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 93 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 5 小时 3 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
93
永续 24h 成交额
$1.18B
未平仓 OI
$2.46B
全市场加权溢价
+0.04%
平均资金费(年化)
+21.8%
更新于
2 分钟前
🔺 永续溢价最高
+0.15%
MicroStrategy（MSTR）链上买盘把价格顶到真股之上
🔻 折价最深
-0.07%
VanEck Semiconductor ETF（SMH）链上比真股更便宜
💸 资金费最贵(年化)
+28%
Circle · 做多每小时倒贴空头
⚖️ 跨场价差最大
-0.98%
Intel · 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
XYZ100指数纳斯达克100 $30,389 $30,397 +0.032% — — +5.5% 多付 0.011% +0.23% $180.9M $212.9M
SP500指数标普500 $7,691.5 $7,692.7 +0.015% — — +5.5% 多付 0.001% +0.12% $171.9M $358.9M
NVDANVIDIA $228.63 $228.79 +0.076% -0.22% +0.30% +17.2% 多付 0.013% -0.94% $115.6M $163.3M
SNDKSanDisk $1,726.5 $1,727 +0.032% — — +9.7% 多付 0.011% -0.49% $86.9M $119.8M
METAMeta $738.34 $738.55 +0.032% -0.36% +0.39% +5.5% 多付 0.010% +3.07% $67.3M $74.7M
SPCXSpaceX(trade.xyz) $149.38 $149.38 -0.010% — — +5.5% 多付 0.007% +1.69% $55.4M $120.2M
CRCLCircle $83.76 $83.826 +0.088% -0.07% +0.16% +28.2% 多付 0.021% -3.42% $49.1M $144.8M
SKHYSKHY $186.44 $186.39 -0.020% — — -22.4% 空付 0.023% +0.91% $41.8M $192.1M
MUMicron $1,071.5 $1,072.1 +0.080% — — +14.6% 多付 0.022% -0.08% $41.5M $164.6M
INTCIntel $116.14 $116.18 +0.025% +1.00% -0.98% +7.9% 多付 0.016% -0.42% $31.4M $96.6M
SOXLSOXL $147.12 $147.14 +0.010% — — +5.5% 多付 0.007% +1.34% $28.2M $21.6M
HOODRobinhood $119.24 $119.26 +0.003% -0.21% +0.21% +24.1% 多付 0.037% +1.30% $26.3M $48.3M
AMDAMD $609.02 $609.1 +0.022% — — +5.5% 多付 0.030% -0.76% $22.6M $16.2M
CBRSCoreCard $188.74 $188.74 +0.048% — — -16.4% 空付 0.036% -5.51% $20.1M $40.6M
GOOGLAlphabet $342.23 $342.29 +0.036% +0.17% -0.13% +5.5% 多付 0.007% +0.01% $19.6M $106.1M
MSTRMicroStrategy $154.06 $154.14 +0.153% -0.05% +0.20% +14.1% 多付 0.006% -3.78% $18.6M $48.9M
TSLATesla $354.57 $354.8 +0.068% -0.12% +0.19% +13.8% 多付 0.016% -1.08% $17.1M $54.2M
AAPLApple $330.3 $330.32 +0.007% -0.17% +0.18% +5.5% 多付 0.014% -1.99% $16.1M $34.7M
ORCLOracle $138.71 $138.79 +0.082% — — +24.3% 多付 0.045% +4.26% $15.4M $27.0M
CXMTCXMT $8.309 $8.354 +0.605% — — +197.5% 多付 0.061% -1.03% $14.5M $33.2M
MSFTMicrosoft $509.59 $509.45 -0.050% +0.08% -0.13% +5.5% 多付 0.010% +0.31% $14.5M $23.3M
MRVLMarvell $262.98 $263.09 +0.067% — — +11.6% 多付 0.020% +3.15% $12.1M $12.1M
NBISNebius $241.17 $241.32 +0.076% — — +5.5% 多付 — 0.088% +2.35% $10.1M $29.1M
AMZNAmazon $247.07 $247.15 +0.034% -0.21% +0.24% +7.8% 多付 — 0.013% +0.29% $8.6M $30.9M
COINCoinbase $189.26 $189.28 +0.071% -0.32% +0.39% +5.5% 多付 — 0.033% -2.87% $8.2M $12.7M
KORUKORU $20.722 $20.722 -0.009% — — +5.5% 多付 — 0.068% -1.15% $7.9M $2.7M
BEBE $294.81 $294.83 +0.028% — — +5.5% 多付 — 0.085% +9.67% $7.0M $5.5M
MRNAMRNA $205.66 $205.71 +0.021% — — +5.5% 多付 — 0.061% +5.12% $6.2M $2.6M
CRWVCoreWeave $86.415 $86.415 -0.012% — — +5.5% 多付 — 0.045% +0.95% $5.5M $7.8M
STRCSTRC $98.814 $98.7 -0.116% — — -42.0% 空付 — 0.074% -0.50% $4.8M $11.9M
BBBlackBerry $8.68 $8.684 +0.098% — — +5.5% 多付 — 0.129% -0.98% $4.6M $14.1M
RKLBRocket Lab $70.144 $70.196 +0.089% — — +22.2% 多付 — 0.034% -3.22% $3.4M $17.5M
LITELumentum $977 $977.74 +0.128% — — +27.2% 多付 — 0.030% +4.87% $3.3M $9.8M
ZHIPUZHIPU $81.594 $81.532 -0.068% — — +5.5% 多付 — 0.087% +4.62% $3.1M $23.4M
PLTRPalantir $187.07 $187.04 -0.018% -0.33% +0.31% +5.5% 多付 — 0.025% -0.01% $2.9M $12.4M
UNITREEUNITREE $67.645 $67.777 +0.206% — — +39.9% 多付 — 0.070% -0.07% $2.8M $19.4M
ARMArm $294.8 $294.89 +0.093% — — +14.1% 多付 — 0.046% +2.47% $2.8M $6.5M
PURRDATPURRDAT $11.92 $11.94 +0.254% — — +69.1% 多付 — 0.329% -3.98% $2.6M $15.7M
TSMTSMC $455.45 $455.33 -0.028% — — +5.5% 多付 — 0.066% +0.87% $2.5M $9.0M
BABAAlibaba $108.51 $108.58 +0.074% — — +8.1% 多付 — 0.051% -0.05% $2.2M $12.2M
SMHVanEck Semiconductor ETF $607.96 $607.46 -0.070% — — -1.5% 空付 — 0.201% +0.47% $2.0M $1.7M
AVGOBroadcom $356.25 $356.56 +0.098% +1.57% -1.47% +31.5% 多付 — 0.050% +1.40% $1.8M $13.9M
AMATAMAT $510.64 $510.7 +0.097% — — +5.5% 多付 — 0.066% +3.91% $1.5M $1.8M
IRENIREN $41.695 $41.695 +0.073% — — +5.5% 多付 — 0.170% -1.53% $1.5M $3.7M
LLYEli Lilly $1,187.4 $1,188.3 +0.063% — — +41.5% 多付 — 0.079% -0.08% $1.4M $11.1M
WDCWestern Digital $452.96 $453.35 +0.102% — — +45.8% 多付 — 0.070% -0.67% $1.3M $2.0M
GMEGameStop $24.103 $24.129 +0.223% +0.26% -0.04% +5.5% 多付 — 0.080% +0.80% $1.3M $2.6M
MINIMAXMINIMAX $32.029 $31.959 -0.226% — — -150.3% 空付 — 0.112% +3.76% $1.1M $4.1M
NFLXNetflix $70.705 $70.73 +0.041% — — +11.6% 多付 — 0.057% +2.25% $1.1M $6.1M
HIMSHims $28.81 $28.823 +0.054% — — +5.5% 多付 — 0.060% -0.18% $1.1M $3.1M
DELLDell $540.5 $540.5 -0.013% — — +14.0% 多付 — 0.055% -0.99% $956K $6.1M
QCOMQCOM $183.92 $184.2 +0.148% — — +51.2% 多付 — 0.019% -2.59% $934K $6.4M
BMNRBMNR $26.59 $26.616 +0.107% — — +45.4% 多付 — 0.112% -3.47% $842K $2.5M
OURAOURA $49.857 $49.8 -0.441% — — -2.4% 空付 — 0.835% +5.82% $774K $618K
USARUSA Rare Earth $14.155 $14.18 +0.184% — — +85.6% 多付 — 0.128% -2.00% $770K $4.7M
SHEINSHEIN $3.944 $3.947 +0.368% — — +59.6% 多付 — 0.951% -2.18% $755K $516K
AAOIAAOI $101.01 $101.09 +0.133% — — +21.2% 多付 — 0.148% +3.79% $743K $1.6M
TLTTLT $78.7 $78.7 -0.043% — — +16.8% 多付 — 0.528% +0.20% $671K $1.2M
DKNGDraftKings $19.63 $19.641 +0.082% — — +5.5% 多付 — 0.091% -7.15% $566K $834K
QNTQuantinuum $48.89 $48.897 +0.127% — — -65.9% 空付 — 0.340% -2.36% $526K $1.5M
ASMLASML $1,837.4 $1,837.4 -0.005% — — +5.5% 多付 — 0.067% +2.08% $504K $2.4M
GIGADEVGIGADEV $52.95 $53.32 +0.520% — — +274.0% 多付 — 1.192% -3.02% $442K $675K
NOKNOK $10.32 $10.325 +0.014% — — +12.8% 多付 — 0.085% +2.16% $371K $1.6M
BXBlackstone $114.57 $114.58 +0.007% — — +14.4% 多付 — 0.199% -0.02% $290K $691K
XLEEnergy Select Sector SPDR Fund $61.565 $61.612 +0.085% — — +6.5% 多付 — 0.175% -0.68% $287K $1.5M
IBMIBM $220.58 $220.69 +0.032% — — +5.5% 多付 — 0.102% -0.43% $277K $1.7M
RIVNRivian $15.135 $15.12 -0.198% — — +21.8% 多付 — 0.248% +2.17% $242K $523K
COSTCostco $924.08 $923.82 -0.019% — — +5.5% 多付 — 0.106% +0.31% $229K $646K
CRWDCrowdStrike $264.2 $264.2 -0.012% — — +25.8% 多付 — 0.131% +1.67% $215K $1.2M
BOTBOT $26.647 $26.657 -0.048% — — +27.7% 多付 — 0.592% -1.97% $212K $2.8M
SHAZSHAZ $54.021 $54.01 -0.059% — — -23.7% 空付 — 0.526% +1.02% $199K $664K
NCLDNCLD $23.985 $23.969 -0.087% — — -89.6% 空付 — 1.186% +0.66% $146K $306K
SNXXSNXX $16.495 $16.495 +0.033% — — +19.8% 多付 — 0.129% -0.41% $145K $213K
RDDTRDDT $146.27 $146.17 -0.044% — — +5.5% 多付 — 0.297% +0.99% $135K $259K
GEVGEV $965.1 $966.1 +0.073% — — +21.1% 多付 — 0.369% +1.42% $134K $381K
NOWServiceNow $129.48 $129.68 +0.118% — — +25.8% 多付 — 0.213% -1.31% $124K $1.7M
URNMURNM $48.331 $48.281 -0.284% — — -113.1% 空付 — 0.669% +0.21% $105K $1.6M
MAGSMAGS $71.54 $71.607 +0.093% — — +41.1% 多付 — 0.337% +0.09% $88K $756K
ZMZoom $88.661 $88.661 -0.114% — — -13.3% 空付 — 0.322% +1.49% $88K $410K
LYTELYTE $24.59 $24.59 -0.004% — — +20.2% 多付 — 0.411% +1.85% $86K $440K
EBAYeBay $105.53 $105.52 -0.022% — — +5.5% 多付 — 0.452% -1.78% $81K $242K
NETNET $352.58 $353.36 +0.455% — — +204.5% 多付 — 0.626% +0.17% $78K $608K
XBIXBI $157.45 $157.53 +0.183% — — +32.3% 多付 — 0.189% +0.43% $47K $125K
CVXChevron $204.59 $204.59 +0.072% — — +136.0% 多付 — 0.668% -0.68% $33K $35K
KSTRKSTR $22.35 $22.35 +0.038% — — +69.5% 多付 — 0.914% -2.34% $24K $55K
BIRDBIRD $2.312 $2.32 +0.676% — — +323.8% 多付 — 2.654% -1.68% $18K $82K
IBIDENIBIDEN $70.746 $70.746 0.000% — — 0.0% — — 0.00% $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
TWSTTWST $182.5 $182.5 0.000% — — 0.0% — — 0.00% $0 $0