The 50th issue of ENA was too fierce, and the 51st issue is here again.
I have some BTC and ETH spot. If I pledge them to borrow FDUSD to buy new stocks, is there any profit margin?
The annual interest rate for borrowing FDUSD is now more than 40%, and the 51-month new payment lasts for 4 days.
Assuming that the loan is borrowed half a day in advance, the actual loan period is 4.5 days, and the approximate interest rate is 0.41 * 4.5 / 365 = 0.005
If the new income exceeds five thousandths, you will make a profit; if it is lower than this value, you will lose money.
There is a premise here, the interest rate of loans should not rise any further. If everyone borrows, the interest rate should still rise.😅
Has anyone played this way? Is it reliable?
