TOTAL VOLUME:
$134.2b
24H VOL:
$130,522,377
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,438,389,636
404,028
Markets across
30,214
events
MATCHED EVENTS:
2,681
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 14, 1:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in Philadelphia on June 13, 2026. The outcome will be determined by the official National Weather Service daily climatological report for Philadelphia, which provides the authoritative minimum temperature measurement for that date.
Resolution is based on the minimum temperature recorded at Philadelphia, PA on June 13, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed through the NWS Philadelphia Forecast Office website under the Observed Weather tab for Philadelphia, PA. The market is divided into six temperature ranges: 63°F or below, 64-65°F, 66-67°F, 68-69°F, 70-71°F, and 72°F or above. Each range corresponds to a distinct outcome. Traders should note that preliminary NWS data may be subject to rounding and conversion nuances, and the final official report should be used for resolution rather than preliminary readings or third-party weather services.
Prediction market odds often diverge from traditional meteorologist forecasts because they incorporate real-time trader positioning, risk appetite, and forward-looking sentiment alongside historical weather models. While meteorologists publish deterministic or probabilistic forecasts based on atmospheric data, this market reflects what traders are willing to stake on specific temperature outcomes. Comparing the two can reveal whether the crowd is pricing in more extreme cold or warmth than official forecasts suggest, or whether consensus has shifted due to recent model updates. Both sources offer value: analysts provide scientific grounding, while markets aggregate dispersed information and financial incentives into a single probability estimate.
On Kalshi, this market is priced through an order-book mechanism where traders submit bids and asks for contracts tied to specific temperature ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each contract represents a claim about whether the lowest temperature will fall within a defined band, and the market price reflects the equilibrium between buyers and sellers. As new weather data, seasonal patterns, or trader conviction emerge, orders adjust and prices move accordingly. The platform displays the current bid-ask spread and recent trade history, allowing participants to execute at market rates or place limit orders to wait for their preferred price.
This market resolves around Jun 14, 2026, once the lowest temperature recorded in Philadelphia on June 13, 2026 is verified against credible public sources. The outcome is determined by comparing the official low temperature for that date to the contract ranges offered in the market. Traders holding contracts aligned with the verified outcome receive their payout, while those on the wrong side of the outcome realize a loss. Resolution typically occurs within hours of the close of the trading day, pending confirmation from reliable meteorological data.
Major weather model updates, seasonal climate patterns, and atmospheric pressure systems are key catalysts that can shift odds significantly. If meteorological forecasts show a sudden cold front or warming trend approaching Philadelphia in early June 2026, traders will reprice contracts accordingly. Long-range climate indices, El Niño or La Niña conditions, and historical temperature anomalies for that date can also influence positioning. Additionally, as the event date approaches, intraday temperature forecasts become more precise, often triggering sharp repricing as uncertainty narrows. Breaking news about unusual weather patterns or climate events in the region may also prompt rapid trading activity.