Forex Swap Calculator
Forex Swap
Calculate overnight swap or rollover fees for holding a forex position
Formula
Daily Swap = (Swap Rate x Position Size) / 100,000; Total = Daily x Nights + Wednesday Adjustments
Frequently Asked Questions
What is a forex swap?
A swap is the interest rate differential charged or credited for holding a forex position overnight, based on the two currencies interest rates.
Why is the Wednesday swap tripled?
Wednesday swaps are tripled to account for the weekend settlement period since forex trades settle two days later.