Tune your position
Three settings shape a position: how wide your range is, how long it waits before moving, and where earned fees go. Each one is a trade. Here is what each one changes, with real numbers and a range designer you can play with.
In short
- Narrow range: more fees per dollar while price is inside, but price walks out more often. Wide range: the reverse.
- Every pool has a smallest possible range, set by its tick spacing. On today's live pool that is 2.02%.
- The snuggle delay (anything from 0 to 7 days, your choice) makes a position wait out brief spikes before an automatic snuggle.
- You can change width and delay later. New values apply at the next snuggle.
Range width
Why not just pick the widest range and relax? Because your deposit only earns while the price is inside its range, and the same money spread over more prices is thinner at each one.
Width controls two things at once: how concentrated your liquidity is, and how easily price walks out.
Put simply: at the narrowest width on today's live pool, each dollar earns like roughly 200 dollars spread across every price. At the app's starting width it is about 25×. At 100% wide it is about 6×. Those multiples only apply while price is inside.
How the app writes a width
The app shows width in two ways, for example 17.35% full span (±8.33% from price).
- Full span is how far the top edge sits above the bottom edge: (high ÷ low − 1) × 100.
- ± from price is how far each edge sits from the middle.
Why ±8.33% and not ±8.68%?
Price steps multiply, they don't add. Going up 8.33% twice gives the full span:
In ticks: 1,600 ticks wide means 1.00011600 − 1 = 17.35% full span, and 1.0001800 − 1 = 8.33% each side.
The smallest range a pool allows
A pool only lets a range start and stop on certain price steps. The smallest step is one tick (0.01%), but a range can't start or stop on just any tick. It only allows every Nth one, where N is its tick spacing. So the narrowest range is one spacing wide.
| Fee tier | Tick spacing | Narrowest (full span) | ± from price |
|---|---|---|---|
| 0.01% | 1 | 0.01% | ±0.005% |
| 0.05% | 10 | 0.10% | ±0.05% |
| 0.25% (PancakeSwap) | 50 | 0.50% | ±0.25% |
| 0.30% | 60 | 0.60% | ±0.30% |
| 1% Live pool | 200 | 2.02% | ±1.00% |
Computed as 1.0001spacing − 1 for the full span, and 1.0001spacing ÷ 2 − 1 for each side. Aerodrome pools are listed by tick spacing rather than fee, so read the spacing directly.
Snuggle delay
The delay is a waiting room. When price leaves your range, it sets how long the position must stay out before the keeper may snuggle it: close the old range and open a new one of the same width right next to the current price. No swap happens. The new range uses the token you now hold.
A short delay follows every move. A long delay ignores spikes that snap back, but the position earns nothing while it waits outside.
- The live price crosses your top edge. Nothing happens yet.
- The 30-minute average crosses too. At its next check (about every 1–3 minutes) the keeper starts the clock.
- Your delay counts down. Price stays out, so the position earns nothing here.
- Snuggle. Price rose, so you now hold the stablecoin side, and the new range opens just below price, ready to buy back on a dip.
- The live price pokes above your range.
- The 30-minute average follows, and the keeper starts the clock.
- The countdown begins.
- The average slips back inside. The keeper resets the clock (allowed once it has tracked for at least 5 minutes). No snuggle, no change, and the range earns again.
The rules behind the clock
| Who sets the delay | You, separately for each position |
|---|---|
| Allowed range | 0 seconds up to 7 days |
| Quick picks in the app | 1, 4, 6, 8, 14, 24 or 48 hours |
| Automatic snuggles | Off until you switch Auto Snuggle on for that position |
| What counts as "out" | The 30-minute average price must leave the range, and the live price must be outside too |
| How often the keeper looks | About every 1 to 3 minutes |
| Gas for automatic snuggles | Paid by the keeper, not you |
| On your card | The Delay box shows time left while out of range, and the Auto Snuggle pill counts down |
Presets in the app
Rather not pick numbers? The deposit screen offers three presets. Each one sets a width and a delay together, and the app shows the exact width and delay on each preset card before you choose.
- Mad Max: the tightest band with a short delay (6 hours unless Quantum Drive suggests otherwise). Dense fees, frequent snuggles.
- Best Fit: a middle band with a longer delay (typically 14 hours; Quantum Drive's suggestion replaces it when the pool has history).
- Easygoing: a wide band chosen to stay in range most of the time. Without Quantum Drive data it uses the widest band and a 24-hour delay. With Quantum Drive data it uses the optimizer's comfort pick, which can have a shorter delay.
Width × delay at a glance
Four corners, four personalities. Most setups land somewhere between them.
Why does "loss vs holding" become real at a snuggle? The new range starts fresh from the tokens you hold at that moment, so any gap from holding is locked in. Read more in impermanent loss, and see whether fees are keeping up with Cover Value.
Design a range
Pick a price, a fee tier and a width. The designer snaps your range to real rungs, the same way the app does.
Range designer
Snapped from 17.38% to the nearest whole number of steps. Illustration only.
Where your fees go
The third setting decides what happens to earned fees at each snuggle:
| Option in the app | What happens |
|---|---|
| Half in, half outdefault | Half of the fees in the token your new range holds go back in. The rest comes to your wallet. |
| Auto-compound all | Every fee the new range can use goes back in. |
| Send to wallet | All fees are paid out to you. |
Because a new range holds only one token, fees in the other token are always paid to your wallet. Between snuggles, fees wait in the pool until you press Collect Fees or Compound. The fee we take is covered in Performance & Fees.
Changing settings later
Tap the pencil on a position's Range box to open the strategy editor.
- Edit width or delay
- Saved on-chain
- Used at next snuggle
- A direct update restarts any out-of-range countdown. A queued change waits for the next snuggle and leaves the countdown running.
Words used on this page
- 30-minute average
- The pool's time-weighted price (TWAP). It decides when a position counts as out of range.
- Snuggle
- Our word for closing a range that price has left and opening a new one of the same width beside price, with no swap.
Quick answers
Does a wider range protect me from loss?
It feels the same move less, but it also earns less per dollar. It does not remove loss. See impermanent loss.
What does a delay of 0 do?
The keeper may snuggle at its next check after it starts the clock. The 30-minute average still has to leave the range first, so it is never instant.
Why isn't my range perfectly centred?
Both edges must land on a usable rung. On a 1% pool the rungs are about 2% apart, so the snap can shift the band slightly.
If the keeper stops, am I stuck?
No. You can still withdraw at any time, and you can snuggle a position yourself once it is out of range. Only automatic snuggles stop.