On this page
Contract specifications
- Contract symbol
- METZ7
- Product
- Micro Ether (CME) (MET)
- 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
- 0.5
- Tick value
- $0.05
- Point value
- $0.10
- Next delivery
- first 2028 contract
When METZ7 stops trading
Trading terminates at 4:00 p.m. London time on the last Friday of the contract month. For METZ7 that falls on December 31, 2027.
Senzoukria stops offering METZ7 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.
METZ7 is the last 2027 delivery listed for MET, so the volume moves into the first 2028 contract.
What one tick is worth on METZ7
The minimum price fluctuation is 0.5, which is $0.05 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 0.5 sets how finely the bid and ask volume of MET 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 METZ7 position and the rows of its footprint come from the same numbers.
Every MET delivery listed in 2027
MET lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). METZ7 is number 12 of 12 in 2027.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| METF7 | Jan 2027 | Jan 29, 2027 | Jan 25, 2027 |
| METG7 | Feb 2027 | Feb 26, 2027 | Feb 22, 2027 |
| METH7 | Mar 2027 | Mar 26, 2027 | Mar 22, 2027 |
| METJ7 | Apr 2027 | Apr 30, 2027 | Apr 26, 2027 |
| METK7 | May 2027 | May 28, 2027 | May 24, 2027 |
| METM7 | Jun 2027 | Jun 25, 2027 | Jun 21, 2027 |
| METN7 | Jul 2027 | Jul 30, 2027 | Jul 26, 2027 |
| METQ7 | Aug 2027 | Aug 27, 2027 | Aug 23, 2027 |
| METU7 | Sep 2027 | Sep 24, 2027 | Sep 20, 2027 |
| METV7 | Oct 2027 | Oct 29, 2027 | Oct 25, 2027 |
| METX7 | Nov 2027 | Nov 26, 2027 | Nov 22, 2027 |
| METZ7 (this page) | Dec 2027 | Dec 31, 2027 | Dec 27, 2027 |
METZ7 and ETHZ7 side by side
MET and ETH 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. METZ7 and ETHZ7 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. 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.
Related pages
- MET — Micro Ether
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Cash settlement
- Continuous contract
- ETH — Ether
- Micro contracts
- METF8
- METX7
- MET 2027
- ETHZ7
In the same section
This page in other languages
Frequently asked questions
- When does METZ7 expire?
- The last trading day of METZ7 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 METZ7?
- 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 METZ7 worth?
- One tick of 0.5 is $0.05 per contract, and a full point is $0.10, on a multiplier of 0.1.