Do you pronounce "pear" and "pair" the same way?

The words “pear” and “pair” contain different diphthongs, yet dictionaries treat them as homophones. When I pronounce them myself, however, I find subtle differences. The closest I can come to explaining it via text is that I pronounce “pear” a bit like “pehr” and “pair” more like “payr.” Do you pronounce the words the same way, or are there subtle differences in your pronunciation as well?

Inspired by this question.