链上美股盘口 · 美股开盘前的领先盘口
美股一收盘，链上的永续合约和代币化股票还在 24/7 交易——它们的价格，其实是市场对下一次开盘的实时投票。这里把 73 只美股的链上行情摊开：永续合约相对真股的溢价、每小时资金费率、和现货价的跨场价差、盘口点差、持仓量，外加 SpaceX、OpenAI、Anthropic 这些没上市公司的链上隐含估值。数据直连 Hyperliquid 与 Jupiter，每 5 分钟刷新。
周末休市距下次开盘 39 小时 58 分 · 美股没开，但链上还在定价——这段时间的价差最值得看
🔺 永续溢价最高
+0.13%
Circle（CRCL）链上买盘把价格顶到真股之上
🔻 折价最深
-0.36%
SpaceX(trade.xyz)（SPCX）链上比真股更便宜
💸 资金费最贵(年化)
-210%
SpaceX(trade.xyz) · 做空每小时倒贴多头
⚖️ 跨场价差最大
-1.27%
Circle · 永续与现货定价分歧，潜在套利
SpaceX
市场隐含估值$2.42T
永续溢价-12.72%
资金费(年化)0.0%
OpenAI
市场隐含估值$1.34T
永续溢价-0.42%
资金费(年化)0.0%
Anthropic
市场隐含估值$1.62T
永续溢价+0.02%
资金费(年化)0.0%
这张表怎么读：「永续溢价」是合约价相对真实股价的偏离（正=链上买盘顶高、负=折价）；「跨场价差」是永续溢价减现货溢价，揭示链上两个市场对同一只股票的定价分歧，差得越大套利空间越大；「资金费(年化)」标「多付」表示做多的人持续向做空方付钱，是持有永续的隐性成本；「点差」按盘口冲击成本估算，越宽说明流动性越差、买卖越吃亏。点标的名进详情页看 7 天溢价/资金费曲线。现在美股没开，链上价格就是对下次开盘的预判，这时候的偏离最有看头。
快速看：
| 标的 |
真实股价 |
永续价 |
永续溢价 |
现货溢价 |
跨场价差 |
资金费(年化) |
走势·7d溢价 |
盘口点差 |
24h涨跌 |
24h成交额 |
未平仓OI |
| SPCXSpaceX(trade.xyz) |
$135.3 |
$134.87 |
-0.356% |
— |
— |
-210.3% 空付 |
|
0.018% |
+1.43% |
$175.4M |
$256.0M |
| SP500指数标普500 |
$7,758.7 |
$7,755.5 |
-0.047% |
— |
— |
+5.5% 多付 |
|
0.001% |
+0.09% |
$55.2M |
$467.9M |
| XYZ100指数纳斯达克100 |
$29,754 |
$29,747 |
-0.044% |
— |
— |
+5.5% 多付 |
|
0.007% |
+0.07% |
$54.3M |
$186.5M |
| PLTRPalantir |
$171.98 |
$172.01 |
+0.004% |
+0.59% |
-0.59% |
+5.5% 多付 |
|
0.039% |
+0.48% |
$17.1M |
$40.6M |
| SNDKSanDisk |
$1,219.1 |
$1,219.4 |
+0.032% |
— |
— |
+5.5% 多付 |
|
0.018% |
+0.61% |
$16.7M |
$129.1M |
| MUMicron |
$882.99 |
$882.77 |
-0.031% |
— |
— |
+5.5% 多付 |
|
0.017% |
+0.99% |
$16.7M |
$193.3M |
| SKHYSKHY |
$138.99 |
$138.78 |
-0.159% |
— |
— |
-37.9% 空付 |
|
0.026% |
+0.76% |
$9.1M |
$101.6M |
| GOOGLAlphabet |
$355.83 |
$355.56 |
-0.083% |
-0.02% |
-0.06% |
-12.8% 空付 |
|
0.027% |
+0.17% |
$5.2M |
$125.5M |
| NVDANVIDIA |
$224.54 |
$224.54 |
-0.005% |
+0.19% |
-0.20% |
+8.4% 多付 |
|
0.020% |
+0.47% |
$5.1M |
$167.2M |
| TSLATesla |
$331.27 |
$331.47 |
+0.071% |
+0.76% |
-0.69% |
+12.8% 多付 |
|
0.029% |
+0.80% |
$3.9M |
$37.0M |
| CXMTCXMT |
$7.289 |
$7.304 |
+0.458% |
— |
— |
+5.5% 多付 |
|
0.242% |
+2.33% |
$3.7M |
$66.6M |
| AAPLApple |
$311.73 |
$311.8 |
+0.029% |
-0.51% |
+0.54% |
+5.5% 多付 |
|
0.030% |
-0.42% |
$3.4M |
$38.8M |
| MRVLMarvell |
$222.67 |
$222.72 |
+0.054% |
— |
— |
+13.0% 多付 |
|
0.029% |
+2.25% |
$3.3M |
$31.8M |
| NBISNebius |
$191.64 |
$191.51 |
-0.086% |
— |
— |
+5.5% 多付 |
|
0.115% |
+2.10% |
$3.3M |
$32.0M |
| CRCLCircle |
$67.957 |
$68.049 |
+0.128% |
+1.40% |
-1.27% |
+115.4% 多付 |
|
0.015% |
+1.64% |
$3.1M |
$43.7M |
| INTCIntel |
$102.46 |
$102.45 |
-0.019% |
— |
— |
+5.5% 多付 |
|
0.019% |
+1.13% |
$2.8M |
$55.1M |
| MSFTMicrosoft |
$499.12 |
$499.25 |
+0.034% |
-0.65% |
+0.68% |
+5.5% 多付 |
|
0.033% |
-0.11% |
$2.2M |
$53.1M |
| METAMeta |
$594.14 |
$594.6 |
+0.061% |
— |
— |
+15.5% 多付 |
|
0.034% |
+0.30% |
$2.2M |
$46.2M |
| AMZNAmazon |
$275.03 |
$275.03 |
+0.001% |
-0.22% |
+0.22% |
+5.5% 多付 |
|
0.037% |
+0.30% |
$1.8M |
$28.0M |
| UNITREEUNITREE |
$85.483 |
$85.448 |
-0.011% |
— |
— |
-0.2% 空付 |
|
0.300% |
+4.01% |
$1.6M |
$7.1M |
| MSTRMicroStrategy |
$101.77 |
$101.77 |
-0.013% |
+1.59% |
-1.60% |
+5.5% 多付 |
|
0.026% |
+1.67% |
$1.5M |
$22.2M |
| COINCoinbase |
$154.44 |
$154.44 |
+0.004% |
-0.22% |
+0.22% |
+5.5% 多付 |
|
0.073% |
+0.19% |
$1.4M |
$12.7M |
| SOXLSOXL |
$143.8 |
$143.9 |
+0.081% |
— |
— |
+53.2% 多付 |
— |
0.185% |
+3.00% |
$1.2M |
$1.5M |
| AMDAMD |
$483.7 |
$483.76 |
+0.012% |
— |
— |
+5.5% 多付 |
— |
0.018% |
+0.36% |
$1.2M |
$12.6M |
| XLEEnergy Select Sector SPDR Fund |
$57.216 |
$57.287 |
+0.165% |
— |
— |
+61.7% 多付 |
— |
0.420% |
-0.34% |
$1.1M |
$1.8M |
| BABAAlibaba |
$129.72 |
$129.73 |
+0.010% |
— |
— |
+5.5% 多付 |
— |
0.085% |
+0.99% |
$1.1M |
$9.9M |
| CBRSCoreCard |
$228.81 |
$228.66 |
-0.084% |
— |
— |
-3.1% 空付 |
— |
0.088% |
+0.90% |
$1.0M |
$51.3M |
| LITELumentum |
$902.53 |
$902.53 |
+0.021% |
— |
— |
+5.5% 多付 |
— |
0.079% |
+1.35% |
$913K |
$5.8M |
| CRWVCoreWeave |
$91.646 |
$91.579 |
-0.107% |
— |
— |
+5.5% 多付 |
— |
0.099% |
+0.81% |
$901K |
$4.6M |
| ORCLOracle |
$146.96 |
$147.03 |
+0.066% |
— |
— |
+15.7% 多付 |
— |
0.048% |
+0.36% |
$872K |
$33.2M |
| NFLXNetflix |
$74.142 |
$74.118 |
-0.060% |
— |
— |
+5.5% 多付 |
— |
0.218% |
-0.14% |
$707K |
$4.8M |
| HOODRobinhood |
$94.376 |
$94.444 |
+0.073% |
+0.59% |
-0.52% |
+5.5% 多付 |
— |
0.065% |
+0.97% |
$668K |
$16.6M |
| RKLBRocket Lab |
$83.932 |
$83.958 |
+0.067% |
— |
— |
+5.5% 多付 |
— |
0.142% |
+1.06% |
$408K |
$4.9M |
| ASMLASML |
$1,744.4 |
$1,744.9 |
+0.050% |
— |
— |
+42.3% 多付 |
— |
0.127% |
+0.26% |
$392K |
$1.9M |
| IBMIBM |
$237.31 |
$237.35 |
+0.004% |
— |
— |
+5.5% 多付 |
— |
0.149% |
+0.20% |
$384K |
$9.8M |
| MINIMAXMINIMAX |
$42.793 |
$42.812 |
+0.051% |
— |
— |
+19.6% 多付 |
— |
0.476% |
+0.10% |
$375K |
$11.5M |
| USARUSA Rare Earth |
$20.03 |
$20.09 |
+0.244% |
— |
— |
+129.5% 多付 |
— |
0.538% |
+3.93% |
$313K |
$1.4M |
| LYTELYTE |
$27.502 |
$27.365 |
-0.331% |
— |
— |
-201.1% 空付 |
— |
1.029% |
+2.79% |
$301K |
$1.4M |
| ZHIPUZHIPU |
$163.61 |
$163.61 |
-0.076% |
— |
— |
+5.5% 多付 |
— |
0.238% |
+1.51% |
$293K |
$5.1M |
| LLYEli Lilly |
$1,179.7 |
$1,179 |
-0.093% |
— |
— |
-32.0% 空付 |
— |
0.204% |
-0.46% |
$285K |
$3.1M |
| ARMArm |
$283.46 |
$283.4 |
-0.061% |
— |
— |
+5.5% 多付 |
— |
0.145% |
+0.15% |
$281K |
$2.8M |
| BOTBOT |
$28.653 |
$28.756 |
+0.215% |
— |
— |
+80.4% 多付 |
— |
1.053% |
+0.93% |
$272K |
$3.7M |
| AVGOBroadcom |
$427.75 |
$427.72 |
-0.008% |
+1.29% |
-1.30% |
+2.4% 多付 |
— |
0.147% |
+0.40% |
$252K |
$2.9M |
| TSMTSMC |
$422.45 |
$422.73 |
+0.063% |
— |
— |
+11.2% 多付 |
— |
0.089% |
+0.38% |
$236K |
$15.3M |
| STRCSTRC |
$94.867 |
$94.867 |
+0.023% |
— |
— |
+5.5% 多付 |
— |
0.099% |
-0.29% |
$222K |
$11.7M |
| WDCWestern Digital |
$438.02 |
$437.41 |
-0.151% |
— |
— |
-27.2% 空付 |
— |
0.227% |
+0.70% |
$205K |
$2.4M |
| DKNGDraftKings |
$24.528 |
$24.515 |
-0.226% |
— |
— |
-55.1% 空付 |
— |
1.019% |
+2.35% |
$183K |
$399K |
| QNTQuantinuum |
$58.248 |
$58.423 |
+0.191% |
— |
— |
+112.5% 多付 |
— |
0.687% |
-0.76% |
$183K |
$1.3M |
| NOWServiceNow |
$126.37 |
$126.63 |
+0.130% |
— |
— |
+47.9% 多付 |
— |
0.321% |
+1.47% |
$174K |
$1.8M |
| PURRDATPURRDAT |
$6.823 |
$6.841 |
+0.195% |
— |
— |
+85.8% 多付 |
— |
0.812% |
+1.64% |
$173K |
$5.9M |
| BBBlackBerry |
$9.137 |
$9.106 |
-0.257% |
— |
— |
-107.6% 空付 |
— |
0.429% |
+1.27% |
$150K |
$11.6M |
| DELLDell |
$452.74 |
$452.8 |
+0.029% |
— |
— |
+7.7% 多付 |
— |
0.073% |
-0.09% |
$144K |
$3.4M |
| AMATAMAT |
$540.01 |
$540.01 |
-0.093% |
— |
— |
+14.6% 多付 |
— |
0.427% |
-0.06% |
$122K |
$767K |
| BEBE |
$221.9 |
$221.9 |
-0.007% |
— |
— |
+14.8% 多付 |
— |
0.171% |
+1.32% |
$109K |
$2.3M |
| QCOMQCOM |
$167.97 |
$167.95 |
-0.010% |
— |
— |
+1.0% 多付 |
— |
0.180% |
-0.09% |
$108K |
$3.7M |
| KORUKORU |
$17.496 |
$17.536 |
+0.249% |
— |
— |
+146.3% 多付 |
— |
0.681% |
+2.05% |
$107K |
$175K |
| SHAZSHAZ |
$49.776 |
$49.838 |
+0.198% |
— |
— |
+111.9% 多付 |
— |
0.999% |
-0.36% |
$100K |
$3.1M |
| GIGADEVGIGADEV |
$61.313 |
$61.313 |
-0.174% |
— |
— |
-82.7% 空付 |
— |
1.311% |
+2.10% |
$91K |
$2.3M |
| HIMSHims |
$31.573 |
$31.616 |
+0.179% |
— |
— |
+85.7% 多付 |
— |
0.409% |
-0.02% |
$83K |
$3.1M |
| NOKNOK |
$9.419 |
$9.403 |
-0.177% |
— |
— |
-105.9% 空付 |
— |
0.566% |
+0.05% |
$83K |
$940K |
| BIRDBIRD |
$2.531 |
$2.531 |
+0.208% |
— |
— |
+90.4% 多付 |
— |
1.774% |
-0.10% |
$77K |
$68K |
| BXBlackstone |
$136.52 |
$136.69 |
+0.215% |
— |
— |
+52.5% 多付 |
— |
0.296% |
-0.31% |
$68K |
$539K |
| URNMURNM |
$55.373 |
$55.373 |
+0.135% |
— |
— |
+110.6% 多付 |
— |
1.406% |
+1.42% |
$65K |
$1.1M |
| RIVNRivian |
$16.03 |
$16.038 |
+0.087% |
— |
— |
+46.0% 多付 |
— |
0.361% |
-0.17% |
$55K |
$652K |
| SMHVanEck Semiconductor ETF |
$582.83 |
$583.48 |
+0.159% |
— |
— |
+39.4% 多付 |
— |
0.491% |
+0.35% |
$46K |
$1.6M |
| GMEGameStop |
$19.19 |
$19.19 |
+0.013% |
— |
— |
+5.5% 多付 |
— |
0.471% |
+0.19% |
$40K |
$1.2M |
| EBAYeBay |
$111.8 |
$111.8 |
+0.081% |
— |
— |
+52.1% 多付 |
— |
0.578% |
+0.14% |
$34K |
$262K |
| ZMZoom |
$105.43 |
$105.35 |
-0.236% |
— |
— |
-70.6% 空付 |
— |
0.567% |
+1.23% |
$29K |
$331K |
| NCLDNCLD |
$22.889 |
$23.076 |
+1.338% |
— |
— |
+696.0% 多付 |
— |
3.091% |
-0.19% |
$16K |
$58K |
| COSTCostco |
$946.75 |
$946.75 |
-0.074% |
— |
— |
-43.9% 空付 |
— |
0.349% |
+0.03% |
$12K |
$287K |
| GEVGEV |
$992.61 |
$993.3 |
+0.429% |
— |
— |
+215.0% 多付 |
— |
1.071% |
-0.37% |
$4K |
$36K |
| IBIDENIBIDEN |
$125.2 |
$125.2 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
| KSTRKSTR |
$25.515 |
$25.515 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
链上美股盘口