PerpEquities

Pre-IPO

Kalshi stock: live pre-IPO perp price

Can you buy Kalshi stock yet? Not on a public exchange - but pre-IPO perpetuals price it live.

Kalshi tracked across crypto venues with normalized contract specifications.

$25.25
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Price chart

 

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Collecting venue price data...
venue perp mark · Gate.io (KALSHI/USDT)
Auto: highest-volume live perp venue

Trading data

Perpetual market activity

1/1 live markets
Venues
1
Live markets
1/1
24h volume
$6.4K
Open interest
$177.2K
Best liquidity
$537.2
Gate.io
Tightest spread
+59.8 bps
Gate.io
Highest volume
$6.4K
Gate.io
Settlement mix
USDT · 1/1
Perp/spot vol.
-
OI / float
-

Venue matrix

1 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
Gate.ioTradeKALSHI/USDTTrading$25.250.0% APR
0.000% every 8h
+59.8 bps$537.2$6.4K$177.2KUSDT10x

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

No sufficient depth · 0 of 1 venues absorb $10k

Too thin: Gate.io

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

KALSHI

Tightest spread

KALSHI

Highest volume

KALSHI

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Private valuation
Valuation
-
Revenue
-
Trailing 12 months
Revenue growth
-
Next fiscal year
Profit margin
-
P/E
-
Free cash flow
-
Trailing 12 months
More metrics
Net income
-
Trailing 12 months
P/S
-
Peer P/E
-
Similar listed perps
Revenue estimate
-
Next fiscal year
Earnings
-
Dividend
-

Fundamental detail

No history
Company financial history is not available for this ticker yet.

Next catalyst

Catalysts

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Company news

Reuters, WSJ, Bloomberg and FT first, as far as our news provider delivers them; other publishers behind the second filter. Headlines link to the publisher.

Pending

Analyst track record

How the analysts covering KALSHI have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings00
Analysts00
Buy / hold / sell
Upgrades / downgrades / initiations0 / 0 / 00 / 0 / 0
Price targets hit / missed
Avg. return after a rating (TipRanks)
Best / worst call / /

After buy calls on this stock: not enough measured cases yet

TipRanks data via FMP · computed Sep 24, 2026 · 0 ratings

Frequently asked questions

Can I buy Kalshi stock?

Not on a public exchange - Kalshi has no publicly traded shares yet. Perpetual futures on KALSHI trade on Gate.io: speculative derivatives on its expected valuation that carry no ownership, voting rights or dividends - and no guaranteed convergence to a future IPO price.

Can I trade Kalshi before its IPO?

Kalshi (KALSHI) trades as a pre-IPO perpetual on 1 crypto venues, so you can take exposure before any public listing. Pre-IPO valuations are estimates and may differ from a future public-market price.

When is the Kalshi IPO?

Our source, last checked on September 24, 2026, named no confirmed listing date. Once Kalshi actually lists and exchange data is available, we update this page to the regular equity market page.

Can I trade KALSHI around the clock?

Yes. Unlike the underlying stock, KALSHI perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on KALSHI perpetuals?

Right now the KALSHI perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to 0.0% across 1 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

What is a KALSHI perpetual future?

A KALSHI perpetual is a derivative that tracks the price of Kalshi with no expiry date. It lets you take long or short exposure to Kalshi on crypto venues, around the clock.

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