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 33 小时 52 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
$328.9M
未平仓 OI
$2.42B
全市场加权溢价
+0.06%
平均资金费(年化)
+1.8%
更新于
3 分钟前
🔺 永续溢价最高
+0.21%
Circle（CRCL）链上买盘把价格顶到真股之上
🔻 折价最深
-0.07%
Nebius（NBIS）链上比真股更便宜
💸 资金费最贵(年化)
+183%
SpaceX(trade.xyz) · 做多每小时倒贴空头
⚖️ 跨场价差最大
-3.11%
Alphabet · 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) $136.52 $136.73 +0.141% — — +183.0% 多付 0.032% +3.43% $146.9M $263.5M
XYZ100指数纳斯达克100 $29,769 $29,769 -0.003% — — +5.5% 多付 0.007% +0.20% $49.0M $186.0M
SP500指数标普500 $7,766.6 $7,765.7 -0.019% — — +5.5% 多付 0.014% +0.22% $44.0M $470.9M
MUMicron $882.3 $882.66 +0.038% — — +5.5% 多付 0.021% +0.66% $12.9M $192.2M
SNDKSanDisk $1,219.2 $1,219.4 +0.031% — — +5.5% 多付 0.013% +0.40% $11.0M $128.0M
SKHYSKHY $138.44 $138.46 +0.056% — — +3.5% 多付 0.025% +0.73% $8.1M $101.6M
NVDANVIDIA $224.83 $224.73 -0.053% +0.25% -0.30% -4.6% 空付 0.017% +0.43% $5.0M $167.3M
PLTRPalantir $172.19 $172.23 +0.025% -1.28% +1.30% +5.5% 多付 0.063% +0.43% $4.7M $40.7M
GOOGLAlphabet $356.27 $356.2 -0.024% +3.09% -3.11% +5.5% 多付 0.029% +0.02% $4.7M $125.7M
TSLATesla $331.92 $331.81 -0.062% +0.75% -0.81% +5.5% 多付 0.027% +0.70% $4.1M $37.3M
MRVLMarvell $222.03 $221.9 -0.058% — — +5.5% 多付 0.040% +1.81% $3.4M $31.9M
CRCLCircle $67.541 $67.689 +0.207% +0.98% -0.77% +28.9% 多付 0.043% +1.27% $3.3M $43.6M
CXMTCXMT $7.288 $7.284 -0.023% — — +5.5% 多付 0.214% +1.37% $2.7M $66.5M
AAPLApple $312.6 $312.62 +0.004% -0.88% +0.88% +5.5% 多付 0.037% -0.13% $2.7M $38.8M
NBISNebius $191.93 $191.79 -0.072% — — -111.8% 空付 0.108% +0.80% $2.6M $31.7M
METAMeta $596 $596 -0.003% — — +5.5% 多付 0.036% +0.64% $2.5M $46.6M
INTCIntel $102.22 $102.19 -0.025% — — -3.6% 空付 0.022% +0.86% $2.0M $55.1M
MSFTMicrosoft $499.47 $499.69 +0.059% -0.10% +0.16% +5.5% 多付 0.029% +0.06% $1.9M $53.1M
AMZNAmazon $275.35 $275.35 -0.023% +0.26% -0.28% -1.0% 空付 0.052% +0.30% $1.5M $28.1M
MSTRMicroStrategy $101.33 $101.33 -0.018% +1.08% -1.10% +0.3% 多付 0.037% +0.62% $1.4M $22.2M
BABAAlibaba $129.7 $129.57 -0.118% — — -43.9% 空付 0.178% +1.10% $1.2M $9.9M
COINCoinbase $153.89 $153.88 -0.012% -0.43% +0.42% -2.6% 空付 0.067% -0.27% $1.2M $12.6M
UNITREEUNITREE $85.432 $85.3 -0.039% — — -0.1% 空付 — 0.384% +3.80% $1.2M $7.1M
AMDAMD $483.74 $483.71 -0.008% — — -21.9% 空付 — 0.044% +0.60% $942K $12.9M
SOXLSOXL $142.52 $142.51 -0.056% — — -40.1% 空付 — 0.307% +1.41% $937K $1.4M
ORCLOracle $147.05 $146.99 -0.047% — — +5.5% 多付 — 0.043% +0.46% $921K $33.1M
HOODRobinhood $94.41 $94.43 +0.034% +3.36% -3.33% -3.1% 空付 — 0.062% +0.85% $740K $16.6M
LITELumentum $905.08 $904.03 -0.124% — — -64.6% 空付 — 0.096% +1.55% $729K $6.0M
CBRSCoreCard $227.42 $227.42 -0.011% — — -14.8% 空付 — 0.121% -0.41% $659K $51.0M
NFLXNetflix $74.197 $74.237 +0.004% — — +5.5% 多付 — 0.154% +0.25% $607K $4.8M
LYTELYTE $27.413 $27.66 +0.363% — — +188.3% 多付 — 1.365% +1.20% $587K $1.9M
CRWVCoreWeave $91.883 $91.951 +0.100% — — +5.5% 多付 — 0.118% +0.69% $482K $4.7M
RKLBRocket Lab $84.49 $84.611 +0.121% — — +68.8% 多付 — 0.091% +1.50% $269K $5.0M
MINIMAXMINIMAX $43.169 $43.054 -0.158% — — -99.5% 空付 — 0.418% +0.94% $255K $11.6M
ZHIPUZHIPU $163.61 $163.34 -0.118% — — -60.3% 空付 — 0.464% +1.10% $229K $5.1M
DKNGDraftKings $24.383 $24.372 -0.410% — — -185.0% 空付 — 1.159% +1.58% $221K $438K
LLYEli Lilly $1,181.3 $1,182.6 +0.089% — — +26.4% 多付 — 0.397% -0.45% $221K $3.1M
IBMIBM $237.18 $237.21 +0.015% — — +5.5% 多付 — 0.168% +0.04% $199K $9.9M
ARMArm $283.85 $283.85 -0.028% — — +5.5% 多付 — 0.131% +0.60% $196K $2.8M
USARUSA Rare Earth $19.927 $19.94 +0.074% — — +5.5% 多付 — 0.262% +2.54% $195K $1.4M
AVGOBroadcom $428.68 $428.7 +0.009% +1.42% -1.41% +5.5% 多付 — 0.115% +0.42% $185K $2.9M
NOWServiceNow $126.98 $126.98 -0.067% — — +5.5% 多付 — 0.319% +1.61% $173K $1.8M
TSMTSMC $422.77 $422.9 +0.042% — — +5.5% 多付 — 0.094% +0.56% $169K $15.3M
WDCWestern Digital $436.55 $436.55 -0.036% — — -22.7% 空付 — 0.232% +0.58% $166K $2.4M
XLEEnergy Select Sector SPDR Fund $57.04 $56.954 -0.266% — — -161.8% 空付 — 0.660% +0.04% $148K $1.8M
AMATAMAT $539.52 $538.06 -0.277% — — -114.9% 空付 — 0.243% -0.05% $145K $778K
BOTBOT $28.679 $28.639 -0.377% — — -191.3% 空付 — 0.903% +0.55% $140K $3.7M
DELLDell $452.23 $452.11 -0.021% — — -8.3% 空付 — 0.081% -0.22% $119K $3.3M
STRCSTRC $94.827 $94.827 +0.038% — — +5.5% 多付 — 0.110% -0.12% $104K $11.7M
BBBlackBerry $9.115 $9.105 -0.124% — — -53.2% 空付 — 0.381% -0.23% $102K $11.6M
ASMLASML $1,747 $1,747 +0.049% — — +17.8% 多付 — 0.150% +0.56% $101K $1.9M
KORUKORU $17.279 $17.246 -0.103% — — -97.7% 空付 — 0.503% +0.46% $95K $172K
GIGADEVGIGADEV $61.313 $61.313 +0.077% — — -21.9% 空付 — 1.902% +0.60% $82K $2.3M
BEBE $220.35 $220.57 +0.142% — — +14.9% 多付 — 0.185% +0.63% $79K $2.2M
SHAZSHAZ $49.803 $49.857 +0.084% — — +138.0% 多付 — 0.995% -0.01% $73K $3.1M
QCOMQCOM $167.6 $167.67 +0.022% — — +5.5% 多付 — 0.209% -0.23% $67K $3.7M
URNMURNM $55.668 $55.815 +0.327% — — +110.2% 多付 — 1.045% +1.55% $61K $1.1M
NOKNOK $9.416 $9.416 +0.018% — — -35.5% 空付 — 0.458% +0.11% $56K $935K
BXBlackstone $136.35 $136.05 -0.193% — — -175.4% 空付 — 0.314% -0.10% $53K $535K
HIMSHims $31.659 $31.696 +0.113% — — +41.2% 多付 — 0.459% +0.35% $45K $3.1M
PURRDATPURRDAT $6.834 $6.834 +0.044% — — +5.5% 多付 — 0.896% +1.49% $44K $5.9M
BIRDBIRD $2.53 $2.516 -1.693% — — +264.5% 多付 — 2.245% -2.71% $40K $74K
QNTQuantinuum $58.35 $58.333 -0.144% — — -29.2% 空付 — 0.629% -0.12% $36K $1.3M
GMEGameStop $19.192 $19.253 +0.251% — — +5.5% 多付 — 1.056% +0.51% $35K $1.2M
SMHVanEck Semiconductor ETF $584.43 $584.06 -0.046% — — +5.5% 多付 — 0.459% +0.23% $34K $1.6M
EBAYeBay $111.74 $111.66 +0.042% — — -38.9% 空付 — 0.804% -0.35% $33K $260K
RIVNRivian $16.033 $16.028 +0.056% — — +5.5% 多付 — 0.381% -1.34% $29K $647K
ZMZoom $104.94 $104.66 -0.294% — — -172.6% 空付 — 0.608% -0.03% $17K $329K
NCLDNCLD $22.978 $23.186 +0.923% — — +486.6% 多付 — 4.545% -1.33% $17K $58K
COSTCostco $945.99 $946.27 +0.067% — — +27.0% 多付 — 0.361% -0.12% $14K $287K
GEVGEV $992.61 $993.17 +0.265% — — +161.8% 多付 — 1.167% -0.38% $4K $36K
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