Variational vs ApeX Omni
Same lines, side by side: fees, leverage, markets, KYC, custody and referral perks, from official pages and DefiLlama.
| Line | Variational | ApeX Omni |
|---|---|---|
| 30-day volume | #P04 · $50,872.0MEdge | #P06 · $26,136.0M |
| Trading fees | 0% trading feesOmni charges no trading fee: the venue keeps the market-making spread instead. Deposits and withdrawals cost a flat $0.10 in USDC, and a forced liquidation is executed 0.5% away from the bid or ask.Edge | 0.05% 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. |
| New-user perk | 1 point for every 10 points earned | A fee discount on the referee's side, with the level set when the link is created; affiliate codes advertised publicly show 20% |
| Max leverage | Not documented | up to 100×Edge |
| Perp markets | 500Edge | 100 |
| Identity check | No KYC | Not documented |
| Custody | Non-custodial, EVM wallet, gasless deposits | Non-custodial, wallet login |
| Settles on | Arbitrum (Variational settlement pools) | ApeX Omni (multi-chain settlement) |
| Collateral | USDC | USDC, USDT |
| Where it runs | Web | Web |
| Chains | EVMArbitrum | EVMArbitrum, Ethereum, Base, Mantle, BNB ChainEdge |
| Documented features | 4 of 10 | 7 of 10Edge |
| Order book | No | Yes |
| Cross margin | Yes | Yes |
| Spot trading | No | Yes |
| Vaults / copy vaults | Yes | Yes |
| Copy trading | Not documented | Not documented |
| Stocks, gold or forex | Yes | Yes |
| Points program | Yes | Yes |
| API | Not documented | Yes |
| Mobile app | Not documented | Not documented |
| Telegram bot | No | Not documented |
Which one should you pick?
Pick Variational if
You want one cross-margined account for crypto, equities, commodities and forex with no visible trading fee.
A zero-fee venue built on RFQ rather than an order book: the platform earns the spread it quotes, so your real cost is the price you accept, not a line on a fee schedule.
omni.variational.io
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
