PAPER

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Paragonpara:PAPER	0.02623	+0.0349	pay 0.0044% / 1h	57m 58s	$5.4M	$6.4M	3x	Long Paragon
SHORT	MEXCPAPER_USDT	0.02585	+0.0344	get 0.0043% / 1h	57m 58s	$17K	$51K	20x	Short MEXC

Price gap−1.460%49s

Funding gap−0.0005% /8h

Funding is ≈ 0 and the gap is 1.460% under zero (no 7-day history yet): the price leg works against you, −$146 on $10k if it goes back.

If you open now and hold

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

Funding—−0.0005% /8h now · no funding history yet

Price—spread −1.460%49s now · prices read too far apart to compare

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−1.460%

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 5 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Note: Order book unknown—
No order-book sample for MEXC: its slippage is not counted.
Note: Margin at max leverage$3,333 + $500
Paragon 3x, MEXC 20x. 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: −$0.15Long Paragon: 24 payments, −$10.47; short MEXC: 24 payments, +$10.32.
Watch: Prices read 49 s apart−1.460% vs —
Part of this gap may be the market moving.
Watch: Short leg is thinner$17K 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: KYCParagon No · MEXC Yes
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−$1.04

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for MEXC—

Fee Paragon bp × 2 orders−$18.00

Fee MEXC bp × 2 orders−$20.00

Net, fees only · 7 days · $10k−$39.04

price spread not counted: prices read too far apart

Costs to cover0.380%Break-evennever at this rate

Slippage: Paragon: live order book, 5 min ago; MEXC: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGParagon255.71314.8 bp−$315doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTMEXC—————

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

PAPER news

posts that mention PAPER, from every exchangeSearch all news →

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: $PAPER 🔹 Trade long or short with up to 10x leverage 🔹 Choose leverage when ordering Trade: @Gate on X ↗
10-19 01:51	Gate	Listing	new market PAPER_USDT ($PAPER) seen by our collector