Net BPV of a Swap

How do you calculate the net BPV of a swap?
Is it the difference between the: BPV fixed - BPV floating side; or
Difference between: BPV receiver leg - BPV payer leg

BPV of pay-fixed swap = BPV floating - BPV fixed

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It’s the BPV of the side you are receiving (fixed or floating) MINUS the BPV of the side you’re paying.

Bonus question - what’s the BPV of a Slap? Because I just sat for the test today lol.