Carry Trade
09 • ROLLOVERDAILY SWAP
+$4.22
per day
ANNUALIZED APY
+3.82%
carry yield
TOTAL ROLLOVER
+$126.60
30 days
BREAKEVEN PIPS
12.7 pips
to offset
Cumulative Carry over Holding Period
Swap accrues daily at 22:00 UTCPositive carry: position earns while held. Wednesday triple swap accounted as 3× daily rate (visualized as step).
Triple Swap Wednesday
| Day | Daily Swap | Cumulative | Event |
|---|
Carry vs. Price Move
Notional (1 lot)$100,000
Pip Value$10.00
Carry covers12.7 pips
If swap is negative, price must move in your favor by breakeven pips just to offset rollover cost. Positive carry acts as a buffer.