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 92 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。

美股休市距下次开盘 11 小时 15 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
92
永续 24h 成交额
$1.74B
未平仓 OI
$2.36B
全市场加权溢价
+0.00%
平均资金费(年化)
+4.7%
更新于
4 分钟前
🔺 永续溢价最高
+0.14%
BlackBerry（BB）链上买盘把价格顶到真股之上
🔻 折价最深
-0.08%
GameStop（GME）链上比真股更便宜
💸 资金费最贵(年化)
+31%
MicroStrategy · 做多每小时倒贴空头
⚖️ 跨场价差最大
+0.89%
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
SP500指数标普500 $7,673.8 $7,672.4 -0.020% — — +5.5% 多付 0.001% -0.57% $365.6M $349.8M
XYZ100指数纳斯达克100 $30,206 $30,211 +0.018% — — +5.5% 多付 0.003% -0.85% $277.1M $200.1M
NVDANVIDIA $228.64 $228.63 -0.011% -0.44% +0.43% +5.5% 多付 0.004% +1.79% $115.2M $143.7M
METAMeta $716.69 $716.69 +0.005% -0.06% +0.06% +5.5% 多付 0.010% -2.77% $110.2M $79.2M
SPCXSpaceX(trade.xyz) $145.7 $145.7 -0.013% — — +5.5% 多付 0.011% -2.31% $109.9M $118.1M
SOXLSOXL $140.19 $140.17 -0.029% — — +5.5% 多付 0.029% -4.33% $91.9M $20.9M
SNDKSanDisk $1,700.3 $1,700.5 +0.015% — — +5.5% 多付 0.006% -2.48% $80.1M $115.7M
INTCIntel $114.51 $114.53 +0.010% -0.78% +0.79% +5.5% 多付 0.014% -5.35% $74.8M $101.3M
MUMicron $1,049.5 $1,049.7 +0.021% — — +8.0% 多付 0.022% -2.20% $66.5M $159.0M
SKHYSKHY $183.28 $183.23 -0.023% — — -3.0% 空付 0.025% -1.29% $58.8M $189.3M
CRCLCircle $85.053 $85.053 -0.038% -0.43% +0.39% +10.3% 多付 0.005% -2.68% $38.0M $113.2M
AMDAMD $606.47 $606.71 +0.053% — — +5.5% 多付 0.034% -2.76% $32.9M $15.9M
TSLATesla $357.45 $357.56 +0.035% -0.20% +0.24% +9.3% 多付 0.010% -3.48% $24.7M $49.8M
CXMTCXMT $8.12 $8.14 +0.208% — — +111.6% 多付 0.076% -1.72% $23.5M $34.6M
AAPLApple $338.17 $338.06 -0.032% 0.00% -0.03% -2.3% 空付 0.006% -0.71% $21.2M $35.9M
GOOGLAlphabet $342.31 $342.37 +0.020% +0.13% -0.11% +5.5% 多付 0.012% +0.05% $17.4M $109.4M
MSTRMicroStrategy $155.33 $155.42 +0.045% -0.84% +0.89% +30.6% 多付 0.025% -1.99% $15.1M $51.5M
KORUKORU $20.55 $20.55 -0.016% — — +5.5% 多付 0.075% -1.48% $14.1M $2.9M
NBISNebius $229.79 $229.81 +0.043% — — +5.5% 多付 0.045% -2.34% $13.5M $30.7M
MSFTMicrosoft $508.9 $508.71 -0.032% -0.14% +0.11% -2.0% 空付 0.013% -1.69% $12.8M $23.0M
HOODRobinhood $115.43 $115.46 +0.019% -0.78% +0.80% +11.5% 多付 0.030% -2.21% $12.1M $34.7M
RKLBRocket Lab $71.845 $71.845 -0.002% — — +8.5% 多付 0.038% -2.40% $11.5M $17.4M
BBBlackBerry $8.695 $8.704 +0.144% — — +5.5% 多付 — 0.108% +7.47% $11.3M $13.7M
ORCLOracle $132.86 $132.86 +0.013% — — +5.5% 多付 — 0.031% -2.37% $11.3M $28.5M
UNITREEUNITREE $67.481 $67.613 +0.188% — — +102.5% 多付 — 0.060% -2.76% $9.8M $19.5M
AMZNAmazon $246.17 $246.27 +0.041% +0.14% -0.10% +5.5% 多付 — 0.008% -1.14% $9.7M $27.8M
COINCoinbase $191.68 $191.68 -0.035% -0.29% +0.25% +5.5% 多付 — 0.035% -0.99% $9.0M $12.0M
MRVLMarvell $250.4 $250.4 -0.006% — — +5.5% 多付 — 0.032% -3.00% $8.8M $11.6M
CBRSCoreCard $197.51 $197.48 -0.042% — — -6.0% 空付 — 0.074% -3.97% $7.7M $40.4M
PURRDATPURRDAT $12.018 $11.987 -0.131% — — -91.0% 空付 — 0.275% -6.05% $5.9M $16.2M
PLTRPalantir $186.91 $186.91 +0.003% -0.61% +0.61% -0.5% 空付 — 0.035% -0.92% $5.1M $12.3M
LITELumentum $912.5 $912.5 -0.041% — — +5.5% 多付 — 0.039% -2.12% $5.0M $10.1M
CRWVCoreWeave $84.423 $84.373 -0.064% — — -16.6% 空付 — 0.077% -2.58% $4.7M $7.3M
LLYEli Lilly $1,185.3 $1,186 +0.082% — — +22.5% 多付 — 0.087% +0.07% $4.5M $11.0M
MRNAMRNA $196.33 $196.4 +0.033% — — +5.5% 多付 — 0.046% +0.58% $4.5M $2.3M
BEBE $262.45 $262.52 +0.019% — — +21.6% 多付 — 0.072% -7.55% $4.4M $6.3M
GMEGameStop $23.917 $23.905 -0.075% -0.62% +0.54% +0.4% 多付 — 0.056% +2.55% $4.1M $2.8M
ARMArm $281.93 $282.02 +0.012% — — +20.7% 多付 — 0.051% -7.35% $3.8M $5.8M
TSMTSMC $449.35 $449.43 +0.029% — — +5.5% 多付 — 0.046% +0.62% $2.9M $8.8M
ZHIPUZHIPU $78.205 $78.322 +0.153% — — +81.6% 多付 — 0.079% +1.56% $2.6M $22.1M
MINIMAXMINIMAX $31.39 $31.39 -0.021% — — +6.4% 多付 — 0.100% -1.42% $2.4M $4.3M
AVGOBroadcom $349.07 $349.34 +0.064% — — +21.1% 多付 — 0.050% -0.40% $2.1M $14.1M
DELLDell $541.12 $541.12 +0.012% — — +5.5% 多付 — 0.068% -3.05% $2.1M $6.2M
STRCSTRC $99.127 $99.129 -0.020% — — +5.5% 多付 — 0.088% +0.40% $2.0M $11.1M
IRENIREN $41.64 $41.64 -0.026% — — +5.5% 多付 — 0.104% -4.82% $1.9M $3.6M
BABAAlibaba $108.13 $108.17 +0.060% — — +5.5% 多付 — 0.060% -1.70% $1.8M $12.2M
WDCWestern Digital $451.45 $451.54 +0.028% — — +15.7% 多付 — 0.097% +0.21% $1.7M $1.9M
AAOIAAOI $95.55 $95.63 +0.055% — — +31.4% 多付 — 0.147% -4.22% $1.7M $1.9M
NFLXNetflix $69.27 $69.328 +0.078% — — +26.6% 多付 — 0.049% -2.45% $1.7M $6.0M
QCOMQCOM $187.05 $187.09 +0.035% — — +5.5% 多付 — 0.098% -6.28% $1.5M $5.8M
USARUSA Rare Earth $14.435 $14.443 +0.164% — — +27.7% 多付 — 0.117% -4.29% $1.3M $4.3M
HIMSHims $28.618 $28.627 -0.001% — — +5.5% 多付 — 0.142% -2.14% $1.2M $3.0M
BMNRBMNR $26.72 $26.72 -0.042% — — +5.5% 多付 — 0.149% -1.19% $1.1M $2.7M
AMATAMAT $482.53 $482.53 +0.038% — — -1.7% 空付 — 0.085% +1.33% $1.1M $1.9M
QNTQuantinuum $49.325 $49.292 -0.121% — — -50.5% 空付 — 0.352% +0.54% $1.0M $1.5M
NOKNOK $10.06 $10.064 +0.034% — — +5.5% 多付 — 0.086% -1.85% $994K $1.7M
SMHVanEck Semiconductor ETF $597.9 $598.51 +0.061% — — +23.0% 多付 — 0.167% -0.44% $948K $3.2M
GIGADEVGIGADEV $53.358 $53.263 -0.168% — — -45.1% 空付 — 0.383% -2.94% $841K $699K
SHEINSHEIN $4.135 $4.136 +0.051% — — +10.0% 多付 — 0.720% -8.15% $773K $617K
URNMURNM $48.058 $48.05 -0.006% — — +5.5% 多付 — 0.363% -2.60% $676K $1.6M
COSTCostco $922.34 $922.19 -0.031% — — +3.1% 多付 — 0.076% -0.09% $602K $690K
CRWDCrowdStrike $258.9 $258.81 +0.002% — — +5.5% 多付 — 0.128% +2.06% $577K $1.2M
NETNET $352.51 $352.15 +0.020% — — -25.2% 空付 — 0.617% +1.84% $549K $599K
NOWServiceNow $131.19 $131.19 +0.068% — — +26.8% 多付 — 0.160% -3.73% $524K $1.7M
ASMLASML $1,762.1 $1,762.1 +0.013% — — +5.5% 多付 — 0.099% +2.10% $520K $2.4M
IBMIBM $220.56 $220.58 +0.003% — — +5.5% 多付 — 0.082% -2.19% $355K $1.7M
ZMZoom $87.397 $87.428 +0.199% — — +56.2% 多付 — 0.499% -2.39% $343K $439K
BOTBOT $27.103 $27.102 -0.106% — — -26.9% 空付 — 0.476% -7.51% $330K $2.7M
NCLDNCLD $23.41 $23.523 +0.279% — — +289.9% 多付 — 3.758% -2.83% $315K $516K
DKNGDraftKings $21.157 $21.141 -0.078% — — -24.3% 空付 — 0.330% -3.84% $308K $923K
SNXXSNXX $16.063 $16.035 -0.260% — — -77.3% 空付 — 0.270% -4.39% $298K $176K
TLTTLT $78.625 $78.674 +0.049% — — +20.2% 多付 — 0.160% -0.43% $264K $999K
BXBlackstone $114.69 $114.67 -0.009% — — +5.3% 多付 — 0.363% -2.41% $251K $592K
EBAYeBay $107.55 $107.55 +0.004% — — +24.4% 多付 — 0.449% -0.69% $240K $218K
OURAOURA $46.929 $46.632 -0.455% — — -3.2% 空付 — 0.884% -6.56% $239K $553K
XLEEnergy Select Sector SPDR Fund $62.088 $62.128 +0.038% — — +6.6% 多付 — 0.162% -0.37% $228K $1.6M
MAGSMAGS $71.483 $71.483 -0.051% — — -42.0% 空付 — 0.474% -1.40% $168K $808K
RIVNRivian $14.81 $14.805 -0.025% — — +5.5% 多付 — 0.231% -3.76% $162K $547K
SHAZSHAZ $52.804 $52.804 -0.246% — — -27.4% 空付 — 0.649% -2.16% $142K $576K
RDDTRDDT $143.9 $143.9 +0.049% — — +5.5% 多付 — 0.298% -4.00% $124K $247K
XBIXBI $156.68 $156.68 -0.050% — — -9.4% 空付 — 0.432% +1.13% $108K $70K
LYTELYTE $23.9 $23.869 -0.079% — — -2.2% 空付 — 0.431% -3.39% $90K $440K
BIRDBIRD $2.33 $2.328 -0.171% — — -77.2% 空付 — 1.125% -0.03% $89K $74K
GEVGEV $945.03 $943.78 -0.027% — — +5.5% 多付 — 0.339% -0.39% $82K $424K
CVXChevron $206.59 $206.28 -0.178% — — -94.8% 空付 — 1.346% -0.25% $56K $74K
KSTRKSTR $22.828 $22.743 -0.552% — — -193.8% 空付 — 0.792% -1.54% $30K $48K
IBIDENIBIDEN $68.997 $68.997 0.000% — — 0.0% — — -0.05% $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
CAMBRICONCAMBRICON $151.5 $151.5 0.000% — — 0.0% — — 0.00% $0 $0