Owned series · GPU Rentalcollecting daily

GPU Rental

Published GPU cloud prices, observed daily across 6 providers and kept as an append-only record. The anchor is the H100; the signal is the gap between renting now and committing for years.

H100 · on-demand · anchor

US$4.07/GPU-hr0.0%

median across 6 sources, equal-weighted · 37 price rows

Commitment spread

56%

on-demand vs 3-yr reserved (Azure H100) · wider = looser

Spot discount

82%

spot US$2.27 vs on-demand · idle capacity gauge

Coverage

29 GPU models

692 observations · Azure · Hyperstack · Lambda · Nebius · Oracle · Together AI

Term structure · H100-SXM · US$ per GPU-hrthe commitment ladder

Azure, 8-region median

What a year of commitment is worth: the drop from on-demand to reserved is the market’s own price of certainty. When this ladder flattens, capacity is tightening.

On-demand, by model and provider · US$ per GPU-hrmedians per source · latest run

GPU	Azure	Hyperstack	Lambda	Nebius	Oracle	Together AI	Range
GB300	—	—	—	—	18.00	—	18.00
GB200	—	—	—	—	16.00	—	16.00
B300	—	—	—	7.85	15.00	—	7.85–15.00
B200	—	6.00	6.84	7.15	14.00	8.19	6.00–14.00
H100-SXM	12.29	3.20	4.14	3.85	10.00	3.99	3.20–12.29
H100T	—	—	—	—	10.75	—	10.75
H200-SXM	10.60	3.99	—	4.50	—	5.99	3.99–10.60
H200	—	—	—	—	10.00	—	10.00
MI355X	—	—	—	—	8.60	—	8.60
H100-NVL	8.38	2.60	—	—	—	—	2.60–8.38
MI300X	—	—	—	—	6.00	—	6.00
RTX PRO 6000	—	—	—	—	4.50	—	4.50
A100-80G	4.10	1.50	2.79	—	—	—	1.50–4.10
A100	—	—	—	—	4.00	—	4.00
L40S	—	—	—	1.69	3.50	—	1.69–3.50
A100-40G	3.40	1.35	1.99	—	—	—	1.35–3.40
H100-PCIe	—	2.50	3.29	—	—	—	2.50–3.29
E3	—	—	—	—	3.05	—	3.05
E4	—	—	—	—	3.05	—	3.05
V2	—	—	—	—	2.95	—	2.95
GH200	—	—	2.29	—	—	—	2.29
A10	—	—	1.29	—	2.00	—	1.29–2.00
RTX-PRO-6000	—	1.85	—	1.80	—	—	1.80–1.85
X7	—	—	—	—	1.27	—	1.27
A6000	—	0.50	1.09	—	—	—	0.50–1.09
L40	—	1.00	—	—	—	—	1.00
V100	—	—	0.79	—	—	—	0.79
RTX-6000	—	—	0.69	—	—	—	0.69
A4000	—	0.15	—	—	—	—	0.15

Hyperscaler list prices sit well above neocloud rates by design — the gap between the two tiers is a capture-lens signal, not an error.

About this seriesday 4 · history is unrecoverable

Built from published prices at Azure, Hyperstack, Lambda, Nebius, Oracle, Together AI, collected daily into an append-only record. Anchor: H100-SXM on-demand, equal-weighted across sources. B200 is tracked and will join the anchor when its market pricing stabilizes. List prices are asks, not transactions — read direction and spreads, not absolute cost. Every figure traces to a dated source observation.