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 10 小时 30 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
+0.12%
Intel（INTC）链上买盘把价格顶到真股之上
🔻 折价最深
-0.06%
Micron（MU）链上比真股更便宜
💸 资金费最贵(年化)
+39%
Nebius · 做多每小时倒贴空头
⚖️ 跨场价差最大
+1.80%
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 |
| XYZ100指数纳斯达克100 |
$29,777 |
$29,773 |
-0.015% |
— |
— |
+5.5% 多付 |
|
0.003% |
+0.00% |
$142.7M |
$202.1M |
| SP500指数标普500 |
$7,759.7 |
$7,757.7 |
-0.027% |
— |
— |
+2.3% 多付 |
|
0.004% |
-0.12% |
$129.4M |
$476.9M |
| SPCXSpaceX(trade.xyz) |
$134.32 |
$134.25 |
-0.062% |
— |
— |
-17.2% 空付 |
|
0.019% |
-1.69% |
$93.1M |
$260.2M |
| MUMicron |
$878.41 |
$877.82 |
-0.062% |
— |
— |
-32.3% 空付 |
|
0.013% |
-0.51% |
$65.3M |
$181.8M |
| SNDKSanDisk |
$1,219 |
$1,219.5 |
+0.061% |
— |
— |
+5.5% 多付 |
|
0.009% |
+0.02% |
$30.1M |
$130.9M |
| SKHYSKHY |
$138.83 |
$138.83 |
+0.026% |
— |
— |
+5.5% 多付 |
|
0.019% |
+0.35% |
$25.7M |
$99.4M |
| INTCIntel |
$102.29 |
$102.39 |
+0.117% |
— |
— |
+33.4% 多付 |
|
0.020% |
+0.18% |
$17.6M |
$49.5M |
| GOOGLAlphabet |
$355.86 |
$356.18 |
+0.086% |
-1.71% |
+1.80% |
+31.3% 多付 |
|
0.025% |
-0.06% |
$13.1M |
$129.1M |
| CXMTCXMT |
$7.483 |
$7.322 |
-2.352% |
— |
— |
-1247.7% 空付 |
|
0.201% |
+0.49% |
$10.7M |
$67.5M |
| MRVLMarvell |
$220.37 |
$220.52 |
+0.093% |
— |
— |
+12.9% 多付 |
|
0.029% |
-0.75% |
$8.9M |
$34.8M |
| NVDANVIDIA |
$224.69 |
$224.73 |
+0.014% |
+0.20% |
-0.19% |
+5.5% 多付 |
|
0.015% |
-0.08% |
$7.0M |
$168.3M |
| MSTRMicroStrategy |
$100.93 |
$100.98 |
+0.040% |
+0.82% |
-0.78% |
+12.9% 多付 |
|
0.031% |
-0.34% |
$6.9M |
$22.9M |
| TSLATesla |
$331.11 |
$331.27 |
+0.049% |
+0.70% |
-0.65% |
+10.0% 多付 |
|
0.015% |
-0.24% |
$6.7M |
$37.3M |
| PLTRPalantir |
$172.1 |
$172.06 |
-0.020% |
-0.53% |
+0.51% |
+5.5% 多付 |
|
0.006% |
-0.05% |
$5.6M |
$36.5M |
| AAPLApple |
$313.07 |
$312.96 |
-0.046% |
-0.24% |
+0.19% |
-4.6% 空付 |
|
0.024% |
+0.07% |
$5.0M |
$38.5M |
| LITELumentum |
$910.54 |
$911.27 |
+0.085% |
— |
— |
+13.8% 多付 |
|
0.039% |
+0.75% |
$4.6M |
$8.1M |
| CRCLCircle |
$67.555 |
$67.585 |
+0.071% |
+0.87% |
-0.80% |
+28.8% 多付 |
|
0.012% |
+0.24% |
$4.5M |
$42.1M |
| NBISNebius |
$189.75 |
$189.95 |
+0.111% |
— |
— |
+39.2% 多付 |
|
0.072% |
-0.99% |
$4.4M |
$32.0M |
| METAMeta |
$593.84 |
$594.01 |
+0.026% |
— |
— |
+5.5% 多付 |
|
0.031% |
-0.33% |
$4.4M |
$47.8M |
| MSFTMicrosoft |
$499.12 |
$499.11 |
-0.010% |
-0.28% |
+0.27% |
+5.5% 多付 |
|
0.023% |
-0.06% |
$4.1M |
$53.7M |
| SOXLSOXL |
$142.13 |
$141.98 |
-0.123% |
— |
— |
-34.1% 空付 |
|
0.137% |
-0.50% |
$3.6M |
$1.5M |
| AMZNAmazon |
$274.43 |
$274.44 |
+0.029% |
-0.33% |
+0.36% |
+5.5% 多付 |
|
0.027% |
-0.32% |
$3.2M |
$27.5M |
| MINIMAXMINIMAX |
$41.35 |
$41.504 |
+0.431% |
— |
— |
+293.3% 多付 |
— |
0.319% |
-3.37% |
$2.9M |
$11.4M |
| ZHIPUZHIPU |
$160.99 |
$161.09 |
+0.054% |
— |
— |
+54.4% 多付 |
— |
0.172% |
-1.38% |
$2.9M |
$5.1M |
| AMDAMD |
$483.4 |
$483.3 |
-0.013% |
— |
— |
-2.3% 空付 |
— |
0.041% |
-0.22% |
$2.8M |
$12.5M |
| COINCoinbase |
$154.65 |
$154.63 |
-0.019% |
-0.42% |
+0.40% |
+4.6% 多付 |
— |
0.058% |
+0.51% |
$2.1M |
$12.2M |
| UNITREEUNITREE |
$86.112 |
$86.395 |
+0.259% |
— |
— |
+1.3% 多付 |
— |
0.504% |
+0.99% |
$1.8M |
$7.8M |
| ORCLOracle |
$147.81 |
$147.74 |
-0.098% |
— |
— |
-37.2% 空付 |
— |
0.046% |
+0.46% |
$1.4M |
$33.2M |
| RKLBRocket Lab |
$84.98 |
$84.98 |
+0.011% |
— |
— |
+5.5% 多付 |
— |
0.068% |
+0.52% |
$1.3M |
$5.4M |
| BABAAlibaba |
$128.85 |
$128.86 |
+0.032% |
— |
— |
+8.7% 多付 |
— |
0.044% |
-0.60% |
$1.3M |
$9.5M |
| CBRSCoreCard |
$229.06 |
$228.9 |
-0.076% |
— |
— |
-29.3% 空付 |
— |
0.090% |
+0.57% |
$1.2M |
$51.4M |
| LYTELYTE |
$25.998 |
$25.938 |
-1.211% |
— |
— |
-480.9% 空付 |
— |
0.809% |
-6.35% |
$1.1M |
$2.3M |
| HOODRobinhood |
$93.81 |
$93.821 |
+0.017% |
+0.36% |
-0.34% |
+5.5% 多付 |
— |
0.055% |
-0.60% |
$1.1M |
$16.3M |
| CRWVCoreWeave |
$91.62 |
$91.674 |
+0.046% |
— |
— |
+5.5% 多付 |
— |
0.087% |
-0.14% |
$1.1M |
$4.9M |
| GIGADEVGIGADEV |
$59.122 |
$58.417 |
-1.371% |
— |
— |
-718.2% 空付 |
— |
1.425% |
-4.56% |
$1.0M |
$2.0M |
| AVGOBroadcom |
$428.23 |
$428.51 |
+0.070% |
-0.40% |
+0.47% |
+19.0% 多付 |
— |
0.106% |
-0.06% |
$930K |
$2.9M |
| IBMIBM |
$235.58 |
$235.47 |
-0.031% |
— |
— |
-3.9% 空付 |
— |
0.059% |
-0.77% |
$923K |
$10.0M |
| NFLXNetflix |
$74.27 |
$74.277 |
+0.016% |
— |
— |
+5.5% 多付 |
— |
0.030% |
+0.15% |
$562K |
$4.6M |
| AMATAMAT |
$541.58 |
$541.63 |
+0.046% |
— |
— |
+6.1% 多付 |
— |
0.208% |
+0.44% |
$471K |
$724K |
| KORUKORU |
$17 |
$17.005 |
+0.059% |
— |
— |
+13.1% 多付 |
— |
0.200% |
-1.31% |
$341K |
$236K |
| USARUSA Rare Earth |
$19.395 |
$19.417 |
+0.066% |
— |
— |
+18.5% 多付 |
— |
0.166% |
-2.74% |
$336K |
$1.4M |
| ASMLASML |
$1,751 |
$1,749.8 |
-0.082% |
— |
— |
-30.4% 空付 |
— |
0.157% |
+0.17% |
$332K |
$2.0M |
| NCLDNCLD |
$23.1 |
$22.936 |
-0.225% |
— |
— |
-106.9% 空付 |
— |
3.193% |
+0.37% |
$332K |
$34K |
| BEBE |
$220.44 |
$220.55 |
+0.042% |
— |
— |
+5.5% 多付 |
— |
0.093% |
+0.06% |
$317K |
$2.4M |
| LLYEli Lilly |
$1,184.6 |
$1,185.8 |
+0.100% |
— |
— |
+28.3% 多付 |
— |
0.084% |
+0.24% |
$299K |
$3.2M |
| XLEEnergy Select Sector SPDR Fund |
$57.795 |
$57.799 |
+0.062% |
— |
— |
+17.5% 多付 |
— |
0.202% |
+1.40% |
$298K |
$1.6M |
| ARMArm |
$284.15 |
$284.15 |
-0.017% |
— |
— |
+5.5% 多付 |
— |
0.122% |
+0.15% |
$287K |
$2.8M |
| TSMTSMC |
$420.52 |
$420.97 |
+0.099% |
— |
— |
+35.5% 多付 |
— |
0.037% |
-0.45% |
$286K |
$15.2M |
| WDCWestern Digital |
$435.5 |
$435.72 |
+0.056% |
— |
— |
+5.5% 多付 |
— |
0.146% |
-0.21% |
$214K |
$2.4M |
| QCOMQCOM |
$168.74 |
$168.74 |
-0.037% |
— |
— |
-4.3% 空付 |
— |
0.095% |
+0.62% |
$182K |
$3.7M |
| DELLDell |
$456.19 |
$456.19 |
-0.011% |
— |
— |
+5.5% 多付 |
— |
0.075% |
+0.90% |
$175K |
$3.4M |
| STRCSTRC |
$95.248 |
$95.266 |
+0.004% |
— |
— |
+5.5% 多付 |
— |
0.125% |
+0.47% |
$169K |
$11.7M |
| NOWServiceNow |
$125.63 |
$125.63 |
+0.030% |
— |
— |
+5.5% 多付 |
— |
0.157% |
-1.19% |
$142K |
$1.8M |
| DKNGDraftKings |
$24.17 |
$24.151 |
-0.163% |
— |
— |
-75.7% 空付 |
— |
0.473% |
-0.91% |
$132K |
$319K |
| BBBlackBerry |
$9.031 |
$9.026 |
-0.051% |
— |
— |
-11.5% 空付 |
— |
0.172% |
-0.71% |
$109K |
$11.5M |
| HIMSHims |
$31.558 |
$31.621 |
+0.100% |
— |
— |
+61.1% 多付 |
— |
0.400% |
-0.33% |
$106K |
$3.2M |
| BIRDBIRD |
$2.487 |
$2.488 |
+0.401% |
— |
— |
+202.2% 多付 |
— |
2.815% |
-2.45% |
$102K |
$66K |
| QNTQuantinuum |
$58.959 |
$59.06 |
+0.280% |
— |
— |
+114.9% 多付 |
— |
0.614% |
+1.21% |
$100K |
$1.4M |
| GMEGameStop |
$19.208 |
$19.208 |
-0.138% |
— |
— |
-59.3% 空付 |
— |
0.362% |
-0.01% |
$100K |
$1.3M |
| NOKNOK |
$9.47 |
$9.457 |
-0.180% |
— |
— |
-75.4% 空付 |
— |
0.219% |
+0.49% |
$70K |
$934K |
| BOTBOT |
$28.774 |
$28.774 |
-0.134% |
— |
— |
-60.1% 空付 |
— |
1.062% |
+0.44% |
$66K |
$3.8M |
| ZMZoom |
$105.08 |
$105.01 |
-0.356% |
— |
— |
-257.0% 空付 |
— |
0.728% |
+0.05% |
$51K |
$307K |
| PURRDATPURRDAT |
$6.752 |
$6.762 |
+0.256% |
— |
— |
+130.0% 多付 |
— |
0.932% |
-1.00% |
$44K |
$5.9M |
| BXBlackstone |
$136.61 |
$136.75 |
+0.216% |
— |
— |
+137.8% 多付 |
— |
0.241% |
+0.22% |
$43K |
$543K |
| SHAZSHAZ |
$49.736 |
$49.857 |
+0.189% |
— |
— |
+90.7% 多付 |
— |
0.839% |
-0.30% |
$38K |
$3.1M |
| URNMURNM |
$55.094 |
$55.083 |
-0.183% |
— |
— |
-83.5% 空付 |
— |
0.386% |
-1.24% |
$35K |
$1.1M |
| SMHVanEck Semiconductor ETF |
$585.42 |
$585.42 |
-0.115% |
— |
— |
-44.6% 空付 |
— |
0.259% |
-0.02% |
$34K |
$1.6M |
| EBAYeBay |
$110.94 |
$111.08 |
+0.163% |
— |
— |
+77.3% 多付 |
— |
0.539% |
-0.48% |
$16K |
$256K |
| COSTCostco |
$945.36 |
$946.19 |
+0.143% |
— |
— |
+63.7% 多付 |
— |
0.262% |
+0.03% |
$16K |
$293K |
| RIVNRivian |
$16.02 |
$16.038 |
+0.063% |
— |
— |
+18.0% 多付 |
— |
0.601% |
+0.14% |
$7K |
$647K |
| GEVGEV |
$995.33 |
$995.09 |
+0.099% |
— |
— |
+21.7% 多付 |
— |
1.185% |
+0.36% |
$6K |
$33K |
| IBIDENIBIDEN |
$128.05 |
$128.05 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
| KSTRKSTR |
$24.9 |
$24.9 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
链上美股盘口