Derivatives
MERL perpetual futures
The open interest, the funding rate and the 24 hour volume of the perpetual contracts of MERL, exchange by exchange. Compare where the open interest sits and what each exchange charges to hold a position.
All coins
Open interest
$3.81M
5 contracts
Funding (8h)
+0.0100%
Weighted by open interest
24h volume
$4.22M
Open interest / volume 0.90
Updated
Oct 21, 2026, 23:22 UTC
Read again every 5 minutes
Open interest by exchange
- Binance$1.81M (47.7%)
- OKX$1.29M (33.9%)
- Bybit$459.55K (12.1%)
- Hyperliquid$244.07K (6.4%)
Contracts
Binance
MERLUSDT (USDT)- Open interest
- $1.81M
- Share of the coin
- 47.7%
- Funding (8h)
- +0.0100%
- 24h volume
- $1.82M
- Funding of one period
- +0.0050% every 4h
- Open interest
- $1.29M
- Share of the coin
- 33.9%
- Funding (8h)
- +0.0100%
- 24h volume
- $1.98M
- Funding of one period
- +0.0050% every 4h
Bybit
MERLUSDT (USDT)- Open interest
- $431.52K
- Share of the coin
- 11.3%
- Funding (8h)
- +0.0100%
- 24h volume
- $245.93K
- Funding of one period
- +0.0100% every 8h
Hyperliquid
MERL (USDC)- Open interest
- $244.07K
- Share of the coin
- 6.4%
- Funding (8h)
- +0.0100%
- 24h volume
- $122.89K
- Funding of one period
- +0.0013% every 1h
Bybit
MERLPERP (USDC)- Open interest
- $28.03K
- Share of the coin
- 0.7%
- Funding (8h)
- +0.0100%
- 24h volume
- $46.08K
- Funding of one period
- +0.0050% every 4h
| Exchange | Contract | Open interest | Share | Funding (8h) | Funding of one period | 24h volume |
|---|---|---|---|---|---|---|
| Binance | MERLUSDT (USDT) | $1.81M | 47.7% | +0.0100% | +0.0050% every 4h | $1.82M |
| OKX | MERL-USDT-SWAP (USDT) | $1.29M | 33.9% | +0.0100% | +0.0050% every 4h | $1.98M |
| Bybit | MERLUSDT (USDT) | $431.52K | 11.3% | +0.0100% | +0.0100% every 8h | $245.93K |
| Hyperliquid | MERL (USDC) | $244.07K | 6.4% | +0.0100% | +0.0013% every 1h | $122.89K |
| Bybit | MERLPERP (USDC) | $28.03K | 0.7% | +0.0100% | +0.0050% every 4h | $46.08K |
Funding (8h) is the funding rate of the current period scaled to eight hours; the rate of one period is the one the exchange publishes, with the interval it is settled in. Green means the longs pay the shorts, red the shorts pay the longs. "n/a" means the exchange did not publish the figure.
The figures come from the public market data of Binance, Bybit, OKX, Hyperliquid and HTX. See how the figures are made and what they leave out.