TOTAL VOLUME:
$134.2b
24H VOL:
$126,590,312
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,439,516,703
404,175
Markets across
30,277
events
MATCHED EVENTS:
2,685
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 21, 5:00 PM EST
Kalshi
This event tracks the precise closing price of natural gas at a specific future moment, settling based on real-time market data at that exact timestamp. It tests participants' ability to predict short-term price movements in the commodity market.
Multiple markets exist with varying threshold prices for natural gas closing above specified values on September 21, 2026 at 5:00 PM EDT. All markets use the same settlement methodology: the closing price of the 1-minute candlestick at that exact time determines outcomes. Prices are rounded to three decimal places, with the close 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 is unavailable for the specified timestamp, the most recent published data is used for resolution. Each market resolves to "Yes" if the price exceeds its respective threshold, otherwise "No".
On Kalshi, this market is priced through a continuous double auction, where traders submit bids and offers for contracts representing different natural gas price outcomes. The current price of a contract reflects the market's assessment of the probability of that outcome occurring. 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 analysis, leading to a dynamic and efficient price discovery process. The market aggregates individual opinions into a single, transparent price signal, offering a valuable indicator of future expectations.
This market resolves around Sep 21, 2026, with the outcome confirmed once the natural gas price at 5:00 PM EDT on September 21, 2026, is verifiable from credible public reporting. The settlement price will be based on a widely recognized index for natural gas, ensuring transparency and objectivity. This provides a clear and unambiguous determination of the market’s outcome, allowing for fair and accurate settlement of all outstanding contracts. Traders can monitor the market leading up to this date to refine their predictions.
Several factors could significantly impact this market before Sep 21, 2026. Major geopolitical events, such as conflicts or disruptions to supply routes, could cause price volatility. Unexpected changes in weather patterns, particularly during peak demand seasons, can also influence natural gas prices. Furthermore, shifts in energy policy, technological advancements in renewable energy sources, and fluctuations in economic growth could all play a role. Monitoring these signals will be crucial for understanding how this market evolves over the next two years.