Best Interest Rate to Use for BSM / Bjerksund Models - (ICE Swap Rates)?

[NaturallyNick]

I was looking at this:

https://www.theice.com/iba/ice-swap-rate

(1 year, US denominated) as I can just get the data from TradingView easily enough but wasn't sure if it was an appropriate one to pick. What do you guys think?

 

[NaturallyNick]

Other options would be LIBOR/SOFR, US Treasuries, or the Fed Funds Rate/OIS.

Some people discount it entirely, but since it's fairly easy to add into my spreadsheet early on, I wanted to keep it. But I see a lot of conflicting opinions on the "correct" one. Any idea what the MMs or derivatives focused hedge funds gravitate towards?

I'd be open to doing some reading through white papers as well since I still need to finish looking through the VIX's.

Cheers & God bless!