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Swap/Rollover Calculator
Calculate the overnight financing cost (or income) for holding forex positions. See daily, weekly, and monthly swap charges.
Swap/Rollover Calculator Formula
Daily Swap = Pip Value × Lots × Swap Rate (broker-specific)
Example: EUR/USD 1 lot, swap rate −0.5 pips/day: $10 × 1 × −0.5 = −$5.00/day
Swap/Rollover Calculator FAQ
1What is a swap in forex?
A swap (or rollover) is the interest rate differential charged or credited when holding a position overnight. It reflects the difference between the interest rates of the two currencies in the pair.
2When are swaps charged?
Swaps are charged daily at the rollover time (usually 5 PM EST / 10 PM GMT). On Wednesdays, most brokers charge triple swap to account for the weekend settlement.
3Can swaps be positive?
Yes. If you buy a currency with a higher interest rate and sell one with a lower rate, you earn positive swap (carry trade). This is common with pairs like AUD/JPY.
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Calculator results are estimates only — not financial advice. Trading involves significant risk of loss. Full risk disclosure.