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 47 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
+0.25%
Marvell（MRVL）链上买盘把价格顶到真股之上
🔻 折价最深
-0.11%
Eli Lilly（LLY）链上比真股更便宜
💸 资金费最贵(年化)
+125%
Micron · 做多每小时倒贴空头
⚖️ 跨场价差最大
+0.92%
Apple · 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) |
$133.26 |
$133.22 |
-0.027% |
— |
— |
-62.7% 空付 |
|
0.024% |
+10.89% |
$457.7M |
$252.3M |
| SP500指数标普500 |
$7,744.4 |
$7,744.4 |
+0.002% |
— |
— |
+5.5% 多付 |
|
0.004% |
+0.04% |
$201.1M |
$464.7M |
| MUMicron |
$880.66 |
$881.52 |
+0.095% |
— |
— |
+124.6% 多付 |
|
0.019% |
-0.61% |
$176.4M |
$192.4M |
| SNDKSanDisk |
$1,216.4 |
$1,216.7 |
+0.022% |
— |
— |
+67.2% 多付 |
|
0.011% |
-3.80% |
$149.3M |
$129.4M |
| XYZ100指数纳斯达克100 |
$29,682 |
$29,682 |
-0.003% |
— |
— |
+5.5% 多付 |
|
0.007% |
-0.01% |
$133.8M |
$185.9M |
| INTCIntel |
$101.41 |
$101.56 |
+0.143% |
— |
— |
+93.6% 多付 |
|
0.023% |
-0.72% |
$79.5M |
$54.6M |
| PLTRPalantir |
$170.96 |
$170.98 |
+0.012% |
-0.44% |
+0.45% |
+5.5% 多付 |
|
0.057% |
+3.91% |
$68.7M |
$40.4M |
| SKHYSKHY |
$138.51 |
$138.63 |
+0.083% |
— |
— |
+229.3% 多付 |
|
0.011% |
-0.91% |
$43.2M |
$102.8M |
| NVDANVIDIA |
$223.91 |
$224.05 |
+0.091% |
+0.07% |
+0.02% |
+6.6% 多付 |
|
0.015% |
+0.79% |
$30.3M |
$167.0M |
| ORCLOracle |
$146.46 |
$146.56 |
+0.081% |
— |
— |
+6.8% 多付 |
|
0.049% |
+0.74% |
$29.7M |
$33.1M |
| CRCLCircle |
$67.101 |
$67.145 |
+0.060% |
+0.24% |
-0.18% |
+5.5% 多付 |
|
0.034% |
+0.32% |
$20.1M |
$42.8M |
| TSLATesla |
$329.72 |
$329.88 |
+0.050% |
+0.23% |
-0.18% |
+11.0% 多付 |
|
0.022% |
+1.08% |
$19.9M |
$35.4M |
| MSFTMicrosoft |
$499.08 |
$499 |
-0.026% |
-0.43% |
+0.40% |
+5.5% 多付 |
|
0.028% |
-0.02% |
$16.5M |
$53.1M |
| GOOGLAlphabet |
$355.42 |
$355.4 |
-0.006% |
+0.32% |
-0.33% |
+5.5% 多付 |
|
0.024% |
-0.19% |
$15.5M |
$125.3M |
| NBISNebius |
$190.21 |
$190.23 |
-0.002% |
— |
— |
+29.1% 多付 |
|
0.107% |
+1.19% |
$15.4M |
$31.8M |
| MRVLMarvell |
$218.43 |
$218.99 |
+0.252% |
— |
— |
+121.7% 多付 |
|
0.039% |
-0.05% |
$14.9M |
$29.9M |
| AAPLApple |
$312.2 |
$312.27 |
+0.017% |
-0.90% |
+0.92% |
+5.5% 多付 |
|
0.036% |
+0.19% |
$14.1M |
$38.9M |
| CBRSCoreCard |
$227.59 |
$227.72 |
+0.028% |
— |
— |
+32.7% 多付 |
|
0.093% |
+8.19% |
$12.9M |
$51.1M |
| MSTRMicroStrategy |
$101.36 |
$101.39 |
+0.035% |
+0.79% |
-0.75% |
+40.1% 多付 |
|
0.029% |
-2.14% |
$10.4M |
$22.1M |
| AMDAMD |
$481.11 |
$481.48 |
+0.073% |
— |
— |
+54.7% 多付 |
|
0.051% |
-1.67% |
$8.8M |
$12.6M |
| LITELumentum |
$895.23 |
$896.19 |
+0.124% |
— |
— |
+77.9% 多付 |
|
0.091% |
+2.71% |
$8.5M |
$5.7M |
| IBMIBM |
$237.15 |
$237.15 |
-0.026% |
— |
— |
+11.6% 多付 |
|
0.121% |
+0.41% |
$7.6M |
$9.8M |
| METAMeta |
$591.9 |
$591.66 |
-0.055% |
— |
— |
+3.2% 多付 |
— |
0.037% |
+0.34% |
$7.4M |
$45.7M |
| CXMTCXMT |
$7.193 |
$7.227 |
+0.414% |
— |
— |
+167.8% 多付 |
— |
0.164% |
-1.82% |
$5.5M |
$65.9M |
| RKLBRocket Lab |
$83.365 |
$83.37 |
+0.027% |
— |
— |
+5.5% 多付 |
— |
0.154% |
+5.82% |
$4.7M |
$4.8M |
| COINCoinbase |
$153.89 |
$154.04 |
+0.087% |
0.00% |
+0.09% |
+18.8% 多付 |
— |
0.074% |
+2.41% |
$4.7M |
$12.5M |
| UNITREEUNITREE |
$84.614 |
$84.859 |
+0.197% |
— |
— |
+1.5% 多付 |
— |
0.614% |
-3.67% |
$3.8M |
$7.0M |
| AMZNAmazon |
$274.08 |
$274.18 |
+0.043% |
-0.09% |
+0.13% |
+5.5% 多付 |
— |
0.038% |
-0.85% |
$3.4M |
$27.7M |
| HOODRobinhood |
$94.025 |
$94.075 |
+0.052% |
+0.34% |
-0.29% |
+21.9% 多付 |
— |
0.060% |
-0.33% |
$3.2M |
$16.5M |
| STRCSTRC |
$94.95 |
$94.95 |
+0.087% |
— |
— |
+33.7% 多付 |
— |
0.220% |
+0.47% |
$3.2M |
$11.7M |
| BEBE |
$221.18 |
$221.81 |
+0.297% |
— |
— |
+170.0% 多付 |
— |
0.178% |
-7.81% |
$2.7M |
$2.3M |
| CRWVCoreWeave |
$91.43 |
$91.58 |
+0.169% |
— |
— |
+115.5% 多付 |
— |
0.122% |
+4.07% |
$2.7M |
$4.7M |
| DELLDell |
$452.33 |
$452.9 |
+0.146% |
— |
— |
+62.8% 多付 |
— |
0.099% |
+2.25% |
$2.3M |
$3.3M |
| ARMArm |
$282.39 |
$282.47 |
+0.019% |
— |
— |
+54.3% 多付 |
— |
0.102% |
-5.44% |
$2.2M |
$2.8M |
| LLYEli Lilly |
$1,178.8 |
$1,178.3 |
-0.107% |
— |
— |
-38.6% 空付 |
— |
0.299% |
-1.09% |
$2.1M |
$3.1M |
| BBBlackBerry |
$9.244 |
$9.244 |
+0.030% |
— |
— |
+31.4% 多付 |
— |
0.438% |
+2.96% |
$1.7M |
$11.8M |
| TSMTSMC |
$420.49 |
$420.48 |
-0.013% |
— |
— |
+5.5% 多付 |
— |
0.085% |
-0.99% |
$1.6M |
$15.2M |
| XLEEnergy Select Sector SPDR Fund |
$57.181 |
$57.175 |
+0.033% |
— |
— |
-17.7% 空付 |
— |
0.231% |
-0.73% |
$1.4M |
$1.8M |
| SOXLSOXL |
$141.17 |
$141.65 |
+0.311% |
— |
— |
+212.0% 多付 |
— |
0.241% |
+0.04% |
$1.3M |
$772K |
| NFLXNetflix |
$74.184 |
$74.184 |
-0.003% |
— |
— |
+5.5% 多付 |
— |
0.076% |
+1.50% |
$1.3M |
$4.7M |
| BOTBOT |
$28.276 |
$28.245 |
-0.247% |
— |
— |
-73.7% 空付 |
— |
0.790% |
-1.69% |
$1.2M |
$3.6M |
| PURRDATPURRDAT |
$6.756 |
$6.76 |
+0.101% |
— |
— |
+66.5% 多付 |
— |
0.770% |
-1.46% |
$1.2M |
$5.9M |
| BABAAlibaba |
$129.49 |
$129.49 |
-0.008% |
— |
— |
+5.5% 多付 |
— |
0.073% |
+1.51% |
$1.2M |
$9.6M |
| HIMSHims |
$31.584 |
$31.611 |
+0.207% |
— |
— |
+60.5% 多付 |
— |
0.582% |
+4.62% |
$1.1M |
$3.1M |
| WDCWestern Digital |
$435.87 |
$436.54 |
+0.125% |
— |
— |
+71.4% 多付 |
— |
0.246% |
-4.48% |
$1.1M |
$2.4M |
| NOWServiceNow |
$126.5 |
$126.61 |
+0.051% |
— |
— |
+33.8% 多付 |
— |
0.244% |
+3.78% |
$1.1M |
$1.8M |
| LYTELYTE |
$27.531 |
$27.411 |
-0.462% |
— |
— |
+193.7% 多付 |
— |
2.051% |
+4.49% |
$1.0M |
$1.4M |
| QNTQuantinuum |
$58.125 |
$58.137 |
-0.029% |
— |
— |
+5.5% 多付 |
— |
0.492% |
-2.72% |
$903K |
$1.3M |
| ZHIPUZHIPU |
$163.05 |
$163.2 |
+0.164% |
— |
— |
+121.5% 多付 |
— |
0.497% |
+2.55% |
$826K |
$5.1M |
| ASMLASML |
$1,736.2 |
$1,736.9 |
+0.040% |
— |
— |
+16.6% 多付 |
— |
0.173% |
-1.20% |
$819K |
$1.9M |
| AVGOBroadcom |
$426.94 |
$426.86 |
-0.033% |
-0.75% |
+0.72% |
+5.5% 多付 |
— |
0.126% |
-0.47% |
$729K |
$2.8M |
| GEVGEV |
$990.58 |
$994.63 |
+0.370% |
— |
— |
+174.6% 多付 |
— |
1.367% |
-1.01% |
$707K |
$32K |
| USARUSA Rare Earth |
$19.536 |
$19.613 |
+0.417% |
— |
— |
+160.4% 多付 |
— |
0.194% |
+6.09% |
$668K |
$1.3M |
| MINIMAXMINIMAX |
$42.734 |
$42.758 |
+0.062% |
— |
— |
+3.8% 多付 |
— |
0.507% |
+1.88% |
$589K |
$11.5M |
| SHAZSHAZ |
$49.907 |
$49.877 |
-0.193% |
— |
— |
-62.0% 空付 |
— |
0.826% |
-8.25% |
$546K |
$3.1M |
| KORUKORU |
$17.159 |
$17.21 |
+0.413% |
— |
— |
+309.2% 多付 |
— |
0.551% |
-5.34% |
$478K |
$164K |
| DKNGDraftKings |
$23.982 |
$24.064 |
+0.138% |
— |
— |
+157.7% 多付 |
— |
0.871% |
+5.33% |
$452K |
$392K |
| QCOMQCOM |
$167.98 |
$168.05 |
+0.036% |
— |
— |
+29.2% 多付 |
— |
0.153% |
+3.04% |
$365K |
$3.7M |
| NOKNOK |
$9.418 |
$9.427 |
+0.161% |
— |
— |
+66.7% 多付 |
— |
0.502% |
-1.60% |
$337K |
$948K |
| AMATAMAT |
$540.19 |
$540.11 |
-0.127% |
— |
— |
+5.5% 多付 |
— |
0.359% |
+0.18% |
$269K |
$735K |
| SMHVanEck Semiconductor ETF |
$582.76 |
$583.65 |
+0.168% |
— |
— |
+74.1% 多付 |
— |
0.805% |
+0.09% |
$262K |
$1.6M |
| BIRDBIRD |
$2.528 |
$2.533 |
+0.404% |
— |
— |
+186.0% 多付 |
— |
1.462% |
+5.15% |
$247K |
$70K |
| GMEGameStop |
$19.196 |
$19.221 |
+0.019% |
— |
— |
+0.0% 多付 |
— |
0.447% |
+0.04% |
$240K |
$1.2M |
| URNMURNM |
$55.321 |
$55.329 |
-0.278% |
— |
— |
-87.0% 空付 |
— |
1.154% |
+1.86% |
$239K |
$1.1M |
| BXBlackstone |
$136.71 |
$136.62 |
-0.141% |
— |
— |
-55.4% 空付 |
— |
0.548% |
+1.65% |
$170K |
$559K |
| NCLDNCLD |
$22.889 |
$22.849 |
-0.473% |
— |
— |
-402.7% 空付 |
— |
5.138% |
-2.19% |
$152K |
$33K |
| RIVNRivian |
$16.08 |
$16.035 |
-0.467% |
— |
— |
-142.6% 空付 |
— |
0.765% |
+2.39% |
$146K |
$661K |
| ZMZoom |
$104.51 |
$104.63 |
+0.288% |
— |
— |
+85.7% 多付 |
— |
0.443% |
+1.78% |
$144K |
$325K |
| GIGADEVGIGADEV |
$61.001 |
$61.099 |
+0.107% |
— |
— |
+75.5% 多付 |
— |
1.217% |
-0.49% |
$94K |
$2.3M |
| EBAYeBay |
$111.86 |
$111.75 |
-0.150% |
— |
— |
-62.4% 空付 |
— |
0.580% |
+0.55% |
$91K |
$263K |
| COSTCostco |
$947.15 |
$946.45 |
-0.120% |
— |
— |
-39.5% 空付 |
— |
0.429% |
+0.57% |
$18K |
$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