3-Month SOFR Futures Contract Specifications
SR3 · CME · one contract = $2,500 x IMM index
3-Month SOFR futures (SR3) trade on CME in 0.005-increment ticks worth $12.50 per contract; a full 1.0-point move is $2,500.00. One contract covers $2,500 x IMM index.
Specification table
| Name | 3-Month SOFR |
| Exchange | CME |
| Ticker symbol | SR3 |
| Contract unit | $2,500 x IMM index |
| Tick size | 0.005 |
| Tick value | $12.50 |
| Point value | $2,500.00 |
| CFTC contract code | 134741 |
| COT report families | legacy, tff |
| Quote convention | months within 4 months of expiry tick at 0.0025 = $6.25 |
Worked tick math
A 10-tick move on 1 3-Month SOFR contract (SR3) is $125.00 — tick size 0.005 × tick value $12.50. A 1-point move is 200 ticks = $2,500.00. Ten contracts moving 5 ticks = $625.00.
Run your own numbers: 3-Month SOFR futures calculator.
Positioning: large speculators are net short 2,665,085 contracts as of the 2026-07-21 COT report — full 3-Month SOFR COT data.
FAQ
- What is the tick size and value of 3-Month SOFR futures?
- 3-Month SOFR (SR3, CME) moves in 0.005 increments worth $12.50 per contract.
- What does one SR3 contract cover?
- One contract covers $2,500 x IMM index.
- How much is a full point on SR3?
- $2,500.00 — tick value ÷ tick size.
Related
3-Month SOFR COT report
3-Month SOFR calculator
3-Month SOFR COT history (CSV)
All contract specs
All calculators
Specs verified against exchange sources 2026-07-25; the exchange's own contract page is always authoritative. Not investment advice.