Compute Comparison

Compare Compute Market Instruments

A symmetric view of provider-documented compute derivatives and capacity forwards. Missing contract terms remain unknown.

8 instruments across 5 providers

No execution

InstrumentProviderTypeLifecycleContract termsSettlement or deliveryObservedEvidence
GPU-hour Compute Futuresgpu-hour-compute-futuresfutures programannouncedA planned suite of GPU-hour futures and options across monthly-to-yearly terms for NVIDIA H100, H200, B200, and B300 rental prices. The intended products remain subject to regulatory review.Architect describes the futures as cash-settled against the AI Exchange daily index and marked to market daily.Aug 28, 2026Official fact
Silicon Data B200 Rental Index Futuressilicon-data-b200-rental-index-futuresfuturesannouncedPlanned October 5, 2026 launch, pending regulatory review. Each contract represents one month of NVIDIA B200 rent and is subject to NYMEX rules.References a Silicon Data index measuring hourly NVIDIA B200 rental costs.Aug 28, 2026Official fact
Silicon Data H100 Rental Index Futuressilicon-data-h100-rental-index-futuresfuturesannouncedPlanned October 5, 2026 launch, pending regulatory review. Each contract represents one month of NVIDIA H100 rent and is subject to NYMEX rules.References a Silicon Data index measuring hourly NVIDIA H100 rental costs.Aug 28, 2026Official fact
Bilateral GPU Capacity Forwardbilateral-gpu-capacity-forwardbilateral forwardlistedRequest-for-quote commitment to buy or sell specified GPU capacity for a future date. GPU model, quantity, duration, start date, price, SLA, payment, and cancellation terms are negotiated directly; the marketplace says 32 or more GPUs and one month or longer are typically practical, but sets no hard minimum.Physical delivery of reserved GPU capacity under a directly negotiated buyer-seller agreement. Compute Exchange facilitates matching and does not act as counterparty.Aug 28, 2026Provider-reported
Dated GPU-hour Futuresdated-gpu-hour-futuresdated futureannouncedPlanned dated futures on per-model GPU-hour prices. Inferra's published roadmap explicitly says this instrument is not built yet.Not yet specified in the cited roadmap.Aug 28, 2026Provider-reported
GPU-hour Index Perpetualgpu-hour-index-perpetualperpetual futurelistedProvider-reported devnet perpetual on a GPU-hour price index with up to 10x leverage. Inferra's roadmap says mainnet settlement contracts exist, but public mainnet supply is still in progress.No-expiry index exposure on devnet, margined and settled in the protocol settlement asset; the roadmap states mainnet orders settle in USDC.Aug 28, 2026Provider-reported
NATIVX COIL Index Compute Futuresnativx-coil-index-compute-futuresfutures programannouncedA planned U.S. dollar-denominated Compute futures program expected later in 2026, subject to regulatory processes. COIL includes training, inference, graphics, and connectivity sub-index families.Cash-settled against NATIVX's energy-normalized COIL Index for tokenized compute and connectivity.Aug 28, 2026Official fact
Ornn OCPI Compute Futuresornn-ocpi-compute-futuresfutures programannouncedA planned suite of U.S. dollar-denominated GPU Compute futures. ICE says contracts may reference OCPI series for H100, H200, B200, RTX 5090, and future GPU types; launch remains subject to regulatory approval.Cash-settled against Ornn Compute Price Index series derived from printed GPU-compute transactions.Aug 28, 2026Official fact

No winner is assigned to the current compute fields: instrument type, lifecycle, contract terms, settlement, recency, and evidence class are categorical. Official exchange announcements are labeled separately from marketplace and protocol claims; “announced” is not “listed,” and “listed” is not evidence of trading volume or liquidity.

Questions

Compute Market Comparison FAQs

Which provider lists the most compute market instruments?+

CME Group has the most instruments in the current catalog with 2. This is catalog coverage, not evidence of liquidity or trading volume.

Which GPU compute markets are trading live?+

No instrument in the current catalog is marked trading live.

What is the difference between compute futures, forwards, and perpetuals?+

The instrument type and cited contract specification determine expiry, settlement, collateral, and delivery terms. Model Markets preserves those terms rather than treating every compute-linked market as interchangeable.

Which compute market is best?+

The current fields do not establish a best instrument. Contract structure, settlement, lifecycle, liquidity, counterparty risk, and the GPU capacity exposure you need all matter; no liquidity or execution winner is inferred.

Can I trade compute contracts through Model Markets?+

No. Model Markets is a sourced comparison catalog and does not execute trades or imply that an announced or listed instrument has active liquidity.

What do announced, listed, trading live, and settled mean?+

Announced means the venue has described a planned instrument; listed means a contract is cataloged; trading live requires an explicit venue statement of live trading; settled means the contract has completed settlement. These labels do not imply liquidity.

How do GPU compute contracts settle?+

8 tracked instruments have a sourced settlement methodology. Compare the exact benchmark, index, cash-settlement, or delivery terms in each instrument record.

Do compute market contracts expire?+

No sourced expiration is present in the current comparison snapshot.

Does Model Markets show compute-market prices or liquidity?+

Not currently. The catalog compares instrument identity, structure, lifecycle, expiration, settlement, and primary venue evidence; it does not infer a best market from an announcement or listing.

How current are the compute market records?+

The newest instrument observation is Aug 28, 2026. Each row links to its venue source so lifecycle claims can be checked directly.

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