GPU-hour pricing and token pricing on one page — the reference rates the Treasury desk marks against.
On-demand $/GPU-hr across four standardized GPU configurations, taken cross-provider and rolled up into a single number.
For each constituent SKU we take the cross-provider median of $/GPU-hr (price_per_hour_usd ÷ gpu_count) over the last 24 hours. The index is the arithmetic mean of those four SKU medians.
Output token price across five open-weights frontier models, averaged into a single $/Mtoken figure.
For each constituent we take the latest OpenRouter-published output price, scale per-token to per-million (×1e6), and average across constituents.
Output token price across three closed frontier models, averaged into a single $/Mtoken figure.
Same calculation as the Open index, applied to closed-frontier constituents.