MERL 永续合约
同一币种，跨交易所比较资金成本。
数据更新于 2026-10-15 03:37 UTC
MERL 在 8 个合约上有报价。当前费率数值最高的是 Bitget（年化 +10.95%，费率基期 4 小时）， 最低的是 Aster（-71.98%），相差 82.93 个百分点。 这些合约的费率基期不同，下表统一换算为单利年化后再比较。
当前费率最高
+10.95%
Bitget · 4h
当前费率最低
-71.98%
Aster · 4h
费率差
82.93
个百分点
30 天区间年化最高
+12.93%
Bybit
各场所对比
| 场所 | 费率 | 年化 | 30 天实付年化 | 最大杠杆 | 24h 成交额 | 操作 |
|---|---|---|---|---|---|---|
| Bitget中心化MERLUSDT | +0.0050%4小时 | +10.95% | — 暂无历史 |
25x | 401.7K | |
| Bybit中心化MERLPERP | +0.0050%4小时 | +10.95% | — 暂无历史 |
25x | 59.5K | |
| Bybit中心化MERLUSDT | +0.0100%8小时 | +10.95% | +12.93% |
25x | 635.4K | |
| Hyperliquid链上MERL | +0.0013%1小时 | +10.95% | — 暂无历史 |
3x | 320.4K | |
| 欧易中心化MERL-USDT-SWAP | -0.0002%4小时 | -0.49% | +9.35% |
20x | 3.3M | |
| Gate中心化MERL_USDT | -0.0102%8小时 | -11.17% | — 暂无历史 |
25x | 116.9K | |
| 币安中心化MERLUSDT | -0.0185%4小时 | -40.45% | +10.95% |
50x | 3.2M | |
| Aster链上MERLUSDT | -0.0329%4小时 | -71.98% | — 暂无历史 |
5x | 4.3K |
常见问题
哪些交易所有 MERL 永续合约？
MERL 目前共有 8 个永续合约，分布在 7 个场所：Aster、币安、Bitget、Bybit、Gate、Hyperliquid 和欧易。成交最活跃的是欧易，过去 24 小时成交 $3.3M，占全部场所的 41%。
MERL 的资金费率现在哪里最低？
对多头最有利的是年化 -71.98%，在 Aster；对空头最有利的是 +10.95%，在 Bitget，两者相差 82.93 个百分点。各场所方向不一致：多头在 Aster 收取资金费，在 Bitget 则要支付。
10,000 USDT 的 MERL 仓位每天要付多少资金费？
按当前费率，10,000 USDT 的多头每天约付 +3.00 USDT（Bitget）和 -19.72 USDT（Aster）。负数表示多头收取资金费。
MERL 的资金费多久结算一次？
各场所不同：Hyperliquid 每 1 小时；Aster、币安、Bitget、Bybit 和欧易每 4 小时；Bybit 和 Gate 每 8 小时。
MERL 过去 30 天的资金费实际付了多少？
实际结算最高的是 Bybit MERLUSDT：年化 +12.93%，共 86 次结算，其中 11% 为负。最低的是欧易，年化 +9.35%。3 个合约（共 8 个）有至少一周的已结算历史可供衡量。
MERL 最高能开多少倍杠杆？
已采集的最高杠杆上限是 50x，在币安。币安的这一上限适用于名义价值 5K USDT 以内，超过后降到 20x。
延伸阅读跨所资金费率差：从毛费率差算到净损益资金费用怎么算：正负费率、仓位与结算强平价格怎么算：分档维持保证金与速算扣减
MERL 对比范围与资金费方向
本页保留 MERL 的低成交额合约，不使用总榜的 100 万美元门槛。正费率多头付空头，负费率反向；“最高/最低”不是收益推荐。这些合约分别以 USD、USDC 和 USDT 报价，比较前请打开合约参数核对结算币种和合约乘数。费率年化口径 · 官方来源。
费率与图表说明
区间年化按该合约在窗口内实际结算的费率求和，再按这些结算覆盖的小时数折算成年化——不是把当前费率外推。上市不足 30 天的合约按其自身区间折算。灰线为零轴：线在上方表示多头付费，下方表示空头付费。本列各行共用同一纵向标尺，可直接横向比较波动幅度。
交易链接说明
合作披露：通过部分链接注册并交易，本站可能获得佣金。数据展示与排名不受合作关系影响。
各场所保证金阶梯
Bitget · MERLUSDT 无扣减项
| 档位 | 区间 | 维持保证金率 | 最大杠杆 | 速算扣减 |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 2.0000% | 25.00x | — |
| 2 | 5000 – 10000 quote | 3.0000% | 20.00x | — |
| 3 | 10000 – 30000 quote | 5.0000% | 10.00x | — |
| 4 | 30000 – 50000 quote | 12.0000% | 5.00x | — |
| 5 | 50000 – 250000 quote | 15.0000% | 4.00x | — |
| 6 | 250000 – 7500000 quote | 30.0000% | 2.00x | — |
| 7 | 7500000 – ∞ quote | 60.0000% | 1.00x | — |
Bybit · MERLPERP 带扣减项
| 档位 | 区间 | 维持保证金率 | 最大杠杆 | 速算扣减 |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 2.0000% | 25.00x | — |
| 2 | 5000 – 10000 quote | 2.5000% | 20.00x | 25 |
| 3 | 10000 – 12000 quote | 3.1300% | 16.00x | 88 |
| 4 | 12000 – 14000 quote | 3.5700% | 14.00x | 140.8 |
| 5 | 14000 – 16000 quote | 4.1700% | 12.00x | 224.8 |
| 6 | 16000 – 18000 quote | 4.5500% | 11.00x | 285.6 |
| 7 | 18000 – 20000 quote | 5.0000% | 10.00x | 366.6 |
| 8 | 20000 – 23500 quote | 5.5600% | 9.00x | 478.6 |
| 9 | 23500 – 27000 quote | 6.2500% | 8.00x | 640.75 |
| 10 | 27000 – 30500 quote | 6.6700% | 7.50x | 754.15 |
| 11 | 30500 – 34000 quote | 7.1400% | 7.00x | 897.5 |
| 12 | 34000 – 37500 quote | 7.6900% | 6.50x | 1084.5 |
| 13 | 37500 – 41000 quote | 8.3300% | 6.00x | 1324.5 |
| 14 | 41000 – 44500 quote | 9.0900% | 5.50x | 1636.1 |
| 15 | 44500 – 50000 quote | 10.0000% | 5.00x | 2041.05 |
| 16 | 50000 – 62500 quote | 10.5300% | 4.75x | 2306.05 |
| 17 | 62500 – 75000 quote | 11.1100% | 4.50x | 2668.55 |
| 18 | 75000 – 87500 quote | 11.7600% | 4.25x | 3156.05 |
| 19 | 87500 – 100000 quote | 12.5000% | 4.00x | 3803.55 |
| 20 | 100000 – 125000 quote | 13.3300% | 3.75x | 4633.55 |
| 21 | 125000 – 150000 quote | 14.2900% | 3.50x | 5833.55 |
| 22 | 150000 – 175000 quote | 15.3800% | 3.25x | 7468.55 |
| 23 | 175000 – 200000 quote | 16.6700% | 3.00x | 9726.05 |
| 24 | 200000 – 250000 quote | 18.1800% | 2.75x | 12746.05 |
| 25 | 250000 – 300000 quote | 20.0000% | 2.50x | 17296.05 |
| 26 | 300000 – 350000 quote | 22.2200% | 2.25x | 23956.05 |
| 27 | 350000 – 500000 quote | 25.0000% | 2.00x | 33686.05 |
| 28 | 500000 – 1000000 quote | 28.5700% | 1.75x | 51536.05 |
| 29 | 1000000 – 1750000 quote | 33.3300% | 1.50x | 99136.05 |
| 30 | 1750000 – ∞ quote | 50.0000% | 1.00x | 390861.05 |
Bybit · MERLUSDT 带扣减项
| 档位 | 区间 | 维持保证金率 | 最大杠杆 | 速算扣减 |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 2.0000% | 25.00x | — |
| 2 | 5000 – 10000 quote | 2.5000% | 20.00x | 25 |
| 3 | 10000 – 12000 quote | 3.1300% | 16.00x | 88 |
| 4 | 12000 – 14000 quote | 3.5700% | 14.00x | 140.8 |
| 5 | 14000 – 16000 quote | 4.1700% | 12.00x | 224.8 |
| 6 | 16000 – 18000 quote | 4.5500% | 11.00x | 285.6 |
| 7 | 18000 – 20000 quote | 5.0000% | 10.00x | 366.6 |
| 8 | 20000 – 23500 quote | 5.5600% | 9.00x | 478.6 |
| 9 | 23500 – 27000 quote | 6.2500% | 8.00x | 640.75 |
| 10 | 27000 – 30500 quote | 6.6700% | 7.50x | 754.15 |
| 11 | 30500 – 34000 quote | 7.1400% | 7.00x | 897.5 |
| 12 | 34000 – 37500 quote | 7.6900% | 6.50x | 1084.5 |
| 13 | 37500 – 41000 quote | 8.3300% | 6.00x | 1324.5 |
| 14 | 41000 – 44500 quote | 9.0900% | 5.50x | 1636.1 |
| 15 | 44500 – 50000 quote | 10.0000% | 5.00x | 2041.05 |
| 16 | 50000 – 62500 quote | 10.5300% | 4.75x | 2306.05 |
| 17 | 62500 – 75000 quote | 11.1100% | 4.50x | 2668.55 |
| 18 | 75000 – 87500 quote | 11.7600% | 4.25x | 3156.05 |
| 19 | 87500 – 100000 quote | 12.5000% | 4.00x | 3803.55 |
| 20 | 100000 – 125000 quote | 13.3300% | 3.75x | 4633.55 |
| 21 | 125000 – 150000 quote | 14.2900% | 3.50x | 5833.55 |
| 22 | 150000 – 175000 quote | 15.3800% | 3.25x | 7468.55 |
| 23 | 175000 – 200000 quote | 16.6700% | 3.00x | 9726.05 |
| 24 | 200000 – 250000 quote | 18.1800% | 2.75x | 12746.05 |
| 25 | 250000 – 300000 quote | 20.0000% | 2.50x | 17296.05 |
| 26 | 300000 – 350000 quote | 22.2200% | 2.25x | 23956.05 |
| 27 | 350000 – 500000 quote | 25.0000% | 2.00x | 33686.05 |
| 28 | 500000 – 1000000 quote | 28.5700% | 1.75x | 51536.05 |
| 29 | 1000000 – 1750000 quote | 33.3300% | 1.50x | 99136.05 |
| 30 | 1750000 – ∞ quote | 50.0000% | 1.00x | 390861.05 |
Hyperliquid · MERL 带扣减项
| 档位 | 区间 | 维持保证金率 | 最大杠杆 | 速算扣减 |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 16.6667% | 3.00x | — |
欧易 · MERL-USDT-SWAP 无扣减项
| 档位 | 区间 | 维持保证金率 | 最大杠杆 | 速算扣减 |
|---|---|---|---|---|
| 1 | 0 – 450000 base | 2.0000% | 20.00x | — |
| 2 | 450001 – 900000 base | 3.0000% | 15.00x | — |
| 3 | 900001 – 1350000 base | 4.0000% | 12.50x | — |
| 4 | 1350001 – 1800000 base | 4.5000% | 11.76x | — |
| 5 | 1800001 – 2250000 base | 5.0000% | 11.11x | — |
| 6 | 2250001 – 2700000 base | 5.5000% | 10.52x | — |
| 7 | 2700001 – 3150000 base | 6.0000% | 10.00x | — |
| 8 | 3150001 – 3600000 base | 6.5000% | 9.52x | — |
| 9 | 3600001 – 4050000 base | 7.0000% | 9.09x | — |
| 10 | 4050001 – 4500000 base | 7.5000% | 8.69x | — |
| 11 | 4500001 – 4950000 base | 8.0000% | 8.33x | — |
| 12 | 4950001 – 5400000 base | 8.5000% | 8.00x | — |
| 13 | 5400001 – 5850000 base | 9.0000% | 7.69x | — |
| 14 | 5850001 – 6300000 base | 9.5000% | 7.40x | — |
| 15 | 6300001 – 6750000 base | 10.0000% | 7.14x | — |
| 16 | 6750001 – 7200000 base | 10.5000% | 6.89x | — |
| 17 | 7200001 – 7650000 base | 11.0000% | 6.66x | — |
| 18 | 7650001 – 8100000 base | 11.5000% | 6.45x | — |
| 19 | 8100001 – 8550000 base | 12.0000% | 6.25x | — |
| 20 | 8550001 – 9000000 base | 12.5000% | 6.06x | — |
| 21 | 9000001 – 9450000 base | 13.0000% | 5.88x | — |
| 22 | 9450001 – 9900000 base | 13.5000% | 5.71x | — |
| 23 | 9900001 – 10350000 base | 14.0000% | 5.55x | — |
| 24 | 10350001 – 10800000 base | 14.5000% | 5.40x | — |
| 25 | 10800001 – 11250000 base | 15.0000% | 5.26x | — |
| 26 | 11250001 – 11700000 base | 15.5000% | 5.12x | — |
| 27 | 11700001 – 12150000 base | 16.0000% | 5.00x | — |
| 28 | 12150001 – 12600000 base | 16.5000% | 4.87x | — |
| 29 | 12600001 – 13050000 base | 17.0000% | 4.76x | — |
| 30 | 13050001 – 13500000 base | 17.5000% | 4.65x | — |
| 31 | 13500001 – 13950000 base | 18.0000% | 4.54x | — |
| 32 | 13950001 – 14400000 base | 18.5000% | 4.44x | — |
| 33 | 14400001 – 14850000 base | 19.0000% | 4.34x | — |
| 34 | 14850001 – 15300000 base | 19.5000% | 4.25x | — |
| 35 | 15300001 – 15750000 base | 20.0000% | 4.16x | — |
| 36 | 15750001 – 16200000 base | 20.5000% | 4.08x | — |
| 37 | 16200001 – 16650000 base | 21.0000% | 4.00x | — |
| 38 | 16650001 – 17100000 base | 21.5000% | 3.92x | — |
| 39 | 17100001 – 17550000 base | 22.0000% | 3.84x | — |
| 40 | 17550001 – 18000000 base | 22.5000% | 3.77x | — |
| 41 | 18000001 – 18450000 base | 23.0000% | 3.70x | — |
| 42 | 18450001 – 18900000 base | 23.5000% | 3.63x | — |
| 43 | 18900001 – 19350000 base | 24.0000% | 3.57x | — |
| 44 | 19350001 – 19800000 base | 24.5000% | 3.50x | — |
| 45 | 19800001 – 20250000 base | 25.0000% | 3.44x | — |
| 46 | 20250001 – 20700000 base | 25.5000% | 3.38x | — |
| 47 | 20700001 – 21150000 base | 26.0000% | 3.33x | — |
| 48 | 21150001 – 21600000 base | 26.5000% | 3.27x | — |
| 49 | 21600001 – 22050000 base | 27.0000% | 3.22x | — |
| 50 | 22050001 – 22500000 base | 27.5000% | 3.17x | — |
| 51 | 22500001 – 22950000 base | 28.0000% | 3.12x | — |
| 52 | 22950001 – 23400000 base | 28.5000% | 3.07x | — |
| 53 | 23400001 – 23850000 base | 29.0000% | 3.03x | — |
| 54 | 23850001 – 24300000 base | 29.5000% | 2.98x | — |
| 55 | 24300001 – 24750000 base | 30.0000% | 2.94x | — |
| 56 | 24750001 – 25200000 base | 30.5000% | 2.89x | — |
| 57 | 25200001 – 25650000 base | 31.0000% | 2.85x | — |
| 58 | 25650001 – 26100000 base | 31.5000% | 2.81x | — |
| 59 | 26100001 – 26550000 base | 32.0000% | 2.77x | — |
| 60 | 26550001 – 27000000 base | 32.5000% | 2.73x | — |
| 61 | 27000001 – 27450000 base | 33.0000% | 2.70x | — |
| 62 | 27450001 – 27900000 base | 33.5000% | 2.66x | — |
| 63 | 27900001 – 28350000 base | 34.0000% | 2.63x | — |
| 64 | 28350001 – 28800000 base | 34.5000% | 2.59x | — |
| 65 | 28800001 – 29250000 base | 35.0000% | 2.56x | — |
| 66 | 29250001 – 29700000 base | 35.5000% | 2.53x | — |
| 67 | 29700001 – 30150000 base | 36.0000% | 2.50x | — |
| 68 | 30150001 – 30600000 base | 36.5000% | 2.46x | — |
| 69 | 30600001 – 31050000 base | 37.0000% | 2.43x | — |
| 70 | 31050001 – 31500000 base | 37.5000% | 2.40x | — |
| 71 | 31500001 – 31950000 base | 38.0000% | 2.38x | — |
| 72 | 31950001 – 32400000 base | 38.5000% | 2.35x | — |
| 73 | 32400001 – 32850000 base | 39.0000% | 2.32x | — |
| 74 | 32850001 – 33300000 base | 39.5000% | 2.29x | — |
| 75 | 33300001 – 33750000 base | 40.0000% | 2.27x | — |
| 76 | 33750001 – 34200000 base | 40.5000% | 2.24x | — |
| 77 | 34200001 – 34650000 base | 41.0000% | 2.22x | — |
| 78 | 34650001 – 35100000 base | 41.5000% | 2.19x | — |
| 79 | 35100001 – 35550000 base | 42.0000% | 2.17x | — |
| 80 | 35550001 – 36000000 base | 42.5000% | 2.15x | — |
| 81 | 36000001 – 36450000 base | 43.0000% | 2.12x | — |
| 82 | 36450001 – 36900000 base | 43.5000% | 2.10x | — |
| 83 | 36900001 – 37350000 base | 44.0000% | 2.08x | — |
| 84 | 37350001 – 37800000 base | 44.5000% | 2.06x | — |
| 85 | 37800001 – 38250000 base | 45.0000% | 2.04x | — |
| 86 | 38250001 – 38700000 base | 45.5000% | 2.02x | — |
| 87 | 38700001 – 39150000 base | 46.0000% | 2.00x | — |
Gate · MERL_USDT 带扣减项
| 档位 | 区间 | 维持保证金率 | 最大杠杆 | 速算扣减 |
|---|---|---|---|---|
| 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 |
币安 · MERLUSDT 带扣减项
| 档位 | 区间 | 维持保证金率 | 最大杠杆 | 速算扣减 |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 1.5000% | 50.00x | — |
| 2 | 5000 – 10000 quote | 2.5000% | 20.00x | 50 |
| 3 | 10000 – 20000 quote | 5.0000% | 10.00x | 300 |
| 4 | 20000 – 50000 quote | 10.0000% | 5.00x | 1300 |
| 5 | 50000 – 250000 quote | 12.5000% | 4.00x | 2550 |
| 6 | 250000 – 500000 quote | 16.6700% | 3.00x | 12975 |
| 7 | 500000 – 7500000 quote | 25.0000% | 2.00x | 54625 |
| 8 | 7500000 – 12500000 quote | 50.0000% | 1.00x | 1929625 |
Aster · MERLUSDT 带扣减项
| 档位 | 区间 | 维持保证金率 | 最大杠杆 | 速算扣减 |
|---|---|---|---|---|
| 1 | 0 – 500000 quote | 10.0000% | 5.00x | — |
| 2 | 500000 – 1000000 quote | 12.5000% | 4.00x | 12500 |
| 3 | 1000000 – 2500000 quote | 16.6700% | 3.00x | 54200 |
| 4 | 2500000 – 5000000 quote | 25.0000% | 2.00x | 262450 |
| 5 | 5000000 – 1000000000 quote | 50.0000% | 1.00x | 1512450 |