链上美股盘口
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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 13 小时 3 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
$1.81B
未平仓 OI
$2.38B
全市场加权溢价
0.00%
平均资金费(年化)
+14.9%
更新于
1 分钟前
🔺 永续溢价最高
+0.11%
MicroStrategy（MSTR）链上买盘把价格顶到真股之上
🔻 折价最深
-0.12%
CoreWeave（CRWV）链上比真股更便宜
💸 资金费最贵(年化)
+79%
BlackBerry · 做多每小时倒贴空头
⚖️ 跨场价差最大
+0.50%
Robinhood · 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 $7,679 $7,677.9 -0.019% — — +5.5% 多付 0.001% -0.61% $372.6M $348.0M
XYZ100指数纳斯达克100 $30,245 $30,250 +0.015% — — +5.5% 多付 0.004% -1.11% $273.4M $200.1M
METAMeta $716.85 $716.85 +0.001% -0.40% +0.40% +5.5% 多付 0.002% -3.73% $129.6M $79.3M
NVDANVIDIA $228.8 $228.78 -0.014% -0.25% +0.24% +5.5% 多付 0.008% +1.48% $115.5M $143.8M
SPCXSpaceX(trade.xyz) $145.94 $146.03 +0.068% — — +12.5% 多付 0.013% -2.56% $110.8M $119.2M
SOXLSOXL $141.75 $141.73 -0.051% — — +5.5% 多付 0.043% -6.98% $96.2M $21.3M
SNDKSanDisk $1,710.9 $1,711.1 +0.015% — — +5.5% 多付 0.006% -3.40% $85.0M $118.8M
INTCIntel $115.85 $115.87 +0.021% -0.17% +0.19% +5.5% 多付 0.010% -6.52% $74.6M $103.8M
MUMicron $1,055.2 $1,055.5 +0.024% — — +14.3% 多付 0.023% -2.84% $69.8M $159.6M
SKHYSKHY $183.37 $183.29 -0.064% — — +10.4% 多付 0.007% -3.47% $64.9M $190.5M
CRCLCircle $85.57 $85.57 +0.036% +0.16% -0.12% +5.5% 多付 0.005% -3.34% $39.8M $114.3M
AMDAMD $608.99 $609.19 +0.031% — — +8.3% 多付 0.034% -4.16% $35.3M $15.9M
CXMTCXMT $8.152 $8.144 -0.194% — — +5.5% 多付 0.071% -5.40% $32.0M $35.0M
TSLATesla $357.76 $357.98 +0.057% -0.06% +0.12% +8.9% 多付 0.009% -4.02% $24.6M $49.4M
AAPLApple $338.1 $338.1 -0.001% -0.16% +0.16% +5.5% 多付 0.011% -0.56% $21.9M $36.1M
GOOGLAlphabet $342.44 $342.48 +0.009% +0.22% -0.21% +5.5% 多付 0.012% -0.30% $19.0M $109.6M
KORUKORU $20.593 $20.591 +0.003% — — +51.5% 多付 0.073% -5.32% $16.0M $3.0M
MSTRMicroStrategy $157.03 $157.14 +0.108% -0.14% +0.25% +19.1% 多付 0.023% -2.72% $15.2M $51.7M
BBBlackBerry $8.706 $8.715 +0.100% — — +79.2% 多付 0.047% +6.57% $15.0M $13.8M
MSFTMicrosoft $508.79 $508.73 -0.014% -0.06% +0.05% +5.4% 多付 0.020% -1.30% $14.2M $23.0M
NBISNebius $231.43 $231.53 +0.048% — — +5.5% 多付 0.046% -3.28% $13.7M $31.0M
HOODRobinhood $115.86 $115.92 +0.078% -0.42% +0.50% +5.5% 多付 0.022% -2.99% $13.0M $35.4M
RKLBRocket Lab $71.86 $71.9 +0.073% — — +20.6% 多付 — 0.073% -3.65% $11.8M $17.4M
ORCLOracle $132.69 $132.7 +0.045% — — +9.9% 多付 — 0.044% -3.40% $11.7M $28.4M
UNITREEUNITREE $68.522 $68.316 -0.307% — — -60.0% 空付 — 0.076% -6.94% $10.7M $20.0M
AMZNAmazon $246.24 $246.28 +0.018% -0.36% +0.38% +5.5% 多付 — 0.012% -1.25% $10.0M $27.8M
MRVLMarvell $251.5 $251.51 +0.039% — — +5.5% 多付 — 0.035% -4.67% $9.6M $11.7M
COINCoinbase $192.57 $192.61 +0.030% -0.24% +0.27% +5.5% 多付 — 0.034% -2.13% $9.3M $12.1M
CBRSCoreCard $198.3 $198.3 +0.010% — — -6.4% 空付 — 0.078% -5.04% $7.9M $40.6M
PURRDATPURRDAT $12.075 $12.047 -0.208% — — +5.5% 多付 — 0.420% -6.54% $6.0M $16.4M
PLTRPalantir $187.43 $187.43 +0.017% +0.02% 0.00% -4.4% 空付 — 0.029% -1.15% $5.7M $12.4M
LITELumentum $912.83 $913.28 +0.067% — — +9.9% 多付 — 0.040% -3.38% $5.1M $10.2M
CRWVCoreWeave $84.75 $84.688 -0.123% — — -15.8% 空付 — 0.050% -3.56% $4.6M $7.3M
MRNAMRNA $195.44 $195.44 +0.036% — — -12.3% 空付 — 0.051% -0.76% $4.6M $2.2M
LLYEli Lilly $1,187.1 $1,187.1 +0.013% — — +5.5% 多付 — 0.071% +0.29% $4.5M $11.1M
BEBE $264.42 $264.6 +0.104% — — +17.3% 多付 — 0.130% -8.67% $4.3M $6.3M
GMEGameStop $23.946 $23.947 -0.007% -0.15% +0.14% +5.5% 多付 — 0.053% +2.14% $4.2M $2.9M
ARMArm $284.27 $284.44 +0.095% — — +21.8% 多付 — 0.063% -9.30% $3.9M $5.9M
ZHIPUZHIPU $78.873 $78.778 -0.162% — — +5.5% 多付 — 0.079% -3.09% $3.2M $22.2M
TSMTSMC $452.39 $452.39 -0.003% — — +5.5% 多付 — 0.047% +0.32% $2.9M $8.8M
MINIMAXMINIMAX $31.783 $31.796 +0.014% — — +86.6% 多付 — 0.082% -10.32% $2.8M $4.4M
AVGOBroadcom $349.45 $349.58 +0.061% — — +25.0% 多付 — 0.043% -1.23% $2.3M $14.1M
DELLDell $541.86 $542.05 +0.044% — — +5.5% 多付 — 0.025% -3.95% $2.2M $6.2M
WDCWestern Digital $452.17 $452.17 -0.035% — — +19.8% 多付 — 0.085% -1.17% $2.1M $2.0M
BABAAlibaba $108.84 $108.85 +0.031% — — +5.5% 多付 — 0.026% -1.19% $2.0M $12.3M
STRCSTRC $99.233 $99.155 -0.080% — — -62.3% 空付 — 0.144% +0.36% $1.9M $11.0M
IRENIREN $41.79 $41.815 +0.079% — — +7.5% 多付 — 0.119% -5.49% $1.9M $3.7M
AAOIAAOI $96.045 $96.068 +0.023% — — +26.8% 多付 — 0.112% -6.05% $1.9M $1.9M
NFLXNetflix $69.255 $69.264 +0.032% — — +27.4% 多付 — 0.046% -2.51% $1.8M $6.0M
QCOMQCOM $187.25 $187.32 +0.055% — — +9.0% 多付 — 0.100% -7.93% $1.6M $5.9M
USARUSA Rare Earth $14.51 $14.501 -0.030% — — +19.5% 多付 — 0.115% -4.71% $1.3M $4.3M
HIMSHims $28.733 $28.724 -0.118% — — +5.5% 多付 — 0.175% -2.31% $1.2M $3.0M
AMATAMAT $484.12 $484.21 +0.025% — — +5.5% 多付 — 0.071% -0.17% $1.1M $1.9M
QNTQuantinuum $49.472 $49.336 -0.238% — — -48.8% 空付 — 0.641% -0.38% $1.1M $1.5M
NOKNOK $10.1 $10.112 +0.090% — — +66.3% 多付 — 0.121% -2.65% $1.0M $1.7M
SMHVanEck Semiconductor ETF $599.83 $600.42 +0.061% — — +7.9% 多付 — 0.137% -1.40% $1.0M $3.2M
SHEINSHEIN $4.541 $4.541 +0.193% — — +84.4% 多付 — 1.043% -0.61% $841K $672K
GIGADEVGIGADEV $52.473 $52.469 +0.193% — — +102.8% 多付 — 0.966% -8.15% $817K $745K
URNMURNM $48.133 $48.076 -0.124% — — -45.1% 空付 — 0.413% -2.79% $689K $1.6M
COSTCostco $923.16 $922.17 -0.101% — — +3.5% 多付 — 0.136% +0.22% $647K $689K
BMNRBMNR $26.98 $27.017 +0.231% — — +81.2% 多付 — 0.159% -2.01% $598K $3.2M
CRWDCrowdStrike $259.03 $259.17 +0.065% — — +8.3% 多付 — 0.286% +2.21% $596K $1.2M
NETNET $353.26 $352.82 +0.112% — — -214.0% 空付 — 0.904% +1.16% $553K $599K
NOWServiceNow $131.01 $131.13 +0.081% — — +14.7% 多付 — 0.220% -3.45% $522K $1.7M
ASMLASML $1,766.9 $1,766.3 -0.032% — — +5.5% 多付 — 0.031% +1.02% $521K $2.4M
IBMIBM $220.5 $220.58 +0.023% — — +5.5% 多付 — 0.071% -2.18% $358K $1.7M
BOTBOT $27.098 $27.194 +0.202% — — +120.2% 多付 — 0.685% -6.92% $352K $2.7M
SNXXSNXX $16.25 $16.246 -0.161% — — +102.4% 多付 — 0.308% -4.78% $350K $177K
ZMZoom $87.428 $87.253 -0.140% — — -120.9% 空付 — 0.759% -2.86% $342K $438K
NCLDNCLD $23.61 $23.616 -0.201% — — -70.8% 空付 — 2.537% -4.50% $308K $518K
DKNGDraftKings $21.171 $21.185 +0.032% — — +5.5% 多付 — 0.262% -3.87% $299K $922K
TLTTLT $78.685 $78.676 -0.016% — — +31.6% 多付 — 0.166% -0.47% $270K $1.0M
BXBlackstone $114.79 $114.81 +0.067% — — +13.5% 多付 — 0.159% -2.59% $250K $591K
EBAYeBay $107.52 $107.66 +0.226% — — +102.8% 多付 — 0.737% -0.69% $240K $218K
XLEEnergy Select Sector SPDR Fund $62.19 $62.103 -0.112% — — +1.7% 多付 — 0.226% -0.27% $230K $1.6M
OURAOURA $47.438 $47.383 -0.065% — — +0.1% 多付 — 0.838% -4.95% $220K $536K
MAGSMAGS $71.45 $71.645 +0.052% — — +93.2% 多付 — 0.600% -1.34% $179K $807K
RIVNRivian $14.83 $14.837 +0.001% — — +5.0% 多付 — 0.213% -3.57% $142K $517K
RDDTRDDT $144.08 $144.08 +0.035% — — +5.5% 多付 — 0.630% -3.87% $126K $247K
SHAZSHAZ $53.008 $53.008 +0.066% — — +100.9% 多付 — 0.861% -3.60% $126K $581K
XBIXBI $156.76 $156.78 +0.009% — — -22.8% 空付 — 0.658% +1.15% $109K $70K
LYTELYTE $23.905 $23.905 -0.072% — — +5.5% 多付 — 0.598% -5.66% $100K $440K
BIRDBIRD $2.33 $2.334 +0.847% — — +260.4% 多付 — 3.916% +0.64% $91K $75K
GEVGEV $946.42 $947.97 +0.155% — — +69.6% 多付 — 0.588% -0.70% $86K $426K
CVXChevron $205.7 $205.7 +0.246% — — +10.2% 多付 — 1.208% -0.62% $56K $73K
KSTRKSTR $22.615 $22.615 +0.034% — — +5.5% 多付 — 0.491% -4.26% $26K $38K
IBIDENIBIDEN $69.862 $69.862 0.000% — — 0.0% — — -0.01% $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