Heat up the peanut oil and keep warm in the fondue pot.
Slice the roast into evenly sized cubes (3-4 cm). Wash the paprika and cut into evenly sized pieces. Stick both, together with the pearl onions, onto the forks (one piece each).
Mix the coconut milk and flour into a liquid dough. Season with salt and pepper.
Drag the forks through the dough and briefly bake in hot peanut oil. Serve together with dips and white bread.