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Index & posted record · USD per 1M tokens as of 2026-08-30

Token Index & Prices

CCIR Vercel Volume Token Index (VVTI)

$4.42 -61% 2026-07-27 → 2026-08-29
volume-weighted posted price of an output token · USD per 1M · MAX
Construction & source

VVTI is the volume-weighted average of posted output-token prices: Vercel AI Gateway daily token shares (“AI Gateway Leaderboard Data”, CC BY 4.0) multiplied by the posted first-party prices recorded on this page, renormalized daily over the priced set. 47–76% of gateway volume is priced across the window; the remainder sits in the leaderboard’s own “Other” bucket. CCIR calculation; Vercel publishes shares only. Weights re-fix daily with the gateway's published shares: composition change is part of what the index measures.

posted price by model · input & output · USD per 1M tokens · 2026-08-30
input output
$0 $10 $20 $30 $40 $50 DeepSeek V4 Flash — input $0.44 per 1M tokens (first-party posted) DeepSeek V4 Flash — output $1.32 per 1M tokens (first-party posted) $0.44 $1.32 DeepSeek V4 Flash Qwen3 Coder 480B — input $1.60 per 1M tokens (first-party posted) Qwen3 Coder 480B — output $6.40 per 1M tokens (first-party posted) $1.60 $6.40 Qwen3 Coder 480B Moonshot Kimi K3 — input $3.00 per 1M tokens (first-party posted) Moonshot Kimi K3 — output $15 per 1M tokens (first-party posted) $3.00 $15 Moonshot Kimi K3 OpenAI GPT-5.6 Sol — input $4.00 per 1M tokens (first-party posted) OpenAI GPT-5.6 Sol — output $20 per 1M tokens (first-party posted) $4.00 $20 OpenAI GPT-5.6 Sol Anthropic Opus 5 — input $5.00 per 1M tokens (first-party posted) Anthropic Opus 5 — output $25 per 1M tokens (first-party posted) $5.00 $25 Anthropic Opus 5 Anthropic Fable 5 — input $10 per 1M tokens (first-party posted) Anthropic Fable 5 — output $50 per 1M tokens (first-party posted) $10 $50 Anthropic Fable 5

Rows carrying an n are served medians across that many providers. The rest are the model owners' posted prices. Two constructions, never pooled.

01

Frontier posted — first-party

from the owners' price lists

OpenAIstandard tier

ModelInputCachedOutput30dLast reprice
gpt-5.6-sol $4.00 $0.40 $20.00 2026-08-22 (-33%)
gpt-5.6-terra $2.00 $0.20 $12.00 2026-07-30 (-20%)
gpt-5.6-luna $0.20 $0.02 $1.20 2026-07-30 (-80%)
gpt-5.5 $5.00 $0.50 $30.00 none in record
gpt-5.5-pro $30.00 $180.00 none in record
gpt-5.4-mini $0.75 $0.07 $4.50 none in record
gpt-5.4-nano $0.20 $0.02 $1.25 none in record
gpt-4o $2.50 $1.25 $10.00 none in record
gpt-4o-mini $0.15 $0.07 $0.60 none in record
o3-pro $20.00 $80.00 none in record
o3 $2.00 $0.50 $8.00 none in record
o4-mini $1.10 $0.28 $4.40 none in record
gpt-4-turbo-2024-04-09 $10.00 $30.00 none in record
gpt-3.5-turbo-instruct $1.50 $2.00 none in record

Anthropicmodel table

ModelInputCachedOutput30dLast reprice
Claude Fable 5 $10.00 $1.00 $50.00 none in record
Claude Mythos 5 $10.00 $1.00 $50.00 none in record
Claude Opus 5 $5.00 $0.50 $25.00 none in record
Claude Sonnet 5 $2.00 $0.20 $10.00 none in record
Claude Haiku 4.5 $1.00 $0.10 $5.00 none in record

Googlestandard tier

ModelInputCachedOutput30dLast reprice
gemini-3.7-flash $0.75 $0.07 $3.75 none in record
gemini-3.5-transcribe-live $3.50 $21.00 none in record
gemini-3.5-transcribe $2.00 $12.00 none in record
gemini-3.5-flash-lite $0.30 $0.03 $2.50 none in record
gemini-3.1-pro-preview $2.00 $0.20 $12.00 none in record
gemini-3-flash-preview $0.50 $0.05 $3.00 none in record
gemini-2.5-pro $1.25 $0.13 $10.00 none in record
gemini-robotics-er-2 $2.00 $0.20 $10.00 none in record
gemini-robotics-er-2-streaming $2.00 $10.00 none in record
gemini-2.5-computer-use-preview-10-2025 $1.25 $10.00 none in record

DeepSeekstandard price

ModelInputCachedOutput30dLast reprice
deepseek-v4-flash $0.44 $0.01 $1.32 2026-08-17 (371%)
deepseek-v4-pro $1.32 $0.04 $3.96 2026-08-17 (355%)
deepseek-v4-flash-vision-exp $0.44 $0.01 $1.32 none in record

Moonshotper-model pages

ModelInputCachedOutput30dLast reprice
kimi-k3 $3.00 $0.30 $15.00 none in record
kimi-k2.7-code $0.95 $0.19 $4.00 none in record
kimi-k2.7-code-highspeed $1.90 $0.38 $8.00 none in record
moonshot-v1-128k $2.00 $5.00 none in record
moonshot-v1-128k-vision-preview $2.00 $5.00 none in record

xAImodel catalogue

ModelInputCachedOutput30dLast reprice
grok-4.20-0309-non-reasoning $1.25 $0.20 $2.50 none in record
grok-4.6 $2.00 $0.50 $6.00 none in record
grok-build-0.1 $1.00 $0.20 $2.00 none in record
grok-4.20-0309-reasoning $1.25 $0.20 $2.50 none in record
grok-4.20-multi-agent-0309 $1.25 $0.20 $2.50 none in record

Metastandard tier

ModelInputCachedOutput30dLast reprice
muse-spark-1.2 $1.25 $0.15 $4.25 none in record

Alibabainternational storefront

ModelInputCachedOutput30dLast reprice
qwen3.8-max $2.00 $6.00 none in record
qwen3.7-max-preview $2.50 $7.50 none in record
qwen3.7-plus $0.40 $1.60 none in record
qwen-plus-latest $0.40 $1.20 none in record
qwen-turbo $0.05 $0.20 none in record

Z.AImodel table

ModelInputCachedOutput30dLast reprice
GLM-5.3-Flash $0.15 $0.03 $0.50 none in record
GLM-5.3 $1.40 $0.26 $4.40 none in record
GLM-4.7-FlashX $0.07 $0.01 $0.40 none in record
GLM-4.5-X $2.20 $0.45 $8.90 none in record
GLM-4.5-Air $0.20 $0.03 $1.10 none in record
GLM-4.5-AirX $1.10 $0.22 $4.50 none in record
GLM-4-32B-0414-128K $0.10 $0.10 none in record
GLM-4.6V $0.30 $0.05 $0.90 none in record
GLM-OCR $0.03 $0.03 none in record
GLM-4.6V-FlashX $0.04 $0.00 $0.40 none in record

MiniMaxstandard tier

ModelInputCachedOutput30dLast reprice
MiniMax-M3 $0.30 $0.06 $1.20 none in record
MiniMax-M2.7-highspeed $0.60 $0.06 $2.40 none in record

Thinking Machinesserverless inference

ModelInputCachedOutput30dLast reprice
Inkling-Small $0.30 $0.06 $1.20 none in record
Inkling $1.00 $0.17 $4.05 none in record

Xiaomioverseas price list

ModelInputCachedOutput30dLast reprice
mimo-v2.5-pro $0.43 $0.00 $0.87 none in record
mimo-v2.5 $0.14 $0.00 $0.28 none in record

stepfun

ModelInputCachedOutput30dLast reprice
step-3.7-flash $0.20 $0.04 $1.21 none in record
step-1o-turbo-vision $0.37 $0.07 $1.19 none in record
step-1o-audio $3.72 $0.74 $8.93 none in record
step-audio-2 $1.49 $0.30 $10.42 none in record
step-audio-r1.5 $1.49 $0.30 $15.62 none in record
Scope

Standard self-serve rates, the price a buyer pays without a contract. Batch, provisioned-throughput and committed-spend tiers are separate prices and are not pooled into these figures, so a large buyer's realized rate sits below them. Cached input is shown wherever the owner posts it.

gpt-5.6 output price by tier · log scale · 2026-07-27 → 2026-08-30
$1 $2 $5 $10 $30 07-2708-1308-30 sol $20 terra $12 luna $1.2

One vendor, one day, three tiers: on 2026-07-30 the posted output price fell 80% on luna and 20% on terra while sol held.

02

Open-weight models — by serving breadth

cross-provider medians · n ≥ 3 · 2026-08-30
ModelProviders Input medianOutput median Output range
MiniMax M3 6 $0.30 $1.20 $0.96 – $2.40
DeepSeek V4-Pro 5 $1.32 $3.20 $2.55 – $3.96
DeepSeek V4-Flash 5 $0.14 $0.28 $0.18 – $1.32
gemma-4-31B-it 4 $0.26 $0.65 $0.38 – $1.15
gpt-oss-120b 4 $0.10 $0.42 $0.17 – $0.60
kimi-k3 4 $3.00 $15.00 $14.25 – $15.00
DeepSeek V4-Pro-0813 4 $1.31 $3.96 $2.60 – $3.96
GLM-5 4 $1.00 $3.20 $2.08 – $3.20
DeepSeek V3.1 4 $0.41 $1.32 $0.95 – $4.50
MiniMax-M2 4 $0.30 $1.20 $1.02 – $1.20
MiniMax M2.5 4 $0.30 $1.20 $1.15 – $1.20
MiniMax-M2.7 4 $0.30 $1.20 $1.00 – $2.40
DeepSeek V4-Flash-0731 4 $0.17 $0.47 $0.18 – $1.32
Kimi K2 Instruct 3 $0.57 $2.30 $2.00 – $2.50
Qwen3 Coder 480B A35B Instruct 3 $0.40 $1.60 $1.55 – $1.80
DeepSeek-V3.2 3 $0.27 $0.40 $0.38 – $4.50

Each row is a median across independent providers of the same model, n disclosed. A wide range is dispersion in the serving market.

Some models sit in both sections: the owner posts a price and independent providers also serve the open weights. The two numbers are different measurements, not a restatement. deepseek-v4-flash is posted at $1.32 per 1M output tokens above, and the median of independent providers here is $0.28. What a model owner asks and what the serving market charges are separate facts, and neither is pooled into the other.

Method
  • USD per 1 million tokens, as posted. Record runs from 2026-07-03.
  • Posted rows come from the model owners' own price lists, captured daily; a reprice appears on the day the list changed.
  • Served rows are medians across independent providers of the same open-weight model, published at n ≥ 3.
  • The two are never pooled. A posted price and a cross-provider median answer different questions.
  • The VVTI weights each posted output price by its model’s daily share of Vercel AI Gateway token volume (CC BY 4.0, attributed above), renormalized over the priced set with coverage disclosed.
  • Token prices are not evidence about GPU rental rates. The link between them is serving efficiency, a vendor variable rather than a market price. CCIR publishes the GPU-hour record separately.