Senzoukria · Futures contracts

BTCQ7 expiry: August 27, 2027

BTCQ7 is the August 2027 delivery of Bitcoin (CME) on CME. Its last trading day is August 27, 2027, and the app moves its default to the next listed month on August 23, 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 BTCQ7 stops trading
  3. When the volume actually leaves
  4. What one tick is worth on BTCQ7
  5. Every BTC delivery listed in 2027
  6. BTCQ7 and MBTQ7 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
BTCQ7
Product
Bitcoin (CME) (BTC)
Exchange
CME
Delivery month
August 2027 (code Q)
Last trading day
August 27, 2027
Default rolls on
August 23, 2027 (4 days before)
Tick size
5
Tick value
$25.00
Point value
$5.00
Next delivery
BTCU7 (September 24, 2027)

When BTCQ7 stops trading

Trading terminates at 4:00 p.m. London time on the last Friday of the contract month. For BTCQ7 that falls on August 27, 2027.

Senzoukria stops offering BTCQ7 as the default contract on August 23, 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 BTCQ7 the next listed delivery is BTCU7, whose last trading day is September 24, 2027. That is the contract the volume moves into, just as it moved out of BTCN7 on July 26, 2027.

What one tick is worth on BTCQ7

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 BTCQ7 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). BTCQ7 is number 8 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
BTCN7Jul 2027Jul 30, 2027Jul 26, 2027
BTCQ7 (this page)Aug 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

BTCQ7 and MBTQ7 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. BTCQ7 and MBTQ7 share the same last trading day, August 27, 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 BTCQ7 expire?
The last trading day of BTCQ7 is August 27, 2027. Trading terminates at 4:00 p.m. London time on the last Friday of the contract month.
When should I roll out of BTCQ7?
The app switches its default to the next listed month on August 23, 2027, which is BTCU7. 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 BTCQ7 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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