Fed Funds

Futures Continuous bil.us
Open Interest 2,187,080 (+169,712, +10.93%)
Commercial Net 282,058 (+106,979, +61.1%)
Large Spec Net -299,403 (-111,469)
Small Traders Net 17,345 (+4,490)
COT Index 84.97% As of 06/23/2026
Last Update 06/23 Weekly Report
Fed Funds Price
Futures Continuous • D / W / M
Fed Funds Valuation
vs Bonds, Gold, DXY
COT Positioning Chart
Net positions over time
Fed Funds COT Index
Current positioning
0% = Lowest in 3 years | 50% = Middle | 100% = Highest
COT Positioning Trends
Line chart trends
Filter Historical Data
Historical COT Data
50 records with weekly changes
Date Commercials Large Speculators Small Traders Open Interest Net Commercial COT Index
Long Short Long Short Long Short
07/08/2025
1,295,540
(+86,111)
1,334,932
(+105,093)
369,851
(+37,134)
335,597
(+12,183)
49,967
(+6,100)
44,829
(+12,069)
2,024,676
(+129,345, +8.16%) 		-39,392 (-18,982, -93.0%) 34.87%
07/01/2025
1,209,429
(-161,933)
1,229,839
(-105,002)
332,717
(-651)
323,414
(-62,664)
43,867
(-3,802)
32,760
(+1,280)
1,897,280
(-166,386, -9.49%) 		-20,410 (-56,931, -155.9%) 38.32%
06/24/2025
1,371,362
(+159,804)
1,334,841
(+121,376)
333,368
(-2,968)
386,078
(+39,768)
47,669
(+4,241)
31,480
(-67)
2,158,631
(+161,077, +10.12%) 		+36,521 (+38,428, +2015.1%) 48.68%
06/17/2025
1,211,558
(+61,636)
1,213,465
(+156,766)
336,336
(+105,487)
346,310
(+8,986)
43,428
(-6,271)
31,547
(-4,900)
1,938,628
(+160,852, +11.24%) 		-1,907 (-95,130, -102.0%) 41.69%
06/10/2025
1,149,922
(+38,924)
1,056,699
(+78,796)
230,849
(+30,955)
337,324
(-7,291)
49,699
(+9,339)
36,447
(+7,713)
1,697,763
(+79,218, +5.86%) 		+93,223 (-39,872, -30.0%) 59.0%
06/03/2025
1,110,998
(-511,390)
977,903
(-398,482)
199,894
(-138,100)
344,615
(-257,442)
40,360
(-13,124)
28,734
(-6,690)
1,600,551
(-662,614, -32.9%) 		+133,095 (-112,908, -45.9%) 66.25%
05/27/2025
1,622,388
(+182,411)
1,376,385
(+44,398)
337,994
(-33,447)
602,057
(+99,286)
53,484
(+219)
35,424
(+5,499)
2,336,249
(+149,183, +8.0%) 		+246,003 (+138,013, +127.8%) 86.79%
05/20/2025
1,439,977
(+85,892)
1,331,987
(+52,769)
371,441
(+6,151)
502,771
(+58,012)
53,265
(-7,335)
29,925
(-26,073)
2,135,866
(+84,708, +4.76%) 		+107,990 (+33,123, +44.2%) 61.68%
05/13/2025
1,354,085
(+88,624)
1,279,218
(+116,916)
365,290
(+51,659)
444,759
(+15,163)
60,600
(+15,201)
55,998
(+23,405)
2,026,950
(+155,484, +9.57%) 		+74,867 (-28,292, -27.4%) 55.66%
05/06/2025
1,265,461
(-464,289)
1,162,302
(-474,874)
313,631
(-114,705)
429,596
(-106,460)
45,399
(-9,032)
32,593
(-6,692)
1,875,993
(-588,026, -26.58%) 		+103,159 (+10,585, +11.4%) 60.8%
04/29/2025
1,729,750
(+92,578)
1,637,176
(+3,504)
428,336
(+1,585)
536,056
(+96,888)
54,431
(+7,535)
39,285
(+1,306)
2,545,530
(+101,698, +4.82%) 		+92,574 (+89,074, +2545.0%) 58.88%
04/22/2025
1,637,172
(+50,236)
1,633,672
(+39,059)
426,751
(+18,447)
439,168
(+23,889)
46,896
(+3,371)
37,979
(+9,106)
2,419,058
(+72,054, +3.53%) 		+3,500 (+11,177, +145.6%) 42.67%
04/15/2025
1,586,936
(+121,338)
1,594,613
(+202,974)
408,304
(-1,443)
415,279
(-75,700)
43,525
(+509)
28,873
(-6,870)
2,340,643
(+120,404, +6.28%) 		-7,677 (-81,636, -110.4%) 40.64%
04/08/2025
1,465,598
(+281,522)
1,391,639
(+339,868)
409,747
(-50,165)
490,979
(-118,776)
43,016
(-7,906)
35,743
(+2,359)
2,206,484
(+223,451, +13.18%) 		+73,959 (-58,346, -44.1%) 55.49%
04/01/2025
1,184,076
(-186,752)
1,051,771
(-227,557)
459,912
(+15,553)
609,755
(+51,386)
50,922
(-6,111)
33,384
(-1,139)
2,021,486
(-177,310, -9.47%) 		+132,305 (+40,805, +44.6%) 66.1%
03/25/2025
1,370,828
(+67,528)
1,279,328
(+113,354)
444,359
(+75,800)
558,369
(+24,326)
57,033
(+548)
34,523
(+6,196)
2,189,715
(+143,876, +8.32%) 		+91,500 (-45,826, -33.4%) 58.68%
03/18/2025
1,303,300
(+28,337)
1,165,974
(+70,919)
368,559
(+93,318)
534,043
(+63,541)
56,485
(+13,730)
28,327
(+925)
1,962,821
(+135,385, +8.5%) 		+137,326 (-42,582, -23.7%) 67.02%
03/11/2025
1,274,963
(+50,649)
1,095,055
(+91,638)
275,241
(+60,713)
470,502
(+15,899)
42,755
(-1,092)
27,402
(+2,733)
1,890,311
(+110,270, +7.44%) 		+179,908 (-40,989, -18.6%) 74.76%
03/04/2025
1,224,314
(-30,308)
1,003,417
(-259,558)
214,528
(-206,360)
454,603
(+27,325)
43,847
(-3,184)
24,669
(-7,619)
1,770,029
(-239,852, -13.92%) 		+220,897 (+229,250, +2744.5%) 82.22%
02/25/2025
1,254,622
(+60,093)
1,262,975
(+184,123)
420,888
(+204,284)
427,278
(+66,369)
47,031
(-11,765)
32,288
(+2,120)
2,094,384
(+252,612, +17.19%) 		-8,353 (-124,030, -107.2%) 40.52%
02/18/2025
1,194,529
(+18,611)
1,078,852
(+115,529)
216,604
(+23,720)
360,909
(-49,449)
58,796
(+22,421)
30,168
(-1,328)
1,792,312
(+64,752, +4.61%) 		+115,677 (-96,918, -45.6%) 63.08%
02/11/2025
1,175,918
(+54,839)
963,323
(+40,446)
192,884
(+38,373)
410,358
(+53,994)
36,375
(+303)
31,496
(-925)
1,638,239
(+93,515, +7.13%) 		+212,595 (+14,393, +7.3%) 80.71%
02/04/2025
1,121,079
(-354,353)
922,877
(-320,977)
154,511
(-4,377)
356,364
(-34,520)
36,072
(-2,249)
32,421
(-5,482)
1,560,370
(-360,979, -21.58%) 		+198,202 (-33,376, -14.4%) 78.09%
01/28/2025
1,475,432
(+145,905)
1,243,854
(+108,639)
158,888
(-28,513)
390,884
(+12,688)
38,321
(+4,446)
37,903
(+511)
2,040,666
(+121,838, +7.86%) 		+231,578 (+37,266, +19.2%) 84.16%
01/21/2025
1,329,527
(+60,552)
1,135,215
(+57,032)
187,401
(-97)
378,196
(+3,978)
33,875
(-1,351)
37,392
(-1,906)
1,874,733
(+59,104, +3.96%) 		+194,312 (+3,520, +1.8%) 77.38%
01/14/2025
1,268,975
(+107,528)
1,078,183
(+80,075)
187,498
(-10,790)
374,218
(+8,714)
35,226
(+154)
39,298
(+8,103)
1,789,157
(+96,892, +6.95%) 		+190,792 (+27,453, +16.8%) 76.74%
01/07/2025
1,161,447
(-186,024)
998,108
(-273,423)
198,288
(-63,146)
365,504
(+30,275)
35,072
(-699)
31,195
(-6,721)
1,641,163
(-249,869, -15.19%) 		+163,339 (+87,399, +115.1%) 71.75%
12/31/2024
1,347,471
(+123,729)
1,271,531
(+82,291)
261,434
(-34,274)
335,229
(+8,596)
35,771
(+562)
37,916
(-870)
1,943,788
(+90,017, +5.79%) 		+75,940 (+41,438, +120.1%) 55.85%
12/24/2024
1,223,742
(-3,165)
1,189,240
(+1,596)
295,708
(+29,131)
326,633
(+24,499)
35,209
(-762)
38,786
(-891)
1,824,075
(+25,204, +1.65%) 		+34,502 (-4,761, -12.1%) 48.31%
12/17/2024
1,226,907
(+95,650)
1,187,644
(+151,530)
266,577
(+96,041)
302,134
(+43,127)
35,971
(-925)
39,677
(-3,891)
1,789,493
(+190,766, +14.25%) 		+39,263 (-55,880, -58.7%) 49.18%
12/10/2024
1,131,257
(+107,819)
1,036,114
(+40,107)
170,536
(-45,079)
259,007
(+14,488)
36,896
(-6,182)
43,568
(+1,963)
1,572,735
(+56,558, +4.41%) 		+95,143 (+67,712, +246.8%) 59.34%
12/03/2024
1,023,438
(-251,456)
996,007
(-237,293)
215,615
(-262)
244,519
(-16,427)
43,078
(-11,425)
41,605
(-9,423)
1,527,490
(-263,143, -17.03%) 		+27,431 (-14,163, -34.1%) 47.03%
11/26/2024
1,274,894
(+148,492)
1,233,300
(+163,991)
215,877
(+71,452)
260,946
(+61,381)
54,503
(+21,509)
51,028
(+16,081)
1,964,277
(+241,453, +18.52%) 		+41,594 (-15,499, -27.1%) 49.6%
11/19/2024
1,126,402
(+136,351)
1,069,309
(+85,851)
144,425
(+2,845)
199,565
(+60,422)
32,994
(+1,710)
34,947
(-5,367)
1,697,828
(+140,906, +12.12%) 		+57,093 (+50,500, +766.0%) 52.42%
11/12/2024
990,051
(+72,021)
983,458
(+47,892)
141,580
(-34,415)
139,143
(-12,952)
31,284
(+3,310)
40,314
(+5,976)
1,576,297
(+40,916, +3.65%) 		+6,593 (+24,129, +137.6%) 43.24%
11/05/2024
918,030
(-345,905)
935,566
(-458,840)
175,995
(-293,547)
152,095
(-163,742)
27,974
(-9,427)
34,338
(-26,297)
1,452,656
(-648,879, -36.64%) 		-17,536 (+112,935, +86.6%) 38.85%
10/29/2024
1,263,935
(+39,307)
1,394,406
(+55,213)
469,542
(+39,250)
315,837
(+21,760)
37,401
(+4,444)
60,635
(+6,028)
2,208,688
(+83,001, +4.92%) 		-130,471 (-15,906, -13.9%) 18.3%
10/22/2024
1,224,628
(+115,032)
1,339,193
(+125,062)
430,292
(+7,749)
294,077
(-1,701)
32,957
(+1,174)
54,607
(+594)
2,196,168
(+123,955, +7.93%) 		-114,565 (-10,030, -9.6%) 21.2%
10/15/2024
1,109,596
(+49,989)
1,214,131
(-24,573)
422,543
(-58,588)
295,778
(+6,118)
31,783
(-52,596)
54,013
(-42,740)
2,031,500
(-61,195, -3.77%) 		-104,535 (+74,562, +41.6%) 23.02%
10/08/2024
1,059,607
(+19,389)
1,238,704
(-32,593)
481,131
(+1,595)
289,660
(+55,817)
84,379
(+56,491)
96,753
(+54,251)
2,083,225
(+77,475, +5.01%) 		-179,097 (+51,982, +22.5%) 9.46%
10/01/2024
1,040,218
(-142,700)
1,271,297
(-108,465)
479,536
(-27,155)
233,843
(-56,988)
27,888
(-2,817)
42,502
(-7,219)
2,012,976
(-172,672, -10.04%) 		-231,079 (-34,235, -17.4%) 0.0%
09/24/2024
1,182,918
(-32,981)
1,379,762
(+8,026)
506,691
(-58,010)
290,831
(-95,063)
30,705
(-9,331)
49,721
(-13,285)
2,285,187
(-100,322, -5.51%) 		-196,844 (-41,007, -26.3%) 0.0%
09/17/2024
1,215,899
(+22,727)
1,371,736
(+260,499)
564,701
(+300,106)
385,894
(+64,878)
40,036
(+11,224)
63,006
(+8,680)
2,268,461
(+334,057, +22.47%) 		-155,837 (-237,772, -290.2%) 0.0%
09/10/2024
1,193,172
(+29,261)
1,111,237
(+53,498)
264,595
(+37,833)
321,016
(+3,520)
28,812
(+2,843)
54,326
(+12,919)
1,788,752
(+69,937, +4.94%) 		+81,935 (-24,237, -22.8%) 48.34%
09/03/2024
1,163,911
(-317,891)
1,057,739
(-227,328)
226,762
(+15,717)
317,496
(-80,214)
25,969
(-8,408)
41,407
(-3,040)
1,654,890
(-310,582, -17.98%) 		+106,172 (-90,563, -46.0%) 53.63%
08/27/2024
1,481,802
(+177,567)
1,285,067
(+126,444)
211,045
(+64,036)
397,710
(+114,189)
34,377
(+5,427)
44,447
(+6,397)
2,057,200
(+247,030, +16.69%) 		+196,735 (+51,123, +35.1%) 73.4%
08/20/2024
1,304,235
(+95,944)
1,158,623
(+51,938)
147,009
(-41,060)
283,521
(+4,161)
28,950
(+55)
38,050
(-1,160)
1,732,281
(+54,939, +3.85%) 		+145,612 (+44,006, +43.3%) 62.24%
08/13/2024
1,208,291
(+5,702)
1,106,685
(-3,435)
188,069
(-3,978)
279,360
(+6,469)
28,895
(+2,033)
39,210
(+723)
1,675,924
(+3,757, +0.26%) 		+101,606 (+9,137, +9.9%) 52.63%
08/06/2024
1,202,589
(-214,797)
1,110,120
(-103,028)
192,047
(-87,801)
272,891
(-218,273)
26,862
(-17,407)
38,487
(+1,296)
1,673,597
(-320,005, -18.38%) 		+92,469 (-111,769, -54.7%) 50.64%
07/30/2024
1,417,386
(+139,116)
1,213,148
(+66,095)
279,848
(+14,092)
491,164
(+88,387)
44,269
(-66)
37,191
(-1,340)
2,085,226
(+153,142, +9.64%) 		+204,238 (+73,021, +55.6%) 75.03%
Price data: Database (4,737 records) Futures Continuous
COT data: CFTC • Updated weekly on Fridays