Kimi K3 API Pricing: $3/$15, 1M Context, and the Real Open-Weights Decision

·10 min read

COMPUTEUNION DECISION DATA

See the decision data before choosing

Prices and market data come from ComputeUnion. External capability scores stay source-labelled and are never blended into a fabricated total score.

External capability snapshot

One Artificial Analysis Intelligence Index methodology; not a substitute for task testing.

Artificial Analysis Intelligence Index (dated snapshot)
Artificial Analysis Intelligence Index (dated snapshot)
Artificial Analysis Intelligence Index (dated snapshot)
Artificial Analysis Intelligence Index (dated snapshot)
Artificial Analysis Intelligence Index (dated snapshot)

Method: these charts are dated decision snapshots, not future-price promises or substitutes for task-level evaluation.

Decision first: Kimi K3 is a serious frontier-model candidate for long-horizon coding, knowledge work, multimodal analysis, and agent workflows. Moonshot prices the official API at $3 per million cache-miss input tokens and $15 per million output tokens; cache-hit input is $0.30. Artificial Analysis independently scores K3 at 57, measures roughly 62 output tokens per second, and confirms a 1M-token context window. That puts K3 close to the frontier while costing less than several premium APIs.

There is one important timing detail. K3 is available now through Kimi.com, Kimi Work, Kimi Code, and the Kimi API, but Moonshot says the full model weights will be released by July 27, 2026. As of this article's July 18 snapshot, it is accurate to call K3 an open-model release in progress—not a model whose full weights are already downloadable.

Kimi K3 pricing snapshot

RouteInput / 1MOutput / 1MEvidence status
Kimi official API — cache miss$3.00$15.00Official, checked July 18
Kimi official API — cache hit$0.30$15.00Official; input cache only
ComputeUnion relay snapshotNot yet safely verifiedNot yet safely verifiedNo relay quote is promoted as confirmed

This separation matters. AIHubMix has published a K3 product route, but a product page alone is not enough to treat a relay quote as independently verified. ComputeUnion will add channel prices to the same detail page after the price collector can confirm the model ID, units, and returned route. Until then, the official price remains the only confirmed procurement baseline.

What does Kimi K3 cost per month?

The cache-miss formula is: input tokens ÷ 1M × $3, plus output tokens ÷ 1M × $15. The cache-hit scenario changes only the input rate to $0.30.

Monthly workloadCache-miss costAll input cache-hitWhat to test
10M input + 2M output$60$33Repository fit and answer acceptance
100M input + 20M output$600$330Cache ratio and verbosity
1B input + 200M output$6,000$3,300Concurrency, retries, and provider resilience

Output is the expensive side of the K3 bill. Artificial Analysis reports that K3 generated 130M output tokens during its Intelligence Index evaluation—well above the comparison median. A strong score can therefore coexist with a high successful-task bill if prompts invite overlong answers. Set output limits and measure accepted work, not price per token alone.

Kimi K3 vs GPT-5.6 Sol, Claude Fable 5, GLM-5.2, and K2.7 Code

ModelExternal Intelligence IndexOfficial input/outputBest decision role
Kimi K357$3 / $15Frontier coding, agents, knowledge work, 1M context
GPT-5.6 Sol59$5 / $30Maximum general frontier capability
Claude Fable 560$10 / $50Premium long-horizon work and polished interaction
GLM-5.251See current provider quotesLower-cost Chinese coding alternative
Kimi K2.7 Code42$0.95 / $4Cheaper Moonshot coding workload

The scores above use the same Artificial Analysis methodology where available and remain separate from ComputeUnion price data. K3 is not the score leader, but its $3/$15 official rate creates a credible middle position: materially cheaper than Sol or Fable at the stated rates, substantially stronger than K2.7 Code on the dated external score, and more expensive than Moonshot's previous workhorse.

What K3 is actually built for

  • Long-horizon coding: Moonshot explicitly targets repository-scale and multi-step engineering work.
  • End-to-end knowledge work: K3 is positioned for research and document-heavy tasks that require planning and synthesis.
  • Agent workflows: the launch evidence includes tool use, browser interaction, and long task horizons.
  • Native multimodal input: K3 accepts text and images and keeps a 1M-token context window.
  • Future self-hosting evaluation: the 2.8T-parameter release is strategically important, but infrastructure planning should wait for the actual weights and license artifacts.

Three reasons not to migrate blindly

  1. Weights are promised, not yet available. Do not design a production self-hosting budget from an unreleased artifact.
  2. Conversation state matters. Moonshot warns that preserved thinking history is important and that switching models mid-session can destabilize results.
  3. K3 can be over-proactive. Strong system boundaries and tool permissions are necessary for agents.

Clear conclusion

Buy an API pilot now if you need frontier-class coding or knowledge work at a lower official token rate; wait before committing to self-hosting. K3's independent score of 57, 1M context, native vision, and $3/$15 official price make it more than a launch headline. The practical test is whether it beats K2.7 Code, GPT-5.6 Sol, or the current production model on successful-task cost after verbosity, retries, cache hits, and tool failures are counted.

Sources and method

Model architecture, positioning, availability, limitations, API ID, official price, and the July 27 weight-release plan come from the Moonshot Kimi K3 launch announcement and Kimi API platform. Intelligence, speed, latency, context, and benchmark-provider coverage come from Artificial Analysis. ComputeUnion keeps official, channel, and market evidence separate and does not invent a relay price when no route has been independently checked.

Frequently Asked Questions

How much does the Kimi K3 API cost?

Moonshot lists cache-miss input at $3 and output at $15 per million tokens. Cache-hit input costs $0.30 per million tokens.

Is Kimi K3 open source?

Moonshot calls K3 an open model and says full weights will be released by July 27, 2026. At the July 18 snapshot, the API was live but the full weights were not yet downloadable.

How does Kimi K3 compare with GPT-5.6 Sol?

Artificial Analysis scores K3 at 57 and GPT-5.6 Sol at 59. K3's official $3/$15 rate is lower than Sol's listed $5/$30, but teams should compare successful-task cost and workflow reliability.

What is Kimi K3 best for?

Moonshot positions K3 for long-horizon coding, end-to-end knowledge work, deep reasoning, agents, image understanding, and million-token-context tasks.

Why are there no verified relay prices yet?

A provider listing is not sufficient evidence of the price unit and upstream model route. ComputeUnion adds channel quotes only after the collector can verify the model ID and pricing fields.

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