A system and method for measuring the modulation between a magnetic head and a magnetic storage medium, such as a disk, is disclosed. A magnetic read/write head is positioned above a magnetic storage medium at a given flying height. The magnetic read/write head reads a signal from the magnetic storage medium. A tester measures an alternating electric current between the magnetic read/write head through the slider and the magnetic storage medium. A computer may then calculate the modulation by the magnetic read/write head based on the alternating electric current. A DC voltage to the head may be applied to lower the flying height of the magnetic head.