TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 11, 12:59 AM EST
Kalshi
This event predicts the highest temperature recorded in Philadelphia on July 10, 2026. The outcome will be determined by the official National Weather Service Climatological Report for Philadelphia International Airport, which provides the authoritative daily maximum temperature measurement for the region.
Resolution is based on the highest temperature recorded at Philadelphia International Airport on July 10, 2026, as reported in the National Weather Service's Climatological Report (Daily). Temperature ranges are divided into six bands: 85°F or below, 86-87°F, 88-89°F, 90-91°F, 92-93°F, and 94°F or above. Each temperature band corresponds to a distinct market outcome. The official NWS Climatological Report (Daily) serves as the definitive source for resolution, superseding other weather services. Traders should exercise caution when interpreting preliminary NWS data, as measurement methods may be subject to underlying rounding and conversion nuances.
Prediction market odds reflect the collective judgment of traders betting real money on outcomes, often diverging from traditional weather analyst forecasts. While meteorologists rely on numerical models and historical data to project temperatures, this market aggregates dispersed information and incentivizes accuracy through financial reward. Comparing the implied probabilities here to published forecasts from the National Weather Service or other agencies can reveal where traders see additional risk or confidence. Such gaps often signal either market inefficiency or insights that formal models have not yet captured.
On Kalshi, this market is priced through an order-book mechanism where traders submit bids and asks for different temperature ranges or outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each outcome reflects the balance of buy and sell interest at any moment, with wider spreads indicating lower liquidity and tighter spreads showing active trading. As new weather data or forecasts are released, traders adjust their positions, causing prices to shift. This continuous repricing ensures the market remains responsive to changing conditions leading up to July 10, 2026.
This market resolves around Jul 11, 2026, once the highest temperature recorded in Philadelphia on July 10, 2026 is verified and finalized. The outcome is confirmed against credible public sources such as official weather station data or recognized meteorological records. Traders holding positions aligned with the verified temperature outcome receive their winnings, while those on the wrong side of the market settle at a loss. Resolution typically occurs within hours of the market close date once data is confirmed.
Major weather pattern shifts, updated seasonal forecasts, and anomalous atmospheric conditions can all trigger significant price movements in this market. El Niño or La Niña developments, jet stream positioning, and historical heat wave patterns for early July will influence trader expectations. Real-time forecast updates from the National Weather Service or other meteorological agencies often spark immediate repricing as new data becomes available. Additionally, broader climate trends and any unusual weather events in the weeks before July 10 may shift the probability distribution of outcomes.