Swap Calculator
Calculate overnight swap fees (rollover) for holding forex positions across market close.
Calculate Swap Fees
Enter your trade parameters to calculate overnight swap costs
Swap Calculation Results
Select a currency pair to begin
Choose an instrument from the dropdown above
Wednesday Triple Swap
Most brokers charge triple swap on Wednesday night to account for weekend rollover. Factor this into your calculations when holding positions over Wednesday.
What is Swap?
Swap (rollover) is the interest paid or earned for holding a position overnight. It's based on the interest rate differential between the two currencies in a pair.
Positive Carry Trade
Traders sometimes hold positions in pairs where they receive positive swap. This is called a "carry trade" - earning interest while waiting for favorable price movement.
Swap Calculation Formula
The swap fee is calculated based on the swap rate provided by your broker:
Daily Swap:
Swap = (Swap Rate × Point Value × Contract Size)Total Swap:
Total = Daily Swap × Days HeldNote: Swap rates vary by broker and change based on central bank interest rates. Always check your broker's current swap rates before trading.