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Home/Macro / Fed/Will the highest temperature in Shanghai be 28°C on August 11?
PolymarketMacro / FedUpdated 6m ago

Will the highest temperature in Shanghai be 28°C on August 11?

Market probability
0.1%
Little changed over 24 hours
Less than a day until the event deadline
Deadline: August 11, 2026 at 8:00 AM ET

No meaningful repricing — the probability is steady.

The pricing has partial support: healthy trading volume and market depth, a tight spread.

How credible was the move?

Three separate questions — a move can be genuine while the latest price is still settling. Methodology →

Move validity

Is the move backed by real trading and depth?

Moderate

The pricing has partial support: healthy trading volume and market depth, a tight spread.

Consensus stability

Has the market settled at the new probability?

Stable

The probability has held near its current level over the past several hours.

Contract clarity

Will the rules resolve without ambiguity?

High

The resolution rules are relatively specific, with a named source and a defined deadline.

Recent trade activity$276.6 traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What this market actually measures

This market will resolve based on the highest temperature recorded in the 'Daily Observations' table on Weather Underground, not the figure displayed in the 'Day High & Low' summary section; in the event of any discrepancy between the two, the Daily Observations table shall be the primary resolution source not the Day High & Low section. This market will resolve to the temperature range that contains the highest temp…

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

This market will resolve based on the highest temperature recorded in the 'Daily Observations' table on Weather Underground, not the figure displayed in the 'Day High & Low' summary section; in the event of any discrepancy between the two, the Daily Observations table shall be the primary resolution source not the Day High & Low section. This market will resolve to the temperature range that contains the highest temperature recorded at the Shanghai Pudong International Airport Station in degrees Celsius on 11 Aug '26. The resolution source for this market will be information from Wunderground, specifically the highest temperature recorded for all times on this day for the Shanghai Pudong International Airport Station, available here: https://www.wunderground.com/history/daily/cn/shanghai/ZSPD. To toggle between Fahrenheit and Celsius, click the gear icon next to the search bar and switch the Temperature setting between °F and °C. This market can not resolve until the first data point for the following date has been published on the resolution source. The resolution source for this market measures temperatures to whole degrees Celsius (eg, 9°C). Thus, this is the level of precision that will be used when resolving the market. Revisions to temperatures recorded within this market's timeframe will be considered until the first datapoint for the following date has been published, after which any alterations will not be considered.

Resolution source:

What could move this market next?

  • The market's deadline arrivesAugust 11, 2026 at 8:00 AM ET

    The contract must resolve based on what has happened by this date.

  • Confirmation at the resolution source (wunderground.com)

    The rules name this source as the basis for settlement.

Derived from the contract's own mechanics as of Aug 11, 4:28 AM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±17 pts.

Resolving soonLegacy movement classifier: watch

What's happening

high classifier confidence
Resolving soon

Near resolution or with ambiguous wording, pricing is mechanically thin and can swing on tiny trades. Read end-of-life prices with extra caution.

Change (pts)1H+0.16H+0.124H+0.17D+0.1
Score breakdown — Movement, Liquidity & Trust

ProbCast Trust Score

45/ 100 · Watch

Mixed support. Interpret with some caution. Main caveat: thin liquidity.

Settlement-stage — price is pinned near resolution. Read it as a settlement signal, not a fresh forecast.

ProbCast measures how reliable this market probability appears — not what to trade.

Movement6

Magnitude of recent probability change

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ProbCast — Odds Reliability

Know whether prediction-market odds can be trusted. ProbCast analyzes liquidity, market activity, spreads, and price movement to help distinguish meaningful repricing from thin-market noise.

Questions? Chat with us on Telegram
TodayTop MoversEventsAll MarketsWhat ChangedVenue DivergencePolymarket vs KalshiMethodologyCoverageMeta's ArenaWatchlistTerms of UsePrivacyCrypto
wunderground.com
  • Resolves in 0 day(s) — end-of-life pricing is mechanically thin

Read with caution —The latest price is a usable but caveated read — weigh it with the market state.

More details — reliability score, dynamics, durability
Reliability score
40Medium
Where the price path tends to go next385 observed
  • Choppy / mean-reverting93%
  • Stable consensus4%
  • Thin-liquidity spike2%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityHigh· half-life ~4h
PredictabilityStable

Secondary read: leaning toward Quote-driven.

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Market data

24h volume

$73.5K

Liquidity

$15.4K

Total volume

$111.7K

Category
Macro / Fed
Venue
Polymarket
Open interest
—
Spread
0.1 pts
Best bid
0.1%
Best ask
0.2%
7-day range
0.1% – 0.6%
Resolves
Aug 11, 2026
Resolution
wunderground.com
Liquidity78

Depth of the order book and volume

Trust breakdown

45/100 · Watch

Mixed support. Interpret with some caution. Main caveat: thin liquidity.

  • Liquidity anchor+55
  • Price steadiness+28
  • Thin liquidity-20
  • Expiring soon-10
  • Limited history-8
Trust score45 / 100
How these scores work →
View on Polymarket

ProbCast provides prediction-market data and analytics for informational purposes only. Not financial, trading, betting, investment, legal, or tax advice. Market-implied probabilities can be wrong, illiquid, manipulated, or affected by ambiguous resolution rules.

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ProbCast provides prediction-market data and analytics for informational purposes only. Not financial, trading, betting, investment, legal, or tax advice. ProbCast is not a betting platform, exchange, or broker and does not provide buy or sell recommendations. Intended for users 18+; availability of prediction-market activity varies by jurisdiction. Venue data is aggregated from third parties and may be delayed or inaccurate. See our Terms of Use.

Market-implied probabilities can be wrong, illiquid, manipulated, or affected by ambiguous resolution rules.

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