TOTAL VOLUME:
$134.1b
24H VOL:
$113,466,932
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,423,222,590
402,751
Markets across
30,217
events
MATCHED EVENTS:
2,632
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 9, 3:00 AM EST
Kalshi
The overnight low temperature in Phoenix 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 for Phoenix's lowest temperature on June 8, 2026 reflect real-money trader conviction and can differ meaningfully from traditional weather analyst forecasts. While meteorologists rely on atmospheric models and historical climate data, prediction markets incorporate diverse information sources and incentivize accuracy through financial stakes. Comparing Kalshi implied probabilities to National Weather Service or climate analyst predictions can reveal where the market sees higher or lower confidence in specific temperature ranges. These differences often highlight uncertainty or emerging consensus that traditional forecasts may not yet fully capture.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, the lowest temperature in Phoenix on June 8, 2026 is priced as a set of binary or range-based contracts, each representing a specific temperature threshold or band. Traders buy or sell contracts at prices between 0 and 100 cents, where the price reflects the implied probability of that outcome occurring. As new information about weather patterns, seasonal trends, and atmospheric conditions emerges, contract prices adjust in real time. The most actively traded contracts typically cluster around temperature ranges most likely for Phoenix in early June, based on historical climatology and current forecasting models.
The market resolves on Jun 9, 2026, after the lowest temperature in Phoenix on June 8, 2026 has been recorded and verified. The outcome is determined by official temperature data from a designated weather station or source, typically the National Weather Service or similar authoritative meteorological agency. Once the actual minimum temperature for that date is confirmed, contracts corresponding to the correct temperature range or threshold settle at full value, while all other contracts expire worthless. Resolution occurs shortly after the reference period closes and data becomes available.
Several factors could shift market odds for Phoenix's lowest temperature on June 8, 2026. Major weather pattern changes, such as shifts in high-pressure systems or unexpected cold fronts, would alter trader expectations. Updates to seasonal climate forecasts and long-range weather models as June approaches will influence pricing. Historical temperature anomalies or El Niño/La Niña developments could signal cooler or warmer conditions. Real-time atmospheric data, upper-level wind patterns, and moisture availability in the weeks leading up to June 8 will drive contract repricing. Traders continuously incorporate new meteorological information to refine their probability estimates.