TOTAL VOLUME:
$134.2b
24H VOL:
$130,522,377
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,438,389,636
404,028
Markets across
30,214
events
MATCHED EVENTS:
2,681
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 5, 8:00 AM EST
Polymarket
This market will resolve to the temperature range that contains the highest temperature recorded at the Masroor Airbase Station in degrees Celsius on 5 Jul '26. The resolution source for this market will be information from Wunderground, specifically the highest temperature recorded for all times on this day for the Masroor Airbase Station, available here: https://www.wunderground.com/history/daily/pk/karachi/OPKC. To toggle between Fahrenheit and Celsius, click the gear icon next to the search bar and switch the Temperature setting between °F and °C. This market can not resolve until the first data point for the following date has been published on the resolution source. The resolution source for this market measures temperatures to whole degrees Celsius (eg, 9°C). Thus, this is the level of precision that will be used when resolving the market. Revisions to temperatures recorded within this market's timeframe will be considered until the first datapoint for the following date has been published, after which any alterations will not be considered.
This market will resolve to the temperature range that contains the highest temperature recorded at the Masroor Airbase Station in degrees Celsius on 5 Jul '26. The resolution source for this market will be information from Wunderground, specifically the highest temperature recorded for all times on this day for the Masroor Airbase Station, available here: https://www.wunderground.com/history/daily/pk/karachi/OPKC. To toggle between Fahrenheit and Celsius, click the gear icon next to the search bar and switch the Temperature setting between °F and °C. This market can not resolve until the first data point for the following date has been published on the resolution source. The resolution source for this market measures temperatures to whole degrees Celsius (eg, 9°C). Thus, this is the level of precision that will be used when resolving the market. Revisions to temperatures recorded within this market's timeframe will be considered until the first datapoint for the following date has been published, after which any alterations will not be considered.
Prediction market odds often diverge from traditional meteorological forecasts because they incorporate real-time trader sentiment and broader uncertainty. While weather analysts publish deterministic point estimates or narrow ranges based on atmospheric models, this market aggregates the collective judgment of traders betting real capital on outcomes. Comparing the implied probability from market odds to published forecasts for Karachi's July 5 high can reveal whether traders expect conditions to exceed or fall short of official predictions, reflecting either skepticism or confidence in the models.
On Polymarket, traders set prices by buying and selling shares tied to specific temperature outcomes. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each outcome bracket has its own price, ranging from 0 to 1, and the cost to buy a share reflects the market's probability estimate for that temperature range. As new information emerges or trader conviction shifts, prices adjust dynamically. The sum of all outcome prices should approximate 1.00, ensuring internal consistency across the full temperature spectrum for Karachi on July 5.
This market resolves around Jul 5, 2026, after July 5 concludes in Karachi. The outcome is determined by the verified highest temperature recorded on that day, confirmed once credible public reporting becomes available. Traders holding shares in the correct outcome bracket receive their payout, while incorrect positions expire worthless. The resolution hinges on identifying the single highest temperature reading from reliable meteorological or official sources for that calendar day in Karachi.
Major weather pattern shifts, monsoon intensity changes, or updated seasonal forecasts could significantly move prices in this market. Real-time satellite data, atmospheric pressure systems, and heat wave warnings issued by regional meteorological agencies often trigger trader repositioning. Additionally, historical temperature records for early July in Karachi may be revisited as traders refine their models. Breaking news about climate anomalies or unusual weather systems approaching South Asia could also prompt rapid repricing as participants adjust their expectations for the day's peak temperature.