What does a Kalshi trade cost?

Kalshi charges when you buy and not when the contract settles.

You get
200
contracts
Fee to enter
$3.50
3.50% of your stake
Total out of pocket
$103.50
51.75¢ a contract, not 50¢
If it wins
+$96.50
$200.00 back
If it loses
−$103.50
Settlement
Free

100 contracts, by price

PricePositionFee% of position
5¢$5.00$0.346.8%
10¢$10.00$0.636.3%
25¢$25.00$1.325.3%
50¢$50.00$1.753.5%
75¢$75.00$1.321.8%
90¢$90.00$0.630.7%
95¢$95.00$0.340.4%

Kalshi’s 0.07 is its published schedule; Kalshi says a few markets carry different fees, and a market’s own order ticket shows its fee. Checked against live Kalshi order tickets on Oct 15, 2026.

Polymarket fees →Kalshi vs Polymarket →Arbitrage calculator →

Informational only, not trading advice. Confirm rates against your own fills.

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The terminal subtracts this from every edge before showing you a number, across every market on every exchange.

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These calculators are informational and are not financial or trading advice. Fee schedules are modeled from each venue’s published rates and can change without notice — always confirm against your own fills.

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