Carry Trade Calculator

Estimate the carry profit from going long a high-yield currency funded by a low-yield one, with optional leverage

Position Size (notional)

Long Currency Rate %

Short Currency Rate %

Days Held

Leverage

Account Equity Used

Rate Differential

Carry Profit

Daily Carry

Return on Equity %

Borrow a low-rate currency and invest in a high-rate currency to earn the rate differential.

Leverage multiplies both the carry yield and the FX risk — small adverse moves can erase years of carry.

This ignores spreads, swap mark-ups and FX moves. Real broker swap rates differ from central bank rates.