AbstractBy utilizing the close orbital separation between Swarm A and C during the Counter Rotation Orbit phase, we check the agreement and stationarity between the FAC‐associated magnetic signatures at the two spacecraft through cross‐correlation analysis. When the agreement and stationarity are passed, the magnetic signature is considered suitable for small and meso‐scale Field‐aligned currents (FAC) estimates with dual‐spacecraft technique. It is found that at low and middle latitudes the dayside wave structure with apparent periods of about 10–60s can be observed around 90% of the time during all seasons. From those 90% can be identified as quasi‐static current structures. On the nightside, the shorter period signatures dominate the apparent period spectrum. At about 30% of the time structures with 1–7s periods are observed. For the longer period signals the proportion is reduced greatly. About 80% of these signatures with periods longer than 3s are identified as quasi‐static current structures. By taking advantage of the constantly changing longitudinal orbit separation during the considered time intervals, we can determine the mean separation at which the correlation breaks down. This provides FAC scale sizes in east‐west direction separately for FACs of various latitudinal wavelengths. The result shows that typical east‐west scale sizes of FAC structures with latitudinal wavelength of 10–400 km range from 10 to 60 km, respectively. FAC‐related structures on the nightside have been associated with medium‐scale traveling ionospheric disturbances and structures on the dayside primarily with FACs driven by atmospheric gravity waves.