Fantastic Stories of the Imagination is a magazine of science fiction and fantasy. They publish the “entire spectrum” of both genres. They “love word play, and would like to see stories with a literary bent, though decidedly not a pretentious bent.”
They pay 15 cents a word, with a maximum length of 3,000 words. That works out to max payment of $450 for short stories.
They also accept reprints; paying 1 cent per word up to $100, with a $25 minimum.
According to their submission guidelines:
“We want stories that cover the entire science fiction and fantasy spectrum. We love everything from magic realism to hard SF. We want a story to surprise us and to take us to unexpected places. We love word play, and would like to see stories with a literary bent, though decidedly not a pretentious bent. We could spend some time telling you what we don’t want, but we’ve found that good stories can make us buy them regardless of how many of our rules they violate.
We welcome stories from underrepresented communities and cultures, and are always looking for submissions with diverse characters; it’s a big world, with room for everyone to have their story told. Let your imagination run wild, push the limits of genre, or send us something traditional. We want it to see it all.”
Some of their issues are available for free, online. Be sure to read one to get a good sense of what they publish. Get issue #225 here.
To learn more, and to submit, read their submission guidelines.