Rates/Bybit/MERL/USDT

Bybit MERL/USDT Funding Rate

2,823 settlements analyzed · 2025-11-08 to 2026-02-27

Avg Rate / Settlement

-0.02%

Per funding period

Annualized Yield

-175.22%

Projected annual

Positive Rate %

68.5%

of 2,823 settlements

Interval

24 settlements/day

Funding Rate Analysis

MERL/USDT on Bybit has maintained a 68.5% positive rate frequency across 2,823 funding settlements since 2025-11-08. This translates to an annualized yield of -175.22% for delta-neutral positions.

The funding rate ranged from a low of -2% to a high of 0.019% per settlement period. With 1-hour intervals, Bybit settles this pair 24 times per day — each settlement is a tradeable event.

Will MERL/USDT funding rate be positive? See prediction →

Trade This Rate on Settled

Don't just watch the rate — predict it. Buy YES or NO on whether MERL/USDT funding rate will be positive at the next Bybit settlement. Markets auto-resolve every 1 hours.

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How Bybit Funding Rates Work

Funding rates are periodic payments between long and short traders on perpetual futures contracts. When the rate is positive, longs pay shorts — indicating bullish sentiment and excess leverage on the long side. When negative, shorts pay longs.

Bybit settles MERL/USDT funding every 1 hours. The rate is determined by the premium/discount between the perpetual contract price and the spot index price. Over 2,823 historical settlements, we observe a strong positive bias — making this pair moderately predictable for Settled markets.

Frequently Asked Questions

What is the average MERL/USDT funding rate on Bybit?

The average funding rate is -0.02% per 1-hour settlement period, which annualizes to approximately -175.22% APR.

How often does MERL/USDT have a positive funding rate?

68.5% of the time, based on 2,823 historical settlements from 2025-11-08 to 2026-02-27.

Can I trade MERL/USDT funding rates on Settled?

Yes — Settled creates binary prediction markets before each Bybit MERL/USDT funding settlement. You can buy YES (rate will be positive) or NO (rate will be negative or zero). Markets auto-resolve from exchange API data.