Highest temperature in Toronto on August 2?

Platform comparison

Market context

Toronto Pearson’s hottest reading on 2 August will be determined by the day’s maximum at the airport station, not the city average, so the relevant benchmark is the single warmest observation before the 12:00 UTC settlement cut-off. August in Toronto is usually warm rather than extreme: long-run averages put the month’s high near 25–27°C, while the August 2 record high in Toronto is 33.9°C, which provides a useful ceiling for reading the market’s range structure.[2][5]

A 0% implied probability on the top band suggests the book is pricing a very low chance of an exceptional heat spike at Pearson, which is consistent with the airport’s sparse history of truly extreme August maxima. The strongest historical comparator is Pearson’s airport record of 38.3°C on 25 August 1948, cited by The Weather Network, while Toronto-wide records show 40.6°C has only been reached on rare, long-separated occasions downtown.[18][8] In practice, funding depth on this kind of weather market is often more sensitive to deposit friction than to pure forecast conviction: faster on-ramps such as Klarna or SEPA and low-friction withdrawal rails like USDC can improve turnover when traders want to express short-lived temperature views around a single day’s forecast cycle.

The main catalysts are the latest Environment and Climate Change Canada forecast for southern Ontario, any heat warnings or special weather statements, and the overnight-to-morning evolution in cloud cover and humidity ahead of the airport’s daily maximum.[1] Traders should also watch whether neighbouring days are hotter or cooler, because early-August heat often comes in clusters rather than isolated spikes, and that can pull liquidity into adjacent date markets as well.[15][19]

Sources: 1 · 2 · 3 · 4 · 5

Methodology

This page compares Highest temperature in Toronto on August 2? with a focus on payment rails and deposit friction. Polymarket accepts USDC on Polygon only; Kalshi only ACH/Plaid (US only); Betfair card/SEPA in EU/UK; Manifold no deposit. Polymarket Klarna UK additionally offers Klarna and SOFORT as fiat on-ramps to USDC. Live odds reflect the Polymarket order book.

Resolution & payout

Settlement path determines payout latency. Polymarket settles on-chain (USDC, minutes). Broker frontends like Polymarket Klarna UK add Klarna/SOFORT as fiat withdrawal options with T+1 processing. Kalshi: USD via ACH (T+1 to T+3). Betfair: local currency via card/SEPA (T+1 to T+5).

FAQ

How does Klarna deposit work on Polymarket Klarna UK?

You enter the deposit amount in EUR/GBP, choose Klarna as the method, run through Klarna's standard authentication (Pay Later or Direct Bank Transfer), and Polymarket Klarna UK converts internally to USDC for the Polymarket order book. Processing: typically under 30 minutes.

What does SOFORT cost as a deposit method?

Polymarket Klarna UK charges no fees for SOFORT. The only cost is the internal FX spread (typically <1%) on EUR→USDC conversion. SOFORT itself has no end-user fees — the platform absorbs acquirer costs.

Which payment methods are supported?

Klarna (Pay Now / Pay Later), SOFORT, SEPA bank transfer, credit card (Visa/Mastercard), Apple Pay, Google Pay, and direct USDC deposit on Polygon. Availability depends on your jurisdiction.

How fast is SEPA deposit?

SEPA Instant: under 10 seconds. SEPA Standard: 1-2 business days. Both accepted fee-free; the internal USDC conversion runs automatically once EUR lands in the platform account.

Can I deposit with a credit card?

Yes, Visa and Mastercard. Credit card deposits carry a ~2.5% acquirer surcharge (standard for card payments). Apple Pay and Google Pay run on the same card rails — same surcharge.