Variational Omni vs ApeX Omni
Variational Omni traded 2.9× ApeX Omni's 24-hour volume ($1.23B vs $428.6M) and holds 6.9× its open interest.
Head to head
the arrow points to the better figure| Variational Omni | ApeX Omni | |
|---|---|---|
| Trading | ||
| $1.28 | ◀BTC trade, $10k | $10.45 |
| $387 | ◀BTC trade, $1M | $1,764 |
| — | BTC book depth | $12.9M |
| 0.000%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $1.23B | ◀Volume 24h | $428.6M |
| $2.79B | ◀Volume, 7-day average | $415.3M |
| $1.07B | ◀Open interest | $154.0M |
| — | TVL | $31.3M |
| Markets | ||
| 562 | ◀Markets | 126 |
| 126 | ◀Stocks & RWA | 40 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0096% | BTC funding /8h | +0.0014% |
| — | BTC longs paid, 30d | +0.322% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | $APEX |
| Active | Airdrop | Not active |
Cost to trade BTC
| Size | Variational Omni | ApeX Omni |
|---|---|---|
| $1k | $0.131.3 bp | $1.0410.4 bp |
| $10k | $1.281.3 bp | $10.4510.4 bp |
| $100k | $12.801.3 bp | $10410.4 bp |
| $1M | $3873.9 bp | $1,76417.6 bp |
| $5M | — | $38,37876.8 bp |
ETH funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 114
funding /8h · Net 7d at $10k| Asset | Variational Omni | ApeX Omni | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0096% | +0.0014% | +0.0083% | −$6 |
| ETH | +0.0069% | +0.0086% | +0.0016% | −$17 |
| SOL | +0.0035% | −0.0112% | +0.0146% | +$20 |
| XRP | +0.0100% | +0.0100% | 0.0000% | −$17 |
| LTC | +0.0058% | +0.0100% | +0.0042% | −$4 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$19 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$69 |
| PAXG | +0.0100% | +0.0076% | +0.0024% | −$21 |
| NEAR | +0.0100% | +0.0100% | 0.0000% | −$37 |
| ADA | +0.0100% | +0.0100% | 0.0000% | −$52 |
| BCH | −0.0022% | +0.0100% | +0.0122% | −$38 |
| DOGE | +0.0100% | +0.0100% | 0.0000% | −$43 |
| BNB | +0.0100% | +0.0100% | 0.0000% | −$1 |
| XLM | −0.0056% | +0.0100% | +0.0156% | −$42 |
| TRX | −0.0311% | +0.0100% | +0.0411% | +$20 |
| POL | +0.0100% | +0.0100% | 0.0000% | −$91 |
| AAVE | +0.0076% | +0.0100% | +0.0024% | −$26 |
| HBAR | +0.0100% | +0.0100% | 0.0000% | −$47 |
| JUP | +0.0100% | +0.0100% | 0.0000% | −$99 |
| SUI | +0.0100% | +0.0100% | 0.0000% | −$17 |
Only on Variational Omni: 437
XAUT · SP500 · PUMPFUN · LIGHTER · XMR · GRASS · NBIS · AERO · ANTHROPIC · SKHY · VVV · QNT · ETHFI · COPPER · ICP · SOXS · TSM · OPENAI · STRC · STRK · SAND · RAY · ZAMA · JTO · DOT · UBER · CC · BRKB · BABA · ATOM · XPD · MINA · TRUMP · MORPHO · KSM · NIL · IMX · CRWV · METEORA · XPT · LLY · PHA · FET · SYRUP · GRVT · MANA · THETA · FLOCK · BBX · TTWO · TWT · NFLX · QCOM · ATH · SOON · ARM · ETC · JASMY · DELL · CRO · and 377 more
Questions
Is Variational Omni or ApeX Omni cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $1.28 on Variational Omni and $10.45 on ApeX Omni right now, taker fee and order-book slippage together, so Variational Omni is cheaper. Taker fees: 0% and 0.05%.
Which has more markets, Variational Omni or ApeX Omni?
Variational Omni lists 562 active markets and ApeX Omni 126; 114 assets trade on both, 33 of them stocks, commodities or other real-world assets.
Does Variational Omni or ApeX Omni require KYC?
Variational Omni: No ID; not for US or Canadian persons, Taiwan or sanctioned regions. ApeX Omni: No ID; not for the US or sanctioned countries.
Can you arbitrage funding between Variational Omni and ApeX Omni?
Yes: 2 of the assets on both paid more in funding over the last 7 days than a $10k round trip on both costs. The best was TRX, long on Variational Omni and short on ApeX Omni, with $20 left after costs.
Which is bigger, Variational Omni or ApeX Omni?
24-hour volume: Variational Omni $1.23B, ApeX Omni $428.6M. Open interest as each reports it: $1.07B and $154.0M. TVL: none published and $31.3M.

