LP education · how long a range lasts
My narrow range keeps going out. How long should a width hold the price?
The short version
Same 3% daily wiggle: the app's starting width (17.35%) holds price 7.11 days on average. The narrowest width (2.02%) holds it 2.67 hours.
One key variable: h, how far price must travel to your edge. At App start it's 0.08 (about 8%). With an example 3% wiggle: (0.08 ÷ 0.03)² = 7.11 days. A jumpier pair holds for less.
Small print: h = ½ × ln(1 + width). Standard random-walk math, no trend. Illustrative, not a promise.
1 · The wandering dot
One price path, two bands. The thin one loses price far sooner than its width suggests.
2 · The square law
Hold time grows with the square of h. Double the ticks (1,600 → 3,200) and 7.11 days becomes 28.44 days.
Ticks are the app's tiny price steps, and they multiply. Each 200-tick rung is about 2%, so twice the ticks is 37.71%, not 34.70%.
17.35% → 7.11 days average, not a schedule
| Ticks | Width | h | Average hold (σ 3%) |
|---|---|---|---|
| 200 | 2.02% | 0.0100 | 2.67 hours |
| 400 | 4.08% | 0.0200 | 10.67 hours |
| 1,600 | 17.35% | 0.0800 | 7.11 days |
| 3,200 | 37.71% | 0.1600 | 28.44 days |
| 4,800 | 61.60% | 0.2400 | 63.99 days |
3 · The wiggle
Same 17.35% width, three wiggles. How jumpy the pair is matters as much as your width.
Illustrative wiggle, not DELL's measured volatility
4 · The trade
Per dollar, Narrowest sits 7.9× thicker at the price than App start (201× vs 25.5× in Configuration's range designer). Thicker means a bigger fee share while price is inside. The catch: it holds price 64× shorter.
Narrowest 2.02% vs App start 17.35% · log scale
| Narrowest vs App start | Factor | From |
|---|---|---|
| Thickness per dollar | 7.9× thicker | 201× ÷ 25.5× (200.51 ÷ 25.50 = 7.86) |
| Time in range | 64× less | (0.0800 ÷ 0.0100)² = 64 |
5 · Where the clock starts
It times price from the middle of your range. After a snuggle, the new range sits just past price with one token, earning nothing until price enters.
The formula applies.
The clock starts when price walks in, at an edge.
Edges snap to 200-tick rungs, so a fresh range can start up to a rung off-centre and leave sooner.
6 · Worked example
σ = 3% a day, price starting mid-range.
Illustrative, not a promise.
7 · Try it
Pick a width and a wiggle. See what doubling either one does.
Try 2.02: the hold drops to 2.67 hours. Illustrative, not a promise.
Honest limits
What to do with this
Now you can size your range on purpose: pick the time you want, then the width.
Average hold, price starting mid-range, from the formula. Illustrative, not a promise.
DELL has moved more than 3% a day. Put your pair's wiggle in the calculator above; the app's presets are tuned to the pool's measured volatility.
Compare widths in the range designer → ConfigurationEducational content, not financial advice. Providing liquidity can lose money; nothing here promises returns.