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。
盘后交易距下次开盘 16 小时 48 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
+0.23%
Lumentum（LITE）链上买盘把价格顶到真股之上
🔻 折价最深
-0.10%
SpaceX(trade.xyz)（SPCX）链上比真股更便宜
💸 资金费最贵(年化)
+56%
Lumentum · 做多每小时倒贴空头
⚖️ 跨场价差最大
-2.11%
Robinhood · 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) |
$137.2 |
$137.06 |
-0.098% |
— |
— |
-42.5% 空付 |
|
0.007% |
+0.54% |
$324.1M |
$252.4M |
| XYZ100指数纳斯达克100 |
$29,638 |
$29,634 |
-0.019% |
— |
— |
+5.5% 多付 |
|
0.003% |
-0.61% |
$323.6M |
$221.8M |
| SP500指数标普500 |
$7,751.6 |
$7,749.8 |
-0.024% |
— |
— |
+0.2% 多付 |
|
0.001% |
-0.28% |
$250.1M |
$478.0M |
| MUMicron |
$866.7 |
$866.84 |
+0.015% |
— |
— |
+5.5% 多付 |
|
0.013% |
-1.59% |
$230.4M |
$158.8M |
| SNDKSanDisk |
$1,240 |
$1,240 |
-0.016% |
— |
— |
+9.7% 多付 |
|
0.015% |
+0.65% |
$213.3M |
$131.2M |
| PLTRPalantir |
$173.95 |
$173.98 |
+0.011% |
+1.02% |
-1.01% |
+5.5% 多付 |
|
0.030% |
+0.22% |
$94.4M |
$12.5M |
| SKHYSKHY |
$135.45 |
$135.42 |
-0.048% |
— |
— |
+1.8% 多付 |
|
0.007% |
-3.31% |
$68.4M |
$98.3M |
| LITELumentum |
$819.27 |
$820.93 |
+0.231% |
— |
— |
+55.6% 多付 |
|
0.031% |
-9.66% |
$66.1M |
$44.0M |
| INTCIntel |
$97.843 |
$97.879 |
+0.039% |
— |
— |
+5.5% 多付 |
|
0.021% |
-4.32% |
$65.0M |
$42.2M |
| MRVLMarvell |
$209.82 |
$209.95 |
+0.053% |
— |
— |
+8.9% 多付 |
|
0.036% |
-5.51% |
$40.8M |
$51.3M |
| METAMeta |
$594.24 |
$594.39 |
+0.022% |
— |
— |
+5.5% 多付 |
|
0.006% |
-0.50% |
$38.1M |
$63.6M |
| AMZNAmazon |
$277.33 |
$277.25 |
-0.032% |
+0.18% |
-0.21% |
+5.5% 多付 |
|
0.022% |
+0.77% |
$36.4M |
$35.2M |
| NVDANVIDIA |
$219.14 |
$219.21 |
+0.037% |
-0.23% |
+0.27% |
+7.6% 多付 |
|
0.018% |
-2.79% |
$36.3M |
$166.3M |
| MSFTMicrosoft |
$505.23 |
$505.13 |
-0.020% |
+0.50% |
-0.52% |
-0.4% 空付 |
|
0.027% |
+1.01% |
$28.2M |
$53.7M |
| GOOGLAlphabet |
$356.54 |
$356.66 |
+0.038% |
-0.38% |
+0.42% |
+5.5% 多付 |
|
0.013% |
-0.65% |
$26.2M |
$129.4M |
| AAPLApple |
$307.46 |
$307.52 |
+0.063% |
+0.03% |
+0.03% |
+5.5% 多付 |
|
0.010% |
-1.61% |
$22.5M |
$38.8M |
| TSLATesla |
$330.36 |
$330.4 |
+0.015% |
-0.05% |
+0.07% |
+5.5% 多付 |
|
0.022% |
-0.30% |
$18.8M |
$37.8M |
| CRCLCircle |
$67.16 |
$67.16 |
+0.031% |
-0.27% |
+0.30% |
+5.5% 多付 |
|
0.031% |
-1.17% |
$17.2M |
$43.4M |
| SOXLSOXL |
$130.87 |
$130.93 |
+0.047% |
— |
— |
+5.5% 多付 |
|
0.065% |
-7.70% |
$17.0M |
$1.9M |
| CXMTCXMT |
$7.275 |
$7.266 |
-0.122% |
— |
— |
+0.0% |
|
0.224% |
-0.55% |
$14.2M |
$66.8M |
| MSTRMicroStrategy |
$97.29 |
$97.357 |
+0.066% |
+0.47% |
-0.40% |
+16.1% 多付 |
|
0.034% |
-5.29% |
$14.0M |
$23.4M |
| NBISNebius |
$185.25 |
$185.25 |
-0.063% |
— |
— |
+5.8% 多付 |
|
0.050% |
-4.35% |
$13.8M |
$30.1M |
| AMDAMD |
$470.86 |
$470.97 |
+0.024% |
— |
— |
+5.5% 多付 |
— |
0.003% |
-2.86% |
$10.9M |
$12.1M |
| RKLBRocket Lab |
$78.602 |
$78.635 |
+0.101% |
— |
— |
+5.5% 多付 |
— |
0.123% |
-8.16% |
$8.3M |
$5.0M |
| COINCoinbase |
$149.22 |
$149.23 |
+0.022% |
+0.05% |
-0.03% |
+5.5% 多付 |
— |
0.046% |
-3.72% |
$8.0M |
$12.7M |
| CBRSCoreCard |
$229.48 |
$229.34 |
-0.039% |
— |
— |
+5.0% 多付 |
— |
0.057% |
+0.76% |
$7.7M |
$51.7M |
| IBMIBM |
$235.84 |
$235.89 |
+0.036% |
— |
— |
+12.1% 多付 |
— |
0.036% |
-0.67% |
$6.8M |
$4.3M |
| ORCLOracle |
$150.53 |
$150.48 |
-0.050% |
— |
— |
-3.5% 空付 |
— |
0.032% |
+1.99% |
$6.8M |
$31.3M |
| ZHIPUZHIPU |
$164.21 |
$164 |
-0.055% |
— |
— |
-59.9% 空付 |
— |
0.147% |
+1.12% |
$6.3M |
$7.5M |
| MINIMAXMINIMAX |
$41.663 |
$41.687 |
+0.140% |
— |
— |
+136.4% 多付 |
— |
0.402% |
-3.20% |
$5.8M |
$12.1M |
| HIMSHims |
$31.588 |
$31.613 |
+0.061% |
— |
— |
+5.5% 多付 |
— |
0.635% |
-0.80% |
$4.7M |
$3.3M |
| HOODRobinhood |
$94.39 |
$94.412 |
+0.038% |
+2.15% |
-2.11% |
+5.5% 多付 |
— |
0.034% |
+0.03% |
$4.7M |
$16.9M |
| LLYEli Lilly |
$1,229.4 |
$1,229.6 |
+0.043% |
— |
— |
+5.5% 多付 |
— |
0.069% |
+3.88% |
$4.4M |
$4.7M |
| LYTELYTE |
$24.325 |
$24.427 |
+0.443% |
— |
— |
+124.2% 多付 |
— |
0.994% |
-11.81% |
$3.9M |
$3.0M |
| TSMTSMC |
$419.41 |
$419.77 |
+0.085% |
— |
— |
+5.5% 多付 |
— |
0.021% |
-0.31% |
$3.2M |
$15.6M |
| CRWVCoreWeave |
$88.417 |
$88.46 |
+0.078% |
— |
— |
+5.5% 多付 |
— |
0.050% |
-4.28% |
$2.9M |
$4.5M |
| BABAAlibaba |
$132.18 |
$132.26 |
+0.071% |
— |
— |
+5.5% 多付 |
— |
0.051% |
+2.04% |
$2.9M |
$8.7M |
| DELLDell |
$460.81 |
$460.66 |
-0.083% |
— |
— |
+5.5% 多付 |
— |
0.068% |
+1.48% |
$2.7M |
$3.5M |
| UNITREEUNITREE |
$83.323 |
$83.708 |
+0.474% |
— |
— |
+1.1% 多付 |
— |
0.242% |
-4.88% |
$2.6M |
$8.0M |
| AVGOBroadcom |
$422.2 |
$422.61 |
+0.079% |
+1.78% |
-1.70% |
+37.8% 多付 |
— |
0.055% |
-1.58% |
$2.2M |
$2.8M |
| NFLXNetflix |
$76.417 |
$76.427 |
+0.029% |
— |
— |
+8.0% 多付 |
— |
0.079% |
+3.21% |
$2.0M |
$4.9M |
| BEBE |
$211.78 |
$211.83 |
+0.065% |
— |
— |
+7.0% 多付 |
— |
0.076% |
-4.63% |
$1.7M |
$2.3M |
| PURRDATPURRDAT |
$6.57 |
$6.589 |
+0.397% |
— |
— |
+143.4% 多付 |
— |
0.324% |
-3.74% |
$1.7M |
$6.2M |
| ARMArm |
$268.46 |
$268.5 |
+0.098% |
— |
— |
+5.5% 多付 |
— |
0.076% |
-5.40% |
$1.5M |
$2.8M |
| KORUKORU |
$16.476 |
$16.481 |
+0.055% |
— |
— |
+5.5% 多付 |
— |
0.171% |
-6.73% |
$1.5M |
$366K |
| USARUSA Rare Earth |
$18.05 |
$18.079 |
+0.358% |
— |
— |
+5.5% 多付 |
— |
0.463% |
-9.54% |
$1.2M |
$1.4M |
| BBBlackBerry |
$8.84 |
$8.854 |
+0.211% |
— |
— |
+54.1% 多付 |
— |
0.203% |
-2.98% |
$1.1M |
$11.5M |
| WDCWestern Digital |
$439.11 |
$439.11 |
-0.046% |
— |
— |
+4.8% 多付 |
— |
0.141% |
+0.35% |
$1.1M |
$2.2M |
| AMATAMAT |
$524 |
$523.94 |
-0.021% |
— |
— |
+16.6% 多付 |
— |
0.216% |
-3.60% |
$1.0M |
$743K |
| STRCSTRC |
$94.425 |
$94.478 |
+0.047% |
— |
— |
+5.5% 多付 |
— |
0.119% |
-0.46% |
$993K |
$11.5M |
| NOWServiceNow |
$126.78 |
$126.95 |
+0.122% |
— |
— |
+46.5% 多付 |
— |
0.168% |
+0.75% |
$735K |
$1.9M |
| GIGADEVGIGADEV |
$58.721 |
$59.014 |
+0.142% |
— |
— |
+67.5% 多付 |
— |
1.960% |
-3.25% |
$704K |
$1.9M |
| ASMLASML |
$1,735.7 |
$1,736.1 |
+0.022% |
— |
— |
-20.2% 空付 |
— |
0.078% |
-0.91% |
$686K |
$1.9M |
| XLEEnergy Select Sector SPDR Fund |
$60.115 |
$60.115 |
+0.031% |
— |
— |
+5.5% 多付 |
— |
0.213% |
+4.83% |
$660K |
$1.3M |
| BOTBOT |
$27.335 |
$27.429 |
+0.426% |
— |
— |
+334.2% 多付 |
— |
0.521% |
-4.23% |
$640K |
$3.8M |
| NOKNOK |
$9.16 |
$9.16 |
+0.035% |
— |
— |
+12.0% 多付 |
— |
0.208% |
-2.43% |
$608K |
$1.2M |
| QNTQuantinuum |
$56.28 |
$56.729 |
+0.818% |
— |
— |
+17.4% 多付 |
— |
0.509% |
-2.73% |
$577K |
$1.2M |
| QCOMQCOM |
$162.41 |
$162.59 |
+0.129% |
— |
— |
+19.4% 多付 |
— |
0.088% |
-3.27% |
$556K |
$3.7M |
| GMEGameStop |
$18.81 |
$18.823 |
+0.005% |
— |
— |
+5.5% 多付 |
— |
0.299% |
-2.19% |
$547K |
$1.3M |
| BXBlackstone |
$141.38 |
$141.38 |
+0.000% |
— |
— |
-9.1% 空付 |
— |
0.099% |
+4.44% |
$443K |
$566K |
| DKNGDraftKings |
$24.285 |
$24.289 |
+0.009% |
— |
— |
+38.7% 多付 |
— |
0.402% |
-0.26% |
$387K |
$322K |
| SHAZSHAZ |
$52.656 |
$52.731 |
+0.160% |
— |
— |
-94.0% 空付 |
— |
0.623% |
+6.20% |
$272K |
$3.3M |
| SMHVanEck Semiconductor ETF |
$570.59 |
$570.57 |
-0.025% |
— |
— |
+5.5% 多付 |
— |
0.148% |
-2.77% |
$244K |
$1.4M |
| EBAYeBay |
$107.83 |
$107.93 |
+0.030% |
— |
— |
+82.8% 多付 |
— |
0.640% |
-2.72% |
$232K |
$267K |
| BIRDBIRD |
$2.569 |
$2.543 |
-1.253% |
— |
— |
-272.0% 空付 |
— |
2.499% |
+2.40% |
$191K |
$48K |
| RIVNRivian |
$16.345 |
$16.345 |
+0.015% |
— |
— |
+23.9% 多付 |
— |
0.379% |
+1.21% |
$181K |
$685K |
| ZMZoom |
$106.7 |
$107 |
+0.266% |
— |
— |
+84.2% 多付 |
— |
0.299% |
+0.38% |
$151K |
$356K |
| COSTCostco |
$950.74 |
$950.93 |
+0.060% |
— |
— |
+5.5% 多付 |
— |
0.181% |
+0.33% |
$65K |
$308K |
| URNMURNM |
$54.826 |
$54.767 |
-0.315% |
— |
— |
+20.7% 多付 |
— |
0.882% |
-1.75% |
$58K |
$1.1M |
| NCLDNCLD |
$22.39 |
$22.39 |
+0.702% |
— |
— |
+768.1% 多付 |
— |
3.648% |
-5.41% |
$53K |
$44K |
| GEVGEV |
$990.25 |
$989.92 |
-0.066% |
— |
— |
+28.1% 多付 |
— |
1.174% |
-0.28% |
$20K |
$44K |
| IBIDENIBIDEN |
$125.53 |
$125.53 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
| KSTRKSTR |
$24.9 |
$24.9 |
0.000% |
— |
— |
0.0% |
— |
— |
0.00% |
$0 |
$0 |
链上美股盘口