On this page
Contract specifications
- Contract symbol
- BTCJ8
- Product
- Bitcoin (CME) (BTC)
- Exchange
- CME
- Delivery month
- April 2028 (code J)
- Last trading day
- April 28, 2028
- Default rolls on
- April 24, 2028 (4 days before)
- Tick size
- 5
- Tick value
- $25.00
- Point value
- $5.00
- Next delivery
- BTCK8 (May 26, 2028)
When BTCJ8 stops trading
Trading terminates at 4:00 p.m. London time on the last Friday of the contract month. For BTCJ8 that falls on April 28, 2028.
Senzoukria stops offering BTCJ8 as the default contract on April 24, 2028, 4 calendar days before that last trading day, and keeps it selectable with a badge. The date is computed from the exchange rule rather than stored. The engine counts Monday to Friday and holds no CME holiday table, so a date that falls next to a public holiday can be one day off the exchange calendar. Check the exchange calendar when the date sits close to a holiday.
When the volume actually leaves
Crypto futures at CME expire monthly and settle against a reference rate rather than a physical asset. Liquidity concentrates in the front month and thins quickly once the roll has passed.
For BTCJ8 the next listed delivery is BTCK8, whose last trading day is May 26, 2028. That is the contract the volume moves into, just as it moved out of BTCH8 on March 27, 2028.
What one tick is worth on BTCJ8
The minimum price fluctuation is 5, which is $25.00 per contract on a multiplier of 5. A full point is therefore $5.00. On a footprint chart one row is one tick, so the same vertical space holds a different number of rows depending on the product: a tick of 5 sets how finely the bid and ask volume of BTC can be read.
These are the values the app itself trades on, taken from its contract table rather than retyped, so the P&L shown on a BTCJ8 position and the rows of its footprint come from the same numbers.
Every BTC delivery listed in 2028
BTC lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). BTCJ8 is number 4 of 12 in 2028.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| BTCF8 | Jan 2028 | Jan 28, 2028 | Jan 24, 2028 |
| BTCG8 | Feb 2028 | Feb 25, 2028 | Feb 21, 2028 |
| BTCH8 | Mar 2028 | Mar 31, 2028 | Mar 27, 2028 |
| BTCJ8 (this page) | Apr 2028 | Apr 28, 2028 | Apr 24, 2028 |
| BTCK8 | May 2028 | May 26, 2028 | May 22, 2028 |
| BTCM8 | Jun 2028 | Jun 30, 2028 | Jun 26, 2028 |
| BTCN8 | Jul 2028 | Jul 28, 2028 | Jul 24, 2028 |
| BTCQ8 | Aug 2028 | Aug 25, 2028 | Aug 21, 2028 |
| BTCU8 | Sep 2028 | Sep 29, 2028 | Sep 25, 2028 |
| BTCV8 | Oct 2028 | Oct 27, 2028 | Oct 23, 2028 |
| BTCX8 | Nov 2028 | Nov 24, 2028 | Nov 20, 2028 |
| BTCZ8 | Dec 2028 | Dec 29, 2028 | Dec 25, 2028 |
BTCJ8 and MBTJ8 side by side
BTC and MBT track the same underlying, but BTC is 50 times the size of MBT: $25.00 a tick against $0.50. Both quote on the same 5 tick. BTCJ8 and MBTJ8 share the same last trading day, April 28, 2028, so a position in either rolls on the same date.
The practical difference is position sizing rather than behaviour. MBT lets a 50-contract position carry the same exposure as one BTC, which makes partial exits possible on a small account; BTC carries the deeper book, so its footprint and its depth of market are the ones to read even when the position is held in MBT.
Related pages
- BTC — Bitcoin
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Cash settlement
- Continuous contract
- MBT — Micro Bitcoin
- BTCK8
- BTCH8
- BTC 2028
- MBTJ8
In the same section
This page in other languages
Frequently asked questions
- When does BTCJ8 expire?
- The last trading day of BTCJ8 is April 28, 2028. Trading terminates at 4:00 p.m. London time on the last Friday of the contract month.
- When should I roll out of BTCJ8?
- The app switches its default to the next listed month on April 24, 2028, which is BTCK8. In practice the volume moves before the calendar does, so compare the traded volume and open interest of the two months rather than waiting for the last trading day.
- How much is one tick of BTCJ8 worth?
- One tick of 5 is $25.00 per contract, and a full point is $5.00, on a multiplier of 5.