Gate MERL perpetual
MERL_USDT
As of 2026-09-09 13:53 UTC, MERL_USDT on Gate has a collected rate of +0.0100% over 8h, or +10.95% simple annualised; its collected settlement interval is 8h, with up to 25x leverage. Aster has a lower rate for longs at +10.95%.
Maintenance margin ladder
With deduction · An isolated-margin estimate for linear contracts; excludes closing fees, accrued funding, auto-added margin and other positions.
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 2.5000% | 25.00x | — |
| 2 | 5000 – 7000 quote | 3.0000% | 22.00x | 25 |
| 3 | 7000 – 10000 quote | 3.5000% | 20.00x | 60 |
| 4 | 10000 – 15000 quote | 5.0000% | 15.00x | 210 |
| 5 | 15000 – 20000 quote | 6.0000% | 12.00x | 360 |
| 6 | 20000 – 30000 quote | 7.0000% | 11.00x | 560 |
| 7 | 30000 – 50000 quote | 8.0000% | 10.00x | 860 |
| 8 | 50000 – 70000 quote | 10.0000% | 8.00x | 1860 |
| 9 | 70000 – 100000 quote | 12.0000% | 7.00x | 3260 |
| 10 | 100000 – 150000 quote | 14.0000% | 6.00x | 5260 |
| 11 | 150000 – 200000 quote | 16.0000% | 5.00x | 8260 |
| 12 | 200000 – 300000 quote | 20.0000% | 4.00x | 16260 |
| 13 | 300000 – 500000 quote | 28.0000% | 3.00x | 40260 |
| 14 | 500000 – 700000 quote | 45.0000% | 2.00x | 125260 |
| 15 | 700000 – 1000000 quote | 60.0000% | 1.50x | 230260 |
| 16 | 1000000 – 1500000 quote | 78.0000% | 1.20x | 410260 |
| 17 | 1500000 – ∞ quote | 90.0000% | 1.05x | 590260 |
Contract specification
Quote currency: USDT · Settlement currency: USDT · Settlement interval: 8h. Lot size uses the venue’s original order unit; the calculator takes base-asset quantity.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| Aster | MERLUSDT | 1h | +10.95% |
| Binance | MERLUSDT | 4h | +10.95% |
| Bitget | MERLUSDT | 4h | +10.95% |
| Bybit | MERLUSDT | 8h | +10.95% |
| Gate this page | MERL_USDT | 8h | +10.95% |
| Hyperliquid | MERL | 1h | +10.95% |
| OKX | MERL-USDT-SWAP | 4h | +10.95% |
| Bybit | MERLPERP | 4h | +63.01% |
Common questions
What is the Gate MERL funding rate?
The latest collected Gate MERL funding rate is +0.0100% over a 8h rate period, or +10.95% simple annualised. That period is used for conversion and may differ from the settlement interval. Positive means longs pay shorts; negative reverses this.
How often is funding charged on Gate MERL?
The collected settlement interval is 8h, normally 3 times a day. Venues can change it; confirm the next settlement time on the contract page.
What is the maximum leverage on Gate MERL?
The collected leverage cap for Gate MERL is 25x, with 17 margin tiers shown. Actual leverage also depends on position size, account settings and venue rules.
What is the maintenance margin rate on Gate MERL?
The first tier requires 2.5000%, and there are 17 tiers in all — a larger position requires more. This venue applies a deduction: maintenance margin = notional × tier rate − the tier's maintenance amount.
Which venue has the lowest MERL funding cost for longs?
For a long position, Aster currently has the lowest rate at +10.95% annualised; this page's Gate is at +10.95%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
Observation time and verification
This contract’s funding was observed at 2026-09-09 13:53 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Gate official data source · Funding methodology