 2027, 11:59 PM ET. If the agreement is officially reached before the resolution date, this market will resolve to "Yes," regardless of whether the ceasefire officially starts afterward. Only ceasefires which constitute a general pause in the conflict will qualify. Ceasefires which only apply to energy infrastructure, the Black Sea, or other similar agreements will not qualify. Any form of in

When does this contract expire?

This contract closes on 2027-12-31, 615 days from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).

What happens if I buy YES at 46¢?

If the event resolves YES, each YES contract pays $1 , a profit of 53¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 46¢ is lost. Current market price implies a 46.5% probability of YES.

Where is this market listed?

This contract is listed on Polymarket. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.

How reliable is the quoted price?

This market has $95,351 in total traded volume and $151,229 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.

Disclaimer: Prediction market data on this page is sourced from public order books. Prices change continuously; figures shown here reflect the last refresh at 2026-04-25. Nothing on this page constitutes investment or betting advice.
Get new posts in your inbox. No spam, unsubscribe anytime.