Trade Natural Gas (NATGAS) perps 24/7, permissionless
US natural gas priced at the Henry Hub benchmark. Demand swings with the weather, which makes it one of the most volatile commodities. The NATGAS perp on Based tracks the natural gas price around the clock. Commodity futures close every weekday evening and from Friday night to Sunday evening.
Natural Gas (NATGAS)
$2.80+0.3%24h
NYMEX (CME) · United States · quoted in USD
NATGAS trading hours on Based vs the futures market
Commodity futures trade nearly around the clock on weekdays, but they take a break every evening and shut down from Friday evening to Sunday evening, plus exchange holidays. The NATGAS perp on Based runs 24/7: no daily break, no weekend close, no holiday calendar.
The trade-off is the instrument. It is a perpetual future tracking the natural gas price, not the physical commodity. Positions carry liquidation risk, and funding fees apply while they are open.
How trading NATGAS works here
The NATGAS market lives on Hyperliquid, a decentralised platform, as a perpetual future that tracks the natural gas price. Based is the self-custody wallet you trade it from, not a broker. You get price exposure, long or short, with leverage available. You are not buying the physical commodity and nothing is ever delivered. Like every perp, positions carry liquidation risk, and funding fees apply while they are open.
Getting in takes a self-custodial wallet and USDC. No brokerage account, no bank account, no application.
Fees are flat and public: TradFi perps start at 0.011% taker and 0.005% maker, all-in, before any staking discounts. The full schedule is on the fees page.
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Frequently asked questions
- Can I trade natural gas on weekends?
- Yes. Commodity futures close every weekday evening and stay shut from Friday evening to Sunday evening, plus exchange holidays. The NATGAS perp on Based runs 24 hours a day, 7 days a week.
- Do I need a futures account to trade NATGAS?
- No. Based is not a broker. It is a self-custody wallet that connects you to Hyperliquid, the decentralised platform where the NATGAS market runs. No futures account, no brokerage account and no bank account.
- Am I buying physical natural gas on Based?
- No. What you trade through Based is a perpetual future on Hyperliquid tracking the natural gas price: a derivative, with no delivery and nothing to store. Like every perp it carries liquidation risk, and funding fees apply while a position is open.
- What do I need to start trading NATGAS?
- A self-custodial wallet and USDC to fund it. Connect the wallet, deposit, and trade. Setup usually takes a few minutes and does not involve an account application.
Start in three steps
- Step 1
Connect a wallet
Any self-custodial wallet works. No account application, no paperwork.
- Step 2
Fund it
Deposit USDC. You do not need a bank account to do it.
- Step 3
Trade 24/7
Stock perps, crypto perps and prediction markets. Nights, weekends, holidays.
Based is a self-custody wallet, not a broker. Markets are perpetual futures on Hyperliquid: derivatives with liquidation risk and funding fees, not the underlying stocks or coins.