What is the fee on Kalshi for this market?

At the current typical price of 0¢, about 0¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $3.48.

What win rate do I need to break even?

About 1% if you hold to settlement, against a market price of 0%. The gap is the fee.

Markets › Kalshi › Sports

Pro Baseball National League Cy Young on Kalshi

If Kyle Harrison wins the Pro Baseball National League Cy Young in the 2026 season, then the market resolves to Yes.

Settles on: the Governing League.

Market says (typical open contract)

Median YES price across 46 open contracts, 10 Nov 2026 17:55 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

1% 😈

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 Jacob Misiorowski win NL Cy Young? · Jacob Misiorowski	100¢	100%	0.0¢	—	1%	569,225	Dec 08, 15:00 UTC
Will Shohei Ohtani win NL Cy Young? · Shohei Ohtani	0¢	0%	0.0¢	—	1%	499,963	Dec 08, 15:00 UTC
Will Mason Miller win NL Cy Young? · Mason Miller	0¢	0%	0.0¢	—	1%	422,838	Dec 08, 15:00 UTC
Will Cristopher Sanchez win NL Cy Young? · Cristopher Sanchez	0¢	0%	0.0¢	—	1%	350,909	Dec 08, 15:00 UTC
Will Zack Wheeler win NL Cy Young? · Zack Wheeler	0¢	0%	0.0¢	—	1%	246,812	Dec 08, 15:00 UTC
Will Paul Skenes win NL Cy Young? · Paul Skenes	0¢	0%	0.0¢	—	1%	225,016	Dec 08, 15:00 UTC
Will Yoshinobu Yamamoto win NL Cy Young? · Yoshinobu Yamamoto	0¢	0%	0.0¢	—	1%	205,711	Dec 08, 15:00 UTC
Will Chris Sale win NL Cy Young? · Chris Sale	0¢	0%	0.0¢	—	1%	195,738	Dec 08, 15:00 UTC
Will Chase Burns win NL Cy Young? · Chase Burns	0¢	0%	0.0¢	—	1%	154,113	Dec 08, 15:00 UTC
Will Jesus Luzardo win NL Cy Young? · Jesus Luzardo	0¢	0%	0.0¢	—	1%	88,428	Dec 08, 15:00 UTC
Will Nolan McLean win NL Cy Young? · Nolan McLean	0¢	0%	0.0¢	—	1%	67,608	Dec 08, 15:00 UTC
Will Sandy Alcantara win NL Cy Young? · Sandy Alcantara	0¢	0%	0.0¢	—	1%	50,426	Dec 08, 15:00 UTC
Will Tyler Glasnow win NL Cy Young? · Tyler Glasnow	0¢	0%	0.0¢	—	1%	50,218	Dec 08, 15:00 UTC
Will Kyle Harrison win NL Cy Young? · Kyle Harrison	0¢	0%	0.0¢	—	1%	49,909	Dec 08, 15:00 UTC
Will Logan Webb win NL Cy Young? · Logan Webb	0¢	0%	0.0¢	—	1%	41,937	Dec 08, 15:00 UTC
Will Bryce Elder win NL Cy Young? · Bryce Elder	0¢	0%	0.0¢	—	1%	38,547	Dec 08, 15:00 UTC
Will Shota Imanaga win NL Cy Young? · Shota Imanaga	0¢	0%	0.0¢	—	1%	35,414	Dec 08, 15:00 UTC
Will Cade Horton win NL Cy Young? · Cade Horton	0¢	0%	0.0¢	—	1%	25,462	Dec 08, 15:00 UTC
Will Edward Cabrera win NL Cy Young? · Edward Cabrera	0¢	0%	0.0¢	—	1%	16,809	Dec 08, 15:00 UTC
Will Kodai Senga win NL Cy Young? · Kodai Senga	0¢	0%	0.0¢	—	1%	11,394	Dec 08, 15:00 UTC
Will Freddy Peralta win NL Cy Young? · Freddy Peralta	0¢	0%	0.0¢	—	1%	10,403	Dec 08, 15:00 UTC
Will Spencer Strider win NL Cy Young? · Spencer Strider	0¢	0%	0.0¢	—	1%	10,346	Dec 08, 15:00 UTC
Will Eury Perez win NL Cy Young? · Eury Perez	0¢	0%	0.0¢	—	1%	7,796	Dec 08, 15:00 UTC
Will Roki Sasaki win NL Cy Young? · Roki Sasaki	0¢	0%	0.0¢	—	1%	7,560	Dec 08, 15:00 UTC
Will Hunter Greene win NL Cy Young? · Hunter Greene	0¢	0%	0.0¢	—	1%	6,426	Dec 08, 15:00 UTC
Will Bubba Chandler win NL Cy Young? · Bubba Chandler	0¢	0%	0.0¢	—	1%	5,839	Dec 08, 15:00 UTC
Will Andrew Abbott win NL Cy Young? · Andrew Abbott	0¢	0%	0.0¢	—	1%	5,060	Dec 08, 15:00 UTC
Will Robbie Ray win NL Cy Young? · Robbie Ray	0¢	0%	0.0¢	—	1%	4,028	Dec 08, 15:00 UTC
Will Tie/Co-Winners win NL Cy Young? · Tie/Co-Winners	0¢	0%	0.0¢	—	1%	2,855	Dec 08, 15:00 UTC
Will Brandon Woodruff win NL Cy Young? · Brandon Woodruff	0¢	0%	0.0¢	—	1%	2,841	Dec 08, 15:00 UTC
Will Nick Lodolo win NL Cy Young? · Nick Lodolo	0¢	0%	0.0¢	—	1%	2,458	Dec 08, 15:00 UTC
Will Matthew Boyd win NL Cy Young? · Matthew Boyd	0¢	0%	0.0¢	—	1%	1,936	Dec 08, 15:00 UTC
Will Mitch Keller win NL Cy Young? · Mitch Keller	0¢	0%	0.0¢	—	1%	1,334	Dec 08, 15:00 UTC
Will Blake Snell win NL Cy Young? · Blake Snell	0¢	0%	0.0¢	—	1%	1,035	Dec 08, 15:00 UTC
Will Aaron Nola win NL Cy Young? · Aaron Nola	0¢	0%	0.0¢	—	1%	707	Dec 08, 15:00 UTC
Will Hurston Waldrep win NL Cy Young? · Hurston Waldrep	0¢	0%	0.0¢	—	1%	492	Dec 08, 15:00 UTC
Will Nick Pivetta win NL Cy Young? · Nick Pivetta	0¢	0%	0.0¢	—	1%	172	Dec 08, 15:00 UTC
Will Jhoan Duran win NL Cy Young? · Jhoan Duran	0¢	0%	0.0¢	—	1%	167	Dec 08, 15:00 UTC
Will Spencer Schwellenbach win NL Cy Young? · Spencer Schwellenbach	0¢	0%	0.0¢	—	1%	166	Dec 08, 15:00 UTC
Will Quinn Priester win NL Cy Young? · Quinn Priester	0¢	0%	0.0¢	—	1%	103	Dec 08, 15:00 UTC

Showing the 40 most traded of 46 open contracts.

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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