Stocks · US stock · Retail brokerage

Robinhood perpetual (HOODUSDT) on QATS Prop

Robinhood (HOODUSDT) 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

HOODUSDT at a glance

Symbol
HOODUSDT, a USDT-margined perpetual future with no expiry
Challenge
QATS Prop TradFi challenges
Priced from
Binance
Listed on
Binance and Bybit
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; the stock trades 09:30–16:00 New York

What is Robinhood?

Robinhood: the trading app of a generation of individual investors.

Robinhood offers commission-free trading in stocks, options and crypto, and earns from the order flow, from interest on customer balances and from subscriptions.

Its income rises and falls with how much individuals trade, so the stock is a gauge of retail risk appetite. Crypto activity and interest rates matter as well.

Listed on
Nasdaq
Sector
Financial technology
Main income
Trading activity and interest

What moves the price of Robinhood?

Retail trading activity
Options and crypto volumes drive transaction revenue.
Interest rates
Lower rates reduce income on customer cash.
Crypto markets
A meaningful share of its trading revenue.
New products
Expansion into retirement, banking and prediction markets.

What do traders watch?

  • Robinhood earnings dates
  • Monthly trading-volume updates
  • Bitcoin direction

When does HOODUSDT trade?

The perpetual trades around the clock, but it follows a market that is open 09:30 to 16:00 New York time. Outside those hours, and at weekends, the book is thinner and spreads are wider.

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

  • Results are published four times a year, after or before the New York session. A move of several percent in minutes is normal on those days.
  • The market it follows is closed at weekends. A position held through the weekend meets Monday’s opening price, which can be far from Friday’s close.
  • 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. 02Bybit API: TradFi integrationbybit-exchange.github.io
  3. 03NYSE: Holidays and trading hoursnyse.com
FAQ3 questions

Frequently asked questions

01Can I trade Robinhood with a prop firm?

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

02What leverage can I use on HOODUSDT 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 HOODUSDT?

The perpetual trades around the clock, but it follows a market that is open 09:30 to 16:00 New York time. Outside those hours, and at weekends, the book is thinner and spreads are wider.

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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