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Forex Swap Calculator

Estimate the overnight financing cost or credit for holding a forex position.

Your details

From your broker; can be negative

Results

Total swap cost

$32.50

Per night

-$6.50

Swap rate used

-$6.50

Swap rates are set by your broker and change often. Many brokers charge three nights' swap on one weekday (often Wednesday) — count those nights in the total.

How it works

Swap per night = swap rate × lots. Multiply by the number of nights.

Formula & methodology

Total swap = Swap rate × Lots × Nights

Brokers often charge triple swap on one weekday.

Illustrative example

1 lot long for 5 nights at −$6.50

Total swap cost $32.50.

Hypothetical figures for illustration only.

Frequently asked questions

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