More details: - https://platform.kimi.ai/docs/guide/kimi-k3-quickstart - https://platform.kimi.ai/docs/pricing/chat-k3 1M context, pricing is $3/$15 for 1M tokens (cache $0.3), which is extremely high for a Chinese open-weight model, but if it's truly competitive with most of the current frontier and is only behind Fable/Sol, the pricing is justified. This is 1:1 pricing of Anthropic's Sonnet series (except Sonnet 5…
Tokenizers also matter. Anthropics tokenizers will encode the same piece of text at a way higher token count than OpenAi, for example. That said, Kimi is competing against GLM in my mind, and GLM 5.2 is less than 1/3 the price.
Neuralwatt was cheap (but slow) but they cranked their price.
Ollama monthly sub is speedy but doesn't offer a lot of quota.
Right now unless you're paying by the token, there's no cost based reason to use the open weight models for daily coding work because the monthly coding plans from Anthropic and OpenAI are a better deal.