30-Day Fed Funds COT Report
CFTC Commitments of Traders · report date 2026-07-21 (released Jul 24, 2026) · next report expected Jul 31, 2026 (regular cycle; see the release schedule for holiday shifts)
As of the Jul 21, 2026 COT report, large speculators are net short 392,302 30-Day Fed Funds futures contracts (up 15,277 week-over-week), commercials are net long 375,562, and open interest is 2,406,137 contracts.
-392,302
Large speculators net
375,562
Commercials net
2.1
COT index (3-year)
2,406,137
Open interest
Positioning — week of 2026-07-21
| Trader category | Net position | Weekly change | % of open interest | COT index 26w | COT index 52w | COT index 3y |
|---|---|---|---|---|---|---|
| Large speculators | -392,302 | +15,277 | -16.3% | 3.5 | 2.1 | 2.1 |
| Commercials | 375,562 | -16,643 | 15.6% | 96.2 | 97.6 | 97.6 |
| Small traders | 16,740 | +1,366 | 0.7% | 61.6 | 78.1 | 78.2 |
Net = long − short (spread positions cancel). COT index: 0 = most net-short of the lookback, 100 = most net-long. How it's computed.
Net positions since 1988
Traders in Financial Futures breakdown — week of 2026-07-21
| Category | Net position | Weekly change |
|---|---|---|
| Dealer/intermediary | 216,008 | +6,685 |
| Asset manager | 8,518 | -33,443 |
| Leveraged funds | -314,258 | +19,121 |
| Other reportables | 72,992 | +6,271 |
| Small traders | 16,740 | +1,366 |
Recent history
| Report date | Open interest | Large spec net | Δ | Commercial net | Δ | Small trader net |
|---|---|---|---|---|---|---|
| 2026-07-21 | 2,406,137 | -392,302 | +15,277 | 375,562 | -16,643 | 16,740 |
| 2026-07-14 | 2,276,254 | -407,579 | -53,326 | 392,205 | +60,901 | 15,374 |
| 2026-07-07 | 2,325,148 | -354,253 | -18,236 | 331,304 | +9,993 | 22,949 |
| 2026-06-30 | 2,430,120 | -336,017 | -36,614 | 321,311 | +39,253 | 14,706 |
| 2026-06-23 | 2,187,080 | -299,403 | -111,469 | 282,058 | +106,979 | 17,345 |
| 2026-06-16 | 2,095,395 | -187,934 | -10,879 | 175,079 | +3,119 | 12,855 |
| 2026-06-09 | 1,799,526 | -177,055 | -44,731 | 171,960 | +50,152 | 5,095 |
| 2026-06-02 | 1,701,171 | -132,324 | -25,525 | 121,808 | +23,752 | 10,516 |
| 2026-05-26 | 1,939,945 | -106,799 | -9,975 | 98,056 | +8,863 | 8,743 |
| 2026-05-19 | 1,908,126 | -96,824 | -54,824 | 89,193 | +57,311 | 7,631 |
| 2026-05-12 | 1,779,352 | -42,000 | -72,815 | 31,882 | +75,705 | 10,118 |
| 2026-05-05 | 1,594,391 | 30,815 | +45,127 | -43,823 | -43,589 | 13,008 |
| 2026-04-28 | 1,954,442 | -14,312 | -9,753 | -234 | +10,091 | 14,546 |
| 2026-04-21 | 1,862,668 | -4,559 | +23,202 | -10,325 | -23,483 | 14,884 |
| 2026-04-14 | 1,857,369 | -27,761 | +46,743 | 13,158 | -46,299 | 14,603 |
| 2026-04-07 | 1,840,266 | -74,504 | -23,798 | 59,457 | +27,927 | 15,047 |
| 2026-03-31 | 2,188,866 | -50,706 | -18,664 | 31,530 | +13,832 | 19,176 |
| 2026-03-24 | 2,214,221 | -32,042 | -8,643 | 17,698 | +13,183 | 14,344 |
| 2026-03-17 | 2,153,736 | -23,399 | +53,383 | 4,515 | -49,070 | 18,884 |
| 2026-03-10 | 1,987,045 | -76,782 | +83,463 | 53,585 | -85,530 | 23,197 |
| 2026-03-03 | 1,817,249 | -160,245 | +49,366 | 139,115 | -46,511 | 21,130 |
| 2026-02-24 | 2,334,560 | -209,611 | +21,570 | 185,626 | -27,238 | 23,985 |
| 2026-02-17 | 2,134,594 | -231,181 | -56,451 | 212,864 | +56,287 | 18,317 |
| 2026-02-10 | 1,937,470 | -174,730 | +19,973 | 156,577 | -16,726 | 18,153 |
| 2026-02-03 | 1,765,710 | -194,703 | -78,674 | 173,303 | +78,370 | 21,400 |
| 2026-01-27 | 2,345,798 | -116,029 | -38,218 | 94,933 | +37,510 | 21,096 |
Full history, no login: CSV (1988-10-14 → 2026-07-21) · JSON
Contract facts
(CONTRACTS OF $5,000,000)
Contract unit (CFTC)
ZQ
Ticker
CBOT
Exchange
045601
CFTC contract code
FAQ
- Are large speculators long or short 30-Day Fed Funds futures?
- As of the 2026-07-21 COT report, large speculators (non-commercial traders) are net short 392,302 contracts in 30-Day Fed Funds futures.
- How current is this 30-Day Fed Funds COT data?
- The latest report is dated 2026-07-21 (positions as of that Tuesday's close), published by the CFTC on 2026-07-24. This page updates within minutes of each weekly release.
- Where can I download 30-Day Fed Funds COT history?
- The full weekly series (1988-10-14 to 2026-07-21) is free at /data/cot/fed-funds.csv — no login, no cap.
Related markets
All COT markets
Interest Rates - Non U.S. Treasury
30-Day Fed Funds CSV
SOFR-1M COT
3-Month SOFR COT
Source: CFTC Commitments of Traders, legacy futures-only report, contract code 045601. Dataset coverage 1988-10-14 → 2026-07-21. Methodology.