Senzoukria · Futures contracts

ETHQ7 expiry: August 27, 2027

ETHQ7 is the August 2027 delivery of Ether (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 0.5, worth $25.00, on a multiplier of 50.

Updated September 2026First published 16 October 2026

On this page
  1. Contract specifications
  2. When ETHQ7 stops trading
  3. When the volume actually leaves
  4. What one tick is worth on ETHQ7
  5. Every ETH delivery listed in 2027
  6. ETHQ7 and METQ7 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
ETHQ7
Product
Ether (CME) (ETH)
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
0.5
Tick value
$25.00
Point value
$50.00
Next delivery
ETHU7 (September 24, 2027)

When ETHQ7 stops trading

Trading terminates at 4:00 p.m. London time on the last Friday of the contract month. For ETHQ7 that falls on August 27, 2027.

Senzoukria stops offering ETHQ7 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 ETHQ7 the next listed delivery is ETHU7, whose last trading day is September 24, 2027. That is the contract the volume moves into, just as it moved out of ETHN7 on July 26, 2027.

What one tick is worth on ETHQ7

The minimum price fluctuation is 0.5, which is $25.00 per contract on a multiplier of 50. A full point is therefore $50.00. 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 0.5 sets how finely the bid and ask volume of ETH 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 ETHQ7 position and the rows of its footprint come from the same numbers.

Every ETH delivery listed in 2027

ETH lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). ETHQ7 is number 8 of 12 in 2027.

ETH 2027: last trading day and roll date of every listed delivery
ContractDeliveryLast trading dayDefault rolls on
ETHF7Jan 2027Jan 29, 2027Jan 25, 2027
ETHG7Feb 2027Feb 26, 2027Feb 22, 2027
ETHH7Mar 2027Mar 26, 2027Mar 22, 2027
ETHJ7Apr 2027Apr 30, 2027Apr 26, 2027
ETHK7May 2027May 28, 2027May 24, 2027
ETHM7Jun 2027Jun 25, 2027Jun 21, 2027
ETHN7Jul 2027Jul 30, 2027Jul 26, 2027
ETHQ7 (this page)Aug 2027Aug 27, 2027Aug 23, 2027
ETHU7Sep 2027Sep 24, 2027Sep 20, 2027
ETHV7Oct 2027Oct 29, 2027Oct 25, 2027
ETHX7Nov 2027Nov 26, 2027Nov 22, 2027
ETHZ7Dec 2027Dec 31, 2027Dec 27, 2027

ETHQ7 and METQ7 side by side

ETH and MET track the same underlying, but ETH is 500 times the size of MET: $25.00 a tick against $0.05. Both quote on the same 0.5 tick. ETHQ7 and METQ7 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. MET lets a 500-contract position carry the same exposure as one ETH, which makes partial exits possible on a small account; ETH carries the deeper book, so its footprint and its depth of market are the ones to read even when the position is held in MET.

In the same section

This page in other languages

Frequently asked questions

When does ETHQ7 expire?
The last trading day of ETHQ7 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 ETHQ7?
The app switches its default to the next listed month on August 23, 2027, which is ETHU7. 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 ETHQ7 worth?
One tick of 0.5 is $25.00 per contract, and a full point is $50.00, on a multiplier of 50.
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