How Kalshi fees work as of February 2026. The per contract trading fee formula, maker rates, index market discounts, deposit and withdrawal costs, and what is free.
Last reviewed 3 February 2026 · Facts as of February 2026 · Illustrative editorial examples
How Kalshi fees work as of February 2026. The per contract trading fee formula, maker rates, index market discounts, deposit and withdrawal costs, and what is free.
Figures are indicative and dated. Confirm the current terms on the platform before acting.
No. The trading fee is calculated per contract from a formula that scales with the price, so it is largest near fifty cents and smaller toward the ends. There is no single flat percentage. As of February 2026.
Standard ACH bank transfers and wires carry no Kalshi deposit fee. Card deposits can carry a processing fee of up to two percent. As of February 2026.
ACH withdrawals carry no Kalshi fee and typically take one to three business days. Wire withdrawals carry no Kalshi fee but are limited to large amounts and your bank may charge. As of February 2026.
No. Kalshi has no membership fee and no separate settlement fee. As of February 2026.
Kalshi charges half the standard rate on S&P 500 and Nasdaq 100 contracts, using a 0.035 multiplier rather than 0.07. As of February 2026.
This page describes Kalshi as we assess it. Platform mechanics, fees, and terms change, so verify the current detail before you rely on it.
Facts as of February 2026. General information, not financial advice.