> For the complete documentation index, see [llms.txt](https://learn.trovemarkets.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://learn.trovemarkets.com/trove-x-kalshi/kalshi-example.md).

# Kalshi: Example

### Example: pricing & arbitrage

* **Kalshi (Validator):** 64.0
* **Trove Mark:** 59.5
* **Oracle (illustrative):** (59.5 + 64.0 + 62.0)/3 = 61.8

Here, Mark < Oracle → longs receive funding.

> Arbitrage desk might buy Trove (59.5) and sell Kalshi (≈64.0), earning funding + potential basis convergence.

***

### Lifecycle & settlement

* **Listing:**&#x20;
  * Only high-attention Kalshi markets with ≥6 months horizon
* **During life:**&#x20;
  * Standard Trove perp trading (Market/Limit), funding cycles, risk controls
* **At event resolution:**&#x20;
  * Oracle settles to 0 or 100 based on Kalshi’s official outcome ruleset; Trove perps remain cash-settled (no physical delivery)

> Exact resolution sources & timestamps are shown on the Transparency Dashboard, with the ruleset link per market.


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