Please find below all the details regarding swap.
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Swaps occur when a position is carried over to the next day.
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Swap will be charged as below:
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Long : 25%
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Short : 15%
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For the positions carried over from Friday to Monday, the swap will be applied for 3 days (including weekends)
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Swap Calculation is as below:
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Transaction Quantity x Contract Size x Close Price x Sell/Buy Swap ÷ 100 ÷ 360
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Eg.) placing 0.1 lots trades of BTCUSD Buy (25%) and the Price at Market Close is 36,400
= 0.1 x 1 x 36,400 * (-25 / 100) / 360 = -2.5 USD
Eg.) placing 0.5 lots trades of BTCJPY Sell (15%) and the Price at Market Close is 3,750,000
= 0.5 x 1 x 3,750,000 * (-15 / 100) / 360 = -781 JPY
Eg.) placing 3 lots trades of LTCJPY Buy (25%) and the Price at Market Close is 14,910
= 3 x 10 x 14,910 * (-25 / 100) / 360 = -311 JPY
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- A swap is incurred when you carry over a Cryptocurrency CFD position to the next day.
- Close Price: The last Bid quote price just before the rollover, is used for buy (long) positions and the last ask quote price for sell (short) positions.
- If you carry over a position from Friday to Saturday, the swap will be reflected for three days, including the weekend. However, if you hold a position from Saturday to Sunday or Sunday to Monday, swaps will not be reflected. For more information, refer to the table below.
Position Carryover period | Monday to Tuesday | Tuesday to Wednesday | Wednesday to Thursday | Thursday to Friday | Friday to Saturday |
Swap reflection date | 1 day on Tuesday | 1 day on Wednesday | 1 day on Thursday | 1 day on Friday | 3 day on Saturday |
* The above brands: Crypto.