A recent article on The Millions (I won't link it here, check the twitter feed) discussed why writers shouldn't expect literary magazines to pay them. Rather than argue about it, I'm posting a paying literary magazine! Subtropics is run by the University of Florida, and opening next for submissions on September 15:
Subtropics seeks to publish the best literary fiction, essays, and poetry being written today, both by established and emerging authors. We will consider works of fiction of any length, from short shorts to novellas and self-contained novel excerpts. We give the same latitude to essays. We appreciate work in translation and, from time to time, republish important and compelling stories, essays, and poems that have lapsed out of print.
Subtropics accepts fiction, non-fiction and poetry, paying $1000 USD per piece ($500 for short-shorts) and $100 per poem. Because they use Submittable there's a $3 USD platform submission charge (have I mentioned how outrageous I find Submittable's fees?).
The journal recommends you read an issue to get a feel of the magazine before you submit.
Our listing here: https://literarium.net/market/the-university-of-florida/subtropics