Verified 2026 API Rates • Prompt Caching & Batch ROI

Anthropic: Claude Fable 5.2 vs Tencent: Hy4

Compare real-world API costs for Anthropic: Claude Fable 5.2 ($8/$40) vs Tencent: Hy4 ($0.417/$1.2505). Calculate Prompt Caching ROI & Batch API savings.

Tencent: Hy4 saves up to 95% on base input tokens
Anthropic

Anthropic: Claude Fable 5.2

claude-fable-5.2
Base Input Rate
$8.00 / 1M
Output Rate
$40.00 / 1M
Prompt Cache Read
$0.20 / 1M (-97.5%)
Cache Write Surcharge
$10.00 / 1M (+25%)
Batch API Discount
-50% Off
Context Window
1,000k tokens
Quality Index (MMLU)
88
Tencent

Tencent: Hy4

hy4
Base Input Rate
$0.42 / 1M
Output Rate
$1.25 / 1M
Prompt Cache Read
$0.021 / 1M (-94.96%)
Cache Write Surcharge
$0.00 (Free write)
Batch API Discount
Not Supported
Context Window
1,048.576k tokens
Quality Index (MMLU)
88
Differential Module 1

Prompt Caching ROI & Write Surcharge Break-Even Analysis

Prompt caching drastically reduces input token costs for static prefixes like system prompts, tool schemas, and document chunks. Compare caching mechanisms between Anthropic: Claude Fable 5.2 and Tencent: Hy4:

Anthropic: Claude Fable 5.2 Caching Profile-97.5% read discount

  • Cached Read Price: $0.200 per 1M tokens.
  • Write Surcharge: $10.00/1M (+25% fee on initial cache write).
  • Minimum Cache Prefix: 1,024 tokens.
  • Amortization Rule: Net cost savings begin when prefix is reused > 1.25 times within TTL.

Tencent: Hy4 Caching Profile-94.96% read discount

  • Cached Read Price: $0.021 per 1M tokens.
  • Write Surcharge: $0.00 (automatic caching with zero write penalty).
  • Minimum Cache Prefix: 1,024 tokens.
  • Amortization Rule: Immediate net savings from first cached read call.
Differential Module 2

Batch API 50% Discount Offload vs Real-Time SLA

Asynchronous Batch APIs cut total token expenditures in half (50% off input and output) in exchange for non-realtime execution (up to 24-hour turnaround SLA).

Model / ArchitectureStandard Input / OutputBatch 50% Off Input / OutputTurnaround SLAOptimal Use Cases
Anthropic: Claude Fable 5.2$8.00 / $40.00$4.00 / $20.00 (-50%)24 Hours max (typically 30m - 2h)Bulk evaluation, dataset labeling, background summarization
Tencent: Hy4$0.42 / $1.25Standard on-demand rateInstant real-timeOffline document translation, embedding backfills, test suites
Differential Module 3

Context Window Escalation & Tiered Pricing Architecture

Massive context windows allow ingesting entire repositories or books, but pricing models differ drastically between flat-rate vendors and tiered step-up pricing.

Anthropic: Claude Fable 5.2 Context Capacity

Provides a 1,000k token context window with a maximum output limit of 128k tokens.✓ Flat-rate billing across all prompt sizes up to max context ceiling.

Tencent: Hy4 Context Capacity

Provides a 1,048.576k token context window with a maximum output limit of 65.536k tokens.✓ Flat-rate billing across all prompt sizes up to max context ceiling.

Quill Strategic Content

Real-World Production Scenarios: Monthly Spend Projections

Pre-computed monthly engineering bill projections across 3 representative enterprise application workloads:

Scenario 1

RAG Knowledge Base & Enterprise Search

100,000 queries/month, 3,500 input tokens (system + 5 retrieved chunks), 400 output tokens, 75% prompt cache hit rate.

Anthropic: Claude Fable 5.2:$2492.50/mo
Tencent: Hy4:$92.02/mo
Delta Savings:-$2400.48 (96%)
Architecture Verdict:Tencent: Hy4 delivers 96% lower monthly spend ($2400.48/mo savings) for this workload profile.
Scenario 2

Multi-Turn Coding Agent & ReAct Loops

25,000 tasks/month, 8,000 input tokens (accumulating conversation context & tool schemas), 1,200 output tokens, 85% cache hit rate.

Anthropic: Claude Fable 5.2:$1437.45/mo
Tencent: Hy4:$53.59/mo
Delta Savings:-$1383.85 (96%)
Architecture Verdict:Tencent: Hy4 delivers 96% lower monthly spend ($1383.85/mo savings) for this workload profile.
Scenario 3

High-Throughput Offline Data Extraction

500,000 records/month, 1,500 input tokens, 250 output tokens, 100% batch offload (24-hour turnaround SLA).

Anthropic: Claude Fable 5.2:$5065.00/mo
Tencent: Hy4:$409.66/mo
Delta Savings:-$4655.34 (92%)
Architecture Verdict:Tencent: Hy4 delivers 92% lower monthly spend ($4655.34/mo savings) for this workload profile.
毫秒级实时交互模拟引擎

Anthropic: Claude Fable 5.2 对比 Tencent: Hy4

针对企业典型三大工程落地形态(RAG 知识库、Coding Agent 多轮、离线批量清洗)进行精确成本演算:

Live 50ms Engine
月度请求量 (Requests)100,000
单次输入 Tokens (Input)4,000
单次输出 Tokens (Output)1,000
Prompt 缓存命中率 (Cache Hit)70%
Batch API 批处理分流比例0%
Tencent: Hy4 更便宜

预计每月节省

Anthropic: Claude Fable 5.2$5,176.00$51.760// 千次请求
对比
Tencent: Hy4$180.97$1.810// 千次请求
Developer FAQs

Frequently Asked Questions: Anthropic: Claude Fable 5.2 vs Tencent: Hy4

Authoritative answers on API rate limits, pricing math, break-even thresholds, and architectural migration.

1Which model is cheaper overall: Anthropic: Claude Fable 5.2 or Tencent: Hy4?

At base pricing, Anthropic: Claude Fable 5.2 costs $8/1M input and $40/1M output, while Tencent: Hy4 costs $0.417/1M input and $1.2505/1M output. The cheaper option depends on your input-to-output token ratio and whether prompt caching or batch discounts are utilized.

2How does Prompt Caching impact the cost of Anthropic: Claude Fable 5.2 vs Tencent: Hy4?

Anthropic: Claude Fable 5.2 offers a 97.5% read discount ($0.2/1M), whereas Tencent: Hy4 provides a 94.96% read discount ($0.021/1M). High cache hit ratios (>70%) significantly compress the cost delta in agentic and RAG architectures.

3Can I use Batch API with Anthropic: Claude Fable 5.2 or Tencent: Hy4 to save 50%?

Anthropic: Claude Fable 5.2 supports 50% batch offload discounts for asynchronous 24-hour turnaround tasks. Tencent: Hy4 uses low base on-demand pricing.

4What are the context window limits and tiered pricing rules for Anthropic: Claude Fable 5.2 vs Tencent: Hy4?

Anthropic: Claude Fable 5.2 features a 1,000k context window with flat per-token pricing. In comparison, Tencent: Hy4 supports 1,048.576k tokens with flat per-token pricing.