Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Who Will Win) Pick polygram.ink (preferred broker) |
77% | 23% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
77% | 23% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 28°C | 77% |
| 29°C | 17% |
| 30°C | 6% |
| 31°C | 3% |
| 32°C | 1% |
| 23°C or below | 0% |
| 24°C | 0% |
| 25°C | 0% |
| 26°C | 0% |
| 27°C | 0% |
| 33°C or higher | 0% |
Market context
Tokyo faces a mid-July heatwave today, with the Tokyo Haneda Airport Station expected to record its peak temperature for 13 July 2026. The crowd-implied probability sits at 0% for the YES outcome, suggesting the market believes the temperature will fall outside the specific range offered, despite forecasts indicating daily highs between 29°C and 33°C for the Haneda area [1][2].
Historical data frames this near-zero probability as a potential mispricing rather than a certainty. While July averages at Tokyo International Airport hover around 29.8°C, recent years show mid-to-late July frequently breaching 36°C in the wider city, driven by humidity levels exceeding 95% [4]. Japan’s all-time record of 41.2°C was set in late July 2025, proving that extreme spikes are possible even when averages suggest moderation [5]. The consensus ignores the volatility of the 2026 heat season, where a single convective burst could push Haneda well above the implied threshold, creating value for contrarian traders betting on the outlier.
Traders must monitor the Japan Meteorological Agency’s 3-day forecast issued at 11:00 today, which currently lists the daily normal maximum at 29.8°C but allows for significant deviation [8]. The primary catalyst is the incoming shower probability of 48% for Monday 13 July, which could suppress temperatures if rain arrives before the peak heating window of 11 AM to 6 PM [4][10]. However, if the showers clear by Tuesday, partly cloudy conditions could allow temperatures to climb toward 33°C or higher, aligning with the 83°–90°F range seen in AccuWeather’s monthly outlook [1]. The dependency on cloud cover timing creates a binary outcome where a late-clearing sky could invalidate the 0% pricing.
Methodology
This page is a comparison snapshot: one live quote, four reference venues with their key attributes, and a single execution path — every trade button routes to Who Will Win, which mirrors the Polymarket order book directly.
Resolution & payout
Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.
Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.
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 Who Will Win. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- 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.
- 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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