diff --git a/freqtrade/freqtradebot.py b/freqtrade/freqtradebot.py
index 61c323ed3..269c562d7 100644
--- a/freqtrade/freqtradebot.py
+++ b/freqtrade/freqtradebot.py
@@ -292,8 +292,6 @@ class FreqtradeBot(LoggingMixin):
                     trade.funding_fees = funding_fees
             except ExchangeError:
                 logger.warning("Could not update funding fees for open trades.")
-        else:
-            return 0.0
 
     def startup_backpopulate_precision(self):
 
diff --git a/tests/test_freqtradebot.py b/tests/test_freqtradebot.py
index 30b0b75b6..5f943504c 100644
--- a/tests/test_freqtradebot.py
+++ b/tests/test_freqtradebot.py
@@ -5430,6 +5430,16 @@ def test_update_funding_fees(
         ))
 
 
+def test_update_funding_fees_error(mocker, default_conf, caplog):
+    mocker.patch('freqtrade.exchange.Exchange.get_funding_fees', side_effect=ExchangeError())
+    default_conf['trading_mode'] = 'futures'
+    default_conf['margin_mode'] = 'isolated'
+    freqtrade = get_patched_freqtradebot(mocker, default_conf)
+    freqtrade.update_funding_fees()
+
+    log_has("Could not update funding fees for open trades.", caplog)
+
+
 def test_position_adjust(mocker, default_conf_usdt, fee) -> None:
     patch_RPCManager(mocker)
     patch_exchange(mocker)