I know that for Tom/Spot swap the near leg is settled T + 1 and the far leg of the swap is settled T+2. However, is a Tom/Next same as Tom/Spot swap?
Tom/Next is not the same as Tom/Spot and correspondingly they have different prices. Tom/Next refers to closing out at the end of day and reopening at the start of the next day. So it doesn't cleanly fit into the T+ structure as they generally refer to closing prices.