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。
美股休市距下次开盘 57 小时 46 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
+0.21%
Nebius（NBIS）链上买盘把价格顶到真股之上
🔻 折价最深
-0.24%
Palantir（PLTR）链上比真股更便宜
💸 资金费最贵(年化)
+336%
BlackBerry · 做多每小时倒贴空头
⚖️ 跨场价差最大
+0.47%
Amazon · 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) |
$132.41 |
$132.28 |
-0.087% |
— |
— |
-21.5% 空付 |
|
0.021% |
+15.82% |
$542.7M |
$255.3M |
| MUMicron |
$878.12 |
$877.34 |
-0.087% |
— |
— |
-23.9% 空付 |
|
0.012% |
-0.89% |
$332.2M |
$190.4M |
| SP500指数标普500 |
$7,749.8 |
$7,749.3 |
-0.010% |
— |
— |
+5.5% 多付 |
|
0.002% |
+0.62% |
$331.3M |
$467.1M |
| SNDKSanDisk |
$1,216.6 |
$1,215.7 |
-0.063% |
— |
— |
-16.1% 空付 |
|
0.022% |
-3.76% |
$255.1M |
$129.8M |
| XYZ100指数纳斯达克100 |
$29,718 |
$29,718 |
+0.015% |
— |
— |
+5.5% 多付 |
|
0.003% |
+1.09% |
$177.4M |
$200.6M |
| SKHYSKHY |
$137.76 |
$137.55 |
-0.173% |
— |
— |
-53.5% 空付 |
|
0.027% |
-1.24% |
$110.7M |
$102.1M |
| INTCIntel |
$101.37 |
$101.22 |
-0.135% |
— |
— |
-24.5% 空付 |
|
0.027% |
+1.35% |
$83.7M |
$54.6M |
| PLTRPalantir |
$172.08 |
$171.69 |
-0.237% |
-0.26% |
+0.02% |
-162.8% 空付 |
|
0.053% |
+10.17% |
$67.8M |
$41.5M |
| NVDANVIDIA |
$223.78 |
$223.82 |
+0.020% |
-0.07% |
+0.09% |
+5.5% 多付 |
|
0.004% |
+2.18% |
$41.4M |
$166.1M |
| ORCLOracle |
$146.28 |
$146.26 |
+0.003% |
— |
— |
+1.2% 多付 |
|
0.055% |
+2.49% |
$31.7M |
$33.0M |
| CRCLCircle |
$66.854 |
$66.854 |
-0.033% |
-0.17% |
+0.14% |
+5.5% 多付 |
|
0.045% |
+5.24% |
$26.9M |
$42.7M |
| GOOGLAlphabet |
$355.53 |
$356.25 |
+0.198% |
+0.36% |
-0.16% |
+34.9% 多付 |
|
0.027% |
-0.64% |
$23.9M |
$125.4M |
| TSLATesla |
$329.42 |
$329.44 |
+0.014% |
-0.12% |
+0.13% |
+5.5% 多付 |
|
0.019% |
+2.78% |
$23.3M |
$35.3M |
| NBISNebius |
$190.25 |
$190.51 |
+0.215% |
— |
— |
+5.5% 多付 |
|
0.051% |
-0.98% |
$22.3M |
$31.7M |
| MSFTMicrosoft |
$499.34 |
$499.36 |
+0.007% |
-0.41% |
+0.42% |
+5.5% 多付 |
|
0.026% |
+0.30% |
$21.6M |
$53.1M |
| AAPLApple |
$313.07 |
$313.18 |
+0.041% |
-0.22% |
+0.26% |
+5.5% 多付 |
|
0.024% |
+0.33% |
$20.0M |
$39.0M |
| MRVLMarvell |
$218.14 |
$217.92 |
-0.092% |
— |
— |
-46.9% 空付 |
|
0.026% |
+2.31% |
$18.3M |
$29.5M |
| AMDAMD |
$481.31 |
$480.88 |
-0.084% |
— |
— |
-35.8% 空付 |
|
0.019% |
-1.87% |
$16.4M |
$12.6M |
| CBRSCoreCard |
$228.88 |
$228.58 |
-0.152% |
— |
— |
-55.8% 空付 |
|
0.162% |
+8.14% |
$16.4M |
$51.3M |
| MSTRMicroStrategy |
$100.5 |
$100.64 |
+0.126% |
+0.38% |
-0.25% |
+44.1% 多付 |
|
0.041% |
+3.86% |
$15.7M |
$21.8M |
| CXMTCXMT |
$7.189 |
$7.18 |
-0.322% |
— |
— |
+251.0% 多付 |
|
0.223% |
-3.57% |
$14.0M |
$65.5M |
| METAMeta |
$592.33 |
$592.27 |
-0.002% |
— |
— |
+5.5% 多付 |
|
0.035% |
+1.03% |
$12.1M |
$45.6M |
| LITELumentum |
$893.33 |
$892.33 |
-0.100% |
— |
— |
-27.2% 空付 |
— |
0.081% |
+3.85% |
$10.0M |
$5.7M |
| UNITREEUNITREE |
$82.303 |
$82.196 |
-0.074% |
— |
— |
-0.4% 空付 |
— |
0.346% |
-2.08% |
$8.1M |
$6.7M |
| IBMIBM |
$236.99 |
$237.04 |
-0.006% |
— |
— |
+5.5% 多付 |
— |
0.119% |
+1.56% |
$7.8M |
$9.7M |
| COINCoinbase |
$154.15 |
$154.37 |
+0.129% |
-0.19% |
+0.32% |
+6.9% 多付 |
— |
0.085% |
+5.60% |
$7.7M |
$12.7M |
| AMZNAmazon |
$274.45 |
$274.45 |
+0.003% |
-0.47% |
+0.47% |
+5.5% 多付 |
— |
0.038% |
+0.81% |
$7.0M |
$27.5M |
| MINIMAXMINIMAX |
$42.558 |
$42.595 |
+0.090% |
— |
— |
+5.5% 多付 |
— |
0.555% |
-5.18% |
$5.4M |
$11.4M |
| RKLBRocket Lab |
$83.447 |
$83.447 |
+0.035% |
— |
— |
-46.5% 空付 |
— |
0.145% |
+9.24% |
$5.1M |
$4.8M |
| ZHIPUZHIPU |
$161.22 |
$161.42 |
+0.161% |
— |
— |
+5.5% 多付 |
— |
0.248% |
+0.21% |
$4.3M |
$5.0M |
| HOODRobinhood |
$93.62 |
$93.567 |
-0.075% |
-0.15% |
+0.08% |
+5.5% 多付 |
— |
0.064% |
+2.79% |
$4.1M |
$16.1M |
| CRWVCoreWeave |
$91.544 |
$91.389 |
-0.181% |
— |
— |
+5.5% 多付 |
— |
0.139% |
+6.21% |
$4.0M |
$4.5M |
| STRCSTRC |
$94.913 |
$94.913 |
+0.026% |
— |
— |
+5.5% 多付 |
— |
0.130% |
+0.81% |
$3.7M |
$11.7M |
| BEBE |
$219.85 |
$219.7 |
-0.127% |
— |
— |
-62.2% 空付 |
— |
0.247% |
-4.87% |
$3.7M |
$2.3M |
| ARMArm |
$282.48 |
$282.05 |
-0.135% |
— |
— |
-48.7% 空付 |
— |
0.065% |
-2.16% |
$3.6M |
$2.8M |
| DELLDell |
$453.28 |
$452.82 |
-0.105% |
— |
— |
-46.4% 空付 |
— |
0.092% |
+2.92% |
$3.1M |
$3.3M |
| TSMTSMC |
$420.5 |
$420.34 |
-0.052% |
— |
— |
-6.8% 空付 |
— |
0.074% |
+0.19% |
$2.1M |
$15.2M |
| BBBlackBerry |
$9.094 |
$9.113 |
+0.205% |
— |
— |
+335.6% 多付 |
— |
0.329% |
+4.23% |
$2.1M |
$11.6M |
| LLYEli Lilly |
$1,187.9 |
$1,187.9 |
+0.051% |
— |
— |
+5.5% 多付 |
— |
0.101% |
-0.21% |
$2.1M |
$3.1M |
| WDCWestern Digital |
$434.46 |
$433.68 |
-0.190% |
— |
— |
-54.3% 空付 |
— |
0.238% |
-4.05% |
$2.0M |
$2.4M |
| PURRDATPURRDAT |
$6.742 |
$6.742 |
-0.057% |
— |
— |
-43.2% 空付 |
— |
0.772% |
+0.99% |
$1.8M |
$5.9M |
| XLEEnergy Select Sector SPDR Fund |
$57.047 |
$57.355 |
+0.541% |
— |
— |
-378.9% 空付 |
— |
0.483% |
-1.82% |
$1.5M |
$1.9M |
| BOTBOT |
$28.519 |
$28.629 |
+0.983% |
— |
— |
+35.0% 多付 |
— |
0.653% |
+3.49% |
$1.5M |
$3.7M |
| LYTELYTE |
$27.018 |
$27.228 |
+0.482% |
— |
— |
+474.7% 多付 |
— |
1.626% |
+2.17% |
$1.5M |
$1.3M |
| SOXLSOXL |
$140.7 |
$140.18 |
-0.402% |
— |
— |
-76.1% 空付 |
— |
0.110% |
+4.64% |
$1.4M |
$798K |
| NOWServiceNow |
$124.91 |
$125.02 |
+0.120% |
— |
— |
+9.2% 多付 |
— |
0.327% |
+4.40% |
$1.2M |
$1.7M |
| HIMSHims |
$31.662 |
$31.625 |
-0.177% |
— |
— |
-71.4% 空付 |
— |
0.451% |
+6.27% |
$1.2M |
$3.1M |
| ASMLASML |
$1,737.8 |
$1,737.2 |
-0.063% |
— |
— |
-18.0% 空付 |
— |
0.197% |
+1.45% |
$1.1M |
$1.9M |
| KORUKORU |
$17.211 |
$17.175 |
-0.171% |
— |
— |
-34.3% 空付 |
— |
0.336% |
+5.38% |
$1.1M |
$158K |
| QNTQuantinuum |
$58.499 |
$58.41 |
-0.249% |
— |
— |
-105.3% 空付 |
— |
0.568% |
-0.01% |
$1.1M |
$1.3M |
| NFLXNetflix |
$74.123 |
$74.064 |
-0.011% |
— |
— |
-1.0% 空付 |
— |
0.176% |
+0.51% |
$1.0M |
$4.5M |
| USARUSA Rare Earth |
$19.45 |
$19.45 |
+0.055% |
— |
— |
-22.0% 空付 |
— |
0.545% |
+10.39% |
$979K |
$1.3M |
| BABAAlibaba |
$128.24 |
$128.21 |
-0.034% |
— |
— |
+2.3% 多付 |
— |
0.082% |
+1.62% |
$933K |
$9.1M |
| DKNGDraftKings |
$23.99 |
$24.021 |
-0.004% |
— |
— |
-6.3% 空付 |
— |
0.747% |
+11.77% |
$833K |
$420K |
| AVGOBroadcom |
$427.28 |
$427.1 |
-0.037% |
-0.74% |
+0.70% |
+5.5% 多付 |
— |
0.113% |
+1.37% |
$798K |
$2.8M |
| SHAZSHAZ |
$50.036 |
$49.947 |
-0.176% |
— |
— |
-127.8% 空付 |
— |
1.147% |
-6.67% |
$719K |
$3.1M |
| GEVGEV |
$990.58 |
$992.31 |
+0.295% |
— |
— |
+80.3% 多付 |
— |
1.665% |
-1.95% |
$707K |
$32K |
| NOKNOK |
$9.422 |
$9.414 |
-0.190% |
— |
— |
-148.7% 空付 |
— |
0.535% |
-0.90% |
$547K |
$949K |
| QCOMQCOM |
$168.55 |
$168.1 |
-0.308% |
— |
— |
-60.5% 空付 |
— |
0.182% |
+4.75% |
$474K |
$3.7M |
| SMHVanEck Semiconductor ETF |
$582.47 |
$582.97 |
+0.076% |
— |
— |
+5.5% 多付 |
— |
0.744% |
+1.58% |
$442K |
$1.6M |
| NCLDNCLD |
$22.902 |
$22.964 |
+0.334% |
— |
— |
+170.7% 多付 |
— |
6.266% |
+1.15% |
$376K |
$33K |
| AMATAMAT |
$539.78 |
$539.6 |
-0.152% |
— |
— |
-57.5% 空付 |
— |
0.362% |
+2.34% |
$373K |
$720K |
| BIRDBIRD |
$2.481 |
$2.476 |
-0.169% |
— |
— |
+644.9% 多付 |
— |
2.684% |
+5.17% |
$368K |
$68K |
| URNMURNM |
$54.737 |
$54.911 |
+0.406% |
— |
— |
+210.2% 多付 |
— |
1.162% |
+3.53% |
$271K |
$1.1M |
| GMEGameStop |
$19.152 |
$19.163 |
-0.039% |
— |
— |
+18.5% 多付 |
— |
0.833% |
-0.37% |
$264K |
$1.2M |
| BXBlackstone |
$136.15 |
$136 |
-0.145% |
— |
— |
-74.8% 空付 |
— |
0.209% |
+1.93% |
$187K |
$554K |
| ZMZoom |
$104.41 |
$104.48 |
-0.002% |
— |
— |
+5.5% 多付 |
— |
0.523% |
+2.95% |
$170K |
$326K |
| RIVNRivian |
$16.229 |
$16.229 |
-0.222% |
— |
— |
+1.2% 多付 |
— |
1.013% |
+4.80% |
$146K |
$672K |
| GIGADEVGIGADEV |
$60.674 |
$60.759 |
+0.587% |
— |
— |
+378.6% 多付 |
— |
1.408% |
-0.74% |
$138K |
$2.3M |
| EBAYeBay |
$111.87 |
$112.07 |
+0.056% |
— |
— |
+5.5% 多付 |
— |
0.583% |
+2.45% |
$116K |
$266K |
| COSTCostco |
$947.15 |
$946.57 |
-0.107% |
— |
— |
-37.0% 空付 |
— |
0.405% |
-0.27% |
$70K |
$283K |
| 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