Crypto perpetuals · Cryptocurrency · smart-contract platform

Ether perpetual (ETHUSDT) on QATS Prop

Ether (ETHUSDT) is a USDT-margined perpetual future you can trade on QATS Prop Crypto challenges, one of 17 instruments on that line. It is priced from Binance or Bybit, the exchange chosen at checkout, takes leverage up to 20× on the current plans, trades around the clock and never expires.

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

ETHUSDT at a glance

Symbol
ETHUSDT, a USDT-margined perpetual future with no expiry
Challenge
QATS Prop Crypto challenges
Priced from
Binance or Bybit, the exchange chosen at checkout
Listed on
Binance and Bybit
Max leverage
Up to 20× 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 00:00 UTC
Hours
24/7, weekends included

What is Ether?

The largest platform for applications built on a blockchain, and the second-largest cryptocurrency.

Ether is the currency of Ethereum, the network most decentralised finance, stablecoins and tokenised assets run on. Every transaction pays a fee in ether, part of which is destroyed, and holders can stake their coins to secure the network and earn a yield.

It follows bitcoin most of the time, usually with larger moves, and adds drivers of its own: how much the network is used, how much is staked, and how activity shifts to the faster networks built on top of it.

Launched
2015
Maximum supply
No fixed cap; part of every fee is burned
Secured by
Proof of stake since 2022
Used for
Fees, staking, collateral

What moves the price of Ether?

Bitcoin and risk appetite
Ether rarely moves against bitcoin for long; the difference is the size of the move.
Network activity
Busy periods raise fees and the amount of ether burned; quiet ones do the opposite.
Staking and ETF flows
Coins locked in staking and flows in ether funds change how much is available to trade.
Upgrades
Scheduled network upgrades change fees, capacity and staking rules, and are traded in advance.

What do traders watch?

  • Bitcoin direction
  • Ether ETF flows
  • Network upgrade dates

When does ETHUSDT trade?

Trades around the clock, weekends included. Volume is usually deepest when European and US hours overlap, 13:00 to 17:00 UTC.

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

  • Crypto moves at any hour. A stop that is not placed is not there when the move happens overnight or at the weekend.
  • This is a perpetual contract: it has no expiry, and its price can sit slightly above or below the market it follows.

Sources

  1. 01Bybit: Introduction to Funding Ratebybit.com
  2. 02Investor.gov: Margin accountinvestor.gov
FAQ3 questions

Frequently asked questions

01Can I trade Ether with a prop firm?

Yes. Ether (ETHUSDT) is on QATS Prop Crypto challenges as a USDT-margined perpetual, priced from Binance or Bybit, the exchange chosen at checkout. It is listed on Binance and Bybit, has no expiry and trades 24/7.

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

Up to 20× 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 ETHUSDT?

Trades around the clock, weekends included. Volume is usually deepest when European and US hours overlap, 13:00 to 17:00 UTC.

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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