What is the fee on Kalshi for this market?

At the current typical price of 4¢, about 0¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $3.38.

What win rate do I need to break even?

About 4% if you hold to settlement, against a market price of 4%. The gap is the fee.

Markets › Kalshi › Politics

Where will Zelenskyy and Putin meet next? on Kalshi

If the next Putin and Zelenskyy meeting happens in United Arab Emirates before Dec 31, 2028, then the market resolves to Yes.

Settles on: The Washington Post, the New York Times, ABC, The Information, The Wall Street Journal, Fox News, NBC, Bloomberg, ESPN, Axios, CNN, Semafor, MSNBC, CBS, Reuters, Politico.

Market says (typical open contract)

Median YES price across 9 open contracts, 10 Nov 2026 09:57 UTC.

Real-world odds

—

No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.

Luck needed meter

7% 😈

All but decided, says the market. The remaining cents are the price of the rare surprise, and the fee comes off them first.

The cover charge

Fee and break-even by purchase price
If you buy at	Fee per contract	On $50	Win rate to break even
4¢ (now)	0.3¢	$3.36	4.3%
30¢	1.5¢	$2.45	31.5%
50¢	1.8¢	$1.75	51.7%
70¢	1.5¢	$1.05	71.5%
90¢	0.6¢	$0.35	90.6%

Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.

How long until your balance is $0 in this market? →

Open contracts right now

Open contracts in this series with price, implied probability, volume and close time
Contract	YES price	Implied	Fee at this price	Real-world odds	Luck needed	Volume	Closes
Will Putin and Zelenskyy meet next in Turkey? · Turkey	17¢	17%	1.0¢	—	34%	13,812	Dec 31, 04:59 UTC
Will Putin and Zelenskyy meet next in Hungary? · Hungary	4¢	4%	0.2¢	—	7%	10,786	Dec 31, 04:59 UTC
Will Putin and Zelenskyy meet next in Switzerland? · Switzerland	4¢	4%	0.3¢	—	9%	5,449	Dec 31, 04:59 UTC
Will Putin and Zelenskyy meet next in the USA? · United States	7¢	7%	0.5¢	—	14%	3,883	Dec 31, 04:59 UTC
Will Putin and Zelenskyy meet next in Ukraine? · Ukraine	3¢	3%	0.2¢	—	6%	1,826	Dec 31, 04:59 UTC
Will Putin and Zelenskyy meet next in the United Arab Emirates? · United Arab Emirates	56¢	56%	1.7¢	—	88%	1,223	Dec 31, 04:59 UTC
Will Putin and Zelenskyy meet next in Germany? · Germany	3¢	3%	0.2¢	—	6%	912	Dec 31, 04:59 UTC
Will Putin and Zelenskyy meet next in China? · China	3¢	3%	0.2¢	—	7%	674	Dec 31, 04:59 UTC
Will Putin and Zelenskyy meet next in Russia? · Russia	3¢	3%	0.2¢	—	6%	666	Dec 31, 04:59 UTC

Who actually wins this market

Whoever posts the resting orders and collects the spread without paying a fee.
The venue, on every fee.
Not, on average, the person clicking buy because the chart is going their way. That was us.

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