Meridian
dexMaker 0% · Taker 0.03%
Best pair here now
Nothing here clears the liquidity bar right now.
Widest gap: QQQ +78.51% · thinner leg trades $33K
Per-asset breakdown
Daily average of the venue rolling 24h figures, through the last complete day — so these totals sit close to, but not exactly on, the live numbers above. Hover a chart for the per-asset split · hover or click an asset to spotlight it · click a legend chip to hide it.
Markets
| Asset | Mark Price ↕ | 24h % ↕ | Funding APR ↕ | Open Interest ↓ | 24h Volume ↕ | ||
|---|---|---|---|---|---|---|---|
| 🥇XAU | $4,161.977 | -0.44% | +112.24% | +114.20% | 1h | $68K | $34K |
 ETH | $2,686.8752 | +0.97% | +10.01% | +14.03% | 1h | $62K | $524 |
| SPSPY | $762.31 | -0.33% | +150.94% | +106.33% | 1h | $34K | $4K |
 BTC | $83,496.4076 | +0.56% | +20.16% | +15.78% | 1h | $18K | $7K |
 HYPE | $88.9986 | +4.22% | +10.01% | +18.71% | 1h | $4K | $8K |
| 🥈XAG | $60.6757 | -0.59% | +100.46% | +114.02% | 1h | $40 | $167 |
Click an asset to view market overview · Funding rates update every 60s
Best exchange pairs for Meridian
Head-to-head pages with the funding setups between the two venues, ranked by what they paid after costs.
About Meridian funding & fees
Meridian is a decentralized perpetual exchange (perp DEX) tracked live on ORBIT, listing 8 perpetual markets, $187K total open interest, $86K in 24h volume. Average funding across its markets is +60.11% annualized. ORBIT compares Meridian's funding rates against 35 other venues so you can spot where it diverges from the rest of the market.
Meridian charges 0.03% taker and 0% maker fees on perpetuals. Execution cost matters for funding arbitrage — ORBIT's backtester subtracts both legs' taker fees plus live order-book slippage, so the PnL it shows is net of what you actually pay.
Meridian currently runs an active points program with no token live yet — every trade accrues points toward a future airdrop. That makes it a prime venue for the long leg of a delta-neutral funding trade: you farm points on the position you are holding anyway. Estimate what those points could be worth with the Points Calculator.
To run funding arbitrage with Meridian, find an asset whose funding here diverges from another venue on the Funding Screener, then verify the pair in the backtester. Its most active markets right now include XAU (+112.24%), ETH (+10.01%), SPY (+150.94%).
Frequently asked questions
- What are Meridian trading fees?
- Meridian charges 0.03% taker and 0% maker on perpetual futures. Round-trip cost on both legs is what a funding-arbitrage trade has to overcome before it profits.
- Is Meridian a CEX or DEX?
- Meridian is a decentralized perpetual exchange (perp DEX). You trade non-custodially from your own wallet.
- Does Meridian have an airdrop or points program?
- Yes — Meridian is actively distributing points with no token live yet. Trading volume accrues points that may convert to a future airdrop. Stack them on a funding-arbitrage long leg and value them with the ORBIT Points Calculator.