Is Monstrous Carabid legal in Standard, Modern, and Commander?

Monstrous Carabid is legal in: Modern, Legacy, Vintage, Commander, Pauper.

What type of card is Monstrous Carabid?

Monstrous Carabid is a Creature — Insect. Its oracle text reads: "This creature attacks each combat if able. Cycling {B/R} ({B/R}, Discard this card: Draw a card.) *What happens when a plane of predators collides with four planes of prey?* Power/Toughness: 4/4"