maksa

/lock · indicative · 2026-11-05 19:18 UTC

Fix the price for twelve months.

GPU rental rates rose 40% this year. Lock yours, or cap it.

Monthly volume in
Term
H100-hour, routed · 12 months back, 12 forward19:18 UTC
todaycap $2.85fixed $2.62Nov 25Feb 26May 26Aug 26Nov 26Feb 27May 27Aug 27Nov 27+41% in 12 months
Fixed · 12 mo
$0.487
per million tokens
Cap · 3.1% premium
$0.530
you pay spot below it
Today, routed
$0.392
Month 12 forward
$0.549
Monthly, fixed
$14,616
GPU-hours / month
5,586
Fixed / month
$14,616
Cap ceiling / month
$15,893
Term total, fixed
$175,388

hedge first

How the lock is priced.

  1. 1We buy forward capacity from the providers we route to before we sell you a fixed price, so every locked GPU-hour is already hedged.
  2. 2Your fixed price is the average of our forward curve over your term plus a 3% hedge cost: today that is $2.62 an H100-hour against a month-12 forward of $2.95.
  3. 3A cap costs a 3.1% premium and lets you pay the routed spot price whenever it sits below $2.85.
  4. 4Volume, deadlines and receipts stay the same as spot; only the price stops moving.

Talk to us about Lock.

A named engineer and a term sheet with your numbers in it, inside a shared channel.

Shared channel · reply within the hour · no forms