Senzoukria · Futures contracts

MBTM7 expiry: June 25, 2027

MBTM7 is the June 2027 delivery of Micro Bitcoin (CME) on CME. Its last trading day is June 25, 2027, and the app moves its default to the next listed month on June 21, 2027, 4 calendar days earlier. One tick is 5, worth $0.50, on a multiplier of 0.1.

Updated September 2026First published 16 October 2026

On this page
  1. Contract specifications
  2. When MBTM7 stops trading
  3. When the volume actually leaves
  4. What one tick is worth on MBTM7
  5. Every MBT delivery listed in 2027
  6. MBTM7 and BTCM7 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
MBTM7
Product
Micro Bitcoin (CME) (MBT)
Exchange
CME
Delivery month
June 2027 (code M)
Last trading day
June 25, 2027
Default rolls on
June 21, 2027 (4 days before)
Tick size
5
Tick value
$0.50
Point value
$0.10
Next delivery
MBTN7 (July 30, 2027)

When MBTM7 stops trading

Trading terminates at 4:00 p.m. London time on the last Friday of the contract month. For MBTM7 that falls on June 25, 2027.

Senzoukria stops offering MBTM7 as the default contract on June 21, 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 MBTM7 the next listed delivery is MBTN7, whose last trading day is July 30, 2027. That is the contract the volume moves into, just as it moved out of MBTK7 on May 24, 2027.

What one tick is worth on MBTM7

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 MBTM7 position and the rows of its footprint come from the same numbers.

Every MBT delivery listed in 2027

MBT lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). MBTM7 is number 6 of 12 in 2027.

MBT 2027: last trading day and roll date of every listed delivery
ContractDeliveryLast trading dayDefault rolls on
MBTF7Jan 2027Jan 29, 2027Jan 25, 2027
MBTG7Feb 2027Feb 26, 2027Feb 22, 2027
MBTH7Mar 2027Mar 26, 2027Mar 22, 2027
MBTJ7Apr 2027Apr 30, 2027Apr 26, 2027
MBTK7May 2027May 28, 2027May 24, 2027
MBTM7 (this page)Jun 2027Jun 25, 2027Jun 21, 2027
MBTN7Jul 2027Jul 30, 2027Jul 26, 2027
MBTQ7Aug 2027Aug 27, 2027Aug 23, 2027
MBTU7Sep 2027Sep 24, 2027Sep 20, 2027
MBTV7Oct 2027Oct 29, 2027Oct 25, 2027
MBTX7Nov 2027Nov 26, 2027Nov 22, 2027
MBTZ7Dec 2027Dec 31, 2027Dec 27, 2027

MBTM7 and BTCM7 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. MBTM7 and BTCM7 share the same last trading day, June 25, 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 MBTM7 expire?
The last trading day of MBTM7 is June 25, 2027. Trading terminates at 4:00 p.m. London time on the last Friday of the contract month.
When should I roll out of MBTM7?
The app switches its default to the next listed month on June 21, 2027, which is MBTN7. 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 MBTM7 worth?
One tick of 5 is $0.50 per contract, and a full point is $0.10, on a multiplier of 0.1.
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