Free Kalshi tools

Quick calculators for prediction-market traders. Work out your fees, odds, payout, edge, and position size in seconds. No signup, nothing leaves your browser.

Want the full picture across your whole history? See the guides, or try ContractTax.

What are you trying to work out?
I want to know what a trade will actually pay me, after feesI want to know if this price is even worth takingI want to know what my parlay really paysI want to know how much to betI want to know if my winning streak is skill or luckI want to know whether to sell now or hold to settlementI want to know what I owe in taxI want to know if I am going to blow up my bankroll
None of those? Everything below is grouped by the job it does. And if the question is really “am I any good at this?”, no calculator can answer it: that needs your actual history, which is what the free Trade Report is for.
Flagship · free
Kalshi Trade Report →
Drop in your Your Activity CSV and get realized P&L, win rate, your Sharp Score, edge by category, an equity curve, and a Section 1256 tax estimate. Runs in your browser, nothing uploaded.
🎯Combos: the Kalshi parlay evaluatorNEW
Grade any Kalshi combo, see the odds of hitting each leg, and lock in a guaranteed profit with a hedge instead of cashing out at a discount.
Open Combos →
Find & act, live
Kalshi Radar
What's moving right now and why, scanned automatically.
Screener
Your own rules against the whole board, with alert-on-match.
Trade Checker
Fee-adjusted EV and sizing before you click buy.
Watchlist + alerts
Threshold emails that fire even while you sleep.
Sweat Board
Open positions live, with tonight's odds simulated 5,000 times.
Settlement Calendar
What closes each day, with econ data-day flags.
The research machines
Truth Machine
What each price level has actually meant, measured.
Momentum Machine
Chase or fade, answered from recorded price paths.
Strategy Lab
Backtest a rule against real settled outcomes.
Kalshi Crypto
The 15-minute up/down ladders, live with countdowns and odds, plus the full settle history.
Netflix Top 10 Tracker
The official settlement data beside the markets it decides.
Your money
Bankroll Guardian
Your monthly number, tracked and guarded automatically.
File your taxes
The step-by-step from CSV to filed forms.
Learn & practice
Market Field Guides
Edges and red flags for all ten market families.
Trading simulator
Paper-trade real scenarios, build a streak, risk nothing.
Parlays & combos
Evaluate a slip, see the odds ladder, and learn to hedge a live ticket.
The calculators · 21 free, no signup
Edge & variance
Find out whether your results are skill or luck.
Is your edge real, or just variance?
Enter your record: find out if your win rate is skill or luck.
How many trades until you know you're good?
The sample size it takes to prove a Kalshi edge is real.
What does a real edge actually look like?
Simulate a season of trading and watch how wildly a real edge still swings.
Kalshi trade analyzer
Price plus your probability: edge, EV after fees, and Kelly size.
Breakeven win rate calculator
Find the win rate a contract price requires.
Pricing & odds
Read prices as probabilities and price a trade before you take it.
Kalshi odds converter
Convert a Kalshi price to probability and betting odds.
No-vig fair odds calculator
Strip the vig from a sportsbook line and compare it to Kalshi.
Expected value (EV) calculator
Find your edge: compare your probability to the price.
Kalshi payout calculator
See your cost, payout, profit, and ROI on a trade.
Kalshi fee calculator
Estimate the trading fee on any Kalshi order.
Sell now vs hold to settlement
Should you take profit now or let a Kalshi contract ride to settlement?
Kalshi parlay calculator
See the combined odds and payout of stacking multiple Kalshi contracts.
Arbitrage calculator
Check if two prices lock in a guaranteed profit.
Sizing & bankroll
Size your bets to survive variance and grow steadily.
Position size calculator
Size a trade by bankroll percent or the Kelly criterion.
Bankroll growth simulator
Project how a steady edge compounds over time.
Risk of ruin calculator
The odds your bankroll hits zero before your horizon.
Taxes
Turn Kalshi activity into the numbers you'll file.
Kalshi tax calculator
Estimate federal tax on your Kalshi profit.
Kalshi tax treatment calculator
Compare Section 1256, ordinary, and gambling tax on the same trades.
Prediction market state tax calculator
Estimate federal plus state tax on your Kalshi profit.
Quarterly estimated tax calculator
Estimate what to send the IRS each quarter on your prediction-market gains.
Section 1256 loss carryback calculator
A losing year in 1256 contracts can be carried back 3 years for a refund. See how much.
Put them together
Is your edge real, or just variance? →
The complete toolkit for telling whether you’re actually good, from a quick significance check to the full Edge Lab.

Common questions

Are these Kalshi calculators free?
Yes, every calculator here is free with no signup. They run entirely in your browser, so nothing you enter is uploaded or stored.
Which calculator should I use to size my bets?
Start with the position size calculator to get a Kelly-based stake from your edge, then use the risk of ruin calculator to check that stake survives your variance. The bankroll growth simulator projects where consistent sizing gets you over time.
How do I know if my trading edge is real?
Use the edge significance calculator: enter your trades, wins, and average price to get a statistical verdict on whether your win rate is skill or variance. The trades-to-prove-edge calculator shows how large a sample you need, and the variance simulator shows how much a real edge still swings.
Can these replace analyzing my full trade history?
No. The calculators are quick, single-scenario tools. To analyze your whole record, by price band, category, and behavior, upload your Kalshi CSV to the Trade Report and Edge Lab, which is also free.