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Hi Grook,
Both the Amazon EC2 Spot Instances Pricing and AWS Pricing Calculator are showing estimates of the live Spot prices and are presenting them in a different ways and that maybe is the discrepancy you are seeing. The Amazon EC2 Spot Instances Pricing page shows "the lowest prices per instance type in the region". If you log into the console and look into the live Spot prices you can see that the lowest price for that instance is the same [minus some rounding] of the current price .
On the other hand, the AWS Pricing calculator is using the "historical average discount for inf1.xlarge" and it is listed as 89% of OD. The price that it is quoted in the AWS Pricing Calculator is the OD price [ 0.274/Hour] over which it later applies the discount when calculating the monthly TCO of your total compute. The AWS Pricing Calculator is presented this way so that you can mix and match different compute purchase options and can compare apples to apples.
Hope this helps
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