diff --git a/freqtrade/freqtradebot.py b/freqtrade/freqtradebot.py
index c7cb16a14..8307dd185 100644
--- a/freqtrade/freqtradebot.py
+++ b/freqtrade/freqtradebot.py
@@ -4,7 +4,7 @@ Freqtrade is the main module of this bot. It contains the class Freqtrade()
 import copy
 import logging
 import traceback
-from datetime import datetime, timezone
+from datetime import datetime, time, timezone
 from math import isclose
 from threading import Lock
 from typing import Any, Dict, List, Optional
@@ -112,7 +112,7 @@ class FreqtradeBot(LoggingMixin):
 
         if self.trading_mode == TradingMode.FUTURES:
             for time_slot in self.exchange.funding_fee_times:
-                schedule.every().day.at(time_slot).do(self.update_funding_fees())
+                schedule.every().day.at(str(time(time_slot))).do(self.update_funding_fees)
                 self.wallets.update()
 
     def notify_status(self, msg: str) -> None:
@@ -195,6 +195,9 @@ class FreqtradeBot(LoggingMixin):
         if self.get_free_open_trades():
             self.enter_positions()
 
+        if self.trading_mode == TradingMode.FUTURES:
+            schedule.run_pending()
+
         Trade.commit()
 
     def process_stopped(self) -> None:
diff --git a/tests/test_freqtradebot.py b/tests/test_freqtradebot.py
index 5eb59981e..0e849f5ad 100644
--- a/tests/test_freqtradebot.py
+++ b/tests/test_freqtradebot.py
@@ -7,6 +7,7 @@ from copy import deepcopy
 from math import isclose
 from unittest.mock import ANY, MagicMock, PropertyMock
 import time_machine
+import schedule
 
 import arrow
 import pytest
@@ -4284,15 +4285,17 @@ def test_get_valid_price(mocker, default_conf_usdt) -> None:
 @pytest.mark.parametrize('exchange,trading_mode,calls', [
     ("ftx", TradingMode.SPOT, 0),
     ("ftx", TradingMode.MARGIN, 0),
-    ("binance", TradingMode.FUTURES, 1),
-    ("kraken", TradingMode.FUTURES, 2),
-    ("ftx", TradingMode.FUTURES, 8),
+    ("binance", TradingMode.FUTURES, 2),
+    ("kraken", TradingMode.FUTURES, 3),
+    ("ftx", TradingMode.FUTURES, 9),
 ])
 def test_update_funding_fees(mocker, default_conf, exchange, trading_mode, calls):
 
     patch_RPCManager(mocker)
-    patch_exchange(mocker)
+    patch_exchange(mocker, id=exchange)
     mocker.patch('freqtrade.freqtradebot.FreqtradeBot.update_funding_fees', return_value=True)
+    default_conf['trading_mode'] = trading_mode
+    default_conf['collateral'] = 'isolated'
     freqtrade = get_patched_freqtradebot(mocker, default_conf)
 
     with time_machine.travel("2021-09-01 00:00:00 +00:00") as t:
@@ -4314,5 +4317,6 @@ def test_update_funding_fees(mocker, default_conf, exchange, trading_mode, calls
         # )
 
         t.move_to("2021-09-01 08:00:00 +00:00")
+        schedule.run_pending()
 
         assert freqtrade.update_funding_fees.call_count == calls