# A question about swap

**URL:** <https://community.trading212.com/t/a-question-about-swap/13919>\
**Category:** 🤝 Help\
**Created:** [July 20, 2020, 8:06am UTC](https://community.trading212.com/t/a-question-about-swap/13919 "2020-07-20T08:06:31Z")\
**Posts on this page:** 1\
**Showing post:** 2

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**Author:** ![PeterA](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/petera/32/8050_2.png) [@PeterA](https://community.trading212.com/u/PeterA)\
**Post date:** [July 20, 2020, 8:39am UTC](https://community.trading212.com/t/a-question-about-swap/13919/2 "2020-07-20T08:39:31Z")

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Hello @Alien,

Swap is a compound value - it is calculated as a percentage of the price of the underlying instrument, which is dependant on variables such as the interbank interest rates (as you mentioned) as well as other conditions, concerning the market in question. You can see the cost of holding a position overnight in the instrument details.

> **[Do I have to pay for keeping my position?](https://helpcentre.trading212.com/hc/en-us/articles/360007113997-Do-I-have-to-pay-for-keeping-my-position-)**
>
> When you hold a CFD position overnight, your CFD position will consequently need to be financed to remain open. You will either receive or pay Interest Swap rate depending on the position type and ...

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