PAPER

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GatePAPER_USDT	0.02528	+0.0100	pay 0.0050% / 4h	0m 53s	$21K	$21K	10x	Long Gate
SHORT	edgeXPAPERUSDC	0.02656	+0.0053	get 0.0026% / 4h	0m 53s	$130	$84K	3x	Short edgeX

Price gap+5.064%47s

Funding gap−0.0047% /8h

The gap pays +$506 on $10k if it goes back to zero (no 7-day history yet), but funding costs $1 a day and eats that in about 12 months.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding—−0.0047% /8h now · no funding history yet

Price—spread +5.064%47s now · prices read too far apart to compare

Costsno datano order book for Gate and edgeX

Result, before costs—+ Points / potential airdropedgeX: points · farm boardneeds funding history

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+5.064%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PAPER on 6 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Note: Order book unknown—
No order-book sample for Gate and edgeX: its slippage is not counted.
Note: Margin at max leverage$1,000 + $3,333
Gate 10x, edgeX 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$1.41Long Gate: 6 payments, −$3.00; short edgeX: 6 payments, +$1.59.
Watch: Prices read 47 s apart+5.064% vs —
Part of this gap may be the market moving.
Watch: Short leg is thinner$130 vs $21K OI
edgeX sets your exit cost. Check its book before closing.
OK: Points on a legedgeX points
Volume here counts toward the points program.
Watch: KYCGate Yes · edgeX No
KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earnedno history yet: current rate−$9.90

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for Gate and edgeX—

Fee Gate bp × 2 orders−$15.00

Fee edgeX bp × 2 orders−$9.00

Net, fees only · 7 days · $10k−$33.90

price spread not counted: prices read too far apart

Costs to cover0.240%Break-evennever at this rate

Slippage: Gate: no order-book sample; edgeX: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGGate—————

SELL · SHORTedgeX—————

Closing costs about the same again.
Gate and edgeX: no data.

PAPER news

posts that mention PAPER, from every exchangeSearch all news →

10-19 15:55	Aster	Listing	new market PAPERUSDT ($PAPER) seen by our collector
10-19 09:02	edgeX	Listing	New Crypto Perp Listings on edgeX $DNA AI agent economy infrastructure. $PAPER On-chain synthetic perpetual trading protocol. Trade to Earn Mystery Box @edgeX_exchange on X ↗
10-19 07:35	BingX	Listing	new market PAPER-USDT ($PAPER) seen by our collector
10-19 07:12	edgeX	Listing	new market PAPERUSDC ($PAPER) seen by our collector
10-19 05:35	MEXC	Listing	new market PAPER_USDT ($PAPER) seen by our collector
10-19 04:30	Gate	Other	Gate Futures Pre-Market Listing: $PAPER 🔹 Trade long or short with up to 10x leverage 🔹 Choose leverage when ordering Trade: @Gate on X ↗