A majority of the channels on Twitch that utilize moderators for their chats are not paid. Chat mods are usually long time viewers and supporters of the channel. Some people view becoming a mod for a channel as a reward. 
Due note their are special events and some channels that do paid moderators or give perks such as free game keys. It is recommended that some form of compensation is given to long term moderators of your channel. For my channel I have given games to a couple of my mods during the holiday season.
Twitch moderators, or mods, are typically volunteers who help to manage a streamer's chat and community. They are not paid by Twitch, but they may receive compensation from the streamer they are moderating for.
In some cases, streamers may choose to compensate their moderators for their time and efforts, either with a flat fee or a percentage of the streamer's revenue. However, this is entirely at the discretion of the streamer, and there is no set standard for how much mods should be paid.
It's important to note that being a Twitch moderator is typically a volunteer position that requires a lot of time and effort. Mods are responsible for enforcing chat rules, managing user behavior, and maintaining a positive and welcoming community. While they may receive compensation from the streamer they are moderating for, most mods do it because they enjoy the community and want to help the streamer succeed.
