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 American League Cy Young on Kalshi

If Parker Messick wins the Pro Baseball American 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 42 open contracts, 10 Nov 2026 04:28 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 Cam Schlittler win AL Cy Young? · Cam Schlittler	100¢	100%	0.0¢	—	1%	578,509	Dec 08, 15:00 UTC
Will Sonny Gray win AL Cy Young? · Sonny Gray	0¢	0%	0.0¢	—	1%	277,473	Dec 08, 15:00 UTC
Will Dylan Cease win AL Cy Young? · Dylan Cease	0¢	0%	0.0¢	—	1%	236,446	Dec 08, 15:00 UTC
Will Tarik Skubal win AL Cy Young? · Tarik Skubal	0¢	0%	0.0¢	—	1%	184,794	Dec 08, 15:00 UTC
Will Parker Messick win AL Cy Young · Parker Messick	0¢	0%	0.0¢	—	1%	164,644	Dec 08, 15:00 UTC
Will Gavin Williams win AL Cy Young? · Gavin Williams	0¢	0%	0.0¢	—	1%	159,566	Dec 08, 15:00 UTC
Will Drew Rasmussen win AL Cy Young? · Drew Rasmussen	0¢	0%	0.0¢	—	1%	146,653	Dec 08, 15:00 UTC
Will Jacob Degrom win AL Cy Young? · Jacob Degrom	0¢	0%	0.0¢	—	1%	133,224	Dec 08, 15:00 UTC
Will Jose Soriano win AL Cy Young? · Jose Soriano	0¢	0%	0.0¢	—	1%	132,846	Dec 08, 15:00 UTC
Will Bryan Woo win AL Cy Young? · Bryan Woo	0¢	0%	0.0¢	—	1%	116,305	Dec 08, 15:00 UTC
Will Logan Gilbert win AL Cy Young? · Logan Gilbert	0¢	0%	0.0¢	—	1%	91,737	Dec 08, 15:00 UTC
Will Joe Ryan win AL Cy Young? · Joe Ryan	0¢	0%	0.0¢	—	1%	91,696	Dec 08, 15:00 UTC
Will Ranger Suarez win AL Cy Young? · Ranger Suarez	0¢	0%	0.0¢	—	1%	75,535	Dec 08, 15:00 UTC
Will Gerrit Cole win AL Cy Young? · Gerrit Cole	0¢	0%	0.0¢	—	1%	69,893	Dec 08, 15:00 UTC
Will Bryce Miller win AL Cy Young? · Bryce Miller	0¢	0%	0.0¢	—	1%	65,219	Dec 08, 15:00 UTC
Will Max Fried win AL Cy Young? · Max Fried	0¢	0%	0.0¢	—	1%	55,395	Dec 08, 15:00 UTC
Will Trey Yesavage win AL Cy Young? · Trey Yesavage	0¢	0%	0.0¢	—	1%	53,928	Dec 08, 15:00 UTC
Will Trevor Rogers win AL Cy Young? · Trevor Rogers	0¢	0%	0.0¢	—	1%	47,989	Dec 08, 15:00 UTC
Will Garrett Crochet win AL Cy Young? · Garrett Crochet	0¢	0%	0.0¢	—	1%	44,536	Dec 08, 15:00 UTC
Will Shane McClanahan win AL Cy Young? · Shane McClanahan	0¢	0%	0.0¢	—	1%	43,033	Dec 08, 15:00 UTC
Will Hunter Brown win AL Cy Young? · Hunter Brown	0¢	0%	0.0¢	—	1%	40,681	Dec 08, 15:00 UTC
Will Nathan Eovaldi win AL Cy Young? · Nathan Eovaldi	0¢	0%	0.0¢	—	1%	32,764	Dec 08, 15:00 UTC
Will George Kirby win AL Cy Young? · George Kirby	0¢	0%	0.0¢	—	1%	29,402	Dec 08, 15:00 UTC
Will Kevin Gausman win AL Cy Young? · Kevin Gausman	0¢	0%	0.0¢	—	1%	27,790	Dec 08, 15:00 UTC
Will Cole Ragans win AL Cy Young? · Cole Ragans	0¢	0%	0.0¢	—	1%	17,034	Dec 08, 15:00 UTC
Will Kyle Bradish win AL Cy Young? · Kyle Bradish	0¢	0%	0.0¢	—	1%	11,985	Dec 08, 15:00 UTC
Will MacKenzie Gore win AL Cy Young? · MacKenzie Gore	0¢	0%	0.0¢	—	1%	10,723	Dec 08, 15:00 UTC
Will Kris Bubic win AL Cy Young? · Kris Bubic	0¢	0%	0.0¢	—	1%	8,049	Dec 08, 15:00 UTC
Will Michael Wacha win AL Cy Young? · Michael Wacha	0¢	0%	0.0¢	—	1%	7,729	Dec 08, 15:00 UTC
Will Jack Flaherty win AL Cy Young? · Jack Flaherty	0¢	0%	0.0¢	—	1%	3,219	Dec 08, 15:00 UTC
Will Casey Mize win AL Cy Young? · Casey Mize	0¢	0%	0.0¢	—	1%	2,386	Dec 08, 15:00 UTC
Will Luis Castillo win AL Cy Young? · Luis Castillo	0¢	0%	0.0¢	—	1%	2,010	Dec 08, 15:00 UTC
Will Tie/Co-Winners win AL Cy Young? · Tie/Co-Winners	0¢	0%	0.0¢	—	1%	1,514	Dec 08, 15:00 UTC
Will Grayson Rodriguez win AL Cy Young? · Grayson Rodriguez	0¢	0%	0.0¢	—	1%	1,466	Dec 08, 15:00 UTC
Will Aroldis Chapman win AL Cy Young? · Aroldis Chapman	0¢	0%	0.0¢	—	1%	1,323	Dec 08, 15:00 UTC
Will Carlos Rodon win AL Cy Young? · Carlos Rodon	0¢	0%	0.0¢	—	1%	390	Dec 08, 15:00 UTC
Will Brayan Bello win AL Cy Young? · Brayan Bello	0¢	0%	0.0¢	—	1%	194	Dec 08, 15:00 UTC
Will Tanner Bibee win AL Cy Young? · Tanner Bibee	0¢	0%	0.0¢	—	1%	91	Dec 08, 15:00 UTC
Will Yusei Kikuchi win AL Cy Young? · Yusei Kikuchi	0¢	0%	0.0¢	—	1%	24	Dec 08, 15:00 UTC
Will Shane Bieber win AL Cy Young? · Shane Bieber	0¢	0%	0.0¢	—	1%	1	Dec 08, 15:00 UTC

Showing the 40 most traded of 42 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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