What is the fee on Kalshi for this market?

At the current typical price of 1¢, about 0¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $3.47.

What win rate do I need to break even?

About 1% if you hold to settlement, against a market price of 1%. The gap is the fee.

Markets › Kalshi › Elections

120th Congress: Who will be Speaker of the House? on Kalshi

If Ro Khanna wins the election for Speaker of the U.S. House of Representatives at the opening of the 120th Congress, then the market resolves to Yes.

Settles on: relevant county clerk or board of elections, Attorney General of the United States, relevant city/municipal clerk, the Federal Election Commission, state board of elections or canvassing board.

Market says (typical open contract)

Median YES price across 9 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

2% 😈

All but decided, says the market. The remaining cents are the price of the rare surprise, and the fee comes off them first.

The cover charge

Fee and break-even by purchase price
If you buy at	Fee per contract	On $50	Win rate to break even
1¢ (now)	0.1¢	$3.47	1.1%
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
Who will win the election for Speaker of the U.S. House of Representatives at the opening of the 120th Congress? · Hakeem Jeffries	94¢	94%	0.4¢	—	11%	71,632	Jan 03, 15:00 UTC
Who will win the election for Speaker of the U.S. House of Representatives at the opening of the 120th Congress? · Katherine Clark	2¢	2%	0.1¢	—	3%	13,650	Jan 03, 15:00 UTC
Who will win the election for Speaker of the U.S. House of Representatives at the opening of the 120th Congress? · Mike Johnson	1¢	1%	0.1¢	—	2%	7,092	Jan 03, 15:00 UTC
Who will win the election for Speaker of the U.S. House of Representatives at the opening of the 120th Congress? · Jim Jordan	0¢	0%	0.0¢	—	1%	5,448	Jan 03, 15:00 UTC
Who will win the election for Speaker of the U.S. House of Representatives at the opening of the 120th Congress? · Pete Aguilar	1¢	1%	0.1¢	—	2%	4,682	Jan 03, 15:00 UTC
Who will win the election for Speaker of the U.S. House of Representatives at the opening of the 120th Congress? · Ro Khanna	2¢	2%	0.1¢	—	3%	4,495	Jan 03, 15:00 UTC
Who will win the election for Speaker of the U.S. House of Representatives at the opening of the 120th Congress? · Jamie Raskin	2¢	2%	0.1¢	—	3%	3,574	Jan 03, 15:00 UTC
Who will win the election for Speaker of the U.S. House of Representatives at the opening of the 120th Congress? · Tom Emmer	0¢	0%	0.0¢	—	1%	1,952	Jan 03, 15:00 UTC
Who will win the election for Speaker of the U.S. House of Representatives at the opening of the 120th Congress? · Steve Scalise	0¢	0%	0.0¢	—	1%	1,855	Jan 03, 15:00 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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