Bitcoin Overnight Funding Calculator
Estimate a Bitcoin derivative holding debit or credit from an entered long or short rate, exact rate unit, contract size, lots and rollover-unit total.
How Bitcoin overnight funding is calculated
Money mode = signed account-money rate per lot × lots × schedule units
Bitcoin-price-unit mode = signed price units × contract size × lots × schedule units × conversion
Annual-current-price mode = entered Bitcoin notional × signed annual rate ÷ 360 × schedule units
Every value is entered manually. Verify the exact broker-server symbol, account, direction, unit and schedule before relying on the arithmetic.
Enter the Bitcoin funding convention
Copy the signed rate for the selected direction and confirm whether the product uses daily CFD financing, periodic perpetual funding or another schedule before entering the total units.
Entered Bitcoin funding estimate
Entered Bitcoin CFD Account Economics 1.0.0
| Calculation step | Entered arithmetic | Derived result |
|---|
On a small screen, swipe the table sideways to review every column.
How Bitcoin overnight funding is calculated
Bitcoin-price-unit mode = signed price units × contract size × lots × schedule units × conversion
Annual-current-price mode = entered Bitcoin notional × signed annual rate ÷ 360 × schedule units
A broker Bitcoin CFD and a crypto perpetual do not necessarily share a funding formula or interval. IG documents daily Monday-to-Sunday funding for one professional-client Bitcoin CFD, while perpetual venues can publish periodic funding. The selected unit and schedule must come from the exact product.
MetaTrader supports swap in points, money, annual interest and reopen modes. The annual-current-price option here uses the documented MetaTrader 360-day convention. Do not use it for a rate quoted per eight hours, per contract or under another basis.
The signed rate belongs to the selected long or short side. Negative produces a modeled debit and positive produces a modeled credit. The calculator does not infer sign, future rate changes, multi-day weights or whether the position will remain open.
A careful Bitcoin funding workflow
- Identify the exact product and whether its charge is daily financing, periodic funding, swap or another mechanism.
- Select long or short and copy the matching signed rate from the product or position screen.
- Identify whether the rate is account money per lot, Bitcoin price units or annual percentage of current notional.
- Verify contract size, price basis, profit currency and conversion for modes that require them.
- Translate the intended holding period into the provider’s exact schedule units, including any multi-day weight.
- For an actual position, reconcile each debit or credit with the broker or venue statement.
Audited worked example
The audited example uses a long 2-lot position, contract size 0.01 BTC, entered Bitcoin price USD 60,000, signed annual rate −25%, seven entered daily units and USD-to-USD conversion 1. Entered notional is USD 1,200; one modeled day is −USD 0.833333 and seven units total −USD 5.833333.
How to interpret it
The −USD 5.833333 result applies only to the entered annual-rate convention and seven schedule units. It is not a current provider charge, a perpetual funding forecast, total holding cost or account statement.
Bitcoin margin, funding or financing, and liquidation answer different questions
Required margin is the entered collateral estimate for opening exposure. Funding or financing is a separately entered debit or credit for carrying a position across a product-defined event. Liquidation price is a simplified adverse-price threshold under entered isolated-position assumptions. None of these figures is a stop-loss recommendation, maximum-loss guarantee or live broker value.
| Amount | Primary driver | Timing | Not equivalent to |
|---|---|---|---|
| Required margin | Contract, price and entered margin convention | Opening and while exposure remains | Maximum loss or liquidation price |
| Funding or financing | Signed rate, rate unit and schedule weight | Each qualifying product-defined funding or financing event | Price P/L or opening margin |
| Liquidation threshold | Direction, isolated margin and entered maintenance assumptions | Modeled adverse price movement | Exchange or broker execution price |
On a small screen, swipe the comparison table sideways to review every column.
Keep the three calculations separate until they use the same exact symbol, contract size, account currency and product rules. A broker CFD can use daily financing, while a crypto perpetual can use periodic funding and a venue-specific mark-price liquidation engine.
Assumptions and limits
- No current funding rate, price, cutoff, holiday schedule, interval or conversion is fetched.
- Opening-price, reopen, currency-specific and exchange-specific funding formulas are not independently modeled.
- Schedule units are user-entered and do not validate daily, hourly or periodic provider timing.
- Rates can change during a holding period and differ by provider, product, entity, account and direction.
- A positive funding estimate does not establish total profit because price movement and other costs remain separate.
- The output is scenario arithmetic, not an account statement, carry recommendation or financial advice.
Where to verify Bitcoin product inputs
Open the specification for the exact symbol on the same broker server and account type. Record calculation mode, trade contract size, tick size and value, quote or profit currency, initial margin, margin rate, swap mode, signed long and short swap values, daily rollover multipliers and any product expiration. MetaQuotes documents the available properties; the broker supplies their current values.
Determine whether the product is a broker CFD, perpetual contract, dated future or another derivative. Verify its contract unit, margin tiers, maintenance threshold, fee reserve, funding or rollover schedule, price basis and liquidation reference. BTCUSD, BTC/USD and Bitcoin labels do not prove identical terms. For liquidation, use the venue’s current order or position screen as authoritative because mark price, maintenance tiers, cross-margin balances, fees and funding can move the actual threshold.
For a completed trade, the broker statement is authoritative for account activity. Reconcile each debit or credit using confirmed position size, rate unit, event time and conversion. The calculator is designed to expose assumptions and support that reconciliation; it cannot replace the contractual product terms or determine tax and legal treatment.
Frequently asked questions
- Use the selected broker money, Bitcoin price-unit or annual-current-notional formula, then multiply by the explicitly entered schedule units.
- No. A broker CFD can use daily financing while a perpetual contract can use periodic funding. Verify the exact product interval and cutoff.
- Negative represents a modeled debit and positive a modeled credit. Long and short products can publish different values, so the page does not infer the sign.
- They are the entered number or weight of applicable funding or rollover events. The tool does not convert calendar days into provider events automatically.
- No. This explicit MetaTrader-style scenario uses a 360-day divisor. Do not use it when the provider documents another basis.
- Yes. Rates and schedules can change by provider, product, direction, market conditions, entity and account classification.
- No. Funding is only one entered cash-flow component. Price movement, spread, commission, slippage and tax remain separate.
- No. It connects to no broker or exchange and does not fetch a price, rate, interval, schedule or statement entry.
Sources and methodology
- MetaQuotes — Symbol Properties — Documents CFD margin modes, contract fields, swap modes and daily rollover multipliers.
- MetaQuotes MQL5 AlgoBook — Getting swap sizes — Distinguishes points, money and annual-interest swap modes and the 360-day interest convention.
- IG — Cryptocurrency MT4 product details — Provides one broker-specific example of Bitcoin contract size, margin and daily long/short funding terms.
- OKX — Crypto derivatives product disclosure — Documents isolated-position liquidation approximations, maintenance margin, mark price and the need to use the platform’s current estimate.
- Bybit — Liquidation price — Shows how isolated and cross-margin formulas, maintenance tiers, fees and account balances can change the threshold.
- Financial Conduct Authority — Contract for Differences — Describes retail CFD protections and risk within the FCA regime.
- FCA Handbook COBS 22.6 — Records the UK retail prohibition on cryptoasset derivatives and exchange-traded notes.
The operational contract is Entered Bitcoin CFD Account Economics version 1.0.0. Independent fixtures cover supported margin conventions, signed financing units, currency conversion and product-specific adjustment boundaries. Sources support the disclosed arithmetic and verification workflow; they do not supply or validate any page input.
Continue the Bitcoin risk and cost planning workflow
Compare exact Bitcoin derivative terms before calculating
Broker product names, contract sizes, margin rules, financing rates, adjustment methods and regional availability can differ. Open the exact entity and account-type specification before transferring a result between brokers.
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