链上美股盘口
𝕏TG

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 91 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 13 小时 23 分 · 美股没开，但链上还在定价——这段时间的价差最值得看
覆盖美股
91
永续 24h 成交额
$355.9M
未平仓 OI
$2.46B
全市场加权溢价
+0.01%
平均资金费(年化)
+25.4%
更新于
1 分钟前
🔺 永续溢价最高
+0.13%
Intel（INTC）链上买盘把价格顶到真股之上
🔻 折价最深
-0.09%
Microsoft（MSFT）链上比真股更便宜
💸 资金费最贵(年化)
+172%
Robinhood · 做多每小时倒贴空头
⚖️ 跨场价差最大
-1.13%
MicroStrategy · 永续与现货定价分歧，潜在套利
Pre-IPO 私司 · 市场隐含估值看全部与风险提示 →
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 $30,594 $30,585 -0.041% — — +2.8% 多付 0.003% -0.08% $86.2M $191.7M
SP500指数标普500 $7,725.9 $7,722.9 -0.043% — — -3.8% 空付 0.001% -0.07% $75.5M $349.2M
MUMicron $1,087.6 $1,087.6 +0.083% — — -29.8% 空付 0.018% -0.26% $23.7M $161.2M
METAMeta $745.26 $745.26 +0.132% -0.26% +0.39% -20.1% 空付 0.013% -0.24% $14.4M $71.3M
INTCIntel $123.24 $123.31 +0.133% -0.21% +0.34% -1.4% 空付 0.023% -0.06% $13.6M $151.0M
AMDAMD $632.17 $632.17 -0.001% — — +71.2% 多付 0.038% +0.64% $12.2M $16.8M
BBBlackBerry $8.19 $8.185 -0.036% — — -17.9% 空付 0.167% +0.52% $10.8M $13.6M
SOXLSOXL $152.26 $152.26 -0.002% — — +687.9% 多付 0.034% +0.46% $10.1M $29.6M
SNDKSanDisk $1,773.6 $1,773.6 -0.025% — — +26.3% 多付 0.017% +0.21% $9.3M $127.6M
NVDANVIDIA $225.08 $225.08 +0.006% +0.03% -0.02% +98.8% 多付 0.012% +0.26% $9.2M $139.9M
CRCLCircle $88.09 $88.09 +0.128% +1.08% -0.95% -81.5% 空付 0.034% -1.03% $8.1M $107.6M
SKHYSKHY $190.02 $189.76 -0.100% — — -85.9% 空付 0.032% -0.97% $6.6M $191.1M
PLTRPalantir $189.37 $189.37 +0.000% -0.04% +0.04% -63.5% 空付 0.021% -0.13% $5.8M $13.9M
SPCXSpaceX(trade.xyz) $149.24 $149.24 +0.044% — — +5.5% 多付 0.007% +0.43% $5.7M $120.1M
CXMTCXMT $8.663 $8.663 -0.045% — — +5.5% 多付 0.084% -1.26% $5.5M $48.3M
GOOGLAlphabet $343.17 $343.2 +0.009% +0.06% -0.05% +5.5% 多付 0.006% -0.11% $5.3M $110.6M
MSFTMicrosoft $515.6 $515.35 -0.091% -0.44% +0.35% -2.6% 空付 0.018% -0.41% $4.7M $25.1M
TSLATesla $372.52 $372.52 +0.020% -0.16% +0.18% -4.8% 空付 0.017% +0.03% $4.4M $47.7M
AMZNAmazon $248.98 $248.98 -0.017% -0.34% +0.32% +21.9% 多付 0.008% -0.20% $4.2M $30.2M
AAPLApple $340.03 $340.03 -0.051% -0.64% +0.59% +28.8% 多付 0.005% -0.03% $4.0M $36.4M
MSTRMicroStrategy $160.64 $160.77 +0.092% +1.22% -1.13% +24.7% 多付 0.023% +0.44% $3.6M $56.8M
MRVLMarvell $263.27 $263.27 +0.014% — — +136.3% 多付 0.043% +0.09% $2.8M $12.6M
KORUKORU $21.78 $21.78 -0.004% — — +538.7% 多付 — 0.024% +1.02% $2.5M $5.3M
HOODRobinhood $119.31 $119.36 +0.046% +0.35% -0.30% +172.1% 多付 — 0.008% +0.29% $2.3M $41.1M
GIGADEVGIGADEV $57.002 $57.13 +1.052% — — +644.1% 多付 — 1.649% +0.97% $2.0M $1.1M
COINCoinbase $195.99 $196.11 +0.075% +0.13% -0.05% +104.1% 多付 — 0.038% -0.44% $1.9M $13.3M
NBISNebius $238.47 $238.55 +0.033% — — +5.5% 多付 — 0.043% -0.35% $1.9M $33.5M
AVGOBroadcom $352.82 $352.82 +0.046% — — +82.1% 多付 — 0.044% -0.33% $1.8M $15.1M
RKLBRocket Lab $74.325 $74.379 +0.099% — — -2.5% 空付 — 0.057% +0.12% $1.8M $10.7M
ORCLOracle $137.06 $137.08 +0.018% — — +67.7% 多付 — 0.045% -0.62% $1.5M $24.0M
WDCWestern Digital $455.93 $456.15 +0.111% — — +3.9% 多付 — 0.090% -0.85% $1.4M $3.0M
ARMArm $311.58 $311.65 +0.035% — — +5.5% 多付 — 0.059% +0.13% $1.2M $5.6M
CRWVCoreWeave $87.385 $87.422 +0.057% — — +85.8% 多付 — 0.066% +0.86% $930K $8.2M
QNTQuantinuum $48.884 $49.451 +1.220% — — +640.8% 多付 — 0.346% +0.60% $810K $1.5M
CBRSCoreCard $207.24 $207.25 +0.022% — — +110.9% 多付 — 0.093% +0.10% $789K $42.7M
PURRDATPURRDAT $12.828 $12.838 -0.032% — — +66.3% 多付 — 0.454% -0.69% $706K $16.3M
BABAAlibaba $109.9 $109.9 0.000% — — +2.6% 多付 — 0.036% -0.44% $694K $12.7M
MRNAMRNA $196.98 $196.95 -0.140% — — +6.1% 多付 — 0.047% -1.80% $664K $2.4M
DELLDell $563.33 $563.45 -0.005% — — +10.1% 多付 — 0.078% -0.05% $656K $6.9M
QCOMQCOM $202.6 $202.6 +0.111% — — -6.6% 空付 — 0.103% -0.37% $612K $7.0M
NFLXNetflix $70.968 $70.995 +0.041% — — +12.9% 多付 — 0.056% -0.22% $553K $6.4M
AMATAMAT $485.32 $485.59 +0.068% — — +192.4% 多付 — 0.077% -0.27% $487K $2.1M
NCLDNCLD $24.762 $24.675 -0.407% — — -300.4% 空付 — 1.192% -1.31% $441K $681K
TSMTSMC $450.38 $450.38 +0.016% — — -77.5% 空付 — 0.068% -0.26% $422K $9.2M
BEBE $289.46 $289.46 -0.077% — — +117.9% 多付 — 0.070% +1.27% $398K $6.1M
UNITREEUNITREE $73.353 $73.379 +0.061% — — +5.5% 多付 — 0.078% -0.18% $383K $21.0M
GMEGameStop $23.534 $23.423 -0.593% +0.09% -0.68% -240.5% 空付 — 0.131% -1.15% $364K $3.2M
AAOIAAOI $102.01 $102.07 +0.087% — — +5.5% 多付 — 0.110% +0.07% $329K $2.0M
LITELumentum $943.15 $943.15 +0.008% — — +196.1% 多付 — 0.035% -0.02% $323K $11.8M
ZHIPUZHIPU $80.865 $81.014 +0.207% — — +80.6% 多付 — 0.088% -0.38% $202K $22.7M
ASMLASML $1,746.5 $1,747.8 +0.038% — — +152.5% 多付 — 0.104% +0.44% $191K $2.5M
IBMIBM $225.95 $225.86 -0.029% — — -66.2% 空付 — 0.075% -0.08% $167K $1.7M
SHEINSHEIN $4.549 $4.556 +0.178% — — +80.3% 多付 — 0.967% +0.54% $153K $644K
CRWDCrowdStrike $253.41 $253.39 +0.066% — — -161.8% 空付 — 0.576% -0.35% $153K $1.3M
NETNET $347.66 $347.8 +0.090% — — +34.3% 多付 — 0.973% -0.48% $145K $657K
NOKNOK $10.355 $10.366 +0.211% — — +22.6% 多付 — 0.301% +0.02% $126K $2.1M
IRENIREN $44.19 $44.19 +0.031% — — -111.9% 空付 — 0.125% +0.03% $122K $4.6M
LLYEli Lilly $1,182.2 $1,182.7 +0.128% — — +5.5% 多付 — 0.102% +0.09% $113K $11.3M
USARUSA Rare Earth $15.215 $15.233 +0.159% — — +82.8% 多付 — 0.145% +0.23% $103K $3.6M
HIMSHims $29.34 $29.34 -0.079% — — +238.0% 多付 — 0.166% +0.81% $87K $3.1M
XLEEnergy Select Sector SPDR Fund $62.125 $62.123 -0.093% — — +5.5% 多付 — 0.225% +0.43% $74K $1.6M
MINIMAXMINIMAX $35.412 $35.435 +0.077% — — +13.5% 多付 — 0.108% +1.41% $74K $4.8M
MAGSMAGS $72.5 $72.532 +0.042% — — +88.7% 多付 — 0.245% +0.09% $74K $907K
BIRDBIRD $2.334 $2.339 +0.123% — — +80.0% 多付 — 1.483% +0.13% $72K $80K
TLTTLT $79.06 $78.926 -0.126% — — -71.9% 空付 — 0.663% -0.45% $70K $930K
STRCSTRC $98.655 $98.74 +0.085% — — +33.4% 多付 — 0.075% +0.03% $64K $10.0M
SMHVanEck Semiconductor ETF $607.37 $607.37 +0.255% — — +5.5% 多付 — 0.337% -0.43% $64K $3.3M
BMNRBMNR $27.583 $27.596 +0.209% — — +39.2% 多付 — 0.329% +0.82% $61K $3.4M
OURAOURA $49.926 $49.81 -0.182% — — -0.9% 空付 — 0.846% -0.38% $59K $379K
DKNGDraftKings $22.09 $22.022 -0.263% — — -181.2% 空付 — 0.343% -0.73% $48K $961K
CVXChevron $204.65 $204.14 -1.009% — — -523.3% 空付 — 8.069% +0.11% $42K $66K
URNMURNM $49.474 $49.429 -0.268% — — -132.8% 空付 — 0.488% -0.06% $29K $1.5M
RDDTRDDT $149.9 $149.84 -0.069% — — -122.1% 空付 — 0.576% -0.09% $28K $264K
SHAZSHAZ $54.954 $54.829 -0.291% — — -140.2% 空付 — 0.937% -0.73% $26K $563K
ZMZoom $90.245 $90.071 -0.147% — — -64.0% 空付 — 0.616% -0.32% $24K $590K
SNXXSNXX $17.456 $17.454 -0.192% — — +5.5% 多付 — 0.326% +0.51% $20K $189K
BOTBOT $29.186 $29.186 -0.035% — — -8.7% 空付 — 0.642% -0.27% $19K $3.0M
BXBlackstone $118.18 $118.08 -0.100% — — -23.0% 空付 — 0.245% -0.08% $17K $605K
GEVGEV $956.6 $958.42 +0.166% — — +115.6% 多付 — 0.358% +0.27% $17K $441K
COSTCostco $921.81 $921.46 -0.080% — — -137.9% 空付 — 0.100% +0.09% $16K $1.0M
KSTRKSTR $23.725 $23.782 +0.262% — — +47.5% 多付 — 0.992% +0.52% $11K $19K
RIVNRivian $15.385 $15.404 +0.023% — — +5.5% 多付 — 0.293% -0.27% $11K $496K
LYTELYTE $25.355 $25.355 -0.173% — — -430.8% 空付 — 0.979% -0.37% $9K $435K
EBAYeBay $108.58 $108.55 -0.034% — — -3.6% 空付 — 0.542% 0.00% $8K $273K
NOWServiceNow $135.36 $135.36 +0.050% — — -50.2% 空付 — 0.375% -0.37% $6K $2.0M
XBIXBI $155.88 $155.53 +0.127% — — +22.2% 多付 — 0.860% +0.29% $3K $143K
IBIDENIBIDEN $147.28 $147.28 0.000% — — 0.0% — — +0.07% $0 $0
YMTCYMTC $10 $10 0.000% — — 0.0% — — 0.00% $0 $0
HOHO $4.88 $4.88 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