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: May 31, 3:00 AM EST
Kalshi
This event tracks the maximum temperature recorded in Phoenix on May 30, 2026, according to the National Weather Service's daily climatological report. The outcome is determined by which temperature range the recorded high falls within on that specific date.
Prediction market odds on Kalshi reflect real-money bets from traders pricing in weather models, historical May temperatures in Phoenix, and seasonal climate patterns. Analyst forecasts from meteorological services typically rely on deterministic models and historical averages. Market odds often incorporate broader uncertainty and tail-risk scenarios that traditional forecasts may underweight. Comparing the two reveals whether traders are pricing in more extreme heat or cooler conditions than meteorologists expect, offering insight into market-implied climate expectations versus expert consensus for Phoenix on May 30, 2026.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, the highest temperature in Phoenix on May 30, 2026 is priced as a set of discrete outcome contracts, each representing a specific temperature range or threshold. Traders buy and sell shares in outcomes they believe will occur, with prices reflecting the collective probability assigned by the market. As new weather data, seasonal forecasts, and real-time conditions emerge, prices adjust continuously. The spread between bid and ask prices narrows or widens based on trading activity and conviction levels among participants.
The market resolves on May 31, 2026. Resolution is determined by the official highest temperature recorded in Phoenix on May 30, 2026, as reported by the designated weather authority. The outcome is objective and verifiable, eliminating ambiguity about which temperature bracket or threshold was reached. Once the day concludes and the final high temperature is confirmed, the market settles to the corresponding outcome contract, and traders' positions are paid out accordingly based on their holdings.
Key signals include updated seasonal climate forecasts, El Niño or La Niña patterns, atmospheric pressure systems tracking toward Arizona, and historical temperature anomalies for late May. Major weather events such as heat domes, cold fronts, or unusual jet-stream positioning can shift expectations significantly. Real-time data closer to May 30 including soil moisture, cloud cover forecasts, and short-range model consensus will drive price movements. Additionally, any unusual solar activity or volcanic aerosol effects on atmospheric conditions could influence Phoenix's peak temperature that day.