Pay-as-you-go · Developer & Agent

Buy credits when you need them. No subscription. Credits never expire.

Pay-as-you-go pricing for deterministic finance compute — bond pricing, BSM Greeks, Monte Carlo VaR, equity DCF. Built for agents with bursty traffic and developers who don't want a monthly recurring charge for a side project. Live market-data endpoints (equities, filings) stay on subscription billing.

── Credit packs

Three sizes. Same compute. Bigger packs cost less per call.

Starter
$20one-time
10,000API calls
$0.0020 per call

Prototype an agent. Wire up a side project. See the math return to the basis point.

  • All compute endpoints (bond, BSM, VaR, DCF)
  • All rates and FX endpoints
  • MCP server access
  • 60-day priority email support
Get API key
BuilderMost popular
$100one-time
60,000API calls
$0.0017 per call

Production agent traffic. Educational tools. Internal risk dashboards.

  • Everything in Starter
  • 17% volume discount vs Starter
  • Webhook for low-balance alerts
  • Per-endpoint usage breakdown
Get API key
Scale
$400one-time
300,000API calls
$0.0013 per call

Heavy agent fleets. Embedded compute in client products. Bulk research workloads.

  • Everything in Builder
  • 33% volume discount vs Starter
  • Auto-reload from saved card
  • Direct Slack channel for incidents
Get API key
No subscription. Buy when you need it. Credits never expire.

Free tier still applies on top — you keep 100 compute calls per day for free, forever, regardless of how many packs you've bought. Live market-data endpoints (equities, filings) require a Plus or Pro subscription separately.

── Endpoint cost

What every call costs.

Compute, rates, and FX endpoints are billed by credit. Live market-data endpoints are subscription-only because we pay metered third-party feeds for them.

Endpoint
Cost
Payable with
Notes
POST /api/v1/compute/bond
1 credit
Credits
YTM solve, duration, convexity, DV01
POST /api/v1/compute/bsm
1 credit
Credits
BSM price + Greeks, IV solver
POST /api/v1/compute/var
1 credit
Credits
Up to 5,000 simulations per call
GET /api/v1/rates/curves
1 credit
Credits
UST + EUR AAA zero curves
GET /api/v1/rates/macro
1 credit
Credits
DGS2/5/10/30, FF, OAS
GET /api/v1/fx/rates
1 credit
Credits
12 currencies, ECB-anchored
GET /api/v1/fx/history
1 credit
Credits
GET /api/v1/equities/[ticker]/snapshot
subscription
Subscription
Live market data — Plus or Pro tier required
GET /api/v1/equities/[ticker]/history
subscription
Subscription
GET /api/v1/equities/[ticker]/financials
subscription
Subscription
SEC XBRL financials, up to 20yr
GET /api/v1/equities/search
subscription
Subscription
GET /api/v1/filings/[ticker]
subscription
Subscription
SEC EDGAR filing index
Credits cover

Bond pricing, BSM Greeks, Monte Carlo VaR, equity DCF, rate curves (UST + EUR), macro indicators, FX rates and history. All flat at 1 credit per call.

Credits do not cover

Live equity snapshots, equity history, SEC filings, XBRL financials. These run on metered market-data feeds and require a Plus or Pro subscription.

── How other teams use Strata

Three real shapes of agent traffic.

Quant research

Bond risk-screen agent

Claude Desktop with the Strata MCP server installed. The user pastes a list of 200 corporate CUSIPs; the agent solves YTM, duration, convexity, and KRD for each, ranks them by spread/duration ratio, and returns a sortable table — all in one conversation, no glue code.

~600 calls per run · 1 run per analyst per day
Builder pack covers ~3 months
Risk dashboards

Internal portfolio VaR cron

A nightly job at a small fund recomputes 95%/99% VaR and CVaR for 40 portfolios using Strata's Monte Carlo endpoint with 5,000 sims each. Results land in Slack at 6am. No risk system to license, no Bloomberg Terminal, just a curl in a GitHub Action.

40 calls per night · 1,200 calls/month
Starter pack covers ~8 months
Educational tools

Bond pricing teaching app

A finance instructor builds a Streamlit app that lets students input a bond's coupon and maturity and see live YTM-vs-price curves. The class has 80 students, each running the calc 30-50 times across the semester. Strata returns to QuantLib parity so homework grades match the textbook.

~3,000 calls per semester per cohort
Starter pack covers a full cohort
── PAYG vs subscription

When to buy credits, when to subscribe.

Buy credits if
  • You're building an agent that runs in bursts
  • You only need compute (no live market data)
  • You're shipping a side project or prototype
  • You want predictable upfront cost, no recurring charge
  • Your usage shape is unpredictable month to month
Subscribe if
  • You need live market data (equity snapshots, filings, XBRL)
  • You're using the four labs in the browser, not just the API
  • You want exports, benchmarks, the full UI surface
  • Your team is using Strata as a research terminal day-to-day
  • You want priority support and the founding-member rate lock
See subscription tiers
── FAQ

Fair questions.

No. Credits you buy stay on your account until you use them. We follow the rule that's right, not the rule that's profitable for us — if you buy a Builder pack and only ship the agent six months later, every credit is still there.

Get a key. Buy a pack. Ship.

100 free calls/day forever. Buy a Starter pack the day you outgrow it. No subscription required, ever.