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 25 小时 45 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
+0.14%
SpaceX(trade.xyz)（SPCX）链上买盘把价格顶到真股之上
🔻 折价最深
-0.03%
Alphabet（GOOGL）链上比真股更便宜
💸 资金费最贵(年化)
+26%
Intel · 做多每小时倒贴空头
⚖️ 跨场价差最大
-1.18%
Alphabet · 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) |
$135.85 |
$135.98 |
+0.141% |
— |
— |
+17.5% 多付 |
|
0.013% |
+2.06% |
$159.5M |
$262.4M |
| SP500指数标普500 |
$7,758.9 |
$7,756.2 |
-0.032% |
— |
— |
+5.5% 多付 |
|
0.014% |
+0.14% |
$41.6M |
$471.9M |
| XYZ100指数纳斯达克100 |
$29,753 |
$29,756 |
+0.007% |
— |
— |
+5.5% 多付 |
|
0.007% |
+0.25% |
$26.6M |
$185.9M |
| MUMicron |
$880.65 |
$880.65 |
-0.018% |
— |
— |
+5.5% 多付 |
|
0.019% |
+0.26% |
$12.4M |
$191.9M |
| SNDKSanDisk |
$1,219.3 |
$1,219.9 |
+0.029% |
— |
— |
+5.5% 多付 |
|
0.008% |
+0.51% |
$11.5M |
$127.6M |
| SKHYSKHY |
$138.91 |
$138.99 |
+0.052% |
— |
— |
+41.4% 多付 |
|
0.019% |
+0.94% |
$8.8M |
$102.1M |
| GOOGLAlphabet |
$357.32 |
$357.2 |
-0.035% |
+1.15% |
-1.18% |
+5.5% 多付 |
|
0.020% |
+0.45% |
$6.1M |
$126.7M |
| NVDANVIDIA |
$224.59 |
$224.6 |
+0.013% |
+0.25% |
-0.24% |
+5.5% 多付 |
|
0.016% |
+0.37% |
$4.7M |
$167.1M |
| TSLATesla |
$330.01 |
$330.03 |
+0.005% |
+0.30% |
-0.30% |
+3.9% 多付 |
|
0.024% |
+0.14% |
$4.6M |
$36.7M |
| MRVLMarvell |
$221.12 |
$221.3 |
+0.103% |
— |
— |
-10.6% 空付 |
|
0.060% |
+1.59% |
$3.6M |
$31.8M |
| CRCLCircle |
$67.943 |
$67.943 |
-0.018% |
+1.12% |
-1.14% |
+5.5% 多付 |
|
0.052% |
+1.33% |
$3.4M |
$43.5M |
| CXMTCXMT |
$7.286 |
$7.288 |
+0.116% |
— |
— |
+25.1% 多付 |
|
0.312% |
+1.44% |
$2.9M |
$66.5M |
| METAMeta |
$595.52 |
$595.76 |
+0.052% |
— |
— |
+5.5% 多付 |
|
0.045% |
+0.65% |
$2.8M |
$47.4M |
| NBISNebius |
$193.45 |
$193.68 |
+0.086% |
— |
— |
+22.4% 多付 |
|
0.131% |
+2.11% |
$2.5M |
$32.2M |
| INTCIntel |
$101.95 |
$102.05 |
+0.108% |
— |
— |
+25.5% 多付 |
|
0.019% |
+0.85% |
$2.4M |
$55.0M |
| AAPLApple |
$312.01 |
$312.05 |
+0.037% |
-0.66% |
+0.70% |
+5.5% 多付 |
|
0.076% |
-0.08% |
$2.4M |
$39.0M |
| PLTRPalantir |
$172.81 |
$172.91 |
+0.066% |
-1.07% |
+1.14% |
+5.5% 多付 |
|
0.056% |
+0.91% |
$1.7M |
$41.0M |
| MSFTMicrosoft |
$500.08 |
$500.04 |
-0.001% |
-0.46% |
+0.46% |
+5.5% 多付 |
|
0.029% |
+0.26% |
$1.6M |
$53.1M |
| AMZNAmazon |
$275.22 |
$275.07 |
-0.050% |
+0.04% |
-0.09% |
-7.1% 空付 |
|
0.032% |
+0.40% |
$1.5M |
$28.0M |
| UNITREEUNITREE |
$87.348 |
$87.745 |
+0.485% |
— |
— |
+2.3% 多付 |
|
0.628% |
+3.60% |
$1.4M |
$7.7M |
| LITELumentum |
$911.64 |
$911.84 |
+0.032% |
— |
— |
+5.5% 多付 |
|
0.085% |
+1.91% |
$1.4M |
$6.4M |
| COINCoinbase |
$154.61 |
$154.8 |
+0.115% |
-0.04% |
+0.15% |
+64.3% 多付 |
|
0.083% |
+0.70% |
$1.3M |
$12.8M |
| MSTRMicroStrategy |
$102.43 |
$102.5 |
+0.086% |
+2.21% |
-2.12% |
+58.4% 多付 |
— |
0.035% |
+1.44% |
$1.2M |
$22.6M |
| SOXLSOXL |
$141.69 |
$141.48 |
-0.150% |
— |
— |
-88.7% 空付 |
— |
0.145% |
+0.68% |
$1.2M |
$1.3M |
| ORCLOracle |
$147 |
$147.13 |
+0.079% |
— |
— |
+5.5% 多付 |
— |
0.069% |
+0.48% |
$1.1M |
$33.1M |
| CBRSCoreCard |
$225.69 |
$225.77 |
+0.032% |
— |
— |
+16.4% 多付 |
— |
0.047% |
-0.88% |
$936K |
$50.6M |
| AMDAMD |
$483.68 |
$483.95 |
+0.051% |
— |
— |
+5.5% 多付 |
— |
0.043% |
+0.71% |
$889K |
$12.9M |
| BABAAlibaba |
$129.59 |
$129.64 |
+0.020% |
— |
— |
+5.5% 多付 |
— |
0.171% |
+0.12% |
$848K |
$9.9M |
| HOODRobinhood |
$94.246 |
$94.261 |
+0.018% |
+1.42% |
-1.40% |
+5.5% 多付 |
— |
0.060% |
+0.31% |
$691K |
$16.5M |
| LYTELYTE |
$27.389 |
$27.581 |
+0.296% |
— |
— |
+115.3% 多付 |
— |
1.286% |
-0.29% |
$509K |
$1.9M |
| CRWVCoreWeave |
$91.974 |
$92.117 |
+0.160% |
— |
— |
+11.0% 多付 |
— |
0.176% |
+0.94% |
$486K |
$4.7M |
| NFLXNetflix |
$74.024 |
$74.039 |
-0.027% |
— |
— |
-7.7% 空付 |
— |
0.227% |
-0.20% |
$402K |
$4.7M |
| RKLBRocket Lab |
$84.897 |
$84.969 |
+0.102% |
— |
— |
+5.5% 多付 |
— |
0.138% |
+2.04% |
$394K |
$5.1M |
| IBMIBM |
$236.98 |
$236.8 |
-0.101% |
— |
— |
+5.5% 多付 |
— |
0.208% |
-0.08% |
$316K |
$9.9M |
| NOWServiceNow |
$125.51 |
$125.41 |
-0.123% |
— |
— |
-31.6% 空付 |
— |
0.372% |
-0.59% |
$246K |
$1.8M |
| USARUSA Rare Earth |
$19.817 |
$19.805 |
-0.201% |
— |
— |
-160.2% 空付 |
— |
0.437% |
+1.87% |
$238K |
$1.4M |
| ARMArm |
$282.43 |
$282.37 |
+0.009% |
— |
— |
-4.5% 空付 |
— |
0.117% |
+0.16% |
$219K |
$2.7M |
| TSMTSMC |
$420.93 |
$420.97 |
-0.004% |
— |
— |
+5.5% 多付 |
— |
0.059% |
+0.10% |
$210K |
$15.2M |
| ASMLASML |
$1,749.1 |
$1,749.7 |
+0.003% |
— |
— |
-5.9% 空付 |
— |
0.375% |
+0.89% |
$187K |
$1.9M |
| MINIMAXMINIMAX |
$43.075 |
$43.075 |
+0.024% |
— |
— |
+5.5% 多付 |
— |
0.373% |
+0.81% |
$177K |
$11.6M |
| DKNGDraftKings |
$24.374 |
$24.37 |
-0.399% |
— |
— |
-202.5% 空付 |
— |
0.999% |
+2.03% |
$158K |
$438K |
| AVGOBroadcom |
$428.25 |
$428.33 |
+0.052% |
+1.57% |
-1.52% |
+20.0% 多付 |
— |
0.148% |
+0.21% |
$155K |
$3.0M |
| LLYEli Lilly |
$1,182.1 |
$1,182.1 |
-0.022% |
— |
— |
-1.1% 空付 |
— |
0.219% |
+0.28% |
$153K |
$3.1M |
| WDCWestern Digital |
$434.6 |
$434.6 |
+0.004% |
— |
— |
+5.5% 多付 |
— |
0.231% |
-0.19% |
$150K |
$2.4M |
| AMATAMAT |
$540.16 |
$540.04 |
-0.016% |
— |
— |
-43.0% 空付 |
— |
0.425% |
-0.13% |
$148K |
$788K |
| STRCSTRC |
$94.88 |
$94.883 |
+0.003% |
— |
— |
+5.5% 多付 |
— |
0.030% |
-0.21% |
$141K |
$11.7M |
| XLEEnergy Select Sector SPDR Fund |
$56.885 |
$56.873 |
-0.105% |
— |
— |
+23.0% 多付 |
— |
0.438% |
-0.44% |
$132K |
$1.8M |
| BOTBOT |
$28.568 |
$28.475 |
-0.427% |
— |
— |
-173.4% 空付 |
— |
0.738% |
+0.70% |
$122K |
$3.7M |
| ZHIPUZHIPU |
$164.92 |
$164.88 |
+0.023% |
— |
— |
-86.4% 空付 |
— |
0.458% |
+1.18% |
$103K |
$5.2M |
| DELLDell |
$451.77 |
$451.59 |
-0.036% |
— |
— |
+1.7% 多付 |
— |
0.101% |
-0.02% |
$88K |
$3.3M |
| BEBE |
$220.95 |
$220.95 |
-0.023% |
— |
— |
-14.8% 空付 |
— |
0.166% |
+0.24% |
$73K |
$2.2M |
| KORUKORU |
$17.263 |
$17.273 |
+0.049% |
— |
— |
+56.9% 多付 |
— |
0.546% |
+1.02% |
$71K |
$173K |
| SHAZSHAZ |
$50.018 |
$49.91 |
-0.210% |
— |
— |
-107.3% 空付 |
— |
0.915% |
-0.86% |
$71K |
$3.1M |
| HIMSHims |
$31.75 |
$31.765 |
+0.077% |
— |
— |
+39.3% 多付 |
— |
0.597% |
+0.58% |
$67K |
$3.1M |
| GMEGameStop |
$19.447 |
$19.509 |
+0.227% |
— |
— |
+30.4% 多付 |
— |
1.149% |
+1.61% |
$63K |
$1.3M |
| GIGADEVGIGADEV |
$60.586 |
$60.586 |
-0.253% |
— |
— |
-102.8% 空付 |
— |
2.123% |
-0.97% |
$62K |
$2.3M |
| BIRDBIRD |
$2.497 |
$2.49 |
-0.460% |
— |
— |
-232.0% 空付 |
— |
1.781% |
-1.71% |
$59K |
$88K |
| QCOMQCOM |
$167.76 |
$167.76 |
-0.008% |
— |
— |
-3.2% 空付 |
— |
0.318% |
-0.04% |
$57K |
$3.7M |
| NOKNOK |
$9.397 |
$9.397 |
-0.054% |
— |
— |
-19.2% 空付 |
— |
0.454% |
-0.24% |
$56K |
$933K |
| PURRDATPURRDAT |
$6.817 |
$6.799 |
-0.523% |
— |
— |
-85.6% 空付 |
— |
0.948% |
+0.45% |
$54K |
$5.9M |
| BXBlackstone |
$136.21 |
$136.13 |
-0.200% |
— |
— |
-82.2% 空付 |
— |
0.546% |
-0.40% |
$54K |
$550K |
| URNMURNM |
$55.619 |
$55.619 |
-0.232% |
— |
— |
-112.6% 空付 |
— |
0.676% |
+0.06% |
$51K |
$1.1M |
| BBBlackBerry |
$9.113 |
$9.106 |
-0.073% |
— |
— |
-28.4% 空付 |
— |
0.303% |
-1.76% |
$48K |
$11.6M |
| EBAYeBay |
$111.52 |
$111.29 |
-0.350% |
— |
— |
-142.2% 空付 |
— |
0.645% |
-0.37% |
$43K |
$258K |
| RIVNRivian |
$16.033 |
$16.033 |
-0.003% |
— |
— |
+5.5% 多付 |
— |
0.287% |
-0.30% |
$23K |
$647K |
| QNTQuantinuum |
$58.244 |
$58.244 |
+0.079% |
— |
— |
+105.9% 多付 |
— |
0.580% |
+0.22% |
$21K |
$1.3M |
| SMHVanEck Semiconductor ETF |
$584.06 |
$583.64 |
-0.015% |
— |
— |
+5.5% 多付 |
— |
0.501% |
+0.19% |
$21K |
$1.6M |
| ZMZoom |
$104.7 |
$104.77 |
+0.026% |
— |
— |
+5.5% 多付 |
— |
0.453% |
+0.08% |
$19K |
$330K |
| NCLDNCLD |
$22.978 |
$23.296 |
+1.417% |
— |
— |
+757.9% 多付 |
— |
3.492% |
+1.73% |
$15K |
$59K |
| COSTCostco |
$946.65 |
$946.65 |
+0.042% |
— |
— |
+5.5% 多付 |
— |
0.361% |
+0.05% |
$11K |
$287K |
| GEVGEV |
$992.63 |
$992.63 |
+0.205% |
— |
— |
+100.5% 多付 |
— |
1.164% |
-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