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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.

The swap is pre-filled with an estimate from central-bank rates plus a typical broker markup. Your broker's exact rate is in MT4/MT5 under Market Watch → Symbols → Swap — in points, so switch the unit to “MT4/5 points” before pasting.

Direction

Currency Pair

1.1247loading live price…

Lot Size

Swap rate per night

pips

Estimated buy swap for EUR/USD: -0.69 pips · 10 points = 1 pip on 5-digit quotes

Nights held

nights

Total Swap (5 days)

−$34.50

Negative swap — this is deducted from your account

Daily

−$6.90

Weekly

−$48.30

Monthly (~30d)

−$207.00

Annual (~365d)

−$2,518.50

Weekly = daily × 7 (brokers charge triple swap on Wednesday to cover Saturday & Sunday). Positive swap pairs (e.g. USD/JPY buy) generate income — a strategy known as the carry trade.

Break-Even Hold Time

Carry income is negative — this direction costs daily swap; no break-even point.

Carry Trade Screener — 1 lot · Annual swap income

best direction shown

Pair	Best Dir.	Annual Income	Buy / Sell
GBP/JPY	Buy	+$4,954	+$4954 / −$6936
USD/JPY	Buy	+$3,500	+$3500 / −$5000
USD/CHF	Buy	+$2,750	+$2750 / −$4250
AUD/JPY	Buy	+$2,324	+$2324 / −$3365
EUR/JPY	Buy	+$2,249	+$2249 / −$3936
EUR/GBP	Sell	+$1,125	−$2812 / +$1125
EUR/USD	Sell	+$844	−$2531 / +$844
EUR/AUD	Sell	+$675	−$2362 / +$675
USD/CAD	Buy	+$500	+$500 / −$2000
NZD/USD	Sell	−$281	−$561 / −$281
AUD/USD	Sell	−$416	−$624 / −$416
GBP/AUD	Buy	−$462	−$462 / −$1519
GBP/USD	Buy	−$661	−$661 / −$1321

Sorted by highest annual income. Green = positive carry (you receive). Estimated from a static policy-rate snapshot (live rates unavailable) minus a typical 0.75% broker markup per side — your broker's swaps will differ.

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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

What 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.

When 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.

Can 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.