Pick a contract to see its tick size and what one tick and one point are worth, then enter a move to price it. Specs come from the exchange's contract pages.
Futures tick value calculator
Tick values at a glance
| Symbol | Contract | Tick size | Tick value | Point value |
|---|---|---|---|---|
| ES | E-mini S&P 500 | 0.25 index points | $12.50 | $50.00 |
| MES | Micro E-mini S&P 500 | 0.25 index points | $1.25 | $5.00 |
| NQ | E-mini Nasdaq-100 | 0.25 index points | $5.00 | $20.00 |
| MNQ | Micro E-mini Nasdaq-100 | 0.25 index points | $0.50 | $2.00 |
| YM | E-mini Dow Jones Industrial Average ($5) | 1.00 index point | $5.00 | $5.00 |
| MYM | Micro E-mini Dow Jones Industrial Average | 1.00 index point | $0.50 | $0.50 |
| RTY | E-mini Russell 2000 | 0.10 index points | $5.00 | $50.00 |
| M2K | Micro E-mini Russell 2000 | 0.10 index points | $0.50 | $5.00 |
| CL | Light Sweet Crude Oil (WTI) | $0.01 per barrel | $10.00 | $1,000.00 |
| MCL | Micro WTI Crude Oil | $0.01 per barrel | $1.00 | $100.00 |
| NG | Henry Hub Natural Gas | $0.001 per MMBtu | $10.00 | $10,000.00 |
| GC | Gold | $0.10 per troy ounce | $10.00 | $100.00 |
| MGC | Micro Gold | $0.10 per troy ounce | $1.00 | $10.00 |
| SI | Silver | $0.005 per troy ounce (outright) | $25.00 | $5,000.00 |
| SIL | Micro Silver (1,000 oz) | $0.005 per troy ounce (outright) | $5.00 | $1,000.00 |
| HG | Copper | $0.0005 per pound | $12.50 | $25,000.00 |
| 6E | Euro FX (EUR/USD) | $0.00005 per euro | $6.25 | $125,000.00 |
| M6E | Micro EUR/USD | $0.0001 per euro | $1.25 | $12,500.00 |
| 6B | British Pound (GBP/USD) | $0.0001 per pound | $6.25 | $62,500.00 |
| 6J | Japanese Yen (JPY/USD) | $0.0000005 per yen | $6.25 | $12,500,000.00 |
| ZN | 10-Year U.S. Treasury Note | 1/2 of 1/32 of a point | $15.62 | $1,000.00 |
| ZB | U.S. Treasury Bond | 1/32 of a point | $31.25 | $1,000.00 |
| ZF | 5-Year U.S. Treasury Note | 1/4 of 1/32 of a point | $7.81 | $1,000.00 |
| ZT | 2-Year U.S. Treasury Note | 1/8 of 1/32 of a point | $7.81 | $2,000.00 |
Source: CME Group rulebook ES, MES, NQ, MNQ, YM, MYM, RTY, M2K, CL, MCL, NG, GC, MGC, SI, SIL, HG, 6E, M6E, 6B, 6J, ZN, ZB, ZF, ZT. Checked October 2026.
Tick value = tick size × point value. Prop firms set their own contract limits and commissions; those are on each firm review.
Questions traders ask
What is a tick in futures?
A tick is the smallest price step a contract can move. Its dollar value is fixed by the exchange for each contract, so a 10-tick move in one contract always pays or costs the same amount.
What is the difference between tick value and point value?
Point value is what a move of 1.00 in the quoted price is worth. Tick value is what the smallest allowed move is worth. For ES, a point is four ticks.