| Long (Buy) | Short (Sell) | |
|---|---|---|
| Swap Rate | 0.1 | -0.228 |
| Per Standard Lot | 0.1 USD | -0.228 USD |
| Triple Swap Day | Friday | Friday |
Model the current overnight carry for COFARA using the live long and short swap values.
Use the detailed Swap Calculator if you prefer.
Long swap cost = +0.1 USD
You earn +0.1 USD per lot per night at current rates.
Positive carry
This is a carry trade opportunity. Your position generates income rather than incurring a cost while rates remain at these levels.
Afterprime's current COFARA swap rates are 0.1 (long) and -0.228 (short) per standard lot per night, denominated in USD.
Triple swap is charged on [Wednesday/Friday] to account for the Saturday and Sunday settlement period.
Multiply the swap rate by your lot size and nights held. Example: 2 lots long for 3 nights = 0.6000000000000001 USD.
The long swap on COFARA is 0.1 USD per lot per night — a cost on overnight buy positions.