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

NBA MVP on Kalshi

If Kawhi Leonard wins the Pro Basketball MVP in the 2026-27 season, then the market resolves to Yes.

Settles on: ESPN, the Governing League.

Market says (typical open contract)

Median YES price across 54 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

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%

Makers also pay a smaller 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 Tyrese Maxey win MVP? · Tyrese Maxey	2¢	2%	0.1¢	—	3%	608,702	Jun 30, 14:00 UTC
Will Luka Doncic win MVP? · Luka Doncic	37¢	37%	1.6¢	—	74%	589,923	Jun 30, 14:00 UTC
Will Cooper Flagg win MVP? · Cooper Flagg	2¢	2%	0.1¢	—	4%	565,809	Jun 30, 14:00 UTC
Will Anthony Edwards win MVP? · Anthony Edwards	0¢	0%	0.0¢	—	1%	528,737	Jun 30, 14:00 UTC
Will Stephen Curry win MVP? · Stephen Curry	2¢	2%	0.1¢	—	3%	501,703	Jun 30, 14:00 UTC
Will Victor Wembanyama win MVP? · Victor Wembanyama	34¢	34%	1.6¢	—	69%	491,245	Jun 30, 14:00 UTC
Will Giannis Antetokounmpo win MVP? · Giannis Antetokounmpo	2¢	2%	0.1¢	—	3%	474,918	Jun 30, 14:00 UTC
Will Jayson Tatum win MVP? · Jayson Tatum	4¢	4%	0.3¢	—	9%	435,186	Jun 30, 14:00 UTC
Will LeBron James win MVP? · LeBron James	0¢	0%	0.0¢	—	1%	418,899	Jun 30, 14:00 UTC
Will Shai Gilgeous-Alexander win MVP? · Shai Gilgeous-Alexander	11¢	11%	0.7¢	—	21%	358,640	Jun 30, 14:00 UTC
Will Nikola Jokić win MVP? · Nikola Jokić	4¢	4%	0.3¢	—	9%	291,720	Jun 30, 14:00 UTC
Will Jalen Brunson win MVP? · Jalen Brunson	0¢	0%	0.0¢	—	1%	288,731	Jun 30, 14:00 UTC
Will Cade Cunningham win MVP? · Cade Cunningham	2¢	2%	0.1¢	—	3%	214,722	Jun 30, 14:00 UTC
Will Tyrese Haliburton win MVP? · Tyrese Haliburton	0¢	0%	0.0¢	—	1%	205,013	Jun 30, 14:00 UTC
Will Alperen Sengun win MVP? · Alperen Sengun	0¢	0%	0.0¢	—	1%	197,727	Jun 30, 14:00 UTC
Will Jaylen Brown win MVP? · Jaylen Brown	0¢	0%	0.0¢	—	1%	180,949	Jun 30, 14:00 UTC
Will Deni Avdija win MVP? · Deni Avdija	0¢	0%	0.0¢	—	1%	157,707	Jun 30, 14:00 UTC
Will LaMelo Ball win MVP? · LaMelo Ball	0¢	0%	0.0¢	—	1%	139,987	Jun 30, 14:00 UTC
Will Joel Embiid win MVP? · Joel Embiid	0¢	0%	0.0¢	—	1%	117,603	Jun 30, 14:00 UTC
Will Jalen Johnson win MVP? · Jalen Johnson	0¢	0%	0.0¢	—	1%	73,394	Jun 30, 14:00 UTC
Will Dylan Harper win MVP? · Dylan Harper	0¢	0%	0.0¢	—	1%	54,369	Jun 30, 14:00 UTC
Will Paolo Banchero win MVP? · Paolo Banchero	0¢	0%	0.0¢	—	1%	36,945	Jun 30, 14:00 UTC
Will Donovan Mitchell win MVP? · Donovan Mitchell	0¢	0%	0.0¢	—	1%	27,653	Jun 30, 14:00 UTC
Will Anthony Davis win MVP? · Anthony Davis	0¢	0%	0.0¢	—	1%	27,377	Jun 30, 14:00 UTC
Will Scottie Barnes win MVP? · Scottie Barnes	0¢	0%	0.0¢	—	1%	26,795	Jun 30, 14:00 UTC
Will Devin Booker win MVP? · Devin Booker	0¢	0%	0.0¢	—	1%	19,581	Jun 30, 14:00 UTC
Will Zion Williamson win MVP? · Zion Williamson	0¢	0%	0.0¢	—	1%	15,706	Jun 30, 14:00 UTC
Will Trae Young win MVP? · Trae Young	0¢	0%	0.0¢	—	1%	13,684	Jun 30, 14:00 UTC
Will Kevin Durant win MVP? · Kevin Durant	0¢	0%	0.0¢	—	1%	12,107	Jun 30, 14:00 UTC
Will Tie/Co-Winners win MVP? · Tie/Co-Winners	0¢	0%	0.0¢	—	1%	9,812	Jun 30, 14:00 UTC
Will Karl-Anthony Towns win MVP? · Karl-Anthony Towns	0¢	0%	0.0¢	—	1%	8,208	Jun 30, 14:00 UTC
Will Jalen Green win MVP? · Jalen Green	0¢	0%	0.0¢	—	1%	4,912	Jun 30, 14:00 UTC
Will Amen Thompson win MVP? · Amen Thompson	0¢	0%	0.0¢	—	1%	3,200	Jun 30, 14:00 UTC
Will OG Anunoby win MVP? · OG Anunoby	0¢	0%	0.0¢	—	1%	2,854	Jun 30, 14:00 UTC
Will Paul George win MVP? · Paul George	0¢	0%	0.0¢	—	1%	2,667	Jun 30, 14:00 UTC
Will VJ Edgecombe win MVP? · VJ Edgecombe	0¢	0%	0.0¢	—	1%	1,665	Jun 30, 14:00 UTC
Will Jalen Williams win MVP? · Jalen Williams	0¢	0%	0.0¢	—	1%	1,662	Jun 30, 14:00 UTC
Will Derrick White win MVP? · Derrick White	0¢	0%	0.0¢	—	1%	1,133	Jun 30, 14:00 UTC
Will Kon Knueppel win MVP? · Kon Knueppel	0¢	0%	0.0¢	—	1%	880	Jun 30, 14:00 UTC
Will Chet Holmgren win MVP? · Chet Holmgren	0¢	0%	0.0¢	—	1%	808	Jun 30, 14:00 UTC

Showing the 40 most traded of 54 open contracts.

Who actually wins this market

Whoever posts the resting orders and collects the spread.
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.