New on KCEX: $EQT.USDT perp, EQT Corp, the big US natural gas producer, live with up to 25x

KCEX EQT_USDT perp notes, official KCEX contract data around 10:45 AM ET Oct 26:

What it is: a USDT-margined perp tracking EQT Corp, one of the largest US natural gas producers. That makes it a stock perp with direct gas price sensitivity.

Live stats: last 53.26, 24h range 50.83 to 54.73, change -2.68%. Funding -0.0556%. Turnover about 45.9K USDT, open interest 467 contracts (about 2.5K USDT). Max 25x, contract size 0.1, fees 0% maker / 0.01% taker.

Setup: a V-shaped recovery from the 50.83 flush, with negative funding still paying longs. Upside reference is a retest of 54.73.

Invalidation: a 15m close under 52.40 means the bounce failed.

Risk: gas headlines can move this hard and the book is still thin. Not financial advice.

Bias: LONG. Price bounced off the 50.83 low back to around 53.26 and funding is negative at -0.056%.