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 9, 1:00 AM EST
Kalshi
The overnight low temperature in Philadelphia on June 8, 2026 will be recorded by the National Weather Service's daily climatological report. This event tracks the minimum temperature across various ranges.
Prediction market odds on Kalshi represent real-money consensus from traders and often diverge from traditional weather analyst forecasts. While meteorologists rely on numerical weather models and historical patterns, prediction markets incorporate trader expectations, which may price in uncertainty or contrarian views differently. Comparing Kalshi implied probabilities to National Weather Service or other meteorological outlooks can reveal where the market is more bullish or bearish on extreme low temperatures. These differences highlight how market-based forecasting captures distributed information that may not align with single-source expert predictions.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, the lowest temperature in Philadelphia on June 8 is priced as a set of binary or range-based contracts, each representing a specific temperature threshold or band. Traders buy and sell shares at prices between 0 and 100 cents, where the price reflects the market's implied probability of that outcome occurring. As new information emerges—such as updated seasonal forecasts or atmospheric patterns—traders adjust their positions, moving prices up or down. The final settlement price on Kalshi will be determined once the official low temperature for June 8 in Philadelphia is recorded.
The market resolves on Jun 9, 2026, after the close of trading and once the official low temperature for June 8, 2026, in Philadelphia is recorded. Resolution is based on verified meteorological data from a designated official source. The outcome is determined by comparing the recorded low temperature to the contract thresholds or ranges defined in the market. Once the data is confirmed and the winning outcome is identified, all shares in that outcome are paid out at full value, and all other shares expire worthless.
Several factors could shift odds for Philadelphia's June 8 low temperature. Major weather pattern changes—such as a cold front, high-pressure system, or jet stream repositioning—will influence trader expectations. Seasonal climate outlooks and long-range forecasts from NOAA or other meteorological agencies may trigger repricing. As June 8 approaches, increasingly accurate short-range forecasts will narrow uncertainty and drive sharper price movements. Historical temperature anomalies, El Niño or La Niña conditions, and broader climate trends could also sway market sentiment about whether the low will be unusually cold, mild, or near normal.