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 91 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 17 小时 13 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
91
永续 24h 成交额
$205.9M
未平仓 OI
$2.44B
全市场加权溢价
+0.06%
平均资金费(年化)
+14.6%
更新于
1 分钟前
🔺 永续溢价最高
+0.42%
Circle（CRCL）链上买盘把价格顶到真股之上
🔻 折价最深
-0.08%
Micron（MU）链上比真股更便宜
💸 资金费最贵(年化)
+43%
Circle · 做多每小时倒贴空头
⚖️ 跨场价差最大
-2.49%
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
SP500指数标普500 $7,735 $7,737.5 +0.036% — — +5.5% 多付 0.009% +0.13% $44.6M $341.0M
XYZ100指数纳斯达克100 $30,657 $30,668 +0.042% — — +5.5% 多付 0.013% +0.29% $41.1M $183.0M
MUMicron $1,097 $1,096.2 -0.081% — — -38.7% 空付 0.016% +1.07% $16.7M $160.6M
INTCIntel $125.74 $125.8 +0.050% +2.48% -2.43% +10.7% 多付 0.022% +2.41% $10.2M $154.6M
AMDAMD $634.46 $634.83 +0.067% — — +5.5% 多付 0.027% +1.24% $7.8M $17.0M
METAMeta $749.42 $750.24 +0.136% +0.10% +0.04% +6.3% 多付 0.023% +0.33% $7.5M $67.4M
SNDKSanDisk $1,783.1 $1,783.5 +0.033% — — +5.5% 多付 0.012% +0.82% $5.9M $128.4M
NVDANVIDIA $225.5 $225.53 +0.019% 0.00% +0.02% +5.5% 多付 0.012% +0.45% $5.7M $139.2M
CRCLCircle $89.378 $89.646 +0.420% +2.91% -2.49% +43.0% 多付 0.040% +1.47% $5.6M $108.9M
CXMTCXMT $8.754 $8.76 +0.047% — — +11.9% 多付 0.043% 0.00% $4.6M $49.1M
SOXLSOXL $154.03 $154.64 +0.397% — — +185.9% 多付 0.046% +2.96% $4.4M $29.9M
PLTRPalantir $190.71 $190.72 +0.015% +0.97% -0.96% +5.5% 多付 0.019% +0.52% $4.1M $14.2M
SPCXSpaceX(trade.xyz) $148.89 $148.89 +0.005% — — +5.5% 多付 0.009% +0.15% $3.5M $119.5M
TSLATesla $373.58 $373.77 +0.066% +0.24% -0.17% +5.5% 多付 0.017% +0.46% $3.4M $47.3M
MSTRMicroStrategy $161.96 $162.18 +0.172% +1.93% -1.76% +21.1% 多付 0.032% +1.89% $3.2M $57.4M
SKHYSKHY $192.47 $192.47 -0.003% — — +5.5% 多付 0.022% +0.71% $3.0M $192.6M
GOOGLAlphabet $344.21 $344.27 +0.022% +0.10% -0.08% +5.5% 多付 0.018% +0.18% $3.0M $109.2M
AMZNAmazon $250.23 $250.35 +0.045% -0.08% +0.13% +19.0% 多付 0.020% +0.30% $2.5M $29.8M
MSFTMicrosoft $517.19 $517.15 -0.006% -0.10% +0.09% +1.5% 多付 0.023% +0.01% $2.1M $23.9M
BBBlackBerry $8.165 $8.172 +0.094% — — +21.1% 多付 0.149% +0.28% $2.0M $13.4M
GIGADEVGIGADEV $56.923 $57.063 +0.351% — — +120.1% 多付 1.562% +1.49% $1.9M $1.0M
COINCoinbase $196.92 $197.06 +0.160% +0.19% -0.03% +5.5% 多付 0.015% +0.74% $1.7M $13.3M
AAPLApple $340.53 $340.51 -0.012% -0.17% +0.16% +5.5% 多付 — 0.016% +0.16% $1.6M $35.5M
RKLBRocket Lab $74.178 $74.223 +0.069% — — +14.7% 多付 — 0.078% -0.12% $1.4M $10.5M
MRVLMarvell $264.19 $264.12 -0.017% — — +1.4% 多付 — 0.035% +0.71% $1.4M $12.8M
HOODRobinhood $119.41 $119.48 +0.092% +0.46% -0.37% +5.5% 多付 — 0.017% +0.74% $1.4M $41.2M
WDCWestern Digital $460.2 $460.82 +0.165% — — +50.7% 多付 — 0.120% +0.01% $1.3M $3.2M
CRWVCoreWeave $87.65 $87.65 +0.011% — — +5.5% 多付 — 0.060% +0.84% $1.3M $8.1M
NBISNebius $241.67 $241.81 +0.065% — — +15.1% 多付 — 0.082% +1.35% $1.2M $34.0M
ORCLOracle $137.72 $137.65 -0.030% — — +0.6% 多付 — 0.041% -0.11% $1.1M $24.2M
ARMArm $313.54 $313.62 +0.025% — — +5.5% 多付 — 0.039% +0.68% $897K $5.7M
MRNAMRNA $197.38 $197.14 -0.206% — — -96.9% 空付 — 0.222% -1.29% $789K $2.5M
AVGOBroadcom $353.54 $353.89 +0.117% — — +14.6% 多付 — 0.047% -0.05% $776K $14.8M
PURRDATPURRDAT $12.825 $12.832 +0.031% — — +5.5% 多付 — 0.316% -0.48% $677K $16.3M
KORUKORU $21.758 $21.769 +0.044% — — +6.5% 多付 — 0.042% +1.53% $662K $3.6M
QNTQuantinuum $49.228 $49.321 +0.179% — — +98.1% 多付 — 0.668% +0.29% $641K $1.5M
DELLDell $567.83 $567.72 -0.020% — — +2.0% 多付 — 0.077% +0.82% $558K $7.1M
BABAAlibaba $110.66 $110.69 +0.047% — — +14.2% 多付 — 0.059% +0.23% $510K $13.0M
BEBE $291.13 $291.41 +0.163% — — +31.8% 多付 — 0.119% +2.39% $474K $6.2M
NCLDNCLD $24.773 $24.773 -0.440% — — -297.5% 空付 — 1.191% -0.22% $443K $684K
CBRSCoreCard $206.88 $207.01 +0.086% — — +9.0% 多付 — 0.105% +0.21% $394K $42.4M
GMEGameStop $23.621 $23.622 +0.043% +0.84% -0.80% +8.2% 多付 — 0.284% -0.24% $348K $3.3M
UNITREEUNITREE $73.418 $73.398 -0.018% — — +5.5% 多付 — 0.062% -0.16% $335K $20.9M
QCOMQCOM $204.22 $204.36 +0.058% — — +12.3% 多付 — 0.111% +0.93% $313K $7.1M
AMATAMAT $485.94 $486.39 +0.091% — — +32.3% 多付 — 0.078% -0.15% $251K $2.2M
NFLXNetflix $71.149 $71.176 +0.056% — — +14.5% 多付 — 0.090% -0.03% $235K $6.2M
TSMTSMC $452.78 $452.99 +0.046% — — +9.3% 多付 — 0.088% +0.44% $231K $9.2M
LITELumentum $942.99 $942.37 -0.056% — — -16.4% 空付 — 0.041% +0.13% $200K $11.8M
SHEINSHEIN $4.549 $4.552 +0.075% — — +10.9% 多付 — 0.728% -0.02% $193K $644K
NETNET $350.15 $350.98 +0.110% — — +34.3% 多付 — 0.844% +0.05% $170K $704K
CRWDCrowdStrike $255.19 $255.41 +0.031% — — +26.4% 多付 — 0.670% +0.56% $144K $1.4M
AAOIAAOI $101.67 $101.67 +0.083% — — +5.5% 多付 — 0.255% -0.25% $142K $1.9M
ZHIPUZHIPU $81.085 $81.057 -0.017% — — -2.2% 空付 — 0.079% -0.46% $142K $22.8M
IRENIREN $44.567 $44.535 -0.109% — — +5.5% 多付 — 0.331% +0.97% $103K $4.6M
USARUSA Rare Earth $15.328 $15.318 -0.047% — — +5.5% 多付 — 0.154% +1.04% $86K $3.6M
LLYEli Lilly $1,182.3 $1,182.6 +0.047% — — +12.0% 多付 — 0.091% +0.15% $84K $11.3M
ASMLASML $1,744.2 $1,745.2 +0.088% — — +20.8% 多付 — 0.139% +0.29% $80K $2.4M
HIMSHims $29.187 $29.204 +0.077% — — +28.7% 多付 — 0.246% +0.37% $72K $3.1M
BIRDBIRD $2.334 $2.342 +0.319% — — +120.6% 多付 — 1.046% +0.33% $72K $80K
STRCSTRC $98.644 $98.675 +0.034% — — +14.3% 多付 — 0.090% -0.07% $70K $10.0M
NOKNOK $10.393 $10.39 -0.026% — — +0.5% 多付 — 0.207% +0.66% $62K $2.0M
MINIMAXMINIMAX $35.425 $35.471 +0.165% — — +63.5% 多付 — 0.085% +1.53% $60K $4.8M
BMNRBMNR $27.727 $27.79 +0.243% — — +76.8% 多付 — 0.485% +1.75% $57K $3.4M
SMHVanEck Semiconductor ETF $612.37 $612.37 +0.008% — — +18.1% 多付 — 0.468% +0.52% $55K $3.3M
RDDTRDDT $150.41 $150.41 -0.070% — — +5.5% 多付 — 0.627% -0.01% $51K $266K
OURAOURA $49.968 $50.031 +0.383% — — +2.1% 多付 — 0.764% -0.07% $50K $377K
DKNGDraftKings $22.161 $22.181 +0.153% — — +65.6% 多付 — 0.543% -0.02% $46K $969K
CVXChevron $204.5 $204.5 -0.613% — — -293.5% 空付 — 2.227% -0.68% $42K $66K
IBMIBM $226.58 $226.77 +0.080% — — +27.8% 多付 — 0.106% +0.32% $33K $1.7M
URNMURNM $49.598 $49.598 -0.077% — — -26.1% 空付 — 0.272% +0.31% $32K $1.5M
MAGSMAGS $72.64 $72.73 +0.037% — — +48.6% 多付 — 0.500% +0.07% $31K $843K
ZMZoom $90.269 $90.223 -0.113% — — -25.8% 空付 — 0.442% +0.02% $25K $591K
TLTTLT $79.315 $79.293 +0.211% — — +99.1% 多付 — 0.485% -0.22% $25K $844K
SHAZSHAZ $55.221 $55.408 +0.230% — — +111.0% 多付 — 0.643% +0.58% $21K $567K
BOTBOT $29.214 $29.216 -0.110% — — -20.2% 空付 — 0.563% +0.07% $20K $3.0M
RIVNRivian $15.398 $15.412 +0.096% — — +17.6% 多付 — 0.388% -0.17% $17K $496K
COSTCostco $924.47 $924.47 +0.035% — — +5.5% 多付 — 0.154% +0.42% $15K $1.0M
XLEEnergy Select Sector SPDR Fund $61.85 $61.784 -0.121% — — -44.9% 空付 — 0.198% -0.11% $15K $1.6M
BXBlackstone $118.1 $118.22 +0.101% — — +28.0% 多付 — 0.218% -0.03% $12K $601K
GEVGEV $956.1 $956.44 +0.159% — — +96.4% 多付 — 0.248% +0.19% $11K $430K
KSTRKSTR $23.724 $23.794 +0.203% — — +89.3% 多付 — 0.811% +0.57% $10K $17K
NOWServiceNow $135.9 $135.96 +0.064% — — +19.9% 多付 — 0.401% +0.17% $7K $2.0M
EBAYeBay $108.58 $108.58 -0.026% — — +2.3% 多付 — 0.431% +0.07% $6K $276K
LYTELYTE $25.574 $25.643 +0.118% — — +51.8% 多付 — 0.947% +0.68% $6K $442K
XBIXBI $155.76 $155.98 +0.261% — — +131.0% 多付 — 0.818% +0.52% $3K $144K
SNXXSNXX $17.628 $17.629 -0.003% — — +1.9% 多付 — 0.200% +1.90% $2K $165K
IBIDENIBIDEN $148.35 $148.35 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