Tarot comprises four pieces: The Lovers, The Empress, The Emperor and Strength, each nodding to the card imagery.
"I've always been tremendously curious about the tarot," Depp says in a video.
"There's a great art to the cards themselves, dating back to forever ago and the unseen art of reading the cards."
The Lovers depicts a well-dressed couple, with the male holding a red rose, while The Empress, featuring a female figure wearing a weathered crown, pays tribute to Paradis with whom Depp was together for 14 years before their 2012 split.
They have two children, and Depp said they had remained "very close".
Strength depicts a gazing elephant and is inscribed with the words: "Why do you want to fight with something that doesn't want to fight with you?"
It was inspired by a painting Depp made when Paradis was pregnant.
Eyeless but with made-up red lips, The Emperor recalls a 17th-century French monarch and was inspired by a work Depp made while filming Jeanne du Barry, in which he played King Louis XV, in Versailles.
The movie, which premiered at the 2023 Cannes Film Festival, marked Depp's first major role since his 2022 high-profile defamation trial against his ex-wife, actor Amber Heard.
Depp's Tarot series, limited to 195 editions and priced at $US4500 ($A6700) for an individual framed piece, follows previous collections by the actor.
It goes on sale on Thursday and is sold by British art retailer Castle Fine Art.