Senzoukria · Futures contracts

BTCN7 expiry: July 30, 2027

BTCN7 is the July 2027 delivery of Bitcoin (CME) on CME. Its last trading day is July 30, 2027, and the app moves its default to the next listed month on July 26, 2027, 4 calendar days earlier. One tick is 5, worth $25.00, on a multiplier of 5.

Updated September 2026First published 16 October 2026

On this page
  1. Contract specifications
  2. When BTCN7 stops trading
  3. When the volume actually leaves
  4. What one tick is worth on BTCN7
  5. Every BTC delivery listed in 2027
  6. BTCN7 and MBTN7 side by side
  7. Related pages
  8. In the same section
  9. This page in other languages
  10. Frequently asked questions

Contract specifications

Contract symbol
BTCN7
Product
Bitcoin (CME) (BTC)
Exchange
CME
Delivery month
July 2027 (code N)
Last trading day
July 30, 2027
Default rolls on
July 26, 2027 (4 days before)
Tick size
5
Tick value
$25.00
Point value
$5.00
Next delivery
BTCQ7 (August 27, 2027)

When BTCN7 stops trading

Trading terminates at 4:00 p.m. London time on the last Friday of the contract month. For BTCN7 that falls on July 30, 2027.

Senzoukria stops offering BTCN7 as the default contract on July 26, 2027, 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 BTCN7 the next listed delivery is BTCQ7, whose last trading day is August 27, 2027. That is the contract the volume moves into, just as it moved out of BTCM7 on June 21, 2027.

What one tick is worth on BTCN7

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 BTCN7 position and the rows of its footprint come from the same numbers.

Every BTC delivery listed in 2027

BTC lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). BTCN7 is number 7 of 12 in 2027.

BTC 2027: last trading day and roll date of every listed delivery
ContractDeliveryLast trading dayDefault rolls on
BTCF7Jan 2027Jan 29, 2027Jan 25, 2027
BTCG7Feb 2027Feb 26, 2027Feb 22, 2027
BTCH7Mar 2027Mar 26, 2027Mar 22, 2027
BTCJ7Apr 2027Apr 30, 2027Apr 26, 2027
BTCK7May 2027May 28, 2027May 24, 2027
BTCM7Jun 2027Jun 25, 2027Jun 21, 2027
BTCN7 (this page)Jul 2027Jul 30, 2027Jul 26, 2027
BTCQ7Aug 2027Aug 27, 2027Aug 23, 2027
BTCU7Sep 2027Sep 24, 2027Sep 20, 2027
BTCV7Oct 2027Oct 29, 2027Oct 25, 2027
BTCX7Nov 2027Nov 26, 2027Nov 22, 2027
BTCZ7Dec 2027Dec 31, 2027Dec 27, 2027

BTCN7 and MBTN7 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. BTCN7 and MBTN7 share the same last trading day, July 30, 2027, 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.

In the same section

This page in other languages

Frequently asked questions

When does BTCN7 expire?
The last trading day of BTCN7 is July 30, 2027. Trading terminates at 4:00 p.m. London time on the last Friday of the contract month.
When should I roll out of BTCN7?
The app switches its default to the next listed month on July 26, 2027, which is BTCQ7. 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 BTCN7 worth?
One tick of 5 is $25.00 per contract, and a full point is $5.00, on a multiplier of 5.
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