LoadingLoadingLoadingThe natural gas perpetual on Hyperliquid trades at $3.10, 1.5% higher than 24 hours ago, as of . Open interest is $24.6M, 24 hour volume is $22.0M and funding is 0.0004% an hour (longs pay shorts). It is a perpetual contract that follows the price of Henry Hub natural gas, not physical natural gas, and it keeps trading when the futures market is closed.
Longs pay shorts
Venue: Hyperliquid, the xyz dex run by trade[XYZ], market xyz:NATGAS. Read . Refreshed about every hour.
The venue reads the natural gas futures price from Sunday 6:00 PM to Friday 5:00 PM ET, with a gap from 5:00 to 6:00 PM ET each day. The Hyperliquid perpetual does not stop: it trades all week and all weekend, and only the source of its price changes.
Schedule and pricing rules from trade[XYZ]'s documentation, read 2026-11-03. The venue can change them. Sources: Commodity pricing, Roll schedules, How the oracle price works, Holiday closures, Contract specifications.
How far Hyperliquid's Natural Gas perpetual moved from Friday 5:00 PM to Sunday 6:00 PM ET and in the next hour. The next hour follows the normal futures reopen. A price record, not a return and not the futures price. The last four of 30 recorded weekends, to Friday 2026-10-23; Hyperliquid data read 2026-10-26.
| Friday | Friday to Sunday | Hour after reopen |
|---|---|---|
| 2026-10-23 | -0.25% | -1.89% |
| 2026-10-16 | -0.07% | -1.42% |
| 2026-10-09 | +0.06% | -0.19% |
| 2026-10-02 | -0.63% | -0.67% |
| Market | Price | 24h change | Funding per hour | Open interest | Hyperliquid market |
|---|---|---|---|---|---|
| WTI Crude Oil | $89.96 | -1% | 0.0006% | $174.0M | xyz:CL |
| Brent Crude Oil | $97.14 | -1% | 0.0006% | $393.3M | xyz:BRENTOIL |
| Gold | $4,075 | +0.7% | 0.0006% | $303.5M | xyz:GOLD |
| Silver | $52.13 | +0.3% | 0.0006% | $206.6M | xyz:SILVER |
| Natural Gas (this page) | $3.10 | +1.5% | 0.0004% | $24.6M | xyz:NATGAS |
| Copper | $6.27 | -0.3% | 0.0006% | $8.5M | xyz:COPPER |
| Platinum | $1,539 | +0.6% | 0.0006% | $2.9M | xyz:PLATINUM |
| S&P 500 | $7,390 | +0.3% | 0.0006% | $385.3M | xyz:SP500 |
| XYZ100 | $26,991 | -0.0074% | 0.0006% | $285.3M | xyz:XYZ100 |
| Palladium | $1,022 | +0.9% | 0.0006% | $2.1M | xyz:PALLADIUM |
| Diesel (ULSD) | $4.34 | -1.3% | -0.0079% | $119K | xyz:HO |
| Japan 225 | 58,186 | -0.4% | 0.0006% | $3.0M | xyz:JP225 |
| Korea 200 | 799.24 | -0.7% | 0.0024% | $1.0M | xyz:KR200 |
| NIFTY 50 | 24,874.00 | +1% | 0.0128% | $186K | xyz:NIFTY |
| EUR/USD | 1.1156 | -0.1% | 0.00000% | $31.1M | xyz:EUR |
| USD/JPY | 158.17 | -0.076% | 0.00000% | $32.9M | xyz:JPY |
| GBP/USD | 1.3378 | +0.09% | 0.0005% | $432K | xyz:GBP |
| SpaceX (SPCX) | $134.99 | +3.4% | 0.0006% | $162.9M | xyz:SPCX |
| Anthropic (ANT) | $97.89 | -5% | 0.0002% | $63.0M | xyz:ANT |
| OpenAI (OAI) | 1,332.6 | +1.3% | 0.0002% | $7.5M | io:OAI |
| Oura (OURA) | $48.34 | -0.6% | 0.00001% | $790K | xyz:OURA |
The NATGAS contract follows Henry Hub natural gas per MMBtu. WTI and Brent reference crude oil per barrel, so their dollar quotes are not directly comparable. Compare each named perpetual's funding, open interest and observation time separately. The weekend record measures perpetual price changes; it does not measure futures prices or copier returns.
The venue reads the futures price from Sunday 6:00 PM to Friday 5:00 PM ET, so it has no new price on weekends. Hyperliquid's perpetual keeps trading, and this page shows its latest price ($3.10, read ). On a weekend that price is set by Hyperliquid traders, not by futures trading.
Not exactly. While the futures market is open the venue uses its price as the oracle, but the mark price shown here also reflects the perpetual's own order book, so the two can differ. A perpetual has no expiry and carries a funding payment that a futures contract does not.
A designated contract for one MMBtu of Henry Hub natural gas, rolled to the next month early each month and blended across the roll. The venue's roll schedule lists the contract in use and the dates, and it can change.
Hyperliquid lists a perpetual contract that follows the price of Henry Hub natural gas. You get leveraged price exposure with no expiry date, not physical natural gas. Whether you can trade it depends on where you live, and AlphaYou shows research only in the US and Ontario.
The natural gas funding rate was 0.0004% per hour (about 3.7% a year) when read on . Longs pay shorts. Funding is a payment between longs and shorts every hour, not a fee paid to Hyperliquid, and it moves as the perpetual's price drifts from the market it follows.
Open interest in the natural gas perpetual was $24.6M and trading volume over the last 24 hours was $22.0M, with leverage up to 10x, read on .
No. Annualizing the current hourly rate illustrates that rate held constant for a year. Funding can change direction and magnitude. It is separate from entry and exit trading fees, and neither open interest nor trading volume tells you the cost of your own fill.
No. It reports where the perpetual traded at one moment, and it can move in either direction. This page is research, not investment advice.
Prices were read from Hyperliquid on and the page refreshes about every hour. Hyperliquid's own market page is the live source.