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 27 小时 49 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
+0.06%
Nebius（NBIS）链上买盘把价格顶到真股之上
🔻 折价最深
-0.11%
Circle（CRCL）链上比真股更便宜
💸 资金费最贵(年化)
-191%
SpaceX(trade.xyz) · 做空每小时倒贴多头
⚖️ 跨场价差最大
-1.54%
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) |
$135.64 |
$135.49 |
-0.110% |
— |
— |
-191.5% 空付 |
|
0.017% |
+2.05% |
$164.3M |
$261.8M |
| SP500指数标普500 |
$7,762.2 |
$7,761.3 |
-0.011% |
— |
— |
+3.7% 多付 |
|
0.011% |
+0.20% |
$40.2M |
$471.3M |
| XYZ100指数纳斯达克100 |
$29,755 |
$29,752 |
-0.012% |
— |
— |
-3.6% 空付 |
|
0.003% |
+0.36% |
$26.9M |
$185.9M |
| MUMicron |
$880.04 |
$879.67 |
-0.036% |
— |
— |
-25.5% 空付 |
|
0.017% |
+0.36% |
$12.7M |
$191.5M |
| SNDKSanDisk |
$1,218.5 |
$1,218.7 |
+0.023% |
— |
— |
-21.6% 空付 |
|
0.013% |
+0.59% |
$11.7M |
$127.7M |
| SKHYSKHY |
$138.55 |
$138.61 |
+0.044% |
— |
— |
+5.5% 多付 |
|
0.021% |
+0.84% |
$8.6M |
$101.6M |
| GOOGLAlphabet |
$357.37 |
$357.34 |
-0.008% |
+0.75% |
-0.76% |
+5.5% 多付 |
|
0.019% |
+0.54% |
$6.2M |
$126.7M |
| NVDANVIDIA |
$224.62 |
$224.63 |
+0.005% |
+0.28% |
-0.28% |
+5.5% 多付 |
|
0.014% |
+0.44% |
$4.8M |
$167.1M |
| TSLATesla |
$331.01 |
$331.02 |
+0.003% |
+0.61% |
-0.61% |
+5.5% 多付 |
|
0.021% |
+0.49% |
$4.5M |
$36.8M |
| MRVLMarvell |
$221.45 |
$221.22 |
-0.109% |
— |
— |
-107.8% 空付 |
|
0.035% |
+1.86% |
$3.6M |
$31.8M |
| CRCLCircle |
$67.959 |
$67.884 |
-0.111% |
+1.43% |
-1.54% |
-28.7% 空付 |
|
0.063% |
+1.47% |
$3.4M |
$43.5M |
| METAMeta |
$595.12 |
$595.12 |
+0.009% |
— |
— |
-8.2% 空付 |
|
0.029% |
+0.48% |
$2.9M |
$47.3M |
| NBISNebius |
$193.11 |
$193.26 |
+0.057% |
— |
— |
+13.0% 多付 |
|
0.098% |
+1.61% |
$2.7M |
$32.0M |
| INTCIntel |
$101.93 |
$101.89 |
-0.040% |
— |
— |
-25.1% 空付 |
|
0.017% |
+0.99% |
$2.4M |
$54.9M |
| AAPLApple |
$312.2 |
$312.2 |
+0.001% |
-0.76% |
+0.76% |
-8.5% 空付 |
|
0.052% |
-0.12% |
$2.4M |
$38.9M |
| PLTRPalantir |
$172.69 |
$172.71 |
+0.003% |
+0.37% |
-0.37% |
+5.5% 多付 |
|
0.064% |
+1.18% |
$2.3M |
$40.9M |
| CXMTCXMT |
$7.298 |
$7.296 |
-0.022% |
— |
— |
+5.5% 多付 |
|
0.365% |
+0.84% |
$2.0M |
$66.5M |
| MSFTMicrosoft |
$500 |
$500 |
+0.018% |
-0.45% |
+0.47% |
-13.7% 空付 |
|
0.022% |
+0.08% |
$1.8M |
$53.2M |
| AMZNAmazon |
$275.4 |
$275.42 |
+0.010% |
+0.29% |
-0.28% |
+3.9% 多付 |
|
0.027% |
+0.51% |
$1.5M |
$28.1M |
| UNITREEUNITREE |
$87.271 |
$87.217 |
-0.027% |
— |
— |
+2.1% 多付 |
|
0.610% |
+3.96% |
$1.4M |
$7.6M |
| COINCoinbase |
$154.1 |
$154.19 |
+0.050% |
+0.04% |
+0.01% |
+20.1% 多付 |
|
0.062% |
+0.31% |
$1.3M |
$12.7M |
| MSTRMicroStrategy |
$101.79 |
$101.87 |
+0.073% |
+1.56% |
-1.49% |
+42.6% 多付 |
|
0.031% |
+0.97% |
$1.3M |
$22.4M |
| ORCLOracle |
$147.06 |
$147.15 |
+0.063% |
— |
— |
+15.0% 多付 |
— |
0.060% |
+0.62% |
$1.2M |
$33.1M |
| LITELumentum |
$915.05 |
$916.89 |
+0.189% |
— |
— |
+5.5% 多付 |
— |
0.064% |
+2.67% |
$1.1M |
$6.3M |
| SOXLSOXL |
$142 |
$141.69 |
-0.200% |
— |
— |
-201.2% 空付 |
— |
0.159% |
+1.75% |
$1.1M |
$1.4M |
| BABAAlibaba |
$129.47 |
$129.46 |
-0.017% |
— |
— |
-8.6% 空付 |
— |
0.078% |
+0.22% |
$1.1M |
$9.9M |
| AMDAMD |
$483.42 |
$483.16 |
-0.069% |
— |
— |
-33.4% 空付 |
— |
0.033% |
+0.73% |
$952K |
$12.9M |
| CBRSCoreCard |
$225.53 |
$225.79 |
+0.093% |
— |
— |
+5.5% 多付 |
— |
0.075% |
-0.51% |
$920K |
$50.6M |
| HOODRobinhood |
$94.26 |
$94.227 |
-0.041% |
-0.34% |
+0.30% |
-1.6% 空付 |
— |
0.069% |
+0.51% |
$770K |
$16.5M |
| LYTELYTE |
$27.41 |
$27.605 |
+0.180% |
— |
— |
+81.5% 多付 |
— |
1.375% |
+0.13% |
$498K |
$1.9M |
| CRWVCoreWeave |
$92.02 |
$92.073 |
+0.089% |
— |
— |
+5.5% 多付 |
— |
0.116% |
+0.91% |
$496K |
$4.7M |
| NFLXNetflix |
$74.032 |
$74.022 |
-0.043% |
— |
— |
-21.4% 空付 |
— |
0.248% |
-0.55% |
$460K |
$4.7M |
| RKLBRocket Lab |
$85.075 |
$85.011 |
-0.088% |
— |
— |
+5.5% 多付 |
— |
0.139% |
+1.98% |
$387K |
$5.1M |
| IBMIBM |
$236.86 |
$236.65 |
-0.124% |
— |
— |
-4.1% 空付 |
— |
0.155% |
-0.11% |
$316K |
$9.9M |
| NOWServiceNow |
$125.61 |
$125.39 |
-0.242% |
— |
— |
-115.7% 空付 |
— |
0.275% |
-0.25% |
$239K |
$1.8M |
| USARUSA Rare Earth |
$19.94 |
$19.922 |
+0.011% |
— |
— |
-176.5% 空付 |
— |
0.455% |
+2.45% |
$235K |
$1.4M |
| LLYEli Lilly |
$1,182.4 |
$1,181.2 |
-0.127% |
— |
— |
-22.0% 空付 |
— |
0.207% |
-0.21% |
$233K |
$3.1M |
| ZHIPUZHIPU |
$164.81 |
$165.13 |
+0.324% |
— |
— |
+202.5% 多付 |
— |
0.443% |
+1.93% |
$226K |
$5.2M |
| ARMArm |
$282.73 |
$282.52 |
-0.103% |
— |
— |
-64.2% 空付 |
— |
0.085% |
+0.25% |
$222K |
$2.7M |
| MINIMAXMINIMAX |
$43.063 |
$43.037 |
+0.007% |
— |
— |
+8.3% 多付 |
— |
0.342% |
+0.27% |
$203K |
$11.6M |
| TSMTSMC |
$420.94 |
$421.17 |
+0.055% |
— |
— |
-46.5% 空付 |
— |
0.072% |
+0.16% |
$191K |
$15.2M |
| ASMLASML |
$1,746.9 |
$1,746.9 |
+0.078% |
— |
— |
+5.5% 多付 |
— |
0.184% |
+0.76% |
$186K |
$1.9M |
| DKNGDraftKings |
$24.377 |
$24.352 |
-0.450% |
— |
— |
-219.2% 空付 |
— |
1.021% |
+1.60% |
$159K |
$438K |
| WDCWestern Digital |
$435.73 |
$435.07 |
-0.147% |
— |
— |
-71.2% 空付 |
— |
0.208% |
+0.08% |
$155K |
$2.4M |
| AVGOBroadcom |
$427.94 |
$427.68 |
-0.057% |
+1.42% |
-1.48% |
-14.0% 空付 |
— |
0.135% |
+0.33% |
$148K |
$2.9M |
| AMATAMAT |
$540.66 |
$539.77 |
-0.164% |
— |
— |
-84.8% 空付 |
— |
0.400% |
+0.12% |
$148K |
$780K |
| STRCSTRC |
$94.859 |
$94.861 |
+0.015% |
— |
— |
+5.5% 多付 |
— |
0.113% |
-0.08% |
$137K |
$11.7M |
| XLEEnergy Select Sector SPDR Fund |
$56.841 |
$56.924 |
+0.226% |
— |
— |
+20.7% 多付 |
— |
0.562% |
-0.33% |
$133K |
$1.8M |
| BOTBOT |
$28.636 |
$28.612 |
-0.249% |
— |
— |
-127.6% 空付 |
— |
0.799% |
+1.15% |
$117K |
$3.7M |
| DELLDell |
$451.8 |
$451.69 |
-0.021% |
— |
— |
+1.3% 多付 |
— |
0.074% |
-0.11% |
$90K |
$3.3M |
| GIGADEVGIGADEV |
$60.586 |
$60.586 |
-0.207% |
— |
— |
-91.3% 空付 |
— |
2.067% |
-1.52% |
$80K |
$2.3M |
| BEBE |
$221.09 |
$220.99 |
-0.076% |
— |
— |
-49.5% 空付 |
— |
0.158% |
+0.35% |
$80K |
$2.2M |
| KORUKORU |
$17.256 |
$17.224 |
-0.174% |
— |
— |
-165.8% 空付 |
— |
0.764% |
+1.44% |
$78K |
$172K |
| SHAZSHAZ |
$49.855 |
$49.924 |
+0.233% |
— |
— |
+139.7% 多付 |
— |
1.110% |
+0.07% |
$77K |
$3.1M |
| HIMSHims |
$31.69 |
$31.658 |
-0.123% |
— |
— |
-75.8% 空付 |
— |
0.438% |
+0.39% |
$67K |
$3.1M |
| BIRDBIRD |
$2.497 |
$2.484 |
-0.521% |
— |
— |
-261.8% 空付 |
— |
1.949% |
-1.74% |
$61K |
$87K |
| NOKNOK |
$9.401 |
$9.392 |
-0.101% |
— |
— |
-62.2% 空付 |
— |
0.399% |
-0.16% |
$58K |
$933K |
| QCOMQCOM |
$167.65 |
$167.6 |
+0.018% |
— |
— |
-47.6% 空付 |
— |
0.148% |
+0.02% |
$54K |
$3.7M |
| BXBlackstone |
$136.27 |
$136.14 |
-0.222% |
— |
— |
-65.4% 空付 |
— |
0.489% |
-0.40% |
$53K |
$550K |
| URNMURNM |
$55.619 |
$55.609 |
-0.295% |
— |
— |
-154.7% 空付 |
— |
0.702% |
+0.68% |
$52K |
$1.1M |
| BBBlackBerry |
$9.113 |
$9.103 |
-0.110% |
— |
— |
-45.6% 空付 |
— |
0.340% |
-1.81% |
$48K |
$11.6M |
| GMEGameStop |
$19.401 |
$19.439 |
-0.130% |
— |
— |
-61.8% 空付 |
— |
0.924% |
+1.02% |
$44K |
$1.2M |
| PURRDATPURRDAT |
$6.834 |
$6.834 |
-0.242% |
— |
— |
-126.5% 空付 |
— |
0.801% |
+1.22% |
$43K |
$5.9M |
| EBAYeBay |
$111.67 |
$111.57 |
-0.198% |
— |
— |
-93.2% 空付 |
— |
0.594% |
-0.12% |
$43K |
$260K |
| RIVNRivian |
$16.033 |
$16.033 |
+0.010% |
— |
— |
+5.5% 多付 |
— |
0.305% |
-0.34% |
$24K |
$647K |
| SMHVanEck Semiconductor ETF |
$584.1 |
$583.91 |
+0.019% |
— |
— |
+12.0% 多付 |
— |
0.726% |
+0.16% |
$22K |
$1.6M |
| QNTQuantinuum |
$58.175 |
$58.175 |
-0.014% |
— |
— |
+5.5% 多付 |
— |
0.413% |
-0.02% |
$20K |
$1.3M |
| ZMZoom |
$104.5 |
$104.63 |
+0.254% |
— |
— |
+38.7% 多付 |
— |
0.791% |
-0.06% |
$19K |
$329K |
| NCLDNCLD |
$22.978 |
$22.978 |
+1.411% |
— |
— |
+756.7% 多付 |
— |
3.434% |
+1.57% |
$16K |
$58K |
| COSTCostco |
$946.65 |
$947.09 |
+0.020% |
— |
— |
+5.5% 多付 |
— |
0.441% |
+0.15% |
$11K |
$287K |
| GEVGEV |
$992.63 |
$992.63 |
+0.113% |
— |
— |
+87.6% 多付 |
— |
1.054% |
-0.46% |
$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