Hyundai Motor is South Korea’s largest carmaker, listed on the Korea Exchange in Seoul; this contract references its share price. Tracked here on Hyperliquid (xyz) with live mark, funding, open interest and premium to oracle.
Measured against the venue's own oracle — the price the perp is pulled toward, over the last 30 days of 15-minute samples.
Tracking
Fair
13.9 bps
Typical distance between the traded price and the venue’s oracle while the underlying market is open. It sits within 10 bps of it 43.1% of the time.
Cost to trade it: the venue’s impact bid/ask spread runs 12.1 bps, median over the same window. It is context, not part of the rating.
median, 30 days
Reopen fidelity
Fair
39.6 bps
How far the price moves when the underlying market reopens — how close the venue’s closed-hours price was to reality. It was closer than the last real price 75% of the time.
median of 17 reopens
Cost of carry
Fair
21.3% a year
Funding actually paid over the last 30 days — longs pay at this rate. This is the running cost of holding the position, before fees.
30 days
Liquidity
Weak
$760.1K 24h volume
Open interest $1.2M. Weekend liquidity is not yet available.
latest snapshot
Every reopen
When the underlying market reopens, the oracle snaps back to the real price. The jump is how far the venue's closed-hours price was from reality.
Median jump 39.6 bps across 17 rated closures. The venue’s closed-hours price was closer to the reopening price than the last real price 75% of the time.
Rows below are the last reopens captured, which can cover a different set of closures than the median.
Date
Closure
Venue price
Real reopen
Jump
Beat the close?
28 Oct 2026
Overnight not rated
222.31
221.31
-45.0 bps
Yes
26 Oct 2026
Weekend
218.17
218.83
+30.2 bps
Yes
21 Oct 2026
Overnight
237.77
236.58
-50.0 bps
Yes
16 Oct 2026
Overnight
223.27
221.81
-65.4 bps
Yes
13 Oct 2026
Overnight
232.51
233.57
+45.6 bps
Yes
12 Oct 2026
Holiday
239.81
241.3
+62.1 bps
Yes
8 Oct 2026
Overnight
252.07
246.68
-213.8 bps
No
7 Oct 2026
Overnight
259.55
259.06
-18.9 bps
Yes
6 Oct 2026
Holiday
261.05
260.94
-4.2 bps
Yes
2 Oct 2026
Overnight
256.94
253.75
-124.2 bps
No
1 Oct 2026
Overnight not rated
258.65
254.35
-166.2 bps
No
30 Sep 2026
Overnight
259.31
259.12
-7.3 bps
Yes
29 Sep 2026
Overnight
260.23
259.2
-39.6 bps
Yes
28 Sep 2026
Holiday
263.2
261.13
-78.7 bps
No
23 Sep 2026
Overnight
270.01
269.84
-6.3 bps
Yes
22 Sep 2026
Overnight
265.48
265.27
-7.9 bps
Yes
21 Sep 2026
Weekend
266.05
260.63
-203.7 bps
No
18 Sep 2026
Overnight
267.14
267.51
+13.8 bps
Yes
17 Sep 2026
Overnight
262.49
263.31
+31.2 bps
—
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Open data, licensed CC BY 4.0: copy, adapt and publish it, commercially included, with credit — “AlgoTraderPro HIP-3 reopen record (2026), CC BY 4.0” — and a link to this page.
90-day history
Open interest (USD), 90 daysFunding APR, 90 daysPremium to oracle, 90 days
Contract mechanics
What it tracks
Hyundai Motor Company — equities. This is a perpetual contract that references that price; it is not the underlying security, and it never expires or rolls.
Trading hours
Follows the listing exchange of the share it references: trading days only, closed at weekends and on that exchange’s holidays, extended by an overnight session where the deployer prices one. The contract itself trades on Hyperliquid 24/7.
When the real market is closed
The oracle does not freeze. With no external price it starts from the last one and then drifts with Hyperliquid’s own book — a 30-minute exponential average of the gap between the impact bid/ask and the oracle — and snaps back to the real price on the first tick after the market reopens. Funding is charged against that oracle throughout, which is why the jump at each reopening is worth measuring.
Leverage
Up to 10×
Margin mode
Isolated only
Settles in
USDC — margin and profit are in this token, not the quote of the underlying market.