NVIDIA H200 SXM rental pricing

The cheapest NVIDIA H200 SXM in stock right now is $0.79 per GPU-hour spot from Nebius for the 1× H200 SXM configuration. The median on-demand rate across 25 providers is $4.47 per GPU-hour.

Running one NVIDIA H200 SXM around the clock for a month (730 hours) costs about $577 at the cheapest in-stock rate of $0.79 per hour. At the median on-demand rate it is about $3,263 a month. Reserved terms usually come in below that; ask the provider for a quote.

Nebius has the cheapest NVIDIA H200 SXM in stock right now at $0.79 per GPU-hour spot for the 1× H200 SXM configuration. That is a spot rate; see the provider table for the cheapest on-demand listing. Rates change often, so check the provider table for today's figure before you commit.

The weekly median on-demand rate for the NVIDIA H200 SXM has been flat, moving 0.0% over the last 4 weeks, from $4.38 to $4.38 per GPU-hour.

On-demand is pay-as-you-go with no commitment. Spot is spare capacity sold at a discount that the provider can reclaim at short notice. Reserved is a committed term, usually months, in exchange for a lower rate. Community is capacity from individual hosts on a marketplace, cheaper and less uniform. This week's median rates for the NVIDIA H200 SXM are on-demand $4.38 (26 providers), spot $2.92 (6 providers), reserved $3.63 (5 providers), community $3.97 (4 providers), per GPU-hour.

We track 30 providers with 57 live prices for the NVIDIA H200 SXM. Sold-out listings stay in the table so you can see who normally carries it, but never set the cheapest figure.

With 8-bit weights and a single sequence of context, one NVIDIA H200 SXM holds gpt-oss-20b (20.9B), Gemma 3 27B (27.4B), Qwen3-32B (32.8B), Llama 3.3 70B Instruct (70.6B), gpt-oss-120b (117B). See the model fit table for the full ladder.

At its cheapest in-stock on-demand rate the NVIDIA H200 SXM delivers dense FP8 compute at $1.06 per PFLOP-hour, which ranks 9 of 31 priced GPUs we cover on that basis. Lower is better: it is the rental price divided by peak FP8 throughput.

Prices are read daily from each provider's public price list or API and recorded whenever they change. Listings are shown per GPU-hour on-demand unless marked otherwise, and the chart covers the last 30 days. The newest listing was checked 5h ago.

The SXM rents from $0.79 per GPU-hour, 78% less than the NVL at $3.61. The SXM is an SXM module, rated at 700 W against 600 W for the NVL card. Hosting a module with that power and interconnect budget costs more than hosting a card, and the hourly rate carries it.