PAPER arbitrage
As of 2026-10-25 07:58 UTC, PAPER has fewer than two exchanges with a liquid spot market, so there is no route between exchanges.
Futures: no PAPER route is in profit after fees right now.
PAPER on 1 exchange spot and 1 in futures: live routes, past spreads and how long they last.
Prices at · open routes a minute older; real time in the scanners on paid plans · How we count
- Price
- $0.012315
- 24h volume
- $231.7K
- Exchanges
- 2
- 1 spot · 1 futures
- Routes now
- 0
- 0 take · 0 risky
- Gaps in 7 days
- 23
- 10 over a minute
PAPER right now
No route in profit after fees is worth a look right now.
Over 7 days a spread in profit opened 23 times, and 10 of them lasted a minute or longer; one usually closed within 45 s.
PAPER arbitrage opportunities now
No route is profitable after fees right now.
PAPER arbitrage strategy
No PAPER route worth taking with an open transfer right now. Fresh routes are in the scanner.
PAPER price on every exchange
Refreshed every 10 seconds. The best buy and sell prices are highlighted.
Spot · 1
| Exchange | Bid | Ask | Book spread | 24h volume |
|---|---|---|---|---|
| XTPAPER/USDT | 0.011290 | 0.013340 | 16.65% | $230.4K |
Perpetual futures · 1
| Exchange | Bid | Ask | Book spread | Funding | 24h volume |
|---|---|---|---|---|---|
| GatePAPER/USDT | 0.025400 | 0.028800 | 12.55% | 0.0050%/4h | $1,336 |
How often PAPER spreads open
Exchange pairs between which the price drifted apart with a profit after fees over 7 days. “Over a minute” counts the gaps that held for a minute or longer: those can be caught. The rest are flashes of seconds that close before an order arrives.
| Market | Route | Over a minute | Gaps | Median lifetime |
|---|---|---|---|---|
| perp ↔ perp | MEXC perp → BingX perp | 5 | 11 | 48 s |
| perp ↔ perp | BingX perp → MEXC perp | 3 | 4 | 3 min 00 s |
| perp ↔ perp | MEXC perp → Aster perp | 1 | 5 | 6.0 s |
| perp ↔ perp | Gate perp → MEXC perp | 1 | 1 | 1 min 03 s |
| perp ↔ perp | Aster perp → Gate perp | 0 | 1 | 3.0 s |
| perp ↔ perp | Aster perp → MEXC perp | 0 | 1 | 3.0 s |
Networks, deposits and withdrawals
Whether the coin can be moved between exchanges: withdrawals open where you buy and deposits open where you sell. Refreshed every 5 minutes.
| Network | Exchange | Deposit | Withdraw | Withdrawal fee |
|---|---|---|---|---|
| PAPER | LBankpaper | n/a | closed | — |
Gaps of a minute or longer, last 7 days
| When (UTC) | Market | Route | Spread | Lasted | Transfer |
|---|---|---|---|---|---|
| Oct 19, 11:36 PM | perp ↔ perp | MEXC → Aster | 0.509% | 1 min 33 s | — |
| Oct 19, 11:10 PM | perp ↔ perp | Gate → MEXC | 0.484% | 1 min 03 s | — |
| Oct 19, 05:26 PM | perp ↔ perp | BingX → MEXC | 0.896% | 3 min 00 s | — |
| Oct 19, 04:55 PM | perp ↔ perp | MEXC → BingX | 0.399% | 3 min 12 s | — |
| Oct 19, 04:45 PM | perp ↔ perp | MEXC → BingX | 1.893% | 4 min 09 s | — |
| Oct 19, 04:10 PM | perp ↔ perp | MEXC → BingX | 0.571% | 2 min 51 s | — |
| Oct 19, 03:49 PM | perp ↔ perp | MEXC → BingX | 0.703% | 1 min 06 s | — |
| Oct 19, 03:43 PM | perp ↔ perp | BingX → MEXC | 0.466% | 3 min 21 s | — |
| Oct 19, 03:00 PM | perp ↔ perp | BingX → MEXC | 0.128% | 1 min 12 s | — |
| Oct 19, 02:56 PM | perp ↔ perp | MEXC → BingX | 1.460% | 13 min 36 s | — |
Spread at the peak after taker fees. Lifetime is measured to about 3 s.
More on PAPER
FAQ
- Why is the PAPER spread so high on some exchanges?
No PAPER route is in profit after fees now; a wide gap usually means a thin book, closed withdrawals or another token under the ticker. We have no network status from XT, so a transfer there cannot be checked.