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MarketsWhalesArbTrending
ARBITRAGE_ACTIVE // SPREAD: 6.5% // +$650.00

Live prediction market odds for 2026 Busan Mayoral Election Winner. Compare prices across Polymarket and Predict.fun.

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Polymarket / Predict.fun

2026 Busan Mayoral Election Winner

2026-06-03

About This Market

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Predict.fun + Polymarket pair (auto-ingested via condition_id cross-ref)

Chun Jae-soo leads the “2026 Busan Mayoral Election Winner” event at 77.4% implied probability, followed by Park Heong-joon at 21.3%. A 6.5% cross-platform spread signals an active arbitrage window.

Price History

Multi-Platform Probabilities
Loading 30D data…

Live Markets

2 platforms
CJ
Chun Jae-sooARB
78% Avg
Polymarket76¢
Predict.fun81¢
PlatformImplied %Yes — Bid / AskNo — Bid / Ask
PolymarketPolymarket
75.5%75¢76¢24¢25¢
Predict.funPredict.fun
80.0%79¢81¢19¢21¢
PH
Park Heong-joonARB
22% Avg
Polymarket25¢
Predict.fun21¢
PlatformImplied %Yes — Bid / AskNo — Bid / Ask
PolymarketPolymarket
24.5%24¢25¢75¢76¢
Predict.funPredict.fun
19.5%18¢21¢79¢82¢

Candidate Spotlight

About Chun Jae-soo

Chun Jae-soo is a South Korean politician and member of the Democratic Party of Korea. He served as the Minister of Oceans and Fisheries from June 2025 until his resignation in December 2025 amid bribery allegations, which were later dismissed. He is currently the Democratic Party's candidate for the Busan mayoral election, aiming to develop Busan into a maritime capital.

About Park Heong-joon

Park Heong-joon is the current Mayor of Busan, South Korea, serving his second term after re-election in July 2022. He previously held positions as Secretary-General of the National Assembly and Senior Secretary to the President for Political Affairs. His extensive political experience and leadership in Busan's development make him a significant figure in the city's governance.

Frequently Asked Questions

What is "2026 Busan Mayoral Election Winner" and why does it matter?

2026 Busan Mayoral Election Winner is a prediction market event currently tracked across 2 platforms (Polymarket, Predict.fun). Chun Jae-soo leads at 77% implied probability, making it the market favorite. Other contenders include Park Heong-joon at 25%.

What is moving the odds on "2026 Busan Mayoral Election Winner"?

Chun Jae-soo currently leads at 77% implied probability. Behind Chun Jae-soo, Park Heong-joon at 25% are the next closest contenders. The 6.5% cross-platform spread suggested platforms were pricing new information differently, creating potential trading opportunities.

What are the current odds for "2026 Busan Mayoral Election Winner" across platforms?

Here are the latest odds across Polymarket, Predict.fun: Chun Jae-soo: 76¢ on Polymarket. Park Heong-joon: 25¢ on Polymarket. The 6.5% spread across platforms highlights where markets disagree — a gap traders can exploit by buying low on one platform and selling high on another.

What does it mean that Chun Jae-soo is at 77%?

A price of 77¢ means the market estimates a 77% probability that Chun Jae-soo will be the outcome. Buying one share at 77¢ pays out $1.00 if correct — a 30% return — or $0 if wrong. This is the core mechanic of prediction markets: the price directly reflects the crowd's probability estimate.

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Resolution Oracles

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Stats
Spread6.5%
Platforms2
Candidates2
Leader

Chun Jae-soo

77.4% avg

Market Rulebook: 2026 Busan Mayoral Election Winner

Official settlement criteria, resolution sources, and edge cases across Predict.fun.

Predict.funPredict.fun
Primary Rule

{'description': 'The 2026 Busan mayoral election is scheduled to take place on June 3, 2026 to elect the next mayor of Busan.\n\nThis market will resolve according to the listed candidate that wins this election.\n\nIf the result of this election isn\'t known by January 31, 2027, 11:59 PM ET, the market will resolve to "Other".\n\nThis 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 South Korean government, specifically the National Election Commission.\n\nCreated At: 2026-03-02T12:58:37.172556056Z'}

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PolymarketWill Park Heong-joon win the 2026 Busan Mayoral Election?
BUYNo@ 80¢$82K PnL
Payout$1,862
Stake$1,489.39
2h ago