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Kalshi · WTI oil up or down · 1m to 1W charts

WTI Oil 15 Min Up or Down

Kalshi opens a new up-or-down WTI oil window every quarter hour, Sunday 3 PM to Friday 2 PM Pacific. This page is that contract: the price to beat in dollars a barrel, WTI now and the gap in cents, and what a stake pays after the fee. It is one of Kalshi’s busiest commodity windows, about 95,000 contracts on a typical window, and Agent Lee calls every one.

WTI / USD WTI · 5-minute candles

Short-term read

Move needed
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Typical move
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ATR 14
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15m range
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1h range
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vs VWAP
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Heuristics, not odds of winning. σ = recent realized volatility of these candles, scaled to the time left.

WTI price from Hyperliquid’s WTI oil market, lined up with Kalshi’s starting price each window, your time zone. Kalshi settles on Pyth’s WTI oil price. Charts by TradingView

Last 24 windows

Settled Kalshi 15-minute results. Most recent at the top.

Kalshi’s settlement value. The chart above is Hyperliquid’s WTI oil market, lined up with Kalshi’s starting price, not Pyth.

    Tap a row to mark that window on the chart. Final = Kalshi’s settlement value.

    Reset monitor · this device

    Before the next trade

    After a loss, a big win or a long session, take a few minutes off the desk before the next trade.

    Why the break?

    On the desk today: . Counts while a desk page is open and on screen.

    Foreword

    Exclusive TunaLead writer · pen name

    Trading 15-minute markets moves fast. A setup can change in minutes, so I want the right information in front of me before I make a decision.

    That’s why I use PM Countdown. It puts the indicators and market information I care about in one place, so I can review the setup, understand the price being offered, and decide whether it’s actually worth taking.

    The reset is part of my process too. After a big win, a tough loss, or too much time at the screen, five minutes away helps me come back focused instead of chasing the next trade.

    I don’t need to trade every market. I want the right setup at the right price. PM Countdown helps me stay disciplined and wait for it.

    Exclusive Tuna

    Reset running

    5:00

    Answer honestly. Only you see this, and nothing is saved.

    1. Is the next trade about getting that loss back?
    2. Do I know today’s loss limit in dollars?
    3. Have I reached it?
    4. Would I size the next trade bigger than I planned this morning?
    1. Have I moved some of it to my bank account?
    2. Does money I just won feel easier to risk than money I put in?
    3. Would I size up the next trade because I’m up?
    4. Do I know when I’m stopping today?
    1. Have I stood up in the last hour?
    2. Have I eaten something in the last few hours?
    3. Did I get a normal night’s sleep?
    4. Is it later than I planned to stop?

    After a loss

    Let this one go.

    After a big win

    Move some of it to your bank.

    What to do with a big win: the set-aside, the move off the exchange, and the size of the next bankroll.

    Been at it too long

    Get up for a bit.

    Tools for a longer break
    Your limits

    The most you’re OK losing today. We’ll keep it in front of you.

    Saved only in this browser. Nothing is sent to us. Gambling problem? Call or text 1-800-MY-RESET.

    How this WTI desk works

    Four numbers, then a decision

    Every tab on this page ends in the same question: is the price you would pay below what you think this WTI contract is worth, after the fee?

    Lesson 05: 15-minute markets
    1. To beat

      The WTI price Kalshi publishes when the window opens: the 1-minute close on Pyth’s WTI oil price at the open, in dollars a barrel to two decimals, like $98.22. It is set then and does not move. Up wins if the 1-minute close at the end of the window is at or above it, so a window that ends exactly level settles Up.

    2. WTI now and the gap

      WTI from Hyperliquid’s WTI oil market, lined up with Kalshi’s starting price each window: at the open it shows the price to beat, and every move after that is the market’s own move. The gap is in cents a barrel. Kalshi settles on Pyth’s WTI price, not on this feed. In our check of 84 settled windows the two sat about a cent apart at the open and agreed on the window’s direction 96% of the time, every time WTI moved 5 cents or more, so treat a gap of a cent or two as a tie.

    3. Up and Down prices

      Up is the Kalshi ask for YES on this WTI window. Down is 100 minus the YES bid, which is what NO costs you. A price in cents stands for the market’s chance in percent, so 44¢ is the market saying roughly 44%.

    4. If you’re right, if you’re wrong

      What your stake buys at the current ask, after Kalshi’s taker fee. If you’re wrong the whole stake is gone at the close. On a market that reopens four times an hour that is the number to decide first, not last.

    15m

    Real contract. Kalshi opens a fresh up-or-down WTI window every quarter hour, Sunday 3 PM to Friday 2 PM Pacific, and settles it on the 1-minute close on Pyth’s WTI oil price. That one contract is what the right-hand panel shows on every chart tab.

    One close, no average

    How it settles. The bitcoin contract averages the last 60 seconds of its index. This one does not: it compares one 1-minute close at the end with one at the start, rounded to the cent. The last minute matters more here, so the panel says so instead of averaging it.

    1h · 4h · 1D · 1W

    Chart views. Longer WTI candles drawn over the same 15-minute contract and lined up the same way. They come from Hyperliquid’s market, which keeps a few days of 1-minute bars and longer history on the slower views.

    1m · 2m · 3m · 5m

    Chart views. Short WTI candles over the current contract, built from Hyperliquid’s WTI oil market. Volume on these candles is Hyperliquid’s, not Kalshi contracts or barrels.

    Gold · Copper · Silver

    Also real contracts. Kalshi runs the same quarter-hour cadence on gold, silver, copper, platinum, palladium and natural gas. Gold has its own desk with Agent WoJi, silver with Agent JiHui, copper with Agent Nelly, and the rest are listed on the commodities page.

    WTI’s scale

    Why WTI moves in cents and ties happen

    WTI is priced in dollars a barrel and Kalshi writes the price to beat to two decimals, like $98.22. A typical 15-minute window moves about 10 cents, so this page shows the gap in cents.

    2 decimals

    The line. The 1-minute close on Pyth’s WTI oil price at the window’s open, in dollars a barrel. The close at the end of the window settles it and becomes the next window’s price to beat.

    Ties

    An exact tie goes Up. Up pays when the closing price is at or above the price to beat. Because both prices are rounded to the cent, 3% of the windows we counted ended exactly level, and every one of them paid Up.

    Lined up

    WTI now. Hyperliquid’s WTI market sits close to Pyth’s price but is not the same feed. At each open this page adds the difference back, measured from Kalshi’s price to beat and Hyperliquid’s close for the minute that ends at the open, so WTI now starts every window at the line.

    Busy book

    Plenty of contracts. A typical WTI window trades about 95,000 contracts (the median of 1,104 settled windows since October 1), so the spread is usually tight, though news can move it fast.

    Source: Kalshi’s rules for the WTI 15-minute market and our own counts of its settled windows and of Hyperliquid’s WTI market against them, October 19, 2026.

    Fees on a 15-minute WTI window

    A coin flip needs a real edge

    Many WTI windows trade near 50¢, and that is exactly where Kalshi's fee is at its worst. You pay the spread and the fee before you make anything, and this market reopens four times an hour, so the cost of trading every window adds up faster than the edge does.

    Worked example: 100 Up contracts on a WTI window at a 51¢ ask

    These are the arithmetic, not a quote from the live WTI market. Cost is $51.00 plus a $1.75 fee (0.07 × 100 × 0.51 × 0.49, rounded up to the cent), so $52.75 in total. They pay $100 if WTI finishes on the right side of the target. You need to be right more than 52.75% of the time just to break even, and selling before the close adds a second fee.

    Fee formula: Kalshi's taker fee, 0.07 × contracts × price × (1 − price), rounded up to the cent; resting limit orders can pay less. The arithmetic uses Kalshi's standard taker fee, the schedule the gold and bitcoin windows carry. The published write-ups were written about bitcoin: predictionmarketspicks.com calls the spread plus fees on a near-coin-flip contract "a steep, constant drag", and TheLines puts the fee at 1¢ to 2¢ per contract.

    Sizing

    ¼ Kelly, capped at 5%

    Full Kelly for a WTI contract at price P when you believe the chance is q is (q − P) ÷ (1 − P). We use a quarter of that, never more than 5% of your bankroll, and nothing at all when the number is zero or negative. Four WTI windows an hour is four chances to overstake.

    Full Kelly—
    ¼ Kelly—
    Stake—

    Ignores fees, which lower it further. Your chance is a guess; if it's wrong, Kelly oversizes. Source: betstamp on Kelly, which advises never risking more than 5% on one bet.

    Take a break between windows

    A new WTI window every 15 minutes isn't a reason to trade every one

    Fast markets reward slow rules. WTI gives you up to 96 of these windows a day and you do not have to be in any of them. Decide how many you will trade and your loss limit for the session before the first one, and stop when either runs out. If you lost the last WTI window, sit out the next one.

    • Set a money limit for the session before you start, and keep it.
    • Never raise the stake to win back the last window.
    • Skip any WTI window where you can't say why the price is wrong.
    • Walk away after a set number of windows, win or lose.

    TheLines' guide to these markets makes the same point: "Take breaks. Avoid rushing into consecutive trades."

    Only risk what you can afford to lose. This desk is information, not advice, and PM Countdown isn't affiliated with Kalshi. Kalshi users can set funding caps and opt-outs in the Responsible Trading Hub. Gambling problem? Call or text 1-800-MY-RESET. Responsible gambling guide