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Swap rates
Swap rates
The section displays the swap rates set in the Interest Rates section:
The table contains the following information:
| Name | Description |
|---|---|
| Instrument | instrument ticker |
| By asset | whether the Count by assets setting is enabled |
| Swap short | swap rate for short positions |
| Swap long | swap rate for long positions |
| Zero swaps | whether the setting of zero swaps for the instrument is enabled in the rates |
When clicking on Swap Short/Long in the row with an asset, you can manually set swap rates for it:
The Count by assets switch:
Enabled setting allows swap rates to be calculated from asset rates (Interest Rates ➝ Assets).
Please note! When this switch is enabled, the previously specified swap rates will be removed.
Clicking the SAVE button will apply the changes made.
The calculation of the asset rate when the setting is enabled is as follows:
Swap rate short (in % per annum) = (365 * ((1 + Bid rate of base asset / 100 / number of days per year for the asset) / (1 + Bid rate of quote asset / 100 / number of days per year for the asset) - 1))
Swap rate long (in % per annum) = (365 * ((1 + Ask rate of base asset / 100 / number of days per year for the asset) / (1 + Ask rate of quote asset / 100 / number of days per year for the asset) - 1))
The Days in year values for assets can be found in Instruments ➝ Assets.
The values of Bid and Ask rates for assets are in Interest rates ➝ Assets.