TOTAL VOLUME:
$134b
24H VOL:
$107,351,958
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,416,970,024
400,720
Markets across
30,097
events
MATCHED EVENTS:
2,633
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 14, 3:00 AM EST
Kalshi
This market tracks the highest temperature recorded in Phoenix on June 13, 2026, using official National Weather Service data from Phoenix, Arizona. The outcome is determined by which temperature range the recorded maximum falls into, spanning from 105°F or below up to 114°F or above.
Resolution is based on the maximum temperature recorded at Phoenix on June 13, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed via the NWS website by navigating to the Observed Weather tab and selecting Phoenix, AZ with Daily Climate Report. Traders should use the latest available data for the specified date, recognizing that preliminary NWS reporting may involve rounding and conversion nuances. While secondary sources like AccuWeather or Google Weather may provide guidance, only the official NWS Climatological Report (Daily) determines the final resolution. The maximum temperature will resolve to one of six distinct ranges: 105°F or below, 106-107°F, 108-109°F, 110-111°F, 112-113°F, or 114°F or above.
Prediction market odds often diverge from traditional weather analyst forecasts because they incorporate real-time trader behavior and incentivize accuracy through financial stakes. While meteorologists rely on deterministic models and historical climatology, this market aggregates dispersed information from thousands of participants betting on the actual outcome. Traders who hold contrarian views or possess local knowledge can move odds away from consensus forecasts. Over time, prediction markets have demonstrated competitive or superior accuracy compared to single-model forecasts, particularly when the crowd has access to diverse data sources and strong incentives to predict correctly.
On Kalshi, this market is priced through a continuous order-book mechanism where buyers and sellers submit bids and offers for each temperature outcome. 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 marginal trader's willingness to buy or sell at that level, and spreads tighten as more liquidity enters the market. Traders can place limit or market orders to express their conviction about the high temperature on that date. As new weather data, seasonal patterns, or other relevant signals emerge, participants adjust their orders, causing prices to move dynamically until the market resolves.
This market resolves around Jun 14, 2026, once the highest temperature recorded in Phoenix on June 13, 2026 is verified against credible public sources. The outcome is determined by the actual peak temperature reading from official weather stations or recognized meteorological data providers serving the Phoenix area. Traders holding positions in the correct outcome bracket receive payouts proportional to their stake, while incorrect positions expire worthless. Resolution typically occurs within hours of the market end date once the final temperature is confirmed and published.
Major weather pattern shifts, seasonal climate anomalies, and updated long-range forecasts can significantly move odds in this market. El Niño or La Niña conditions, atmospheric blocking patterns, and jet-stream positioning in early June 2026 will influence trader expectations. Real-time forecast updates from the National Weather Service and other meteorological agencies typically trigger price adjustments as confidence in specific temperature ranges changes. Additionally, historical analogues to similar June weather patterns and any unusual atmospheric events in the months leading up to mid-June can prompt traders to reassess their positions and adjust market pricing accordingly.