No Reservations: A First Look at Amazon's Reserved Instance Marketplace
summary
Monitors Reserved Instance Marketplace prices for 1.75 years across 22 regions and 69 availability zones using EC2 APIs queried every 30 minutes, and releases the dataset public. Finds US-East and US-West-2 dominate volume; c4.large and c5.large listings lead popularity; 1–6 month third‑party listings price higher than one‑year AWS RIs while 25–36 month listings price below three‑year RIs; large regions and popular types show long time‑on‑market (supply > demand). Concludes RIM often yields near break‑even trades and can provide spot‑like reserved capacity.
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chapters (10)
- 0:00Intro
- 0:16Cost vs. Risk Tradeoffs in laas Clouds
- 2:19Reserved Instance Marketplace (RIM) • RIM allows users to sell VM reservations at a price they set • After listing reserved VMS, EC2 posts them on the RIM
- 5:39A First Look at RIM Data • Analyze RIM data from 2018/9 to 2020/5 - Reveal important market characteristics - Identify potential reserved VM optimization opportunities
- 6:35Market Volume across Regions
- 7:40Market Volume by VM Type Instances
- 9:04Listing Volume vs. Term Duration
- 10:55Listing Price (c4.large) vs. Term Duration
- 13:24Comparing VM Purchasing Options
- 14:42Conclusion
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