TOTAL VOLUME:
$134b
24H VOL:
$87,997,338
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,395,155,069
395,664
Markets across
30,076
events
MATCHED EVENTS:
2,626
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 5, 3:00 AM EST
Kalshi
This event tracks the lowest temperature recorded in Phoenix on July 4, 2026. The outcome will be determined by the National Weather Service's official daily climatological report for Phoenix, which provides the most authoritative temperature measurement for the region.
Resolution is based on the minimum temperature recorded at Phoenix, AZ on July 4, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed via the NWS Southwest Region Climate portal under the Phoenix, AZ location. Temperature ranges are divided into six bands: 75°F or below, 76-77°F, 78-79°F, 80-81°F, 82-83°F, and 84°F or above. Each band 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 real-time weather services.
Prediction market odds reflect real-money incentives for accuracy, often diverging from traditional meteorological forecasts. While weather analysts rely on physics-based models and historical climate data, traders in this market incorporate broader information—including long-range ensemble forecasts, climate patterns, and consensus from other forecasters. The odds you see represent an aggregated bet on where the low will land, which can serve as a useful cross-check against published forecasts from the National Weather Service or other official sources.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares corresponding to different temperature ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each outcome contract reflects the probability traders assign to that temperature band occurring on July 4, 2026. Prices move as new orders flow in, allowing you to enter or exit positions at the prevailing bid-ask spread. The platform's matching engine ensures transparent price discovery based on live supply and demand.
This market resolves around Jul 5, 2026, once July 4, 2026 has passed and the actual low temperature is verifiable from credible public sources. The outcome is determined by the lowest temperature recorded in Phoenix on that date, measured against the specific temperature thresholds defined in each contract. Once the event occurs and data is confirmed, the market settles automatically and traders receive payouts based on which outcome bracket the actual low falls into.
Several factors could shift odds in this market: updated seasonal climate forecasts, historical temperature records for early July in Phoenix, shifts in El Niño or La Niña patterns, and long-range weather model consensus. Major atmospheric events—such as heat domes or unusual jet-stream positioning—can also influence trader expectations. As the date approaches, medium-range forecasts (10–14 days out) will become more precise, likely triggering sharper price movements. Real-time monitoring of meteorological updates and climate indices can help you anticipate market swings.