Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
66% | 34% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Trade this market → |
Polymarket (direct) polymarket.com |
66% | 34% | 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 |
|---|---|
| 36°C | 66% |
| 35°C | 33% |
| 37°C or higher | 6% |
| 27°C or below | 0% |
| 28°C | 0% |
| 29°C | 0% |
| 30°C | 0% |
| 31°C | 0% |
| 32°C | 0% |
| 33°C | 0% |
| 34°C | 0% |
Market context
The underlying real-world event is the highest temperature recorded at Shanghai Pudong International Airport on 6 July 2026, measured in degrees Celsius. Current Polymarket pricing for this contract sits at 0% YES, implying the market believes the temperature will not reach the specific threshold required for a "yes" outcome. This conditional token, settled in USDC on the Polygon network, reflects a collective dismissal of extreme heat for this date, despite the region entering its peak summer period.
Historical data frames this probability as plausible rather than reckless. Average daily highs at Shanghai Pudong in July typically range from 84°F to 88°F (29°C to 31°C), rarely falling below 75°F or exceeding 95°F [1]. While July temperatures often hover above 30°C and can exceed 35°C during hotter spells, the 0% probability suggests traders expect conditions to remain within the standard band rather than spike to the extreme upper limit [7]. Recent June forecasts showed highs around 33°C, indicating a gradual warming trend rather than an immediate surge to record-breaking levels [4].
Traders should monitor the official weather schedules and any sudden announcements regarding heatwaves or monsoon activity that could alter the forecast. The resolution depends entirely on Wunderground data for the highest temperature recorded at any time on this day, making real-time monitoring of the station critical [5]. Although no specific recent news source predicts an anomaly for 6 July, the general pattern of hot, rainy, and humid weather in Shanghai suggests volatility remains a key dependency [7]. The settlement window closes at 12:00 UTC on 6 July 2026, requiring precise attention to the final hourly readings from the Pudong station [3].
Methodology
This page reviews Highest temperature in Shanghai on July 6? across five venues. The live probability is the Polymarket mid-price, sourced directly from the on-chain Polygon order book; the comparison columns benchmark each venue on fee structure, KYC, settlement currency and payment rails. Every CTA routes to PolyGram, which mirrors the Polymarket order book at 0% fees.
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 PolyGram. 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.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like PolyGram 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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