PAPER

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Paragonpara:PAPER	0.02786	+0.0281	pay 0.0035% / 1h	12m 44s	$5.6M	$5.1M	3x	Long Paragon
SHORT	edgeXPAPERUSDC	0.02795	+0.0056	get 0.0028% / 4h	3h 12m	$137	$92K	3x	Short edgeX

Price gap+0.317%58s

Funding gap−0.0225% /8h

The gap pays +$32 on $10k if it goes back to zero (no 7-day history yet), but funding costs $7 a day and eats that in about 4.7 days.

If you open now and hold

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

Funding—−0.0225% /8h now · no funding history yet

Price—spread +0.317%58s now · prices read too far apart to compare

Costsno datano order book for 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+0.317%

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 edgeX: its slippage is not counted.
Note: Margin at max leverage$3,333 + $3,333
Paragon 3x, edgeX 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$6.74Long Paragon: 24 payments, −$8.42; short edgeX: 6 payments, +$1.68.
Watch: Prices read 58 s apart+0.317% vs —
Part of this gap may be the market moving.
Watch: Short leg is thinner$137 vs $5.6M OI
edgeX sets your exit cost. Check its book before closing.
OK: Points on a legedgeX points
Volume here counts toward the points program.
OK: No KYC on either legParagon No · edgeX No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earnedno history yet: current rate−$47.21

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for edgeX—

Fee Paragon bp × 2 orders−$18.00

Fee edgeX bp × 2 orders−$9.00

Net, fees only · 7 days · $10k−$74.21

price spread not counted: prices read too far apart

Costs to cover0.270%Break-evennever at this rate

Slippage: Paragon: live order book, 10 min ago; edgeX: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGParagon219.24570.1 bp−$570doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTedgeX—————

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

PAPER news

posts that mention PAPER, from every exchangeSearch all news →

10-19 16:33	Aster	Other	Trade $PAPER on Aster: @Aster_DEX on X ↗
10-19 16:33	Aster	Listing	Paper hands, you can now long your losses. $PAPER (@papertrade_xyz) pre-launch perps has landed on Aster with up to 3x leverage. @Aster_DEX on X ↗
10-19 15:55	Aster	Listing	new market PAPERUSDT ($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