100 contracts bought at 40¢
The illustrative taker fee is 0.07 × 100 × 0.40 × 0.60 = $1.68. A move from 40¢ to 55¢ produces $15 gross before the closing fee, so evaluation progress is lower than the displayed price gain.
Funded trading
Pick a tier, pass a single evaluation, and trade Tide-backed capital with a 90/10 split.
0/5 active evaluation accounts
Virtual account
Virtual account
Virtual account
All accounts include
1 Phase
Single-Phase Eval
90/10
Profit Split
3 Days
Min Profitable Days
No Limit
Open Positions
Evaluation desk
PropTide evaluations use live Kalshi-powered prices and a single qualification phase. A pass requires the tier target after fees, three separate profitable trading days, and continuous compliance with the published drawdown and contract limits.
No second verification challenge after the target and day requirements are met.
Positions are valued against active prediction-market quotes and reported settlements.
Funded traders keep 90% of eligible net realized profit.
Exact thresholds
| Virtual account | Standard fee | Pass balance | Starting floor | Profitable days | Per-event cap |
|---|---|---|---|---|---|
| $2,000 | $24 | $2,200 | $1,900 | 3 × $50+ | 100 contracts |
| $10,000 | $99 | $11,000 | $9,500 | 3 × $250+ | 500 contracts |
| $25,000 | $159 | $27,000 | $24,000 | 3 × $500+ | 1,000 contracts |
Standard fees are shown before a valid discount code. The drawdown floor can trail upward after a higher settled end-of-day balance.

Worked $10K example
Start with a $10,000 virtual balance and a published $9,500 drawdown floor.
Build $1,000 of net profit after fees to reach the $11,000 pass balance.
Record at least three separate days with $250 or more in realized net profit.
Stay within 500 contracts per event and the total-open-contract limit.
A single large win does not bypass the profitable-day requirement. Open P&L does not count toward a qualifying day until the position closes or settles.
Cost and payout math
The illustrative taker fee is 0.07 × 100 × 0.40 × 0.60 = $1.68. A move from 40¢ to 55¢ produces $15 gross before the closing fee, so evaluation progress is lower than the displayed price gain.
The 90% profit entitlement is $720. The other limits are $400 from the excess-balance cap, $500 per cycle, and $300 above the required $10,500 buffer. With all eligibility requirements met, the lowest limit controls: $300 available. The 90% share is not applied a second time.
| Compare | $2K | $10K | $25K |
|---|---|---|---|
| Best reason to choose | Lowest standard fee | Middle risk and payout envelope | Largest contract and payout limits |
| Profit needed | $200 | $1,000 | $2,000 |
| Absolute drawdown | $100 | $500 | $1,000 |
| Evaluation event cap | 100 | 500 | 1,000 |
| Maximum payout / cycle | $100 | $500 | $1,000 |
No. It is the virtual balance used for evaluation and funded-account measurement. The checkout price is the one-time evaluation fee.
Yes. Drawdown uses total account value, including the live value of open positions, and is checked continuously subject to quote-freshness and breach-confirmation safeguards.
Not by itself. The account must also record three separate qualifying profitable days and remain compliant with every risk rule.
The full evaluation rules page publishes the winning-day, payout-cycle, buffer, consistency, split, and per-cycle requirements.
Check the trade
See how entry and exit fees change a trade's profit in a PropTide evaluation. Start with 100 contracts bought at 40¢ and sold at 55¢, or enter your own example.
Net result after trading fees
$11.58
Taker means an immediate fill; maker means a resting fill. Assumes one fill on each side with the selected fee rate, maker fees enabled, and no slippage. Multiple fills can round differently. Enter the price of the contract you buy, whether Yes or No. This estimates trade economics, not account eligibility or a payout.
Check PropTide's complete account rules