The Token Ledger – 2026-07-13

The most cost‑impacting change today is the completion price jump for Z.ai: GLM 5.2, which more than doubles its cost per million tokens.

Price changes

Model	What changed	Old price (/1M)	New price (/1M)	Δ (/1M)	Who should care
Z.ai: GLM 5.2	Prompt	$0.42	$0.93	+$0.51	Teams using GLM 5.2 for prompt‑heavy tasks
	Completion	$1.32	$3.00	+$1.68	Anyone generating long completions; cost impact is largest of the day
MoonshotAI: Kimi K2.7 Code	Prompt	$0.72	$0.72	–$0.001	Minor savings for prompt‑heavy workloads
	Completion	$3.50	$3.49	–$0.01	Negligible effect
Z.ai: GLM 4.6	Prompt	$0.43	$0.43	$0.00	No change
	Completion	$1.74	$1.75	+$0.01	Slight uptick for completion‑focused use
Qwen: Qwen3 235B A22B Instruct 2507	Prompt	$0.09	$0.09	$0.00	No change
	Completion	$0.10	$0.55	+$0.45	Significant cost rise for completion‑heavy applications
Meta: Llama 4 Maverick	Prompt	$0.15	$0.20	+$0.05	Moderate increase for prompt‑heavy tasks
	Completion	$0.60	$0.80	+$0.20	Noticeable rise for completion‑heavy tasks

Cheapest models today (per‑million‑token cost)

1. inclusionAI: Ling-2.6-flash – Prompt $0.01, Completion $0.03
2. IBM: Granite 4.0 Micro – Prompt $0.02, Completion $0.11
3. Meta: Llama 3.1 8B Instruct – Prompt $0.02, Completion $0.03

No models were added or removed today.

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