Rakebk / Exchanges / ApeX vs OKX
ApeX vs OKX: which costs less after the rebate?
One answer at every volume:
At every volume: ApeX is cheaper · $275 vs $450 at $1M
Cheaper at every volume
ApeX
45% back · fee 0.05%
$275
net cost at $1M / month
VS
Never the cheaper one
OKX
10% back · fee 0.05%
$450
net cost at $1M / month
Your monthly volume$1M
$100K$1M$10M$100M$1B
ApeX code · 45% back
RAKEBK45
OKX code · 10% back
RAKEBK10
Cheaper at every volumeApeX
ApeXsaves $175 a month at $1M
Cheaper at no volumeOKX
OKXnever the cheaper one from $100K to $1B
Fee after rebate at $1MApeX0.0275%OKX0.0450%
ApeX0.0275%OKX0.0450%Saving at $1M
$175
a month on ApeX · $2,100 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.
ApeXOKXWhat you actually pay each month
Trading fees minus the rebate, at five monthly volumes. Green is the cheaper one.
Volume / month
ApeX netOKX netDifference
$100K
$28
$45
ApeX saves $18
$1M
$275
$450
ApeX saves $175
$10M
$2,750
$3,240
ApeX saves $490
$50M
$12,375
$12,600
ApeX saves $225
$500M
$96,250
$121,500
ApeX saves $25,250
Which one is for you
Choose ApeX if
- It costs you less after the rebate at every volume
Choose OKX if
- You also trade spot: ApeX does not offer it
Side by side
ApeXOKXRebate
45%
10%
Entry taker fee
0.05%
0.05%
Fee after rebate
0.0275%
0.0450%
Net cost at $1M
$275
$450
Markets
Perpetuals
Perpetuals, Spot
Payout
Auto, usually 24h
Auto, usually 24h
Code
RAKEBK45
RAKEBK10
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.
OKX
- OKX grants the same tier on total assets as well as on 30 day futures volume, so a $100K balance alone reaches VIP 1.
- From VIP 7 up, the 10 most traded pairs are priced lower than the rest; the ladder above shows those top 10 pairs.
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%
OKX · Derivatives
Tier
30-day volume
Maker
Taker
Regular
$0
0.02%
0.05%
VIP 1
$5,000,000
0.016%
0.045%
VIP 2
$10,000,000
0.015%
0.036%
VIP 3
$50,000,000
0.01%
0.028%
VIP 4
$200,000,000
0.008%
0.027%
VIP 5
$600,000,000
0.005%
0.026%
VIP 6
$1,000,000,000
0%
0.025%
VIP 7
$1,500,000,000
-0.002%
0.02%
VIP 8
$2,000,000,000
-0.005%
0.02%
VIP 9
$20,000,000,000
-0.005%
0.015%
Questions
Which is cheaper, ApeX or OKX?
One answer at every volume:
- At every volume: ApeX is cheaper · $275 vs $450 at $1M
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%
- OKX: 10% back on a 0.05% fee → you pay 0.0450%
- 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
