Kimi K2.6 vs GLM 4.5

Kimi K2.6 at $0.667 in and $2.81 out and GLM 4.5 at $0.690 in and $2.53 out — per million tokens, from the same wallet.

Kimi K2.6

Moonshot AI

0.56¢

for a client proposal

$0.667 in · $2.81 out / 1M

262K context · released 4 months ago

Full page →

GLM 4.5

Z.ai

0.55¢

for a client proposal

$0.690 in · $2.53 out / 1M

131K context · released July 2025

Full page →

Asking all both at once — identical prompt, identical context — costs about 1.1¢ for a typical client proposal.

At a glance

Cheapest input: Kimi K2.6 at $0.667 per million tokens.
Cheapest output: GLM 4.5 at $2.53 per million tokens.
Largest context: Kimi K2.6 at 262K tokens — about 370 pages.

Cost per task

Estimated totals at the rates above. Solid bar is input, lighter bar is output.

Quick code fix

2K in · 500 out

Kimi K2.6

0.27¢

GLM 4.5

0.26¢

Draft a client proposal from notes

5K in · 800 out

Kimi K2.6

0.56¢

GLM 4.5

0.55¢

Context-heavy session (Alyph workspace)

155K in · 4K out

Kimi K2.6

$0.11

GLM 4.5

needs 155K ctx

Analyze a 50-page legal contract

35K in · 1K out

Kimi K2.6

2.6¢

GLM 4.5

2.7¢

Large architecture refactor

250K in · 3K out

Kimi K2.6

$0.18

GLM 4.5

needs 250K ctx

Solid part of each bar is input tokens, the lighter part is output. Models that don’t fit a task are marked instead of priced.

Cost vs Token Amount

Drag the slider to adjust the split between input and output workload.

80% Input20% Output

Kimi K2.6

GLM 4.5

Adjust the ratio slider to change how output tokens influence the final price for equivalent workloads.

Pricing

Kimi K2.6

GLM 4.5

Input / 1M tokens

$0.667

$0.690

Output / 1M tokens

$2.81

$2.53

Cached input / 1M

$0.112

$0.127

Specs

Kimi K2.6

GLM 4.5

Provider

Moonshot AI

Z.ai

Released

4 months ago

July 2025

Context window

262K

131K

Max output

262K

98K

Input

Text and Images

Text

Output

Text

Reasoning

Shows its thinking

Knowledge cutoff

—

2024-12-31

Try it with real numbers

2K tokens in · 500 tokens out.

Kimi K2.6

Moonshot AI

0.27¢

for this task

49% input · 51% output

Full pricing →

GLM 4.5

Z.ai

0.26¢

for this task

52% input · 48% output

Full pricing →

All 2, same prompt and context: 0.54¢. That is the entire cost of the comparison.

Your $5 welcome credit covers about 929 of these.

Which should you pick?

For long documents, Kimi K2.6 has the largest context window here — 262K tokens.

On price, GLM 4.5 is the cheapest of the two on a typical task, at about 0.55¢.

For images or files, Kimi K2.6 can read them directly; GLM 4.5 is text-only.

Or don’t pick. Send the identical prompt to all both, read the answers side by side, and keep the winner. How to run a fair bake-off →

Kimi K2.6 pricing →GLM 4.5 pricing →Add Lyria 3 Clip Preview Add Grok 4.20

Questions, answered

Which is cheaper, Kimi K2.6 or GLM 4.5?

On a typical client proposal (5K tokens in, 800 out): GLM 4.5 at 0.55¢; Kimi K2.6 at 0.56¢. Long prompts can change the order when long-context rates apply.

Which has the largest context window?

Kimi K2.6 — 262K tokens, about 370 pages.

Can I run Kimi K2.6 and GLM 4.5 side by side on Alyph?

Yes — that is what Alyph is built for: the identical prompt with identical context to all 2, answers rendered side by side, billed from one wallet. This exact combination costs about 1.1¢ for a typical task.

Ask both at once

Identical prompt, identical context, answers side by side — about 1.1¢ for a typical client proposal. Free to start, with $5 of credit.