TOTAL VOLUME:
$134.2b
24H VOL:
$126,590,312
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,439,516,703
404,175
Markets across
30,277
events
MATCHED EVENTS:
2,685
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
$
The minimum temperature in Los Angeles on May 31, 2026, will be recorded according to the National Weather Service's daily climatological data. This event covers the full range of possible temperature outcomes.
Prediction market odds on Kalshi reflect real-money traders' collective expectations and often diverge from traditional meteorological forecasts. While weather analysts rely on numerical models and historical climate data, prediction markets incorporate trader sentiment, recent weather patterns, and emerging atmospheric signals. By May 2026, comparing Kalshi implied probabilities against National Weather Service or Climate Prediction Center outlooks can reveal where professional forecasters and market participants agree or disagree on the likely low temperature range for that day.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, the lowest temperature in Los Angeles on May 31 is priced through binary or range-based contracts that divide the possible temperature outcomes into discrete buckets. Traders buy or sell shares representing their belief about whether the actual low will fall into each range. The contract price directly reflects the market's implied probability, with higher prices indicating greater confidence in that outcome. As new weather data emerges closer to May 31, 2026, prices adjust dynamically based on order flow and updated forecasts.
The market resolves on Jun 1, 2026, after the lowest temperature in Los Angeles on May 31, 2026, has been recorded and verified. The actual outcome is determined by official temperature readings from a designated weather station or data source specified in the contract terms. Once the day concludes and the final low is confirmed, the contract settles to the corresponding outcome bucket, and traders' positions are paid out according to whether their prediction matched the realized temperature.
Several factors could shift odds for Los Angeles's May 31 low temperature. Major weather pattern changes, such as shifts in the jet stream or development of high-pressure systems, would alter forecaster confidence and trader positioning. El Niño or La Niña conditions active in early 2026 could influence seasonal temperature tendencies. As May approaches, updated ensemble forecasts and medium-range models will provide clearer signals, causing repricing. Additionally, any unusual atmospheric events or climate anomalies in the months leading up to May 31 could move market expectations for that specific day's low.