Position simulator
Full-policy Monte Carlo (brief §5.5): seeded GBM paths at hourly resolution, per-step fee accrual with self-dilution, range-exit rebalancing with explicit gas/swap/operator costs, marked to market at the horizon. Headline numbers come from this simulation — the static formulas on the overview are transparency aids.
Inputs
Range — presets are ±k·σ√T around spot (σ√T = 5.6%)
or manual–