Robinhood Event Contracts Break-Even Calculator

Calculate the minimum win rate on Robinhood event contracts after the flat per-contract fee.

Break-EvenRobinhood · State Licensed

Why This Matters

Robinhood's flat $0.02 per contract fee creates a simple break-even calculation. Unlike Kalshi's price-dependent formula, your fee is the same regardless of the contract price — which means Robinhood is most efficient at mid-range prices.

Calculator

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Step-by-Step: Break-Even on Robinhood

  1. 1

    Enter the Robinhood contract price.

  2. 2

    The calculator adds the $0.02 flat fee to your cost.

  3. 3

    Review the break-even win rate.

  4. 4

    Compare against Kalshi and Polymarket at the same price.

  5. 5

    For very cheap or expensive contracts, check if Kalshi offers better break-even.

Worked Example

Robinhood Yes at $0.50. Fee = $0.02. Effective cost = $0.52. Break-even = 52.0%. At this price, identical to Kalshi taker. But at $0.20: Robinhood break-even = 22.0%, Kalshi taker = 21.2% — Kalshi is cheaper at extremes.

Robinhood Fee Summary

Fee model: $0.01–$0.02 per contract

Formula: $0.01 Robinhood fee + up to $0.01 exchange fee per contract

Timing: Charged at time of trade

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