Hedging
Build a currency hedge, before you commit capital
Set your local-currency exposure, choose how much of it to cover, and see the margin, funding carry and scenario outcomes of the hedge — all figures illustrative.
Inputs
≈ 700,060,000 NGN at 1,400.12
75%
5x
90 days
Hedge summary
Hedged notional
$375,000
Margin required
$75,000
Funding (90d)
-$12,150
Liquidation buffer
19.5%
Position
Short NGN
Funding / 8h
0.012%
Unhedged exposure
$125,000
Scenario analysis
Outcome if NGN moves against USD over the next 90 days.
| NGN move | Unhedged P&L | Hedge P&L | Net (after funding) |
|---|---|---|---|
| -15% | -$75,000 | $56,250 | -$30,900 |
| -10% | -$50,000 | $37,500 | -$24,650 |
| -5% | -$25,000 | $18,750 | -$18,400 |
| 0% | $0 | $0 | -$12,150 |
| +5% | $25,000 | -$18,750 | -$5,900 |
| +10% | $50,000 | -$37,500 | $350 |
| +15% | $75,000 | -$56,250 | $6,600 |
Illustrative only. Scenario outcomes exclude trading fees, slippage and intra-period margin calls. Leveraged products carry significant risk of loss.