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BTC Futures Contract Expiration Date - What to do?The Panama-based exchange has decided to list the June expiry futures and options on Thursday at UTC, preponing the launch by a week. Monthly futures expire on the last Friday of each calendar month at UTC. Quarterly Expiries. Every Quarterly expiry will be listed 6 months prior to the. Perpetual futures are derivatives contracts that lack an expiry date. Popular with cryptocurrency traders, these contracts instead use a funding rate mechanism.