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 29 小时 42 分 · 美股没开，但链上还在定价——这段时间的价差最值得看
🔺 永续溢价最高
+0.22%
Nebius（NBIS）链上买盘把价格顶到真股之上
🔻 折价最深
-0.11%
Intel（INTC）链上比真股更便宜
💸 资金费最贵(年化)
+55%
Palantir · 做多每小时倒贴空头
⚖️ 跨场价差最大
-1.34%
Circle · 永续与现货定价分歧，潜在套利
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) |
$136.91 |
$136.84 |
-0.062% |
— |
— |
+5.5% 多付 |
|
0.021% |
+3.29% |
$159.6M |
$264.5M |
| SP500指数标普500 |
$7,765.4 |
$7,766.1 |
+0.015% |
— |
— |
+5.5% 多付 |
|
0.011% |
+0.39% |
$42.4M |
$471.4M |
| XYZ100指数纳斯达克100 |
$29,782 |
$29,786 |
+0.012% |
— |
— |
+5.5% 多付 |
|
0.003% |
+0.65% |
$31.1M |
$186.2M |
| MUMicron |
$882.92 |
$882.68 |
-0.045% |
— |
— |
-1.7% 空付 |
|
0.010% |
+0.88% |
$12.3M |
$191.9M |
| SNDKSanDisk |
$1,223.7 |
$1,222.5 |
-0.106% |
— |
— |
-26.6% 空付 |
|
0.016% |
+0.90% |
$10.8M |
$127.7M |
| SKHYSKHY |
$138.8 |
$138.76 |
-0.045% |
— |
— |
-39.1% 空付 |
|
0.034% |
+1.06% |
$8.3M |
$101.6M |
| GOOGLAlphabet |
$357.06 |
$356.94 |
-0.039% |
+0.55% |
-0.59% |
+25.2% 多付 |
|
0.018% |
+0.55% |
$6.3M |
$126.5M |
| TSLATesla |
$331.4 |
$331.66 |
+0.079% |
+0.71% |
-0.63% |
+5.5% 多付 |
|
0.020% |
+0.89% |
$4.7M |
$36.9M |
| NVDANVIDIA |
$224.79 |
$224.79 |
+0.012% |
+0.27% |
-0.26% |
+5.5% 多付 |
|
0.026% |
+0.63% |
$4.6M |
$167.3M |
| MRVLMarvell |
$222.65 |
$222.81 |
+0.066% |
— |
— |
+5.5% 多付 |
|
0.043% |
+2.77% |
$3.4M |
$32.0M |
| CRCLCircle |
$68.033 |
$68.033 |
+0.015% |
+1.35% |
-1.34% |
+5.5% 多付 |
|
0.056% |
+1.83% |
$3.4M |
$43.7M |
| METAMeta |
$595.5 |
$595.39 |
-0.010% |
— |
— |
-8.6% 空付 |
|
0.044% |
+0.71% |
$3.1M |
$47.4M |
| PLTRPalantir |
$172.62 |
$172.62 |
-0.029% |
-1.08% |
+1.05% |
+55.0% 多付 |
|
0.063% |
+1.54% |
$2.8M |
$40.9M |
| NBISNebius |
$192.65 |
$193.03 |
+0.225% |
— |
— |
+5.5% 多付 |
|
0.125% |
+1.76% |
$2.6M |
$31.9M |
| AAPLApple |
$312.68 |
$312.53 |
-0.083% |
-0.35% |
+0.27% |
-7.9% 空付 |
|
0.040% |
+0.11% |
$2.4M |
$38.9M |
| INTCIntel |
$102.25 |
$102.15 |
-0.108% |
— |
— |
-37.2% 空付 |
|
0.021% |
+1.32% |
$2.3M |
$55.0M |
| CXMTCXMT |
$7.304 |
$7.293 |
-0.236% |
— |
— |
+5.5% 多付 |
|
0.303% |
+0.81% |
$2.1M |
$66.6M |
| MSFTMicrosoft |
$500.28 |
$500.31 |
+0.007% |
-0.44% |
+0.45% |
+5.5% 多付 |
|
0.025% |
+0.40% |
$1.9M |
$53.2M |
| UNITREEUNITREE |
$86.645 |
$87.594 |
+0.999% |
— |
— |
+4.6% 多付 |
|
0.837% |
+6.41% |
$1.4M |
$7.5M |
| AMZNAmazon |
$275.36 |
$275.32 |
-0.021% |
+0.31% |
-0.33% |
+5.5% 多付 |
|
0.044% |
+0.63% |
$1.4M |
$28.1M |
| BABAAlibaba |
$129.73 |
$129.61 |
-0.091% |
— |
— |
-2.7% 空付 |
|
0.063% |
+0.93% |
$1.3M |
$9.9M |
| COINCoinbase |
$154.12 |
$154.08 |
-0.088% |
+0.54% |
-0.63% |
+5.5% 多付 |
|
0.065% |
+0.44% |
$1.3M |
$12.7M |
| MSTRMicroStrategy |
$101.51 |
$101.58 |
+0.064% |
+1.34% |
-1.28% |
+17.5% 多付 |
— |
0.010% |
+0.95% |
$1.1M |
$22.2M |
| ORCLOracle |
$146.95 |
$146.85 |
-0.084% |
— |
— |
-58.2% 空付 |
— |
0.086% |
+0.54% |
$1.0M |
$33.0M |
| SOXLSOXL |
$143.11 |
$143.52 |
+0.259% |
— |
— |
+164.5% 多付 |
— |
0.216% |
+3.18% |
$960K |
$1.4M |
| AMDAMD |
$484.36 |
$484.48 |
+0.022% |
— |
— |
+5.5% 多付 |
— |
0.042% |
+1.00% |
$924K |
$12.9M |
| CBRSCoreCard |
$225.94 |
$225.6 |
-0.144% |
— |
— |
-66.3% 空付 |
— |
0.057% |
-0.61% |
$866K |
$50.6M |
| HOODRobinhood |
$94.332 |
$94.3 |
-0.046% |
+0.46% |
-0.51% |
-15.8% 空付 |
— |
0.058% |
+0.87% |
$820K |
$16.5M |
| LITELumentum |
$908.4 |
$909.21 |
+0.088% |
— |
— |
+59.5% 多付 |
— |
0.104% |
+1.74% |
$820K |
$6.3M |
| NFLXNetflix |
$74.072 |
$74.045 |
-0.108% |
— |
— |
-76.4% 空付 |
— |
0.181% |
-0.02% |
$584K |
$4.6M |
| LYTELYTE |
$27.41 |
$27.615 |
+0.226% |
— |
— |
+106.0% 多付 |
— |
1.270% |
+0.17% |
$498K |
$1.9M |
| CRWVCoreWeave |
$91.972 |
$92.032 |
+0.051% |
— |
— |
+20.5% 多付 |
— |
0.109% |
+1.18% |
$487K |
$4.6M |
| RKLBRocket Lab |
$84.784 |
$84.864 |
+0.112% |
— |
— |
+41.8% 多付 |
— |
0.149% |
+1.96% |
$345K |
$5.1M |
| IBMIBM |
$236.96 |
$236.81 |
-0.080% |
— |
— |
+5.5% 多付 |
— |
0.166% |
-0.08% |
$255K |
$9.9M |
| LLYEli Lilly |
$1,182.3 |
$1,183.6 |
+0.070% |
— |
— |
+24.9% 多付 |
— |
0.201% |
-0.40% |
$247K |
$3.1M |
| NOWServiceNow |
$126.15 |
$126.11 |
-0.072% |
— |
— |
+0.5% 多付 |
— |
0.313% |
+0.59% |
$231K |
$1.8M |
| MINIMAXMINIMAX |
$43.141 |
$43.227 |
+0.272% |
— |
— |
+91.2% 多付 |
— |
0.495% |
+1.15% |
$219K |
$11.6M |
| ZHIPUZHIPU |
$163.89 |
$164.33 |
+0.421% |
— |
— |
+172.7% 多付 |
— |
0.510% |
+1.35% |
$213K |
$5.1M |
| ARMArm |
$283.83 |
$284.14 |
+0.061% |
— |
— |
+16.7% 多付 |
— |
0.139% |
+0.96% |
$200K |
$2.8M |
| USARUSA Rare Earth |
$20.013 |
$20.023 |
+0.165% |
— |
— |
+134.0% 多付 |
— |
0.332% |
+3.04% |
$179K |
$1.4M |
| TSMTSMC |
$422.66 |
$422.43 |
-0.058% |
— |
— |
-23.3% 空付 |
— |
0.079% |
+0.46% |
$169K |
$15.3M |
| DKNGDraftKings |
$24.377 |
$24.377 |
-0.218% |
— |
— |
-110.7% 空付 |
— |
1.158% |
+1.80% |
$155K |
$438K |
| XLEEnergy Select Sector SPDR Fund |
$56.641 |
$56.639 |
+0.008% |
— |
— |
-6.6% 空付 |
— |
0.457% |
-0.31% |
$152K |
$1.8M |
| WDCWestern Digital |
$437.21 |
$437.17 |
-0.037% |
— |
— |
+5.5% 多付 |
— |
0.225% |
+0.55% |
$151K |
$2.4M |
| AMATAMAT |
$540.84 |
$541.27 |
+0.080% |
— |
— |
-12.7% 空付 |
— |
0.354% |
+0.22% |
$144K |
$772K |
| AVGOBroadcom |
$428.79 |
$428.82 |
+0.030% |
+1.42% |
-1.39% |
+5.5% 多付 |
— |
0.122% |
+0.78% |
$141K |
$2.9M |
| STRCSTRC |
$94.838 |
$94.822 |
-0.013% |
— |
— |
+2.2% 多付 |
— |
0.032% |
-0.07% |
$134K |
$11.7M |
| BOTBOT |
$28.663 |
$28.638 |
-0.234% |
— |
— |
-36.1% 空付 |
— |
0.801% |
+1.36% |
$124K |
$3.7M |
| ASMLASML |
$1,746.3 |
$1,746 |
-0.002% |
— |
— |
+5.5% 多付 |
— |
0.177% |
+0.70% |
$114K |
$1.9M |
| DELLDell |
$451.62 |
$451.36 |
-0.053% |
— |
— |
-23.4% 空付 |
— |
0.110% |
-0.16% |
$90K |
$3.3M |
| BEBE |
$221.09 |
$221.17 |
+0.086% |
— |
— |
+26.1% 多付 |
— |
0.181% |
+0.45% |
$79K |
$2.2M |
| KORUKORU |
$17.336 |
$17.319 |
-0.157% |
— |
— |
-4.7% 空付 |
— |
0.447% |
+2.08% |
$78K |
$172K |
| SHAZSHAZ |
$49.843 |
$50.023 |
+0.500% |
— |
— |
+194.2% 多付 |
— |
1.026% |
-0.07% |
$76K |
$3.1M |
| HIMSHims |
$31.691 |
$31.691 |
+0.017% |
— |
— |
+5.5% 多付 |
— |
0.507% |
+0.70% |
$66K |
$3.1M |
| GIGADEVGIGADEV |
$61.008 |
$60.441 |
-1.150% |
— |
— |
-261.5% 空付 |
— |
2.087% |
-0.31% |
$63K |
$2.3M |
| BIRDBIRD |
$2.501 |
$2.489 |
-0.651% |
— |
— |
-300.4% 空付 |
— |
2.038% |
-1.59% |
$59K |
$87K |
| URNMURNM |
$55.74 |
$55.631 |
-0.225% |
— |
— |
-97.1% 空付 |
— |
1.257% |
+1.34% |
$57K |
$1.1M |
| NOKNOK |
$9.413 |
$9.412 |
-0.016% |
— |
— |
-51.3% 空付 |
— |
0.495% |
-0.04% |
$54K |
$935K |
| QCOMQCOM |
$168.03 |
$167.99 |
-0.032% |
— |
— |
+5.5% 多付 |
— |
0.181% |
+0.17% |
$52K |
$3.7M |
| BXBlackstone |
$136.21 |
$136.77 |
+0.494% |
— |
— |
+128.2% 多付 |
— |
0.339% |
+0.11% |
$51K |
$551K |
| BBBlackBerry |
$9.113 |
$9.105 |
-0.111% |
— |
— |
-41.1% 空付 |
— |
0.361% |
-1.86% |
$47K |
$11.6M |
| GMEGameStop |
$19.331 |
$19.372 |
-0.063% |
— |
— |
+36.0% 多付 |
— |
0.786% |
+0.92% |
$44K |
$1.2M |
| PURRDATPURRDAT |
$6.834 |
$6.834 |
-0.191% |
— |
— |
-84.2% 空付 |
— |
1.005% |
+1.25% |
$44K |
$5.9M |
| EBAYeBay |
$111.83 |
$111.79 |
+0.010% |
— |
— |
-6.9% 空付 |
— |
0.724% |
+0.09% |
$42K |
$259K |
| QNTQuantinuum |
$58.179 |
$58.149 |
-0.177% |
— |
— |
-86.4% 空付 |
— |
0.464% |
-0.11% |
$25K |
$1.3M |
| RIVNRivian |
$16.033 |
$16.031 |
+0.010% |
— |
— |
+5.5% 多付 |
— |
0.284% |
-0.34% |
$24K |
$648K |
| SMHVanEck Semiconductor ETF |
$584.1 |
$584.1 |
+0.095% |
— |
— |
+29.0% 多付 |
— |
0.446% |
+0.29% |
$20K |
$1.6M |
| ZMZoom |
$104.48 |
$104.45 |
-0.191% |
— |
— |
-97.7% 空付 |
— |
0.469% |
-0.23% |
$19K |
$328K |
| NCLDNCLD |
$22.978 |
$22.978 |
+1.369% |
— |
— |
+726.6% 多付 |
— |
3.601% |
-1.30% |
$16K |
$58K |
| COSTCostco |
$946.47 |
$946.47 |
+0.084% |
— |
— |
+30.1% 多付 |
— |
0.458% |
+0.13% |
$11K |
$287K |
| GEVGEV |
$992.61 |
$994.55 |
+0.223% |
— |
— |
+79.0% 多付 |
— |
1.134% |
-0.27% |
$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 |
链上美股盘口