How is swap calculated? Four worked examples
Rate × point value × nights charged: −10 points on 1.00 lot EURUSD is −$10.00 a night, −$70.00 a week.
EURUSD, USDJPY, gold and a swap quoted in money
The swap rates below are round numbers chosen to show the arithmetic. They are not any broker's rates and not the market's: real swaps change with interest rates and broker terms, so use your broker's current figures in the calculator.
1. EURUSD, swap in points, USD account. One point is 0.00001 × 100,000 = $1 per 1.00 lot. At −10 points, 1.00 lot is −$10.00 a night and −$30.00 on the triple-swap night. Held Monday to Friday nights with the triple on Wednesday, that is 7 nights charged: −$70.00.
2. USDJPY, swap in points, USD account. One point is 0.001 × 100,000 = ¥100 per lot. At +15 points, 1.00 lot earns ¥1,500 a night; the account is in US dollars, the base currency, so divide by the price: at 150.00 that is +$10.00 a night and +$70.00 over the same week.
3. Gold (XAUUSD), swap in points. Quoted to two decimals, one point is 0.01; with a 100-ounce contract that is $1 per lot, so 0.10 lot at −50 points is −$5.00 a night and −$35.00 for the week. Gold contract sizes and quote digits differ between brokers.
4. Swap quoted in money. Some symbols show the swap as an amount per 1.00 lot in the account currency. At −7.50 per lot, 0.50 lot is −$3.75 a night and −$26.25 for the week; no point size or conversion is involved.
Which night is charged three times?
In this model, five weekday rollovers with one ×3 day are charged as seven nights.
| Rollover | Monday | Tuesday | Wednesday | Thursday | Friday | Nights charged |
|---|---|---|---|---|---|---|
| Triple on Wednesday | ×1 | ×1 | ×3 | ×1 | ×1 | 7 |
| Triple on Friday | ×1 | ×1 | ×1 | ×1 | ×3 | 7 |
Why the triple day matters for short holds
This calculator models Monday–Friday rollovers with one selected day charged three times, or no triple day. Five rollovers with one ×3 day are charged as seven nights; choosing None charges five. It does not model separate weekend charges, other daily multipliers or holiday adjustments. Use it only when that schedule matches your broker and symbol.
With either Wednesday or Friday selected as the ×3 day, five weekday rollovers cost seven nights in this model. For a single Wednesday rollover, the Wednesday-triple setting charges three nights and the Friday-triple setting charges one. Check the symbol's specification and your broker's rollover schedule; the trade must cross its rollover time.
MetaQuotes documents separate swap multipliers for each day of the week, including Saturday and Sunday. The same reference distinguishes the symbol's point value from Tick size, the minimum price change. For swap quoted in points, use the point value in the calculator.
What does swap add up to over a month?
Twenty rollovers at the example rate: −$280.00, the same as a 28-pip move against 1.00 lot.
Rates change: track what you actually paid
Four weeks is twenty rollovers charged as 28 nights. At the example rate of −10 points on 1.00 lot EURUSD that is −$280.00, the same as a 28-pip move against the position, assuming the rate never changes. It will: swap rates are revised as interest rates and broker terms move, sometimes daily. For a position held for weeks, check the rate as you go and add the swap you actually paid to the trade's result in the forex profit calculator.
Why this page has no built-in swap rates
They differ by broker and account, and change with interest rates; the calculator asks for yours.
Where to find your rates in MT5
Swap differs between brokers and account types for the same symbol, changes as interest rates change, and can be revised without notice. A table of “typical” swaps would be wrong for most readers on most days, so the calculator starts empty and asks for the figures in your platform. In MT5 they are in the symbol's Specification, along with the swap type and the day charged three nights. Swap-free account terms, where offered, vary by broker and are not modelled here.