Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Prediction Today) Pick polygram.ink (preferred broker) |
98% | 2% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
98% | 2% | 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 | 98% |
| 29°C | 2% |
| 31°C or higher | 2% |
| 30°C | 1% |
| 21°C or below | 0% |
| 22°C | 0% |
| 23°C | 0% |
| 24°C | 0% |
| 25°C | 0% |
| 26°C | 0% |
| 27°C | 0% |
Market context
Qingdao is currently under a Yellow Warning for thunderstorms with heavy rain, which has driven the crowd-implied probability of an extreme high temperature on 9 July 2026 to zero per cent. This sharp drop in confidence follows the last 24 hours, when persistent cloud cover and incoming moisture suppressed daily highs significantly below the seasonal norm, making a scorching peak unlikely before the settlement window closes.
Historical July data for Qingdao typically shows daytime maximums reaching 27°C on average, with peaks occasionally climbing to 31°C under high heat and humidity conditions [2]. However, the current forecast for 7 July indicates thundery showers and a high of just 24°C, reinforcing the low likelihood of an extreme temperature event [10]. The presence of a Yellow Warning for heavy rain further aligns with these cooler, wetter patterns, suggesting that the 0% probability reflects a realistic assessment of the prevailing weather rather than an outlier market reaction [1].
Traders should monitor real-time updates from Wunderground for the Qingdao Jiaodong International Airport Station, as this is the definitive resolution source for the market [1]. Any sudden shift in the forecast, such as the dissipation of the thunderstorm warning or a rapid rise in sunshine hours, could alter the temperature trajectory, though current models predict continued dampness. The settlement window ends at 12:00 UTC on 9 July, so the final hour of data will be critical in confirming whether the heavy rain persists or if a brief heat spike occurs despite the warning [1].
Methodology
We track Highest temperature in Qingdao on July 9? 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
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
- 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.
- 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.
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