You want to change your order price or size. Kalshi doesn't have a native 'edit order' button — you cancel and replace. Here's the exact workflow and what to watch for when timing matters.
As of 2026, Kalshi has no order modification feature. To change price or quantity, you must cancel the existing order and place a new one. This is standard for prediction market exchanges — full edit functionality is more common on equity brokers.
When you cancel an order and place a new one, there's a brief window where you have no position in the book. On fast-moving contracts, prices can change between your cancel and your new order. If timing is critical, consider whether accepting the current fill price is better than canceling.
If your order was partially filled before you cancel, the cancel only applies to the unfilled remainder. The already-filled portion is a live position. Check your portfolio after canceling to see your actual position and cost basis.
After canceling an order, your reserved funds return to your available balance. There's usually a short processing delay (seconds to a minute). If you're trying to immediately re-place with those funds, wait for the balance to update first.
Your original order had a position in the queue at that price level — earlier orders fill first. When you cancel and re-place, your new order goes to the back of the queue at whatever price level you choose. This matters most on contracts with multiple orders at the same price.
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