Published 07:13 AEST · Before US Open · Wednesday, 9 September 2026Pipeline 04:30 AESTVol. I  No. 121
The Grid
Independent Price Reporting for the Compute Market
thegridco.ai
EST. 2026 · SYDNEY
Benchmarks & industry levels · the map of coverage

What The Grid runs, and what it cites.

Two different things, kept structurally apart. What The Grid runs: instruments and registers produced under the published methodology, each with a specification page and one home. What The Grid cites: levels published by others, which are attributed to their publisher with source and date, are never rehosted, never enter a Grid series, and never render as Grid numbers.

Instruments The Grid runs

from the specification registry
CodeNameClassStatusSpecificationHome
GAP-H100Grid Assessed Price — H100 spotCLASS 3 · INDICATORPRINTING/standards/instruments/gap-h100/providers
GAP-H100-R1YGrid Assessed Price — H100, 1-year reservedCLASS 1 · ASSESSMENTSUSPENDED FROM 2026-08-22/standards/instruments/gap-h100-r1y/instruments
GTS-1YGrid Term Spread — 1 yearCLASS 2 · CALCULATEDSUSPENDED FROM 2026-08-22/standards/instruments/gts-1y/instruments
Grid BasisGrid Basis — OCPI minus GAP-H100CLASS 2 · CALCULATEDPRINTING · QUALIFICATION-GATED/standards/instruments/grid-basis/instruments
GPIGrid Pressure IndexCLASS 3 · INDICATORPRINTING/standards/instruments/gpi/instruments
GCCXGrid Compute Complex IndexCLASS 3 · INDICATORPRINTING/standards/instruments/gccx/instruments
GCCX divergenceGCCX vs physical divergenceCLASS 3 · INDICATORPRINTING/standards/instruments/gccx-divergence/instruments
RWIReference Workload Index — RW-S and RW-LCLASS 3 · INDICATORPRINTING/standards/instruments/rwi/instruments
Grid Inference SpreadGrid Inference Spread — RW-S and RW-LCLASS 2 · CALCULATEDPRINTING/standards/instruments/grid-inference-spread/instruments

Class vocabulary: Class 1 · assessment — a price for a defined thing; Class 2 · calculated — arithmetic on assessments or third-party prices; Class 3 · indicator — a constructed measure that is not a price; Class 4 · record — not a measure. Every print carries its evidence tier and date; suspended series render their dated final print, never a live level.

Registers and tools The Grid runs

records, not measures
Forward-claims ledgerDated forward claims by named commentators, stored verbatim by construction and scored only when the date arrives — never predicted, always recorded. No automatic hit/miss: date-arrived rows queue for founder scoring./instruments#ledger
Financing registerWho finances the compute buildout — third-party-reported commitments quoted verbatim and cited to source; status walks forward only on a stored regulatory filing./financing
Provider registerThe bookable-quote register behind the GAP panel, with the commercial disclosure of how the register is paid for stated on the page (neutrality structure of record, 2026-07-24)./providers
The connected mapThe seven-segment supply-chain graph — nodes and lagged edges — with honest [instrumented] / [proxy] / [gap] coverage tags. Structure is public; a [gap] is a documented hole, never a state./supply-chain
Corrections of recordEvery filed correction, in the same registry /api/print serves inline./standards/corrections
The dated print archiveEvery daily edition since May 2026, as published; the permanent print URL is /api/print/<date>./archive
The checkPaste a quote and read it against everything The Grid holds — one model call, deterministic assembly from dated records, stores nothing without an explicit confirm./check
The normalisation ladderWhat a $/GPU-hr, $/Mtok or $/task figure can and cannot mean — a directional reference, never an assessment (ladder decision of record, 2026-08-20)./normalisation
/api/printThe immutable dated print of record — the canonical citation target, corrections registry inline./standards/methodology
MCP endpointRead-only agent tools (get_conditions, get_term_structure, get_reference_workload_cost, get_series) over the same records, suspensions and disclosures included./standards/methodology

External levels the industry references

attributed · never rehosted · never Grid numbers
OCPI — Ornn Compute Price IndexEXTERNAL · Ornn

The exchange-traded H100 benchmark. Where a Grid surface shows an OCPI value it is always attributed to Ornn; The Grid constructs Grid Basis (OCPI − GAP-H100) from it as the interpretive layer around the exchange benchmark, not a competitor to it.

Attribution & posture: Published by Ornn; attributed to Ornn on every render and in the citation guidance (/llms.txt). The acquisition-and-consent posture sits on the decision record as a PROPOSED stub (2026-08-20): attribute, never rehost — the licensing conversation is the first outreach item. OCPI values never enter a Grid assessed series.

ornnai.com
Silicon Data rental indexes (H100 · B200)EXTERNAL · Silicon Data

Daily GPU rental-rate indexes published by Silicon Data — the settlement references for the CME compute futures contracts below. The venue-operator's own framing of the private-pricing problem is quoted, cited, at /standards/the-problem.

Attribution & posture: Published by Silicon Data; The Grid holds no licence, stores no values, and renders no level from these indexes.

silicondata.com · the sourced problem statement
CME compute futures — dated contract referenceEXTERNAL · CME Group

Announced 2026-08-11: CME Group and Silicon Data list two compute futures contracts — Silicon Data H100 Rental Index futures and Silicon Data B200 Rental Index futures — on NYMEX, initial listing 2026-10-05 pending regulatory review; each contract represents one month of GPU rental, cash-settled on the Silicon Data indexes above. The calendar fact: from 2026-10-05 the public headline level becomes exchange-traded, which raises — not lowers — the value of the deal-specific read no futures curve carries.

Attribution & posture: Contract specifications and dates are CME Group's; sources: CME press release 2026-08-11 and CME SER-9785 (initial listing notice). The Grid records the date and cites the specification — no futures level will enter a Grid series.

CME press release (2026-08-11) · CME SER-9785 listing notice
THE GRID PUBLISHES CONDITIONS AND INPUTS — MARKET OBSERVATION, NEVER INVESTMENT OR PROCUREMENT ADVICE.external levels: attributed with source + date · never rehosted