What is the fee on Kalshi for this market?

At the current typical price of 0¢, about 0¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $3.48.

What win rate do I need to break even?

About 0% if you hold to settlement, against a market price of 0%. The gap is the fee.

Markets › Kalshi › Elections

French presidential election on Kalshi

If Teddy Riner wins the next French presidential election, then the market resolves to Yes.

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

Market says (typical open contract)

Median YES price across 31 open contracts, 10 Nov 2026 04:28 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

1% 😈

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
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 Marine Le Pen win the 2027 French presidential election? · Marine Le Pen	50¢	50%	1.7¢	—	99%	448,888	May 30, 14:00 UTC
Will Jordan Bardella win the 2027 French presidential election? · Jordan Bardella	3¢	3%	0.2¢	—	5%	215,908	May 30, 14:00 UTC
Will Yaël Braun-Pivet win the 2027 French presidential election? · Yaël Braun-Pivet	0¢	0%	0.0¢	—	1%	199,552	May 30, 14:00 UTC
Will Christine Lagarde win the 2027 French presidential election? · Christine Lagarde	6¢	6%	0.4¢	—	11%	173,629	May 30, 14:00 UTC
Will David Lisnard win the 2027 French presidential election? · David Lisnard	12¢	12%	0.8¢	—	25%	153,878	May 30, 14:00 UTC
Will Jean-Luc Mélenchon win the 2027 French presidential election? · Jean-Luc Mélenchon	14¢	14%	0.8¢	—	27%	147,128	May 30, 14:00 UTC
Will Gabriel Attal win the 2027 French presidential election? · Gabriel Attal	1¢	1%	0.0¢	—	1%	129,355	May 30, 14:00 UTC
Will Mathilde Panot win the 2027 French presidential election? · Mathilde Panot	0¢	0%	0.0¢	—	0%	127,270	May 30, 14:00 UTC
Will Laurent Wauquiez win the 2027 French presidential election? · Laurent Wauquiez	0¢	0%	0.0¢	—	1%	109,930	May 30, 14:00 UTC
Will François Hollande win the 2027 French presidential election? · François Hollande	2¢	2%	0.2¢	—	5%	107,819	May 30, 14:00 UTC
Will Jean Castex win the 2027 French presidential election? · Jean Castex	0¢	0%	0.0¢	—	1%	107,602	May 30, 14:00 UTC
Will Michel Barnier win the 2027 French presidential election? · Michel Barnier	0¢	0%	0.0¢	—	0%	102,285	May 30, 14:00 UTC
Will Olivier Faure win the 2027 French presidential election? · Olivier Faure	0¢	0%	0.0¢	—	0%	101,814	May 30, 14:00 UTC
Will François Bayrou win the 2027 French presidential election? · François Bayrou	0¢	0%	0.0¢	—	1%	98,713	May 30, 14:00 UTC
Will Xavier Bertrand win the 2027 French presidential election? · Xavier Bertrand	0¢	0%	0.0¢	—	0%	97,365	May 30, 14:00 UTC
Will Manuel Bompard win the 2027 French presidential election? · Manuel Bompard	0¢	0%	0.0¢	—	1%	95,193	May 30, 14:00 UTC
Will Valérie Pécresse win the 2027 French presidential election? · Valérie Pécresse	0¢	0%	0.0¢	—	0%	93,583	May 30, 14:00 UTC
Will Édouard Philippe win the 2027 French presidential election? · Édouard Philippe	7¢	7%	0.5¢	—	14%	87,532	May 30, 14:00 UTC
Will Sarah Knafo win the 2027 French presidential election? · Sarah Knafo	0¢	0%	0.0¢	—	1%	78,313	May 30, 14:00 UTC
Will Raphaël Glucksmann win the 2027 French presidential election? · Raphaël Glucksmann	4¢	4%	0.3¢	—	9%	73,719	May 30, 14:00 UTC
Will Éric Zemmour win the 2027 French presidential election? · Éric Zemmour	1¢	1%	0.1¢	—	2%	68,791	May 30, 14:00 UTC
Will Bruno Retailleau win the 2027 French presidential election? · Bruno Retailleau	1¢	1%	0.1¢	—	2%	61,884	May 30, 14:00 UTC
Will Dominique de Villepin win the 2027 French presidential election? · Dominique de Villepin	1¢	1%	0.1¢	—	2%	57,680	May 30, 14:00 UTC
Will Sébastien Lecornu win the 2027 French presidential election? · Sébastien Lecornu	0¢	0%	0.0¢	—	0%	29,045	May 30, 14:00 UTC
Will Gérald Darmanin win the 2027 French presidential election? · Gérald Darmanin	0¢	0%	0.0¢	—	0%	24,133	May 30, 14:00 UTC
Will Élisabeth Borne win the 2027 French presidential election? · Élisabeth Borne	0¢	0%	0.0¢	—	0%	23,139	May 30, 14:00 UTC
Will Bernard Cazeneuve win the 2027 French presidential election? · Bernard Cazeneuve	0¢	0%	0.0¢	—	0%	22,264	May 30, 14:00 UTC
Will Bruno Le Maire win the 2027 French presidential election? · Bruno Le Maire	0¢	0%	0.0¢	—	0%	22,077	May 30, 14:00 UTC
Will Carole Delga win the 2027 French presidential election? · Carole Delga	0¢	0%	0.0¢	—	0%	21,743	May 30, 14:00 UTC
Will Teddy Riner win the 2027 French presidential election? · Teddy Riner	2¢	2%	0.1¢	—	3%	21,138	May 30, 14:00 UTC
Will François Ruffin win the 2027 French presidential election? · François Ruffin	0¢	0%	0.0¢	—	0%	20,589	May 30, 14:00 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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