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Aluminum Midwest premium on Kalshi
If the official final settlement price of CME Aluminum MW U.S. Transaction Premium Platts (25MT) futures (AUP), November 2026 contract, as published by CME Group, is at least 95 U.S. cents per pound at the final settlement of the November 2026 AUP contract, then the market resolves to Yes.
Settles on: CME Group - Aluminum Midwest Premium (AUP).
The cover charge
| If you buy at | Fee per contract | On $50 | Win rate to break even |
|---|---|---|---|
| 30¢ | 1.5¢ | $2.45 | 31.5% |
| 50¢ | 1.8¢ | $1.75 | 51.7% |
| 59¢ (now) | 1.7¢ | $1.44 | 60.7% |
| 70¢ | 1.5¢ | $1.05 | 71.5% |
| 90¢ | 0.6¢ | $0.35 | 90.6% |
Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.
Open contracts right now
| Contract | YES price | Implied | Fee at this price | Real-world odds | Luck needed | Volume | Closes |
|---|---|---|---|---|---|---|---|
| Will the aluminum Midwest premium be at least 90¢/lb? · 90¢ or above | 52¢ | 52% | 1.7¢ | — | 95% | 8,463 | Nov 30, 05:00 UTC |
| Will the aluminum Midwest premium be at least 85¢/lb? · 85¢ or above | 60¢ | 60% | 1.7¢ | — | 81% | 7,007 | Nov 30, 05:00 UTC |
| Will the aluminum Midwest premium be at least 105¢/lb? · 105¢ or above | 34¢ | 34% | 1.6¢ | — | 68% | 6,701 | Nov 30, 05:00 UTC |
| Will the aluminum Midwest premium be at least 95¢/lb? · 95¢ or above | 68¢ | 68% | 1.5¢ | — | 64% | 6,663 | Nov 30, 05:00 UTC |
| Will the aluminum Midwest premium be at least 100¢/lb? · 100¢ or above | 38¢ | 38% | 1.6¢ | — | 75% | 4,544 | Nov 30, 05:00 UTC |
| Will the aluminum Midwest premium be at least 80¢/lb? · 80¢ or above | 71¢ | 71% | 1.4¢ | — | 58% | 4,418 | Nov 30, 05:00 UTC |
| Will the aluminum Midwest premium be at least 75¢/lb? · 75¢ or above | 96¢ | 96% | 0.3¢ | — | 9% | 3,532 | Nov 30, 05:00 UTC |
| Will the aluminum Midwest premium be at least 110¢/lb? · 110¢ or above | 60¢ | 60% | 1.7¢ | — | 81% | 3,322 | Nov 30, 05:00 UTC |
| Will the aluminum Midwest premium be at least 70¢/lb? · 70¢ or above | 94¢ | 94% | 0.4¢ | — | 13% | 2,916 | Nov 30, 05:00 UTC |
Who actually wins this market
- Whoever posts the resting orders and collects the spread without paying a fee.
- The venue, on every fee.
- Not, on average, the person clicking buy because the chart is going their way. That was us.
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