Suppose you have a loan of $10,000,000 outstanding, on which you will have to make a floating-rate interest rate payment on Monday, October 7. The interest payment is determined based on a 3-month SOFR rate on that day. You fear that in the next several days the rate might rise. So, you hedge yourself by trading 3-month SOFR futures. Assume that you enter the position at the close of day on Tuesday, October 1, and you trade AUG 24 contract.