On this page
Contract specifications
- Contract symbol
- MBTZ7
- Product
- Micro Bitcoin (CME) (MBT)
- Exchange
- CME
- Delivery month
- December 2027 (code Z)
- Last trading day
- December 31, 2027
- Default rolls on
- December 27, 2027 (4 days before)
- Tick size
- 5
- Tick value
- $0.50
- Point value
- $0.10
- Next delivery
- first 2028 contract
When MBTZ7 stops trading
Trading terminates at 4:00 p.m. London time on the last Friday of the contract month. For MBTZ7 that falls on December 31, 2027.
Senzoukria stops offering MBTZ7 as the default contract on December 27, 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.
MBTZ7 is the last 2027 delivery listed for MBT, so the volume moves into the first 2028 contract.
What one tick is worth on MBTZ7
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 MBTZ7 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). MBTZ7 is number 12 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 | 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 (this page) | Dec 2027 | Dec 31, 2027 | Dec 27, 2027 |
MBTZ7 and BTCZ7 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. MBTZ7 and BTCZ7 share the same last trading day, December 31, 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
- MBTF8
- MBTX7
- MBT 2027
- BTCZ7
In the same section
This page in other languages
Frequently asked questions
- When does MBTZ7 expire?
- The last trading day of MBTZ7 is December 31, 2027. Trading terminates at 4:00 p.m. London time on the last Friday of the contract month.
- When should I roll out of MBTZ7?
- The app switches its default to the next listed month on December 27, 2027. 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 MBTZ7 worth?
- One tick of 5 is $0.50 per contract, and a full point is $0.10, on a multiplier of 0.1.