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The Position Simulator helps you review how a planned liquidity position may behave across different price points. You can use it to explore estimated token mix, estimated fees and rewards, impermanent loss, LP opportunity cost, and LP vs HODL comparisons before creating a position.
The Position Simulator is an informational tool. It does not provide financial advice, predict future results, or guarantee any outcome. Simulated results are based on assumptions, current data, and historical data, and actual results may differ.

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Why use the Position Simulator?

Concentrated liquidity positions can change as price moves through, into, or out of your selected range. The Position Simulator helps you review:
  • Estimated position value — See how position value may change at different selected prices
  • Estimated token mix — Review how the position may shift between the two pool tokens
  • Impermanent loss — Review estimated opportunity cost compared with holding the deposited tokens
  • LP vs HODL — Compare estimated LP outcomes against holding at the selected price
  • Range settings — Test different price ranges before creating a position

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Getting Started

1

Navigate to a pool

Go to the Pools page and select a pool you want to review.
2

Set position parameters

In the Create Position sidebar, set your price range and optionally enter a deposit amount.
3

Open the Position Simulator

Find the Position Simulator directly below the Liquidity Terminal chart. Click to expand it.
4

Set the selected price

Click or drag the chart marker to set a Selected price. This is the price used to estimate position outcomes.
5

Configure time and yield settings

Enter Time In-Range and select a yield timeframe, such as 24H, to populate fee-based metrics.

Position Simulator interface with chart and position metrics

The Position Simulator interface showing estimated outcomes across different prices

You do not need to connect your wallet to use the simulator. Enter values in the Create Position sidebar to view simulations without creating a position.

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Understanding the chart

The chart shows how estimated position outcomes change across different selected prices.

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Selected price vs current price

Current Price

The current pool price. This is shown as a gray dashed line on the chart for reference.

Selected Price

A price you choose for the simulation. Metrics update as you adjust this value.

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Denomination toggles

The denomination toggles change how values are displayed:
  • Price denomination affects the x-axis and may flip the curve
  • PnL denomination affects the y-axis and may invert values
If the chart flips after toggling tokens, this is expected behavior. Price denomination and PnL denomination can invert the displayed curve.

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Key metrics explained

Estimated profit or loss at the selected price, relative to the deposit value.This may include:
  • Token mix changes
  • Estimated fees and rewards
  • The selected currency denomination
Net PnL is an estimate and does not guarantee actual returns.
Shows how the liquidity position may be split between the two pool tokens at the selected price.In concentrated liquidity pools, position composition changes as price moves:
  • As price increases, the position may hold more of one token
  • As price decreases, the position may hold more of the other token
  • When price moves outside the selected range, the position may become 100% one-sided
This behavior is part of concentrated liquidity AMM mechanics.
Estimated fee return rate based on historical data and projected fee metrics for the selected timeframe, such as 1H, 24H, or 7D. Shown as a percentage of deposit value.Note: This metric is not annualized in the simulator.
Estimated fees earned over the entered Time In-Range.
  • Only populates when a Time In-Range is entered
  • Displayed in dollars when deposit amounts are entered
  • Based on historical and current data, not guaranteed future fees
The total time you want to model the position as remaining within its selected price range.Important: Time In-Range represents modeled time within range, not total elapsed time.
The estimated cost of providing liquidity compared with holding the deposited assets at the selected price.It combines two sources of potential difference:
  1. Impermanent Loss — Occurs as price moves away from the deposit price while the position remains in range
  2. Directional Price Exposure — Occurs when a position moves out of range and becomes fully one-sided
Estimated fees and rewards would need to exceed this cost for the modeled LP outcome to be positive.
The estimated opportunity cost of providing liquidity compared with holding the deposited tokens at the selected price. IL depends on price movement, not time.
  • Shown as zero when the selected price matches the entry price
  • Shown as a loss when price moves away from the entry price
The estimated difference between providing liquidity and holding the deposited tokens at the selected price.Formula: Estimated Yield Earned − LP Opportunity Cost
  • Positive: The simulated LP outcome is higher than holding
  • Negative: The simulated holding outcome is higher than LPing
  • Shows as a percentage without a deposit amount
  • Shows in dollars when a deposit amount is entered
  • Only populates when Time In-Range is greater than 0

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Common Questions

This is expected. LP Opportunity Cost is price-based, not time-based. It reflects the estimated opportunity cost at the selected price regardless of modeled time in range.
This usually means:
  • Time In-Range is 0, and/or
  • No deposit amount has been entered
Enter both values to see additional metrics.
This means the selected price is outside the selected range. Out-of-range positions:
  • Do not accrue swap fees while out of range
  • Become fully one-sided in token composition
Review the selected price and range settings.
Estimated yield can be lower than estimated impermanent loss or LP opportunity cost at the selected price. In that simulation, holding shows a higher estimated outcome than providing liquidity.
The simulator provides estimates based on current data, historical data, and selected assumptions. Actual results depend on factors including:
  • Future trading volume and fees
  • Future price movement
  • Liquidity changes
  • Reward availability
  • Market conditions
  • Time actually spent in range
Past performance is not a guarantee of future returns.

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Data Sources

The Position Simulator uses onchain pool data and historical trading activity from Orca to estimate outcomes.
All calculations are based on data and assumptions at the time of simulation. The simulator does not predict future volume, future fees, or future price movement. Actual results may differ from simulated results.

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Limitations

The simulator uses estimates and assumptions. Keep in mind:
  • Slippage and priority fees are not accounted for
  • Earned fees are estimated, not guaranteed
  • Rewards may change or may not be available
  • Market conditions may change rapidly
  • Actual time in range may differ from the selected Time In-Range
  • Actual results may differ significantly from simulations

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Video Walkthrough

Watch a demonstration of the Position Simulator:

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Next Steps

Impermanent Loss

Learn how impermanent loss works in concentrated liquidity

Create a Custom Range Position

Learn how to set a custom range

Liquidity Position Concepts

Review key concepts for liquidity positions

Understanding Charts

Learn how to read price charts and liquidity distribution