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: Jun 6, 3:00 AM EST
Kalshi
The maximum temperature in Phoenix on June 5, 2026, will be recorded according to the National Weather Service's daily climatological report.
Prediction market odds reflect aggregated trader expectations and often incorporate meteorological forecasts from the National Weather Service and private weather analysts. While traditional forecasts rely on deterministic climate models, prediction markets price in uncertainty and real-time information from thousands of participants. Comparing Kalshi odds to published analyst temperature ranges for Phoenix in early June can reveal whether traders are pricing in more bullish or bearish temperature scenarios than official forecasts suggest.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, this event is priced as a set of outcome contracts corresponding to specific temperature ranges or thresholds for Phoenix's high on June 5, 2026. Traders buy and sell shares in each outcome, with prices reflecting the collective probability assigned by the market. As new weather models, seasonal patterns, and real-time atmospheric data become available, contract prices adjust dynamically to reflect changing expectations about whether Phoenix will experience typical early-June heat or anomalous conditions.
Key drivers include updated long-range weather forecasts from NOAA and the National Weather Service, which typically become more precise as June approaches. La Niña or El Niño conditions, upper-atmosphere pressure patterns, and anomalies in sea-surface temperatures can all influence Arizona's early-summer heat. Additionally, any unusual atmospheric events, volcanic activity affecting solar radiation, or shifts in the jet stream could alter trader expectations. Real-time forecast updates in the days immediately before June 5 will likely trigger significant market movement.