Which is cheaper, Hy-MT2-1.8B or text-embedding-ada-002?

text-embedding-ada-002, at $0.30 per million tokens against $0.31 for Hy-MT2-1.8B, three parts input to one part output, read on 16 Sept 2026.

Where is each one cheapest?

Hy-MT2-1.8B: nobody goes below the maker's own price with a reason we can point at, so $0.31 is the number to beat. text-embedding-ada-002: nobody goes below the maker's own price with a reason we can point at, so $0.30 is the number to beat.

Which holds more context?

Both hold 8k tokens in one call.

Hy-MT2-1.8B vs text-embedding-ada-002.

model vs model · prices as of 16 Sept 2026

text-embedding-ada-002 takes 2 of 5 rounds against Hy-MT2-1.8B. It is also the cheaper of the two to run, at $0.30 per million tokens against $0.31.

Tencent

Hy-MT2-1.8B

$0.31/M tokens

Tencent list price, nothing below it is accounted for · $0.037 per 1,000 pages

8k context · open weights

OpenAIwins 2 rounds

text-embedding-ada-002

$0.30/M tokens

OpenAI list price, nothing below it is accounted for · $0.06 per 1,000 pages

8k context

List price in (lower wins)

$0.04/M

$0.10/M

List price out (lower wins)

$0.18/M

$0/M

Cheapest we can explain (lower wins)

none below list

Standard price (lower wins)

$0.31/M

$0.30/M

Cost per 1,000 pages (lower wins)

$0.037

$0.06

Context

8k tokens

Open weights

yes

Tool calling

Structured output

not stated

Reads images

Reasoning

Released

20 Aug 2026

15 Dec 2022

Providers selling it

Price we measure against

the maker's own

Trains on your prompts (no is better)

no provider to check

Providers selling both · 0

No provider we read sells both, so running the two means two accounts.

Go further

open in the compare tool →every price for Hy-MT2-1.8B every price for text-embedding-ada-002

Add a third or fourth model, or switch the weighting, in the tool.

What moved in the last seven days

text-embedding-ada-002Nous Portal$0.08 / $0 $0.10 / $025% dearer · 16 Sept 2026

Frequently asked

Which is cheaper, Hy-MT2-1.8B or text-embedding-ada-002?: text-embedding-ada-002, at $0.30 per million tokens against $0.31 for Hy-MT2-1.8B, three parts input to one part output, read on 16 Sept 2026.
Where is each one cheapest?: Hy-MT2-1.8B: nobody goes below the maker's own price with a reason we can point at, so $0.31 is the number to beat. text-embedding-ada-002: nobody goes below the maker's own price with a reason we can point at, so $0.30 is the number to beat.
Can I buy both from one provider?: No provider we read sells both, so running the two means two accounts and two bills.
Which holds more context?: Both hold 8k tokens in one call.

Prices exclude tax and are per million tokens, read 16 Sept 2026 from each provider's own catalog. The standard price blends three parts input to one part output; a page is 600 tokens in and 60 out. Bars are scaled to the larger value in each row.