Tools › Kalshi APY calculator
Fees from Kalshi's fee schedule effective July 7, 2026 · live favorites checked October 5, 2026 at 23:20 UTC
Buying a contract at 90 cents that pays $1 returns 11.1% if it wins, before fees; with the Kalshi taker fee (0.63 cents a contract at 90 cents) it is 10.3%. Held for 60 days that is 63% a year simple, or 82% compounded. The price is also the market's view of the risk: a 90-cent contract loses everything roughly one time in ten.
Profit: -
Return to resolution: -
Annualized, simple: -
Annualized, compounded (APY): -
Break-even chance: -
If it loses, you lose the whole cost. The price already tells you how likely that is.
Contracts priced 85 to 99 cents that close in 30 to 400 days, among the events with a Kalshi View page, by 24-hour volume; mid prices, taker fee included, checked October 5, 2026 at 23:20 UTC. Buying at the ask costs a little more.
Fees per order: Kalshi fee calculator. Position risk and expected value: payout calculator. Bids, offers and spread: how to read the Kalshi order book. All live prices: Kalshi odds today.
Buying a contract at 90 cents that pays $1 returns 11.1% if it wins, before fees; with the Kalshi taker fee (0.63 cents a contract at 90 cents) it is 10.3%. Held for 60 days that is 63% a year simple, or 82% compounded. The price is also the market's view of the risk: a 90-cent contract loses everything roughly one time in ten.
No. The price says the market sees about a 5% chance that the contract pays nothing, and then you lose the whole 95 cents. The annualised figure only describes the return if it wins.
Yes. The taker fee is largest in cents near 50 cents but matters most for expensive contracts, where the profit per contract is small: at 95 cents the fee takes about a tenth of the 5-cent profit.