On this page
Contract specifications
- Contract symbol
- MBTK0
- Product
- Micro Bitcoin (CME) (MBT)
- Exchange
- CME
- Delivery month
- May 2030 (code K)
- Last trading day
- May 31, 2030
- Default rolls on
- May 27, 2030 (4 days before)
- Tick size
- 5
- Tick value
- $0.50
- Point value
- $0.10
- Next delivery
- MBTM0 (June 28, 2030)
When MBTK0 stops trading
Trading terminates at 4:00 p.m. London time on the last Friday of the contract month. For MBTK0 that falls on May 31, 2030.
Senzoukria stops offering MBTK0 as the default contract on May 27, 2030, 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 MBTK0 the next listed delivery is MBTM0, whose last trading day is June 28, 2030. That is the contract the volume moves into, just as it moved out of MBTJ0 on April 22, 2030.
What one tick is worth on MBTK0
The minimum price fluctuation is 5, which is $0.50 per contract on a multiplier of 0.1. A full point is therefore $0.10. 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 MBT 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 MBTK0 position and the rows of its footprint come from the same numbers.
Every MBT delivery listed in 2030
MBT lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). MBTK0 is number 5 of 12 in 2030.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| MBTF0 | Jan 2030 | Jan 25, 2030 | Jan 21, 2030 |
| MBTG0 | Feb 2030 | Feb 22, 2030 | Feb 18, 2030 |
| MBTH0 | Mar 2030 | Mar 29, 2030 | Mar 25, 2030 |
| MBTJ0 | Apr 2030 | Apr 26, 2030 | Apr 22, 2030 |
| MBTK0 (this page) | May 2030 | May 31, 2030 | May 27, 2030 |
| MBTM0 | Jun 2030 | Jun 28, 2030 | Jun 24, 2030 |
| MBTN0 | Jul 2030 | Jul 26, 2030 | Jul 22, 2030 |
| MBTQ0 | Aug 2030 | Aug 30, 2030 | Aug 26, 2030 |
| MBTU0 | Sep 2030 | Sep 27, 2030 | Sep 23, 2030 |
| MBTV0 | Oct 2030 | Oct 25, 2030 | Oct 21, 2030 |
| MBTX0 | Nov 2030 | Nov 29, 2030 | Nov 25, 2030 |
| MBTZ0 | Dec 2030 | Dec 27, 2030 | Dec 23, 2030 |
MBTK0 and BTCK0 side by side
MBT and BTC 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. MBTK0 and BTCK0 share the same last trading day, May 31, 2030, 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
- MBT — Micro Bitcoin
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Cash settlement
- Continuous contract
- BTC — Bitcoin
- Micro contracts
- MBTM0
- MBTJ0
- MBT 2030
- BTCK0
In the same section
This page in other languages
Frequently asked questions
- When does MBTK0 expire?
- The last trading day of MBTK0 is May 31, 2030. Trading terminates at 4:00 p.m. London time on the last Friday of the contract month.
- When should I roll out of MBTK0?
- The app switches its default to the next listed month on May 27, 2030, which is MBTM0. 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 MBTK0 worth?
- One tick of 5 is $0.50 per contract, and a full point is $0.10, on a multiplier of 0.1.