5-Year T-Note Futures Calculator
ZF · CBOT · tick 0.0078125 = $7.81 · point = $1,000.00
Worked example — A 10-tick move on 1 5-Year T-Note contract (ZF) is $78.12 — tick size 0.0078125 × tick value $7.81.
| Exchange | CBOT |
| Symbol | ZF |
| Contract unit | $100,000 face |
| Tick size | 0.0078125 |
| Tick value | $7.81 |
| Point value | $1,000.00 |
| Quote note | 1/4 of 1/32 of a point |
Full contract details: 5-Year T-Note specifications · positioning: 5-Year T-Note COT report · history: CSV.
FAQ
- What is one tick worth on 5-Year T-Note (ZF)?
- $7.81 per contract — the contract moves in 0.0078125 increments.
- What is a full point worth on ZF?
- $1,000.00 per contract (tick value ÷ tick size).
- How much is a 10-tick move on ZF?
- $78.12 per contract.
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Calculators are arithmetic on contract specifications, not advice. Futures trading involves substantial risk of loss. Specs from exchange sources, verified 2026-07-25 — methodology.