TOTAL VOLUME:
$154.4b
24H VOL:
$230,589,906
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,885,293,300
410,482
Markets across
40,213
events
MATCHED EVENTS:
4,340
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 30, 5:00 PM EST
Kalshi
The event tracks natural gas pricing at a specific moment in the future, reflecting how market participants anticipate energy demand, supply dynamics, and geopolitical factors might influence commodity values by late October 2026.
The event resolves based on the closing price of a one-minute candlestick for natural gas on October 30, 2026 at 5:00 PM EDT. If the price exceeds any of the specified thresholds—ranging from $0.999 to $4.899 USD per million British thermal units (MMBtu)—the corresponding market resolves to 'Yes.' Prices are rounded to the nearest three decimal places, with the closing price defined as the price at the end of the immediately preceding one-minute interval (e.g., the 4:59 PM candlestick closes at 5:00 PM). If data for the exact timestamp is unavailable, the most recent published data is used. Thresholds are evaluated sequentially, meaning any threshold met or exceeded triggers a resolution for that specific market outcome.
Currently, it's difficult to directly compare prediction market odds to traditional analyst forecasts for this specific event. However, generally, prediction markets often incorporate a wider range of information and perspectives than typical analyst reports. This market, like others, benefits from the ‘wisdom of the crowd’, potentially leading to more accurate predictions as new information becomes available. It’s worth noting that analysts’ forecasts can be influenced by biases or institutional pressures, whereas this market reflects the collective judgment of individuals with skin in the game.
On Kalshi, this market is priced using a continuous double auction, meaning buyers and sellers submit bids and offers, and trades occur when they match. The price reflects the probability of the natural gas price being above a certain level at the specified time. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders are constantly adjusting their prices based on new information and their own assessments of the future. This dynamic pricing mechanism ensures that the market reflects the most up-to-date expectations regarding natural gas prices, and allows participants to express their views on potential price movements.
This market resolves around Oct 30, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The resolution will be based on the closing price of natural gas on the relevant exchange at 5:00 PM EDT on October 30, 2026. The specific price used for resolution will be determined by publicly available data sources, ensuring a transparent and objective outcome. Traders should monitor these sources as the resolution date approaches to stay informed about the final determination of this market.
Several factors could significantly influence the natural gas price market between now and Oct 30, 2026. Major weather events, particularly extreme temperatures during the winter heating season, can dramatically impact demand. Changes in natural gas storage levels, geopolitical events affecting supply (such as disruptions in Russia or the Middle East), and shifts in economic conditions impacting industrial demand are also key drivers. Furthermore, regulatory changes related to energy production or consumption, and advancements in renewable energy technologies, could all contribute to price fluctuations in this market.