TOTAL VOLUME:
$134.1b
24H VOL:
$113,466,932
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,423,222,590
402,751
Markets across
30,217
events
MATCHED EVENTS:
2,632
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 6, 3:59 AM EST
Kalshi
This market tracks whether the highest temperature in Los Angeles on July 5, 2026 will exceed 77 degrees Fahrenheit. On Kalshi, the leading outcome—that the high will be 74–75°—stands at 99.0%, while the alternative outcome of temperatures above 77° is at 1.0%. Resolution will be determined by the National Weather Service's Climatological Report for Los Angeles Airport. Watch for the official National Weather Service temperature reading on July 6, 2026, when the previous day's high is reported.
Resolution is determined by the highest temperature recorded at Los Angeles Airport, California on July 05, 2026, as reported in the National Weather Service's Climatological Report (Daily). The temperature is divided into six distinct ranges: 69°F or below, 70–71°F, 72–73°F, 74–75°F, 76–77°F, and 78°F or above. Each range corresponds to a separate market outcome that resolves to Yes if the official NWS reading falls within that bracket. The official NWS Climatological Report (Daily) is the sole authoritative source for resolution; preliminary NWS data and third-party weather services such as AccuWeather or Google Weather may differ due to rounding and measurement methodology variations and should not be used as the final determination.
Prediction market odds reflect real-money incentives that often diverge from traditional weather forecasts and analyst models. While meteorologists rely on physics-based simulations and historical data, this market aggregates the collective judgment of traders who profit or lose based on accuracy. Analyst forecasts tend to be more conservative and updated less frequently, whereas market prices adjust instantly to new information—satellite imagery, atmospheric pressure shifts, or seasonal anomalies. Over time, prediction markets have demonstrated competitive accuracy against expert consensus, particularly when liquidity is sufficient to attract informed participants.
On Kalshi, this market is priced through an order-book mechanism where buyers and sellers submit bids and asks for outcome contracts tied to specific temperature ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each contract represents a mutually exclusive outcome—for example, "High ≥ 95°F" or "High < 95°F"—and the price of each reflects the probability traders assign to that outcome occurring. As trades execute, prices update in real time, and the spread between bid and ask widens or tightens based on order flow and liquidity depth. This continuous repricing ensures the market reflects current information and trader sentiment.
This market resolves around Jul 6, 2026, after July 5, 2026 has concluded and the highest temperature recorded in Los Angeles that day is confirmed. The outcome is determined by verified data from credible public sources, ensuring an objective and transparent settlement. Once the final temperature is published and cross-checked, the winning outcome contract is paid out in full and losing contracts expire worthless. Resolution typically occurs within hours of the event closing, allowing traders to see results quickly.
Major weather pattern shifts—such as an approaching heat dome, cold front, or atmospheric river—can significantly reprrice this market. Long-range forecasts from the National Weather Service or European weather models often trigger trader repositioning weeks in advance. Seasonal climate anomalies, El Niño or La Niña conditions, and historical temperature records for July 5 in Los Angeles all serve as reference points. As the event date approaches, daily forecast updates and real-time atmospheric data become increasingly influential, with the final 48 hours typically seeing the most volatile repricing as uncertainty narrows.