Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Robinhood Prediction Markets) Pick polygram.ink (preferred broker) |
56% | 44% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
56% | 44% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Go to the live market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Go to the live market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Go to the live market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Go to the live market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 26°C | 56% |
| 27°C | 32% |
| 25°C | 9% |
| 28°C | 5% |
| 29°C | 2% |
| 21°C or below | 0% |
| 22°C | 0% |
| 23°C | 0% |
| 24°C | 0% |
| 30°C | 0% |
| 31°C or higher | 0% |
Market context
The real-world event hinges on the highest temperature recorded at Shanghai Pudong International Airport on 30 June 2026, measured in degrees Celsius and sourced from Wunderground. Historical data shows June highs at this station typically climb from 77°F to 83°F (25°C to 28°C), rarely dipping below 69°F or exceeding 92°F (33°C), with summer peaks often surpassing 30°C and occasionally reaching 35°C under intense sun [1][6]. The current crowd-implied probability of 31% YES suggests traders are betting the temperature will fall into a specific, likely higher, range—perhaps above 30°C—though this diverges from the median historical expectation, which centres closer to 27°C.
Traders should monitor the immediate forecast for Tuesday 30 June, which BBC Weather predicts a high of 27°C (80°F) with 84% humidity and steady pressure at 1011mb, conditions that may suppress extreme heat despite the season’s warming trend [2]. Key catalysts include any sudden shifts in cloud cover, wind speed (currently around 6 mph), or precipitation, as these directly influence peak temperatures; a recent National Weather Service chart for ZSPD confirms wind remains constant near 11 mph, limiting convective cooling effects [3]. While no major weather announcements are imminent, the divergence between Polymarket’s decimal odds and Kalshi’s implied probability models, alongside differing fee structures and KYC requirements, may cause price discrepancies across platforms as traders react to these micro-climatic dependencies.
The settlement window closes at 12:00 UTC on 30 June 2026, meaning the final Wunderground reading will resolve the market regardless of subsequent fluctuations. Platforms like Betfair and Smarkets may offer more liquid markets due to broader retail access, whereas Polymarket’s crypto-native users might react faster to real-time data feeds. Ultimately, the 31% probability reflects a cautious stance against the historical norm, where temperatures exceeding 30°C are possible but not guaranteed, making this a nuanced play on short-term atmospheric variability rather than seasonal certainty.
Methodology
This page compares Highest temperature in Shanghai on June 30? specifically across Polymarket, Kalshi, Betfair Exchange and Smarkets. The live probability is the Polymarket mid; the comparison columns summarise each venue's fee structure, KYC, settlement currency and payment rails. Every CTA routes to Robinhood Prediction Markets, which mirrors the Polymarket order book at 0% fees.
Resolution & payout
Polymarket settles via UMA Optimistic Oracle on Polygon. A proposer posts the outcome with a bond, the two-hour window runs, then the smart contract pays USDC.
Kalshi settles USD through the CFTC-regulated clearinghouse — the cleanest variant, with heavier KYC. Betfair Exchange settles in account currency (GBP/EUR), net of 2-5% commission. Smarkets follows the same model as Betfair with a lower default 2% commission.
FAQ
- Polymarket vs Kalshi — which is better?
- Depends on your location. Kalshi is CFTC-regulated, US-only with full KYC. Polymarket is global, on-chain, no KYC up to $1,500. Polymarket has ~10x higher liquidity but higher regulatory risk.
- What does Polymarket cost vs Kalshi?
- Polymarket: 0% fees, only Polygon network costs (~$0.01/trade). Kalshi: up to 7% per trade plus spread. For high-frequency traders, Polymarket is dramatically cheaper.
- Which platform is accessible globally?
- Polymarket is geo-blocked in the US/UK/EU. Kalshi is US-only. Betfair and Smarkets are UK-restricted. Robinhood Prediction Markets has a different geo footprint and routes to Polymarket's order book at 0% fees.
- Are all these platforms regulated?
- No. Kalshi is CFTC-regulated (US). Betfair and Smarkets are UK Gambling Commission licensed. Polymarket operates without explicit regulation — a different risk profile than a regulated sportsbook.
- Which platform supports Klarna/SOFORT?
- Directly: none. Polymarket accepts only USDC on Polygon. Robinhood Prediction Markets offers a fiat on-ramp via Klarna or SOFORT (DE/AT/CH) and converts internally to USDC for the Polymarket order book. T+1 processing.
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