| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| 76° or below | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 77° to 78° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 79° to 80° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 81° to 82° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 83° to 84° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 85° or above | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market asks what the highest observed air temperature in Miami will be on March 27, 2026. The outcome is useful for people and businesses that hedge weather exposure and for tracking short-term climate variability.
Miami has a warm, humid subtropical climate; late March is a transitional period when temperatures can be influenced by either lingering cool fronts or early-season warming. Short-term synoptic patterns (cold fronts, upper-level ridging, or tropical disturbances) drive day-to-day extremes, while long-term warming trends shift the baseline upward over decades.
Market prices represent the collective, real-time view of participants about which outcome will occur and update as forecasts and new data arrive. For specific settlement and data rules, consult the contract text and the designated official data source named by the platform.
The contract specifies the official data source and station used for settlement; platforms commonly rely on an NWS/NOAA-designated official reporting station for the Miami area (check the contract for station ID, measurement height, time zone, and units).
Settlement typically occurs after the designated official authority publishes the daily summary or final quality-controlled observation for that date; the exact timing and any settlement windows are defined in the event contract—consult that text for the platform's procedure.
Historical daily maximums for March 27 provide context on what is typical for that date and help distinguish an ordinary day from an extreme one; combine climatology with current forecast trends to assess how unusual a given outcome would be.
The event contract outlines fallback and dispute-resolution rules, which commonly include using a backup official station, waiting for final quality-controlled records from the data provider, or following the data provider's revision policy—refer to the contract for the specific hierarchy.
Watch synoptic model runs for frontal timing and ridge/trough position, local NWS forecast discussions for Miami, cloud and precipitation chances, sea-breeze timing, nearby tropical activity, and recent trends in observational data from the designated station(s).