Difference between swap and roll over in trading

The swap in trading refers to the interest rate differential between the two currencies in a currency pair. It is the fee charged or received for holding a position overnight.
The rollover is the process of extending an open trading position to the next trading day. It is important to note that while both terms are related to overnight positions, they refer to different aspects of trading.
Rollover rate is the interest rate differential between the two currencies in a currency pair, while swap rate is the fee charged or received for holding a position overnight. Understanding these distinctions is essential for forex traders to make informed decisions and potentially maximise their trading profits.