DEFINITION · Updated June 2026

Taker fee

The fee Kalshi charges when you cross the spread to trade immediately against a resting order. It scales with the number of contracts and is largest for prices near 50 cents.

Because the taker fee peaks at 50 cents and is charged every time you trade, it punishes high-frequency trading in coin-flip markets hardest. Resting a limit order instead of taking, when you can get filled, avoids the fee entirely and is one of the few reliable edges available to a retail trader.

GO DEEPER
Fee calculator
FIELD GUIDE
Sports markets: how this plays out in practice →
More terms
Event contractDesignated Contract Market (DCM)Section 1256 contract60/40 ruleWash sale ruleMark-to-marketForm 6781Form W-2GFull glossary →