What is the fee on Kalshi for this market?

At the current typical price of 50¢, about 2¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $1.75.

What win rate do I need to break even?

About 52% if you hold to settlement, against a market price of 50%. The gap is the fee.

Markets › Kalshi › Politics

Stephen Miller out as White House Chief of Staff? on Kalshi

If Stephen Miller leaves (or announces he will leave) as White House Chief of Staff before Jan 1, 2027, then the market resolves to Yes.

Settles on: Deutsche Welle, ABC, Fox News, The Wall Street Journal, Bloomberg News, Stephen Miller, CNBC, Financial Times, CBS, NBC, BBC, The Washington Post, Reuters, CNN, ABC News Australia, the White House, MSNBC, the Associated Press, Politico, the New York Times.

Market says (typical open contract)

50%

Median YES price across 5 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

100% 😈

Mostly luck. The market itself expects the favorite to lose this often; the fee is the only certainty.

The cover charge

Fee and break-even by purchase price
If you buy at	Fee per contract	On $50	Win rate to break even
30¢	1.5¢	$2.45	31.5%
50¢ (now)	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 Stephen Miller announce their departure as White House Chief of Staff before Jul 1, 2027? · Before Jul 1, 2027	50¢	50%	1.8¢	—	100%	653	Jul 01, 03:59 UTC
Will Stephen Miller announce their departure as White House Chief of Staff before Jan 1, 2028? · Before Jan 1, 2028	57¢	57%	1.7¢	—	85%	289	Jan 01, 04:59 UTC
Will Stephen Miller announce their departure as White House Chief of Staff before Jan 1, 2027? · Before Jan 1, 2027	8¢	8%	0.5¢	—	17%	240	Jan 01, 04:59 UTC
Will Stephen Miller announce their departure as White House Chief of Staff before Jan 1, 2029? · Before Jan 1, 2029	68¢	68%	1.5¢	—	65%	239	Jan 01, 04:59 UTC
Will Stephen Miller announce their departure as White House Chief of Staff before Apr 1, 2027? · Before Apr 1, 2027	32¢	32%	1.5¢	—	64%	220	Apr 01, 03:59 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.