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 8, 3:00 AM EST
Kalshi
This event concerns the maximum temperature that will be recorded in Phoenix on June 7, 2026, according to the National Weather Service's official daily climatological report. The market tracks whether the temperature falls within any of several specified ranges throughout the day.
Prediction market odds on Kalshi reflect aggregated trader expectations and often incorporate the latest meteorological data faster than traditional analyst forecasts. While weather services and climate analysts publish seasonal and daily temperature predictions, prediction markets price in real-time sentiment from many participants with financial incentive to be accurate. Comparing Kalshi odds to National Weather Service or private meteorology firm forecasts can reveal whether traders are pricing in more optimistic or pessimistic scenarios than official guidance suggests.
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 binary or range-based contracts tied to specific temperature thresholds for Phoenix on June 7, 2026. Traders buy and sell shares reflecting their belief in whether the high will fall within or exceed defined bands. The price of each contract reflects the implied probability that outcome will occur. As new weather data, seasonal patterns, and real-time atmospheric conditions emerge, contract prices adjust to reflect evolving market consensus about the likely maximum temperature.
The market resolves on Jun 8, 2026. Resolution is determined by the official recorded high temperature in Phoenix on June 7, 2026. The outcome is typically verified against data from the National Weather Service or a designated official weather station serving the Phoenix metropolitan area. Once the actual high temperature is recorded and confirmed, the market settles according to which outcome bracket or contract the final reading falls into, and traders' positions are paid out accordingly.
Key signals include updated seasonal climate forecasts, La Niña or El Niño patterns, atmospheric pressure systems, and jet stream positioning over the Southwest. Real-time weather model runs in the days leading up to June 7 will be major price drivers. Heat waves or cold fronts affecting the region weeks before could shift long-term expectations. Urban heat island effects and any unusual atmospheric events also influence trader positioning. As June 7 approaches, short-term numerical weather prediction models will dominate market movement.