XK tick value & contract specs
Mini-Sized Soybeans (XK) futures trade on CBOT. The price moves in ticks of 0.125, each tick is worth $1.25 per contract, and a full one-point move is worth $10 per contract.
XK contract specifications
| Symbol | XK |
|---|---|
| Contract | Mini-Sized Soybeans |
| Exchange | CBOT |
| Tick size | 0.125 |
| Tick value (per contract) | $1.25 |
| Point value (per contract) | $10 |
| Ticks per point | 8 |
| Contract size | 1,000 bushels |
| Electronic hours (ET) | Sun–Fri 8:00pm – 8:45am, then 9:30am – 2:20pm |
XK is quoted in cents per unit, so the tick size is in cents and one point is one cent.
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 ZS (Soybeans), which is worth $12.50 per tick. ZS specs →
XK ticks to dollars
10 ticks × 1 contract = $12.50
XK tick value table
Dollar value of a move in XK before commissions, at $1.25 per tick per contract.
| Ticks | 1 contract | 2 contracts | 5 contracts | 10 contracts |
|---|---|---|---|---|
| 1 | $1.25 | $2.50 | $6.25 | $12.50 |
| 4 | $5 | $10 | $25 | $50 |
| 10 | $12.50 | $25 | $62.50 | $125 |
| 20 | $25 | $50 | $125 | $250 |
| 40 | $50 | $100 | $250 | $500 |
Worked example
You buy 2 XK contracts and the price rises 10 ticks. Profit before fees = 10 ticks × $1.25 × 2 contracts = $25. The same move against you is a loss of the same amount.
Get contract math right on every trade, automatically
Fillbook calculates futures P&L, R-multiple, and position sizing per contract automatically — no manual lookup, no spreadsheet formula. 14-day free trial, no card required.
Start free trial →Frequently asked questions
$1.25 per contract. XK moves in increments of 0.125, and each increment changes the value of one contract by $1.25.
$10 per contract. One point is 8 ticks of 0.125.
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: Agricultural
Futures P&L calculator with XK 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 XK trade. Confirm specifications with the exchange before trading. CBOT contract specifications