Carry

What a position earns (or costs) just by existing, before any price move: coupons, rate differentials, funding costs. "Positive carry" pays you to wait; most blow-ups start as beautiful carry.

Where Carry is explained in depth

The definition above is the short version. These pages put it to work, in the order they use it most:

Calculators that compute it

Terms this definition uses

The whole glossary

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