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 55 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 37 小时 59 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
+0.09%
CoreWeave（CRWV）链上买盘把价格顶到真股之上
🔻 折价最深
-0.17%
Nebius（NBIS）链上比真股更便宜
💸 资金费最贵(年化)
-41%
Nebius · 做空每小时倒贴多头
⚖️ 跨场价差最大
-1.65%
Circle · 永续与现货定价分歧，潜在套利
OpenAI
市场隐含估值$1.20T
永续溢价+14.79%
资金费(年化)+54.2%
Anthropic
市场隐含估值$1.44T
永续溢价+13.67%
资金费(年化)+45.0%
SpaceX
市场隐含估值$2.10T
永续溢价0.00%
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 |
$29,668 |
$29,667 |
-0.005% |
— |
— |
+5.5% 多付 |
|
0.003% |
-0.09% |
$97.5M |
$394.3M |
| SP500指数标普500 |
$7,446 |
$7,448.4 |
+0.043% |
— |
— |
+5.5% 多付 |
|
0.024% |
+0.03% |
$69.1M |
$376.7M |
| SPCXSpaceX(trade.xyz) |
$165.23 |
$165.03 |
-0.123% |
— |
— |
-20.7% 空付 |
|
0.017% |
-1.52% |
$67.0M |
$214.3M |
| MUMicron |
$991.84 |
$991.41 |
-0.052% |
— |
— |
+5.5% 多付 |
|
0.041% |
+0.35% |
$19.7M |
$214.4M |
| SNDKSanDisk |
$1,998.5 |
$1,998.5 |
+0.004% |
— |
— |
+0.0% 多付 |
|
0.026% |
+0.23% |
$12.5M |
$55.2M |
| INTCIntel |
$126.8 |
$126.8 |
-0.000% |
— |
— |
+37.1% 多付 |
|
0.015% |
+1.38% |
$8.3M |
$43.3M |
| NVDANVIDIA |
$205.59 |
$205.62 |
+0.007% |
-0.14% |
+0.15% |
+5.5% 多付 |
|
0.026% |
+0.10% |
$6.6M |
$159.4M |
| TSLATesla |
$407.04 |
$407.07 |
-0.008% |
+0.18% |
-0.19% |
+5.5% 多付 |
|
0.055% |
+0.43% |
$5.6M |
$32.0M |
| MRVLMarvell |
$281.72 |
$281.67 |
-0.055% |
— |
— |
-6.6% 空付 |
|
0.032% |
+0.23% |
$5.4M |
$59.1M |
| AMDAMD |
$512.89 |
$512.88 |
-0.023% |
— |
— |
+5.5% 多付 |
|
0.077% |
-0.27% |
$3.8M |
$15.7M |
| GOOGLAlphabet |
$361.44 |
$361.48 |
-0.006% |
-0.01% |
0.00% |
+5.5% 多付 |
|
0.046% |
+0.15% |
$3.1M |
$63.1M |
| CRWVCoreWeave |
$100.91 |
$100.98 |
+0.087% |
— |
— |
+32.7% 多付 |
|
0.133% |
-0.98% |
$2.7M |
$10.0M |
| NBISNebius |
$229.53 |
$229.47 |
-0.166% |
— |
— |
-40.7% 空付 |
|
0.522% |
-2.71% |
$2.7M |
$5.3M |
| ORCLOracle |
$184.77 |
$184.83 |
+0.041% |
— |
— |
+39.5% 多付 |
|
0.070% |
+0.47% |
$2.3M |
$15.1M |
| CRCLCircle |
$79.664 |
$79.664 |
+0.001% |
+1.65% |
-1.65% |
+16.8% 多付 |
|
0.049% |
+1.71% |
$2.3M |
$31.7M |
| AMZNAmazon |
$238.64 |
$238.64 |
-0.019% |
-0.09% |
+0.07% |
+1.3% 多付 |
|
0.047% |
-0.05% |
$2.2M |
$18.4M |
| MSTRMicroStrategy |
$127.31 |
$127.24 |
-0.097% |
+2.30% |
-2.40% |
+5.5% 多付 |
|
0.069% |
+2.63% |
$1.8M |
$24.4M |
| HOODRobinhood |
$93.7 |
$93.747 |
+0.051% |
-0.73% |
+0.78% |
+30.7% 多付 |
|
0.075% |
+0.70% |
$1.5M |
$12.4M |
| MSFTMicrosoft |
$390.78 |
$391.07 |
+0.069% |
+0.04% |
+0.03% |
+36.8% 多付 |
|
0.080% |
+0.09% |
$1.4M |
$40.5M |
| RKLBRocket Lab |
$104.62 |
$104.45 |
-0.218% |
— |
— |
-80.1% 空付 |
|
0.137% |
+0.34% |
$1.4M |
$7.4M |
| METAMeta |
$570.29 |
$570.62 |
+0.036% |
— |
— |
+11.7% 多付 |
|
0.055% |
+0.32% |
$1.3M |
$17.0M |
| PLTRPalantir |
$128.8 |
$128.82 |
+0.028% |
— |
— |
+5.5% 多付 |
|
0.085% |
+0.47% |
$1.1M |
$12.7M |
| AAPLApple |
$290.74 |
$290.71 |
-0.019% |
-0.51% |
+0.49% |
+5.5% 多付 |
— |
0.051% |
-0.21% |
$1.1M |
$12.1M |
| PURRDATPURRDAT |
$8.885 |
$8.907 |
+0.344% |
— |
— |
+141.2% 多付 |
— |
0.794% |
+2.77% |
$1.0M |
$6.0M |
| COINCoinbase |
$162.55 |
$162.6 |
+0.014% |
+0.11% |
-0.10% |
+16.6% 多付 |
— |
0.086% |
+1.85% |
$931K |
$5.6M |
| CBRSCoreCard |
$217.86 |
$217.99 |
+0.082% |
— |
— |
+5.5% 多付 |
— |
0.090% |
+0.92% |
$849K |
$33.3M |
| BABAAlibaba |
$115.94 |
$115.93 |
-0.066% |
— |
— |
+24.8% 多付 |
— |
0.208% |
+2.35% |
$837K |
$4.0M |
| ARMArm |
$382.39 |
$382.39 |
-0.082% |
— |
— |
-28.2% 空付 |
— |
0.212% |
-0.53% |
$817K |
$4.7M |
| TSMTSMC |
$424.56 |
$424.74 |
+0.034% |
— |
— |
+23.6% 多付 |
— |
0.157% |
-0.16% |
$781K |
$8.3M |
| LITELumentum |
$931.39 |
$931.39 |
-0.013% |
— |
— |
+5.5% 多付 |
— |
0.081% |
+1.35% |
$661K |
$9.1M |
| USARUSA Rare Earth |
$21.961 |
$21.982 |
+0.074% |
— |
— |
+50.2% 多付 |
— |
0.382% |
+0.26% |
$613K |
$1.3M |
| AVGOBroadcom |
$381.82 |
$382.24 |
+0.034% |
— |
— |
+26.5% 多付 |
— |
0.220% |
+0.01% |
$518K |
$2.9M |
| NOWServiceNow |
$104.39 |
$104 |
-0.247% |
— |
— |
-64.4% 空付 |
— |
0.798% |
+0.97% |
$323K |
$923K |
| QNTQuantinuum |
$55.133 |
$55.133 |
+0.041% |
— |
— |
+105.6% 多付 |
— |
0.499% |
-0.53% |
$225K |
$1.3M |
| BBBlackBerry |
$9.357 |
$9.298 |
-0.731% |
— |
— |
-169.0% 空付 |
— |
0.363% |
+1.23% |
$171K |
$17.9M |
| NFLXNetflix |
$80.203 |
$80.257 |
+0.136% |
— |
— |
+61.6% 多付 |
— |
0.244% |
-0.13% |
$153K |
$2.5M |
| RIVNRivian |
$16.756 |
$16.753 |
-0.074% |
— |
— |
-40.8% 空付 |
— |
0.799% |
-0.21% |
$145K |
$952K |
| ASMLASML |
$1,861.8 |
$1,861.8 |
+0.135% |
— |
— |
+76.3% 多付 |
— |
0.803% |
-0.01% |
$136K |
$873K |
| LLYEli Lilly |
$1,139.8 |
$1,140 |
+0.007% |
— |
— |
+5.5% 多付 |
— |
0.428% |
+0.34% |
$133K |
$4.0M |
| XLEEnergy Select Sector SPDR Fund |
$58.011 |
$58.113 |
+0.204% |
— |
— |
+167.9% 多付 |
— |
1.197% |
+1.14% |
$109K |
$504K |
| ZMZoom |
$93.869 |
$93.364 |
-0.506% |
— |
— |
-265.5% 空付 |
— |
0.964% |
-0.66% |
$105K |
$639K |
| GMEGameStop |
$22.37 |
$22.4 |
-0.039% |
— |
— |
-11.8% 空付 |
— |
1.051% |
+2.96% |
$104K |
$2.0M |
| DELLDell |
$390.78 |
$390.29 |
-0.109% |
— |
— |
-77.4% 空付 |
— |
0.300% |
-1.92% |
$97K |
$1.5M |
| DKNGDraftKings |
$28.667 |
$28.667 |
+0.163% |
— |
— |
+68.6% 多付 |
— |
1.090% |
-1.15% |
$53K |
$188K |
| IBMIBM |
$272.93 |
$272.98 |
+0.104% |
— |
— |
+29.7% 多付 |
— |
0.417% |
-0.00% |
$42K |
$1.5M |
| HIMSHims |
$26.906 |
$26.81 |
-0.341% |
— |
— |
-92.5% 空付 |
— |
0.965% |
-0.59% |
$36K |
$2.5M |
| WDCWestern Digital |
$558.95 |
$558.95 |
+0.138% |
— |
— |
+87.1% 多付 |
— |
0.937% |
-1.29% |
$31K |
$55K |
| BXBlackstone |
$124.78 |
$124.76 |
-0.009% |
— |
— |
-22.4% 空付 |
— |
0.966% |
+1.27% |
$30K |
$157K |
| URNMURNM |
$54.385 |
$54.486 |
+0.138% |
— |
— |
+52.4% 多付 |
— |
0.942% |
+0.23% |
$25K |
$829K |
| EBAYeBay |
$108.19 |
$108.08 |
-0.128% |
— |
— |
-59.2% 空付 |
— |
1.053% |
-0.31% |
$12K |
$71K |
| BIRDBIRD |
$3.8 |
$3.8 |
-0.078% |
— |
— |
-25.6% 空付 |
— |
1.731% |
+1.87% |
$7K |
$150K |
| COSTCostco |
$981.53 |
$981.53 |
+0.106% |
— |
— |
+40.9% 多付 |
— |
1.292% |
+0.31% |
$4K |
$221K |
| MINIMAXMINIMAX |
$100 |
$100 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
| NOKNOK |
$13.3 |
$13.3 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
| SMHVanEck Semiconductor ETF |
$610 |
$610 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
链上美股盘口