Metals and energy · Industrial metal

Copper perpetual (COPPERUSDT) on QATS Prop

Copper (COPPERUSDT) is a USDT-margined perpetual future you can trade on QATS Prop TradFi challenges, one of 33 instruments on that line. It is priced from Binance, takes leverage up to 10× on the current plans, trades around the clock and never expires.

Compiled by the QATS team from the live instrument catalogue · checked

COPPERUSDT at a glance

Symbol
COPPERUSDT, a USDT-margined perpetual future with no expiry
Challenge
QATS Prop TradFi challenges
Priced from
Binance
Listed on
Binance only
Max leverage
Up to 10× on the current plans, chosen per order
Funding
The exchange’s funding rate, paid or received at its funding times and added to the position’s P&L
Risk day
Starts at 17:00 Chicago time, an accounting boundary, not a pause
Hours
24/7; busiest in London and New York hours

What is Copper?

Copper: the metal that wires the world, and a gauge of the global economy.

Copper goes into construction, power grids, electronics and electric vehicles, so demand for it rises and falls with industrial activity. China consumes about half of the world’s supply.

Traders read it as a signal of economic health. Chinese data, mine disruptions in Chile and Peru, and tariffs on metals move it; the build-out of power grids and data centres supports long-term demand.

Quoted in
US dollars per pound
Largest consumer
China
Main sources
Chile and Peru

What moves the price of Copper?

Chinese demand
Construction and manufacturing data from China.
Mine supply
Strikes, accidents and policy in Chile and Peru.
Tariffs
Trade measures on metals split prices between regions.
Electrification
Grid, data-centre and vehicle demand.

What do traders watch?

  • Chinese economic data
  • Mine disruption news
  • US trade policy

When does COPPERUSDT trade?

Trades around the clock. It is most active from the London morning through the New York afternoon, and quietest in late US hours and at weekends.

What are the risks of trading Copper on a prop account?

  • This is a perpetual contract: it has no expiry, and its price can sit slightly above or below the market it follows.
  • Thin trading on this instrument: the spread is wider than on gold or oil.

Sources

  1. 01Bybit: Introduction to Funding Ratebybit.com
  2. 02Bybit API: TradFi integrationbybit-exchange.github.io
  3. 03World Gold Council: Gold pricesgold.org
FAQ3 questions

Frequently asked questions

01Can I trade Copper with a prop firm?

Yes. Copper (COPPERUSDT) is on QATS Prop TradFi challenges as a USDT-margined perpetual, priced from Binance. It is listed on Binance only, has no expiry and trades 24/7.

02What leverage can I use on COPPERUSDT at QATS Prop?

Up to 10× on the current plans. You choose the leverage of each order up to that ceiling; the account’s daily loss limit and maximum loss still apply to the position.

03When can I trade COPPERUSDT?

Trades around the clock. It is most active from the London morning through the New York afternoon, and quietest in late US hours and at weekends.

Educational content, not investment advice. This page describes what the market is and does not forecast its price. Evaluation and Funded accounts are simulated; Live Funded is real capital by separate review. Which instruments an account can trade is set by its plan and checked on every order.

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