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Pricing Guide

Galadriel uses marketplace-driven pricing where supply and demand determine GPU costs through a transparent orderbook system. This guide explains how pricing works and strategies to save money.

Core Pricing Model

Market-Driven vs Fixed Pricing

AspectFixed Pricing (Traditional Cloud)Marketplace (Galadriel)
Price discoveryPlatform sets priceMarket determines price ✓
Demand responseFixed regardless of demandAdjusts to demand ✓
Customer savingsNo opportunity for dealsCan bid below market ✓
Price transparencyOpaqueFull orderbook visibility ✓
Result: Lower average prices, better utilization, more supply.

Platform Fee

All transactions include a 10% platform fee:
Example Transaction:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Customer pays:        16 GPUs × 24h × $1.40/hr = $537.60
Platform fee (10%):                               +$53.76
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Total charge:                                     $591.36

Provider receives (90%):                          $483.84
What the 10% covers:
  • ✅ Orderbook matching engine
  • ✅ Payment processing (Stripe fees ~3%)
  • ✅ Kubernetes orchestration
  • ✅ Network setup (InfiniBand config)
  • ✅ Monitoring and support
  • ✅ Platform development and operations

Typical Pricing Patterns

By Time of Day

Typical H100 Pricing (us-west-1)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

Weekday Peak (9am-6pm):
  Supply: 500 GPUs
  Demand: 800 GPUs
  Price: $1.40-1.50/hr ⬆️

Weekday Off-Peak (6pm-9am):
  Supply: 500 GPUs
  Demand: 200 GPUs
  Price: $1.20-1.30/hr ⬇️ (10-15% cheaper)

Weekends:
  Supply: 500 GPUs
  Demand: 300 GPUs
  Price: $1.25-1.35/hr ➡️ (5-10% cheaper)

Conference Deadlines (e.g., NeurIPS):
  Supply: 500 GPUs
  Demand: 1500+ GPUs
  Price: $1.80-2.00/hr ⬆️⬆️ (40-60% surge)

Price History Example

View historical prices:
galadriel prices --gpu-type h100 --zone us-west-1 --days 7
Output:
H100 Price History (us-west-1) - Last 7 Days
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
$2.00 ┤                                    ╭╮
$1.90 ┤                                   │╰╮
$1.80 ┤                                  ╭╯ ╰╮
$1.70 ┤              ╭───╮              │    ╰╮
$1.60 ┤          ╭───╯   ╰───╮      ╭───╯     ╰─╮
$1.50 ┤      ╭───╯           ╰──────╯           ╰──
$1.40 ┤  ────╯
$1.30 ┤
$1.20 ┤──────
      └┬────┬────┬────┬────┬────┬────┬────┬───
      Mon  Tue  Wed  Thu  Fri  Sat  Sun  Mon

Current: $1.35/hr
7-day avg: $1.42/hr
7-day low: $1.20/hr (Sun 3am)
7-day high: $1.95/hr (Wed 2pm - Conference deadline)

💡 Tip: Best prices typically 11pm-6am (15-20% less demand)

Cost Optimization Strategies

1. Time-Shift Workloads (Save 30-40%)

Run workloads during off-peak hours:
Instead of: Running during peak hours
Do this: Schedule for off-peak (nights/weekends)

Example:
  Peak price: $1.45/hr
  Off-peak price: $1.25/hr
  Savings: 14%

  Job: 16 GPUs × 12 hours
  Peak cost: $278.40
  Off-peak cost: $240.00
  Saved: $38.40
How to do it:
# Flexible order - execute anytime in next 48h
galadriel order buy \
  --gpu-type h100 \
  --gpus 16 \
  --duration 12h \
  --flex 48h \
  --price 1.30

2. Use Limit Orders (Save 10-25%)

Set your maximum price and wait:
Instead of: Market orders (instant but expensive)
Do this: Limit orders below current market

Example:
  Current market: $1.40/hr
  Your limit: $1.25/hr (11% below)
  Wait time: 2-4 hours

  Job: 8 GPUs × 24 hours
  Market cost: $268.80
  Limit cost: $240.00
  Saved: $28.80

  Worth waiting? YES if not urgent
How to do it:
galadriel order buy \
  --gpu-type h100 \
  --gpus 8 \
  --duration 24h \
  --price 1.25

3. Monitor the Orderbook

Check prices before buying:
# View current orderbook
galadriel orderbook --gpu-type h100 --zone us-west-1

# Get price estimate
galadriel prices estimate --gpu-type h100 --gpus 16 --zone us-west-1
If the spread is wide or prices are high, consider:
  • Placing a limit order below best ask
  • Waiting for off-peak hours
  • Using flexible timing

4. Resell Unused Time

Finished early? Recover costs by reselling:
Original purchase: 168h × 16 GPUs × $1.30 = $3,494.40
Used: 120h (5 days)
Remaining: 48h (2 days)

Without reselling:
- Refund: 48h × 16 × $1.30 = $998.40

With reselling at $1.20/GPU/hr:
- Refund: $998.40 (from Galadriel)
- Resell revenue: 48h × 16 × $1.20 = $921.60
- Platform fee (10%): -$92.16
- Net recovery: $829.44
- Total back: $998.40 + $829.44 = $1,827.84
- Extra recovered: $829.44
How to do it:
galadriel lease resell lse_xyz123 --price 1.20
See the Reselling Guide for details.

Comparing Order Types

Cost Comparison Example

Job: 16 GPUs × 24 hours in us-west-1
Order TypePriceTotal CostWait TimeSavings
Market$1.40/hr$537.600 minBaseline
Limit ($1.30)$1.30/hr$499.20~1-2 hrs$38.40 (7%)
Limit ($1.25)$1.25/hr$480.00~3-5 hrs$57.60 (11%)
Flexible (48h)$1.20/hr$460.80Scheduled$76.80 (14%)
Platform fee (10%) is included in all costs shown above.

When to Use Each Order Type

Market Orders:
  • ✅ Deadline-driven workloads
  • ✅ Production inference serving
  • ✅ Time-sensitive experiments
  • ❌ Cost-optimized training
  • ❌ Batch processing jobs
Limit Orders:
  • ✅ Non-urgent training runs
  • ✅ Cost-sensitive workloads
  • ✅ Predictable schedules
  • ❌ Immediate needs
  • ❌ Guaranteed execution time
Flexible Orders:
  • ✅ Maximum cost savings
  • ✅ Batch jobs
  • ✅ Dataset preprocessing
  • ✅ Model evaluation
  • ❌ Interactive development
  • ❌ Fixed deadlines

Billing & Invoicing

How Billing Works

1. Order Placement
Customer creates buy order: 16 GPUs @ max $1.35/hr × 24h
Platform holds authorization: $1.35 × 16 × 24 × 1.10 = $570.24
(Includes 10% platform fee)
2. Order Matching
Matched with provider at $1.30/hr (below max!)
Actual charge: $1.30 × 16 × 24 × 1.10 = $548.48
Saved: $21.76 vs max price
3. Early Termination
If terminated early (e.g., after 20 hours):
  Actual usage: $1.30 × 16 × 20 × 1.10 = $457.60
  Refund: $548.48 - $457.60 = $90.88

Monthly Invoice Example

Galadriel GPU Marketplace - November 2025
Customer: [email protected]

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
DATE        ORDER         GPUs  HOURS  RATE    COMPUTE    FEE      TOTAL
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
11/05 14:00 ord_abc123    16    24.0   $1.30    $499.20   $49.92   $549.12
11/08 09:00 ord_def456     8    12.5   $1.45     145.00    14.50    159.50
11/15 22:00 ord_ghi789    32    48.0   $1.20   1,843.20   184.32  2,027.52
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

Subtotal (Compute):                                       $2,487.40
Platform Fees (10%):                                        $248.74
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Total:                                                    $2,736.14

Payment Method: Card ending in 1234
Due Date: 2025-12-08

💡 Savings this month: $412 by using limit orders and off-peak hours
View billing:
galadriel billing usage
galadriel billing invoices

What’s Included (No Extra Fees)

All instances include:
  • Compute: Full node exclusivity (8 GPUs minimum)
  • InfiniBand: 400 Gbps RDMA, GPUDirect enabled
  • Network Egress: Unlimited data transfer out
  • Storage: At least 2TB of local NVMe storage per node
  • Support: Email/Slack support, documentation
  • API Access: Unlimited API calls
  • SSH Access: Direct SSH to all your nodes
  • Kubernetes Access: Full kubectl access
No hidden fees. Just the 10% platform fee on compute.

Refund & Cancellation Policy

Early Termination by Customer

Scenario: Ordered 24h, terminated after 4.5h

Original order:
  16 GPUs × $1.30/hr × 24h = $499.20 + $49.92 fee = $549.12

Actual usage:
  16 GPUs × $1.30/hr × 4.5h = $93.60 + $9.36 fee = $102.96

Refund: $549.12 - $102.96 = $446.16 (credited immediately)

Cancellation Before Start

over 24 hours before: Full refund (100%)
1-24 hours before: 50% refund (provider gets 50% of 1hr cost)
under 1 hour before: No refund (provider gets 1hr minimum)
Rationale: Protects providers who blocked capacity

Hardware Failure (Platform Responsibility)

Job running 10 hours, GPU fails, 1 hour downtime

Full refund for downtime: 1hr × 16 GPUs × $1.30 × 1.10 = $22.88
Automatic credit to account
Provider still gets paid (platform absorbs cost)

Price Guarantees

For Customers

1. No Surprise Charges
  • Limit orders guarantee max price
  • Market orders show price before confirmation
  • No hidden fees beyond 10% platform fee
2. Price Lock
  • Once matched, price is fixed for entire duration
  • No surge pricing mid-job
  • Early termination gets prorated refund at matched price
3. Price History
  • All historical prices publicly visible
  • Can analyze trends before ordering
  • Algorithm recommendations based on patterns

For Providers

1. Minimum Price Guarantee
  • Your listing price is the minimum you’ll accept
  • Platform never matches below your min price
  • Can adjust prices anytime (for future orders)
2. Payment Guarantee
  • Platform holds customer payment upfront
  • You get paid even if customer cancels
  • Automatic payout after job completion

Advanced: Price Estimation

Get accurate price estimates before ordering:
# Estimate cost for market order
galadriel prices estimate --gpu-type h100 --gpus 16 --zone us-west-1
Output:
Price Estimate for Market Order
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
GPU Type: H100
Zone: us-west-1
Quantity: 16 GPUs

Estimated price: $1.38/hr (weighted average)
Best ask: $1.40/hr
Worst fill price: $1.45/hr
Total available: 48 GPUs
Sufficient liquidity: YES ✓

For 24h lease:
  Estimated cost: $530.88
  Platform fee: $53.09
  Total: $583.97

Next Steps