You should be using an On Demand instance for the same. Why? First of all, the workload has to be processed now, meaning it is urgent, secondly you don’t need them once your backlog is cleared, therefore Reserved Instance is out of the picture, and since the work is urgent, you cannot stop the work on your instance just because the spot price spiked, therefore Spot Instances shall also not be used. Hence On-Demand instances shall be the right choice in this case.