The Token Ledger Digest – 2026-08-24

The most cost‑impacting change today is the completion price jump for Qwen: Qwen3.5 397B A17B, rising +$1.26 / 1M tokens.

Price changes (per‑million‑token view)

• Qwen: Qwen3.5 397B A17B

  • Prompt: $0.39 → $0.50 (+$0.11)
  • Completion: $2.34 → $3.60 (+$1.26)
  • Who should care: Teams running large‑scale generation workloads with this model; completion costs now exceed $3.50/M.

• Qwen: Qwen3.6 27B

  • Prompt: $0.60 → $0.32 (−$0.28)
  • Completion: $3.60 → $3.20 (−$0.40)
  • Who should care: Users of this 27B variant see a 19% prompt and 11% completion cost cut.

• DeepSeek: DeepSeek V4 Pro 0423

  • Prompt: $0.40 → $0.53 (+$0.13)
  • Completion: $0.79 → $1.05 (+$0.26)
  • Who should care: Applications relying on the Pro tier will see ~33% higher completion spend.

• MiniMax: MiniMax M2.7

  • Prompt: $0.30 → $0.24 (−$0.06)
  • Completion: $1.20 → $0.96 (−$0.24)
  • Who should care: Cost‑sensitive inference pipelines benefit from a 20% completion reduction.

• DeepSeek: DeepSeek V4 Flash 0731

  • Prompt: $0.08 → $0.14 (+$0.06)
  • Completion: $0.18 → $0.28 (+$0.10)
  • Who should care: Flash users face a 75% prompt and 56% completion increase.

• DeepSeek: DeepSeek V4 Flash Latest

  • Prompt: unchanged at $0.04
  • Completion: $0.13 → $0.08 (−$0.05)
  • Who should care: Minor completion savings for latency‑critical flash workloads.

• DeepSeek: DeepSeek V4 Flash 0423

  • Prompt: $0.05 → $0.06 (+$0.006)
  • Completion: $0.10 → $0.11 (+$0.011)
  • Who should care: Negligible impact; monitor only if operating at very high volume.

Cheapest models today (per‑million‑token)

1. inclusionAI: Ling-2.6-flash – Prompt $0.01, Completion $0.03
2. IBM: Granite 4.0 Micro – Prompt $0.017, Completion $0.112
3. Mistral: Mistral Nemo – Prompt $0.019, Completion $0.030

Total models tracked: 422.

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Originally published at The Token Ledger. Subscribe for the daily digest.