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 17 小时 44 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%
SanDisk（SNDK）链上买盘把价格顶到真股之上
🔻 折价最深
-0.11%
Lumentum（LITE）链上比真股更便宜
💸 资金费最贵(年化)
-61%
Lumentum · 做空每小时倒贴多头
⚖️ 跨场价差最大
-1.44%
Circle · 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) |
$135.93 |
$136.06 |
+0.105% |
— |
— |
+5.5% 多付 |
|
0.018% |
-1.55% |
$99.9M |
$264.5M |
| SP500指数标普500 |
$7,775.2 |
$7,774.9 |
-0.012% |
— |
— |
+5.5% 多付 |
|
0.013% |
+0.26% |
$47.9M |
$481.6M |
| XYZ100指数纳斯达克100 |
$29,822 |
$29,823 |
+0.003% |
— |
— |
+5.5% 多付 |
|
0.007% |
+0.27% |
$26.6M |
$184.8M |
| MUMicron |
$881.2 |
$881.23 |
+0.026% |
— |
— |
-13.0% 空付 |
|
0.010% |
-0.21% |
$9.5M |
$191.9M |
| SNDKSanDisk |
$1,230.1 |
$1,231.4 |
+0.124% |
— |
— |
+5.5% 多付 |
|
0.011% |
+1.08% |
$8.9M |
$129.0M |
| GOOGLAlphabet |
$358.53 |
$358.86 |
+0.103% |
+1.03% |
-0.93% |
+22.4% 多付 |
|
0.011% |
+0.81% |
$7.2M |
$128.8M |
| SKHYSKHY |
$139.81 |
$139.96 |
+0.135% |
— |
— |
+5.5% 多付 |
|
0.023% |
+0.50% |
$5.5M |
$102.7M |
| CXMTCXMT |
$7.306 |
$7.3 |
-0.167% |
— |
— |
-53.9% 空付 |
|
0.325% |
-0.15% |
$4.3M |
$66.8M |
| NVDANVIDIA |
$225.49 |
$225.56 |
+0.041% |
+0.69% |
-0.65% |
+5.5% 多付 |
|
0.020% |
+0.41% |
$3.5M |
$167.8M |
| CRCLCircle |
$67.962 |
$68.034 |
+0.103% |
+1.54% |
-1.44% |
+2.4% 多付 |
|
0.071% |
+0.49% |
$3.2M |
$43.0M |
| TSLATesla |
$331.56 |
$331.57 |
+0.000% |
+0.78% |
-0.78% |
+5.5% 多付 |
|
0.024% |
+0.24% |
$3.2M |
$36.9M |
| METAMeta |
$596.74 |
$596.95 |
+0.032% |
+0.52% |
-0.49% |
+5.5% 多付 |
|
0.035% |
+0.49% |
$2.6M |
$47.8M |
| NBISNebius |
$193.73 |
$193.74 |
-0.013% |
— |
— |
+5.5% 多付 |
|
0.099% |
+1.05% |
$2.4M |
$32.5M |
| MRVLMarvell |
$221.96 |
$222.15 |
+0.082% |
— |
— |
+13.9% 多付 |
|
0.042% |
-0.31% |
$2.4M |
$32.1M |
| AAPLApple |
$312.78 |
$312.79 |
-0.006% |
-0.75% |
+0.74% |
+5.5% 多付 |
|
0.025% |
+0.36% |
$2.3M |
$39.3M |
| LITELumentum |
$909.76 |
$908.81 |
-0.114% |
— |
— |
-61.2% 空付 |
|
0.089% |
+0.77% |
$2.2M |
$7.1M |
| MSTRMicroStrategy |
$102.93 |
$102.9 |
-0.034% |
+3.04% |
-3.07% |
-15.7% 空付 |
|
0.010% |
+1.13% |
$1.9M |
$23.7M |
| COINCoinbase |
$155.31 |
$155.33 |
+0.026% |
+0.55% |
-0.52% |
+5.5% 多付 |
|
0.049% |
+0.65% |
$1.7M |
$12.4M |
| INTCIntel |
$102.23 |
$102.23 |
+0.015% |
— |
— |
+1.9% 多付 |
|
0.026% |
-0.29% |
$1.7M |
$55.1M |
| MSFTMicrosoft |
$500.04 |
$500.01 |
-0.005% |
-0.43% |
+0.43% |
+5.5% 多付 |
|
0.013% |
+0.16% |
$1.7M |
$53.5M |
| PLTRPalantir |
$173.08 |
$173.16 |
+0.062% |
-0.46% |
+0.52% |
+5.5% 多付 |
|
0.064% |
+0.70% |
$1.6M |
$41.2M |
| UNITREEUNITREE |
$87.895 |
$87.981 |
+0.091% |
— |
— |
+0.0% 多付 |
|
0.133% |
+2.94% |
$1.5M |
$7.8M |
| SOXLSOXL |
$141.61 |
$141.51 |
-0.059% |
— |
— |
-40.3% 空付 |
— |
0.091% |
-1.58% |
$1.4M |
$1.3M |
| AMZNAmazon |
$275.67 |
$275.73 |
+0.024% |
-0.06% |
+0.08% |
+3.8% 多付 |
— |
0.029% |
+0.24% |
$1.4M |
$27.9M |
| ORCLOracle |
$147.45 |
$147.48 |
+0.027% |
— |
— |
+5.5% 多付 |
— |
0.047% |
+0.19% |
$1.1M |
$33.2M |
| AMDAMD |
$484.94 |
$484.8 |
-0.029% |
— |
— |
+3.3% 多付 |
— |
0.020% |
+0.27% |
$822K |
$13.0M |
| CBRSCoreCard |
$226.82 |
$226.98 |
+0.053% |
— |
— |
+13.6% 多付 |
— |
0.105% |
-1.07% |
$806K |
$50.9M |
| HOODRobinhood |
$94.416 |
$94.416 |
+0.017% |
+2.89% |
-2.87% |
+4.2% 多付 |
— |
0.035% |
-0.01% |
$760K |
$16.4M |
| GIGADEVGIGADEV |
$60.335 |
$60.972 |
+0.820% |
— |
— |
+368.5% 多付 |
— |
2.034% |
-1.18% |
$750K |
$2.3M |
| CRWVCoreWeave |
$92.312 |
$92.386 |
+0.104% |
— |
— |
+9.7% 多付 |
— |
0.117% |
+0.59% |
$663K |
$4.8M |
| LYTELYTE |
$27.61 |
$27.63 |
-0.241% |
— |
— |
-137.8% 空付 |
— |
1.136% |
-1.44% |
$635K |
$2.1M |
| RKLBRocket Lab |
$85.555 |
$85.546 |
-0.049% |
— |
— |
-4.3% 空付 |
— |
0.143% |
+1.71% |
$626K |
$5.6M |
| BABAAlibaba |
$129.64 |
$129.62 |
-0.026% |
— |
— |
-4.4% 空付 |
— |
0.093% |
-0.04% |
$487K |
$9.9M |
| AVGOBroadcom |
$429.77 |
$429.7 |
-0.021% |
-0.39% |
+0.37% |
-0.2% 空付 |
— |
0.112% |
+0.38% |
$340K |
$3.0M |
| NCLDNCLD |
$23.096 |
$23.307 |
+0.611% |
— |
— |
+371.4% 多付 |
— |
2.912% |
+0.03% |
$324K |
$34K |
| IBMIBM |
$237.29 |
$237.25 |
-0.018% |
— |
— |
+5.5% 多付 |
— |
0.158% |
-0.03% |
$310K |
$9.9M |
| USARUSA Rare Earth |
$20.009 |
$19.969 |
-0.200% |
— |
— |
-0.3% 空付 |
— |
0.238% |
+0.17% |
$299K |
$1.5M |
| NFLXNetflix |
$74.046 |
$74.108 |
+0.076% |
— |
— |
+5.5% 多付 |
— |
0.224% |
-0.02% |
$262K |
$4.7M |
| MINIMAXMINIMAX |
$43.143 |
$43.061 |
-0.157% |
— |
— |
-108.1% 空付 |
— |
0.500% |
+0.69% |
$256K |
$11.7M |
| ASMLASML |
$1,751.3 |
$1,751.9 |
+0.052% |
— |
— |
+20.6% 多付 |
— |
0.224% |
+0.50% |
$187K |
$2.0M |
| TSMTSMC |
$420.94 |
$421.01 |
+0.013% |
— |
— |
+5.5% 多付 |
— |
0.049% |
-0.28% |
$175K |
$15.2M |
| ZHIPUZHIPU |
$162.26 |
$162.1 |
-0.094% |
— |
— |
-58.2% 空付 |
— |
0.471% |
-1.12% |
$171K |
$5.1M |
| ARMArm |
$283.53 |
$283.6 |
+0.064% |
— |
— |
+10.7% 多付 |
— |
0.145% |
+0.02% |
$149K |
$2.7M |
| AMATAMAT |
$542.06 |
$542.71 |
+0.099% |
— |
— |
+43.1% 多付 |
— |
0.392% |
+0.53% |
$148K |
$810K |
| XLEEnergy Select Sector SPDR Fund |
$57.217 |
$57.281 |
+0.193% |
— |
— |
+65.2% 多付 |
— |
0.400% |
+0.24% |
$143K |
$1.8M |
| LLYEli Lilly |
$1,182.7 |
$1,182.7 |
-0.052% |
— |
— |
+3.6% 多付 |
— |
0.203% |
+0.32% |
$131K |
$3.1M |
| NOWServiceNow |
$125.93 |
$126.13 |
+0.096% |
— |
— |
+27.7% 多付 |
— |
0.456% |
-0.21% |
$124K |
$1.8M |
| WDCWestern Digital |
$437.24 |
$437.24 |
-0.033% |
— |
— |
+2.6% 多付 |
— |
0.226% |
-0.28% |
$109K |
$2.4M |
| STRCSTRC |
$94.906 |
$94.92 |
-0.001% |
— |
— |
+5.5% 多付 |
— |
0.065% |
+0.05% |
$107K |
$11.7M |
| GMEGameStop |
$19.312 |
$19.304 |
-0.164% |
— |
— |
-99.3% 空付 |
— |
0.366% |
+0.67% |
$96K |
$1.3M |
| DELLDell |
$453.73 |
$453.89 |
+0.040% |
— |
— |
+7.5% 多付 |
— |
0.091% |
+0.30% |
$91K |
$3.3M |
| DKNGDraftKings |
$24.284 |
$24.275 |
-0.100% |
— |
— |
-37.2% 空付 |
— |
0.797% |
-0.94% |
$65K |
$436K |
| BIRDBIRD |
$2.497 |
$2.491 |
-0.411% |
— |
— |
-262.8% 空付 |
— |
1.864% |
-1.56% |
$63K |
$89K |
| BOTBOT |
$28.505 |
$28.53 |
+0.143% |
— |
— |
+79.3% 多付 |
— |
0.459% |
-0.61% |
$56K |
$3.7M |
| SHAZSHAZ |
$49.725 |
$49.7 |
+0.148% |
— |
— |
+57.7% 多付 |
— |
0.595% |
-0.24% |
$53K |
$3.1M |
| BEBE |
$221.87 |
$222.07 |
+0.096% |
— |
— |
+36.8% 多付 |
— |
0.171% |
+0.08% |
$47K |
$2.3M |
| PURRDATPURRDAT |
$6.832 |
$6.839 |
+0.077% |
— |
— |
+45.7% 多付 |
— |
0.811% |
+0.36% |
$39K |
$5.9M |
| NOKNOK |
$9.387 |
$9.386 |
-0.108% |
— |
— |
-24.3% 空付 |
— |
0.398% |
-0.38% |
$37K |
$914K |
| HIMSHims |
$31.764 |
$31.723 |
-0.033% |
— |
— |
-32.2% 空付 |
— |
0.530% |
+0.19% |
$36K |
$3.1M |
| QCOMQCOM |
$167.99 |
$168.09 |
+0.066% |
— |
— |
+12.9% 多付 |
— |
0.176% |
+0.11% |
$35K |
$3.7M |
| SMHVanEck Semiconductor ETF |
$585.35 |
$586.46 |
+0.152% |
— |
— |
+77.2% 多付 |
— |
0.748% |
+0.60% |
$31K |
$1.6M |
| KORUKORU |
$17.626 |
$17.662 |
+0.314% |
— |
— |
+122.9% 多付 |
— |
0.551% |
+0.88% |
$29K |
$173K |
| QNTQuantinuum |
$58.178 |
$58.357 |
+0.187% |
— |
— |
+5.5% 多付 |
— |
0.662% |
+0.14% |
$28K |
$1.3M |
| BBBlackBerry |
$9.115 |
$9.121 |
+0.028% |
— |
— |
+5.5% 多付 |
— |
0.274% |
-0.21% |
$24K |
$11.6M |
| ZMZoom |
$106.72 |
$106.65 |
-0.331% |
— |
— |
-160.7% 空付 |
— |
0.610% |
+0.93% |
$22K |
$344K |
| BXBlackstone |
$135.48 |
$135.34 |
-0.192% |
— |
— |
-67.9% 空付 |
— |
0.545% |
-0.87% |
$19K |
$547K |
| URNMURNM |
$55.622 |
$55.68 |
-0.118% |
— |
— |
-51.7% 空付 |
— |
0.771% |
+0.33% |
$19K |
$1.1M |
| EBAYeBay |
$111.28 |
$111.22 |
-0.103% |
— |
— |
+4.3% 多付 |
— |
0.698% |
-0.53% |
$17K |
$256K |
| RIVNRivian |
$16.083 |
$16.115 |
+0.267% |
— |
— |
+6.4% 多付 |
— |
0.857% |
+0.34% |
$8K |
$651K |
| COSTCostco |
$946.69 |
$946.72 |
+0.030% |
— |
— |
+5.5% 多付 |
— |
0.439% |
-0.04% |
$7K |
$286K |
| GEVGEV |
$992.63 |
$992.83 |
+0.377% |
— |
— |
+160.8% 多付 |
— |
1.216% |
-0.04% |
$5K |
$33K |
| 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