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Climate and Weather OPEN

Lowest temperature in Phoenix on Apr 21, 2026?

📊 $0 traded 🏦 Source: Kalshi
Total Volume
$0
Open Interest
0
Active Markets
6
Markets
6

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Prices in cents (1¢ = 1%). Trade on Kalshi.

All Outcomes (6)
Outcome Probability Yes Bid Yes Ask 24h Change Volume
61° or below 0%
$0 Trade →
62° to 63° 0%
$0 Trade →
64° to 65° 0%
$0 Trade →
66° to 67° 0%
$0 Trade →
68° to 69° 0%
$0 Trade →
70° or above 0%
$0 Trade →

About This Market

This market tracks the official daily minimum temperature recorded in Phoenix, Arizona, on April 21, 2026. It serves as a financial derivative for weather volatility and regional climate patterns in the Southwestern United States.

Phoenix experiences significant diurnal temperature variation in April as the region transitions from spring to the onset of early summer heat. Historical records for late April typically show mild overnight lows, but anomalous weather systems or urban heat island effects can cause substantial deviations from the long-term climatological average. This data is derived from official measurements provided by the National Weather Service at Phoenix Sky Harbor International Airport.

Market prices represent the collective expectation of traders regarding the specific temperature range for that date, factoring in seasonal forecasts and meteorological models.

Key Factors

Frequently Asked Questions

Where is the official temperature measured for this event?

The data is sourced from the official National Weather Service observation station located at Phoenix Sky Harbor International Airport.

What happens if there is a record-breaking weather event?

The outcome is based on the finalized, official data released by the National Weather Service, regardless of how extreme the reading may be.

Does the market consider the daily high temperature?

No, this market specifically targets the daily minimum temperature, which typically occurs during the early morning hours.

How do urban heat island effects impact the temperature reading?

Increased urbanization in the Phoenix metropolitan area often traps heat, generally leading to higher minimum temperatures compared to the surrounding desert landscape.

Will the settlement value be updated if the weather station changes?

Settlement is determined by the official data provided by the designated reporting authority for that location as of the date in question.

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