01AGPU cloud · accelerator ledger· manual survey 2026-10-14 · automated rows 2026-10-14

H200 rental prices

What capacity costs. Compare the active venue stack for H200, the provider-class spread, and the long-run price direction where history is available.

H200 · reference price · Typical — median of 6 specialist clouds

$5.35/GPU·hr

median LIST price · specialist class · posted list/ask prices, not transactions
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H200 reference price — Typical — median of 6 specialist clouds: $5.35/GPU·hr, observed between Oct 11 and Oct 14, 2026 (posted list/ask prices, not transactions). Cite as: AI Compute Tracker, ACT.H200.SPEC-MED@primary-on-demand-v1, https://aicomputetracker.com/gpu-cloud/h200/, AI Compute Tracker (aicomputetracker.com), CC BY 4.0; third-party terms apply to data from GPU cloud pricing pages, RunPod, accessed <date you visit>

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0.0%

vs Oct 13, 2026 · like-for-like

the 5 venues quoted in both; Together AI added

Marketplace floor · n=1 · Vast.ai
$3.68/GPU·hr
Typical — median of 6 specialist clouds
$5.35/GPU·hr
Big-cloud list price · n=3
$7.91/GPU·hr

H200 · Marketplace floor

$3.68/GPU·hr

Vast.ai · n=1

H200 · market coverage

11 venues

All-market access $3.68 → $10.60

H200 · Big-cloud list price

$7.91/GPU·hr

AWS (p5en) · n=3

H200 · specs and price per PFLOP-hour

Spec sources on /hardware →

Spec-sheet row: H200 SXM, reviewed 2026-10-15 against vendor documents; est marks a figure that review did not confirm. Dense tensor rates only, one precision per column — never a sparse figure.

Dense BF16
989TFLOPS
Dense FP8
1,979TFLOPS
Dense FP4
not listed on the spec sheet
Memory
141GB
Bandwidth
4.8TB/s
TDP
700W
$ / PFLOP·hr · BF16
$4.03

$4.03 per dense BF16 PFLOP-hour: Hyperstack's $3.99/GPU·hr — the lowest specialist on-demand list price, observed — ÷ 0.989 PFLOPS dense BF16.

● Market-implied term structure

H200 · market-implied forward curve

Kalshi-implied · Oct avg anchor $5.82 (quality-passed · $5.63–6.09) and monthly-average tenors through Aug ’27 — Aug ’27 ≥$1.66 (thin) — no carry shown: a thin end compares estimates

More actions for H200 · market-implied forward curve
Data — endpoints, license, and freshness behind H200 · market-implied forward curve

/forward-curves.json

Full forward-curve snapshot: instrument-specific anchors, monthly tenors, methodology identity, and per-point ladder evidence.

curl -s https://aicomputetracker.com/forward-curves.json

/curves.csv

Spreadsheet twin of /forward-curves.json: one row per tenor with unit-encoded per-chip columns, quality, and ladder evidence.

curl -s https://aicomputetracker.com/curves.csv

No API key, CORS open (Access-Control-Allow-Origin: *) — fetch it from a browser, a notebook, or a cron job.

The site’s compilation is licensed CC BY 4.0 — attribution for this chart’s data “AI Compute Tracker (aicomputetracker.com), CC BY 4.0; third-party terms apply to data from Kalshi (KalshiEX LLC)”. Third-party source data — such as Kalshi market data, Vast.ai marketplace data, and providers’ list prices — remains subject to its sources’ terms.

Market snapshot

Full data contract →

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Cite as: AI Compute Tracker, “H200 · market-implied forward curve”, market snapshot as of 2026-10-16, https://aicomputetracker.com/gpu-cloud/h200/#forward-curve, Data: Kalshi (KalshiEX LLC), AI Compute Tracker (aicomputetracker.com), CC BY 4.0; third-party terms apply to data from Kalshi (KalshiEX LLC), accessed <date you visit>

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Market depth

Preserved event ladders for 1 visible chip

Quality-passed
4/12
Closed brackets
5/12
Volume
222.3K
Open interest
65.8K
Last record edit
2026-09-09 · 17:33Z

Tap point to pin

Data: Kalshi (KalshiEX LLC) — contract ladders referenced to the Ornn hourly index, snapshot OCT 16 2026 · 16:54 UTC. Nothing is smoothed: each monthly value is its own ladder’s estimate. The lines and bid/ask bands join only quality-passed points; gaps are hollow at their level, unplotted without one; no forward point is current spot or executable.

Exact values for H200 · market-implied forward curve
H200 · market-implied forward curve — exact values in tabular form
TenorH200 implied $/GPU·hrStatus
Anchor$5.82quality-passed · $5.63–6.09
Oct ’26$5.82quality-passed · $5.63–6.09
Nov$5.99quality-passed · $5.50–6.49
Dec$5.77quality-passed · $5.61–5.93
Jan ’27$1.72–6.31thin · $1.72–6.31
Feb≤$5.44thin · ≤$5.44
Mar≤$5.88thin · ≤$5.88
Aprunboundedthin · unbounded
May≥$2.19thin · ≥$2.19
Jununboundedthin · unbounded
Julunboundedthin · unbounded
Aug ’27≥$1.66thin · ≥$1.66

Comparable price history

Loading evidence ledger…

1W · 1M · 3M · 1Y · ALL

H200 · daily venue-class bands

4 archived observation days — “Big-cloud list price”, “Typical — median of specialist clouds” and “Marketplace floor” per GPU-hour, each with its venue count (n)

More actions for H200 · daily venue-class bands
Data — endpoints, license, and freshness behind H200 · daily venue-class bands

/price-history.json

The complete GPU price-history ledger: every series and dated observation, with billing, comparison, quality, and raw-evidence fields.

curl -s https://aicomputetracker.com/price-history.json

/price-history/h200.json

Per-accelerator shard of the price-history ledger — the same series and point shapes filtered to one chip.

curl -s https://aicomputetracker.com/price-history/h200.json

No API key, CORS open (Access-Control-Allow-Origin: *) — fetch it from a browser, a notebook, or a cron job.

The site’s compilation is licensed CC BY 4.0 — attribution for this chart’s data “AI Compute Tracker (aicomputetracker.com), CC BY 4.0; third-party terms apply to data from Vast.ai, Amazon Web Services, Microsoft Azure, Google Cloud, Oracle Cloud Infrastructure, Vultr, GPU cloud pricing pages, RunPod, Voltage Park”. Third-party source data — such as Kalshi market data, Vast.ai marketplace data, and providers’ list prices — remains subject to its sources’ terms.

Live quotes

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Cite as: AI Compute Tracker, “H200 · daily venue-class bands”, ACT.H200.HYP-FLOOR@primary-on-demand-v1, ACT.H200.SPEC-MED@primary-on-demand-v1, ACT.H200.MKT-FLOOR@marketplace-access-v1 (posted list/ask prices, not transactions), live quotes as of 2026-10-14, https://aicomputetracker.com/gpu-cloud/h200/#class-bands, AI Compute Tracker (aicomputetracker.com), CC BY 4.0; third-party terms apply to data from Vast.ai, Amazon Web Services, Microsoft Azure, Google Cloud, Oracle Cloud Infrastructure, Vultr, GPU cloud pricing pages, RunPod, Voltage Park, accessed <date you visit>

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Venue-class band chart awaiting interactive loadStatic chart frame · exact values in table view

Daily class aggregates from published Neon quote snapshots, archived through 2026-10-14; their citable series IDs, with each comparison-policy version, are under Cite. A day or class without a comparable quote stays a gap — never interpolated; a median on fewer than 3 venues is drawn as its range (a vertical bar), never as a point on the line, and the tooltip and table view print that range.

H200 · current published quotes

Hourly prices retain each venue’s billing model, cheapest first. Observation dates vary by row: unavailable sources retain their last valid quote, never a new observation date. All rows: Provisional — Dated source-page observation; the raw payload is not yet pinned to the archive.

11 venues
Current H200 prices per GPU-hour by provider and billing model
ProviderClassBilling$ / GPU·hrNotesEvidenceObserved
Vast.aiMarketplaceMarketplace / variable availability$3.68Marketplace — live asks varySource — Vast.ai marketplace search API, Vast.ai
HyperstackSpecialistOn-demand$3.99On-demand table; reserved and spot rates are separate.Source — Hyperstack published pricing, Hyperstack
CrusoeSpecialistOn-demand$4.29GPU instance on-demand table; managed inference is a different product.Source — Crusoe published pricing, Crusoe
ModalSpecialistServerless / per-second$4.54GPU-only rate $0.001261/second × 3,600; CPU, memory, and other resources billed separately.Source — Modal published pricing, Modal
RunPodSpecialistOn-demand$5.29Secure Cloud selected; community, serverless, and cluster prices differ.Source — RunPod published pricing, RunPod
NebiusSpecialistOn-demand$5.40On-demand rate effective October 1, 2026. Preemptible starting rates vary with capacity.Source — Nebius published pricing, Nebius
Together AISpecialistOn-demand$5.99GPU Clusters hourly on-demand rate; dedicated inference and preemptible rates differ.Source — Together AI published pricing, Together AI
CoreWeaveSpecialistOn-demand$6.31Whole-instance on-demand price $50.44/hour divided by 8; single-GPU inference is a separate offering.Source — CoreWeave published pricing, CoreWeave
AWS (p5en)HyperscalerOn-demand$7.91Source — AWS EC2 pricing, AWS (p5en)
Oracle OCIHyperscalerOn-demand$10.00Published USD per GPU-hour; multiply by eight for the full bare-metal instance.Source — Oracle OCI published pricing, Oracle OCI
Azure (ND v5)HyperscalerOn-demand$10.60Source — Azure Retail Prices API, Azure (ND v5)

Archived list prices for H200: 50 quarterly captures from 10 providers, 2024Q4 to 2026Q3, on the archived prices page.

H200 rental price — common questions

Generated from the current datasets — each answer carries its own stamp and updates when the data refreshes.

How much does an H200 cost to rent?

As of the Oct 14, 2026 survey: the big-cloud list price is $7.91/GPU·hr; the typical price (median of 6 specialist clouds) is $5.35/GPU·hr (includes RunPod, last observed Oct 11, 2026); the marketplace floor is $3.68/GPU·hr (Vast.ai, last observed Oct 12, 2026). All figures are posted list/ask prices, not transactions.

Where is H200 cheapest to rent?

As of the Oct 14, 2026 survey, Hyperstack lists the cheapest on-demand price at $3.99/GPU·hr (specialist class). Separately, Vast.ai lists the marketplace floor at $3.68/GPU·hr (last observed Oct 12, 2026) — variable availability, often interruptible or community hardware, so it is not comparable with on-demand list prices. These are posted list/ask prices, not transactions.

Where does the market expect H200 prices to go?

Market snapshot OCT 16 2026 · 16:54 UTC: Kalshi contract ladders price H200 at $5.82/GPU·hr for Oct ’26 but give no reliable level by Aug ’27 (bids put the median at $1.66 or more, no ask bounds it). Thin markets this session — no reliable front-to-back move: the Aug ’27 point is thin. Forward tenors are market-implied monthly averages referenced to the Ornn hourly index; they are indicative, not executable quotes, and no forward point is current spot.

←All GPUs & providers

Background reading: NVIDIA H200 on AI Wiki. AI Wiki is run by the same team as AI Compute Tracker.