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Contract specifications
- Contract symbol
- MBTQ7
- Product
- Micro Bitcoin (CME) (MBT)
- 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
- $0.50
- Point value
- $0.10
- Next delivery
- MBTU7 (September 24, 2027)
When MBTQ7 stops trading
Trading terminates at 4:00 p.m. London time on the last Friday of the contract month. For MBTQ7 that falls on August 27, 2027.
Senzoukria stops offering MBTQ7 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 MBTQ7 the next listed delivery is MBTU7, whose last trading day is September 24, 2027. That is the contract the volume moves into, just as it moved out of MBTN7 on July 26, 2027.
What one tick is worth on MBTQ7
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 MBTQ7 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). MBTQ7 is number 8 of 12 in 2027.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| MBTF7 | Jan 2027 | Jan 29, 2027 | Jan 25, 2027 |
| MBTG7 | Feb 2027 | Feb 26, 2027 | Feb 22, 2027 |
| MBTH7 | Mar 2027 | Mar 26, 2027 | Mar 22, 2027 |
| MBTJ7 | Apr 2027 | Apr 30, 2027 | Apr 26, 2027 |
| MBTK7 | May 2027 | May 28, 2027 | May 24, 2027 |
| MBTM7 | Jun 2027 | Jun 25, 2027 | Jun 21, 2027 |
| MBTN7 | Jul 2027 | Jul 30, 2027 | Jul 26, 2027 |
| MBTQ7 (this page) | Aug 2027 | Aug 27, 2027 | Aug 23, 2027 |
| MBTU7 | Sep 2027 | Sep 24, 2027 | Sep 20, 2027 |
| MBTV7 | Oct 2027 | Oct 29, 2027 | Oct 25, 2027 |
| MBTX7 | Nov 2027 | Nov 26, 2027 | Nov 22, 2027 |
| MBTZ7 | Dec 2027 | Dec 31, 2027 | Dec 27, 2027 |
MBTQ7 and BTCQ7 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. MBTQ7 and BTCQ7 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.
Related pages
- MBT — Micro Bitcoin
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Cash settlement
- Continuous contract
- BTC — Bitcoin
- Micro contracts
- MBTU7
- MBTN7
- MBT 2027
- BTCQ7
In the same section
This page in other languages
Frequently asked questions
- When does MBTQ7 expire?
- The last trading day of MBTQ7 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 MBTQ7?
- The app switches its default to the next listed month on August 23, 2027, which is MBTU7. 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 MBTQ7 worth?
- One tick of 5 is $0.50 per contract, and a full point is $0.10, on a multiplier of 0.1.