Swap Calculator
Result
Swap is charged (or credited) daily at server rollover. Triple swap usually applies on Wednesday (FX) or Friday (Gold).
Forex Swap Calculator 🧮
When you hold a forex position overnight, you either pay or receive swap (overnight interest). Use our Forex Swap Calculator to find out exactly how much swap you’ll pay or earn based on your trade size, currency pair, and holding duration.
How to Use the Swap Calculator
- Select Currency Pair – Choose the pair you plan to trade.
- Enter Lot Size – Input the size of your position.
- Set Number of Days – Choose how many days you intend to hold the trade.
- Click Calculate – The tool will display estimated swap costs or income.
💡 Tip: Swap can be positive (you earn) or negative (you pay), depending on the interest rate differential between the two currencies in the pair.
Why Swap Calculation Matters
Swap fees can significantly impact long-term trades or strategies like carry trading. Some pairs offer positive swaps, meaning you earn interest daily, while others cost you to hold.
By calculating swap in advance, you can plan better, avoid unexpected costs, and even take advantage of positive swaps strategically.
Example Calculation
Suppose you buy 1 lot of AUD/JPY and hold it for 7 days. If the swap rate is +$3 per day, you’ll earn $21 total. Conversely, if you sell and the swap is -$3 per day, you’ll pay $21.
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Frequently Asked Questions (FAQ)
What is swap in forex?
Swap is the interest paid or earned for holding a position overnight. It’s based on the interest rate differential between the two currencies.
Why do some swaps give profit?
If the currency you buy has a higher interest rate than the one you sell, you may receive positive swap (interest income).
When is triple swap applied?
Typically on Wednesday night to account for weekend rollover. This can affect your total swap significantly.