What is the margin loan rate or the short rate?

The US stock market defines a year as 365 days, and interest is charged when the position is held overnight, calculated on a natural day.The interest rate of long margin is 6.8% but is subject to change.

The short rate is shown in the stock details page as the picture below. Click on the "1" position and the following details will pop up.Please note that the short-selling reference rate is only a reference value in the session, and the actual interest rate is subject to the interest rate at the time of settlement moment on the day. Please pay attention to your statement.