NVIDIA RTX 5090 · Average hourly price in July

July 2026

$27.7K Vol.Closes Aug 1, 2026

Above $0.50$3K Vol.64%

Above $0.75$7.4K Vol.6%

Above $1.00$7.8K Vol.1%

Above $1.25$6.6K Vol.1%

Above $1.50$1.8K Vol.1%

Above $1.75$107.7 Vol.1%

Above $2.00$1K Vol.1%

View on Kalshi

At a glance

What

Cloud computing providers are renting NVIDIA's RTX 5090 GPU by the hour, with prices fluctuating between spot and on-demand tiers throughout July 2026.

Who

The market involves cloud GPU rental platforms (e.g., SaladCloud, Vast.ai, RunPod) and users seeking high-performance computing for AI or graphics tasks.

Context

The RTX 5090's hourly rental rate has dropped significantly over the past year due to increased provider availability and competitive pricing models.

Stakes

An average July price above $0.50/hour would indicate sustained moderate demand for RTX 5090 compute, while a lower average suggests the market is favoring cheaper spot instances.

Note: The market resolves on the arithmetic mean of hourly values reported specifically by Ornn, which may differ from median prices observed across general cloud aggregators like GetDeploying or GPUs.io.

Jul 1

RTX 5090 on-demand pricing has decreased by approximately 38% since June 2025, falling from $0.90/hr to $0.55/hr.

getdeploying.com

Jul 18

The July average hourly price for NVIDIA RTX 5090 compute was reported at $0.51, placing the market's "Above $0.50" outcome chance at 69%.

kalshi.com

Jul 19

Cloud pricing for the RTX 5090 currently ranges from $0.24/hr for spot instances up to $1.15/hr for high-end on-demand tiers across 10+ providers.

getdeploying.com

Now

AI-generated briefing. AI can make mistakes. This is not financial advice.

Bull case

The arithmetic mean of hourly values reported by Ornn for July 2026 is already $0.51, which exceeds the $0.50 threshold.
kalshi.com
On-demand pricing for RTX 5090 remains relatively high at $0.55/hr, averaging $0.57/hr across 132 on-demand listings, which supports a higher monthly mean.
getdeploying.com
A market median of $0.87/GPU/hour exists across 162 configurations, suggesting that non-spot pricing continues to push the average above $0.50.
gpus.io

AI-generated briefing. AI can make mistakes. This is not financial advice.

Bear case

Spot instances are available at $0.24/hr to $0.43/hr, with 105 listings (over 33% of total tracked) offering these lower rates that could drag the average below $0.50 if heavily utilized.
getdeploying.com
The cheapest available RTX 5090 instance is $0.25/hr on SaladCloud, and $0.26/hr on Vast.ai, creating a significant low-end floor that pressures the monthly average.
rentgpu.org techradar.com
On-demand prices have trended downward by 38% year-over-year, dropping from $0.90/hr to $0.55/hr, indicating a structural shift toward cheaper compute access.

At a glance

What

Cloud computing providers are renting NVIDIA's RTX 5090 GPU by the hour, with prices fluctuating between spot and on-demand tiers throughout July 2026.

Who

The market involves cloud GPU rental platforms (e.g., SaladCloud, Vast.ai, RunPod) and users seeking high-performance computing for AI or graphics tasks.

Context

The RTX 5090's hourly rental rate has dropped significantly over the past year due to increased provider availability and competitive pricing models.

Stakes

An average July price above $0.50/hour would indicate sustained moderate demand for RTX 5090 compute, while a lower average suggests the market is favoring cheaper spot instances.

Jul 1

RTX 5090 on-demand pricing has decreased by approximately 38% since June 2025, falling from $0.90/hr to $0.55/hr.

getdeploying.com

Jul 18

The July average hourly price for NVIDIA RTX 5090 compute was reported at $0.51, placing the market's "Above $0.50" outcome chance at 69%.

kalshi.com

Jul 19

Cloud pricing for the RTX 5090 currently ranges from $0.24/hr for spot instances up to $1.15/hr for high-end on-demand tiers across 10+ providers.

getdeploying.com

Now

AI-generated briefing. AI can make mistakes. This is not financial advice.

Bull case

The arithmetic mean of hourly values reported by Ornn for July 2026 is already $0.51, which exceeds the $0.50 threshold.
kalshi.com
On-demand pricing for RTX 5090 remains relatively high at $0.55/hr, averaging $0.57/hr across 132 on-demand listings, which supports a higher monthly mean.
getdeploying.com
A market median of $0.87/GPU/hour exists across 162 configurations, suggesting that non-spot pricing continues to push the average above $0.50.
gpus.io

AI-generated briefing. AI can make mistakes. This is not financial advice.

Bear case

Spot instances are available at $0.24/hr to $0.43/hr, with 105 listings (over 33% of total tracked) offering these lower rates that could drag the average below $0.50 if heavily utilized.
getdeploying.com
The cheapest available RTX 5090 instance is $0.25/hr on SaladCloud, and $0.26/hr on Vast.ai, creating a significant low-end floor that pressures the monthly average.
rentgpu.org techradar.com
On-demand prices have trended downward by 38% year-over-year, dropping from $0.90/hr to $0.55/hr, indicating a structural shift toward cheaper compute access.

Sentiment

Last 30 days

RTX 5090

Emotions

Last 30 days

RTX 5090

Sentiment over time

Last 30 days

RTX 5090

Volume over time

Last 30 days

RTX 5090

Word cloud

Last 30 days

RTX 5090