TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 21, 4:00 AM EST
Kalshi
This market tracks the highest temperature recorded in San Francisco on June 20, 2026. The outcome is determined by the daily maximum temperature reported by the National Weather Service for San Francisco Airport, California, divided into six temperature ranges.
Resolution is based on the maximum temperature recorded at San Francisco Airport on June 20, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed through the NWS San Francisco office website under the Observed Weather tab. Temperature ranges are: 64°F or below, 65-66°F, 67-68°F, 69-70°F, 71-72°F, and 73°F or above. The NWS Climatological Report (Daily) serves as the authoritative source; preliminary NWS data may contain rounding or conversion nuances that differ from other weather services, so traders should verify against the official NWS report rather than relying on third-party weather sources.
Prediction market odds reflect real-money trader consensus rather than traditional meteorological models. While weather analysts rely on atmospheric data and historical patterns to forecast June temperatures in San Francisco, this market incorporates trader beliefs about the actual high that day. Prediction markets often capture forward-looking sentiment that may diverge from baseline climatology, especially as new seasonal data emerges. Comparing this market's odds to published forecasts from the National Weather Service or climate analysts can reveal where traders expect conditions to differ from standard predictions, offering a complementary perspective on temperature expectations.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares corresponding to different temperature outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each outcome contract represents a specific temperature range, and the price of each contract reflects the collective probability traders assign to that range occurring. As traders place bids and asks, prices adjust in real time. Higher prices indicate stronger trader conviction that a given temperature band will be the actual high on June 20, 2026, while lower prices suggest lower perceived likelihood.
This market resolves around Jun 21, 2026, once June 20, 2026 has passed and the day's highest temperature in San Francisco can be verified. The outcome is determined by the actual peak temperature recorded for that date, confirmed through credible public sources. Traders holding contracts aligned with the verified temperature range receive their payouts, while other positions expire worthless. The resolution process is automatic once the temperature data becomes available and is validated against established meteorological records.
Several factors could shift odds in this market over the coming months. Updated seasonal climate forecasts, El Niño or La Niña patterns, and long-range weather models may influence trader expectations. As June 2026 approaches, short-range forecasts become more reliable and typically trigger sharper price movements. Major atmospheric events—such as heat domes, marine layer changes, or unusual pressure systems—could also reshape sentiment. Additionally, historical temperature records and recent Bay Area heat trends may prompt traders to adjust their positions as new data emerges closer to the event date.