diff --git a/apps/fortuna/Cargo.lock b/apps/fortuna/Cargo.lock
index 9da01ca49..78a359166 100644
--- a/apps/fortuna/Cargo.lock
+++ b/apps/fortuna/Cargo.lock
@@ -1503,7 +1503,7 @@ dependencies = [
 
 [[package]]
 name = "fortuna"
-version = "7.1.0"
+version = "7.2.0"
 dependencies = [
  "anyhow",
  "axum",
diff --git a/apps/fortuna/Cargo.toml b/apps/fortuna/Cargo.toml
index eb7cf2ded..959fa1c03 100644
--- a/apps/fortuna/Cargo.toml
+++ b/apps/fortuna/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "fortuna"
-version = "7.1.0"
+version = "7.2.0"
 edition = "2021"
 
 [dependencies]
diff --git a/apps/fortuna/src/config.rs b/apps/fortuna/src/config.rs
index 0687d7846..70698f3fa 100644
--- a/apps/fortuna/src/config.rs
+++ b/apps/fortuna/src/config.rs
@@ -143,20 +143,23 @@ pub struct EthereumConfig {
     pub escalation_policy: EscalationPolicyConfig,
 
     /// The minimum percentage profit to earn as a function of the callback cost.
-    /// For example, 20 means a profit of 20% over the cost of the callback.
+    /// For example, 20 means a profit of 20% over the cost of a callback that uses the full gas limit.
     /// The fee will be raised if the profit is less than this number.
-    pub min_profit_pct: u64,
+    /// The minimum value for this is -100. If set to < 0, it means the keeper may lose money on callbacks that use the full gas limit.
+    pub min_profit_pct: i64,
 
     /// The target percentage profit to earn as a function of the callback cost.
-    /// For example, 20 means a profit of 20% over the cost of the callback.
+    /// For example, 20 means a profit of 20% over the cost of a callback that uses the full gas limit.
     /// The fee will be set to this target whenever it falls outside the min/max bounds.
-    pub target_profit_pct: u64,
+    /// The minimum value for this is -100. If set to < 0, it means the keeper may lose money on callbacks that use the full gas limit.
+    pub target_profit_pct: i64,
 
     /// The maximum percentage profit to earn as a function of the callback cost.
-    /// For example, 100 means a profit of 100% over the cost of the callback.
+    /// For example, 100 means a profit of 100% over the cost of a callback that uses the full gas limit.
     /// The fee will be lowered if it is more profitable than specified here.
     /// Must be larger than min_profit_pct.
-    pub max_profit_pct: u64,
+    /// The minimum value for this is -100. If set to < 0, it means the keeper may lose money on callbacks that use the full gas limit.
+    pub max_profit_pct: i64,
 
     /// Minimum wallet balance for the keeper. If the balance falls below this level, the keeper will
     /// withdraw fees from the contract to top up. This functionality requires the keeper to be the fee
@@ -182,15 +185,20 @@ fn default_priority_fee_multiplier_pct() -> u64 {
 
 #[derive(Clone, Debug, serde::Serialize, serde::Deserialize)]
 pub struct EscalationPolicyConfig {
-    /// The initial gas multiplier to apply to the gas limit.
+    // The keeper will perform the callback as long as the tx is within this percentage of the configured gas limit.
+    // Default value is 110, meaning a 10% tolerance over the configured value.
+    #[serde(default = "default_gas_limit_tolerance_pct")]
+    pub gas_limit_tolerance_pct: u64,
+
+    /// The initial gas multiplier to apply to the tx gas estimate
     #[serde(default = "default_initial_gas_multiplier_pct")]
     pub initial_gas_multiplier_pct: u64,
 
-    /// The gas multiplier to apply to the gas limit during backoff retries.
+    /// The gas multiplier to apply to the tx gas estimate during backoff retries.
     /// The gas on each successive retry is multiplied by this value, with the maximum multiplier capped at `gas_multiplier_cap_pct`.
     #[serde(default = "default_gas_multiplier_pct")]
     pub gas_multiplier_pct: u64,
-    /// The maximum gas multiplier to apply to the gas limit during backoff retries.
+    /// The maximum gas multiplier to apply to the tx gas estimate during backoff retries.
     #[serde(default = "default_gas_multiplier_cap_pct")]
     pub gas_multiplier_cap_pct: u64,
 
@@ -203,6 +211,10 @@ pub struct EscalationPolicyConfig {
     pub fee_multiplier_cap_pct: u64,
 }
 
+fn default_gas_limit_tolerance_pct() -> u64 {
+    110
+}
+
 fn default_initial_gas_multiplier_pct() -> u64 {
     125
 }
@@ -226,6 +238,7 @@ fn default_fee_multiplier_cap_pct() -> u64 {
 impl Default for EscalationPolicyConfig {
     fn default() -> Self {
         Self {
+            gas_limit_tolerance_pct: default_gas_limit_tolerance_pct(),
             initial_gas_multiplier_pct: default_initial_gas_multiplier_pct(),
             gas_multiplier_pct: default_gas_multiplier_pct(),
             gas_multiplier_cap_pct: default_gas_multiplier_cap_pct(),
diff --git a/apps/fortuna/src/keeper.rs b/apps/fortuna/src/keeper.rs
index 49a518a8d..a836adea4 100644
--- a/apps/fortuna/src/keeper.rs
+++ b/apps/fortuna/src/keeper.rs
@@ -338,9 +338,13 @@ pub async fn run_keeper_threads(
             // In the unlikely event that the keeper fees aren't sufficient, the solution to this is to configure the target
             // fee percentage to be higher on that specific chain.
             chain_eth_config.gas_limit,
-            chain_eth_config.min_profit_pct,
-            chain_eth_config.target_profit_pct,
-            chain_eth_config.max_profit_pct,
+            // NOTE: unwrap() here so we panic early if someone configures these values below -100.
+            u64::try_from(100 + chain_eth_config.min_profit_pct)
+                .expect("min_profit_pct must be >= -100"),
+            u64::try_from(100 + chain_eth_config.target_profit_pct)
+                .expect("target_profit_pct must be >= -100"),
+            u64::try_from(100 + chain_eth_config.max_profit_pct)
+                .expect("max_profit_pct must be >= -100"),
             chain_eth_config.fee,
         )
         .in_current_span(),
@@ -435,7 +439,7 @@ pub async fn process_event_with_backoff(
                 &event,
                 &chain_state,
                 &contract,
-                gas_limit,
+                gas_limit.saturating_mul(escalation_policy.gas_limit_tolerance_pct.into()) / 100,
                 gas_multiplier_pct,
                 fee_multiplier_pct,
                 metrics.clone(),
@@ -1253,15 +1257,15 @@ pub async fn adjust_fee_if_necessary(
         .await
         .map_err(|e| anyhow!("Could not estimate transaction cost. error {:?}", e))?;
     let target_fee_min = std::cmp::max(
-        (max_callback_cost * (100 + u128::from(min_profit_pct))) / 100,
+        (max_callback_cost * u128::from(min_profit_pct)) / 100,
         min_fee_wei,
     );
     let target_fee = std::cmp::max(
-        (max_callback_cost * (100 + u128::from(target_profit_pct))) / 100,
+        (max_callback_cost * u128::from(target_profit_pct)) / 100,
         min_fee_wei,
     );
     let target_fee_max = std::cmp::max(
-        (max_callback_cost * (100 + u128::from(max_profit_pct))) / 100,
+        (max_callback_cost * u128::from(max_profit_pct)) / 100,
         min_fee_wei,
     );