TOTAL VOLUME:

$116.7b

24H VOL:

$99,401,033

24H TRANSACTIONS:

1,362,287,844

OPEN INTEREST:

$1,177,208,320

335,484

Markets across

33,267

events

MATCHED EVENTS:

4,184

PLATFORM COVERAGE:

5

Polymarket:

42%

VS.

Kalshi:

58%

Natural Gas (NG) Up or Down on March 31?

50%chance
Amount

$

You will be redirected to the platform to complete this trade.
Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
MUI X License key version mismatch
Total markets: 25 of 61

Description

This market will resolve to "Up" if the Close price for the Active Month of Natural Gas futures on March 31, 2026 is higher than the Close price for the Active Month of Natural Gas futures on the most recent prior trading day. This market will resolve to "Down" if the Close price for the Active Month of Natural Gas futures on March 31, 2026 is lower than the Close price for the Active Month of Natural Gas futures on the most recent prior trading day. For each trading day, the closing price refers to the Pyth "Close" value of the 1-minute candle timestamped 5:00:00 PM ET on that date. E.g., ordinarily, a market on Monday would refer to the previous Friday for its most recent closing price, unless Friday were not a trading day under the applicable trading-hours schedule, in which case it would refer to the next most recent prior trading day. If the two specified closing prices are exactly equal, this market will resolve 50-50. Closing prices will be used exactly as published by Pyth, without rounding. If the Active Month contract does not trade at all during the relevant trading session, the market will resolve 50-50. For Natural Gas futures, the active month refers to the nearest listed contract month. The active month changes at 6:00:00 PM ET at the start of the trading session two business days prior to that contract's last trading day, at which point the next listed contract becomes the active month. For Natural Gas (NG) futures, the last trading day is defined as four business days prior to the first calendar day of the contract's delivery month, consistent with CME contract specifications. For the purposes of this market, trading days will be determined according to the applicable trading-hours schedule for the underlying market. Under the standard schedule, trading is open from 6:00:00 PM ET Sunday through 5:00:00 PM ET Friday, with a daily break from 5:00:00 PM ET to 6:00:00 PM ET, except where modified by holiday or special-session hours as listed on Pyth. If a listed date is not a trading day under the applicable trading-hours schedule as listed on Pyth, this market will resolve 50-50. If either of the relevant days has no valid Pyth Close value for the 1-minute candle timestamped 5:00:00 PM ET, the market will use the last valid Pyth price achieved prior to 5:00:00 PM ET during that trading day as the effective closing price. If no valid Pyth price exists for that trading day due to a system outage, data failure, or other technical disruption, the official daily close price published for the Active Month Natural Gas (NG) futures contract by CME Group may be used to determine the closing price for that day. Only prices achieved during the applicable trading session for the underlying market will be considered. In the event of a contract specification change, feed change, or similar structural modification affecting the underlying market during the listed time frame, this market will resolve based on adjusted prices as displayed on Pyth. The resolution source for this market will be Pyth, specifically the "Close" values for the relevant 1-minute candle for the Active Month of Natural Gas futures available at https://pythdata.app/explore/Commodities.NGDK6%2FUSD. Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter.

PredictionHero - Resolution Divergence Alerts (RDA)

Divergence Detected

Issue: Kalshi and Polymarket use fundamentally incompatible resolution methodologies. Kalshi resolves based on absolute price thresholds (60 different price levels), while Polymarket resolves based on relative price movement (comparison to prior trading day close). These cannot both be satisfied simultaneously, making one platform's market logically unresolvable.Hero tip: Do not trade across both platforms expecting consistent outcomes. On Kalshi, you are betting on absolute NG price levels on March 31 at 5 PM EDT. On Polymarket, you are betting on whether NG closes higher or lower than March 30's close. A price of $2.87 could resolve YES on Kalshi but NO on Polymarket if March 30 closed above $2.87. Verify the prior trading day's close before committing capital.

Critical divergence points:

  • Kalshi: Kalshi offers 60 separate binary markets, each resolving YES if the 1-minute candlestick close at 5 PM EDT on March 31, 2026 exceeds a specific absolute price threshold (ranging from $2.765 to $3.060 in $0.005 increments). Each threshold is independent; multiple markets can resolve YES simultaneously. Quote: 'If the close price of the 1-minute candlestick for natural gas on March 31, 2026 at 5 PM EDT is above [price], then the market resolves to Yes.'
  • Polymarket: Polymarket resolves as a single binary: UP if March 31 close > March 30 close, DOWN if March 31 close < March 30 close, 50-50 if equal or no trade occurs. The resolution is purely relative (directional change), not absolute price level. Quote: 'This market will resolve to Up if the Close price for the Active Month of Natural Gas futures on March 31, 2026 is higher than the Close price for the Active Month of Natural Gas futures on the most recent prior trading day.'
Our PredictionHero Resolution Divergence Alerts (RDA) are there to help users identify potential differences across platforms. They do not replace or supersede the official rules and description of any prediction market. Users are solely responsible for reviewing and understanding the applicable rules and resolution criteria before placing any trade or bet. If you notice a potential inconsistency, discrepancy, or error in an alert, please report it to our team so we can review and improve the accuracy of our data.
Show more

Polymarket

This market will resolve to "Up" if the Close price for the Active Month of Natural Gas futures on March 31, 2026 is higher than the Close price for the Active Month of Natural Gas futures on the most recent prior trading day. This market will resolve to "Down" if the Close price for the Active Month of Natural Gas futures on March 31, 2026 is lower than the Close price for the Active Month of Natural Gas futures on the most recent prior trading day. For each trading day, the closing price refers to the Pyth "Close" value of the 1-minute candle timestamped 5:00:00 PM ET on that date. E.g., ordinarily, a market on Monday would refer to the previous Friday for its most recent closing price, unless Friday were not a trading day under the applicable trading-hours schedule, in which case it would refer to the next most recent prior trading day. If the two specified closing prices are exactly equal, this market will resolve 50-50. Closing prices will be used exactly as published by Pyth, without rounding. If the Active Month contract does not trade at all during the relevant trading session, the market will resolve 50-50. For Natural Gas futures, the active month refers to the nearest listed contract month. The active month changes at 6:00:00 PM ET at the start of the trading session two business days prior to that contract's last trading day, at which point the next listed contract becomes the active month. For Natural Gas (NG) futures, the last trading day is defined as four business days prior to the first calendar day of the contract's delivery month, consistent with CME contract specifications. For the purposes of this market, trading days will be determined according to the applicable trading-hours schedule for the underlying market. Under the standard schedule, trading is open from 6:00:00 PM ET Sunday through 5:00:00 PM ET Friday, with a daily break from 5:00:00 PM ET to 6:00:00 PM ET, except where modified by holiday or special-session hours as listed on Pyth. If a listed date is not a trading day under the applicable trading-hours schedule as listed on Pyth, this market will resolve 50-50. If either of the relevant days has no valid Pyth Close value for the 1-minute candle timestamped 5:00:00 PM ET, the market will use the last valid Pyth price achieved prior to 5:00:00 PM ET during that trading day as the effective closing price. If no valid Pyth price exists for that trading day due to a system outage, data failure, or other technical disruption, the official daily close price published for the Active Month Natural Gas (NG) futures contract by CME Group may be used to determine the closing price for that day. Only prices achieved during the applicable trading session for the underlying market will be considered. In the event of a contract specification change, feed change, or similar structural modification affecting the underlying market during the listed time frame, this market will resolve based on adjusted prices as displayed on Pyth. The resolution source for this market will be Pyth, specifically the "Close" values for the relevant 1-minute candle for the Active Month of Natural Gas futures available at https://pythdata.app/explore?search=ngd. Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter.

Frequently asked questions

The Natural Gas (NG) Up or Down on March 31? dashboard on Polymarket tracks real-time odds and trading activity for this energy commodity event. It displays the current probability that natural gas prices will move up or down by the resolution date, updated continuously as traders buy and sell shares. The dashboard shows historical price movements, cumulative trading volume of $3,284, and 24-hour volume metrics to help you monitor market sentiment and liquidity. This single-venue view lets you follow how market participants are pricing natural gas directional movement leading up to the March 31 deadline.

Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Natural gas direction pricing on Kalshi reflects the exchange's order-book mechanism, where traders submit bids and offers for up or down outcomes. Prices typically range from 0 to 100 cents per share, with the spread between buy and sell orders indicating market tightness and conviction. On Kalshi, the contract settles based on the official natural gas price reference at the specified resolution time on March 31. Traders can enter limit or market orders to express their view on whether NG will close higher or lower, and pricing adjusts dynamically as new information and order flow arrive.

The Natural Gas (NG) Up or Down on March 31 market resolves at Mar 31, 2026. Resolution is determined by comparing the natural gas price at that specified time against the reference level established at market creation. Traders who correctly predicted the direction of price movement receive their payout, while those on the losing side forfeit their stake. The exact settlement price source and methodology are defined in the market's terms at creation. This timing gives traders a clear deadline to monitor energy markets and adjust positions before the final outcome is locked in.

Natural gas prices are sensitive to weather forecasts, particularly heating and cooling demand expectations heading into late March. Storage inventory reports, production disruptions, and LNG export activity can shift supply-demand dynamics significantly. Geopolitical tensions affecting global energy flows, Federal Reserve policy signals, and broader commodity market sentiment also influence NG direction. Seasonal transitions in spring can create volatility as heating demand wanes. Unexpected production outages, pipeline maintenance, or shifts in renewable energy generation can trigger sharp moves. Traders should monitor weekly EIA storage data, weather pattern changes, and energy sector news closely in the weeks leading to March 31.