Force Exercise Cost

A force exercise closes an eligible position through dispatchFrom. Its cost depends on the long legs, their ranges, position size, and differences between current and oracle prices.

Engine-specific calculation

The proxy release uses FORCE_EXERCISE_COST = 5_000_000 with DECIMALS = 10_000_000: 50% of each eligible long leg's estimated remaining extrinsic value at the oracle tick. This replaces the earlier exercise-cost calculation. See the release parameters.

For an in-range leg, the extrinsic-value component is capped at 50% of notional and the minimum is the larger of the notional commission and half the tick spacing in basis points. Out-of-range legs use the notional commission floor. The cap applies to the extrinsic-value component; the tick-spacing floor and current/oracle value adjustments can affect the final payment. Short legs and zero-width loans or credits do not contribute to this long-leg calculation.

The calculation considers position legs and price displacement, and returns amounts for both tokens. Settlement can also redistribute balances across collateral tokens. Preserve the return-value sign convention and token ordering from the reference instead of interpreting every nonzero amount as a fee in a chosen quote asset.

Use the release exerciseCost source and dispatchFrom guide. Simulate the full operation with the caller's and target account's complete position lists; a fee estimate alone does not prove execution will succeed.