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 49 小时 52 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
+0.53%
SpaceX(trade.xyz)（SPCX）链上买盘把价格顶到真股之上
🔻 折价最深
-0.58%
Nebius（NBIS）链上比真股更便宜
💸 资金费最贵(年化)
+94%
Palantir · 做多每小时倒贴空头
⚖️ 跨场价差最大
-0.48%
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) |
$133.05 |
$133.7 |
+0.531% |
— |
— |
+71.5% 多付 |
|
0.010% |
+15.57% |
$515.5M |
$255.4M |
| SP500指数标普500 |
$7,743.9 |
$7,748.1 |
+0.071% |
— |
— |
+5.5% 多付 |
|
0.010% |
+0.26% |
$273.9M |
$465.1M |
| MUMicron |
$878.33 |
$878.51 |
+0.021% |
— |
— |
+22.6% 多付 |
|
0.012% |
-2.28% |
$252.0M |
$190.6M |
| SNDKSanDisk |
$1,214 |
$1,214 |
-0.028% |
— |
— |
+13.2% 多付 |
|
0.011% |
-5.90% |
$217.1M |
$129.2M |
| XYZ100指数纳斯达克100 |
$29,662 |
$29,679 |
+0.052% |
— |
— |
+5.5% 多付 |
|
0.010% |
+0.41% |
$174.0M |
$185.8M |
| INTCIntel |
$101.1 |
$101.22 |
+0.117% |
— |
— |
+50.8% 多付 |
|
0.016% |
-0.06% |
$82.0M |
$54.5M |
| SKHYSKHY |
$137.75 |
$137.75 |
-0.008% |
— |
— |
+18.4% 多付 |
|
0.026% |
-3.14% |
$73.0M |
$102.3M |
| PLTRPalantir |
$171.06 |
$171.37 |
+0.193% |
+0.67% |
-0.48% |
+93.7% 多付 |
|
0.051% |
+8.36% |
$70.4M |
$40.7M |
| NVDANVIDIA |
$223.71 |
$223.77 |
+0.032% |
-0.17% |
+0.20% |
+5.5% 多付 |
|
0.011% |
+1.48% |
$38.4M |
$166.5M |
| ORCLOracle |
$146.43 |
$146.45 |
+0.001% |
— |
— |
+7.7% 多付 |
|
0.041% |
+1.13% |
$29.9M |
$33.1M |
| CRCLCircle |
$66.983 |
$67.029 |
+0.060% |
+0.03% |
+0.03% |
+27.6% 多付 |
|
0.049% |
+4.34% |
$24.9M |
$42.7M |
| TSLATesla |
$329.55 |
$329.6 |
+0.015% |
+0.19% |
-0.17% |
+5.5% 多付 |
|
0.018% |
+2.40% |
$22.5M |
$35.4M |
| GOOGLAlphabet |
$355.45 |
$355.46 |
+0.059% |
+0.06% |
0.00% |
+2.6% 多付 |
|
0.028% |
-1.00% |
$21.0M |
$125.5M |
| NBISNebius |
$190.35 |
$190.34 |
-0.578% |
— |
— |
+25.1% 多付 |
|
0.090% |
-3.37% |
$20.6M |
$31.9M |
| MSFTMicrosoft |
$499.06 |
$499.06 |
+0.010% |
-0.42% |
+0.43% |
+5.5% 多付 |
|
0.034% |
+0.23% |
$20.1M |
$53.0M |
| AAPLApple |
$312.28 |
$312.27 |
0.000% |
-0.40% |
+0.40% |
+5.5% 多付 |
|
0.026% |
+0.12% |
$19.0M |
$38.8M |
| MRVLMarvell |
$217.82 |
$217.86 |
+0.018% |
— |
— |
+47.5% 多付 |
|
0.037% |
+0.62% |
$17.0M |
$29.7M |
| CBRSCoreCard |
$227.36 |
$227.65 |
+0.090% |
— |
— |
+36.2% 多付 |
|
0.080% |
+6.20% |
$15.8M |
$51.1M |
| MSTRMicroStrategy |
$100.94 |
$101.04 |
+0.111% |
+0.45% |
-0.34% |
+32.3% 多付 |
|
0.015% |
+2.36% |
$15.0M |
$21.9M |
| AMDAMD |
$480.26 |
$480.48 |
+0.041% |
— |
— |
+10.4% 多付 |
|
0.045% |
-3.25% |
$14.6M |
$12.6M |
| METAMeta |
$591.99 |
$592.02 |
-0.000% |
— |
— |
+5.5% 多付 |
|
0.041% |
+0.42% |
$10.1M |
$45.8M |
| LITELumentum |
$894.43 |
$894.14 |
-0.172% |
— |
— |
+5.5% 多付 |
|
0.089% |
+1.95% |
$9.1M |
$5.7M |
| IBMIBM |
$236.93 |
$237.01 |
+0.030% |
— |
— |
+5.5% 多付 |
— |
0.097% |
+0.83% |
$7.7M |
$9.7M |
| COINCoinbase |
$153.79 |
$153.71 |
-0.040% |
+0.17% |
-0.21% |
+5.5% 多付 |
— |
0.090% |
+3.82% |
$7.2M |
$12.5M |
| AMZNAmazon |
$273.94 |
$273.98 |
+0.047% |
-0.20% |
+0.25% |
-1.9% 空付 |
— |
0.047% |
+0.16% |
$5.7M |
$27.6M |
| CXMTCXMT |
$7.204 |
$7.193 |
-0.112% |
— |
— |
+48.2% 多付 |
— |
0.392% |
-1.95% |
$5.5M |
$65.6M |
| RKLBRocket Lab |
$83.328 |
$83.308 |
-0.076% |
— |
— |
+5.5% 多付 |
— |
0.136% |
+5.62% |
$4.9M |
$4.8M |
| HOODRobinhood |
$93.899 |
$93.97 |
+0.063% |
-0.17% |
+0.23% |
+30.1% 多付 |
— |
0.062% |
+1.86% |
$4.2M |
$16.5M |
| UNITREEUNITREE |
$84.221 |
$84.446 |
+0.425% |
— |
— |
+3.2% 多付 |
— |
0.476% |
-3.62% |
$4.1M |
$7.0M |
| CRWVCoreWeave |
$91.363 |
$91.34 |
-0.131% |
— |
— |
+8.4% 多付 |
— |
0.116% |
+3.97% |
$3.8M |
$4.6M |
| STRCSTRC |
$94.932 |
$95.007 |
+0.065% |
— |
— |
+19.4% 多付 |
— |
0.181% |
+0.64% |
$3.2M |
$11.7M |
| BEBE |
$220.26 |
$220.25 |
-0.111% |
— |
— |
+5.5% 多付 |
— |
0.177% |
-7.62% |
$3.1M |
$2.3M |
| ARMArm |
$281.9 |
$281.95 |
+0.021% |
— |
— |
+16.5% 多付 |
— |
0.080% |
-3.12% |
$2.8M |
$2.8M |
| DELLDell |
$452.32 |
$452.06 |
-0.135% |
— |
— |
-7.1% 空付 |
— |
0.096% |
+1.11% |
$2.7M |
$3.3M |
| LLYEli Lilly |
$1,179 |
$1,178.5 |
-0.111% |
— |
— |
-54.7% 空付 |
— |
0.161% |
-1.48% |
$2.2M |
$3.1M |
| BBBlackBerry |
$9.244 |
$9.255 |
+0.113% |
— |
— |
+50.5% 多付 |
— |
0.352% |
+4.18% |
$2.0M |
$11.8M |
| TSMTSMC |
$420.48 |
$420.55 |
+0.009% |
— |
— |
+5.5% 多付 |
— |
0.066% |
-0.32% |
$1.9M |
$15.2M |
| SOXLSOXL |
$140.28 |
$140.45 |
+0.065% |
— |
— |
+178.2% 多付 |
— |
0.216% |
+1.59% |
$1.5M |
$792K |
| XLEEnergy Select Sector SPDR Fund |
$57.19 |
$57.096 |
-0.175% |
— |
— |
-1.3% 空付 |
— |
0.421% |
-1.53% |
$1.5M |
$1.8M |
| BOTBOT |
$28.276 |
$28.354 |
+0.172% |
— |
— |
+86.9% 多付 |
— |
1.078% |
-0.42% |
$1.4M |
$3.6M |
| PURRDATPURRDAT |
$6.748 |
$6.765 |
+0.186% |
— |
— |
+74.2% 多付 |
— |
0.798% |
-0.43% |
$1.4M |
$5.9M |
| NFLXNetflix |
$74.178 |
$74.196 |
+0.043% |
— |
— |
+6.8% 多付 |
— |
0.219% |
+1.14% |
$1.3M |
$4.7M |
| BABAAlibaba |
$129.42 |
$129.46 |
+0.042% |
— |
— |
+15.7% 多付 |
— |
0.070% |
+2.15% |
$1.3M |
$9.6M |
| WDCWestern Digital |
$435.09 |
$435.42 |
+0.050% |
— |
— |
+17.2% 多付 |
— |
0.240% |
-5.40% |
$1.3M |
$2.4M |
| HIMSHims |
$31.536 |
$31.536 |
+0.054% |
— |
— |
+5.5% 多付 |
— |
0.501% |
+4.54% |
$1.2M |
$3.1M |
| MINIMAXMINIMAX |
$42.867 |
$42.743 |
-0.293% |
— |
— |
+13.8% 多付 |
— |
0.336% |
+0.33% |
$1.1M |
$11.5M |
| ZHIPUZHIPU |
$162.97 |
$162.8 |
-0.233% |
— |
— |
+39.6% 多付 |
— |
0.254% |
+2.71% |
$1.0M |
$5.1M |
| NOWServiceNow |
$125.99 |
$126.21 |
+0.253% |
— |
— |
+76.1% 多付 |
— |
0.370% |
+4.37% |
$1.0M |
$1.7M |
| LYTELYTE |
$27.453 |
$27.634 |
+0.207% |
— |
— |
+56.2% 多付 |
— |
1.992% |
+5.38% |
$1.0M |
$1.4M |
| QNTQuantinuum |
$58.113 |
$58.118 |
-0.055% |
— |
— |
-58.3% 空付 |
— |
0.462% |
-1.63% |
$961K |
$1.3M |
| ASMLASML |
$1,734.7 |
$1,734.7 |
-0.029% |
— |
— |
-7.3% 空付 |
— |
0.112% |
-0.41% |
$934K |
$1.9M |
| KORUKORU |
$17.045 |
$17.101 |
+0.299% |
— |
— |
+152.4% 多付 |
— |
0.240% |
-0.21% |
$869K |
$160K |
| DKNGDraftKings |
$23.924 |
$23.924 |
-0.204% |
— |
— |
-102.3% 空付 |
— |
0.926% |
+10.90% |
$861K |
$397K |
| AVGOBroadcom |
$426.88 |
$427.09 |
+0.036% |
-0.75% |
+0.79% |
+21.2% 多付 |
— |
0.124% |
+0.81% |
$756K |
$2.8M |
| USARUSA Rare Earth |
$19.44 |
$19.44 |
+0.061% |
— |
— |
-34.2% 空付 |
— |
0.338% |
+5.87% |
$729K |
$1.3M |
| GEVGEV |
$990.58 |
$991.54 |
+0.386% |
— |
— |
+152.5% 多付 |
— |
1.653% |
-1.32% |
$707K |
$32K |
| SHAZSHAZ |
$49.987 |
$50.343 |
+0.670% |
— |
— |
+275.0% 多付 |
— |
0.969% |
-8.73% |
$560K |
$3.2M |
| QCOMQCOM |
$167.82 |
$167.93 |
+0.024% |
— |
— |
+39.4% 多付 |
— |
0.137% |
+3.62% |
$440K |
$3.7M |
| NOKNOK |
$9.412 |
$9.416 |
+0.012% |
— |
— |
+5.5% 多付 |
— |
0.492% |
-1.10% |
$421K |
$947K |
| SMHVanEck Semiconductor ETF |
$582.76 |
$582.76 |
+0.109% |
— |
— |
+18.4% 多付 |
— |
0.692% |
+0.59% |
$382K |
$1.6M |
| BIRDBIRD |
$2.523 |
$2.53 |
+0.543% |
— |
— |
+134.3% 多付 |
— |
1.389% |
+6.98% |
$339K |
$70K |
| AMATAMAT |
$539.99 |
$541.03 |
+0.175% |
— |
— |
+89.9% 多付 |
— |
0.380% |
+0.94% |
$309K |
$720K |
| GMEGameStop |
$19.195 |
$19.225 |
-0.066% |
— |
— |
-15.4% 空付 |
— |
0.677% |
-0.08% |
$261K |
$1.2M |
| URNMURNM |
$55.099 |
$55.486 |
+0.949% |
— |
— |
+128.5% 多付 |
— |
0.971% |
+2.66% |
$247K |
$1.1M |
| NCLDNCLD |
$22.889 |
$22.849 |
-0.836% |
— |
— |
-396.0% 空付 |
— |
6.193% |
-0.31% |
$204K |
$33K |
| BXBlackstone |
$136.79 |
$136.9 |
+0.064% |
— |
— |
+5.5% 多付 |
— |
0.241% |
+2.18% |
$168K |
$559K |
| ZMZoom |
$104.45 |
$104.52 |
+0.075% |
— |
— |
+25.7% 多付 |
— |
0.718% |
+2.51% |
$157K |
$325K |
| RIVNRivian |
$16.094 |
$16.081 |
-0.320% |
— |
— |
-177.9% 空付 |
— |
0.635% |
+3.50% |
$148K |
$663K |
| GIGADEVGIGADEV |
$61.001 |
$61.177 |
+0.444% |
— |
— |
+326.7% 多付 |
— |
1.114% |
+0.45% |
$110K |
$2.3M |
| EBAYeBay |
$111.88 |
$111.91 |
-0.060% |
— |
— |
-19.1% 空付 |
— |
0.499% |
+0.41% |
$90K |
$267K |
| COSTCostco |
$947.15 |
$946.87 |
-0.088% |
— |
— |
-25.0% 空付 |
— |
0.401% |
-0.16% |
$35K |
$278K |
| 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