Fee schedule
Fees are charged once per trade, based on the price of the contract — never on settlement. The closer a price is to 50¢, the higher the fee, reflecting the expected value of the trade.
Trading fees (per contract)
| CONTRACT PRICE | FEE |
|---|---|
| 5¢ | 0.7¢ |
| 10¢ | 1.3¢ |
| 25¢ | 2.6¢ |
| 50¢ | 3.5¢ |
| 75¢ | 2.6¢ |
| 90¢ | 1.3¢ |
| 95¢ | 0.7¢ |
Everything else
| Membership | Free |
| Settlement | Free |
| ACH deposit | Free |
| ACH withdrawal | Free |
| Debit card deposit | 2% of amount |
| Wire withdrawal | $10 flat |
| Inactivity | None |
Maker fees
Most markets charge no fee for resting orders. A small number of designated markets charge a maker fee, shown on the market page before you trade. Liquidity providers can offset fees entirely through the incentive programs.
Demo clone — this table is illustrative placeholder data, not the real Kalshi fee schedule.