| Long (Buy) | Short (Sell) | |
|---|---|---|
| Swap Rate | -0.081732 | 0.036008 |
| Per Standard Lot | -0.081732 USD | 0.036008 USD |
| Triple Swap Day | Friday | Friday |
Model the current overnight carry for COTTON using the live long and short swap values.
Use the detailed Swap Calculator if you prefer.
Long swap cost = -0.082 USD
Current overnight holding cost is -0.082 USD per lot per night.
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 COTTON swap rates are -0.081732 (long) and 0.036008 (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 = -0.490392 USD.
The long swap on COTTON is -0.081732 USD per lot per night — a cost on overnight buy positions.