THE FLEET — boats collide, prices move, the triangle closes
Seven boats of translucent blocks on liquid white, each carrying oils in three
assets: T transmitA absorbR reflect. A collision is a trade. Prices are held as three
levels and every rate is a difference, so
log p_TA + log p_AR + log p_RT = 0 identically — triangular
no-arbitrage is the arm closure wearing a different hat. Nothing is simulated
loosely: conservation and the triangle are checked every frame.