Merlin Chain (MERL) Perpetual Futures Market Data
Merlin Chain (MERL) perpetual futures trade across 13 venues with $14.12M in 24-hour volume and $11.24M in aggregate open interest. The cross-venue average MERL mark price is $0.02682769.
The most active MERL venue is BINGX ($6.58M 24h volume, $1.74M OI). Funding rates across the venue set range from -15.10 bps to 4.80 bps.
Price dispersion is wide — MERL trades within a 8.76% band from $0.02647 on WOOFIPRO to $0.02879 on OKX.
MERL Exchange Breakdown
| Exchange | Price | 24h Volume | Open Interest | Funding (bps) | Funding APY |
|---|---|---|---|---|---|
| BINGX | $0.02653 | $6.58M | $1.74M | -0.50 bps | -5.47% APY |
| OKX | $0.02879 | $2.83M | $1.55M | -1.70 bps | -18.61% APY |
| BINANCE | $0.02795568 | $2.35M | $1.74M | -0.80 bps | -8.76% APY |
| BYBIT | $0.02653 | $820.98K | $1.42M | -2.00 bps | -21.90% APY |
| BITGET | $0.02648 | $605.81K | $0 | -1.60 bps | -17.52% APY |
| GATEIO | $0.0265 | $207.96K | $118.24K | -0.80 bps | -8.76% APY |
| KUCOIN | $0.02668 | $201.66K | $1.69M | 4.80 bps | 52.56% APY |
| HYPERLIQUID | $0.026502 | $185.46K | $450.55K | -9.80 bps | -107.31% APY |
| PHEMEX | $0.0266 | $174.37K | $1.28M | -5.40 bps | -59.13% APY |
| MEXC | $0.02657 | $153.87K | $1.19M | -0.80 bps | -8.76% APY |
| VARIATIONAL | $0.02652232 | $1.59K | $34.23K | -1.90 bps | -20.80% APY |
| WOOFIPRO | $0.02647 | $1.46K | $25.77K | -15.10 bps | -165.34% APY |
| ASTER | $0.02663 | $541.02 | $6.80K | 1.00 bps | 10.95% APY |
Last updated 2026-05-23T07:10:21.136078Z (UTC).
Merlin Chain Funding Rates
Across exchanges over time (APY)
Merlin Chain Volume
Per exchange breakdown
Merlin Chain Open Interest
Per exchange breakdown
Merlin Chain Exchange Breakdown
Rank | Exchange | Price | Price (24h%) | Volume (24h) | Open Interest | Funding (8h) | Funding (7d Avg) | Liquidation (24h) | Trade |
|---|
| #1 |  BingX | $0.026530 | -10.3% | -0.0050% | +0.0090% | — | |||
| #2 |  OKX | $0.028790 | +0.0% | -0.0170% | +0.0020% | $46.46K | |||
| #3 |  Binance | $0.027956 | — | -0.0080% | +0.0080% | $33.01K | |||
| #4 |  Bybit | $0.026530 | -10.2% | -0.0200% | +0.0030% | $20.55K | |||
| #5 |  Bitget | $0.026480 | -10.3% | -0.0160% | +0.0000% | $961.22 | |||
| #6 |  Gate.io | $0.026500 | -10.4% | -0.0080% | +0.0010% | $333.39 | |||
| #7 |  KuCoin | $0.026680 | -9.9% | +0.0480% | +0.0030% | — | |||
| #8 |  Hyperliquid | $0.026502 | -10.3% | -0.0980% | -0.0120% | — | |||
| #9 |  Phemex | $0.026600 | -10.7% | -0.0540% | -0.0310% | — | |||
| #10 |  MEXC | $0.026570 | -10.2% | -0.0080% | +0.0080% | — | |||
| #11 |  Variational | $0.026522 | -10.1% | -0.0190% | +0.0030% | — | |||
| #12 |  WOOFi Pro | $0.026470 | -9.5% | -0.1510% | -0.0510% | — | |||
| #13 |  Aster | $0.026630 | -5.6% | +0.0100% | +0.0100% | — |
Related: MERL funding rate, MERL open interest, MERL volume.