A reward balance and a trading fee are different entries. Evaluate each on its own terms before treating a payback offer as a reduction in cash cost.
Start with what leaves your account
The official Eterna AI portal publishes futures rates of 0.014% maker and 0.035% taker. Those are the rates used in this guide’s calculator. It does not deduct an assumed EHX reward or assign a dollar value to a token credit.
Three numbers to keep separate
- Fees paid: the amount charged for executing your trades.
- Rewards credited: any promotional balance recorded under the current program.
- Cash realizable: what you can actually withdraw or sell, after restrictions and costs.
A credit is not automatically cash.
Check whether rewards are transferable, withdrawable, vested, time-limited or dependent on future program changes. An internal accounting rate is not a guaranteed market price.
A fee example you can reproduce
At $500,000 of monthly executed volume, with 30% maker and 70% taker, the published rates imply $21 in maker fees plus $122.50 in taker fees: $143.50 in total, before funding and other costs. Any reward should be shown separately from this debit.
Check the current program, not an old headline
The earlier version of this site described an in-app EHX payback model. Its exact reward rate, eligibility and withdrawal conditions have not been independently reconfirmed for this revision. No payback value is included in the comparisons.
Use the official payback article and the terms displayed inside the application. If either is unavailable or unclear, ask Eterna support before relying on a reward.
Questions worth asking
- Which trades and fee components are eligible?
- When does the credit become available?
- Can it be withdrawn, sold or transferred today?
- What happens if the promotion changes?
And the referral code?
Code Steve is a referral identifier. This guide does not promise that it changes your fee schedule or unlocks a cash bonus. Compare the venue on the terms you can verify in your own account.