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 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 19 小时 57 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
73
永续 24h 成交额
$299.0M
未平仓 OI
$2.43B
全市场加权溢价
-0.04%
平均资金费(年化)
+13.9%
更新于
3 分钟前
🔺 永续溢价最高
+0.07%
Meta（META）链上买盘把价格顶到真股之上
🔻 折价最深
-0.20%
Circle（CRCL）链上比真股更便宜
💸 资金费最贵(年化)
-76%
Circle · 做空每小时倒贴多头
⚖️ 跨场价差最大
-1.70%
Circle · 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
SPCXSpaceX(trade.xyz) $136.35 $136.23 -0.095% — — -37.4% 空付 0.024% +1.69% $153.6M $265.2M
SP500指数标普500 $7,763.8 $7,763.8 -0.002% — — +5.5% 多付 0.017% +0.15% $39.5M $474.5M
XYZ100指数纳斯达克100 $29,777 $29,784 +0.022% — — +5.5% 多付 0.003% +0.27% $23.8M $186.8M
MUMicron $880.65 $880.83 +0.028% — — +5.5% 多付 0.015% -0.19% $9.2M $191.6M
SNDKSanDisk $1,224.2 $1,224.8 +0.046% — — +8.9% 多付 0.010% +0.53% $8.6M $128.5M
GOOGLAlphabet $357.76 $357.75 +0.001% +0.89% -0.89% +0.1% 多付 0.020% +0.54% $6.7M $127.8M
SKHYSKHY $139.27 $139.34 +0.054% — — +58.6% 多付 0.018% +0.01% $5.7M $102.2M
CXMTCXMT $7.329 $7.335 +0.123% — — +55.1% 多付 0.096% +0.86% $4.1M $67.1M
TSLATesla $331.05 $331.06 +0.001% +0.60% -0.60% +5.5% 多付 0.029% +0.08% $3.9M $36.8M
NVDANVIDIA $225.03 $225.11 +0.037% +0.52% -0.48% +5.6% 多付 0.024% +0.36% $3.9M $167.5M
MRVLMarvell $221.51 $221.43 -0.046% — — -8.7% 空付 0.051% +0.73% $3.7M $31.9M
CRCLCircle $68.178 $68.049 -0.203% +1.50% -1.70% -75.6% 空付 0.040% +1.00% $3.4M $43.1M
NBISNebius $194 $194 -0.012% — — -0.6% 空付 0.024% +2.02% $2.5M $32.5M
AAPLApple $312.43 $312.44 -0.002% -0.26% +0.26% +5.5% 多付 0.044% +0.20% $2.4M $39.2M
METAMeta $595.26 $595.38 +0.070% — — +5.5% 多付 0.048% +0.37% $2.2M $47.4M
LITELumentum $908.73 $907.44 -0.142% — — -49.7% 空付 0.100% +0.59% $2.1M $7.0M
INTCIntel $102.18 $102.2 +0.016% — — +5.5% 多付 0.027% +0.24% $2.0M $55.1M
COINCoinbase $155.31 $155.01 -0.201% +0.64% -0.84% -82.9% 空付 0.056% +0.38% $1.8M $12.4M
MSTRMicroStrategy $103.12 $103.18 +0.082% +2.84% -2.76% +5.5% 多付 0.010% +1.32% $1.8M $23.7M
PLTRPalantir $173.06 $173 -0.024% -0.57% +0.55% +4.1% 多付 0.045% +0.85% $1.6M $41.2M
UNITREEUNITREE $87.726 $87.993 +0.256% — — +2.3% 多付 0.205% +2.82% $1.5M $7.7M
MSFTMicrosoft $500.14 $500.04 -0.021% -0.49% +0.47% +5.5% 多付 0.013% +0.21% $1.5M $53.5M
SOXLSOXL $141.57 $141.57 +0.028% — — +4.2% 多付 — 0.152% -0.43% $1.4M $1.3M
AMZNAmazon $275.25 $275.3 +0.022% -0.16% +0.18% +5.5% 多付 — 0.015% +0.28% $1.3M $28.0M
ORCLOracle $147.31 $147.31 +0.008% — — +5.5% 多付 — 0.055% +0.24% $1.2M $33.2M
AMDAMD $484.34 $484.4 +0.031% — — +5.5% 多付 — 0.045% +0.59% $877K $12.9M
CBRSCoreCard $226.95 $226.84 -0.068% — — +5.5% 多付 — 0.105% -0.76% $843K $50.8M
HOODRobinhood $94.408 $94.403 -0.004% +3.07% -3.07% +5.5% 多付 — 0.048% +0.19% $751K $16.4M
GIGADEVGIGADEV $60.387 $60.155 -0.172% — — -165.5% 空付 — 1.454% -2.61% $748K $2.3M
BABAAlibaba $129.55 $129.8 +0.198% — — +6.5% 多付 — 0.088% +0.11% $680K $9.9M
LYTELYTE $27.6 $27.679 +0.272% — — +77.5% 多付 — 0.181% -2.82% $646K $2.1M
RKLBRocket Lab $85.532 $85.576 +0.083% — — +12.4% 多付 — 0.098% +2.85% $636K $5.6M
CRWVCoreWeave $92.234 $92.295 +0.082% — — +22.3% 多付 — 0.163% +0.83% $635K $4.7M
IBMIBM $237.23 $237.3 +0.015% — — +8.1% 多付 — 0.218% +0.08% $306K $9.9M
NFLXNetflix $74.016 $74.005 -0.055% — — -23.4% 空付 — 0.235% -0.16% $272K $4.7M
AVGOBroadcom $429.21 $429.83 +0.120% +1.57% -1.45% +49.6% 多付 — 0.109% +0.69% $258K $3.1M
MINIMAXMINIMAX $43.141 $43.131 -0.026% — — -11.7% 空付 — 0.373% +0.52% $231K $11.6M
USARUSA Rare Earth $20.041 $20.101 +0.266% — — +124.4% 多付 — 0.349% +1.71% $205K $1.5M
TSMTSMC $420.52 $420.91 +0.097% — — +5.5% 多付 — 0.074% -0.14% $187K $15.2M
ASMLASML $1,748.3 $1,747.7 -0.041% — — -6.2% 空付 — 0.179% +0.60% $186K $1.9M
ARMArm $283.24 $282.94 -0.109% — — -47.1% 空付 — 0.151% -0.13% $170K $2.7M
ZHIPUZHIPU $161.78 $161.69 -0.059% — — -90.0% 空付 — 0.341% -1.09% $154K $5.0M
XLEEnergy Select Sector SPDR Fund $57.149 $57.179 +0.095% — — -23.6% 空付 — 0.437% +0.08% $151K $1.8M
NCLDNCLD $23.03 $23.259 +1.356% — — +648.5% 多付 — 2.792% +1.34% $147K $47K
WDCWestern Digital $436.45 $436.64 +0.070% — — +23.5% 多付 — 0.210% -0.39% $144K $2.4M
LLYEli Lilly $1,182.2 $1,182.9 +0.031% — — +5.5% 多付 — 0.213% +0.27% $141K $3.1M
AMATAMAT $540.83 $540.83 -0.021% — — -0.4% 空付 — 0.370% +0.20% $141K $825K
NOWServiceNow $125.73 $125.79 +0.056% — — +21.5% 多付 — 0.362% -0.24% $121K $1.8M
DELLDell $452.72 $453.03 +0.070% — — +27.5% 多付 — 0.091% +0.29% $94K $3.3M
STRCSTRC $94.906 $94.908 -0.004% — — +5.5% 多付 — 0.069% -0.02% $93K $11.7M
DKNGDraftKings $24.297 $24.238 -0.312% — — -195.6% 空付 — 0.878% -1.42% $87K $435K
NOKNOK $9.388 $9.397 +0.092% — — +8.2% 多付 — 0.421% -0.48% $70K $919K
GMEGameStop $19.437 $19.467 -0.143% — — -51.0% 空付 — 1.549% +1.15% $69K $1.3M
BIRDBIRD $2.497 $2.486 -0.498% — — -242.4% 空付 — 2.459% -1.98% $64K $89K
KORUKORU $17.442 $17.494 +0.277% — — +183.2% 多付 — 0.734% +0.80% $64K $170K
BOTBOT $28.445 $28.475 +0.252% — — +162.6% 多付 — 0.292% +0.37% $62K $3.7M
PURRDATPURRDAT $6.824 $6.852 +0.290% — — +136.7% 多付 — 0.882% +0.57% $57K $5.9M
SHAZSHAZ $49.753 $49.69 +0.115% — — +46.3% 多付 — 0.726% +0.16% $55K $3.1M
BEBE $221.2 $221.42 +0.132% — — +50.0% 多付 — 0.083% -0.45% $47K $2.3M
HIMSHims $31.766 $31.734 -0.104% — — -42.6% 空付 — 0.442% +0.58% $37K $3.1M
QCOMQCOM $167.73 $167.73 +0.014% — — -0.8% 空付 — 0.240% -0.26% $36K $3.7M
EBAYeBay $111.28 $111.1 -0.032% — — +5.5% 多付 — 0.972% -0.10% $36K $256K
SMHVanEck Semiconductor ETF $584.22 $585.52 +0.184% — — +113.3% 多付 — 0.664% +0.35% $28K $1.6M
BBBlackBerry $9.114 $9.117 -0.017% — — +5.5% 多付 — 0.277% -0.08% $26K $11.6M
ZMZoom $106.45 $106.65 +0.173% — — +86.6% 多付 — 0.632% +1.28% $23K $345K
BXBlackstone $135.58 $135.56 -0.155% — — -33.6% 空付 — 0.607% +0.10% $20K $548K
URNMURNM $55.62 $55.67 -0.142% — — -61.3% 空付 — 0.805% +0.88% $20K $1.1M
QNTQuantinuum $58.205 $58.17 -0.058% — — -37.6% 空付 — 0.503% -0.33% $18K $1.3M
RIVNRivian $16.079 $16.095 -0.011% — — +59.5% 多付 — 0.716% +0.39% $14K $650K
COSTCostco $946.67 $947.55 +0.078% — — +18.5% 多付 — 0.435% +0.02% $7K $287K
GEVGEV $992.63 $992.87 +0.390% — — +147.5% 多付 — 1.183% -0.56% $5K $33K
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