TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: May 28, 2:00 AM EST
Kalshi
This market tracks whether the highest temperature recorded in New Orleans on May 27, 2026, will fall within the 87-88° Fahrenheit range. On Kalshi, the leading outcome—maximum temperature between 87-88°—stands at 99.0%. Resolution will be determined by the National Weather Service's Climatological Report (Daily) for New Orleans on that date. Watch the National Weather Service's official temperature recording on May 27, 2026, as it will be the definitive measure for how this market settles.
Prediction market odds reflect real-money bets from traders and differ from traditional weather analyst forecasts, which rely on numerical models and historical climate data. While meteorologists publish deterministic temperature predictions, prediction markets aggregate dispersed information and incentivize accuracy through financial stakes. The market-derived odds on Kalshi represent collective trader expectations and can sometimes diverge from official forecasts due to differing methodologies, data interpretation, and risk appetite. Comparing the two approaches provides a richer perspective on May 27 temperature outcomes.
The market resolves on May 28, 2026, after the May 27, 2026, trading day concludes. Resolution is determined by the official highest temperature recorded in New Orleans on that date. The outcome is tied to verified meteorological data, ensuring an objective and auditable settlement. Traders holding shares in the correct temperature outcome receive their payout once the actual high is confirmed and the market officially settles.
Several factors could shift market odds before resolution. Seasonal weather pattern updates, long-range forecast model revisions, and historical climate anomalies for late May in New Orleans will influence trader positioning. Major atmospheric events such as tropical systems, heat domes, or cold fronts tracked weeks in advance can trigger significant price moves. Additionally, real-time weather data closer to May 27 will refine expectations. Traders continuously incorporate new meteorological information, so odds may fluctuate as confidence in specific temperature ranges strengthens or weakens.