CoinStats adds Kalshi perpetual futures tracking

Positions and trading history together

CoinStats announced Kalshi perpetual futures tracking on 9 October, giving traders a way to review those positions alongside their other holdings. Its integration brings open positions, completed trades, trading fees and funding payments into the portfolio. The practical change is a combined view of trading activity, rather than permission to place orders through the tracker.

CoinStats says the connection cannot trade or withdraw funds. Setup uses an API key, a credential for software access: create a key with read-only permission in Kalshi’s account settings, then supply that key and its private key in CoinStats. The announcement describes this connection but does not specify a separate integration price.

Understanding the exposure behind the balance

Kalshi’s explanation helps distinguish these records from ordinary coin holdings. A perpetual futures contract follows an asset’s price without a fixed expiry date. A long position benefits when that price rises; a short position benefits when it falls. That differs from a prediction contract settling a yes-or-no event. Grouping everything in a portfolio does not make the underlying exposures interchangeable.

Margin is the collateral supporting a position. Leverage allows a larger exposure than the collateral posted, increasing the impact of both favourable and adverse price moves. With isolated margin, collateral relates to one position; cross margin shares collateral across positions. Those arrangements matter when assessing how much of an account could be exposed to losses.

Kalshi describes a minimum maintenance requirement. Falling below it can lead to liquidation, meaning the exchange closes the position. A portfolio balance therefore needs to be read together with the position’s margin arrangement, rather than treated as an amount insulated from further trading losses.

Separating execution fees from funding

Kalshi calculates trading fees on notional value, which means the full exposure including leverage, rather than just the collateral deposited. A modest margin balance can consequently support a much larger fee basis. The relevant comparison when reviewing a charge is the size of the trade, not merely the amount initially committed to support it.

Execution also matters. An order that immediately matches existing liquidity pays a taker fee. An order left on the book and filled later receives the maker treatment, which Kalshi describes as cheaper. Rates depend on trading-volume tiers. Fees apply when opening and when closing a position, so checking only the entry charge misses part of a completed trade’s cost.

Funding is a separate payment associated with holding an open position. It can be received or paid. Keep it distinct from execution charges when reconciling a trading result.

Connecting an account does not grant trading access

Kalshi’s access guidance limits applications to US-based users who have completed identity verification, often called know-your-customer or KYC checks. It says perpetual trading is not automatically enabled for every account. That remains a separate requirement from connecting an eligible account to a portfolio service.

Applicants complete a margin-account questionnaire covering experience, risk tolerance and financial circumstances. Kalshi reviews the application, and an approved user must complete its educational tutorial before trading. Some applications need manual review; others may be declined because of questionnaire responses, regulatory requirements or other eligibility criteria. The practical sequence is therefore to establish access with Kalshi first. The integration announcement does not establish eligibility in additional countries.

Check the imported record’s boundaries

CoinStats’ supported-connections table lists Kalshi futures balances and transaction history starting in 2025, with deposits and withdrawals excluded. Its Kalshi row also marks spot transaction history, spot open orders, Earn records and a separate margin balance as unsupported categories. These are useful boundaries when deciding what an imported portfolio can explain.

An absent deposit in this view should therefore not automatically be read as a missing deposit at the exchange. For reconciliation, compare the supported trading records with the original account statement and keep excluded cash movements separate. The published scope supports using the connection for futures tracking, without assuming it reproduces every part of the account.