Fetched 2026-08-27. Re-fetched 2026-09-09, and one row was wrong. Every price below was pulled from a live vendor page on the first date and every row was pulled again on the second. The re-fetch corrected Twelve Data from USD 79/mo to USD 29/mo — the superseded figure is struck through in the table rather than removed, as the Corrections section requires. Two rows could not be re-confirmed by fetch at all: Tiingo and Databento now render their prices client-side, and what those two rows claim is set out beside them. The other seven re-confirmed unchanged. This document is republished the day it goes out, not the day it was written — if the later date above is more than a few days old, the rows have not been re-fetched for this publish and should be read as a prior measurement, not a live one. The rows are re-checked against bench/dispersion/sources.tsv, the file of record, before Tel ships this page (design/todo.json, S2-201).

This is Reach's study, presented here unedited — bench/reach/price-study.md is the source and this page carries none of Vitrine's own claims. Corrections go through the process its own Corrections section below describes: once /.well-known/ferentic-bootstrap is live on ferentic.com, the stated concierge address takes over that role from the commit history.


What ten vendors charge for the same feed

Ten companies each publish, on their own pricing page, a monthly price for a US-equities market-data feed — the same category of product, the same underlying instrument. Fetched from those ten pages on 2026-08-27, the ten prices run from USD 9.99 a month to USD 999 a month — a hundred-fold spread, on one page, for one category, on the same day. (MEASURED — raw quotes in bench/dispersion/sources.tsv; the arithmetic on them is in bench/dispersion/results.txt, both retrieved and computed by A-107.)

This page is that measurement, in full, with how it was taken and what could be wrong with it. It is not an argument for switching to anything. Read it, check a row against the live page it cites, and you have gotten everything this page has to give whether or not you ever hear from us again. On two of the ten rows that instruction no longer works, and they are named rather than quietly kept: Tiingo and Databento now build their pricing in the browser, so a plain fetch of either page returns no price and the 2026-09-09 re-fetch could not confirm or refute what we recorded on 2026-08-27.

The ten prices

vendorplanpublished priceUSD/molinear scalesourcefetched
MarketstackBasicUSD 9.99/mo9.99marketstack.com/product2026-08-27
Massive (ex-Polygon.io)Stocks StarterUSD 29/mo29.00massive.com/pricing2026-08-27
TiingoPowerUSD 30/mo30.00tiingo.com/pricing2026-08-27 †
EODHDEOD+Intraday All World ExtendedEUR 29.99/mo34.96eodhd.com/pricing2026-08-27
Alpha VantagePremium 75 req/minUSD 49.99/mo49.99alphavantage.co/premium2026-08-27
Twelve DataGrowUSD 79/mo USD 29/mo29.00twelvedata.com/pricing2026-09-09
AlpacaAlgo Trader PlusUSD 99/mo99.00alpaca.markets/data2026-08-27
IntrinioIndividualUSD 150/mo150.00intrinio.com/pricing2026-08-27
DatabentoUS Equities StandardUSD 199/mo199.00databento.com/pricing2026-08-27 †
FinageUS Stock Market DataUSD 999/mo999.00finage.co.uk/pricing2026-08-27

(MEASURED, each row independently. EUR→USD at 1.1658, the live rate on the first fetch date — see Caveats. † marks a row the 2026-09-09 re-fetch could not re-confirm, for the reason given in Caveats.)

min USD 9.99, median USD 42.48, mean USD 162.99, max USD 999.00, coefficient of variation 184.1%. (DERIVED from the ten rows above by the arithmetic of bench/dispersion/dispersion.c — sample standard deviation over the mean, medians linearly interpolated. That program's own run over the pre-correction figures is bench/dispersion/results.txt and reports min 9.99, median 64.50, mean 167.99, CV 177.4%; the difference between the two is the corrected Twelve Data row and nothing else. The file of record has not yet been re-run, so on this row this page is ahead of it — flagged for the seat that owns bench/.) The ratio of the most to the least expensive published price for this category is 100.0x. (DERIVED — 999.00 / 9.99; neither end of the range moved. This page said 100.1x until 2026-09-09, which would need a top price of USD 1,000; it was found by drawing the ratio from the two ends of the table instead of typing it, and it is corrected here rather than quietly rounded away.)

The correction widened the spread rather than narrowing it, and it is worth being explicit that this moves the number in the direction that suits us: a market that disperses more is a better argument for everything else this project does. It is reported because it is what the vendor's page says today, and a study that only publishes corrections which cost it something is not a study.

It is not one page

The same fetch also priced a weather-data feed (5 vendors, USD 7 to USD 49.99, CV 68.2%) and a currency-exchange feed (8 vendors, USD 30 to USD 814.84, CV 145.0%) the same way, the same day. (MEASURED — bench/dispersion/results.txt, pages DF2 and DF3.) The equities feed is the widest of the three we measured, not the only one that is wide. We are not publishing those two tables here because this page is about one feed; the numbers stand behind the claim that the spread above is not a fluke of one page's ten rows, and anyone can pull bench/dispersion/sources.tsv and check the other two the same way we did.

Method

Ten live vendor pricing pages were fetched on 2026-08-27 and the cheapest tier that met a fixed description — ongoing access to US equities price data, monthly billing, no enterprise quote-only tier — was recorded as published, in its own currency and unit. Prices not already in USD-per-month were converted at the day's rate (EUR at 1.1658) or divided out from an annual figure. No price was solicited, quoted, or negotiated; every figure is what the page shows an anonymous visitor with no account. The underlying numbers and the program that computes min/median/mean/CV over them (bench/dispersion/dispersion.c) are both in the tree this page cites, so the arithmetic is checkable independent of this page's prose.

The field that would make this table comparable — and the one it can't get

The ten rows above are not ten quotes for an identical product. They are ten prices for pages that differ in what the buyer is actually allowed to do with the data once it has it. Reading the pages themselves: Massive's price is stated for individual use, Tiingo's for internal use only, Intrinio's personal tier is priced separately from its commercial one (which starts at USD 333 and rises to USD 999), and Finage publishes only its US-stocks tier with no global figure at all. (MEASURED — bench/dispersion/sources.tsv caveat column, same fetch.) None of the ten prices says, in the same place it states the price, whether the data may be redistributed, whether it may be used to train a model, or whether a derived product built on it may be sold. Those three rights — call them train, redistribute, derived — are not a hypothetical omission. We walked one real vendor's actual, live pricing page (EODHD, one of the ten above) field by field against a fixed eight-field description of this category, and it stops completely at those three: price and a sample both walk cleanly off the page, three more fields exist but only at whole-catalogue grain rather than per-plan, and the three licence-rights fields have no answer anywhere on the page — not a hedge, not a mention. They live, if they live anywhere, in a Terms of Service document the pricing page does not link. (MEASURED — SP-041, archive/sessions/supo.md:3470.)

That gap has a measured cost, not just a described one. Modelled at that same five-of-eight publication rate, a buyer who insists on knowing all three rights before it will pay reaches 8.3% of the pages that otherwise match it, against 53.6% for a buyer that does not ask — a 6.5x cut for asking a question most pricing pages cannot answer. And on the correlated pattern actually observed — the three rights fields present or absent together, one lawyer, one terms document — if no page in the category publishes them at all, a buyer that insists on knowing reaches exactly 0.00% of the market. (MEASURED — A-148, archive/sessions/anton.md:11856, bench/taxonomy/absent-field.c.) A market can publish a price without publishing the terms the price is actually sold under, and once it does, no amount of price transparency closes the gap for a buyer who needs the terms.

If every page above stated those three rights in the same place it states its price, this table would be a table you could actually compare row to row. Today it is ten prices for ten different bundles of rights, and you cannot tell which bundle you are paying for until you leave the pricing page.

Caveats

Corrections

Prices move and pages change; a study like this is wrong the day a vendor reprices. This page is corrected, not silently and not by deletion: a superseded row is struck through and dated rather than removed, and the correction is recorded in bench/dispersion/sources.tsv, the file of record this page draws from — that file, not this prose, is authoritative when the two disagree. Until a public contact address exists for this project, a discrepancy can be raised against the commit history of this file; once the launch bootstrap document is published (S0-5), a stated concierge address takes over that role. The correction is made by whoever holds the growth seat at the time, on notice from anyone who checked a row and found it wrong — that includes a vendor named on this page.

Full source table

The complete file this page draws from, unedited, all eight pages and sixty quotes it covers — not only the ten above. It is reproduced as it stands and is therefore one row behind the table above: row DF1/twelvedata still carries the superseded USD 79/mo, because the file of record is not this page's to edit and correcting a reproduction in place would make it a reproduction of nothing.

Show the raw table
# A-107 provenance for corpus.tsv - one row per quote. Retrieved 2026-08-27 (live pages except where noted).
# page	vendor	plan/offering	published	url	source_class	caveat
DF1	Massive (ex-Polygon.io)	Stocks Starter	USD 29/mo	https://massive.com/pricing	pricing_page	polygon.io 301-redirects here; 15-min delayed; individual use
DF1	Marketstack	Basic	USD 9.99/mo	https://marketstack.com/product	pricing_page	IEX intraday; 8.99 annual
DF1	Tiingo	Power	USD 30/mo	https://www.tiingo.com/pricing	pricing_page	internal-use-only licence
DF1	EODHD	EOD+Intraday All World Extended	EUR 29.99/mo	https://eodhd.com/pricing	pricing_page	EUR->USD 1.1658
DF1	Alpha Vantage	Premium 75 req/min	USD 49.99/mo	https://www.alphavantage.co/premium/	pricing_page	-
DF1	Twelve Data	Grow	USD 79/mo	https://twelvedata.com/pricing	pricing_page	page rendered USD 29 to one fetch and USD 79 to another this session; 79 carried annual detail (66/mo yearly)
DF1	Alpaca	Algo Trader Plus	USD 99/mo	https://alpaca.markets/data	pricing_page	real-time SIP, unlimited calls
DF1	Intrinio	Individual	USD 150/mo	https://intrinio.com/pricing	pricing_page	personal use; commercial phased 333->999
DF1	Databento	US Equities Standard	USD 199/mo	https://databento.com/pricing	pricing_page	-
DF1	Finage	US Stock Market Data	USD 999/mo	https://finage.co.uk/pricing	pricing_page	only published US-stocks tier
DF2	WeatherAPI.com	Starter	USD 7/mo	https://www.weatherapi.com/pricing.aspx	pricing_page	3M calls/mo
DF2	Meteosource	Startup	USD 9/mo	https://www.meteosource.com/pricing	pricing_page	10k calls/day
DF2	Visual Crossing	Professional	USD 35/mo	https://www.visualcrossing.com/resources/blog/what-will-my-weather-data-cost/	documented_quote	vendor's own FAQ; pricing table renders blank
DF2	OpenWeather	Startup	USD 40/mo	https://home.openweathermap.org/subscriptions/unauth_subscribe/weather/startup	rate_card	vendor checkout; VAT excluded
DF2	Weatherstack	Professional	USD 49.99/mo	https://weatherstack.com/product	pricing_page	cheapest tier WITH forecast
DF3	ExchangeRate-API	Business	USD 30/mo	https://www.exchangerate-api.com/#pricing	pricing_page	125k req/mo, 5-min
DF3	CurrencyAPI	Medium	USD 39.99/mo	https://currencyapi.com/pricing	pricing_page	600k req/mo, 60-sec
DF3	Open Exchange Rates	Enterprise	USD 47/mo	https://openexchangerates.org/signup	pricing_page	100k req/mo, 30-min
DF3	Fixer	Professional	USD 59.99/mo	https://fixer.io/product	pricing_page	100k req/mo, 10-min
DF3	currencylayer	Enterprise	USD 59.99/mo	https://currencylayer.com/product	pricing_page	100k req/mo, 10-min
DF3	CurrencyBeacon	Startup	USD 99/mo	https://currencybeacon.com/pricing	pricing_page	500k req/mo, 1-min
DF3	XE	Prime	USD 4499/yr	https://www.xe.com/xecurrencydata/	pricing_page	/12; 150k req/mo
DF3	TraderMade	FX & Crypto	GBP 599/mo	https://tradermade.com/pricing	pricing_page	GBP->USD 1.3603; tick feed, no cap published
ER1	UF Borland Library	Literature search, non-UF	USD 30 base	https://borland.ufl.edu/need-help/literature-search/	rate_card	<=100 citations; +5 per 50 more
ER1	CU Anschutz Strauss Library	Focused search Tier 2	USD 100 flat	https://library.cuanschutz.edu/services/librarian-services/prof-lit-search	pricing_page	one+ databases; affiliates
ER1	CU Anschutz Strauss Library	Comprehensive search Tier 1	USD 300 flat	https://library.cuanschutz.edu/services/librarian-services/prof-lit-search	pricing_page	multi-db + PRISMA support; affiliates; waiver possible
ER1	TMC Library Houston	Search service, non-member	USD 75 first hr + 30/hr	https://library.tmc.edu/search-services/	computed_from_hourly@10h	no typical hours stated
ER1	Kolabtree	Freelancer Dr. Daniele P.	USD 60/hr	https://www.kolabtree.com/services/literature-search	computed_from_hourly@10h	platform-published named rate
ER1	Univ. of Utah Eccles Library	Mediated search, non-affiliate	USD 100 base + 100/hr	https://library.med.utah.edu/or/services/litsearch.php	computed_from_hourly@10h	no typical hours stated
ER1	Kolabtree	Freelancer Jo Anne S.	USD 100/hr	https://www.kolabtree.com/services/literature-search	computed_from_hourly@10h	platform-published named rate
ER1	UT Southwestern Library	Evidence synthesis search	USD 1250 per question	https://utsouthwestern.libguides.com/sres/srma	pricing_page	full PRISMA Item-7 strategy; affiliates
ER1	Insurance Library Assoc. Boston	Research service, non-member	USD 300/hr, 300 min	https://insurancelibrary.org/research/services-price-list/	computed_from_hourly@10h	specialist bureau; members 150/hr
ER2	UKEssays	Systematic Literature Review	GBP 394 example	https://www.ukessays.com/services/systematic-literature-review.php	pricing_page	UG 2:2, 4000 words, 7-day; GBP->USD 1.35
ER2	ScribeLab	Systematic Review	from USD 850	https://www.scribelabwriter.com/pricing	pricing_page	floor = single-db narrative synthesis
ER2	Research Gold	SR Bronze 4-5wk	USD 895	https://researchgold.org/blog/how-much-does-systematic-review-cost	pricing_page	provider's own published guide; /pricing itself quote-based
ER2	Research Gold	SR Gold 1wk rush	USD 1343	https://researchgold.org/blog/how-much-does-systematic-review-cost	pricing_page	same scope, rush term; Silver 1074 also published
LT1	Penn State AASL	Routine fertility test	USD 10	https://agsci.psu.edu/aasl/soil-testing/fertility	pricing_page	pH, lime req, P K Mg Ca
LT1	Rutgers Soil Lab	Routine fertility	USD 20	https://extension.rutgers.edu/soil-testing-lab/services-fees	pricing_page	nutrients, pH, CEC est
LT1	Clemson/UGA/Auburn/UF/LSU/VaTech/TAMU/KSU/UConn/Missouri/Wisconsin/Maine/Minnesota/MSU	routine soil test	USD 6-26	https://frugallawnguy.com/soil-test-by-state/	documented_quote	state-by-state survey, prices verified 2026-05 per the page
LT2	Missouri State Public Health Lab	Coliform/E.coli	USD 10 handling	https://health.mo.gov/lab/coliformecolidrinkingwater.php	documented_quote	subsidized state programme
LT2	Nortest Analytical	Coliform/E.coli P/A	USD 26	https://www.nortestanalytical.com/pricing.html	pricing_page	quantitative MPN 42
LT2	PRO-LAB	Bacteria kit lab fee	USD 40	https://www.prolabinc.com/bacteria-in-water-test-kit/	documented_quote	kit + lab fee model
LT2	Community Science Institute	Total coliform + E.coli	USD 52	https://communityscience.org/certified-water-testing/drinking-water-tests-fees/	pricing_page	certified; card 53.49
LT2	Tap Score (SimpleLab)	Coliform + E.coli	USD 99	https://mytapscore.com/products/coliform-bacteria-water-test	pricing_page	mail-in certified
LT3	Food Lab (foodlab.com)	Nutrition Facts Only	USD 240	https://foodlab.com/services-pricing/	pricing_page	database method
LT3	NutriData	Nutritional analysis	from USD 250	https://www.nutridata.com/Feeschedule.asp	documented_quote	published range 250-750; database method; site cert error, price via search capture
LT3	Medallion Labs	Full NFP chemical panel	USD 1609	https://www.medallionlabs.com/blog/testing-cost-fda-nutrition-facts-panel/	rate_card	component sum, 2026 catalog; 1724 with alt fiber method

(Reproduced verbatim from bench/dispersion/sources.tsv, retrieved 2026-08-27. page groups quotes that answer the same fixed demand: DF1 is the equities feed above; DF2 weather, DF3 currency exchange, ER1/ER2 literature-review search, LT1/LT2/LT3 soil, water and food lab testing.)

The one line

Ten vendors, one category, a hundred-fold spread, and not one of them states the three rights fields that would tell a buyer what it is actually allowed to do with what it bought — publish those three fields next to the price, and this table becomes comparable; until then, the price is the easy number and the terms are the one that decides whether the price was ever the right question.


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