Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Prediction Today) Pick polygram.ink (preferred broker) |
89% | 11% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
89% | 11% | 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 |
|---|---|
| 26°C | 89% |
| 27°C | 13% |
| 28°C | 1% |
| 21°C or below | 0% |
| 22°C | 0% |
| 23°C | 0% |
| 24°C | 0% |
| 25°C | 0% |
| 29°C | 0% |
| 30°C | 0% |
| 31°C or higher | 0% |
Market context
Tokyo’s heatwave has shifted dramatically in the last 48 hours, with the city charting temperatures above 35°C for five consecutive days in June—a record streak since 1990—before a sharp cooling trend emerged as showers moved in for July 5. The current crowd-implied probability of 0% YES for extreme heat reflects this sudden pivot, as forecast models now predict maximum temperatures of just 25°C for today, a stark contrast to the 28°C average high typical for early July. This cooling is driven by a stationary weather front bringing persistent rain and high humidity, which suppresses daytime heating despite the lingering warmth of the season.
Historically, early July in Tokyo sees average highs around 28°C, but comparable cases from 2023 and 2024 show that when a rainy front coincides with the start of the month, temperatures can drop to 21–23°C, aligning with today’s 0% probability for extreme heat. The market’s frontrunner on Polymarket for July 5 is 27°C at 54%, yet this contradicts the immediate forecast of 25°C, suggesting traders may be overreacting to June’s record heat rather than the current meteorological shift. The discrepancy highlights how quickly sentiment can lag behind real-time weather changes, especially when a front brings sudden cooling.
Traders should monitor the Japan Meteorological Agency’s updated forecasts for Hokkaido and Tohoku, which now predict above-normal temperatures arriving from July 5 onward, potentially reversing the cooling trend by mid-week. The activation of the Extreme Weather Early Warning system for northern Japan and the approach of Super Typhoon Bavi—now a Category 5 storm with 55 m/s winds—could disrupt local weather patterns, though its impact on Tokyo remains uncertain. Recent reports confirm that humidity will prevent effective body cooling, increasing heatstroke risk even at moderate temperatures, a critical factor for those assessing the market’s 0% probability for extreme heat.
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 Prediction Today, which mirrors the Polymarket order book directly.
Resolution & payout
Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.
Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.
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 Prediction Today 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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