The Carry Trade calculator allows you to calculate the profit / loss resulting from the difference in the interest rate on the currencies (so-called SWAP). If, for example, we buy a EUR / GBP pair and assume that the British Pound will have higher interest rates than the Euro, we will lose on this transaction. In practice, we bought the Euro (lower interest rate) for British Pounds (higher interest rate) and thus our cost will be the difference in the interest rates of both currencies. If we took the opposite position, our SWAP would be positive.
Provide a trading currency pair, the base currency of the account and the transaction type (Purchase / Sale). Check the correctness of interest rates for both currencies and then enter the transaction volume and the length of the investment (in days).