Cross-Platform Arbitrage with Kalshi

Find risk-free arbitrage opportunities between Kalshi and other prediction markets. Calculate stakes and guaranteed profit after fees.

Arb CalculatorKalshi · CFTC Regulated

Why This Matters

Kalshi's CFTC-regulated prices sometimes differ from Polymarket, Robinhood, or DraftKings on the same events. Price discrepancies create arbitrage opportunities — but Kalshi's taker fees must be factored in to confirm the arb survives after costs.

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Step-by-Step: Arb Calculator on Kalshi

  1. 1

    Monitor the same event contract across Kalshi and another platform (e.g., Polymarket).

  2. 2

    When the Yes price on one platform + the No price on the other < $1.00 (minus fees), an arb exists.

  3. 3

    Enter both prices into the Arb Calculator along with each platform's fee structure.

  4. 4

    Review the guaranteed profit after fees. If positive, the arb is real.

  5. 5

    Size your positions according to the calculator's recommended stake allocation.

Worked Example

Event: 'Will X happen?' Kalshi Yes at $0.42 (fee: $0.02). Polymarket No at $0.52 (fee: $0.01). Total cost: $0.42 + $0.02 + $0.52 + $0.01 = $0.97. Guaranteed payout: $1.00. Arb profit: $0.03/contract (3%).

Kalshi Fee Summary

Fee model: 7% × p × (1−p) per contract (taker)

Formula: ceil(0.07 × P × (1-P) × 100) / 100

Timing: Charged at time of trade

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