At equilibrium the diffusion currents and drift currents cancel separately for each carrier species. Electron diffusion is from n to p, while the electric field drives electrons from p to n; hole diffusion is from p to n, while hole drift is from n to p. The net current is zero, although these opposing microscopic fluxes are present. In conventional-current signs, both majority diffusion contributions point p to n and the balancing drift contributions point n to p.
Forward bias, , reduces the barrier and enhances majority-carrier diffusion and minority carrier injection. The ideal low-injection Shockley diode equation giveswhere positive current is p to n. For reverse bias, majority diffusion is suppressed and the field sweeps thermally supplied minority carriers across the junction, giving approximately . This saturation is limited by carrier supply rather than a current proportional to the field. Depletion-layer generation, recombination and eventual diode reverse breakdown modify the ideal result.
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