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 95 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 34 小时 52 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
+0.55%
CoreCard（CBRS）链上买盘把价格顶到真股之上
🔻 折价最深
-0.03%
SanDisk（SNDK）链上比真股更便宜
💸 资金费最贵(年化)
+259%
CoreCard · 做多每小时倒贴空头
⚖️ 跨场价差最大
-2.16%
MicroStrategy · 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 |
| SP500指数标普500 |
$7,732.8 |
$7,732.9 |
+0.002% |
— |
— |
+5.5% 多付 |
|
0.002% |
+0.02% |
$37.2M |
$350.0M |
| XYZ100指数纳斯达克100 |
$30,847 |
$30,845 |
-0.008% |
— |
— |
+5.5% 多付 |
|
0.003% |
+0.08% |
$21.9M |
$242.8M |
| CBRSCoreCard |
$184.73 |
$185.39 |
+0.553% |
— |
— |
+258.5% 多付 |
|
0.215% |
+4.20% |
$21.5M |
$61.0M |
| MUMicron |
$1,065.9 |
$1,065.6 |
-0.022% |
— |
— |
-9.7% 空付 |
|
0.013% |
-0.25% |
$8.7M |
$159.4M |
| INTCIntel |
$117.04 |
$117.01 |
-0.026% |
-1.88% |
+1.85% |
-51.5% 空付 |
|
0.025% |
-1.47% |
$8.0M |
$92.8M |
| BBBlackBerry |
$9.209 |
$9.222 |
+0.249% |
— |
— |
+126.3% 多付 |
|
0.335% |
-0.48% |
$4.5M |
$14.8M |
| SNDKSanDisk |
$1,716.9 |
$1,716.4 |
-0.031% |
— |
— |
+5.5% 多付 |
|
0.009% |
-0.31% |
$4.2M |
$147.9M |
| STRCSTRC |
$99.329 |
$99.351 |
+0.025% |
— |
— |
+5.5% 多付 |
|
0.058% |
-0.02% |
$3.9M |
$12.2M |
| NVDANVIDIA |
$234.86 |
$234.86 |
+0.002% |
+0.28% |
-0.28% |
+5.5% 多付 |
|
0.013% |
+0.21% |
$3.8M |
$156.2M |
| SKHYSKHY |
$193.9 |
$193.87 |
-0.003% |
— |
— |
+5.5% 多付 |
|
0.017% |
-0.02% |
$3.1M |
$209.3M |
| METAMeta |
$730.84 |
$730.95 |
+0.016% |
+0.25% |
-0.23% |
+5.5% 多付 |
|
0.011% |
+0.48% |
$3.0M |
$66.9M |
| CRCLCircle |
$82.449 |
$82.506 |
+0.081% |
+1.16% |
-1.08% |
+10.7% 多付 |
|
0.022% |
+0.61% |
$2.9M |
$118.0M |
| SPCXSpaceX(trade.xyz) |
$158.9 |
$158.85 |
-0.025% |
— |
— |
-1.5% 空付 |
|
0.013% |
-0.06% |
$2.8M |
$111.2M |
| MSTRMicroStrategy |
$163.62 |
$163.7 |
+0.052% |
+2.21% |
-2.16% |
+53.9% 多付 |
|
0.006% |
+1.40% |
$2.7M |
$48.9M |
| GOOGLAlphabet |
$344 |
$344.04 |
+0.008% |
-0.05% |
+0.06% |
+5.5% 多付 |
|
0.009% |
+0.17% |
$2.7M |
$108.4M |
| SOXLSOXL |
$164.21 |
$164.21 |
+0.001% |
— |
— |
-4.5% 空付 |
|
0.024% |
+0.39% |
$2.2M |
$24.6M |
| AAPLApple |
$333.45 |
$333.4 |
-0.017% |
-0.15% |
+0.13% |
+5.5% 多付 |
|
0.013% |
-0.00% |
$1.4M |
$34.5M |
| HOODRobinhood |
$113.2 |
$113.15 |
-0.059% |
+0.22% |
-0.28% |
-50.2% 空付 |
|
0.038% |
+0.13% |
$1.2M |
$38.5M |
| HOHO |
$4.663 |
$4.663 |
-0.644% |
— |
— |
-335.4% 空付 |
|
1.359% |
+1.45% |
$1.2M |
$1.6M |
| TSLATesla |
$371.51 |
$371.6 |
+0.022% |
-0.01% |
+0.03% |
+5.5% 多付 |
|
0.013% |
+0.10% |
$1.2M |
$50.1M |
| AMZNAmazon |
$252.23 |
$252.27 |
+0.034% |
+0.29% |
-0.26% |
+5.5% 多付 |
|
0.026% |
+0.18% |
$1.1M |
$31.0M |
| MSFTMicrosoft |
$517.69 |
$517.77 |
+0.020% |
-0.22% |
+0.24% |
+5.5% 多付 |
|
0.014% |
-0.03% |
$924K |
$20.3M |
| CRWDCrowdStrike |
$272.59 |
$272.39 |
-0.065% |
— |
— |
-7.6% 空付 |
— |
0.167% |
-1.01% |
$823K |
$3.8M |
| AMDAMD |
$633.9 |
$634.1 |
+0.038% |
— |
— |
+5.5% 多付 |
— |
0.019% |
-0.25% |
$738K |
$14.6M |
| COINCoinbase |
$184.36 |
$184.47 |
+0.048% |
+0.38% |
-0.33% |
+18.3% 多付 |
— |
0.033% |
+0.47% |
$723K |
$13.6M |
| NFLXNetflix |
$67.63 |
$67.638 |
+0.009% |
— |
— |
+5.5% 多付 |
— |
0.044% |
+0.83% |
$613K |
$7.0M |
| NBISNebius |
$242.4 |
$242.53 |
+0.068% |
— |
— |
+6.3% 多付 |
— |
0.079% |
+0.07% |
$605K |
$27.4M |
| IBMIBM |
$223.3 |
$223.26 |
-0.030% |
— |
— |
-2.6% 空付 |
— |
0.060% |
+0.21% |
$494K |
$1.6M |
| WDCWestern Digital |
$411.91 |
$412.23 |
+0.071% |
— |
— |
+5.5% 多付 |
— |
0.101% |
-0.54% |
$482K |
$10.2M |
| KORUKORU |
$22.692 |
$22.672 |
-0.091% |
— |
— |
-20.1% 空付 |
— |
0.070% |
+0.19% |
$436K |
$3.1M |
| BABAAlibaba |
$106.35 |
$106.43 |
+0.075% |
— |
— |
+5.5% 多付 |
— |
0.020% |
+0.33% |
$435K |
$12.4M |
| RKLBRocket Lab |
$74.231 |
$74.243 |
+0.022% |
— |
— |
+5.5% 多付 |
— |
0.051% |
+0.10% |
$366K |
$14.9M |
| PURRDATPURRDAT |
$12.252 |
$12.256 |
+0.070% |
— |
— |
+27.7% 多付 |
— |
0.365% |
+1.12% |
$364K |
$17.4M |
| AVGOBroadcom |
$355.68 |
$355.67 |
-0.010% |
+0.52% |
-0.53% |
+5.5% 多付 |
— |
0.051% |
+0.21% |
$363K |
$13.9M |
| CXMTCXMT |
$8.417 |
$8.413 |
-0.041% |
— |
— |
-17.1% 空付 |
— |
0.066% |
-0.38% |
$361K |
$30.5M |
| ORCLOracle |
$142.49 |
$142.52 |
+0.030% |
— |
— |
+5.5% 多付 |
— |
0.022% |
+0.15% |
$343K |
$26.3M |
| LITELumentum |
$1,092.9 |
$1,092.5 |
-0.043% |
— |
— |
+5.5% 多付 |
— |
0.040% |
+0.37% |
$340K |
$9.3M |
| MRNAMRNA |
$189.76 |
$189.71 |
-0.020% |
— |
— |
-23.1% 空付 |
— |
0.095% |
+0.18% |
$319K |
$2.4M |
| MRVLMarvell |
$272.9 |
$272.94 |
+0.018% |
— |
— |
+5.5% 多付 |
— |
0.034% |
+0.03% |
$316K |
$11.6M |
| TSMTSMC |
$473.66 |
$473.72 |
+0.023% |
— |
— |
+5.5% 多付 |
— |
0.048% |
+0.18% |
$259K |
$7.1M |
| PLTRPalantir |
$189.16 |
$189.16 |
+0.007% |
+0.12% |
-0.11% |
+5.5% 多付 |
— |
0.026% |
+0.16% |
$242K |
$12.5M |
| DELLDell |
$561.4 |
$561.48 |
+0.038% |
— |
— |
+5.5% 多付 |
— |
0.063% |
+0.29% |
$203K |
$6.1M |
| GMEGameStop |
$25.187 |
$25.185 |
-0.004% |
+0.30% |
-0.30% |
+5.5% 多付 |
— |
0.204% |
-0.63% |
$196K |
$2.8M |
| AAOIAAOI |
$116.19 |
$116.22 |
+0.021% |
— |
— |
+21.3% 多付 |
— |
0.103% |
+1.39% |
$171K |
$1.6M |
| BOTBOT |
$29.193 |
$29.216 |
+0.114% |
— |
— |
+39.4% 多付 |
— |
0.597% |
+0.21% |
$138K |
$3.0M |
| QCOMQCOM |
$186.28 |
$186.28 |
-0.002% |
— |
— |
+5.5% 多付 |
— |
0.095% |
+0.39% |
$138K |
$6.5M |
| BEBE |
$287.37 |
$287.35 |
-0.014% |
— |
— |
-7.5% 空付 |
— |
0.093% |
+0.14% |
$136K |
$6.1M |
| CRWVCoreWeave |
$89.279 |
$89.325 |
+0.054% |
— |
— |
+28.0% 多付 |
— |
0.059% |
-0.07% |
$129K |
$7.6M |
| AMATAMAT |
$541.85 |
$541.79 |
-0.006% |
— |
— |
-2.3% 空付 |
— |
0.072% |
+0.53% |
$126K |
$1.8M |
| ARMArm |
$308.48 |
$308.47 |
-0.013% |
— |
— |
+5.5% 多付 |
— |
0.040% |
+0.23% |
$122K |
$5.8M |
| QNTQuantinuum |
$46.595 |
$46.664 |
+0.154% |
— |
— |
+155.1% 多付 |
— |
0.627% |
+0.92% |
$117K |
$1.6M |
| UNITREEUNITREE |
$68.331 |
$68.389 |
+0.080% |
— |
— |
+14.0% 多付 |
— |
0.077% |
+0.27% |
$101K |
$19.7M |
| OURAOURA |
$49.944 |
$49.832 |
-0.389% |
— |
— |
-2.0% 空付 |
— |
0.989% |
+0.17% |
$89K |
$957K |
| SHEINSHEIN |
$3.994 |
$4.009 |
+0.282% |
— |
— |
+79.1% 多付 |
— |
1.116% |
+1.37% |
$72K |
$540K |
| SNXXSNXX |
$16.266 |
$16.232 |
-0.145% |
— |
— |
-44.6% 空付 |
— |
0.373% |
-0.23% |
$71K |
$481K |
| BMNRBMNR |
$26.65 |
$26.65 |
-0.016% |
— |
— |
+5.5% 多付 |
— |
0.205% |
+0.84% |
$63K |
$2.9M |
| ZHIPUZHIPU |
$79.292 |
$79.237 |
-0.071% |
— |
— |
-22.9% 空付 |
— |
0.063% |
-0.14% |
$57K |
$23.0M |
| URNMURNM |
$48.196 |
$48.235 |
+0.059% |
— |
— |
+43.3% 多付 |
— |
0.369% |
+0.47% |
$55K |
$1.8M |
| TLTTLT |
$77.424 |
$77.424 |
+0.124% |
— |
— |
+51.3% 多付 |
— |
0.253% |
-0.04% |
$53K |
$1.4M |
| BIRDBIRD |
$3.458 |
$3.452 |
-0.127% |
— |
— |
-132.7% 空付 |
— |
0.861% |
-0.14% |
$51K |
$238K |
| LLYEli Lilly |
$1,144.1 |
$1,144.2 |
+0.012% |
— |
— |
+5.5% 多付 |
— |
0.074% |
+0.03% |
$48K |
$6.7M |
| ASMLASML |
$1,864.7 |
$1,864.9 |
+0.045% |
— |
— |
+5.5% 多付 |
— |
0.098% |
-0.09% |
$45K |
$2.1M |
| IRENIREN |
$41.37 |
$41.359 |
-0.031% |
— |
— |
-3.1% 空付 |
— |
0.127% |
-0.04% |
$44K |
$3.2M |
| USARUSA Rare Earth |
$13.736 |
$13.736 |
-0.024% |
— |
— |
+4.5% 多付 |
— |
0.124% |
+0.34% |
$43K |
$4.4M |
| NOWServiceNow |
$134.59 |
$134.74 |
+0.058% |
— |
— |
+24.0% 多付 |
— |
0.354% |
+0.16% |
$40K |
$1.5M |
| RIVNRivian |
$14.289 |
$14.289 |
-0.030% |
— |
— |
-14.4% 空付 |
— |
0.294% |
-0.41% |
$40K |
$1.4M |
| NCLDNCLD |
$23.804 |
$23.804 |
+0.343% |
— |
— |
+171.2% 多付 |
— |
2.100% |
+0.29% |
$39K |
$357K |
| NOKNOK |
$10.559 |
$10.553 |
-0.069% |
— |
— |
-21.0% 空付 |
— |
0.417% |
-0.10% |
$32K |
$1.6M |
| SMHVanEck Semiconductor ETF |
$632.79 |
$632.89 |
+0.046% |
— |
— |
+10.9% 多付 |
— |
0.158% |
+0.16% |
$29K |
$2.3M |
| RDDTRDDT |
$147.28 |
$147.14 |
-0.066% |
— |
— |
-49.1% 空付 |
— |
0.647% |
-0.38% |
$27K |
$236K |
| XLEEnergy Select Sector SPDR Fund |
$62.731 |
$62.781 |
+0.068% |
— |
— |
+40.3% 多付 |
— |
0.161% |
-0.16% |
$23K |
$1.6M |
| MINIMAXMINIMAX |
$30.402 |
$30.376 |
-0.109% |
— |
— |
-7.1% 空付 |
— |
0.080% |
-0.28% |
$21K |
$3.9M |
| DKNGDraftKings |
$18.612 |
$18.624 |
+0.074% |
— |
— |
+35.8% 多付 |
— |
0.388% |
-0.26% |
$21K |
$594K |
| SHAZSHAZ |
$51.064 |
$51.023 |
-0.117% |
— |
— |
+27.2% 多付 |
— |
0.506% |
-0.49% |
$15K |
$607K |
| GIGADEVGIGADEV |
$52.54 |
$52.573 |
+0.112% |
— |
— |
+68.3% 多付 |
— |
0.803% |
+0.71% |
$13K |
$660K |
| XBIXBI |
$154.82 |
$154.48 |
-0.237% |
— |
— |
-108.4% 空付 |
— |
0.788% |
-0.35% |
$13K |
$140K |
| LYTELYTE |
$25.914 |
$25.899 |
-0.135% |
— |
— |
-1.0% 空付 |
— |
0.651% |
-0.06% |
$13K |
$449K |
| COSTCostco |
$918.12 |
$918.1 |
-0.002% |
— |
— |
+5.5% 多付 |
— |
0.210% |
-0.14% |
$13K |
$540K |
| HIMSHims |
$29.084 |
$29.075 |
-0.023% |
— |
— |
-1.0% 空付 |
— |
0.142% |
+0.35% |
$11K |
$2.7M |
| BXBlackstone |
$112.12 |
$112.08 |
-0.026% |
— |
— |
+5.5% 多付 |
— |
0.183% |
-0.07% |
$11K |
$513K |
| MAGSMAGS |
$72.403 |
$72.471 |
+0.022% |
— |
— |
+5.5% 多付 |
— |
0.302% |
-0.00% |
$10K |
$867K |
| EBAYeBay |
$106.61 |
$106.61 |
+0.012% |
— |
— |
+5.5% 多付 |
— |
0.499% |
+0.05% |
$8K |
$216K |
| NETNET |
$349.58 |
$349.26 |
-0.077% |
— |
— |
-33.4% 空付 |
— |
0.698% |
+0.37% |
$5K |
$549K |
| ZMZoom |
$92.995 |
$93.006 |
+0.078% |
— |
— |
+5.5% 多付 |
— |
0.372% |
+0.06% |
$4K |
$403K |
| CVXChevron |
$206.76 |
$207.79 |
+0.481% |
— |
— |
+247.0% 多付 |
— |
1.714% |
+0.38% |
$2K |
$57K |
| GEVGEV |
$985.81 |
$985.78 |
-0.044% |
— |
— |
+5.5% 多付 |
— |
0.559% |
+0.01% |
$317 |
$286K |
| KSTRKSTR |
$22.081 |
$22.061 |
-0.123% |
— |
— |
-50.8% 空付 |
— |
0.994% |
-0.58% |
$73 |
$30K |
| 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 |
| ACNAccenture |
$198.9 |
$198.9 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
链上美股盘口