Provisioned storage and provisioned IOPS for io2 volumes will be billed in per-second increments, with a 60-second minimum. Example 3 of the EBS pricing documentation should help you understand the pricing calculation - https://aws.amazon.com/ebs/pricing/
Maximum IOPS/volume for IO2 is 64000. You may need to look at IO2 Block Express which can support upto maximum of 256,000 IOPS/volume or as an alternate you can go for a RAID 0 array. Here are couple of links to documentation Volume Types and Comparison - https://docs.aws.amazon.com/AWSEC2/latest/UserGuide/ebs-volume-types.html RAID Config - https://docs.aws.amazon.com/AWSEC2/latest/UserGuide/raid-config.html
You need to choose right EC2 instance to make use of the entire IOPS supported by the EBS volumes. EC2 instances that support each of the EBS volume types are documented on this page - https://docs.aws.amazon.com/AWSEC2/latest/UserGuide/ebs-volume-types.html#io2-block-express
As an alternate you can refer to the below documentation to find the maximum IOPS supported by each of the ec2 instance types - https://docs.aws.amazon.com/AWSEC2/latest/UserGuide/ebs-optimized.html
Relevant questions
poor MariaDB RDS gp2 storage volume write performance?
asked 8 months agoWhy is there a cost of IOPS-month provisioned for activated ebs on stopped ec2?
asked 6 months agoEBS IOPS, Throughput and EBS bandwidth
asked a month agoEBS Disk is full
Accepted Answerasked 6 months agoAWS Backups : EC2 and EBS ?
asked a month agoEBS Unoptimized Product
asked 3 months agoEMR with GP3 EBS storage and M6i Instance Types
Accepted Answerasked 7 months agoWhat is the throughput and IOPS limit for instance with EBS?
Accepted Answerasked a year agoEBS gp3 volumes in Severely Degraded state
asked 3 months agoLow throughput on EBS gp3 volume
asked 5 days ago