Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Best Prediction Markets) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
100% | 0% | 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 |
|---|---|
| 33°C | 100% |
| 30°C or below | 0% |
| 31°C | 0% |
| 32°C | 0% |
| 34°C | 0% |
| 35°C | 0% |
| 36°C | 0% |
| 37°C | 0% |
| 38°C | 0% |
| 39°C | 0% |
| 40°C or higher | 0% |
Market context
Tokyo’s temperature on 2 August will be settled by the highest reading at Haneda Airport, and the market is already pricing a very low chance of an extreme outcome, with the crowd-implied probability at 0% YES. That sits against a more conventional seasonal backdrop: Tokyo’s August average high is about 31°C, while broader city-history data show August has produced much hotter spikes in the past, including a record monthly high of 37.3°C in the long-run Tokyo series. [1][2][5]
For reading the current price, the useful comparison is between “normal August heat” and the tail risk of a very hot afternoon. AccuWeather’s August outlook for Tokyo points to highs mostly in the low- to mid-30s Celsius, with the month’s daily highs generally running from 82°F to 90°F, which would usually support a range well above the market’s implied zero, even if not necessarily into record territory. Japanese climate data also show late-July and early-August daily maximums can already be firmly in the mid-30s Celsius, so a single hot day at Haneda is not unusual in principle. [1][6][7]
The main catalysts are the day-of forecast updates, any typhoon track changes, and cloud/rain timing around Tokyo Bay, all of which can quickly cap the afternoon high at Haneda. Because the settlement window closes at 12:00 UTC, the market is especially sensitive to the morning-to-early-afternoon temperature path in Tokyo local time, rather than the full late-day peak; if convection, sea breezes or rain move in early, the highest reading may land materially lower than seasonal averages imply. Traders should therefore watch the latest airport-specific forecast and any Japanese Meteorological Agency updates alongside the weather history page used for settlement.
Methodology
We track Highest temperature in Tokyo on August 2? 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
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 Best Prediction Markets. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- 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 Best Prediction Markets 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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