ApeX Omni vs GMX

Same lines, side by side: fees, leverage, markets, KYC, custody and referral perks, from official pages and DefiLlama.

LineApeX OmniGMX
30-day volume#P06 · $26,136.0MEdge#P07 · $22,518.0M
Trading fees0.05% taker · 0.02% makerStandard maker-taker rates published by ApeX: 5 bps taker, 2 bps maker. The VIP program then cuts fees by 14-day volume or staked APEX, down to 0% for traders and negative fees for market makers, and the most favourable rate between VIP and affiliate discounts is applied.0.04% to 0.06% per open or closeThere is no maker/taker split: the position fee is 0.04% when your trade reduces the imbalance between long and short open interest and 0.06% when it increases it, charged on open, close, increase and decrease. TradFi markets have their own rates (GOLD, SILVER and oil trade at 0.01%/0.02% during on-hours). Price impact, hourly borrow fees and swaps are billed on top.Edge
New-user perkA fee discount on the referee's side, with the level set when the link is created; affiliate codes advertised publicly show 20%5% or 10% off opening and closing fees depending on the tier of the code you use
Max leverageup to 100×up to 100×
Perp markets100132Edge
Identity checkNot documentedNo KYC
CustodyNon-custodial, wallet loginNon-custodial, wallet only
Settles onApeX Omni (multi-chain settlement)Arbitrum (GMX V2 contracts)
CollateralUSDC, USDTUSDC, USDT, WETH
Where it runsWebWeb
ChainsEVMArbitrum, Ethereum, Base, Mantle, BNB ChainEVMArbitrum, Avalanche, MegaETH, Ethereum, Base, BNB ChainEdge
Documented features7 of 10Edge4 of 10
Order bookYesNo
Cross marginYesNot documented
Spot tradingYesYes
Vaults / copy vaultsYesYes
Copy tradingNot documentedNot documented
Stocks, gold or forexYesYes
Points programYesNo
APIYesYes
Mobile appNot documentedNot documented
Telegram botNot documentedNot documented

Which one should you pick?

Pick ApeX Omni if

You already know you will stake APEX or trade enough volume to reach the VIP tiers.

A large multi-chain book: 100x leverage, more than a hundred perpetual contracts, and a VIP ladder that can take fees to zero. The catch is that the base rate (5 bps) is the second highest of the series, and the affiliate share is only visible once connected.

omni.apex.exchange

Pick GMX if

You want oracle pricing with no spread hunting, on Arbitrum, and you trade the lighter side of the market.

GMX prices trades against pooled liquidity and Chainlink oracles rather than a book, so its cost structure looks like a swap: an open/close fee that varies with the balance of open interest, plus borrow and price impact. It is the cheapest venue in the series for a trader who systematically takes the lighter side.

app.gmx.io

Other duels with ApeX Omni