THE TICKER · ANTHROPIC · CHECKED DAILY · LAST CHANGE 2026-11-10
CLAUDE FABLE 5.2 API PRICING
What Anthropic charges for Claude Fable 5.2, in USD, cross-checked daily against the public pricing dataset. Effective price — if there's a promo running, this is the promo.
USAGE: <0.2% of OpenRouter tokens in the week of 2026-11-02. What people actually run. Source: OpenRouter (openrouter.ai/rankings), as of 2026-11-10.
NOTE: 20% below Fable 5.1 on every line: cache reads $0.20, cache writes $10 (5 minutes) and $16 (1 hour), batch $4/$20. Anthropic points to it for demanding reasoning work.
WHAT THINGS ACTUALLY COST ON CLAUDE FABLE 5.2
| Scenario | Tokens in / out | 1 run | 1,000 runs |
|---|---|---|---|
| A typical prompt (300 tokens in) | 300 / ~900 | $0.04 | $38.40 |
| A 20-turn conversation (context re-sent) | 4,000 / ~4,000 | $0.19 | $192.00 |
| Summarizing a 10-page document | 8,000 / ~3,200 | $0.19 | $192.00 |
| One agent run (tools, retries, thinking) | 2,000 / ~12,000 | $0.50 | $496.00 |
| A code review request | 1,500 / ~3,750 | $0.16 | $162.00 |
Output sizes assume the same editorial ratios as the Burn Calculator (3x for prompts, 6x for agent runs). Estimates, not invoices.
VS. THE REST OF THE BOARD
“Same job” = a 1,000-token prompt with a 3,000-token reply, priced on both models. Cheaper is not always better. It is, however, always cheaper.
PRICE HISTORY
Claude Fable 5.2 joins the board at $8.00 in / $40.00 out per MTok, 20% below Fable 5.1 on every line: cache reads, cache writes and batch included. Anthropic's top tier just got cheaper.
Source: platform.claude.com/docs/en/about-claude/pricing · price last confirmed against the daily source on 2026-11-10. The full changelog lives at /pricing/changes.
NOW FIND OUT HOW MUCH OF THAT IS WASTE
Claude Fable 5.2's price is fixed. Your token count isn't. Paste a real prompt into the Burn Calculator and see what it costs on Claude Fable 5.2 — and how much a leaner version would save at 1,000 runs. Or pull the whole board from the ticker.