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 59 小时 50 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
+1.07%
Palantir（PLTR）链上买盘把价格顶到真股之上
🔻 折价最深
-0.07%
SpaceX(trade.xyz)（SPCX）链上比真股更便宜
💸 资金费最贵(年化)
+132%
Palantir · 做多每小时倒贴空头
⚖️ 跨场价差最大
+0.66%
Palantir · 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) |
$132.84 |
$132.77 |
-0.072% |
— |
— |
-50.6% 空付 |
|
0.008% |
+16.28% |
$540.0M |
$258.6M |
| MUMicron |
$878.45 |
$878.44 |
+0.006% |
— |
— |
-1.5% 空付 |
|
0.014% |
-0.00% |
$340.2M |
$190.6M |
| SP500指数标普500 |
$7,741.1 |
$7,741.3 |
+0.003% |
— |
— |
+5.5% 多付 |
|
0.005% |
+0.47% |
$338.7M |
$466.2M |
| SNDKSanDisk |
$1,217.5 |
$1,217.6 |
+0.006% |
— |
— |
-1.2% 空付 |
|
0.012% |
-2.92% |
$259.9M |
$129.9M |
| XYZ100指数纳斯达克100 |
$29,696 |
$29,696 |
+0.008% |
— |
— |
+4.7% 多付 |
|
0.004% |
+0.96% |
$184.3M |
$200.5M |
| SKHYSKHY |
$137.9 |
$137.96 |
+0.054% |
— |
— |
+5.5% 多付 |
|
0.021% |
-0.86% |
$119.3M |
$102.3M |
| INTCIntel |
$101.5 |
$101.53 |
+0.037% |
— |
— |
-17.8% 空付 |
|
0.026% |
+1.75% |
$84.2M |
$54.7M |
| PLTRPalantir |
$171.65 |
$173.13 |
+1.066% |
+0.41% |
+0.66% |
+132.1% 多付 |
|
0.022% |
+11.00% |
$58.5M |
$40.8M |
| NVDANVIDIA |
$223.61 |
$223.57 |
-0.020% |
-0.23% |
+0.21% |
+5.5% 多付 |
|
0.017% |
+1.96% |
$41.7M |
$166.0M |
| ORCLOracle |
$146.34 |
$146.38 |
+0.024% |
— |
— |
+5.5% 多付 |
|
0.057% |
+2.36% |
$31.8M |
$33.0M |
| CRCLCircle |
$66.833 |
$66.906 |
+0.145% |
-0.21% |
+0.36% |
-19.1% 空付 |
|
0.027% |
+5.64% |
$27.5M |
$42.7M |
| GOOGLAlphabet |
$355.08 |
$355.15 |
+0.016% |
+0.01% |
+0.01% |
+5.6% 多付 |
|
0.020% |
-0.98% |
$24.5M |
$124.9M |
| TSLATesla |
$328.95 |
$329.12 |
+0.057% |
-0.24% |
+0.30% |
+5.5% 多付 |
|
0.021% |
+2.76% |
$23.5M |
$35.2M |
| NBISNebius |
$190.29 |
$190.35 |
+0.083% |
— |
— |
+33.5% 多付 |
|
0.085% |
-1.01% |
$22.6M |
$31.8M |
| MSFTMicrosoft |
$499.65 |
$499.59 |
-0.020% |
-0.40% |
+0.38% |
+5.5% 多付 |
|
0.024% |
+0.42% |
$21.7M |
$53.2M |
| AAPLApple |
$312.78 |
$312.74 |
-0.019% |
-0.45% |
+0.43% |
+5.5% 多付 |
|
0.017% |
+0.24% |
$19.9M |
$39.1M |
| MRVLMarvell |
$218.34 |
$218.42 |
+0.046% |
— |
— |
+3.6% 多付 |
|
0.039% |
+3.08% |
$18.7M |
$29.6M |
| AMDAMD |
$481.73 |
$481.81 |
+0.037% |
— |
— |
-14.6% 空付 |
|
0.034% |
-1.60% |
$16.9M |
$12.6M |
| CXMTCXMT |
$7.127 |
$7.133 |
+0.065% |
— |
— |
+13.8% 多付 |
|
0.139% |
-3.35% |
$16.7M |
$65.1M |
| CBRSCoreCard |
$228.87 |
$229.15 |
+0.150% |
— |
— |
+5.5% 多付 |
|
0.068% |
+8.43% |
$16.3M |
$51.4M |
| MSTRMicroStrategy |
$100.27 |
$100.35 |
+0.088% |
-0.20% |
+0.29% |
+14.9% 多付 |
|
0.038% |
+3.60% |
$15.8M |
$21.7M |
| METAMeta |
$591.39 |
$591.31 |
-0.015% |
— |
— |
+5.1% 多付 |
|
0.036% |
+0.33% |
$12.3M |
$45.6M |
| MINIMAXMINIMAX |
$42.543 |
$42.53 |
-0.031% |
— |
— |
+29.2% 多付 |
— |
0.485% |
+3.47% |
$11.1M |
$11.4M |
| LITELumentum |
$894.19 |
$894.19 |
+0.012% |
— |
— |
-97.8% 空付 |
— |
0.096% |
+4.54% |
$10.0M |
$5.7M |
| UNITREEUNITREE |
$82.433 |
$82.473 |
+0.069% |
— |
— |
+0.1% 多付 |
— |
0.108% |
+2.65% |
$9.3M |
$6.7M |
| IBMIBM |
$236.92 |
$236.93 |
+0.009% |
— |
— |
+5.5% 多付 |
— |
0.138% |
+1.97% |
$7.9M |
$9.7M |
| ZHIPUZHIPU |
$161.11 |
$161.08 |
+0.053% |
— |
— |
-5.0% 空付 |
— |
0.428% |
+10.65% |
$7.9M |
$5.0M |
| COINCoinbase |
$154.09 |
$154.25 |
+0.098% |
+0.03% |
+0.07% |
+13.6% 多付 |
— |
0.045% |
+5.41% |
$7.9M |
$12.7M |
| AMZNAmazon |
$274.28 |
$274.27 |
-0.011% |
-0.60% |
+0.59% |
+5.3% 多付 |
— |
0.035% |
+0.76% |
$7.0M |
$27.5M |
| RKLBRocket Lab |
$83.665 |
$83.81 |
+0.221% |
— |
— |
+5.5% 多付 |
— |
0.119% |
+9.86% |
$5.1M |
$4.9M |
| HOODRobinhood |
$93.588 |
$93.643 |
+0.058% |
-0.18% |
+0.24% |
+5.5% 多付 |
— |
0.062% |
+3.03% |
$4.2M |
$16.2M |
| BEBE |
$220.2 |
$220.46 |
+0.139% |
— |
— |
+59.9% 多付 |
— |
0.266% |
-3.90% |
$3.9M |
$2.3M |
| CRWVCoreWeave |
$91.459 |
$91.507 |
+0.061% |
— |
— |
+14.0% 多付 |
— |
0.145% |
+6.63% |
$3.8M |
$4.4M |
| STRCSTRC |
$94.976 |
$94.939 |
-0.002% |
— |
— |
+5.5% 多付 |
— |
0.203% |
+1.08% |
$3.8M |
$11.7M |
| ARMArm |
$282.91 |
$282.95 |
+0.017% |
— |
— |
-0.2% 空付 |
— |
0.085% |
-1.58% |
$3.7M |
$2.8M |
| DELLDell |
$453.84 |
$453.82 |
-0.003% |
— |
— |
-1.6% 空付 |
— |
0.087% |
+3.33% |
$3.1M |
$3.3M |
| TSMTSMC |
$420.75 |
$420.75 |
-0.013% |
— |
— |
-7.9% 空付 |
— |
0.077% |
+0.33% |
$2.2M |
$15.2M |
| WDCWestern Digital |
$434.63 |
$434.99 |
+0.059% |
— |
— |
-3.9% 空付 |
— |
0.168% |
-3.07% |
$2.1M |
$2.4M |
| BBBlackBerry |
$9.018 |
$9.035 |
+0.128% |
— |
— |
+69.3% 多付 |
— |
0.261% |
+3.32% |
$2.0M |
$11.6M |
| LLYEli Lilly |
$1,186.5 |
$1,187.3 |
+0.042% |
— |
— |
+14.0% 多付 |
— |
0.241% |
-0.24% |
$2.0M |
$3.0M |
| PURRDATPURRDAT |
$6.744 |
$6.739 |
-0.200% |
— |
— |
-104.3% 空付 |
— |
0.733% |
+1.13% |
$1.9M |
$5.9M |
| XLEEnergy Select Sector SPDR Fund |
$57.813 |
$57.908 |
-0.009% |
— |
— |
+54.7% 多付 |
— |
0.512% |
-0.36% |
$1.7M |
$2.0M |
| BOTBOT |
$28.509 |
$28.519 |
+0.120% |
— |
— |
+80.1% 多付 |
— |
0.415% |
+2.35% |
$1.5M |
$3.7M |
| LYTELYTE |
$26.596 |
$26.7 |
+0.358% |
— |
— |
+212.9% 多付 |
— |
1.314% |
+1.93% |
$1.5M |
$1.2M |
| SOXLSOXL |
$140.91 |
$140.78 |
-0.175% |
— |
— |
-79.0% 空付 |
— |
0.415% |
+4.83% |
$1.3M |
$836K |
| BABAAlibaba |
$128.33 |
$128.31 |
-0.007% |
— |
— |
-6.5% 空付 |
— |
0.076% |
+0.17% |
$1.3M |
$9.2M |
| NOWServiceNow |
$124.82 |
$124.9 |
+0.053% |
— |
— |
+5.8% 多付 |
— |
0.281% |
+4.64% |
$1.2M |
$1.7M |
| HIMSHims |
$31.663 |
$31.631 |
-0.020% |
— |
— |
-104.0% 空付 |
— |
0.630% |
+6.34% |
$1.2M |
$3.1M |
| KORUKORU |
$17.213 |
$17.209 |
-0.198% |
— |
— |
-100.7% 空付 |
— |
0.673% |
+4.55% |
$1.2M |
$161K |
| ASMLASML |
$1,737.5 |
$1,736.4 |
-0.093% |
— |
— |
-35.9% 空付 |
— |
0.136% |
+1.47% |
$1.1M |
$1.8M |
| QNTQuantinuum |
$58.95 |
$58.948 |
+0.066% |
— |
— |
-2.3% 空付 |
— |
0.531% |
+0.87% |
$1.0M |
$1.4M |
| NFLXNetflix |
$74.198 |
$74.19 |
+0.032% |
— |
— |
+5.5% 多付 |
— |
0.229% |
+0.67% |
$1.0M |
$4.5M |
| USARUSA Rare Earth |
$19.427 |
$19.427 |
+0.037% |
— |
— |
-93.5% 空付 |
— |
0.531% |
+10.78% |
$1.0M |
$1.3M |
| DKNGDraftKings |
$23.99 |
$23.99 |
-0.095% |
— |
— |
-31.7% 空付 |
— |
0.633% |
+11.82% |
$838K |
$419K |
| AVGOBroadcom |
$427.17 |
$427.17 |
+0.008% |
+1.30% |
-1.29% |
+5.5% 多付 |
— |
0.073% |
+1.40% |
$799K |
$2.8M |
| SHAZSHAZ |
$50.184 |
$50.033 |
-0.294% |
— |
— |
-119.7% 空付 |
— |
0.984% |
-4.98% |
$747K |
$3.2M |
| GEVGEV |
$990.5 |
$992.31 |
+0.377% |
— |
— |
+139.6% 多付 |
— |
1.360% |
-1.20% |
$707K |
$32K |
| NOKNOK |
$9.43 |
$9.434 |
+0.057% |
— |
— |
+15.1% 多付 |
— |
0.492% |
-0.37% |
$569K |
$951K |
| QCOMQCOM |
$168.54 |
$168.7 |
+0.125% |
— |
— |
+33.3% 多付 |
— |
0.102% |
+4.89% |
$477K |
$3.7M |
| SMHVanEck Semiconductor ETF |
$582.59 |
$582.31 |
-0.159% |
— |
— |
-94.4% 空付 |
— |
0.666% |
+1.65% |
$470K |
$1.6M |
| AMATAMAT |
$540.38 |
$539.69 |
-0.119% |
— |
— |
-50.1% 空付 |
— |
0.285% |
+2.05% |
$421K |
$727K |
| NCLDNCLD |
$22.902 |
$22.906 |
+0.886% |
— |
— |
+494.8% 多付 |
— |
5.866% |
+1.66% |
$382K |
$33K |
| BIRDBIRD |
$2.512 |
$2.523 |
+0.429% |
— |
— |
+293.2% 多付 |
— |
2.268% |
+7.49% |
$321K |
$56K |
| URNMURNM |
$54.709 |
$54.911 |
+0.401% |
— |
— |
+212.9% 多付 |
— |
1.239% |
+3.53% |
$271K |
$1.1M |
| GMEGameStop |
$19.152 |
$19.144 |
-0.266% |
— |
— |
-74.1% 空付 |
— |
0.608% |
-0.41% |
$263K |
$1.2M |
| GIGADEVGIGADEV |
$60.383 |
$60.189 |
-0.101% |
— |
— |
+65.0% 多付 |
— |
1.500% |
+4.68% |
$204K |
$2.3M |
| BXBlackstone |
$136.89 |
$136.78 |
-0.202% |
— |
— |
-85.3% 空付 |
— |
0.518% |
+2.94% |
$192K |
$560K |
| ZMZoom |
$104.39 |
$104.4 |
-0.071% |
— |
— |
-27.8% 空付 |
— |
0.517% |
+2.90% |
$191K |
$325K |
| RIVNRivian |
$16.154 |
$16.187 |
+0.038% |
— |
— |
+24.1% 多付 |
— |
0.850% |
+4.49% |
$144K |
$670K |
| EBAYeBay |
$111.85 |
$111.85 |
-0.044% |
— |
— |
+5.5% 多付 |
— |
0.545% |
+2.23% |
$116K |
$265K |
| COSTCostco |
$947.15 |
$946.5 |
-0.119% |
— |
— |
-48.9% 空付 |
— |
0.398% |
-0.04% |
$74K |
$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