Swap Rates Calculator

Estimate the overnight financing cost of holding a leveraged position open past the trading day.
USOIL
United States Dollar
This calculator is provided for indicative and educational purposes only, based on standard contract sizes and current pricing. It does not reflect your actual account conditions - always confirm exact figures in your MetaTrader 5 terminal before trading.
Estimated Swap Cost
Swap Long –
Swap Short –
Indicative overnight swap for your selected instrument, lot size and number of nights, converted into your account currency at the current exchange rate.

About Pairmetric's Swap Rates Calculator

Pairmetric's Swap Rates Calculator helps you estimate the overnight financing cost (or credit) of holding a leveraged position open past the trading day. Select your instrument, account currency, lot size and the number of nights you plan to hold the position, and the calculator shows the indicative swap cost for both long and short positions.

Swap rates vary by instrument and direction, and can be positive or negative depending on the interest rate differential between the two currencies or the financing cost of the underlying asset. Check Pairmetric's Swap Rates page for the full list of instruments and rates.

Swap Rates Calculator FAQ

A swap rate (also called rollover) is the interest paid or earned for holding a leveraged position open overnight, based on the interest rate differential between the two currencies in the pair.

Swap rates depend on the interest rate differential between the base and quote currency of the pair, so holding a long position typically earns or costs a different amount than holding a short position on the same pair.

Yes, depending on the pair and direction, a swap rate can be a credit added to your account or a debit charged to your account.

Yes, Pairmetric's Islamic account lets you hold positions open without being charged overnight swap fees, suited to traders who hold trades for longer periods.

Swap charges are applied once for each night a leveraged position remains open, typically at the end of the trading day, with a common industry practice of a triple charge on Wednesdays to account for weekend settlement.

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