Every few minutes, WeatherQuant checks Open-Meteo โ an open-source service aggregating multiple global weather models (GFS, ECMWF, and more) โ for high/low temperature forecasts for each city.
Kalshi lists temperature markets with brackets like "72ยฐ to 73ยฐ." Each bracket has a price โ that price represents what traders think the probability is. A bracket at 40ยข means traders estimate a 40% chance. Buy "Yes" at 40ยข and if that bracket wins, you get $1.00 back. If it loses, you lose your 40ยข. Weather trading carries real risk โ brackets can and do settle at $0.
In the bracket table, the row tagged โ Forecast is the bracket the forecast temperature falls into.
Weather models can be wrong. Kalshi settles on the official NWS Daily Climate Report โ not forecasts. A divergence means "worth investigating," not "free money." Never trade more than you can afford to lose.
WeatherQuant is not financial advice. The information provided is for informational and educational purposes only. Nothing constitutes a recommendation or offer to buy or sell any event contracts or financial instruments.
Trading on Kalshi involves substantial risk of loss. You could lose some or all of your capital. Past performance is not indicative of future results.
WeatherQuant is not affiliated with Kalshi, Inc. or the National Weather Service. Not insured by the FDIC or any government agency. Trade at your own risk.