Palladium

4.6x

LiveData from Kalshi traders

Up 50%Down 50%

Max leverage4.6x

Trading hoursSun 6pm – Fri 5pm ET

Volume 24h$679.4

Funding rate—

Annualized funding rate (7d)—

Palladium is a precious metal used almost entirely for one purpose: catalytic converters in gasoline vehicles.

Key factors in play: Palladium's price has declined as its main use case shrinks. Automakers have been shifting to EVs, which don't need catalytic converters, and substituting cheaper platinum where they can. That's pushed demand down over time, and some forecasters, including the WPIC and Heraeus, expect a market surplus. On the supply side, a large share of palladium comes from Russia and South Africa, so sanctions or mining disruptions in either country can affect the price.

What to watch: Tariff and sanctions news, auto sales data, and Federal Reserve meetings.

FAQs

Does the market end?

No. Perps have no expiration date, so you can hold a position as long as you want and close it any time the market is open.

What is leverage?

Leverage lets you control a larger position with less money upfront. It magnifies both gains and losses relative to what you put in.

What is liquidation?

If the asset price moves against you and your margin falls below the required minimum, Kalshi will close your position to prevent further losses. In fast-moving markets, or when a market reopens after a closure, prices can move quickly, and you may lose some or all of your margin.

What is the funding rate?

Funding keeps the perp price close to the price of the underlying asset. These payments encourage trades that pull the two prices back together, and are paid directly between traders. Funding is capped at 2% of your position value per funding period.

How are perps different from other financial tools?

1. Profit whether you think the price will rise or fall. Go long or short with equal ease.2. No expiration. Unlike predictions and options, perps don’t have an end date. Hold for five days or five months. Funding payments apply while you hold.3. Trade with leverage. Control a bigger position with less upfront cash, with bigger gains and bigger losses.

Is Kalshi Invest regulated?

Yes. Kalshi Invest markets are CFTC-approved true perpetual futures. Kalshi is the first company in US history to offer regulated perpetual futures to American traders.

Learn more

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Perpetual futures involve substantial risk of loss and are not suitable for all customers; you may lose all funds you commit, including fees and commissions, and you may be required to post additional margin or make additional payments. All trading decisions are your own and at your own risk. By proceeding, you acknowledge that you have read the CFTC Risk Disclosure Statement and agree to the Terms of Use and Customer Agreement.

LiveData from Kalshi traders

Up 50%Down 50%

Max leverage4.6x

Trading hoursSun 6pm – Fri 5pm ET

Volume 24h$679.4

Funding rate—

Annualized funding rate (7d)—

Palladium is a precious metal used almost entirely for one purpose: catalytic converters in gasoline vehicles.

What to watch: Tariff and sanctions news, auto sales data, and Federal Reserve meetings.

FAQs

Does the market end?

No. Perps have no expiration date, so you can hold a position as long as you want and close it any time the market is open.

What is leverage?

Leverage lets you control a larger position with less money upfront. It magnifies both gains and losses relative to what you put in.

What is liquidation?

What is the funding rate?

How are perps different from other financial tools?

Is Kalshi Invest regulated?

Yes. Kalshi Invest markets are CFTC-approved true perpetual futures. Kalshi is the first company in US history to offer regulated perpetual futures to American traders.

Learn more

Palladium

Palladium Price Chart

FAQs

FAQs