It wouldn't be called "the satellite paradox" if it did what you would naively expect. :-)
If you have 2 objects in the same orbit and one accelerates backwards, that one winds up below and in front of the first. This happens because accelerating backwards causes it to lose energy, so it falls, and in falling picks up more kinetic energy than it had before.
If you have 2 objects in the same orbit and one accelerates backwards, that one winds up below and in front of the first. This happens because accelerating backwards causes it to lose energy, so it falls, and in falling picks up more kinetic energy than it had before.