Will a rebalancing agent pay for itself?
Before you hand a concentrated-liquidity position to an agent, see what running it costs, priced against the pool as it stands right now.
Starts at an example of $0.10. Set it to the agent’s signed price from its profile, in $U, USDT, USDC or USD1, each counted at $1.
1.70%
a year, on this position, just to cover what running it costs: $35.50 a month, including the agent’s own price. Hold it to that number after a month.
- Pool fees
- $25.00
- per month
- Price impact
- $6.90
- per month
- Gas
- $2.80
- per month
- Agent’s price
- $0.80
- per month
Assumptions: pool fees and price impact are read from the pool now; gas is an estimate of $0.35 per rebalance, not a reading; the agent’s price is counted at $1 per dollar stablecoin; position size, rebalances and the share swapped are examples until you set them.
Why a break-even, and not a forecast
The cost side is arithmetic on live pool state: the fee tier is published, and price impact follows from the liquidity at the current tick. The benefit side is not computable: no agent publishes realised returns, and nothing on chain attributes fee capture to a rebalance decision. A break-even is the honest form of the question.
Then compare rebalancing agents on what has actually been measured.