Carry trade interest calculation

Beginner Questions
1

Good evening,

a question to carry trades- well, i know what a carry trade is and that i get interest for the currency i buy and pay for the currency i sell, and if the difference is positive i win. (lets say the exchange rate does not move).
But how is the amount calculated- i mean on minute basis, or hour basis, because when i open a position one hour prior to the rolling and close the position right after the rolling, i was just one hour in the market.
So i get interest for one hour, or is calculated on minute basis, or even smaller?

2

Hi, there is no matter when you open trade, SWAP will be calculated from your position size. Regards Greg

3

So if i open the position 30 second prior to the swap calculating time and hold it, i get the same as if i open 10 hours earlier and hold it,
thanks!

4

I rarely got profit by swap, most of time I faced negative results! That’s why now I am using swap free trading account!