MERL perpetual funding rates across exchanges
current funding on 5 exchanges, converted to a yearly rate. updated 2026-10-09 17:05 UTC.
highest: +10.95% a year on OKX (MERL-USDT-SWAP). lowest: +10.95% on Hyperliquid (MERL). spread: +0.00%.
by exchange, highest first
| exchange | market | every | rate / interval | annualized | cap | taker / maker | max lev |
|---|---|---|---|---|---|---|---|
| OKX | MERL-USDT-SWAP | 4h | 0.0050% | +10.95% | 1%/4h | 0.05% / 0.02% | 20x |
| Bybit | MERLUSDT | 8h | 0.0100% | +10.95% | 2%/8h | 0.055% / 0.02% | 25x |
| Binance | MERLUSDT | 4h | 0.0050% | +10.95% | 2%/4h | 0.05% / 0.02% | - |
| Aster | MERLUSDT | 4h | 0.0050% | +10.95% | 2%/4h | 0.04% / 0.005% | - |
| Hyperliquid | MERL | 1h | 0.0013% | +10.95% | 4%/1h | 0.045% / 0.015% | 3x |
annualized = rate per interval × (8,760 ÷ interval hours). positive means longs pay shorts. exchanges pay funding every 1, 4 or 8 hours, so comparing raw rates across them is misleading; this table puts them on one scale.
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