Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Review UK) Pick polygram.ink (preferred broker) |
45% | 55% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Trade this market → |
Polymarket (direct) polymarket.com |
45% | 55% | 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 |
|---|---|
| 29°C | 45% |
| 30°C | 39% |
| 31°C | 13% |
| 32°C | 3% |
| 26°C or below | 0% |
| 27°C | 0% |
| 28°C | 0% |
| 33°C | 0% |
| 34°C | 0% |
| 35°C | 0% |
| 36°C or higher | 0% |
Market context
The real-world event hinges on the peak temperature recorded at Shanghai Pudong International Airport on 9 July 2026, measured in degrees Celsius and resolved via Wunderground history. This single data point determines whether the market settles on a specific temperature range, with the current crowd-implied probability of 0% suggesting traders expect the temperature to fall outside the offered range.
Historically, July is Shanghai’s hottest month, with average highs near 87°F (30.6°C) and frequent peaks exceeding 35°C (95°F) during sunny spells[3][5]. Past records show summer highs regularly surpassing 30°C, making a 0% probability for a moderate range statistically unusual unless the range is set too low or too high relative to typical extremes[5]. A power-user would programmatically query Wunderground’s daily archive for ZSPD to back-test similar dates and validate whether the implied probability aligns with climatic norms[7].
Traders should monitor real-time forecasts for convective activity, as thunderstorms can suppress peak temperatures despite high baseline heat[4]. Recent AccuWeather data indicates a high of 90°F (32.2°C) for 9 July with high clouds and breezy conditions, which may limit the maximum temperature[4]. Dependencies include the official resolution time (12:00 UTC) and the Wunderground data feed’s reliability; any delay or gap in the archive could invalidate the settlement[1]. A conditional order strategy would trigger only if live temperatures breach 33°C before noon, ensuring alignment with the resolution window.
Methodology
We track Highest temperature in Shanghai on July 9? 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
- 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.
- What does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- 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.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Polymarket Review UK trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
- How reliable are the quoted odds?
- The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
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