Which exchanges are NOT supported?
Which Exchanges Are NOT Supported for Funding Farming?
Funding Farming in MagicTradeBot requires both Spot and Futures trading to operate. Exchanges that cannot support hedged Spot + Futures positions are not compatible with this strategy.
🔹 Unsupported Exchange Types
Wallet-Based Exchanges
These platforms typically do not allow simultaneous Spot + Futures hedging
Example:
- Hyperliquid
Attempting to run Funding Farming on these exchanges will fail, as the bot cannot open both positions needed for delta-neutral operation
Futures-Only Exchanges Without Spot Access
Exchanges that only allow futures trading cannot provide the spot hedge
- Without a spot position, the strategy becomes directional and high-risk, defeating the delta-neutral design
🔹 Why These Exchanges Are Unsupported
| Limitation | Effect on Funding Farming |
|---|---|
| No spot trading capability | Cannot hedge futures positions |
| No hedging mechanics | Exposure to price swings increases |
| Wallet-only account restrictions | Bot cannot automate dual-position trades |
Key Reason: Funding Farming relies on hedged positions to capture funding fees while minimizing price risk. Any exchange that cannot support this setup cannot run this strategy safely.
🔹 Recommended Exchanges
- Choose platforms that support both Spot and Futures trading with sufficient liquidity
- Avoid wallet-based or futures-only platforms
- Focus on stable, highly liquid symbols like BTC, ETH, and top-cap altcoins
✅ Key Takeaway
Funding Farming is NOT supported on:
- Wallet-based exchanges (e.g., Hyperliquid)
- Futures-only exchanges without spot access
Reason: These exchanges cannot support hedged Spot + Futures trades, which are essential for delta-neutral funding fee farming.