What is the fee on Kalshi for this market?

At the current typical price of 2¢, about 0¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $3.45.

What win rate do I need to break even?

About 2% if you hold to settlement, against a market price of 2%. The gap is the fee.

Markets › Kalshi › Sports

Copa del Rey Winner on Kalshi

If Villarreal is the 2026-27 Copa del Rey Champion, then the market resolves to Yes.

Settles on: ESPN, Fox Sports.

Market says (typical open contract)

Median YES price across 23 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

3% 😈

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
Will Barcelona win the 2026-27 Copa del Rey? · Barcelona	40¢	40%	1.7¢	—	79%	11,621	May 08, 19:00 UTC
Will Real Madrid win the 2026-27 Copa del Rey? · Real Madrid	22¢	22%	1.2¢	—	44%	5,012	May 08, 19:00 UTC
Will Atletico Madrid win the 2026-27 Copa del Rey? · Atletico Madrid	16¢	16%	1.0¢	—	33%	3,353	May 08, 19:00 UTC
Will Betis win the 2026-27 Copa del Rey? · Betis	3¢	3%	0.2¢	—	6%	1,603	May 08, 19:00 UTC
Will Sevilla win the 2026-27 Copa del Rey? · Sevilla	2¢	2%	0.1¢	—	3%	1,530	May 08, 19:00 UTC
Will Athletic Bilbao win the 2026-27 Copa del Rey? · Athletic Bilbao	2¢	2%	0.1¢	—	3%	1,451	May 08, 19:00 UTC
Will Espanyol win the 2026-27 Copa del Rey? · Espanyol	2¢	2%	0.1¢	—	3%	1,174	May 08, 19:00 UTC
Will Alaves win the 2026-27 Copa del Rey? · Alaves	2¢	2%	0.1¢	—	3%	1,147	May 08, 19:00 UTC
Will Racing Santander win the 2026-27 Copa del Rey? · Racing Santander	2¢	2%	0.1¢	—	3%	1,075	May 08, 19:00 UTC
Will Oviedo win the 2026-27 Copa del Rey? · Oviedo	2¢	2%	0.1¢	—	3%	1,075	May 08, 19:00 UTC
Will Osasuna win the 2026-27 Copa del Rey? · Osasuna	2¢	2%	0.1¢	—	3%	1,075	May 08, 19:00 UTC
Will Malaga win the 2026-27 Copa del Rey? · Malaga	2¢	2%	0.1¢	—	3%	1,075	May 08, 19:00 UTC
Will Mallorca win the 2026-27 Copa del Rey? · Mallorca	2¢	2%	0.1¢	—	3%	1,075	May 08, 19:00 UTC
Will Girona win the 2026-27 Copa del Rey? · Girona	2¢	2%	0.1¢	—	3%	1,075	May 08, 19:00 UTC
Will Elche win the 2026-27 Copa del Rey? · Elche	2¢	2%	0.1¢	—	3%	1,075	May 08, 19:00 UTC
Will Deportivo De La Coruna win the 2026-27 Copa del Rey? · Deportivo De La Coruna	2¢	2%	0.1¢	—	3%	1,075	May 08, 19:00 UTC
Will Real Sociedad win the 2026-27 Copa del Rey? · Real Sociedad	2¢	2%	0.1¢	—	3%	1,050	May 08, 19:00 UTC
Will Villarreal win the 2026-27 Copa del Rey? · Villarreal	2¢	2%	0.1¢	—	3%	1,022	May 08, 19:00 UTC
Will Celta Vigo win the 2026-27 Copa del Rey? · Celta Vigo	2¢	2%	0.1¢	—	3%	975	May 08, 19:00 UTC
Will Valencia win the 2026-27 Copa del Rey? · Valencia	2¢	2%	0.1¢	—	3%	975	May 08, 19:00 UTC
Will Rayo Vallecano win the 2026-27 Copa del Rey? · Rayo Vallecano	2¢	2%	0.1¢	—	3%	975	May 08, 19:00 UTC
Will Levante win the 2026-27 Copa del Rey? · Levante	2¢	2%	0.1¢	—	3%	975	May 08, 19:00 UTC
Will Getafe win the 2026-27 Copa del Rey? · Getafe	2¢	2%	0.1¢	—	3%	975	May 08, 19:00 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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