Fine-Tune Cost Lab

Scenario · 70B parameters · Full fine-tune

70B full fine-tune on 100 million tokens: cost estimate

70 billion parameters, 100 million tokens, full fine-tune. The lowest estimate across 11 GPU entries is $35 on Vultr with MI355X, 13 h of GPU time at 35% MFU. An estimate, not a quote.

Step by step

The arithmetic

  1. 1. Training FLOPs. 6 × 70 × 10^9 parameters × 100 million tokens = 4.20 × 10^19 FLOPs. About 2 x parameters x tokens for the forward pass plus about 4 x for the backward pass, because the backward pass computes gradients for activations and for every weight.
  2. 2. Useful throughput per GPU. Dense BF16 TFLOPS × 10^12 × 35% MFU. The table gives it for each GPU.
  3. 3. GPU-hours. FLOPs ÷ throughput ÷ 3,600. For L40S (362.05 TFLOPS): 4.20 × 10^19 ÷ 1.27 × 10^14 ÷ 3,600 = 92 GPU-hours.
  4. 4. Wall-clock. GPU-hours ÷ 8 GPUs, assuming the work spreads evenly.
  5. 5. Cost. GPU-hours × each provider's lowest listed on-demand price per GPU-hour for that GPU.

Result

Estimated cost by GPU

GPUDense BF16 TFLOPSGPU-hours8 GPUsProvidersLowestMedianHighest
MI355X2500131.7 h2$35Vultr$75$115Oracle Cloud
MI300X1307.4253.2 h4$47Vultr$77$153Oracle Cloud
MI325X1307.4253.2 h2$51Vultr$74$97DigitalOcean (Paperspace)
H100 SXMpreliminary1000334.2 h6$98Thunder Compute$106$170Verda
GH200990344.2 h2$67Vultr$143$219CoreWeave
H100 PCIepreliminary800425.2 h2$104Hyperstack$112$120RunPod
L40S362.059212 h14$51Runcrate$141$322Oracle Cloud
A100 80GB31210713 h12$116Thunder Compute$202$367Amazon Web Services
L40181.0518423 h6$145Thunder Compute$171$232Runcrate
A40149.722328 h3$131RunPod$381$592Runcrate
A1012526733 h4$267OVHcloud$513$853Microsoft Azure

Prices are each provider's lowest listed on-demand rate per GPU-hour, read 12 November 2026. Only GPUs whose maker prints a dense BF16 figure appear; the coverage page says which are out and why.

Sensitivity

What if MFU were different? (L40S)

MFU assumedGPU-hours8 GPUsLowest cost
20%16120 h$89
35% (default)9212 h$51
50%648.1 h$35

The 20% and 50% rows are what-if inputs chosen to show sensitivity, not measurements. Lowest cost uses Runcrate at $0.55 per GPU-hour.

Try it

Change the assumptions

Estimate, step by step

  1. 1. Training FLOPs = 6 × 70 billion parameters × 100 million tokens = 4.20 × 10^19
  2. 2. Useful FLOP/s per GPU = 362.05 TFLOPS × 35% MFU = 1.27 × 10^14
  3. 3. GPU-hours = step 1 ÷ step 2 ÷ 3,600 = 92.1
  4. 4. Wall-clock on 8 GPUs = step 3 ÷ 8 = 12 h, assuming the work spreads evenly
  5. 5. Cost = step 3 × each provider's lowest listed price per GPU-hour
ProviderBilling$/GPU-hrEstimated cost
Runcrateours, liveper second$0.55$51
CloudRiftper second$0.69$64
Massed Computebilling not stated$0.97$89
RunPodper second$1.09$100
Koyebper second$1.20$110
Civoper hour$1.29$119
Crusoeper hour$1.50$138
DigitalOcean (Paperspace)per second$1.57$145
Vultrper hour$1.67$154
OVHcloudper hour$1.80$166
Amazon Web Servicesper second$1.86$171
Verdabilling not stated$2.00$184
CoreWeavebilling not stated$2.25$207
Oracle Cloudbilling not stated$3.50$322

Range $51 to $322, median $141 across 14 providers. An estimate, not a quote: real runs differ in utilisation, memory fit, communication and restarts, and providers that bill per hour round up.

Questions

70B full fine-tune on 100 million tokens: common questions

How many FLOPs does this take?

About 4.20 × 10^19: 6 × 70 billion parameters × 100 million tokens. About 2 x parameters x tokens for the forward pass plus about 4 x for the backward pass, because the backward pass computes gradients for activations and for every weight.

What does it cost at the low end?

$35, on Vultr with MI355X at $2.59 per GPU-hour, for 13 GPU-hours.

Is this a quote?

No. It is an estimate from a stated formula and published list prices. Real runs differ in utilisation, memory fit and restarts, and the MFU is an assumption.

Why are some GPUs missing?

A GPU needs a dense BF16 figure printed by its maker. Those that print only a sparse figure are excluded rather than halved.

Related

Disclosure

Fine-Tune Cost Lab is published by the Runcrate team, who also run Runcrate, an AI cloud. Runcrate is listed in the table, marked "ours, live". It is sorted by price like every other row, with no pinned position. Other providers' prices are read from their own public pricing pages. We have no paid placement.