# Calculate Swap charges

**URL:** <https://community.deriv.com/t/calculate-swap-charges/35622>\
**Category:** Trading Platforms\
**Created:** [August 30, 2022, 10:19am UTC](https://community.deriv.com/t/calculate-swap-charges/35622 "2022-08-30T10:19:25Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Sakina\_derivadmin](https://sea2.discourse-cdn.com/flex020/user_avatar/community.deriv.com/sakina_derivadmin/32/5512_2.png) [@Sakina\_derivadmin](https://community.deriv.com/u/Sakina_derivadmin)\
**Post date:** [August 30, 2022, 10:19am UTC](https://community.deriv.com/t/calculate-swap-charges/35622/1 "2022-08-30T10:19:25Z")

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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.

 ![image](https://us1.discourse-cdn.com/flex020/uploads/deriv/original/2X/7/7849bd391204555a4c35dbfcc8906c960632a74b.png)

1. The contract size is one standard lot of Volatility 75 Index = 1
2. 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 💡

If you have any questions, please visit our Help Centre or contact us via LiveChat and WhatsApp.

> **[Help Centre | Frequently Asked Questions | Deriv](https://deriv.com/help-centre)**
>
> Have questions on your trading account, how our trading platforms work or about trading? Read our FAQ’s or contact us through Deriv live chat.

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<div class="post-metadata">

**Author:** ![Sakina\_derivadmin](https://sea2.discourse-cdn.com/flex020/user_avatar/community.deriv.com/sakina_derivadmin/32/5512_2.png) [@Sakina\_derivadmin](https://community.deriv.com/u/Sakina_derivadmin)\
**Post date:** [September 1, 2022, 9:43am UTC](https://community.deriv.com/t/calculate-swap-charges/35622/2 "2022-09-01T09:43:25Z")

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