Spot and Linear-Futures Hedge Quantity Resources
Convert a chosen covered base quantity into a rounded linear short-contract amount.
A chosen coverage percentage may not translate exactly into an allowed contract amount. This worksheet computes the target quantity for the same underlying, rounds down to your supplied contract step, and shows both residual spot quantity and any uncovered part of the chosen target.
Spot and Linear-Futures Hedge Quantity Worksheet
Translate a chosen coverage share into linear contract quantity and show the remaining base units.
A hypothetical 0.35 BTC spot quantity with 80% chosen coverage has a 0.28 BTC target. At 0.001 BTC per linear contract and a one-contract step, that is 280 short contracts. They cover 0.28 BTC, leaving 0.07 BTC spot residual and zero uncovered target. A larger step can leave a visible rounding remainder.
Open the worksheet10 Resources for Spot and Futures Hedge Planning
Quantity matching starts with the underlying and contract specification. The resources here support checking units and mechanics; they do not rank hedging performance or recommend a coverage percentage.
Compare documented roles using same underlying, linear multiplier, contract granularity, unmatched quantity, basis and execution assumptions. The Telegram channel we promote is disclosed in the first entry.
Read the comparisonPrepare useful inputs
Use spot quantity and a linear base-per-contract multiplier for the same underlying. Supply your own coverage percentage and contract step. Those are assumptions you choose; the page does not recommend an allocation or substitute an inverse contract specification.
Read results in their proper scope
Covered refers to matched base quantity under the supplied linear multiplier. Basis changes, price references, execution, fees and funding can still affect the combined position. Rounding down avoids exceeding the chosen target and does not prove that the resulting pair is risk free.
The worked example and method can be read without JavaScript. Running the calculator requires JavaScript; its form values remain in the browser, with no account connection or quote lookup for calculation.
Official sources and scope
The sources document formats, mechanisms or record workflows. The arithmetic and editorial comparison on this page use the supplied worksheet definitions.
- CME futures hedge quantity education
Match quantities using contract size; educational example does not promise a risk-free crypto hedge.
Reference checked 2026-10-01. Consult the source for current product rules. - CME contract notional value
Contract units and multiplier concepts.
Reference checked 2026-10-01. Consult the source for current product rules. - Kraken contract specifications
Contract multiplier, expiry, tick value and settlement specification concepts; this document concerns US derivatives.
Reference checked 2026-10-01. Consult the source for current product rules.