The 'cash' value is the number of unallocated funds that a trader has in their account at any given moment. These are the funds that are not yet invested in any particular positions or markets and are considered liquid assets. This liquidity affords traders the agility to respond quickly to market developments and opportunities without the delay of waiting for funds to clear from investments. Uninvested funds in the cash balance can be quickly allocated to trades or withdrawn as needed, thus offering a seamless and user-friendly trading experience.
If a trader is planning to withdraw their funds from Kalshi, it is important that they first ensure all funds are moved to the 'cash' tab within their account. This is an essential step because only funds categorized as 'cash' are eligible to be withdrawn from the platform. Without moving funds to this category, the withdrawal process cannot be successfully carried out.
When a trader makes a deposit into their Kalshi account, the funds they add are initially applied to their cash balance. This cash balance serves as a holding area where traders can monitor and manage their available funds. From this cash balance, traders have the flexibility to purchase positions in any of the open markets that Kalshi offers.
At Kalshi, we're committed to providing the best possible trading experience. That's why we're excited to introduce interest accrual on your cash and open positions. This means that you will also earn interest on the underlying collateral for your positions. In other words, even before a market is resolved, your positions can earn a return.
Take longer positions: Interest accrual allows you to hold your positions for a longer period without worrying about running out of funds.
Get paid while you hold: Watch your account balance grow as your positions accrue interest.
Maximize your returns: Combine the potential profits from your trades with the interest earned on your account balance!
The interest rate is set at 3.25% and will apply to all eligible accounts. This interest rate is variable and can change at any time.
Interest is normally paid within the first week of the following month but can take up to 10 business days to process. Kalshi passes on the interest they receive from their banking partners. Once these payments from the bank are received, Kalshi pays out interest to its users!
Interest is paid monthly, but accrual is calculated daily.
The daily accrual is based on the net value of the portfolio at the close of the exchange each day.
Available funds in the account.
Your portfolio value at the end of the day, based on last traded prices
Interest rate accrual program for cash and open positions is currently only available for eligible users in the United States and its territories.
Interest rates are subject to change at any time and are only paid to people with balances of $250 or more.
Your portfolio represents a detailed overview of your financial assets and is composed of a combination of the cash funds you have on hand in your account, as well as the current market value of any open trading positions you are actively engaged in or resting orders you have placed. The value of your portfolio can fluctuate due to changes within the markets you are trading in.
In your portfolio, you have access to important details about your trading activities that can help you track your trades efficiently. This includes specifics such as the number of contracts you have purchased, which allows you to effectively track your trading volume and analyze your market exposure at any given time. Additionally, you can view the average price at which these contracts were purchased. This provides vital insight into your cost basis and aids in assessing your overall financial strategy and management of investment costs.
Your portfolio provides you with the current value of your position, giving you a real-time assessment of how your trades are performing compared to their initial purchase price.
Finally, your portfolio includes the total payout you can expect in the event of a win. This helps traders evaluate the potential returns on your investments, allowing you to strategize and forecast future financial outcomes based on trading activities.
