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 93 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。

盘前交易距下次开盘 1 小时 0 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
93
永续 24h 成交额
$1.17B
未平仓 OI
$2.47B
全市场加权溢价
+0.06%
平均资金费(年化)
+12.0%
更新于
8 秒前
🔺 永续溢价最高
+0.23%
Arm（ARM）链上买盘把价格顶到真股之上
🔻 折价最深
-0.06%
Lumentum（LITE）链上比真股更便宜
💸 资金费最贵(年化)
-44%
BlackBerry · 做空每小时倒贴多头
⚖️ 跨场价差最大
-0.59%
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
XYZ100指数纳斯达克100 $30,344 $30,350 +0.025% — — +5.5% 多付 0.003% -0.14% $180.3M $216.9M
SP500指数标普500 $7,683.9 $7,685.6 +0.028% — — +5.5% 多付 0.008% -0.17% $169.8M $365.2M
NVDANVIDIA $227.88 $228.04 +0.072% +0.36% -0.29% +15.9% 多付 0.006% -1.09% $108.1M $164.5M
SNDKSanDisk $1,726.7 $1,727.8 +0.085% — — +10.1% 多付 0.009% -0.16% $79.4M $119.8M
METAMeta $731.26 $731.55 +0.050% +0.47% -0.42% +5.5% 多付 0.022% +1.05% $68.5M $74.0M
SPCXSpaceX(trade.xyz) $149.02 $149.06 +0.043% — — +5.5% 多付 0.020% +1.43% $54.8M $119.4M
CRCLCircle $84.105 $84.129 +0.147% +0.27% -0.12% +27.3% 多付 0.034% -3.76% $49.5M $145.0M
SKHYSKHY $185.58 $185.58 +0.122% — — -22.6% 空付 0.025% +0.59% $41.7M $190.9M
MUMicron $1,070.9 $1,071.6 +0.089% — — +19.6% 多付 0.009% +0.22% $41.0M $166.4M
SOXLSOXL $145.19 $145.19 +0.088% — — +5.5% 多付 0.017% -1.20% $28.9M $21.6M
INTCIntel $115.71 $115.77 +0.079% -0.26% +0.34% +8.7% 多付 0.041% -0.82% $26.6M $96.0M
HOODRobinhood $120.83 $120.88 +0.159% +0.75% -0.59% +10.4% 多付 0.043% +1.72% $26.2M $49.1M
AMDAMD $604.58 $604.76 +0.060% — — +5.5% 多付 0.056% -1.83% $22.6M $16.0M
GOOGLAlphabet $344.97 $345.11 +0.048% -0.13% +0.18% +6.3% 多付 0.021% +0.55% $22.5M $105.6M
CBRSCoreCard $184.09 $184.19 +0.073% — — +5.5% 多付 0.114% -8.05% $21.2M $39.5M
TSLATesla $350.57 $350.75 +0.081% +0.23% -0.15% +24.5% 多付 0.034% -2.31% $18.8M $54.3M
MSTRMicroStrategy $156.84 $156.84 +0.054% +0.14% -0.09% +5.5% 多付 0.057% -2.46% $17.9M $49.4M
AAPLApple $330.3 $330.39 +0.055% +0.08% -0.02% +5.5% 多付 0.013% -2.02% $17.3M $36.3M
MSFTMicrosoft $509.1 $509.1 +0.022% -0.30% +0.32% +5.5% 多付 0.021% +0.04% $16.4M $23.1M
ORCLOracle $135.39 $135.47 +0.062% — — +20.7% 多付 0.038% +2.00% $16.1M $26.4M
CXMTCXMT $8.39 $8.397 +0.109% — — +32.4% 多付 0.153% -0.35% $14.7M $33.0M
MRVLMarvell $262.39 $262.5 +0.108% — — +5.5% 多付 0.071% +2.85% $11.2M $11.9M
MRNAMRNA $186.58 $186.67 +0.103% — — +5.5% 多付 — 0.159% -4.52% $10.8M $2.4M
NBISNebius $242.2 $242.19 -0.028% — — +5.5% 多付 — 0.035% +3.28% $10.0M $29.4M
KORUKORU $20.485 $20.48 +0.049% — — +5.5% 多付 — 0.043% -2.99% $8.7M $2.6M
COINCoinbase $192.65 $192.65 +0.072% +0.04% +0.03% +11.5% 多付 — 0.114% -1.77% $8.5M $12.5M
AMZNAmazon $246.61 $246.73 +0.069% +0.28% -0.21% +12.6% 多付 — 0.037% -0.16% $7.1M $31.0M
BEBE $293.69 $293.85 +0.061% — — +5.5% 多付 — 0.089% +8.34% $7.0M $5.4M
CRWVCoreWeave $86.096 $86.077 -0.052% — — -4.5% 空付 — 0.083% +0.51% $5.4M $7.7M
STRCSTRC $98.88 $98.735 -0.077% — — -72.2% 空付 — 0.208% -0.60% $4.8M $11.8M
BBBlackBerry $8.69 $8.69 +0.007% — — -44.4% 空付 — 0.189% -1.52% $4.2M $14.0M
RKLBRocket Lab $70.8 $70.852 +0.074% — — +17.6% 多付 — 0.087% -3.09% $3.4M $17.7M
ZHIPUZHIPU $81.672 $81.672 +0.102% — — -24.4% 空付 — 0.102% +4.71% $3.3M $23.7M
LITELumentum $977.57 $977.57 -0.059% — — +5.5% 多付 — 0.044% +4.97% $3.3M $9.7M
PLTRPalantir $186.75 $186.75 +0.029% -0.30% +0.33% +5.5% 多付 — 0.037% -0.48% $2.8M $12.3M
UNITREEUNITREE $67.881 $67.926 +0.081% — — +13.6% 多付 — 0.122% -0.01% $2.8M $19.4M
ARMArm $290.66 $290.82 +0.230% — — +5.5% 多付 — 0.061% +0.72% $2.7M $6.2M
PURRDATPURRDAT $11.935 $11.954 +0.203% — — +93.8% 多付 — 0.439% -3.50% $2.7M $16.0M
TSMTSMC $454.44 $454.47 +0.056% — — +5.5% 多付 — 0.098% +0.19% $2.5M $8.9M
BABAAlibaba $108.6 $108.68 +0.088% — — +15.7% 多付 — 0.045% +0.02% $2.3M $12.2M
SMHVanEck Semiconductor ETF $604.55 $604.55 +0.040% — — -18.2% 空付 — 0.333% -0.23% $2.1M $1.7M
AVGOBroadcom $356.82 $356.86 +0.024% +1.78% -1.76% +5.5% 多付 — 0.067% +1.09% $1.9M $14.1M
IRENIREN $41.56 $41.56 -0.019% — — +36.3% 多付 — 0.179% -1.72% $1.5M $3.6M
AMATAMAT $510.41 $510.41 -0.022% — — +5.5% 多付 — 0.195% +2.80% $1.4M $1.8M
GMEGameStop $24.148 $24.149 -0.004% -0.37% +0.37% +5.5% 多付 — 0.089% +0.62% $1.3M $2.6M
LLYEli Lilly $1,185.6 $1,186.5 +0.095% — — +8.8% 多付 — 0.059% -0.24% $1.3M $11.1M
DELLDell $544.55 $544.55 +0.032% — — +5.5% 多付 — 0.031% -0.97% $1.2M $6.3M
WDCWestern Digital $452.85 $452.85 +0.045% — — +31.9% 多付 — 0.102% -1.30% $1.2M $2.0M
HIMSHims $28.505 $28.547 +0.191% — — -1.6% 空付 — 0.265% -1.82% $1.1M $3.1M
MINIMAXMINIMAX $31.987 $31.969 -0.088% — — -41.2% 空付 — 0.140% +3.79% $1.1M $4.1M
BMNRBMNR $26.92 $26.951 +0.230% — — +63.0% 多付 — 0.307% -2.82% $1.0M $2.6M
NFLXNetflix $69.836 $69.864 +0.084% — — +19.6% 多付 — 0.033% -0.34% $986K $6.1M
QCOMQCOM $183.5 $183.61 +0.097% — — +17.1% 多付 — 0.285% -2.82% $963K $6.5M
USARUSA Rare Earth $14.1 $14.1 -0.096% — — +5.5% 多付 — 0.145% -3.60% $804K $4.8M
OURAOURA $49.904 $49.741 -0.549% — — -1.9% 空付 — 1.450% +0.38% $717K $653K
SHEINSHEIN $4.001 $3.986 -0.468% — — +37.3% 多付 — 1.036% -3.09% $705K $553K
TLTTLT $78.43 $78.281 -0.164% — — -17.6% 空付 — 0.248% -0.76% $699K $1.2M
AAOIAAOI $100.28 $100.42 +0.161% — — +31.7% 多付 — 0.268% +2.81% $692K $1.6M
CRWDCrowdStrike $264.01 $263.98 -0.101% — — -29.0% 空付 — 0.181% +2.18% $652K $1.8M
DKNGDraftKings $19.6 $19.612 +0.112% — — +43.3% 多付 — 0.114% -7.69% $584K $837K
QNTQuantinuum $48.57 $48.657 +0.138% — — +136.7% 多付 — 0.371% -2.14% $541K $1.5M
NOKNOK $10.429 $10.433 +0.009% — — +10.7% 多付 — 0.103% +1.12% $491K $1.5M
ASMLASML $1,825 $1,825.2 -0.014% — — +5.5% 多付 — 0.075% +1.24% $471K $2.4M
GIGADEVGIGADEV $53.002 $52.988 +0.364% — — +183.8% 多付 — 2.637% -3.85% $441K $666K
XLEEnergy Select Sector SPDR Fund $61.865 $61.902 +0.054% — — +42.8% 多付 — 0.131% +0.70% $425K $1.5M
BXBlackstone $113.67 $113.63 -0.109% — — +5.5% 多付 — 0.196% -1.69% $302K $664K
IBMIBM $220.02 $220.1 +0.044% — — +5.5% 多付 — 0.078% -0.54% $300K $1.8M
RIVNRivian $14.985 $14.989 -0.003% — — +5.5% 多付 — 0.220% +0.63% $241K $520K
BOTBOT $26.681 $26.736 +0.238% — — +106.9% 多付 — 0.481% -1.70% $202K $2.8M
SHAZSHAZ $54.191 $53.932 -0.273% — — -37.1% 空付 — 1.459% -0.37% $183K $657K
SNXXSNXX $16.503 $16.503 +0.157% — — +5.5% 多付 — 0.476% +0.10% $162K $219K
NCLDNCLD $23.99 $23.984 -0.194% — — -423.8% 空付 — 2.631% +0.54% $139K $306K
GEVGEV $961.25 $961.25 -0.059% — — +5.5% 多付 — 0.354% -0.02% $133K $380K
COSTCostco $925.11 $925.11 -0.014% — — +2.6% 多付 — 0.105% +0.68% $132K $647K
RDDTRDDT $145.45 $145.58 +0.091% — — +100.2% 多付 — 0.396% +0.23% $122K $263K
NOWServiceNow $130.17 $130.19 +0.014% — — +21.3% 多付 — 0.187% -0.91% $117K $1.7M
URNMURNM $47.914 $47.965 +0.187% — — +82.6% 多付 — 0.444% -1.48% $113K $1.6M
ZMZoom $88.499 $88.416 -0.217% — — -105.6% 空付 — 0.670% +0.67% $103K $401K
NETNET $353.74 $353.79 +0.275% — — +12.5% 多付 — 0.548% -0.12% $88K $586K
MAGSMAGS $71.4 $71.385 -0.008% — — -61.0% 空付 — 0.352% -0.64% $87K $754K
LYTELYTE $24.402 $24.441 +0.365% — — +68.9% 多付 — 0.665% +0.72% $86K $436K
EBAYeBay $105.23 $105.29 +0.055% — — +5.5% 多付 — 0.433% -2.30% $84K $239K
XBIXBI $157.44 $157.44 -0.119% — — -32.7% 空付 — 0.943% +0.15% $36K $115K
CVXChevron $205.4 $205.4 +0.684% — — +404.2% 多付 — 2.068% +0.64% $31K $36K
BIRDBIRD $2.34 $2.334 +0.075% — — -64.4% 空付 — 3.201% -1.03% $28K $80K
KSTRKSTR $22.451 $22.427 +0.035% — — +57.8% 多付 — 0.837% -2.30% $23K $55K
IBIDENIBIDEN $70.816 $70.816 0.000% — — 0.0% — — 0.00% $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
TWSTTWST $182.5 $182.5 0.000% — — 0.0% — — 0.00% $0 $0