AWS re:Invent re:Flection - Spot Pricing
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Spot PricingSave Up to 92% on your Amazon EC2 Bill with Spot Instances
What is Spot?
Name your own price for EC2 ComputeA market where price of compute changes based upon Supply and DemandWhen Bid Price exceeds Spot Market Price, instance is launchedInstance is terminated if market price exceeds bid price
Spot Is Not One MarketPrices can, but often dont fluctuate wildly
Spot Price By:Each instance familyEach instance sizeEach availability zoneIn every region
Each is a separate Spot Market
Bid Price and Market Price
c3.8xlarge 32 vCPUs / 60 GiB
OnDemand: $2.117 per HourSpot: $0.3248 per Hour
Spot Pricing TipsTip 1: Instance flexibility is key!
Tip 2: Bid the on-demand price
EC2 Best PracticesStatelessFault Tolerance
Multi AZLoosely CoupledInstance Flexibility
All of the above will give good spot suitability!