The math before the click.
Free tools we use on our own Kalshi trades: what's moving today, what a trade costs, and whether it's worth taking.
What it costs
Fees decide whether a small edge is an edge at all.
Is it worth it
Price, probability and how much to put on it.
Expected ValueYour probability against the market's price, after fees.Odds ConverterKalshi cents to American, decimal and implied probability.Kelly SizerStake size from your edge and bankroll: full, half and quarter Kelly.ArbitrageA sportsbook line against a Kalshi price: is there a locked profit after fees?
Getting paid to wait
Resting orders can earn more than the spread.