What is the fee on Kalshi for this market?

At the current typical price of 22¢, about 1¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $2.73.

What win rate do I need to break even?

About 23% if you hold to settlement, against a market price of 22%. The gap is the fee.

Markets › Kalshi › Entertainment

WHO WILL BE ON THE ROLLINGSTONE COVER THIS YEAR on Kalshi

If it is announced that Timothée Chalamet is on the cover of Rolling Stone, then the market resolves to Yes.

Settles on: The Washington Post, Game Informer, Stereogum, official website of media, Kotaku, NME, GameSpot, Polygon, Fox News, media and its parent company or publisher, verified social media accounts of the cover subject(s) or creator(s), MSNBC, The Wall Street Journal, Rolling Stone, The Hollywood Reporter, Semafor, The Information, Publishers Weekly, Entertainment Weekly, official social media accounts of media, NBC, Spin, Pitchfork, Reuters, Axios, the New York Times, IGN, ABC News, Variety, CNN, Bloomberg News, Billboard, the Associated Press, Media Week, Politico, CBS.

Market says (typical open contract)

22%

Median YES price across 6 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

44% 😈

Half luck. The favorite is clear, the fee is not small, and the payout on the favorite is thin.

The cover charge

Fee and break-even by purchase price
If you buy at	Fee per contract	On $50	Win rate to break even
22¢ (now)	1.2¢	$2.73	23.2%
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 Bad Bunny be on the cover of Rolling Stone in 2026? · Bad Bunny	22¢	22%	1.2¢	—	44%	5,569	Jan 01, 15:00 UTC
Will Taylor Swift be on the cover of Rolling Stone in 2026? · Taylor Swift	66¢	66%	1.6¢	—	67%	3,281	Jan 01, 15:00 UTC
Will Timothée Chalamet be on the cover of Rolling Stone in 2026? · Timothée Chalamet	5¢	5%	0.3¢	—	9%	1,990	Jan 01, 15:00 UTC
Will Lady Gaga be on the cover of Rolling Stone in 2026? · Lady Gaga	52¢	52%	1.7¢	—	97%	1,801	Jan 01, 15:00 UTC
Will Leonardo DiCaprio be on the cover of Rolling Stone in 2026? · Leonardo DiCaprio	6¢	6%	0.4¢	—	12%	865	Jan 01, 15:00 UTC
Will Ariana Grande be on the cover of Rolling Stone in 2026? · Ariana Grande	12¢	12%	0.7¢	—	23%	455	Jan 01, 15:00 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.