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Contract specs

QI tick value & contract specs

E-mini Silver (QI) futures trade on COMEX. The price moves in ticks of 0.0125, each tick is worth $31.25 per contract, and a full one-point move is worth $2,500 per contract.

QI contract specifications

SymbolQI
ContractE-mini Silver
ExchangeCOMEX
Tick size0.0125
Tick value (per contract)$31.25
Point value (per contract)$2,500
Ticks per point80
Contract size2,500 troy ounces
Electronic hours (ET)Sun–Fri 6:00pm – 5:00pm, daily break 5:00–6:00pm

Hours shift around US holidays and early closes. Check CME Group's trading-hours page before relying on them for a specific date.

This is the smaller version of SI (Silver), which is worth $25 per tick. SI specs →

QI ticks to dollars

10 ticks × 1 contract = $312.50

QI tick value table

Dollar value of a move in QI before commissions, at $31.25 per tick per contract.

Ticks1 contract2 contracts5 contracts10 contracts
1$31.25$62.50$156.25$312.50
4$125$250$625$1,250
10$312.50$625$1,562.50$3,125
20$625$1,250$3,125$6,250
40$1,250$2,500$6,250$12,500

Worked example

You buy 2 QI contracts and the price rises 10 ticks. Profit before fees = 10 ticks × $31.25 × 2 contracts = $625. The same move against you is a loss of the same amount.

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Frequently asked questions

$31.25 per contract. QI moves in increments of 0.0125, and each increment changes the value of one contract by $31.25.

$2,500 per contract. One point is 80 ticks of 0.0125.

No. They are gross values from price movement alone. Your net result is lower by your broker's or prop firm's per-side fees; the fee guide lists current rates.

More contracts: Metals

Futures P&L calculator with QI selectedFutures Position Size Calculator (Free, No Signup) — FillbookFutures Trading Journal: Auto-Sync & Real Tick P&L — FillbookAll futures tick values

These are the tick and point values Fillbook uses to calculate P&L on every logged QI trade. Confirm specifications with the exchange before trading. COMEX contract specifications