By Reid KashUpdated How we calculate
These calculators are free and need no signup. They cover tick value, position size, expectancy and fees, and the table below lists the tick value of every CME Group contract we support. Check a trade's maths before you place it, or work out what a finished one should have paid.
Free futures calculators
Contract Size Calculator
Tick value, point value, and the notional exposure one futures contract actually controls — with the exchange and clearing fees most calculators leave out.
Futures Market Hours
Is the market open right now? Live CME Globex status, hours by product in ET and CT, and every holiday early close for 2026–27.
Roll Dates & Expiration
Countdown to the next quarterly roll for ES, NQ, MNQ and MES, plus the second-Thursday / third-Friday rule behind it.
Profit Factor & Expectancy Calculator
Enter your win rate and average win/loss to get profit factor, expectancy and R-multiples, and see whether your edge pays.
Win Rate Calculator
Win %, the break-even win rate for your reward-to-risk, and the range your true win rate is likely in.
Prop Firm Drawdown Calculator
Your trailing, end-of-day or static drawdown floor, the distance to it, and a consistency rule check.
Monte Carlo Simulation Calculator
Your odds of ruin, expected drawdown and ending balance from a win rate, average R and risk per trade.
Risk-Reward Ratio Calculator
RR ratio from your entry, stop and target, in dollars and after fees, with the win rate it needs to pay.
Position Size Calculator
Size a futures or forex position from your account balance, risk % and stop-loss distance, in contracts or lots.
Calculators by contract
Tick value, contract size and round-turn venue fees for a specific futures product.
Futures tick value for every contract
Tick size is the smallest price move a contract allows. Tick value is what one tick is worth in dollars per contract. Point value is what a full point is worth, so tick value equals tick size times point value. Each symbol links to its own calculator.
| Symbol | Contract | Exchange | Tick size | Tick value | Point value |
|---|---|---|---|---|---|
| ES | E-mini S&P 500 | CME | 0.25 | $12.50 | $50.00 |
| MES | Micro E-mini S&P 500 | CME | 0.25 | $1.25 | $5.00 |
| NQ | E-mini Nasdaq-100 | CME | 0.25 | $5.00 | $20.00 |
| MNQ | Micro E-mini Nasdaq-100 | CME | 0.25 | $0.50 | $2.00 |
| RTY | E-mini Russell 2000 | CME | 0.1 | $5.00 | $50.00 |
| M2K | Micro E-mini Russell 2000 | CME | 0.1 | $0.50 | $5.00 |
| YM | E-mini Dow | CBOT | 1 | $5.00 | $5.00 |
| MYM | Micro E-mini Dow | CBOT | 1 | $0.50 | $0.50 |
| CL | Crude Oil | NYMEX | 0.01 | $10.00 | $1,000.00 |
| MCL | Micro Crude Oil | NYMEX | 0.01 | $1.00 | $100.00 |
| GC | Gold | COMEX | 0.1 | $10.00 | $100.00 |
| MGC | Micro Gold | COMEX | 0.1 | $1.00 | $10.00 |
| SI | Silver | COMEX | 0.005 | $25.00 | $5,000.00 |
| NG | Natural Gas | NYMEX | 0.001 | $10.00 | $10,000.00 |
| ZB | 30-Year U.S. Treasury Bond | CBOT | 0.03125 | $31.25 | $1,000.00 |
| ZN | 10-Year U.S. Treasury Note | CBOT | 0.015625 | $15.63 | $1,000.00 |
| 6E | Euro FX | CME | 0.00005 | $6.25 | $125,000.00 |
How to calculate futures profit and loss
P&L = (exit − entry) ÷ tick size × tick value × contracts, then subtract round-turn commissions and fees. For a short trade, use entry minus exit. The same thing in points is price move × point value × contracts.
- Long 2 ES, 5,000.00 to 5,008.50. The move is 8.50 points, or 34 ticks of 0.25. 34 ticks × $12.50 × 2 contracts = $850.00 before fees.
- Long 10 MNQ, 20,000.00 to 20,025.50. The move is 25.50 points, or 102 ticks of 0.25. 102 ticks × $0.50 × 10 contracts = $510.00 before fees.
The micro contract in the second example has the same 0.25-point tick as its full-size sibling but a smaller tick value ($0.50 against $5.00 for NQ), which is why micros suit smaller accounts. Fees come off the result: the contract size calculator includes exchange and clearing fees, and the position size calculator turns a stop distance and account risk into a number of contracts.
If you trade futures regularly, the ExpectancyIQ trading journal uses these same contract specs to check the P&L on futures trades you import. This page is educational, not financial advice.
Futures calculator questions
What is the tick value of ES?
How do you calculate futures profit?
What is the difference between tick value and point value?
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