US Large Cap

14.6x

LiveData from Kalshi traders

Up 50%Down 50%

Max leverage14.6x

Trading hoursSun 6pm – Fri 5pm ET

Volume 24h$58.3K

Funding rate—

Annualized funding rate (7d)—

Kalshi offers broad exposure to U.S. large cap companies through the Kalshi's US Large Cap Index, which has historically shown 99%+ daily-return correlation with major U.S. large-cap benchmarks, including the S&P 500®.

The US 500 index is made up of 500 large publicly traded US companies and is weighted by market capitalization, so bigger companies like Nvidia, Microsoft and Apple move the price much more than smaller ones.

What to watch: Company earnings, Federal Reserve interest-rate decisions, monthly jobs and inflation reports, and overall investor sentiment.

The underlying index is calculated by MerQube. See more details at https://merqube.com/indices/MQ5CT

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 leverage14.6x

Trading hoursSun 6pm – Fri 5pm ET

Volume 24h$58.3K

Funding rate—

Annualized funding rate (7d)—

What to watch: Company earnings, Federal Reserve interest-rate decisions, monthly jobs and inflation reports, and overall investor sentiment.

The underlying index is calculated by MerQube. See more details at https://merqube.com/indices/MQ5CT

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

US Large Cap

US Large Cap Price Chart

FAQs

FAQs