What is the fee on Kalshi for this market?

At the current typical price of 7¢, about 0¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $3.25.

What win rate do I need to break even?

About 7% if you hold to settlement, against a market price of 7%. The gap is the fee.

Markets › Kalshi › Entertainment

Grammy nominees for Song of the Year on Kalshi

If Risk It All has been nominated for Song of the Year at the 69th Grammy Awards, then the market resolves to Yes.

Settles on: Recording Academy.

Market says (typical open contract)

Median YES price across 31 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

14% 😈

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
7¢ (now)	0.5¢	$3.25	7.5%
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
2026 Grammy nominees for Song of the Year? · The Fate of Ophelia	2¢	2%	0.1¢	—	3%	35,636	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · I Knew It, I Knew You	86¢	86%	0.9¢	—	29%	13,266	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · hate that i made you love me	70¢	70%	1.5¢	—	60%	7,897	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · I Just Might	2¢	2%	0.2¢	—	5%	7,231	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · WHERE IS MY HUSBAND!	86¢	86%	0.8¢	—	28%	6,060	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · drop dead	2¢	2%	0.1¢	—	3%	5,234	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Choosin' Texas	85¢	85%	0.9¢	—	30%	4,773	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · the cure	86¢	86%	0.9¢	—	29%	4,668	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Aperture	24¢	24%	1.3¢	—	49%	2,718	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Man I Need	90¢	90%	0.6¢	—	19%	2,636	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · So Easy (To Fall In Love)	2¢	2%	0.1¢	—	3%	1,749	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Berghain	50¢	50%	1.7¢	—	99%	1,688	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · The Great Divide	41¢	41%	1.7¢	—	82%	696	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Risk It All	82¢	82%	1.0¢	—	35%	647	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Die On This Hill	60¢	60%	1.7¢	—	80%	377	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Dracula (with JENNIE)	38¢	38%	1.6¢	—	75%	283	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · E85	8¢	8%	0.5¢	—	17%	218	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Lost Boys	16¢	16%	0.9¢	—	32%	76	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Hit the Wall	6¢	6%	0.4¢	—	13%	29	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Dai Dai	6¢	6%	0.4¢	—	13%	6	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Everything Hallelujah	6¢	6%	0.4¢	—	12%	0	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · White Feather Hawk Tail Deer Hunter	6¢	6%	0.4¢	—	12%	0	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · RUNWAY	6¢	6%	0.4¢	—	13%	0	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · girl, get up.	6¢	6%	0.4¢	—	11%	0	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Zoo	6¢	6%	0.4¢	—	12%	0	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Chanel	6¢	6%	0.4¢	—	13%	0	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Bring Your Love	48¢	48%	1.7¢	—	95%	0	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Babydoll	4¢	4%	0.2¢	—	7%	0	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Oh Yeah?	6¢	6%	0.4¢	—	12%	0	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Boston	6¢	6%	0.4¢	—	13%	0	Nov 01, 15:00 UTC
2026 Grammy nominees for Song of the Year? · Iloveitiloveitiloveit	7¢	7%	0.5¢	—	14%	0	Nov 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.

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