How to connect VScode to colab / paperspace / etc

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Cloud instances like google colab, paperspace gradient etc. offer free or very inexpensive options at ~10$/months for storage, GPU compute, ready-to-use containers and a jupyter notebook/lab IDE. It's great for hobby prototypes.

However, personally, I much prefer IDEs like VSCode for developing even small projects. Given that VSCode offers ssh-remote access to machines and even docker containers, what are the best options to realize this? Already tried colab-ssh which works but feels a bit sluggish. Maybe there are better options?

On the other side, one can rent instances like AWS p2.xlarge, but with costs of 1$/h they become significantly more expensive than the above options (sidenote: Why is there such a discrepancy?)

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