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Fee formulas from Kalshi's fee schedule effective July 7, 2026 · live fee types checked September 24, 2026 at 13:58 UTC
Kalshi charges takers round up(M x 0.07 x C x P x (1-P)) per order, where P is the price in dollars, C the number of contracts and M the series multiplier (1 unless the fee schedule says otherwise). 100 contracts at 50 cents cost $1.75 in fees; at 10 cents, $0.63. Makers pay only on series listed with maker fees: round up(M x 0.0175 x C x P x (1-P)), $0.44 for 100 contracts at 50 cents.
Fee: $1.75 (1.75¢ per contract)
Total cost with fee: $51.75
Profit if the contract pays $1: $48.25
Break-even chance: 51.8%
Fees are rounded up to the next cent per order, so splitting one order into many small ones can cost more.
| Price | 1 contract | 10 contracts | 100 contracts | Maker, 100 contracts |
|---|---|---|---|---|
| 1¢ | $0.01 | $0.01 | $0.07 | $0.02 |
| 5¢ | $0.01 | $0.04 | $0.34 | $0.09 |
| 10¢ | $0.01 | $0.07 | $0.63 | $0.16 |
| 20¢ | $0.02 | $0.12 | $1.12 | $0.28 |
| 30¢ | $0.02 | $0.15 | $1.47 | $0.37 |
| 40¢ | $0.02 | $0.17 | $1.68 | $0.42 |
| 50¢ | $0.02 | $0.18 | $1.75 | $0.44 |
| 60¢ | $0.02 | $0.17 | $1.68 | $0.42 |
| 70¢ | $0.02 | $0.15 | $1.47 | $0.37 |
| 80¢ | $0.02 | $0.12 | $1.12 | $0.28 |
| 90¢ | $0.01 | $0.07 | $0.63 | $0.16 |
| 95¢ | $0.01 | $0.04 | $0.34 | $0.09 |
| 99¢ | $0.01 | $0.01 | $0.07 | $0.02 |
Multiplier M = 1. The maker column applies only to series listed with maker fees. Current availability, prices, close time, fees, and settlement wording must be verified on Kalshi directly before trading.
From Kalshi's public series data, checked September 24, 2026 at 13:58 UTC.
How the schedule works, with official examples and deposit costs: Kalshi fees explained. Also: payout calculator, slippage calculator and Kalshi odds today.
Kalshi charges takers round up(M x 0.07 x C x P x (1-P)) per order, where P is the price in dollars, C the number of contracts and M the series multiplier (1 unless the fee schedule says otherwise). 100 contracts at 50 cents cost $1.75 in fees; at 10 cents, $0.63. Makers pay only on series listed with maker fees: round up(M x 0.0175 x C x P x (1-P)), $0.44 for 100 contracts at 50 cents.
Only on series listed in the fee schedule's maker fees section; elsewhere resting orders pay no trading fee. Of the 25 most traded markets checked on September 24, 2026, 6 carry maker fees.
The July 7, 2026 fee schedule lists no settlement fee, no membership fee and no ACH deposit or ACH withdrawal fee; a card deposit can carry up to 2%.