Shocking tragedy! The BNB hedging mining is suffering heavy losses right now. I'm going to reveal the truth, it's too tragic!
Is the BNB hedging mining going to fail? Earnings review + blind guess on opening price
Based on a rough pre-market price of 0.9U, this period's earnings are painfully low:
USDC pool: Earnings 0.13%, exchange rate loss 0.04%, net profit 0.09%, not even worth a mosquito's leg.
FDUSD pool: Earnings 0.27%, exchange rate fatigue at 0.21%, net remaining 0.06%, barely breathing.
BNB pool: Hedging model earnings 0.22%, but the funding rate over three days is as high as 0.35%, net loss of -0.13% without considering fees! Mining, don’t even mention it, the costs are a mess and impossible to calculate.
Predicting tonight's opening price at 21:00, for the hedging party to avoid losses, it must at least rise above 2.2U, otherwise, it's a total loss. This period's mining is purely digging one's own grave, the U pool earnings are so low that it's laughable, coupled with fees, the BNB hedging is directly collapsing. The opening will reveal everything, let’s pray!