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 31 小时 56 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
+0.28%
Nebius（NBIS）链上买盘把价格顶到真股之上
🔻 折价最深
-0.04%
Tesla（TSLA）链上比真股更便宜
💸 资金费最贵(年化)
+91%
SpaceX(trade.xyz) · 做多每小时倒贴空头
⚖️ 跨场价差最大
-2.40%
Alphabet · 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) |
$137.08 |
$137.09 |
+0.026% |
— |
— |
+90.7% 多付 |
|
0.007% |
+3.45% |
$158.4M |
$264.6M |
| XYZ100指数纳斯达克100 |
$29,782 |
$29,793 |
+0.035% |
— |
— |
+5.5% 多付 |
|
0.003% |
+0.43% |
$42.5M |
$186.3M |
| SP500指数标普500 |
$7,768 |
$7,768.3 |
+0.005% |
— |
— |
+5.5% 多付 |
|
0.001% |
+0.36% |
$42.4M |
$471.1M |
| MUMicron |
$882.25 |
$882.18 |
-0.011% |
— |
— |
+5.5% 多付 |
|
0.018% |
+0.77% |
$12.5M |
$192.2M |
| SNDKSanDisk |
$1,221.4 |
$1,222 |
+0.059% |
— |
— |
+6.2% 多付 |
|
0.013% |
+0.83% |
$9.6M |
$128.2M |
| SKHYSKHY |
$138.79 |
$138.8 |
+0.012% |
— |
— |
+9.0% 多付 |
|
0.029% |
+1.10% |
$8.2M |
$101.8M |
| NVDANVIDIA |
$224.96 |
$225.05 |
+0.045% |
+0.36% |
-0.31% |
+10.2% 多付 |
|
0.014% |
+0.74% |
$4.8M |
$167.5M |
| GOOGLAlphabet |
$356.51 |
$356.7 |
+0.048% |
+2.45% |
-2.40% |
+5.7% 多付 |
|
0.026% |
+0.50% |
$4.5M |
$125.7M |
| TSLATesla |
$331.95 |
$331.82 |
-0.042% |
+0.73% |
-0.77% |
-40.4% 空付 |
|
0.022% |
+0.88% |
$4.4M |
$37.1M |
| PLTRPalantir |
$172.32 |
$172.48 |
+0.098% |
-1.28% |
+1.38% |
+5.5% 多付 |
|
0.055% |
+0.89% |
$3.9M |
$40.8M |
| CRCLCircle |
$67.842 |
$67.891 |
+0.061% |
+1.25% |
-1.19% |
+82.1% 多付 |
|
0.052% |
+1.64% |
$3.3M |
$43.7M |
| MRVLMarvell |
$222.5 |
$222.52 |
+0.006% |
— |
— |
+5.5% 多付 |
|
0.044% |
+2.45% |
$3.3M |
$32.0M |
| METAMeta |
$595.99 |
$596.46 |
+0.075% |
— |
— |
+27.1% 多付 |
|
0.011% |
+0.84% |
$3.0M |
$47.1M |
| AAPLApple |
$312.77 |
$312.78 |
+0.007% |
-0.81% |
+0.82% |
+5.5% 多付 |
|
0.033% |
+0.02% |
$2.6M |
$38.9M |
| NBISNebius |
$191.67 |
$192.21 |
+0.277% |
— |
— |
+25.3% 多付 |
|
0.122% |
+1.39% |
$2.5M |
$31.8M |
| CXMTCXMT |
$7.293 |
$7.29 |
-0.054% |
— |
— |
+5.5% 多付 |
|
0.172% |
+1.12% |
$2.4M |
$66.5M |
| INTCIntel |
$102.24 |
$102.35 |
+0.105% |
— |
— |
-17.3% 空付 |
|
0.015% |
+1.22% |
$2.3M |
$55.2M |
| MSFTMicrosoft |
$500.02 |
$500.37 |
+0.086% |
+0.02% |
+0.07% |
+6.3% 多付 |
|
0.023% |
+0.29% |
$1.8M |
$53.2M |
| AMZNAmazon |
$275.34 |
$275.36 |
+0.008% |
+0.30% |
-0.29% |
+5.5% 多付 |
|
0.039% |
+0.54% |
$1.3M |
$28.1M |
| COINCoinbase |
$153.94 |
$154.1 |
+0.096% |
-0.42% |
+0.52% |
+29.9% 多付 |
|
0.055% |
+0.02% |
$1.3M |
$12.8M |
| BABAAlibaba |
$129.58 |
$129.59 |
+0.004% |
— |
— |
+5.5% 多付 |
|
0.088% |
+1.11% |
$1.2M |
$9.9M |
| UNITREEUNITREE |
$85.308 |
$85.308 |
+0.555% |
— |
— |
+0.1% 多付 |
|
0.821% |
+3.81% |
$1.2M |
$7.2M |
| MSTRMicroStrategy |
$101.28 |
$101.23 |
-0.052% |
+0.89% |
-0.94% |
-8.9% 空付 |
— |
0.041% |
+0.56% |
$1.1M |
$22.1M |
| ORCLOracle |
$147.19 |
$147.28 |
+0.074% |
— |
— |
+33.2% 多付 |
— |
0.058% |
+0.73% |
$989K |
$33.1M |
| AMDAMD |
$484.2 |
$484.49 |
+0.070% |
— |
— |
+21.4% 多付 |
— |
0.042% |
+0.99% |
$931K |
$12.9M |
| SOXLSOXL |
$142.29 |
$142.17 |
-0.194% |
— |
— |
-33.5% 空付 |
— |
0.315% |
+2.26% |
$924K |
$1.4M |
| CBRSCoreCard |
$226.38 |
$226.13 |
-0.151% |
— |
— |
-99.2% 空付 |
— |
0.118% |
-0.63% |
$837K |
$50.7M |
| HOODRobinhood |
$94.486 |
$94.443 |
-0.052% |
+2.75% |
-2.80% |
-13.6% 空付 |
— |
0.035% |
+1.07% |
$837K |
$16.6M |
| LITELumentum |
$904.34 |
$903.66 |
-0.073% |
— |
— |
-0.4% 空付 |
— |
0.098% |
+1.28% |
$644K |
$6.0M |
| NFLXNetflix |
$74.148 |
$74.117 |
-0.015% |
— |
— |
+4.1% 多付 |
— |
0.100% |
+0.20% |
$593K |
$4.8M |
| LYTELYTE |
$27.41 |
$27.559 |
+0.217% |
— |
— |
+59.6% 多付 |
— |
1.316% |
-1.71% |
$548K |
$1.9M |
| CRWVCoreWeave |
$91.764 |
$91.811 |
+0.050% |
— |
— |
+5.5% 多付 |
— |
0.135% |
+0.65% |
$442K |
$4.6M |
| RKLBRocket Lab |
$84.908 |
$84.824 |
-0.226% |
— |
— |
+70.2% 多付 |
— |
0.126% |
+1.91% |
$324K |
$5.1M |
| LLYEli Lilly |
$1,181.8 |
$1,181.8 |
+0.036% |
— |
— |
+5.5% 多付 |
— |
0.178% |
-0.51% |
$242K |
$3.1M |
| NOWServiceNow |
$126.37 |
$126.26 |
-0.089% |
— |
— |
-60.2% 空付 |
— |
0.321% |
+0.68% |
$236K |
$1.8M |
| MINIMAXMINIMAX |
$43.098 |
$43.084 |
-0.053% |
— |
— |
-26.6% 空付 |
— |
0.111% |
+1.09% |
$220K |
$11.6M |
| IBMIBM |
$237.08 |
$237 |
-0.078% |
— |
— |
-31.3% 空付 |
— |
0.140% |
-0.04% |
$211K |
$9.9M |
| ZHIPUZHIPU |
$163.28 |
$163.2 |
-0.073% |
— |
— |
+5.5% 多付 |
— |
0.402% |
+0.72% |
$201K |
$5.1M |
| ARMArm |
$283.67 |
$283.42 |
-0.088% |
— |
— |
-32.9% 空付 |
— |
0.106% |
+0.64% |
$186K |
$2.8M |
| USARUSA Rare Earth |
$19.937 |
$19.959 |
+0.206% |
— |
— |
+52.9% 多付 |
— |
0.316% |
+2.90% |
$169K |
$1.4M |
| TSMTSMC |
$423.22 |
$423.34 |
+0.024% |
— |
— |
+5.5% 多付 |
— |
0.073% |
+0.77% |
$163K |
$15.3M |
| AVGOBroadcom |
$428.44 |
$428.44 |
+0.015% |
+1.42% |
-1.41% |
-0.0% 空付 |
— |
0.129% |
+0.55% |
$159K |
$2.9M |
| WDCWestern Digital |
$436.38 |
$436.19 |
-0.058% |
— |
— |
-33.2% 空付 |
— |
0.261% |
+0.70% |
$156K |
$2.4M |
| DKNGDraftKings |
$24.377 |
$24.377 |
-0.320% |
— |
— |
-179.0% 空付 |
— |
1.209% |
+1.95% |
$155K |
$438K |
| XLEEnergy Select Sector SPDR Fund |
$56.966 |
$56.629 |
-0.594% |
— |
— |
-111.5% 空付 |
— |
0.367% |
+0.11% |
$154K |
$1.8M |
| AMATAMAT |
$540.69 |
$540.98 |
+0.100% |
— |
— |
+53.0% 多付 |
— |
0.237% |
+0.42% |
$141K |
$773K |
| BOTBOT |
$28.654 |
$28.626 |
-0.266% |
— |
— |
-134.4% 空付 |
— |
0.816% |
+0.38% |
$126K |
$3.7M |
| DELLDell |
$452.02 |
$452.1 |
+0.039% |
— |
— |
+5.5% 多付 |
— |
0.083% |
+0.04% |
$113K |
$3.3M |
| STRCSTRC |
$94.827 |
$94.831 |
+0.066% |
— |
— |
+5.5% 多付 |
— |
0.095% |
-0.26% |
$104K |
$11.7M |
| ASMLASML |
$1,746.9 |
$1,746 |
-0.018% |
— |
— |
+5.5% 多付 |
— |
0.175% |
+0.69% |
$97K |
$1.9M |
| KORUKORU |
$17.281 |
$17.29 |
+0.153% |
— |
— |
+69.2% 多付 |
— |
0.512% |
+1.71% |
$94K |
$172K |
| BEBE |
$220.53 |
$220.53 |
-0.007% |
— |
— |
+5.5% 多付 |
— |
0.167% |
+0.30% |
$78K |
$2.2M |
| SHAZSHAZ |
$49.79 |
$49.693 |
+0.020% |
— |
— |
-14.8% 空付 |
— |
0.869% |
+0.04% |
$73K |
$3.1M |
| BBBlackBerry |
$9.113 |
$9.108 |
-0.138% |
— |
— |
-56.8% 空付 |
— |
0.350% |
-1.87% |
$69K |
$11.6M |
| BIRDBIRD |
$2.502 |
$2.502 |
-0.384% |
— |
— |
-264.9% 空付 |
— |
1.797% |
-0.94% |
$61K |
$86K |
| URNMURNM |
$55.756 |
$55.756 |
-0.333% |
— |
— |
-89.0% 空付 |
— |
0.936% |
+1.32% |
$59K |
$1.1M |
| GIGADEVGIGADEV |
$61.313 |
$61.313 |
+0.197% |
— |
— |
+71.3% 多付 |
— |
1.721% |
+0.40% |
$59K |
$2.3M |
| BXBlackstone |
$135.85 |
$135.75 |
-0.032% |
— |
— |
-84.2% 空付 |
— |
0.286% |
-0.32% |
$58K |
$541K |
| QCOMQCOM |
$167.69 |
$167.79 |
+0.098% |
— |
— |
+5.5% 多付 |
— |
0.200% |
+0.22% |
$58K |
$3.7M |
| NOKNOK |
$9.416 |
$9.416 |
+0.039% |
— |
— |
+5.5% 多付 |
— |
0.490% |
+0.20% |
$57K |
$935K |
| HIMSHims |
$31.685 |
$31.719 |
+0.127% |
— |
— |
+57.6% 多付 |
— |
0.563% |
+0.55% |
$46K |
$3.1M |
| GMEGameStop |
$19.239 |
$19.282 |
+0.067% |
— |
— |
+44.7% 多付 |
— |
0.838% |
+0.59% |
$45K |
$1.2M |
| PURRDATPURRDAT |
$6.834 |
$6.834 |
+0.002% |
— |
— |
+5.5% 多付 |
— |
0.929% |
+1.25% |
$44K |
$5.9M |
| EBAYeBay |
$111.75 |
$111.74 |
+0.042% |
— |
— |
+9.0% 多付 |
— |
0.898% |
+0.04% |
$35K |
$260K |
| SMHVanEck Semiconductor ETF |
$584.42 |
$583.75 |
-0.031% |
— |
— |
-36.2% 空付 |
— |
0.552% |
+0.26% |
$33K |
$1.6M |
| RIVNRivian |
$16.033 |
$16.031 |
+0.016% |
— |
— |
+5.5% 多付 |
— |
0.300% |
-0.77% |
$27K |
$648K |
| QNTQuantinuum |
$58.302 |
$58.245 |
-0.311% |
— |
— |
-159.0% 空付 |
— |
0.611% |
+0.29% |
$25K |
$1.3M |
| ZMZoom |
$104.81 |
$104.59 |
-0.276% |
— |
— |
-82.1% 空付 |
— |
0.581% |
-0.10% |
$19K |
$328K |
| NCLDNCLD |
$22.978 |
$22.978 |
+1.064% |
— |
— |
+532.8% 多付 |
— |
4.210% |
-1.30% |
$16K |
$58K |
| COSTCostco |
$946.35 |
$946.42 |
+0.085% |
— |
— |
+30.3% 多付 |
— |
0.452% |
-0.10% |
$14K |
$287K |
| GEVGEV |
$992.61 |
$993.5 |
+0.186% |
— |
— |
+92.7% 多付 |
— |
1.084% |
-0.37% |
$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