PAPER (PAPER) price, where to buy & arbitrage

PAPER 2 exchanges

paper (PAPER) is listed on only 2 exchanges, across 1 spot, 1 perpetual markets, so it trades thin. Headline PAPER arbitrage gaps between exchanges like these often shrink once real book depth is counted, which is why Finder measures executable size rather than top-of-book alone. The deepest liquidity is on Xt ($274,701 of $282,609 total 24h volume). With both spot and perpetual PAPER markets live, the spot-versus-perp gap and the cross-exchange spread are both arbitrage opportunities. Finder compares every PAPER quote in real time to surface the best cross-exchange arbitrage spread, with live deposit and withdrawal status on each rail. Closed transfer rails are flagged before you act, so a wide spread on a stuck route is never shown as live.

Data refreshed 2026-10-26

View on dashboard

Live · 2 exchanges Real-time ↗

$0.023657

≈ ₽1.92

+56.78%24h

Best spread now +12.25%

Xt → Gateio · 24h high +23.09% · 20h ago

Most liquid Xt spot · $275k/24h

Best arb right now

▸ BUY on

Xt spot

$0.02334

→

▸ SELL on

Gateio futures

$0.026266

+12.25%

$123 net · on $1000 notional

Open · single-exchange legs Open in terminal

PAPER price · last 7d

-17.08%

low 0.012315 Xt · 7d high 0.053365

Pre-IPO & tokenized-equity trading

Crypto

paper (PAPER) trades as a pre-IPO / tokenized-equity perpetual across 2 exchanges. It lets traders take a position on paper before any public listing, the price set by perpetual-futures demand rather than a spot market, so it can diverge between exchanges. The widest cross-exchange spread right now is +12.25% (Xt → Gateio), the kind of dislocation Finder tracks for crypto perps.

Where to buy PAPER

paper (PAPER) is listed on 2 exchanges Finder tracks, and the most liquid is Xt. Compare live prices below and buy where PAPER is cheapest. Each link opens the exchange directly.

▸ BUY on Xt

▸ BUY on Gateio

Where PAPER trades

2 markets

Exchange

Market

Funding

Bid

Ask

24h Vol

Vol%

NetworkD/WFee

spot

—

$0.01953

$0.02106

$275k

97.2%

❔

Gateio

futures

+0.0050%

$0.02634

$0.0277

$8k

2.8%

❔

About paper spreads

Where can I buy PAPER?

PAPER is listed on 2 exchanges: Gateio, Xt. The highest-volume market is Xt ($274,701 24h). Current lowest price: $0.020295 on Xt (spot).

What is the best arbitrage route for PAPER?

The top active spread is 12.25%: buy on Xt at $0.02334, sell on Gateio at $0.0262657. Estimated profit: $3 on $27 volume.

Where is PAPER cheapest to buy right now?

The lowest live PAPER price across the exchanges we track is $0.020295 on Xt (spot). Prices move every second, so the cheapest exchange can change. The live table above is the source of truth.

Does PAPER trade on spot or futures?

PAPER is available across 1 spot market, 1 perpetual market. Both spot-versus-perp and cross-exchange spreads are surfaced on the dashboard.

How do I arbitrage PAPER between exchanges?

Buy PAPER on the cheaper exchange and sell on the dearer one, then settle the difference. You either transfer the coin (only when the deposit and withdrawal rail is open) or hold offsetting spot and perpetual legs. The main risks are transfer windows, fees and execution speed, all of which Finder surfaces per spread so you act only on routes that are actually open.

How often are PAPER prices and arbitrage data updated?

Orderbook prices come from exchange WebSockets with per-symbol updates within seconds. Deposit/withdrawal status refreshes every few minutes. Arbitrage spreads are computed continuously from the same stream.