| Long (Buy) | Short (Sell) | |
|---|---|---|
| Swap Rate | -348.151 | 146.0845 |
| Per Standard Lot | -348.151 ZAR | 146.0845 ZAR |
| Triple Swap Day | Wednesday | Wednesday |
Model the current overnight carry for EURZAR using the live long and short swap values.
Use the detailed Swap Calculator if you prefer.
Long swap cost = -348.151 ZAR
Current overnight holding cost is -348.151 ZAR 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 EURZAR swap rates are -348.151 (long) and 146.0845 (short) per standard lot per night, denominated in ZAR.
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 = -2088.906 ZAR.
The long swap on EURZAR is -348.151 ZAR per lot per night — a cost on overnight buy positions.