How is funding on other markets calculated?

Other markets

Size for CFDs means total contract value (number of contracts x value per contract).

Closing price means underlying market price at 10pm (UK time).

If your deal is in GBP

Size × closing price × LIBOR +/- 2.5% ÷ 365 Based on LIBOR one month overnight rate

If your deal is in USD

Size × closing price × US LIBOR +/–2.5% ÷ 360

If your deal is in EUR

Size × closing price × EURIBOR +/–2.5% ÷ 360

Please note: when trading a non-standard GBP-denominated index CFD, or a mini contract on any asset class, the funding rate is +/-3% rather than +/-2.5%

Related articles

IG Academy

Become a better trader with IG Academy. Take engaging step-by-step courses, attend expert-led seminars and webinars. 

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.