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 44 小时 5 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
+0.17%
MicroStrategy（MSTR）链上买盘把价格顶到真股之上
🔻 折价最深
-0.05%
Micron（MU）链上比真股更便宜
💸 资金费最贵(年化)
+43%
SanDisk · 做多每小时倒贴空头
⚖️ 跨场价差最大
-1.09%
MicroStrategy · 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 |
| SPCXSpaceX(trade.xyz) |
$133.74 |
$133.79 |
+0.039% |
— |
— |
+6.6% 多付 |
|
0.011% |
+4.23% |
$194.7M |
$255.8M |
| SP500指数标普500 |
$7,750 |
$7,750.9 |
+0.012% |
— |
— |
+5.5% 多付 |
|
0.013% |
+0.15% |
$102.4M |
$465.3M |
| XYZ100指数纳斯达克100 |
$29,703 |
$29,709 |
+0.019% |
— |
— |
+5.5% 多付 |
|
0.004% |
+0.22% |
$69.0M |
$187.4M |
| MUMicron |
$883.12 |
$882.77 |
-0.051% |
— |
— |
-7.7% 空付 |
|
0.014% |
+1.13% |
$44.7M |
$193.6M |
| PLTRPalantir |
$171.45 |
$171.48 |
+0.039% |
+0.84% |
-0.80% |
+5.5% 多付 |
|
0.052% |
+0.23% |
$40.9M |
$40.6M |
| SNDKSanDisk |
$1,218.4 |
$1,218.8 |
+0.040% |
— |
— |
+42.8% 多付 |
|
0.014% |
-1.16% |
$33.8M |
$128.9M |
| SKHYSKHY |
$139.44 |
$139.44 |
-0.009% |
— |
— |
+13.0% 多付 |
|
0.022% |
+2.09% |
$14.4M |
$102.3M |
| NVDANVIDIA |
$224.16 |
$224.31 |
+0.069% |
+0.10% |
-0.03% |
+24.5% 多付 |
|
0.016% |
+1.09% |
$8.9M |
$167.5M |
| GOOGLAlphabet |
$355.77 |
$355.77 |
-0.012% |
-0.08% |
+0.07% |
+5.5% 多付 |
|
0.026% |
+0.23% |
$7.6M |
$125.8M |
| INTCIntel |
$101.9 |
$101.97 |
+0.062% |
— |
— |
+5.8% 多付 |
|
0.026% |
+1.00% |
$6.0M |
$54.8M |
| CRCLCircle |
$67.378 |
$67.378 |
+0.025% |
+0.51% |
-0.48% |
+5.5% 多付 |
|
0.050% |
+1.43% |
$5.9M |
$43.2M |
| AAPLApple |
$311.82 |
$311.96 |
+0.056% |
-0.76% |
+0.82% |
+5.5% 多付 |
|
0.042% |
-0.21% |
$5.2M |
$39.0M |
| TSLATesla |
$330.72 |
$331.01 |
+0.099% |
+0.37% |
-0.27% |
+12.9% 多付 |
|
0.019% |
+1.20% |
$4.9M |
$36.3M |
| NBISNebius |
$190.13 |
$190.13 |
-0.006% |
— |
— |
+5.5% 多付 |
|
0.050% |
+2.31% |
$4.8M |
$31.7M |
| MSFTMicrosoft |
$499.14 |
$499.09 |
-0.006% |
-0.60% |
+0.59% |
+5.5% 多付 |
|
0.017% |
-0.12% |
$4.6M |
$53.0M |
| CXMTCXMT |
$7.235 |
$7.257 |
+0.341% |
— |
— |
+224.6% 多付 |
|
0.230% |
+1.03% |
$3.9M |
$66.2M |
| ORCLOracle |
$146.91 |
$146.95 |
+0.037% |
— |
— |
+9.4% 多付 |
|
0.054% |
+1.55% |
$3.7M |
$33.1M |
| METAMeta |
$593.23 |
$593.3 |
+0.015% |
— |
— |
+5.5% 多付 |
|
0.041% |
+0.27% |
$3.6M |
$46.0M |
| CBRSCoreCard |
$228.5 |
$228.63 |
+0.066% |
— |
— |
+5.5% 多付 |
|
0.158% |
+1.48% |
$3.4M |
$51.3M |
| MSTRMicroStrategy |
$101.65 |
$101.81 |
+0.166% |
+1.26% |
-1.09% |
+33.9% 多付 |
|
0.037% |
+4.09% |
$3.3M |
$22.2M |
| MRVLMarvell |
$219.76 |
$219.87 |
+0.044% |
— |
— |
+33.1% 多付 |
|
0.030% |
+1.41% |
$3.2M |
$30.0M |
| IBMIBM |
$237.25 |
$237.14 |
-0.081% |
— |
— |
-32.7% 空付 |
|
0.147% |
+0.51% |
$3.0M |
$9.8M |
| AMDAMD |
$481.46 |
$481.21 |
-0.048% |
— |
— |
-20.9% 空付 |
— |
0.042% |
-0.01% |
$2.6M |
$12.6M |
| STRCSTRC |
$94.864 |
$94.873 |
+0.010% |
— |
— |
+5.5% 多付 |
— |
0.131% |
-0.08% |
$2.5M |
$11.7M |
| UNITREEUNITREE |
$85.513 |
$85.581 |
+0.169% |
— |
— |
+0.8% 多付 |
— |
0.450% |
+2.90% |
$2.1M |
$7.1M |
| LITELumentum |
$899.23 |
$899.41 |
+0.048% |
— |
— |
+31.1% 多付 |
— |
0.071% |
+1.47% |
$2.1M |
$5.7M |
| COINCoinbase |
$154.32 |
$154.32 |
+0.003% |
-0.03% |
+0.03% |
+5.5% 多付 |
— |
0.064% |
+2.08% |
$2.1M |
$12.7M |
| AMZNAmazon |
$274.41 |
$274.41 |
+0.005% |
-0.21% |
+0.21% |
+5.5% 多付 |
— |
0.035% |
+0.03% |
$1.9M |
$27.8M |
| CRWVCoreWeave |
$91.628 |
$91.592 |
-0.055% |
— |
— |
-8.0% 空付 |
— |
0.135% |
+3.39% |
$1.3M |
$4.7M |
| SOXLSOXL |
$141.99 |
$142.07 |
+0.065% |
— |
— |
+25.8% 多付 |
— |
0.212% |
+2.61% |
$1.3M |
$1.4M |
| RKLBRocket Lab |
$83.278 |
$83.277 |
-0.025% |
— |
— |
-7.3% 空付 |
— |
0.155% |
+1.58% |
$1.3M |
$4.8M |
| HOODRobinhood |
$94.201 |
$94.245 |
+0.061% |
+0.36% |
-0.30% |
+5.5% 多付 |
— |
0.055% |
+1.47% |
$1.2M |
$16.5M |
| XLEEnergy Select Sector SPDR Fund |
$57.188 |
$57.201 |
+0.126% |
— |
— |
+5.5% 多付 |
— |
0.382% |
-0.46% |
$1.2M |
$1.8M |
| BABAAlibaba |
$129.57 |
$129.63 |
+0.030% |
— |
— |
+5.5% 多付 |
— |
0.064% |
+1.06% |
$1.1M |
$9.8M |
| NFLXNetflix |
$74.164 |
$74.102 |
-0.017% |
— |
— |
+0.4% 多付 |
— |
0.180% |
-0.16% |
$919K |
$4.8M |
| PURRDATPURRDAT |
$6.798 |
$6.827 |
+0.417% |
— |
— |
+167.7% 多付 |
— |
0.847% |
+1.95% |
$726K |
$5.9M |
| ZHIPUZHIPU |
$163.23 |
$163.59 |
+0.386% |
— |
— |
+113.4% 多付 |
— |
0.402% |
+2.01% |
$620K |
$5.1M |
| TSMTSMC |
$420.89 |
$421.09 |
+0.050% |
— |
— |
+5.5% 多付 |
— |
0.072% |
+0.31% |
$616K |
$15.2M |
| DELLDell |
$451.85 |
$451.7 |
-0.041% |
— |
— |
-11.0% 空付 |
— |
0.090% |
+0.88% |
$527K |
$3.3M |
| BOTBOT |
$28.296 |
$28.376 |
+0.165% |
— |
— |
+132.4% 多付 |
— |
1.098% |
-7.38% |
$513K |
$3.7M |
| BEBE |
$221.68 |
$221.68 |
+0.014% |
— |
— |
+5.5% 多付 |
— |
0.198% |
+3.43% |
$501K |
$2.3M |
| LLYEli Lilly |
$1,179.2 |
$1,179.7 |
0.000% |
— |
— |
+8.7% 多付 |
— |
0.318% |
+0.10% |
$450K |
$3.1M |
| BBBlackBerry |
$9.153 |
$9.137 |
-0.145% |
— |
— |
-66.0% 空付 |
— |
0.353% |
+1.84% |
$440K |
$11.7M |
| ASMLASML |
$1,736.8 |
$1,736.8 |
-0.021% |
— |
— |
+4.9% 多付 |
— |
0.181% |
+0.27% |
$431K |
$1.9M |
| MINIMAXMINIMAX |
$42.786 |
$42.983 |
+0.537% |
— |
— |
+88.2% 多付 |
— |
0.463% |
+1.17% |
$407K |
$11.5M |
| AVGOBroadcom |
$426.45 |
$426.52 |
+0.034% |
-0.74% |
+0.77% |
+5.5% 多付 |
— |
0.078% |
+0.38% |
$402K |
$2.9M |
| USARUSA Rare Earth |
$19.735 |
$19.756 |
+0.108% |
— |
— |
+49.9% 多付 |
— |
0.429% |
+2.71% |
$388K |
$1.4M |
| ARMArm |
$282.84 |
$283.04 |
+0.081% |
— |
— |
+36.8% 多付 |
— |
0.074% |
-0.14% |
$384K |
$2.8M |
| LYTELYTE |
$27.724 |
$28.485 |
+1.934% |
— |
— |
+1336.1% 多付 |
— |
1.603% |
+7.32% |
$356K |
$1.4M |
| QNTQuantinuum |
$58.162 |
$58.257 |
+0.085% |
— |
— |
+5.5% 多付 |
— |
0.557% |
-3.02% |
$351K |
$1.3M |
| NOWServiceNow |
$126.18 |
$126.01 |
-0.208% |
— |
— |
-117.8% 空付 |
— |
0.588% |
+0.73% |
$324K |
$1.8M |
| WDCWestern Digital |
$437.75 |
$438.1 |
+0.025% |
— |
— |
+25.4% 多付 |
— |
0.261% |
+1.99% |
$276K |
$2.4M |
| KORUKORU |
$17.324 |
$17.356 |
+0.268% |
— |
— |
+144.9% 多付 |
— |
0.219% |
+3.09% |
$231K |
$166K |
| HIMSHims |
$31.573 |
$31.555 |
-0.071% |
— |
— |
-27.0% 空付 |
— |
0.332% |
+1.49% |
$225K |
$3.1M |
| DKNGDraftKings |
$24.57 |
$24.594 |
+0.206% |
— |
— |
+105.0% 多付 |
— |
0.335% |
+5.31% |
$210K |
$419K |
| SHAZSHAZ |
$49.645 |
$49.597 |
+0.115% |
— |
— |
+45.5% 多付 |
— |
0.479% |
+0.01% |
$183K |
$3.1M |
| BIRDBIRD |
$2.531 |
$2.538 |
+0.060% |
— |
— |
+5.5% 多付 |
— |
2.317% |
+4.27% |
$178K |
$69K |
| QCOMQCOM |
$168.07 |
$168.09 |
+0.003% |
— |
— |
+5.5% 多付 |
— |
0.215% |
+0.60% |
$175K |
$3.7M |
| AMATAMAT |
$539.88 |
$539.54 |
-0.116% |
— |
— |
-7.7% 空付 |
— |
0.348% |
-0.22% |
$154K |
$762K |
| URNMURNM |
$55.207 |
$55.183 |
+0.130% |
— |
— |
+64.0% 多付 |
— |
1.060% |
+0.92% |
$104K |
$1.1M |
| BXBlackstone |
$135.67 |
$135.59 |
-0.218% |
— |
— |
-100.0% 空付 |
— |
0.496% |
-0.69% |
$101K |
$534K |
| GMEGameStop |
$19.202 |
$19.214 |
-0.004% |
— |
— |
-9.7% 空付 |
— |
0.465% |
+0.55% |
$100K |
$1.2M |
| SMHVanEck Semiconductor ETF |
$582.77 |
$582.77 |
-0.055% |
— |
— |
+5.5% 多付 |
— |
0.797% |
+0.34% |
$92K |
$1.6M |
| GIGADEVGIGADEV |
$61.233 |
$61.581 |
+0.559% |
— |
— |
+266.5% 多付 |
— |
1.490% |
+3.11% |
$92K |
$2.3M |
| RIVNRivian |
$16.041 |
$16.041 |
+0.175% |
— |
— |
+39.4% 多付 |
— |
0.491% |
-0.07% |
$87K |
$660K |
| NOKNOK |
$9.434 |
$9.435 |
+0.016% |
— |
— |
+11.5% 多付 |
— |
0.427% |
+0.79% |
$87K |
$949K |
| EBAYeBay |
$111.58 |
$111.38 |
-0.256% |
— |
— |
-134.2% 空付 |
— |
0.592% |
-1.72% |
$49K |
$253K |
| ZMZoom |
$105.22 |
$105.3 |
+0.100% |
— |
— |
+15.9% 多付 |
— |
0.658% |
+1.30% |
$30K |
$332K |
| NCLDNCLD |
$22.889 |
$22.889 |
+0.270% |
— |
— |
+124.0% 多付 |
— |
4.540% |
+2.19% |
$15K |
$34K |
| COSTCostco |
$946.75 |
$946.75 |
-0.099% |
— |
— |
-37.0% 空付 |
— |
0.472% |
+0.05% |
$10K |
$286K |
| GEVGEV |
$991.69 |
$993.19 |
+0.389% |
— |
— |
+176.3% 多付 |
— |
1.403% |
+0.09% |
$3K |
$36K |
| IBIDENIBIDEN |
$125.2 |
$125.2 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
| KSTRKSTR |
$25.515 |
$25.515 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
链上美股盘口