How do I enable Funding Farming mode?

Enabling Funding Farming mode in MagicTradeBot is straightforward but requires careful configuration because it changes how the bot operates.

Once enabled, the bot automatically manages eligible funding trades using hedged Spot + Futures positions.

๐Ÿ”น Steps to Enable Funding Farming

  1. Edit the Configuration File

  2. Open your trading.yaml file

  3. Locate the General settings section

  4. Set Trading Mode

TradingMode: funding-farming
  • This tells the bot to operate in Funding Farming mode instead of regular spot or futures trading

  • The bot will now automatically scan symbols with positive funding rates and open hedged trades

  • Save and Restart the Bot

  • After updating trading.yaml, restart MagicTradeBot

  • The bot will begin managing eligible funding trades automatically

๐Ÿ”น Important Notes

  1. Single-Mode Operation

    • Once Funding Farming mode is enabled, the same bot instance cannot be used for normal trading
    • The bot will focus solely on funding farming trades

  2. Exchange Requirements

    • Ensure both Spot and Futures trading are enabled on your exchange
    • Wallet-only or futures-only exchanges are not supported

  3. Recommended Checks

    • Confirm your spot_order_size, future_order_size, and funding_rate_threshold settings
    • Verify max_open_trades and max_symbols_to_pick align with your risk tolerance

๐Ÿ”น Summary

Step Action
1. Edit trading.yaml Open file and locate General settings
2. Set TradingMode TradingMode: funding-farming
3. Restart Bot Apply new mode and start managing funding trades
4. Verify Exchange Setup Spot + Futures must be enabled

Key Takeaway: Enabling Funding Farming mode switches the bot to automated funding fee farming, requiring Spot + Futures trading and disabling regular trading for that bot instance.

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