Metals and energy · Precious and industrial metal
Palladium perpetual (XPDUSDT) on QATS Prop
Palladium (XPDUSDT) 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
XPDUSDT at a glance
- Symbol
XPDUSDT, 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 Palladium?
Palladium: the metal that cleans petrol-engine exhaust.
Palladium’s use is even more concentrated than platinum’s: about four fifths goes into catalytic converters for petrol vehicles. Russia and South Africa produce most of it.
That makes it a bet on petrol-car production and on supply from two countries. Sanctions news and the shift to electric vehicles are its main long-term forces. On this venue it trades thinly, and only on Binance.
- Quoted in
- US dollars per troy ounce
- Main sources
- Russia and South Africa
- Largest use
- Petrol-vehicle catalysts
What moves the price of Palladium?
- Car production
- Petrol-vehicle output sets most of demand.
- Supply from Russia
- Sanctions and export news move it sharply.
- Electric vehicles
- Their rising share reduces long-term demand.
- Platinum
- Price gaps between the two metals trigger substitution.
What do traders watch?
- Sanctions and trade news
- Car sales data
- Platinum direction
When does XPDUSDT 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 Palladium 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: larger orders move the price, and the spread widens in quiet hours.
Related instruments
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Frequently asked questions
01Can I trade Palladium with a prop firm?
Yes. Palladium (XPDUSDT) 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 XPDUSDT 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 XPDUSDT?
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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