TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 7, 5:00 PM EST
Kalshi
This event tracks the natural gas futures price at a specific moment on July 07, 2026 at 5:00 PM EDT using the NGDQ6 contract. Natural gas is a key energy commodity whose price reflects supply conditions, seasonal demand, and geopolitical factors. The settlement uses the closing price of the 1-minute candlestick at the specified time.
Settlement is determined by comparing the 1-minute candlestick close price for natural gas (NGDQ6 contract) on July 07, 2026 at 5:00 PM EDT against multiple price thresholds ranging from $2.850 to $3.145 USD per MMBtu, each in $0.005 increments. Settlement is based on the nearest listed contract month, rolling forward to the next contract 5 business days before the current contract's last trading day. The close price represents the price at the end of the immediately preceding one-minute interval. All settlement values are rounded to the nearest 3 decimal places. If no data is published by the specified source agency for the exact time, the most recently available published data will be used for resolution.
Prediction market odds often diverge from traditional analyst forecasts because they reflect real-money incentives and crowd wisdom rather than institutional models alone. Traders in this market are financially motivated to price outcomes accurately, which can reveal information gaps or consensus blind spots in published forecasts. While analysts may rely on historical trends and fundamental models, prediction markets incorporate breaking news, geopolitical shifts, and trader conviction in real time. Comparing the two approaches can highlight where expert opinion and market sentiment align or diverge, offering a richer picture of natural gas price expectations.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell contracts representing different price ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each contract's price reflects the probability that natural gas will settle within that range at the specified time. Traders submit bids and asks, and the spread between them represents the current uncertainty around the outcome. As new information emerges or trader conviction shifts, prices adjust dynamically. The platform's matching engine ensures transparent price discovery, with all trades executed at agreed-upon levels.
This market resolves around Jul 7, 2026, at which point the outcome is confirmed against credible public sources. The specific natural gas price at that moment determines which outcome range is correct, and traders holding the winning contract receive their payout. Resolution is typically verified once official data is published and the event is no longer subject to dispute. Kalshi handles the final settlement automatically once the outcome is confirmed, crediting winning accounts with their profits.
Natural gas prices respond to supply disruptions, weather forecasts, storage inventory reports, and macroeconomic shifts. Unexpected production outages, geopolitical tensions affecting exports, or severe weather driving heating or cooling demand can trigger sharp price moves. Federal Reserve policy announcements and broader energy market trends also influence trader positioning. Seasonal demand cycles and inventory data releases are predictable catalysts that traders monitor closely. Any major shift in global energy supply or demand dynamics could reshape market expectations before the July 2026 settlement date.