price of compute

The price of a token

API list prices for frontier models, in USD per million tokens — standard tier, text, base context. Each number is verified against the lab’s official pricing page (date shown); the daily series is in the free API. More labs get added as they’re verified — never before.

Input vs output $/MTok · log-log · 5×/6× guides
$1$3$10$0.1$0.3$1input →output ↑5×6×mistral-medium-3.5mistral-large-3mistral-small-4

The dashed rays are constant output÷input ratios — nearly the whole market prices output at 5–6× input. Distance along a ray is price class; distance off it is pricing strategy.

The ladder · every model, one scale
$0.1$0.3$1$3$10mistral-small-4: $0.15 in · $0.60 out per MTokmistral-small-4mistral-large-3: $0.50 in · $1.50 out per MTokmistral-large-3mistral-medium-3.5: $1.50 in · $7.50 out per MTokmistral-medium-3.5inputoutput · $/MTok, log scale

Mistral

ModelInput $/MTokOutput $/MTokOut÷InBlended 3:1Verified
mistral-medium-3.5$1.50$7.505.0×$3.002026-08-11
mistral-large-3$0.50$1.503.0×$0.752026-08-11
mistral-small-4$0.15$0.604.0×$0.262026-08-11

Last snapshot: 2026-08-11 06:05 UTC · List prices, not negotiated rates; cached-input, batch, and long-context tiers vary by lab and are noted where they differ. Same rule as the GPU side: a missing number beats a wrong one.