Will the BNB hedging mining be buried? Let's briefly review the earnings from this lunchpool and make a blind guess about the opening price.
We will calculate the earnings based on the current pre-market price of 0.9U.
After a series of rough calculations, I arrived at the following conclusions:
1. USDC Pool: Earnings 0.13%, exchange rate loss 0.04%, net earnings 0.09%;
2. FDUSD Pool: Earnings 0.27%, exchange rate loss: 0.21%, net earnings 0.06%;
3. BNB Pool: We won't discuss the situation of borrowing to mine, as the borrowing costs vary greatly across different channels. Here we will only discuss the earnings from the hedging model—earnings 0.22%,
and the funding rate for these three days is 0.35%. Without accounting for fees, the net earnings are -0.13%.
After calculating these, we can roughly predict the opening price at 21:00 tonight. If we want to ensure that those who hedge do not incur losses, then the opening price needs to be pulled above 2.2U.
In short, this mining session has been quite lonely, with the earnings from the U Pool being pitifully low. If we take fees into account, the BNB hedging situation is very grim. Anyway, let's look forward to the opening.