PAPER

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCPAPER_USDT	0.02627	+0.0248	pay 0.0031% / 1h	59m 05s	$18K	$56K	20x	Long MEXC
SHORT	Paragonpara:PAPER	0.02648	+0.0254	get 0.0032% / 1h	59m 05s	$5.4M	$5.4M	3x	Short Paragon

Price gap+0.796%

Funding gap+0.0006% /8h

Funding is ≈ 0, so this is a price-spread trade: +$80 on $10k if the gap goes back to zero (no 7-day history yet).

If you open now and hold

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

Funding—+0.0006% /8h now · no funding history yet

Price—spread +0.796% now · no price history on both exchanges yet

Costsno datano order book for MEXC

Result, before costs—no pointsneeds 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+0.796%

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

1 ok · 2 to watch

Note: Order book unknown—
No order-book sample for MEXC: its slippage is not counted.
Note: Margin at max leverage$500 + $3,333
MEXC 20x, Paragon 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$0.19Long MEXC: 24 payments, −$7.44; short Paragon: 24 payments, +$7.63.
Note: No 7-day spread history+0.796%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$18K vs $5.4M OI
MEXC sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCMEXC Yes · Paragon No
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earnedno history yet: current rate+$1.35

Price spread+0.796% → 0+$79.56

Slippage, 4 ordersno data for MEXC—

Fee MEXC bp × 2 orders−$20.00

Fee Paragon bp × 2 orders−$18.00

Net, fees only · 7 days · $10k+$42.91

Costs to cover0.380%Break-evenfrom the start

Slippage: MEXC: no order-book sample; Paragon: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC—————

SELL · SHORTParagon71.3599.0 bp−$99doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.
MEXC: 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 ↗