KALSHI TRADING CHEAT SHEET

Your Strategy for Consistent 10% Wins

Core Concepts: The Spread

The price you see is determined by the **Bid** (your sell price) and the **Ask** (the buy price). The gap between them is the **Spread**.

4¢ BID
29¢ ASK

WIDE SPREAD (Pre-Game): High risk, low liquidity. Hard to sell.

TIGHT SPREAD (Live Game): Lower risk, high liquidity. Easy to sell.

Fee Structure

  • NO FEE to buy contracts.
  • NO FEE if you sell for a loss.
  • A small fee is charged ONLY on your PROFIT when you sell.

The 10% Profit Calculator

Calculate your exact exit price to lock in a 10% net profit after fees.

Target Sell Price (After 3.5% Fee)

15.5¢

The Formula:

Sell Price = Buy Price + ( (Buy Price * 0.10) / 0.965 )

Your Rules for Success

1. Buy Low

Find good entry points when the market is undervaluing an outcome.

2. Stick to the Plan

Use the calculator. Sell when you hit your target profit %.

3. Lock It In

A small, guaranteed win is better than a potential big loss. Don't get greedy.

4. Know the Phase

Pre-game is for planning. The live game is for trading when liquidity is high.