Spot-Quoted Futures

Gain direct access to benchmark indices and leading cryptocurrencies at spot prices with Spot-Quoted futures. Trade smaller, longer-dated contracts with low margins – specifically designed for active traders.

Access spot prices on a highly regulated exchange, bringing you the flexibility of contracts for difference (CFDs) with the transparency of futures. Trade smaller, longer-dated contracts with low margins – specifically designed for active traders.

Trade at the spot price

Enter your position at the current spot market price, providing alignment with the cash market.

Make your capital go further

Use smaller contracts and lower margin to enter markets, making trading more accessible with less upfront capital.

Strategize for the long-term (and short)

Eliminate monthly or quarterly rolls. The annual expiry can give you the flexibility to trade intraday or longer term, up to a year.

Explore our Spot-Quoted futures products

Access a more straightforward way to trade small-sized products across U.S. indices and cryptocurrencies.

Quotes are delayed by at least 10 minutes.

*Derivatives referencing cryptocurrencies are not available for investors in the UK

Access a more straightforward way to trade small-sized products across U.S. indices and cryptocurrencies.* 

Quotes are delayed by at least 10 minutes.


Spot-Quoted futures fundamentals with Craig

Craig Bewick, Sr. Director, Retail Education, explains the key features of Spot-Quoted futures, how they differ from Micro- and full-sized contracts, and easy-to-understand trading examples.

Spot-Quoted futures pricing calculator

Spot-Quoted futures trade at the current spot price of the underlying index or cryptocurrency with a financing adjustment included at the end of the day to account for the economics of a futures contract.

The QuikStrike SQF pricing calculator helps you understand how the total financing adjustment affects your position and breaks down the financing component to allow you to confidently trade Spot-Quoted futures.

This tool is based on historical data. A trade date will be added to the tool once the financing adjustment for that day has been calculated, typically around 4:00 p.m. CT.


Spot-Quoted futures product data

View historical data on key components of Spot-Quoted futures.

Spot-Quoted Cryptocurrency marker

View the CME CF daily crypto marker used to calculate the total financing adjustment for QBTC and QETH. View the methodology.

Spot-Quoted Cryptocurrency marker

View the daily reference rates used to calculate the total financing adjustment for QBTC and QETH*. View the methodology.

Where to trade Spot-Quoted futures

CME Group futures contracts are traded through registered futures brokers. Choose from the options below to find a broker.

**Please note: The list is provided solely for informational purposes and is not an endorsement of any particular broker. It is not verification of legal registration, the broker's status or the firm's ability to solicit or carry customer accounts. Read additional important considerations about the brokers found on and off of this list. Don’t see your preferred broker? You have more choices. Search our full directory of firms to find the right match. Find a broker

Courses to build your knowledge

Learn more about Spot-Quoted futures

Understand how Spot-Quoted futures work, including how these contracts are priced and how they compare with other futures.

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2025 CME Group Inc. All rights reserved.