Kimi K2 0905 vs Kimi K2 Thinking

Prices checked

Kimi K2 0905 takes 1 of 5 rounds against Kimi K2 Thinking. It is also the cheaper of the two to run, at $0.75 per million tokens against $0.86.

Moonshot AIWins 1 round

Kimi K2 0905

262k context · tool calling · open weights

$0.75/M tokens

Cheapest price, at NanoGPT · $0.35 per 1,000 pages

Moonshot AI

Kimi K2 Thinking

262k context · tool calling · open weights

$0.86/M tokens

Cheapest price, at Helicone · $0.41 per 1,000 pages

Maker's price in (lower wins)

$0.60/M

$0.60/M

Maker's price out (lower wins)

$2.50/M

$2.50/M

Cheapest price (lower wins)

$0.75/M at NanoGPT

$0.86/M at Helicone

Maker's price, blended (lower wins)

$1.08/M

$1.08/M

Cost per 1,000 pages (lower wins)

$0.35

$0.41

Context

262k tokens

262k tokens

Open weights

yes

yes

Tool calling

yes

yes

Structured output

yes

yes

Reads images

no

no

Reasoning

no

yes

Released

4 Sept 2025

6 Nov 2025

Providers selling it

26

21

Price we measure against

OpenRouter

OpenRouter

Trains on your prompts (no is better)

not published

not published

Providers selling both · 15

  • Helicone$0.88 / $0.86
  • NanoGPT$0.75 / $1.08
  • OpenCode$0.93 / $0.93
  • TrustedRouter$1.13 / $0.79
  • Qiniu$1.01 / $1.01
  • io.net Intelligence$1.00 / $1.08
  • 302.AI$1.10 / $1.01
  • Baseten$1.08 / $1.08

Kimi K2 0905, then Kimi K2 Thinking, per million tokens; the 8 cheapest of 15.

Go further

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

What moved this week

  1. Kimi K2 0905

    AI/ML API · 49% cheaper ·

    $0.60 / $2.43 $1.38 / $4.13

Frequently asked

Which is cheaper, Kimi K2 0905 or Kimi K2 Thinking?
Kimi K2 0905, at $0.75 per million tokens against $0.86 for Kimi K2 Thinking, blended 3 in : 1 out, read on 31 Oct 2026.
Where is each one cheapest?
Kimi K2 0905: $0.75 at NanoGPT. Kimi K2 Thinking: $0.86 at Helicone.
Can I buy both from one provider?
Yes. 15 providers sell both: Helicone, NanoGPT, OpenCode, TrustedRouter, Qiniu, io.net Intelligence, and more. The cheapest of them for the two together is Helicone.
Which holds more context?
Both hold 262k tokens in one call.

Prices exclude tax, read 31 Oct 2026 from each provider's own catalog. They are per M tokens, blended 3 in : 1 out, and a page is 600 tokens in and 60 out. Bars are scaled to the larger value in each row.

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