Swap / Rollover Calculator

Overview

Swap fees are the hidden cost of overnight trading. Every position held past the daily rollover time incurs a swap — either positive (you earn) or negative (you pay) — based on the interest rate differential between the two currencies. Our calculator shows both long and short swap costs simultaneously, with a full weekly breakdown including the infamous triple-swap Wednesday.

For swing traders and position traders who hold for days or weeks, understanding swap costs is essential for profitability. A seemingly profitable trade can turn negative when swap fees accumulate.

Key Features

• Long vs Short side-by-side comparison
• Weekly breakdown with triple Wednesday
• Monthly and annual projections
• Custom holding period calculation
• 17+ instruments including metals
• Live exchange rate conversion
• 8 account currencies
• MetaTrader swap rate guide

How It Works

Enter your broker's swap rates (found in MetaTrader under Symbol Specification) and the calculator computes the daily cost:

Daily Swap = Swap Points × Lots × Pip Value ÷ 10

The weekly breakdown accounts for triple-swap Wednesday (which covers the weekend settlement), giving you the true 7-day cost. Projections scale this to monthly and annual estimates, adjusted for the correct number of swap charges.

Who Is This For?

Swing traders and position traders who hold overnight. Carry traders looking to profit from positive swaps. Anyone evaluating whether the expected profit from a multi-day trade justifies the swap cost. Also useful for comparing swap costs across different instruments when choosing which pair to trade.