Natural Gas (NATGAS) Perp Price
Go long or short on natural gas with perpetual futures (perps), on fomo web and mobile.
Mark price
past 24 hours
Not available in the U.S. or to U.S. persons.
Natural gas perp price chart
Closing trade prices from Hyperliquid, in your time zone.
Market Stats
- Oracle price
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- Funding (1h)
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- Open interest
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- 24h volume
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- Max leverage
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Oracle price: from outside markets Sunday 6 PM to Friday 5 PM ET, except 5 to 6 PM ET Monday to Thursday; from Trade[XYZ]’s own order book at other times and on market holidays. Live data from Hyperliquid.
Natural gas perps on fomo
- Funding
- Paid every hour, by one side to the other
- Provided by
- Trade[XYZ]
- Fees
- fomo 0.05% per trade + protocol trading fee
Perps are leveraged and carry a high risk of fast losses. Stock and commodity perps may not have the insurance fund or backstop protections some other markets have. That raises the risk that the protocol reduces or closes positions, even profitable ones, at prices it sets (auto-deleveraging).
What is a natural gas perp?
A natural gas perp follows the Henry Hub price, the main U.S. benchmark for natural gas, taken from gas futures. You can go long if you expect gas prices to rise, or short if you expect them to fall, and no gas is ever delivered. There’s no expiry date to manage, so you can hold it as long as your margin holds up. On fomo, natural gas perps are provided by Trade[XYZ], with up to 10x leverage, on web, iOS and Android.
How to trade natural gas perps on fomo
- Log in to fomo on web or mobile, confirm you’re not a U.S. Person, and move USDC into your perps cash balance (minimum 5 USDC).
- Open Perps and pick NATGAS.
- Pick long or short, set your size (minimum 15 USDC, including leverage) and leverage, on isolated margin (this market has no cross margin), add take profit or stop loss, and confirm.
What moves the natural gas price
- Weather
- Cold winters raise heating demand and hot summers raise demand from power plants, so forecasts move the price.
- Storage
- Weekly U.S. storage reports show whether stocks are building or falling compared with what’s normal for the season.
- LNG exports
- Gas shipped abroad as liquefied natural gas (LNG) adds demand, so outages at U.S. export plants can move the price.
- Production
- U.S. output, much of it from shale, sets supply, and extreme cold can cut it suddenly by freezing wells.
Popular commodity perps on fomo
Every Hyperliquid and Trade[XYZ] perps market is tradeable on fomo: crypto, stocks, indices, commodities and pre-IPO. Each market page shows the live mark price, a price chart, funding and open interest.
| Market | Price | 24h change | Max leverage |
|---|---|---|---|
 Gold GOLD · Commodity | -- | -- | -- |
 Silver SILVER · Commodity | -- | -- | -- |
 WTI crude oil WTIOIL · Commodity | -- | -- | -- |
Natural gas NATGAS · Commodity | -- | -- | -- |
Mark prices from Hyperliquid, refreshed every 20 seconds. Max leverage depends on the market.
Learn before you trade
Natural gas perps FAQ
What leverage can I use on natural gas?
Up to 10x on fomo. Lower leverage gives your position more room before liquidation.
Learn more: Leverage on perps
What price does the natural gas perp track?
The Henry Hub price, in U.S. dollars per million British thermal units (MMBtu). Henry Hub is a pipeline hub in Louisiana and the pricing point for U.S. natural gas futures.
Will I have to take delivery of natural gas?
No. The perp only tracks the price, so no gas is ever delivered to you.
Can I short natural gas on fomo?
Yes. Choose short when you open the position if you expect gas prices to fall. If they rise instead, the position loses value and can be liquidated.
Do natural gas perps expire?
No. The perp never expires, even though the gas futures it tracks do, every month. Its reference shifts to the next month’s contract over a few days on a set schedule, so you never roll a position yourself.
Updated November 2026. Product details come from fomo’s Terms of Service, Help Center and release notes; leverage and live data from Hyperliquid.