Dear Members,
For synthetic, the swap charge is calculated on an annual basis for long and short positions based on this formula:
Swap charge = volume × contract size × asset price × (swap rate ÷ 100) ÷ 360
This gives you the swap charge in USD.
Let’s say you want to keep 0.01 lots of Volatility 75 Index with an asset price of 400,000 USD and swap rate of -7.5 open for one night.
- The contract size is one standard lot of Volatility 75 Index = 1
- If the swap rate is positive, your account will be credited with the swap amount. If it is negative, your account will be debited.
So you will require a swap charge of 0.83 USD to keep the position open for one night.
Hope this information helps 
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