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 94 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。
盘后交易距下次开盘 63 小时 16 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
+0.09%
Circle（CRCL）链上买盘把价格顶到真股之上
🔻 折价最深
-0.08%
Eli Lilly（LLY）链上比真股更便宜
💸 资金费最贵(年化)
+44%
Circle · 做多每小时倒贴空头
⚖️ 跨场价差最大
-0.33%
Intel · 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 |
| XYZ100指数纳斯达克100 |
$30,796 |
$30,796 |
+0.000% |
— |
— |
+5.5% 多付 |
|
0.006% |
+0.86% |
$347.1M |
$239.2M |
| SP500指数标普500 |
$7,720.8 |
$7,720.8 |
-0.006% |
— |
— |
+5.5% 多付 |
|
0.005% |
+0.65% |
$225.1M |
$346.5M |
| MUMicron |
$1,071.1 |
$1,071.9 |
+0.089% |
— |
— |
+20.1% 多付 |
|
0.009% |
-1.71% |
$187.4M |
$167.4M |
| SNDKSanDisk |
$1,718 |
$1,719.1 |
+0.061% |
— |
— |
+14.4% 多付 |
|
0.006% |
-3.38% |
$126.7M |
$150.2M |
| SKHYSKHY |
$194.27 |
$194.07 |
-0.108% |
— |
— |
-36.0% 空付 |
|
0.024% |
+1.22% |
$85.2M |
$211.5M |
| SPCXSpaceX(trade.xyz) |
$158.75 |
$158.75 |
+0.013% |
— |
— |
+5.5% 多付 |
|
0.013% |
+6.67% |
$74.2M |
$112.3M |
| NVDANVIDIA |
$233.87 |
$233.94 |
+0.034% |
-0.04% |
+0.07% |
+5.5% 多付 |
|
0.009% |
+1.12% |
$67.5M |
$155.7M |
| TSLATesla |
$370.93 |
$371.12 |
+0.053% |
-0.10% |
+0.15% |
+12.8% 多付 |
|
0.013% |
+4.49% |
$39.1M |
$50.1M |
| SOXLSOXL |
$163.08 |
$163.08 |
-0.009% |
— |
— |
+5.5% 多付 |
|
0.022% |
+6.06% |
$37.2M |
$24.1M |
| CRCLCircle |
$81.493 |
$81.571 |
+0.094% |
+0.06% |
+0.03% |
+43.6% 多付 |
|
0.033% |
-1.73% |
$31.4M |
$117.2M |
| GOOGLAlphabet |
$343.16 |
$343.27 |
+0.042% |
-0.24% |
+0.28% |
+5.5% 多付 |
|
0.013% |
+1.12% |
$31.1M |
$108.0M |
| METAMeta |
$727.33 |
$727.49 |
+0.022% |
-0.09% |
+0.11% |
+5.5% 多付 |
|
0.014% |
+0.21% |
$30.0M |
$66.4M |
| INTCIntel |
$119.24 |
$119.32 |
+0.067% |
+0.40% |
-0.33% |
+15.6% 多付 |
|
0.016% |
-0.57% |
$29.1M |
$100.5M |
| MSTRMicroStrategy |
$160.13 |
$160.13 |
-0.004% |
-0.05% |
+0.05% |
+5.5% 多付 |
|
0.017% |
-0.05% |
$28.6M |
$47.8M |
| HOODRobinhood |
$112.8 |
$112.79 |
-0.016% |
+0.08% |
-0.10% |
+5.5% 多付 |
|
0.035% |
+1.13% |
$25.0M |
$38.9M |
| KORUKORU |
$22.528 |
$22.533 |
+0.055% |
— |
— |
+5.5% 多付 |
|
0.024% |
+8.14% |
$18.8M |
$2.9M |
| WDCWestern Digital |
$415.85 |
$416.19 |
+0.069% |
— |
— |
+22.0% 多付 |
|
0.066% |
-9.73% |
$18.3M |
$10.1M |
| MRVLMarvell |
$272.62 |
$272.65 |
+0.010% |
— |
— |
+5.5% 多付 |
|
0.046% |
+1.32% |
$17.9M |
$11.6M |
| MSFTMicrosoft |
$517.29 |
$517.26 |
-0.014% |
-0.14% |
+0.13% |
+5.5% 多付 |
|
0.012% |
+0.65% |
$13.6M |
$20.3M |
| AAPLApple |
$333.24 |
$333.21 |
-0.009% |
-0.09% |
+0.08% |
+5.5% 多付 |
|
0.016% |
+0.88% |
$13.3M |
$34.1M |
| AMDAMD |
$632.9 |
$633.21 |
+0.063% |
— |
— |
+7.3% 多付 |
|
0.020% |
+2.84% |
$11.6M |
$14.5M |
| CBRSCoreCard |
$167.21 |
$167.09 |
-0.074% |
— |
— |
-15.8% 空付 |
|
0.110% |
-2.37% |
$10.0M |
$35.6M |
| NBISNebius |
$242.21 |
$242.26 |
+0.034% |
— |
— |
+5.5% 多付 |
— |
0.047% |
+3.89% |
$9.6M |
$27.7M |
| MRNAMRNA |
$189.65 |
$189.65 |
+0.004% |
— |
— |
+11.2% 多付 |
— |
0.073% |
+0.04% |
$8.8M |
$2.4M |
| AMZNAmazon |
$251.01 |
$251.06 |
+0.032% |
-0.13% |
+0.16% |
+5.5% 多付 |
— |
0.015% |
+0.93% |
$8.4M |
$30.5M |
| COINCoinbase |
$183.06 |
$183.21 |
+0.081% |
+0.29% |
-0.21% |
+26.2% 多付 |
— |
0.039% |
-3.32% |
$5.4M |
$13.5M |
| CXMTCXMT |
$8.463 |
$8.463 |
+0.012% |
— |
— |
+5.5% 多付 |
— |
0.080% |
+0.33% |
$4.7M |
$30.8M |
| LITELumentum |
$1,085.5 |
$1,085.5 |
-0.007% |
— |
— |
+5.5% 多付 |
— |
0.050% |
+4.18% |
$4.6M |
$9.3M |
| ORCLOracle |
$142.16 |
$142.18 |
+0.016% |
— |
— |
+5.5% 多付 |
— |
0.051% |
+2.77% |
$4.6M |
$26.4M |
| ARMArm |
$307.65 |
$307.44 |
-0.069% |
— |
— |
-23.6% 空付 |
— |
0.038% |
+4.68% |
$4.6M |
$5.8M |
| AVGOBroadcom |
$354.83 |
$354.83 |
+0.026% |
+0.30% |
-0.27% |
+5.5% 多付 |
— |
0.044% |
+2.59% |
$4.4M |
$13.9M |
| PURRDATPURRDAT |
$11.92 |
$11.92 |
-0.059% |
— |
— |
-19.7% 空付 |
— |
0.212% |
-0.68% |
$4.2M |
$16.6M |
| LLYEli Lilly |
$1,144 |
$1,143.2 |
-0.082% |
— |
— |
-21.9% 空付 |
— |
0.048% |
-0.71% |
$4.1M |
$6.7M |
| BABAAlibaba |
$105.95 |
$106.03 |
+0.066% |
— |
— |
+43.5% 多付 |
— |
0.046% |
-1.50% |
$3.9M |
$12.5M |
| PLTRPalantir |
$188.4 |
$188.4 |
-0.012% |
+0.06% |
-0.07% |
+5.5% 多付 |
— |
0.032% |
-0.66% |
$3.9M |
$12.4M |
| RKLBRocket Lab |
$73.876 |
$73.915 |
+0.045% |
— |
— |
+10.0% 多付 |
— |
0.057% |
+4.31% |
$3.7M |
$15.0M |
| AAOIAAOI |
$114.78 |
$114.78 |
-0.092% |
— |
— |
+5.5% 多付 |
— |
0.099% |
+7.76% |
$3.0M |
$1.5M |
| DELLDell |
$562.87 |
$562.69 |
-0.041% |
— |
— |
-0.2% 空付 |
— |
0.060% |
+3.78% |
$2.8M |
$6.4M |
| CRWVCoreWeave |
$89.36 |
$89.283 |
-0.076% |
— |
— |
-33.8% 空付 |
— |
0.046% |
+1.15% |
$2.4M |
$7.6M |
| BEBE |
$287.69 |
$287.82 |
+0.101% |
— |
— |
+5.5% 多付 |
— |
0.084% |
+3.42% |
$2.4M |
$6.1M |
| ZHIPUZHIPU |
$79.39 |
$79.382 |
+0.001% |
— |
— |
+4.7% 多付 |
— |
0.083% |
-3.00% |
$2.3M |
$23.1M |
| BBBlackBerry |
$9.275 |
$9.275 |
+0.024% |
— |
— |
+5.5% 多付 |
— |
0.127% |
+1.49% |
$2.1M |
$14.6M |
| TSMTSMC |
$472.52 |
$472.45 |
-0.019% |
— |
— |
+5.5% 多付 |
— |
0.038% |
+2.97% |
$2.1M |
$7.1M |
| GMEGameStop |
$25.17 |
$25.205 |
+0.172% |
+0.05% |
+0.12% |
+53.5% 多付 |
— |
0.104% |
+4.64% |
$1.9M |
$2.8M |
| BIRDBIRD |
$3.49 |
$3.471 |
-0.099% |
— |
— |
-350.8% 空付 |
— |
0.866% |
+1.19% |
$1.9M |
$264K |
| NFLXNetflix |
$67.08 |
$67.128 |
+0.082% |
— |
— |
+17.2% 多付 |
— |
0.057% |
-1.30% |
$1.5M |
$6.6M |
| HIMSHims |
$28.97 |
$28.984 |
+0.053% |
— |
— |
+18.3% 多付 |
— |
0.079% |
-1.38% |
$1.4M |
$2.7M |
| RIVNRivian |
$14.295 |
$14.323 |
+0.213% |
— |
— |
+66.1% 多付 |
— |
0.112% |
-3.35% |
$1.3M |
$1.6M |
| BMNRBMNR |
$26.266 |
$26.313 |
+0.204% |
— |
— |
+59.2% 多付 |
— |
0.117% |
-1.84% |
$1.1M |
$2.8M |
| IRENIREN |
$41.79 |
$41.803 |
+0.047% |
— |
— |
+9.9% 多付 |
— |
0.087% |
+2.61% |
$1.1M |
$3.4M |
| MINIMAXMINIMAX |
$30.466 |
$30.466 |
+0.013% |
— |
— |
+5.5% 多付 |
— |
0.109% |
-4.53% |
$1.0M |
$3.9M |
| HOHO |
$4.63 |
$4.643 |
-0.195% |
— |
— |
-58.8% 空付 |
— |
0.966% |
-0.32% |
$1.0M |
$1.5M |
| SNXXSNXX |
$16.289 |
$16.289 |
+0.041% |
— |
— |
+5.5% 多付 |
— |
0.150% |
-6.66% |
$890K |
$396K |
| UNITREEUNITREE |
$68.408 |
$68.427 |
+0.006% |
— |
— |
+5.5% 多付 |
— |
0.069% |
+0.49% |
$888K |
$19.7M |
| QCOMQCOM |
$184.96 |
$184.96 |
+0.008% |
— |
— |
+5.5% 多付 |
— |
0.099% |
+1.45% |
$835K |
$6.4M |
| CRWDCrowdStrike |
$269.99 |
$269.62 |
-0.161% |
— |
— |
-71.2% 空付 |
— |
0.101% |
+1.36% |
$796K |
$5.8M |
| AMATAMAT |
$539.5 |
$539.5 |
-0.000% |
— |
— |
-12.2% 空付 |
— |
0.092% |
+2.09% |
$744K |
$1.8M |
| TLTTLT |
$77.525 |
$77.555 |
+0.025% |
— |
— |
+13.8% 多付 |
— |
0.065% |
-0.34% |
$707K |
$1.4M |
| SHEINSHEIN |
$3.97 |
$3.966 |
+0.011% |
— |
— |
+5.5% 多付 |
— |
0.996% |
-0.62% |
$688K |
$538K |
| STRCSTRC |
$99.45 |
$99.433 |
-0.025% |
— |
— |
+3.5% 多付 |
— |
0.044% |
+0.03% |
$682K |
$10.8M |
| USARUSA Rare Earth |
$13.6 |
$13.619 |
+0.135% |
— |
— |
+65.0% 多付 |
— |
0.120% |
-1.61% |
$664K |
$4.4M |
| IBMIBM |
$222.43 |
$222.55 |
+0.066% |
— |
— |
+17.2% 多付 |
— |
0.075% |
-1.55% |
$630K |
$1.6M |
| ASMLASML |
$1,864.3 |
$1,865 |
+0.076% |
— |
— |
+5.5% 多付 |
— |
0.063% |
+2.98% |
$543K |
$2.2M |
| BOTBOT |
$29.407 |
$29.357 |
-0.538% |
— |
— |
-19.4% 空付 |
— |
0.547% |
+8.38% |
$517K |
$3.0M |
| NOKNOK |
$10.595 |
$10.586 |
-0.131% |
— |
— |
-53.9% 空付 |
— |
0.240% |
+2.30% |
$445K |
$1.6M |
| SMHVanEck Semiconductor ETF |
$630.05 |
$630.69 |
+0.147% |
— |
— |
+46.7% 多付 |
— |
0.111% |
+1.98% |
$382K |
$2.3M |
| BXBlackstone |
$112.14 |
$112.3 |
+0.152% |
— |
— |
+53.7% 多付 |
— |
0.154% |
-0.03% |
$338K |
$521K |
| QNTQuantinuum |
$46.275 |
$46.304 |
+0.118% |
— |
— |
+45.1% 多付 |
— |
0.346% |
-1.17% |
$334K |
$1.5M |
| SHAZSHAZ |
$50.889 |
$51.071 |
+0.355% |
— |
— |
+181.2% 多付 |
— |
0.615% |
+1.33% |
$305K |
$619K |
| NOWServiceNow |
$134.34 |
$134.52 |
+0.091% |
— |
— |
+41.6% 多付 |
— |
0.238% |
-1.96% |
$291K |
$1.5M |
| XLEEnergy Select Sector SPDR Fund |
$62.985 |
$63.01 |
+0.052% |
— |
— |
+5.5% 多付 |
— |
0.072% |
+0.37% |
$257K |
$1.6M |
| DKNGDraftKings |
$18.6 |
$18.604 |
+0.036% |
— |
— |
+31.0% 多付 |
— |
0.102% |
-3.83% |
$250K |
$600K |
| URNMURNM |
$47.567 |
$47.659 |
+0.262% |
— |
— |
+96.7% 多付 |
— |
0.475% |
+0.72% |
$238K |
$1.8M |
| COSTCostco |
$918.98 |
$918.09 |
-0.093% |
— |
— |
-12.7% 空付 |
— |
0.093% |
+0.27% |
$160K |
$560K |
| GEVGEV |
$986.25 |
$986.81 |
+0.060% |
— |
— |
+13.9% 多付 |
— |
0.178% |
+0.25% |
$115K |
$287K |
| ZMZoom |
$92.827 |
$92.902 |
+0.121% |
— |
— |
+37.7% 多付 |
— |
0.396% |
-0.85% |
$94K |
$407K |
| NCLDNCLD |
$24.08 |
$23.952 |
-0.056% |
— |
— |
-17.9% 空付 |
— |
3.250% |
+3.39% |
$91K |
$350K |
| RDDTRDDT |
$147.3 |
$147.09 |
-0.105% |
— |
— |
-42.4% 空付 |
— |
0.407% |
-1.57% |
$78K |
$241K |
| KSTRKSTR |
$21.96 |
$22.025 |
+0.296% |
— |
— |
+150.0% 多付 |
— |
0.881% |
-0.34% |
$60K |
$30K |
| OURAOURA |
$49.937 |
$49.706 |
-0.376% |
— |
— |
-2.2% 空付 |
— |
0.920% |
-0.58% |
$57K |
$961K |
| LYTELYTE |
$26.06 |
$26.008 |
-0.252% |
— |
— |
-97.5% 空付 |
— |
0.404% |
+3.45% |
$52K |
$456K |
| EBAYeBay |
$106.44 |
$106.52 |
+0.081% |
— |
— |
+35.6% 多付 |
— |
0.425% |
+0.60% |
$46K |
$214K |
| CVXChevron |
$206.86 |
$207.87 |
+0.503% |
— |
— |
+285.2% 多付 |
— |
1.634% |
-0.21% |
$43K |
$58K |
| NETNET |
$347.96 |
$347.96 |
+0.016% |
— |
— |
+5.5% 多付 |
— |
0.308% |
-1.26% |
$38K |
$549K |
| GIGADEVGIGADEV |
$52.604 |
$52.415 |
-0.183% |
— |
— |
-74.7% 空付 |
— |
1.190% |
-0.94% |
$38K |
$653K |
| XBIXBI |
$154.66 |
$154.9 |
-0.006% |
— |
— |
-29.4% 空付 |
— |
0.999% |
-0.12% |
$24K |
$125K |
| MAGSMAGS |
$72.46 |
$72.534 |
+0.062% |
— |
— |
-32.5% 空付 |
— |
0.174% |
+1.11% |
$20K |
$844K |
| IBIDENIBIDEN |
$80.462 |
$80.462 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
| YMTCYMTC |
$10 |
$10 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
| LRCXLRCX |
$300.13 |
$300.13 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
| UMCUMC |
$24.31 |
$24.31 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
| CAMBRICONCAMBRICON |
$151.5 |
$151.5 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
| TWSTTWST |
$182.5 |
$182.5 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
| GLWGLW |
$153.76 |
$153.76 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
链上美股盘口