Using ConTeXt (taken from the imposition explanation):
\definepapersize [filius][width=136mm, height=232mm]
\setuppapersize [filius][A4,landscape]
\setuparranging [2UP,doublesided]
\setuplayout [backspace=0pt,
topspace=0pt,
width=middle,
height=middle,
location=middle,
header=0pt,
footer=0pt,
grid=no, marking=off]
\starttext
\insertpages
[document.pdf][width=0pt]
\stoptext
You have to replace the document.pdf with the real file name and filius with the original paper size.