What is the fee on Kalshi for this market?

At the current typical price of 21¢, about 1¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $2.77.

What win rate do I need to break even?

About 22% if you hold to settlement, against a market price of 21%. The gap is the fee.

Markets › Kalshi › Politics

Ken Martin out as DNC chair? on Kalshi

If Ken Martin leaves as chair of the Democratic National Committee before Jan 1, 2028, then the market resolves to Yes.

Settles on: person, The Wall Street Journal, Bloomberg News, The Washington Post, Fox News, Reuters, CNN, official government records and registries, the body, agency, company, organization, or entity at which role is held, the Associated Press, Politico, the New York Times.

Market says (typical open contract)

21%

Median YES price across 4 open contracts, 10 Nov 2026 09:57 UTC.

Real-world odds

—

No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.

Luck needed meter

42% 😈

Half luck. The favorite is clear, the fee is not small, and the payout on the favorite is thin.

The cover charge

Fee and break-even by purchase price
If you buy at	Fee per contract	On $50	Win rate to break even
21¢ (now)	1.2¢	$2.77	22.2%
30¢	1.5¢	$2.45	31.5%
50¢	1.8¢	$1.75	51.7%
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.

How long until your balance is $0 in this market? →

Open contracts right now

Open contracts in this series with price, implied probability, volume and close time
Contract	YES price	Implied	Fee at this price	Real-world odds	Luck needed	Volume	Closes
Will Ken Martin be out as chair of the Democratic National Committee before Jan 1, 2027? · Before Jan 1, 2027	6¢	6%	0.4¢	—	12%	15,834	Jan 01, 04:59 UTC
Will Ken Martin be out as chair of the Democratic National Committee before Jul 1, 2027? · Before Jul 1, 2027	21¢	21%	1.2¢	—	42%	739	Jul 01, 03:59 UTC
Will Ken Martin be out as chair of the Democratic National Committee before Jan 1, 2028? · Before Jan 1, 2028	45¢	45%	1.7¢	—	91%	728	Jan 01, 04:59 UTC
Will Ken Martin be out as chair of the Democratic National Committee before Dec 1, 2026? · Before Dec 1, 2026	6¢	6%	0.4¢	—	12%	371	Dec 01, 04:59 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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