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Chicago Weather Markets on Kalshi

Today's projected temperature next to what the market is charging. Contracts settle on the official National Weather Service reading — not a phone app, and not necessarily the airport you'd expect.

How Chicago settles

Settlement stationChicago Midway (KMDW)
SourceNWS Climatological Report (CLI)
Daily high seriesKXHIGHCHI
Daily low seriesKXLOWTCHI
RoundingWhole degrees — “above 96°” means 97° or higher

Worth knowing

Chicago's market settles at Midway (KMDW), not O'Hare. This trips up almost everyone: O'Hare is the airport people quote, it's the one most weather apps show for “Chicago”, and on a given day the two can differ by a couple of degrees. Reading O'Hare produces a systematic error that feels like an edge.

Our projection vs the market

High · 2026-10-29

We project 68°F · likely range 67–70°F

RangeMarketOur fair value
67° or below15¢28%
68° to 69°24¢47%
70° to 71°43¢22%
72° to 73°15¢2%
74° to 75°2¢0%
76° or above2¢0%

Low · 2026-10-29

Our model is under review for this day

Our projection currently differs from the National Weather Service forecast by more than 3°F for this day, so we've withheld our numbers rather than show you something we don't trust. Market prices below are unaffected.

RangeMarketOur fair value (withheld)
49° or below20¢—
50° to 51°27¢—
52° to 53°31¢—
54° to 55°19¢—
56° to 57°3¢—
58° or above2¢—

Market prices are mid-quotes and move through the day; our figures are what the model currently projects, not a guarantee. Highlighted rows are where we differ from the market most — which is a disagreement, not a promise. Every pick we publish is graded win or lose on our public record.

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