Request to join
Gambit is a small, high-risk fund that trades event contracts on Kalshi. Series 1 lost about 26 percent in four weeks. Nothing is trading while research continues, and no strategy has yet passed the fund's tests. Put in only money you can lose entirely.
Applications are open. Funding opens to approved members after a legal review of the fund's structure. Until then an approved member can sign in and see the account, but cannot fund it.
How it works
- Apply below with your name, email and a rough amount.
- If approved, you get an email with a sign-in link. There is no password and nothing to keep safe.
- In your account, read and sign the acknowledgements.
- Fund: enter a dollar amount and pay the Lightning invoice from any Lightning wallet, for example Cash App, Strike, Coinbase, River, Wallet of Satoshi or Phoenix. Units are issued at that day's NAV per unit when the invoice is paid.
- Withdraw: save a Lightning address once (a change takes 24 hours to apply), request an amount and confirm it. It is paid in the next weekday withdrawal window at 9:00 CT, about one trading day later. A withdrawal larger than the fund's Lightning balance waits for a transfer from the exchange, up to 5 business days.
Fees
| Entry fee | 0% |
|---|---|
| Exit fee | 1% of each withdrawal |
| Management fee | 1% a year of your balance, charged on each weekday NAV snapshot |
| Performance fee | 20% of gains above your high-water mark, after the management fee |
| Lightning network fees | Paid out of your deposit or withdrawal |
| Minimum | None |
Full terms are in the prospectus.
Apply
Already a member? Sign in. Invite-only. Not an offer to the public.