Providing liquidity in a concentrated range on SushiSwap V3 can be profitable, but only if you understand how your range might perform.
Poolfish lets you backtest and simulate your chosen liquidity parameters so you can make informed decisions before adding funds.
Here’s the step-by-step guide.
1️⃣ Start on the Sushi Pool Page
- Go to Sushi.com and open Positions → V3 Position.
- Select Katana as your network.
- Choose your pool. Example: SUSHI/ETH (0.05% fee tier, APR ~219.8%).
- Click Add Liquidity.
2️⃣ Set Your Price Range in Sushi
- In the range selector, choose how concentrated you want your liquidity.
- The blue area on the chart shows your active range. You only earn fees while the market price is inside this range.
- Full Range covers the whole market with lower fees per capital.
- Presets (×2, ×1.2, ×1.01) give narrower ranges for higher potential fees.
- Custom lets you set Min Price and Max Price manually.
💡 Tip: This is when you should check Poolfish before confirming, so you can see how your range would have performed in the past.
3️⃣ Open Poolfish
- Visit Poolfish.xyz.
- Click SushiSwap Calculator on the left menu.
- Set:
- Network → Katana
- Pair → SUSHI / ETH
- Fee Tier → Match your Sushi selection (e.g., 0.05%)
- Click Calculate
4️⃣ Input Your Parameters
- Enter your total deposit amount in USD.
- Match the Min Price and Max Price exactly as you set in Sushi.
- Adjust the Most Active Price Assumption to where you expect the pair to spend the most time.
5️⃣ Review the Backtest Results
Scroll back up and you will see:
- Estimated Fees (24h) showing potential daily earnings based on historical data
- Monthly and Yearly APR (excluding impermanent loss)
If results are too low, widen your range or choose a higher-volume pair.
6️⃣ Compare and Adjust
- Change your range or deposit size in Poolfish to test different scenarios.
- Use Compare Pools to see other options and their performance.
- When happy, click Create Position on SushiSwap in Poolfish. This sends you back to Sushi.
7️⃣ Finalize in Sushi
- Review the details in Sushi.
- Deposit your tokens.
- Monitor your position. If price leaves your range, you stop earning fees.
