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Swap calculator

Calculate swap rates and overnight swap fees when you hold CFD positions open beyond market close.

Calculator

Contract size = -

Pip size = -

Effective Leverage = -

Point size = -

Results

Swap Charge Long

$

Swap Charge Short

$

Swap long rate = -

Swap short rate = -

Swap calculation type: -

Three-day swap: -

Weekend swaps: -

How to calculate swap fees

You hold a short position of 0.2 lots of AUD/JPY overnight that has a point size of 0.001 and a short swap rate of -12.92. The JPY to USD conversion rate is 0.00681.

Formula

Swap = Lots x Contract size x Point size* x Swap rate x QTE/USD**

*Point size = 10⁻digits (digits can be found in the instrument specification table in your trading terminal)

**QTE/USD is the conversion rate from the quote currency (QTE), referred to as the "Profit Currency" in MT5, to USD.

Example

You hold a short position of 0.2 lots of AUD/JPY overnight that has a point size of 0.001 and a short swap rate of -12.92. The JPY to USD conversion rate is 0.00681.

This means the swap charge is USD 1.76 to keep the position open overnight.

Note: These are approximate values only and will differ depending on the leverage that is set for your account and the asset you want to trade.

How to use the Deriv swap calculator

  1. Select trading instrument

    Choose your trading instrument, from Forex, Stocks, Commodities, Crypto, and more.

  2. Enter position size

    Input your trading volume in lots. You can also edit the asset price to tailor the calculation to your trading strategy.

  3. View results

    See the swap fees for your selected trading instrument.

Why use Deriv’s swap calculator

Deriv’s swap calculator shows the difference in swap rates between long and short trades, helping you plan for any cost impact.

Estimate overnight costs

Check how much it’ll cost in swap fees before holding a trade overnight.

Compare long vs short fees

See the difference in swap charges between buy and sell positions on the same instrument.

Avoid surprise charges

Know upfront if any additional swap fees will significantly impact your trade costs.

Related calculators

Margin calculator

Find out how much money you need before opening any leveraged trade. Avoid margin calls by calculating exact capital requirements for your intended position size.

Calculate margin requirements

Pip calculator

Turn pip numbers into dollar amounts for your trades. Calculate exactly how much profit or loss each price movement represents.

Calculate pip values

Your questions answered

A swap fee is the cost or credit applied when you hold a leveraged trade overnight. It's based on factors like interest rate differences, broker financing charges, and, for some markets, storage costs. Swaps are charged daily if your position stays open past the platform’s rollover time (typically 00:00 GMT).
No, trades closed before the platform’s rollover time (typically 00:00 GMT) are not charged swaps. Swap fees only apply to positions held overnight.
Swap fees change daily because they depend on market factors like interest rate changes, volatility, liquidity, and the broker’s cost of funding. These conditions can fluctuate, so rates are updated regularly to reflect current market risk.
Yes, you can avoid swap fees by: Closing your trades before the daily rollover time Using the Deriv MT5 Swap-free account Trading short-term strategies that don’t require holding positions overnight
Triple swap occurs on Wednesday to account for weekend rollover. Instead of paying 1 day's swap, you pay 3 days' worth. For example, if the daily swap charge is -$2.50, Wednesday charges -$7.50.
Yes. Swap fees apply to most CFDs, including Cryptocurrencies, Stock Indices, and Commodities, not just Forex. The rates depend on the asset and position type (buy or sell).
No, swap fees are different for long (buy) and short (sell) positions. One may be a charge and the other a credit, depending on market conditions and the instrument. Use the Deriv swap calculator to calculate the different charges for your long and short positions.

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