Swap is a fee for holding a position overnight. Depending on the instrument and direction of trade, you may pay. Funds.Pro applies this based on your open positions at rollover time.
Swap charges are overnight fees applied when you hold a position past the daily rollover time (usually 5 PM EST). Here’s why your BTCUSD swap charges may appear high:
Day 1 – No Swap Applied:
On the day you open your trade, no swap is charged initially, especially if it’s before the cutoff time.
Day 2 – Regular Swap Charged:
A standard daily swap fee is applied for holding the position overnight. For crypto pairs like BTCUSD, this fee can be significantly higher than forex pairs — especially on sell (short) positions.
Day 3 – Triple Swap Wednesday:
On Wednesdays, most brokers charge 3x the daily swap to account for the weekend (Saturday and Sunday). This often causes a sharp jump in swap fees.
Example: Lets say you are running a trade which margin used is 100k USD , then day 1 swap will be 0.
Day 2 Swap = $246
Day 3 (Wednesday) Swap = $246 × 3 = $738
Total Swap = ~$987
? Note:
Crypto pairs have higher funding costs.
Short positions generally incur higher swap charges.
Always check the swap rate in the platform before holding trades overnight.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article