MERLIN CHAIN (MERL) price, where to buy & arbitrage

MERL 17 exchanges

Finder follows Merlin Chain (MERL) on 17 exchanges across 12 spot, 14 perpetual markets. At that depth durable price gaps are rare, so MERL arbitrage is less about finding a spread than reaching it before it closes. The deepest liquidity is on Xt ($11,387,604 of $38,687,402 total 24h volume). It can be moved between exchanges over MERL. With both spot and perpetual MERL markets live, the spot-versus-perp gap and the cross-exchange spread are both arbitrage opportunities. Finder compares every MERL quote in real time to surface the best cross-exchange arbitrage spread, with live deposit and withdrawal status on each rail. Closed transfer rails are flagged before you act, so a wide spread on a stuck route is never shown as live.

Data refreshed 2026-10-13

View on dashboard CoinGecko ↗

Live · 17 exchanges Real-time ↗

$0.029972

≈ ₽2.52

-0.02%24h

Best spread now +2.21%

Most liquid Xt futures · $11.4M/24h

Supported networks 3 chains

MMerl BBep20 EErc20

Best arb right now

▸ BUY on

Okx spot

$0.030083

→

▸ SELL on

Kraken spot

$0.03081

+2.21%

$22 net · on $1000 notional

Transfer closed right now Open in terminal

MERL price · last 7d

+0.78%

low 0.02797 Xt · 7d high 0.03324

Where to buy MERL

Merlin Chain (MERL) is listed on 17 exchanges Finder tracks, and the most liquid is Xt. Compare live prices below and buy where MERL is cheapest. Each link opens the exchange directly.

▸ BUY on Poloniex

Where MERL trades

26 markets

Exchange

Market

Funding

Bid

Ask

24h Vol

Vol%

NetworkD/WFee

Bingx

spot

—

$0.02998

$0.03011

—

MERLDW$0.21

Bingx

futures

+0.0050%

$0.03003

$0.03004

$6.6M

17.0%

MERLDW$0.21

Okx

spot

—

$0.03003

$0.03004

$638k

1.6%

MERLDW$0.15

Okx

futures

-0.0079%

$0.03

$0.03001

$4.9M

12.6%

MERLDW$0.15

Lbank

spot

—

$0.02998

$0.03005

$73k

0.2%

MERLDW$0.06

Lbank

futures

-0.0043%

$0.03007

$0.03009

$3.0M

7.8%

MERLDW$0.06

Bybit

spot

—

$0.03002

$0.03007

$237k

0.6%

MERLDW$0.15

Bybit

futures

+0.0100%

$0.03001

$0.03003

$1.2M

3.0%

MERLDW$0.15

Bitget

spot

—

$0.03006

$0.03011

$23k

<0.1%

MERLDW$3.46

Bitget

futures

+0.0050%

$0.03007

$0.0301

$653k

1.7%

MERLDW$3.46

Mexc

spot

—

$0.03001

$0.03005

$103k

0.3%

MERLDW$0.09

Mexc

futures

-0.0042%

$0.03006

$0.03008

$263k

0.7%

MERLDW$0.09

Gateio

spot

—

$0.03002

$0.03008

$67k

0.2%

MERLDW$0.10

Gateio

futures

+0.0100%

$0.02999

$0.03002

$183k

0.5%

MERLDW$0.10

Weex

spot

—

$0.03002

$0.03006

$4k

<0.1%

❔

Weex

futures

$0.03007

$0.03008

$229k

0.6%

❔

Kucoin

spot

—

$0.03001

$0.03007

$25k

<0.1%

MERLDW$0.45

Kucoin

futures

+0.0050%

$0.02994

$0.03003

$139k

0.4%

MERLDW$0.45

futures

-0.0039%

$0.03006

$0.03008

$11.4M

29.4%

MERLDW$0.83

Binance

futures

-0.0039%

$0.03006

$0.03008

$5.9M

15.1%

❔

Htx

spot

—

$0.03

$0.031

$1.6M

4.2%

MERLDW$0.07

Ourbit

futures

-0.0042%

$0.03006

$0.03008

$916k

2.4%

❔

Hyperliquid

futures

+0.0013%

$0.030075

$0.030094

$607k

1.6%

❔

Asterdex

futures

-0.0352%

$0.03003

$0.03011

$22k

<0.1%

❔

Kraken

spot

—

$0.03082

$0.03113

$15k

<0.1%

❔

Poloniex

spot

—

$0.0266

$0.0268

—

MERLDW$0.24

About Merlin Chain spreads

Where can I buy MERL?

MERL is listed on 26 exchanges: Asterdex, Binance, Bingx, Bitget, Bybit, Gateio, Htx, Hyperliquid, …. The highest-volume market is Xt ($11,387,604 24h). Current lowest price: $0.0267 on Poloniex (spot).

What is the best arbitrage route for MERL?

The top active spread is 2.21%: buy on Okx at $0.0300828, sell on Kraken at $0.03081. Estimated profit: $31 on $1,410 volume.

Where is MERL cheapest to buy right now?

The lowest live MERL price across the exchanges we track is $0.0267 on Poloniex (spot). Prices move every second, so the cheapest exchange can change. The live table above is the source of truth.

Does MERL trade on spot or futures?

MERL is available across 12 spot markets, 14 perpetual markets. Both spot-versus-perp and cross-exchange spreads are surfaced on the dashboard.

How do I arbitrage MERL between exchanges?

Buy MERL on the cheaper exchange and sell on the dearer one, then settle the difference. You either transfer the coin (only when the deposit and withdrawal rail is open) or hold offsetting spot and perpetual legs. The main risks are transfer windows, fees and execution speed, all of which Finder surfaces per spread so you act only on routes that are actually open.

Which networks does MERL support for deposit and withdrawal?

MERL can be transferred via MERL networks. Real-time deposit/withdrawal status per exchange is tracked in the table above. Rails change frequently and we refresh our data every few minutes.

How often are MERL prices and arbitrage data updated?

Orderbook prices come from exchange WebSockets with per-symbol updates within seconds. Deposit/withdrawal status refreshes every few minutes. Arbitrage spreads are computed continuously from the same stream.