| Kalshi | Included. CFTC-regulated exchange; non-sports markets open to NY residents. | Every Stage 1 trade (brackets, ladders, NO sets) | Taker fee 0.07 × C × P × (1−P) × series multiplier, rounded up to $0.0001 (schedule effective Jul 7 2026). No settlement fee. ACH deposits and withdrawals free; debit card deposits up to 2% (not included; use ACH). |
| Coinbase | Included. Licensed in New York (BitLicense). | Crypto spot reference now; cash-and-carry leg in Stage 3 | Advanced Trade lowest tier: 0.60% maker / 1.20% taker. Stage 3 will use the taker rate. |
| Gemini | Included. New York-chartered trust company. | Crypto spot reference; alternative spot venue in Stage 3 | Stage 3 will look up the current ActiveTrader schedule before using it. |
| Robinhood | Included. Stocks, ETFs, options and crypto open in NY. Prediction markets open in NY for crypto, economics and finance (sports removed). | Option spreads for Kalshi-vs-options hedges (IBIT, ETHA, GLD, SLV, SPX, XSP, NDX) | Options: $0 commission. Published schedule (Sep 17 2026) also lists $0.04/contract regulatory fee and $0.50/contract for index options ($0.35 with Gold). Counted as $0 at your request; each card also shows the profit with those fees. Event contracts: 10% × P × (1−P) commission, max 1¢, plus exchange fee up to 1¢. |
| Kraken | Excluded for trading. Kraken has blocked New York residents since 2015. | Price reference only (a third opinion on crypto spot) | Never used in a trade. |
| Polymarket US (polymarket.us) | Included. A CFTC-regulated Designated Contract Market operated by QCX LLC — a separate legal entity from offshore Polymarket, not geoblocked in NY. | Kalshi-vs-Polymarket US ladder comparisons (BTC/ETH year-end price brackets) | Taker fee 0.0695 × C × P × (1−P) (maker gets a −0.0125 rebate); this dashboard always assumes taking. Reused via Kalshi's own fee formula with an equivalent multiplier. |
| Polymarket (offshore, polymarket.com) | Excluded. Blocks US users. Not the same company as Polymarket US. | Nothing | — |
| Offshore crypto exchanges (Binance.com, Bybit, OKX…) | Excluded. Not licensed for US/NY. | Nothing | — |
| Coinbase Derivatives (US futures) | To be verified in Stage 3 for NY access and free data. | Short futures leg for cash-and-carry | If NY access or free data can't be confirmed, the module will show as unavailable. |