What is the fee on Kalshi for this market?

At the current typical price of 6¢, about 0¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $3.29.

What win rate do I need to break even?

About 6% if you hold to settlement, against a market price of 6%. The gap is the fee.

Markets › Kalshi › Elections

South Korea presidential election on Kalshi

If Oh Se-hoon wins the next South Korean presidential election, then the market resolves to Yes.

Settles on: the official electoral commission, constitutional court, or equivalent electoral authority of the relevant jurisdiction.

Market says (typical open contract)

Median YES price across 12 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

12% 😈

Mostly decided, says the market. You are paying a fee to collect a few cents the market already agrees on.

The cover charge

Fee and break-even by purchase price
If you buy at	Fee per contract	On $50	Win rate to break even
6¢ (now)	0.4¢	$3.29	6.4%
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 Cho Kuk win the next South Korean presidential election? · Cho Kuk	4¢	4%	0.3¢	—	9%	1,876	Mar 27, 14:00 UTC
Will Kim Boo-kyum win the next South Korean presidential election? · Kim Boo-kyum	11¢	11%	0.7¢	—	22%	1,286	Mar 27, 14:00 UTC
Will Kang Hoon-sik win the next South Korean presidential election? · Kang Hoon-sik	6¢	6%	0.4¢	—	12%	1,284	Mar 27, 14:00 UTC
Will Kim Min-seok win the next South Korean presidential election? · Kim Min-seok	14¢	14%	0.9¢	—	29%	1,280	Mar 27, 14:00 UTC
Will Jang Dong-hyeok win the next South Korean presidential election? · Jang Dong-hyeok	7¢	7%	0.5¢	—	14%	1,178	Mar 27, 14:00 UTC
Will Lee Jin-sook win the next South Korean presidential election? · Lee Jin-sook	6¢	6%	0.4¢	—	11%	838	Mar 27, 14:00 UTC
Will Jung Chung-rae win the next South Korean presidential election? · Jung Chung-rae	4¢	4%	0.3¢	—	9%	740	Mar 27, 14:00 UTC
Will Choo Mi-ae win the next South Korean presidential election? · Choo Mi-ae	2¢	2%	0.2¢	—	5%	740	Mar 27, 14:00 UTC
Will Ahn Cheol-soo win the next South Korean presidential election? · Ahn Cheol-soo	3¢	3%	0.2¢	—	6%	740	Mar 27, 14:00 UTC
Will Lee Jun-seok win the next South Korean presidential election? · Lee Jun-seok	4¢	4%	0.3¢	—	8%	204	Mar 27, 14:00 UTC
Will Han Dong-hoon win the next South Korean presidential election? · Han Dong-hoon	8¢	8%	0.5¢	—	17%	200	Mar 27, 14:00 UTC
Will Oh Se-hoon win the next South Korean presidential election? · Oh Se-hoon	14¢	14%	0.8¢	—	27%	142	Mar 27, 14:00 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.

Still want to play? Read the deal first: what the account asks for, what the bonus really is, and whether we are paid. Vendors sell bots for markets like this one; see the bot benchmark before you pay for one.