Futures Contract Calculator — Tick Value & P&L
Official-style CME tick values for equity index, gold, and crude contracts, plus a P&L calculator. Want the same macro exposure without a futures account? Use the on-chain perps futures calculator to size USD notional with a web3 wallet.
Trading CME contracts? You are on the contract tick-value calculator.
Want the same exposure without a futures account?
On-chain perps futures calculator (USD notional + leverage).
Contract specifications (CME)
Checked 2026-10-19 — verify with your broker; margins vary.
| Contract | Exchange | Multiplier | Tick size | Tick value | Point value |
|---|---|---|---|---|---|
| ES | CME | $50 × index | 0.25 | $12.50 | $50 |
| MES | CME | $5 × index | 0.25 | $1.25 | $5 |
| NQ | CME | $20 × index | 0.25 | $5.00 | $20 |
| MNQ | CME | $2 × index | 0.25 | $0.50 | $2 |
| GC | CME | 100 troy oz | $0.10 | $10.00 | $100 / $1 |
| MGC | CME | 10 oz | $0.10 | $1.00 | $10 / $1 |
| CL | CME | 1,000 bbl | $0.01 | $10.00 | $1,000 / $1 |
| MCL | CME | 100 bbl | $0.01 | $1.00 | $100 / $1 |
Sources (checked 2026-10-19)
Results
- Ticks moved
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- P&L per contract
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- Total P&L
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- Notional per contract
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Worked examples
- MNQ 10 index points → 40 ticks × $0.50 = $20/contract.
- NQ same 10-point move → $200/contract.
- ES 5 points → 20 ticks × $12.50 = $250/contract.
- GC $5 move → 50 ticks × $10 = $500/contract.
- CL $0.50 move → 50 ticks × $10 = $500/contract.
MNQ tick value
One tick (0.25 index points) pays $0.50 per MNQ contract before fees.
ES tick value
One tick pays $12.50 per ES contract (0.25 × $50 point value).
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