链上美股盘口
𝕏TG

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 92 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。

盘前交易距下次开盘 1 小时 5 分 · 美股没开，但链上还在定价——这段时间的价差最值得看
覆盖美股
92
永续 24h 成交额
$1.56B
未平仓 OI
$2.40B
全市场加权溢价
+0.02%
平均资金费(年化)
+24.8%
更新于
4 分钟前
🔺 永续溢价最高
+0.13%
Circle（CRCL）链上买盘把价格顶到真股之上
🔻 折价最深
-0.10%
BlackBerry（BB）链上比真股更便宜
💸 资金费最贵(年化)
+46%
BlackBerry · 做多每小时倒贴空头
⚖️ 跨场价差最大
-0.45%
GameStop · 永续与现货定价分歧，潜在套利
Pre-IPO 私司 · 市场隐含估值看全部与风险提示 →
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
SP500指数标普500 $7,701.2 $7,701.4 +0.004% — — +5.5% 多付 0.005% -0.14% $306.1M $360.9M
XYZ100指数纳斯达克100 $30,413 $30,412 -0.002% — — +5.5% 多付 0.003% -0.02% $290.4M $193.1M
SPCXSpaceX(trade.xyz) $146.99 $147.06 +0.054% — — +16.0% 多付 0.013% -1.83% $106.5M $121.0M
NVDANVIDIA $230.7 $230.73 +0.016% -0.08% +0.10% +5.5% 多付 0.006% +0.79% $104.6M $149.2M
METAMeta $725 $725.31 +0.049% +0.24% -0.19% +12.6% 多付 0.015% -0.78% $94.7M $81.2M
SNDKSanDisk $1,729.8 $1,730.2 +0.013% — — +10.8% 多付 0.014% +0.16% $78.9M $121.4M
INTCIntel $116.89 $116.92 +0.028% -0.12% +0.15% +6.8% 多付 0.012% -2.67% $76.0M $100.4M
SOXLSOXL $147.48 $147.45 -0.052% — — +5.5% 多付 0.021% +1.56% $69.0M $21.6M
MUMicron $1,069.2 $1,069.8 +0.061% — — +19.6% 多付 0.009% +0.27% $56.2M $158.9M
SKHYSKHY $184.73 $184.69 -0.029% — — +5.5% 多付 0.017% -0.12% $50.5M $189.2M
TSLATesla $359.12 $359.32 +0.050% -0.08% +0.13% +18.5% 多付 0.014% -2.98% $26.4M $51.2M
AMDAMD $616.06 $616.12 +0.004% — — +14.2% 多付 0.005% -0.98% $23.8M $16.5M
CRCLCircle $87.321 $87.394 +0.126% +0.07% +0.06% +31.4% 多付 0.011% +0.23% $23.6M $116.4M
AAPLApple $337.13 $337.13 -0.003% -0.12% +0.12% +5.5% 多付 0.013% -0.80% $21.5M $35.8M
GOOGLAlphabet $343.24 $343.42 +0.050% +0.32% -0.27% +9.2% 多付 0.013% +0.66% $19.0M $111.8M
MSTRMicroStrategy $160.97 $161.01 +0.059% -0.16% +0.22% +5.5% 多付 0.017% +2.18% $14.4M $48.7M
NBISNebius $234.82 $234.84 +0.005% — — +8.6% 多付 0.050% +0.63% $13.0M $30.7M
MSFTMicrosoft $509.26 $509.29 +0.020% -0.09% +0.11% +5.5% 多付 0.013% -0.93% $12.7M $23.4M
HOODRobinhood $119.02 $119.07 +0.044% +0.18% -0.14% +36.3% 多付 0.044% +1.39% $11.7M $36.4M
CXMTCXMT $8.436 $8.442 +0.077% — — +24.7% 多付 0.078% +3.15% $11.2M $34.1M
ORCLOracle $132.79 $132.89 +0.078% — — +16.1% 多付 0.039% +0.08% $10.5M $29.1M
KORUKORU $21.157 $21.151 -0.026% — — -18.6% 空付 0.068% +2.67% $10.5M $2.9M
RKLBRocket Lab $73.13 $73.146 +0.016% — — +28.0% 多付 — 0.046% -0.19% $10.5M $17.7M
AMZNAmazon $246.98 $247.13 +0.067% -0.04% +0.11% +16.1% 多付 — 0.020% -0.19% $10.1M $29.4M
MRVLMarvell $255.67 $255.66 -0.024% — — +5.5% 多付 — 0.023% -0.62% $9.3M $11.9M
CBRSCoreCard $200.38 $200.38 -0.044% — — +5.7% 多付 — 0.066% -2.17% $7.3M $40.9M
BBBlackBerry $8.85 $8.85 -0.102% — — +46.2% 多付 — 0.048% +9.46% $6.7M $14.3M
COINCoinbase $196.26 $196.37 +0.075% +0.20% -0.13% +11.7% 多付 — 0.050% +0.49% $6.6M $12.9M
PURRDATPURRDAT $12.4 $12.401 +0.144% — — +5.5% 多付 — 0.136% -2.06% $5.5M $16.2M
UNITREEUNITREE $67.982 $68.028 +0.067% — — +36.4% 多付 — 0.081% -1.46% $5.2M $19.6M
LITELumentum $933 $933 -0.043% — — +5.5% 多付 — 0.035% -0.11% $4.8M $10.3M
PLTRPalantir $187.86 $187.8 -0.039% -0.34% +0.30% -4.6% 空付 — 0.037% +0.11% $4.6M $12.2M
LLYEli Lilly $1,188.8 $1,189.6 +0.049% — — +35.5% 多付 — 0.079% +0.51% $4.4M $11.1M
BEBE $271.43 $271.52 +0.016% — — +18.9% 多付 — 0.074% -3.50% $4.4M $6.4M
ARMArm $289.33 $289.41 +0.028% — — +26.1% 多付 — 0.050% -4.33% $4.1M $6.4M
CRWVCoreWeave $85.85 $85.816 -0.051% — — -20.8% 空付 — 0.037% +0.01% $3.9M $7.9M
MRNAMRNA $195.63 $195.68 +0.021% — — +11.9% 多付 — 0.070% +0.86% $3.8M $2.2M
TSMTSMC $453.8 $453.8 -0.016% — — +5.5% 多付 — 0.028% +1.31% $3.0M $8.9M
GMEGameStop $24.01 $24.01 -0.053% +0.40% -0.45% +19.1% 多付 — 0.062% +3.23% $3.0M $2.8M
IRENIREN $42.34 $42.34 +0.003% — — +5.5% 多付 — 0.125% -2.67% $1.7M $3.8M
ZHIPUZHIPU $78.114 $78.147 +0.074% — — +5.5% 多付 — 0.087% -1.28% $1.7M $22.0M
MINIMAXMINIMAX $30.868 $30.87 -0.000% — — +25.4% 多付 — 0.087% -2.65% $1.7M $4.1M
AVGOBroadcom $353.35 $353.54 +0.069% — — +33.7% 多付 — 0.051% +0.54% $1.7M $14.2M
STRCSTRC $99.32 $99.3 -0.028% — — -3.6% 空付 — 0.048% +0.72% $1.7M $11.2M
NFLXNetflix $70.16 $70.216 +0.073% — — +27.8% 多付 — 0.030% -2.47% $1.6M $6.1M
AAOIAAOI $97.68 $97.632 -0.049% — — +5.5% 多付 — 0.131% -2.26% $1.6M $1.9M
WDCWestern Digital $459.04 $459.04 -0.046% — — +11.2% 多付 — 0.134% +2.30% $1.6M $1.8M
DELLDell $549.09 $549.09 -0.005% — — +5.5% 多付 — 0.078% -0.16% $1.4M $6.3M
QCOMQCOM $189.02 $189.09 +0.085% — — +38.4% 多付 — 0.105% -5.12% $1.3M $5.9M
BABAAlibaba $108.64 $108.72 +0.079% — — +18.6% 多付 — 0.044% -1.26% $1.2M $12.2M
AMATAMAT $497.03 $497.11 +0.009% — — +5.5% 多付 — 0.057% +3.97% $1.2M $2.0M
SHEINSHEIN $4.105 $4.107 +0.354% — — +171.0% 多付 — 0.910% -9.29% $1.1M $581K
BMNRBMNR $27.635 $27.683 +0.214% — — +64.6% 多付 — 0.170% +1.17% $1.1M $2.8M
HIMSHims $29.05 $29.05 +0.030% — — +10.3% 多付 — 0.096% -0.24% $1.1M $3.1M
USARUSA Rare Earth $14.64 $14.66 +0.184% — — +56.2% 多付 — 0.119% -2.46% $1.0M $4.3M
QNTQuantinuum $49.755 $49.847 +0.118% — — +132.0% 多付 — 0.378% +1.68% $995K $1.5M
SMHVanEck Semiconductor ETF $606.94 $606.96 +0.008% — — +5.5% 多付 — 0.091% +0.73% $866K $3.3M
NOKNOK $10.345 $10.346 +0.028% — — +10.0% 多付 — 0.038% +0.84% $865K $1.8M
URNMURNM $48.73 $48.718 -0.018% — — +5.5% 多付 — 0.192% +0.07% $628K $1.6M
COSTCostco $919.04 $918.89 -0.051% — — -8.3% 空付 — 0.070% -0.57% $558K $672K
NETNET $353.99 $353.99 -0.034% — — +5.5% 多付 — 0.621% +3.33% $514K $607K
ASMLASML $1,805.1 $1,805.4 +0.013% — — +5.5% 多付 — 0.038% +3.94% $483K $2.4M
GIGADEVGIGADEV $54.92 $55.209 +0.510% — — +250.8% 多付 — 1.238% +3.25% $437K $694K
NOWServiceNow $131.23 $131.34 +0.111% — — +36.0% 多付 — 0.279% -1.99% $419K $1.7M
CRWDCrowdStrike $258.8 $258.85 +0.081% — — +19.0% 多付 — 0.196% +3.72% $385K $1.2M
OURAOURA $49.119 $49.399 +0.859% — — +6.0% 多付 — 0.875% +1.34% $381K $614K
BOTBOT $27.061 $27.203 +0.430% — — +287.7% 多付 — 0.696% -5.04% $345K $2.7M
ZMZoom $87.3 $87.509 +0.289% — — +125.3% 多付 — 0.432% -2.20% $336K $424K
IBMIBM $221.22 $221.24 +0.033% — — +5.5% 多付 — 0.065% -1.26% $333K $1.7M
TLTTLT $78.799 $78.799 +0.072% — — +12.1% 多付 — 0.398% -0.23% $329K $1.0M
SNXXSNXX $16.565 $16.565 -0.065% — — +5.5% 多付 — 0.178% -0.02% $310K $172K
NCLDNCLD $23.885 $23.845 -0.165% — — -118.7% 空付 — 0.650% -1.08% $294K $528K
DKNGDraftKings $21.27 $21.26 -0.056% — — +5.5% 多付 — 0.245% -2.52% $294K $922K
EBAYeBay $107.64 $107.69 +0.082% — — +23.6% 多付 — 0.568% +0.05% $232K $220K
BXBlackstone $115.5 $115.55 +0.032% — — +43.3% 多付 — 0.153% -1.34% $216K $594K
MAGSMAGS $71.855 $71.821 -0.042% — — +5.5% 多付 — 0.340% -0.81% $183K $772K
RIVNRivian $14.89 $14.888 +0.052% — — +21.0% 多付 — 0.281% -2.87% $174K $565K
XLEEnergy Select Sector SPDR Fund $61.55 $61.55 +0.008% — — +5.5% 多付 — 0.099% -2.07% $172K $1.6M
SHAZSHAZ $54.061 $54.061 +0.124% — — +6.0% 多付 — 0.347% +1.41% $152K $592K
RDDTRDDT $145.24 $145.31 +0.144% — — +52.0% 多付 — 0.288% -2.98% $129K $277K
GEVGEV $959.51 $959.65 +0.032% — — +5.5% 多付 — 0.411% +1.24% $90K $412K
LYTELYTE $24.209 $24.209 +0.037% — — -117.7% 空付 — 0.858% -0.51% $64K $446K
XBIXBI $156.73 $156.72 +0.041% — — +5.5% 多付 — 0.899% +1.25% $63K $103K
CVXChevron $204.05 $204.43 +0.034% — — +48.1% 多付 — 0.648% -2.65% $60K $69K
BIRDBIRD $2.334 $2.344 +0.314% — — +151.3% 多付 — 2.211% -1.21% $49K $77K
KSTRKSTR $22.938 $22.969 +0.095% — — +110.9% 多付 — 0.798% +1.63% $33K $67K
IBIDENIBIDEN $70.516 $70.516 0.000% — — 0.0% — — -0.01% $0 $0
YMTCYMTC $10 $10 0.000% — — 0.0% — — 0.00% $0 $0
HOHO $4.88 $4.88 0.000% — — 0.0% — — 0.00% $0 $0
LRCXLRCX $300.13 $300.13 0.000% — — 0.0% — — 0.00% $0 $0
UMCUMC $24.31 $24.31 0.000% — — 0.0% — — 0.00% $0 $0
CAMBRICONCAMBRICON $151.5 $151.5 0.000% — — 0.0% — — 0.00% $0 $0