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Polymarket Cash-Out and Hedge Calculator

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To “cash out” a Polymarket position you either sell your shares at the current bid or buy the opposite side so that one of your two positions always pays $1. Both lock in roughly the same result — the difference is the spread and the fees. This calculator compares selling, hedging and holding for your position.

Cash-out and hedge calculator

Shares you hold Price you paid per share (cents) Current best bid for your side (cents) — what selling gets you Current best ask for the opposite side (cents) — what hedging costs Taker fee rate for this market

Sell now: profit—

Hedge with opposite side: locked profit—

Hold: if you win—

Hold: if you lose—

Taker fee = shares × rate × p × (1 − p) on each trade. Hedging buys as many opposite shares as you hold, so exactly one side pays $1 per share.

Sell, hedge or hold?

💵 Sell when the bid is close to the midpoint: it frees your money immediately.
🛡️ Hedge when the opposite side's ask is cheap relative to your bid, or when your side's book is thin: your money stays locked until the market resolves, but the result is fixed.
⏳ Hold if you still think the market underprices your outcome — the table shows the full win and loss.

Check the live bid and ask on the market's page (every page on Polymarket odds today links to it) and see how to read the order book.

Frequently asked questions

Can you cash out early on Polymarket?

Yes. Sell your shares to the best bid at any time before the market closes; there is no separate cash-out button or penalty beyond the spread and, for a taker order, the market's fee.

Is hedging better than selling?

They lock in almost the same result. Hedging can be slightly better when the opposite side is cheaper than 1 − your bid, but it keeps your money tied up until the market resolves.

How are fees included?

Each purchase or sale that takes liquidity pays shares × rate × p × (1 − p); the rate depends on the market's category.

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All tools · Polymarket fees · Polymarket vs Kalshi odds · Polymarket odds today. Polymarket View is independent and not affiliated with Polymarket, Kalshi or any sportsbook. Educational math, not financial or betting advice.