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Meta perpetual (METAUSDT) on QATS Prop

Meta (METAUSDT) 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

METAUSDT at a glance

Symbol
METAUSDT, 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 Meta?

Meta: Facebook, Instagram and WhatsApp, funded by advertising.

Meta’s applications are used by more than three billion people a day, and almost all of its revenue comes from advertising shown to them. It spends heavily on AI infrastructure and on virtual and augmented reality.

The stock is driven by advertising growth and by how investors feel about its spending. Results days often bring double-digit moves in either direction when spending plans surprise.

Listed on
Nasdaq
Sector
Social media and advertising
Main business
Advertising

What moves the price of Meta?

Advertising revenue
Growth in ad prices and volume across its applications.
Capital spending
The scale of its AI investment relative to revenue.
Regulation
Privacy, competition and child-safety rulings in the United States and Europe.
Engagement
Time spent in its applications against rival platforms.

What do traders watch?

  • Meta earnings dates
  • Spending guidance
  • Regulatory rulings

When does METAUSDT 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 Meta 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 Meta with a prop firm?

Yes. Meta (METAUSDT) 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 METAUSDT 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 METAUSDT?

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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