Merino doesn’t really wick, it holds moisture away from the skin and has a decent capacity for doing that, but once you exceed that level, it gets damp like sheep. To be honest, most good quality synthetic base layers should do okay, the majority are some sort of polyester which use a denier gradient, the structure of the fabric, to wick moisture outwards. Capilene varies, but some of it is just Polartec PowerDry, which is very good fabric.
Curved ball though, the Brynje of Norway mesh polypropylene base layers are brilliant thing, though not to be worn alone unless you want to rock the Right Said Fred look. Polypro is hydrophobic so absorbs hardly any water so they dry super fast, the holes in them mean they trap warm air when covered, but also work brilliantly when vented.
There are also non-mesh polypro base layers out there – Helly for example – which work quite well. I like the Rab MeCo – Cocona / merino mix, but it’s arguably not as fast wicking and drying as pure synthetics, though it’s not far off. Also the Arc’teryx base layers seem to work better than most.