Last verified
CODE EDITINGFIM + NEXT EDIT32K CONTEXTNOT A CHAT MODELDEVELOPER TABLE

Mercury Edit 2 API Pricing

Mercury Edit 2 carries the same card as Mercury 2 - $0.25/M input, $0.025/M cached, $0.75/M output - but it is not a chat model. It serves v1/fim/completions and v1/edit/completions: fill-in-the-middle autocomplete and next-edit suggestions for code tooling, with a 32K window and 8,192 max output tokens. It is still on Inception's developer table, and the closure that took Mercury 2 and 2.5 off for new users on October 19, 2026 does not name it.

Input - per 1M tokens
$0.25/M
Same as Mercury 2 flat
Output - per 1M tokens
$0.75/M
Same as Mercury 2 flat
Cached input - per 1M tokens
$0.025/M
10% of fresh input -90%
Effective - agentic blend
$0.12/M
92/8 split - 82% cache
§ 01 / TERMINAL

Run the numbers.

The rate is identical to Mercury 2, so the calculator differs only in the shape of the workload: editing traffic is many small requests, not a few large ones, and the per-request figures below matter more than the per-million rate.

$ /mo
Workload split
Prompt cache hit rate
Tokens you can process
—
Words equivalent (English)
—
Effective rate
—
Open full calculator (all models · share URL · CSV) →
§ 02 / SCENARIOS

Real-world presets.

§ 03 / TOKENIZER

Paste text. See tokens. See cost.

What's a token →
Estimate · inception-tokenizer-estimate · ≈3.85 chars/token Auto-counts as you type

This is a chars-per-token approximation, not a real tokenizer. Actual tokens vary by language, code density, and tool-call overhead — counts are typically ±10–20% off for English prose, more for code or non-Latin scripts. For exact billing, use the vendor's official tokenizer.

Characters 616
Words 94
Tokens (estimated) 160 tokens
Cost as input · uncached $0.00004 USD
Cost as output · uncached $0.00012 USD
Cost as cached input $0.000004 USD
§ 04 / SHELF

Up against the shelf.

All models →
Model Input /M Output /M Effective blended Context Best for
Mercury Edit 2 Current $0.25 cache $0.025 $0.75 $0.12 agentic 92/8 32K IDE autocomplete and next-edit suggestions
Mercury 3 $0.20 cache $0.02 $0.70 $0.104 −13% · promo 1M General production traffic
Doubao Seed 2.0 Code $0.476 cache $0.0952 $2.38 $0.341 +2.8× 256K IDE agents on Volcano Ark
KAT-Coder-Air V2.5 $0.149 cache $0.0298 $0.595 $0.0947 −21% 256K Budget coding model

Frequently asked.

Why it costs the same as the chat model, what the endpoints do, and what "supported for existing customers" means for a new integration.

Q · 01 What does Mercury Edit 2 cost? +
The same as Mercury 2: $0.25/M input, $0.025/M cached input, $0.75/M output, giving $0.12/M effective under our 92/8 blend. Inception does not discount the editing endpoints.
Q · 02 How is it different from Mercury 2? +
By interface, not by price. It serves v1/fim/completions and v1/edit/completions instead of chat completions, which is what code tooling needs for inline autocomplete and next-edit suggestions. The context window is 32K on both endpoints against Mercury 2's 128K, and max output is 8,192 against 50,000.
Q · 03 Should a new project start here? +
It can. Until October 2026 Inception's models page footnoted that "Mercury 1 and Mercury Edit 2 remain supported for existing customers". The footnote written for the Mercury 3 launch on October 19 names only Mercury 2 and Mercury 2.5 as closed to new users, and Mercury Edit 2 is still priced on the developer table with its own endpoints. It is no longer shown on the marketing models page, so ask Inception about its roadmap before building a product on it.
Q · 04 Then why is this page not marked as archived? +
Because the model is still on the current price table with a live rate, and the vendor's closure notice does not include it. In this catalogue, archived means off the price list or on a published shutdown path; neither applies here.