| Long (Buy) | Short (Sell) | |
|---|---|---|
| Swap Rate | -0.299 | 0.132 |
| Per Standard Lot | -0.299 USD | 0.132 USD |
| Triple Swap Day | Friday | Friday |
Model the current overnight carry for WHEAT using the live long and short swap values.
Use the detailed Swap Calculator if you prefer.
Long swap cost = -0.299 USD
Current overnight holding cost is -0.299 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 WHEAT swap rates are -0.299 (long) and 0.132 (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 = -1.794 USD.
The long swap on WHEAT is -0.299 USD per lot per night — a cost on overnight buy positions.