What is one tick worth on 30-Day Fed Funds (ZQ)?

$20.84 per contract — the contract moves in 0.005 increments.

What is a full point worth on ZQ?

$4,167.00 per contract (tick value ÷ tick size).

30-Day Fed Funds Futures Calculator

ZQ · CBOT · tick 0.005 = $20.84 · point = $4,167.00

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Worked example — A 10-tick move on 1 30-Day Fed Funds contract (ZQ) is $208.35 — tick size 0.005 × tick value $20.84.

Exchange	CBOT
Symbol	ZQ
Contract unit	$4,167 x IMM index
Tick size	0.005
Tick value	$20.84
Point value	$4,167.00
Quote note	expiring month ticks at 0.0025 = $10.4175 from the Sunday before the spot month

Full contract details: 30-Day Fed Funds specifications · positioning: 30-Day Fed Funds COT report · history: CSV.

FAQ

What is one tick worth on 30-Day Fed Funds (ZQ)?: $20.84 per contract — the contract moves in 0.005 increments.
What is a full point worth on ZQ?: $4,167.00 per contract (tick value ÷ tick size).
How much is a 10-tick move on ZQ?: $208.35 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.