Kalshi fees
Prediction-market trades pay a transaction fee of roughly 0.07 x contracts x price x (1 - price), rounded up to the next cent, so the fee peaks near 50c (about 1.75c per contract) and shrinks toward 1c or 99c. Some event types carry their own schedules, and resting orders may carry maker fees in some markets. Perps cost 12 bps taker / 5 bps maker at the base tier. Network (gas/priority) fees and pool fees are charged on top.
Checked 2026-10-16 · fee sourceThe fee schedule
| Fee | Type | Rate | Applies to | Note |
|---|---|---|---|---|
| Prediction-market trading fee | platform | — | Buy and sell | Formula 0.07 x contracts x price x (1 - price), rounded up to the next cent, as reproduced from Kalshi's fee schedule PDF by Allium (2026-09-03); the PDF itself was blocked to our fetcher. Help center confirms the fee applies to expected earnings and some markets differ. |
| Maker fee (some markets) | platform | — | Buy and sell | Some markets charge fees on resting orders, only when the trade executes; cancelling a resting order is free (Kalshi help center). |
| Perps fee | platform | 0.12% | Buy and sell | 12.0 bps taker / 5.0 bps maker on notional at open and close at Tier 0; see perps field. |
Perps: taker 0.12%, maker 0.05% — Perps fees are charged on notional at open and close: 12.0 bps taker / 5.0 bps maker at Tier 0, falling to 2.6 bps / 0.6 bps at Tier 10 ($3B+ 30-day perps + prediction volume). Funding payments are separate. Source: KalshiEX CFTC filing of 2026-06-24, https://www.cftc.gov/filings/orgrules/rules0624267243.pdf
Platform fees only. On-chain network/priority fees, pool (LP) fees and price impact are extra and vary by trade.
Fees DexSheet doesn't count
- Network fees: Solana base + priority fees, or gas on EVM chains. Usually cents on Solana, but priority tips during busy launches can be more.
- Pool (LP) fees: the DEX pool the trade routes through takes its own cut (for example Pump.fun's bonding curve charges 1.25%).
- Price impact and slippage: on thin memecoin pools this is often bigger than every fee combined.
FAQ
How much does Kalshi charge per trade?
Prediction-market trades pay a transaction fee of roughly 0.07 x contracts x price x (1 - price), rounded up to the next cent, so the fee peaks near 50c (about 1.75c per contract) and shrinks toward 1c or 99c. Some event types carry their own schedules, and resting orders may carry maker fees in some markets. Perps cost 12 bps taker / 5 bps maker at the base tier.
Does Kalshi charge on both buy and sell?
Yes. The platform fee applies to buys and to sells, so a round trip costs about twice the per-trade rate.
How do I pay lower fees on Kalshi?
Sign up with a code (Predictions: a sign-up bonus credit that varies by offer. Perps: a discount on the referee's own perps fees, rate not published).
What are Kalshi's perps fees?
Perps fees are charged on notional value at both open and close: 12 bps taker and 5 bps maker at the base tier, falling to 2.6 bps and 0.6 bps above $3B in 30-day volume. Funding payments are separate from fees.
What are Kalshi's trading fees on predictions?
Kalshi charges roughly 0.07 x contracts x price x (1 - price), rounded up to the next cent, so fees peak near 50 cents. Some markets use different schedules or add maker fees. Check the in-app fee icon before trading.
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- Kalshi Help: How is Kalshi regulated? — checked 2026-10-16
- Kalshi Help: Fees — checked 2026-10-16
- Kalshi Help: Perps Fees Explained — checked 2026-10-16
- KalshiEX CFTC filing: Exchange Fee Schedule (Perpetual Futures Contracts), 2026-06-24 — checked 2026-10-16
- Kalshi Help: Applying for Perpetuals Access — checked 2026-10-16
- Kalshi Help: Your Perpetuals Margin Account — checked 2026-10-16
- Kalshi Help: Referral Program FAQ — checked 2026-10-16
- Kalshi Help: Perps Promotions, Bonuses & Credits — checked 2026-10-16
- Kalshi Help: Can I trade on Kalshi from outside the United States? — checked 2026-10-16
- Kalshi Help: Account verification requirements — checked 2026-10-16
- Wikipedia: Kalshi (founding, DCM designation, state litigation summary) — checked 2026-10-16
- TechCrunch: Kalshi doubles valuation to $22 billion (2026-05-07) — checked 2026-10-16
- Public Gaming: Nevada Gaming Control Board agreement with Kalshi (2026-07-24) — checked 2026-10-16
- MPR News: Minnesota ban put on hold by federal judge (2026-07-27) — checked 2026-10-16
- ABC7 NY: New York sues Kalshi (2026-07-31) — checked 2026-10-16
- Mass.gov: AG secures court order blocking Kalshi sports wagers (cited via Wikipedia; direct fetch returned 403) — checked 2026-10-16
- CoinPerps - Kalshi restricted countries (Member Agreement v1.6, third-party) — checked 2026-10-16
- Allium - Kalshi fees (reproduces fee schedule, 2026-09-03) — checked 2026-10-16