Stocks · US stock · Software

Palantir perpetual (PLTRUSDT) on QATS Prop

Palantir (PLTRUSDT) 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

PLTRUSDT at a glance

Symbol
PLTRUSDT, 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 Palantir?

Palantir: data and AI software for governments and large companies.

Palantir builds software that lets organisations combine and analyse their data, and increasingly run AI on it. It began with defence and intelligence agencies and now earns a growing share from commercial customers.

It is valued far more richly than most software companies, so the stock swings widely with expectations: results, large contracts and changes in government spending all move it.

Listed on
Nasdaq
Sector
Software
Customers
Governments and large companies

What moves the price of Palantir?

Commercial growth
How fast companies adopt its AI platform.
Government contracts
Defence and agency spending decisions.
Valuation
A high price relative to sales magnifies every surprise.
Retail interest
It is among the stocks most traded by individual investors.

What do traders watch?

  • Palantir earnings dates
  • Contract announcements
  • US defence budget news

When does PLTRUSDT 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 Palantir 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 Palantir with a prop firm?

Yes. Palantir (PLTRUSDT) 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 PLTRUSDT 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 PLTRUSDT?

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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