
Next French Presidential Election
PM $154.31M · K 910.9K contracts
2
75
Next French Presidential Election

PM $154.31M · K 910.9K contracts
2
75
Current odds
Snapshot from
As of Oct 21, 2026, 3:00 AM UTC, Marine Le Pen is the highest-priced outcome on both platforms, at 46.5% on Polymarket and 53.5% on Kalshi.
Polymarket
- Marine Le Pen46.5%
- Édouard Philippe18.5%
- David Lisnard11.7%
- Jean-Luc Mélenchon10.5%
- Raphaël Glucksmann5%
Kalshi
- Marine Le Pen53.5%
- Édouard Philippe15.5%
- David Lisnard10.5%
- Jean-Luc Mélenchon8.5%
- François Hollande4.5%
Yes prices. They are not order quotes; check each platform's rules, fees and live prices before trading.
AI Analysis
Trader mode: Market mechanics, assumptions and risks
PM $154.31M · K 910.9K contracts
Reported volume · provider units
75
Saved contracts
0
Same-question pairs
Source snapshot: Oct 21, 2026, 3:00 AM UTC
About This Event
The next French presidential election is currently expected to be held around April 2027. This market pertains to the outcome of the next French presidential election, regardless of whether it follows the scheduled end of the current term or is held earlier. The President of France is elected via a two-round system; a candidate must secure over 50% of the vote to win outright in the first round. If no candidate achieves this, the top two contenders advance to a runoff. This market will resolve according to the candidate who wins this election. This market includes any potential second round. If, for any reason, the results of the election are not known by December 31, 2027, 11:59 PM ET, this market will resolve to "Other". This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the French Government, specifically the Ministry of the Interior (https://www.interieur.gouv.fr/).
This analysis is awaiting a background update, so its prices may be older than the odds above.
Snapshot observed 2026-10-15T16:13:13.851Z. This analysis describes that snapshot and is not a live news update.
What the contract measures
Both events cover the winner of the next French presidential election, but their rules differ. The Kalshi excerpt says, "If X wins the next French presidential election, then the market resolves to Yes" [1]. It also states that the market "will close and expire early if the event occurs" [1].
The Polymarket rules say the market "will resolve according to the candidate who wins this election" and "includes any potential second round" [2]. If results are not known by December 31, 2027, 11:59 PM ET, the market "will resolve to "Other"" [2]. The Polymarket excerpt also says the election is "currently expected to be held around April 2027" [2]. That is a provider description, not a confirmed date.
The listed close times also differ. Polymarket lists an end time of 2027-04-19T03:59:00.000Z [2]. The Kalshi excerpt gives no listed end time [1], but its market rows show an end date of 2028-05-30T14:00:00.000Z [1]. Readers should check each provider's rules before comparing contracts.
Reading the snapshot
The provider observation time is 2026-10-15T16:13:13.851Z [1][2]. This describes the saved snapshot only and does not confirm current market status.
For the candidates shown on both platforms, the Yes prices are close. Marine Le Pen is at 0.435 on Kalshi and 0.4565 on Polymarket [1][2]. Édouard Philippe is at 0.185 on Kalshi and 0.195 on Polymarket [1][2]. These are snapshots, not executable quotes or verified probabilities. Differences in wording and close times mean the gaps should not be read as an arbitrage opportunity. The sample does not show volume or liquidity.
Coverage is partial. Kalshi includes 12 of 30 markets, and Polymarket includes 12 of 42. Each sample ranks included markets by Yes price, highest first. Omitted candidates are not implied to be lower priced. The two samples should not be merged into one ranking.
What remains uncertain
The supplied evidence does not explain why any price moved, how many traders hold a position, or what recent news affected the market. It also does not establish how either platform will handle the close date discrepancy. Any comparison should stay limited to the included rows, the stated rules, and the observation time.
References
- Kalshi: Next French presidential election winner?. Provider data observed 2026-10-15T16:13:13.851Z.
- Polymarket: Next French Presidential Election. Provider data observed 2026-10-15T16:13:13.851Z.
AI-generated analysis based on market data. Not financial advice.
Saved Oct 15, 2026 UTCAI-written background. References identify the evidence used; Wikipedia links under Learn More are additional reading. Prices and provider rules are dated snapshots. This is not financial advice.
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Prices are catalog snapshots and may have changed. Check each market's rules and observation time.

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Price gaps of 2 pp+
0
Same-question pairs
0
No outcomes on this page have been reviewed as the same question on both platforms yet.
Price differences do not establish arbitrage. Check each pair's review, current order prices, fees and settlement rules.

