Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Review UK) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Trade this market → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Trade this market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Trade this market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Trade this market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Trade this market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 28°C | 100% |
| 21°C or below | 0% |
| 22°C | 0% |
| 23°C | 0% |
| 24°C | 0% |
| 25°C | 0% |
| 26°C | 0% |
| 27°C | 0% |
| 29°C | 0% |
| 30°C | 0% |
| 31°C or higher | 0% |
Market context
The real-world event in question is the peak air temperature recorded at Tokyo Haneda Airport on 4 July 2026, measured in degrees Celsius. This single-day snapshot determines the market resolution, with settlement depending on Wunderground’s official daily high for the RJTT station. The current crowd-implied probability of 0% for the “YES” outcome suggests the market believes the temperature will not fall within a specific, likely low, threshold, though the frontrunner outcome is 27°C at 57% probability[1].
Historical data frames how to interpret this probability: Tokyo’s hot season runs from late June to mid-September, with average daily highs exceeding 79°F (26.1°C) and July’s mean temperature at 28.7°C (83.7°F)[6][8]. Recent records show Japan’s July average hit a record high for the third consecutive year, reinforcing that temperatures rarely dip below 26°C in early July[8]. The 2026 forecast for Haneda indicates daily highs between 76°F and 91°F (24.4°C–32.8°C), making sub-26°C outcomes statistically marginal[4].
Traders should monitor real-time weather feeds from the National Weather Service and Wunderground, as sudden shifts in cloud cover or wind patterns can alter the daily peak[3]. While no specific announcements are scheduled, the Met Office currently forecasts a maximum of 27°C for Haneda, aligning with the market’s frontrunner[9]. Programmatically, a power-user would deploy conditional orders triggered by Wunderground’s hourly updates, copying trades when the live high approaches 27°C to capture the 57% implied probability[1]. Dependencies include the settlement window ending at 12:00 UTC on 4 July 2026, requiring precise timing for position closure.
Methodology
We track Highest temperature in Tokyo on July 4? across the five venues with material prediction-market liquidity. The probability shown is the live Polymarket mid; the comparison rows summarise how each venue treats the underlying contract — fees, KYC thresholds, settlement currency, deposit options. The highlighted row marks the cheapest route into Polymarket's order book.
Resolution & payout
At resolution the UMA oracle takes over: a proposer posts the outcome with a bond, any token holder can dispute within two hours. Without dispute the result is accepted and the smart contract distributes USDC instantly.
On Kalshi (CFTC-regulated) resolution runs through their in-house clearing engine in USD. Betfair Exchange settles after match end in the account's local currency. Manifold pays no cash — only its in-platform "mana" currency.
FAQ
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is Polymarket Review UK. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- Is this market available outside the US?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- How does resolution work?
- Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
- What's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- How fast are USDC deposits?
- Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
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