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Kalshi Chicago weather markets

A practical guide to this Kalshi category — what the markets look like, how settlement works, where the edge actually is, and the resources for building a strategy. Live current markets and FAQ below.

Kalshi lists daily high temperature, low temperature, and rain markets for Chicago, each resolving on the official NWS station reading for the calendar day. These are among the cleanest markets on Kalshi to analyze: the settlement source is unambiguous and the same public forecast the market prices against is available to you.

The table above is live — every Chicago weather market currently open, sorted by volume. Click any row to get an instant AI read: Prediction Pilot pulls the live NWS/Open-Meteo forecast for Chicago, compares it to the market's threshold, and tells you whether there's a defensible edge and on which side.

How Chicago temperature markets settle

Daily high and daily low contracts are listed in 1-2°F bands around the forecast. Each resolves to $1 if the temperature crosses the threshold, $0 if not, based on the Chicago station of record. The documented favorite-longshot bias means 88-95¢ NO contracts on the forecast-favored side have historically won more often than their price implies.

Resources

Live Kalshi markets — top by 24h volume
MarketNO askSpread24h vol
Will the maximum temperature be 68-69° on Oct 22, 2026?100¢99¢$179
Will the maximum temperature be 70-71° on Oct 22, 2026?100¢99¢$149
Will the maximum temperature be 72-73° on Oct 22, 2026?1¢1¢$149
Will the maximum temperature be 74-75° on Oct 22, 2026?100¢99¢$93
Will the maximum temperature be <68° on Oct 22, 2026?100¢99¢$92
Will the minimum temperature be 50-51° on Oct 22, 2026?1¢1¢$32
Rain in Chicago in Oct 2026?1¢1¢$32
Rain in Chicago in Oct 2026?1¢1¢$26
Will the maximum temperature be >75° on Oct 22, 2026?100¢99¢$21
Will the minimum temperature be 52-53° on Oct 22, 2026?100¢99¢$17
Will the minimum temperature be 46-47° on Oct 22, 2026?100¢99¢$16
Will the minimum temperature be 48-49° on Oct 22, 2026?100¢99¢$16
Click any market to analyze it with the AI copilot — live prices, EV math, and a plain-English read.

Frequently asked

Does Kalshi have Chicago weather markets?

Yes — Kalshi lists daily high temperature, low temperature, and (seasonally) rain markets for Chicago, settling on the official NWS station reading for the day.

How do I find an edge in Chicago temperature markets?

Compare the live NWS/Open-Meteo forecast for Chicago to each market's threshold. When the forecast sits at least ~2°F clear of the bracket edge, the forecast-favored NO side at 88-95¢ has historically carried a small systematic edge. Click any market above to have Prediction Pilot run that comparison for you.

Analyze any of these markets in one click. The AI reads live prices, your positions, and external signals — and answers in plain English.

Try Prediction Pilot — 250k free credits