Rakebk / Exchanges / ApeX vs Bitunix
ApeX vs Bitunix: which costs less after the rebate?
It depends on your monthly volume:
Under $8M: ApeX is cheaper · $275 vs $300 at $1M
From $8M up: Bitunix is cheaper · $18,900 vs $22,000 at $100M
Cheaper under $8M
ApeX
45% back · fee 0.05%
$275
net cost at $1M / month
VS
Cheaper from $8M up
Bitunix
40% back · fee 0.06%
$300
net cost at $1M / month
Your monthly volume$1M
$100K$1M$10M$100M$1B
ApeX code · 45% back
RAKEBK45
Bitunix code · 40% back
Rakebk40
Cheaper under $8MApeX
ApeXsaves $25 a month at $1M
Cheaper from $8M upBitunix
Bitunixsaves $3,100 a month at $100M
Fee after rebate at $1MApeX0.0275%Bitunix0.0300%
ApeX0.0275%Bitunix0.0300%Saving at $1M
$25
a month on ApeX · $300 a year
What every $1M you trade costs, after the rebate
The more you trade, the cheaper each exchange's fee tier gets. Where the lines cross, the cheaper exchange changes. Hover to price any volume.
ApeXBitunixWhat you actually pay each month
Trading fees minus the rebate, at five monthly volumes. Green is the cheaper one.
Volume / month
ApeX netBitunix netDifference
$100K
$28
$36
ApeX saves $9
$1M
$275
$300
ApeX saves $25
$10M
$2,750
$2,400
Bitunix saves $350
$50M
$12,375
$10,500
Bitunix saves $1,875
$500M
$96,250
$78,000
Bitunix saves $18,250
Which one is for you
Choose ApeX if
- You trade under $8M a month: it costs you less after the rebate
- You want the lower fee from your very first trade: 0.05% vs 0.06%
Choose Bitunix if
- You trade $8M a month or more: it costs you less after the rebate
- You also trade spot: ApeX does not offer it
Side by side
ApeXBitunixRebate
45%
40%
Entry taker fee
0.05%
0.06%
Fee after rebate
0.0275%
0.0360%
Net cost at $1M
$275
$300
Markets
Perpetuals
Perpetuals, Spot
Payout
Auto, usually 24h
Auto, usually 24h
Code
RAKEBK45
Rakebk40
ApeX
- ApeX measures volume over a rolling 14 day window, not 30 days.
- The thresholds above are the published 14 day figures scaled to a monthly equivalent so they can be compared with the other venues.
- Staked $APEX also moves you up a level and is not modelled here.
- Prediction markets on ApeX are priced separately and are not what these figures quote.
Bitunix
- Bitunix pays the same 40% on futures fees and on spot fees.
The two fee ladders
The evidence behind every figure above, as each exchange publishes it.
ApeX · Derivatives
Tier
30-day volume
Maker
Taker
Level 1
$0
0.02%
0.05%
Level 2
$10,714,286
0.015%
0.045%
Level 3
$53,571,429
0.01%
0.04%
Level 4
$214,285,714
0.005%
0.035%
Level 5
$1,071,428,571
0%
0.03%
Level 6
$2,142,857,143
0%
0.028%
Level 7
$4,285,714,286
0%
0.025%
Bitunix · Derivatives
Tier
30-day volume
Maker
Taker
VIP 0
$0
0.02%
0.06%
VIP 1
$1,000,000
0.02%
0.05%
VIP 2
$5,000,000
0.016%
0.05%
VIP 3
$8,000,000
0.014%
0.04%
VIP 4
$20,000,000
0.012%
0.0375%
VIP 5
$50,000,000
0.01%
0.035%
VIP 6
$100,000,000
0.008%
0.0315%
VIP 7
$200,000,000
0.006%
0.03%
VIP 8
$500,000,000
0%
0.026%
Questions
Which is cheaper, ApeX or Bitunix?
It depends on your monthly volume:
- Under $8M: ApeX is cheaper · $275 vs $300 at $1M
- From $8M up: Bitunix is cheaper · $18,900 vs $22,000 at $100M
Why does the bigger rebate not always win?
A rebate is a share of the fee. A higher fee can hand back more dollars and still cost you more.
- ApeX: 45% back on a 0.05% fee → you pay 0.0275%
- Bitunix: 40% back on a 0.06% fee → you pay 0.0360%
- What you pay is the fee after the rebate, not the rebate %
Can I use both codes?
Yes.
- They are separate exchanges, so each account gets its own rebate
- Open each one through its own Rakebk link or code
- A code only works on a new account
How are these numbers worked out?
- Every order counted as a taker
- At the fee tier your monthly volume reaches on each exchange's published ladder
- Minus the rebate
- Both ladders are on this page, read from each exchange's own fee page
- Updated 23 Sep 2026
