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RETIRED AUG 31 202632K CONTEXTTEXTNO CACHE DISCOUNTOPENAI-COMPATIBLE API

Moonshot V1 32K API Pricing

Moonshot V1 (32K) was retired by Moonshot (Kimi) on August 31, 2026 - the moonshot-v1-32k model id no longer answers. Moonshot (Kimi) names Kimi K3 as the replacement. Its last listed rates were $1.00/M input and $3.00/M output, kept here for invoice checks and migration math. Checked against Kimi's model list.

Input - per 1M tokens
$1.00/M
Source Kimi API flat
Output - per 1M tokens
$3.00/M
Context 32K flat
Cached input - no separate discount
$1.00/M
Cache not listed 0%
Effective - agentic blend
$1.16/M
92/8 split - no cache discount
§ 01 / TERMINAL

Run the numbers.

Live calculator pre-loaded with Moonshot V1 32K rates. Tweak spend, workload split, or token counts and compare the legacy V1 economics against newer Kimi options.

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

Real-world presets.

LONG DOC

Knowledge-base analysis

$0.111/doc
90,000 in - 7,000 out~900 units/$100
RAG

Support lookup

$0.012/query
9,000 in - 1,000 out~8,333 units/$100
CHATBOT

Customer conversation

$0.0051/turn
3,000 in - 700 out~19,607 units/$100
SUMMARY

Article summary

$0.0077/article
5,000 in - 900 out~12,987 units/$100
§ 03 / TOKENIZER

Paste text. See tokens. See cost.

What's a token →
Estimate · moonshot-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 413
Words 71
Tokens (estimated) 107 tokens
Cost as input · uncached $0.00011 USD
Cost as output · uncached $0.00032 USD
§ 04 / SHELF

Up against the shelf.

All models →
Model Input /M Output /M Effective blended Context Best for
Moonshot V1 (32K) Current $1.00 $3.00 $1.16 agentic 92/8 32K Standard document chat
Moonshot V1 (128K) $2.00 $5.00 $2.24 retired 131K Long document analysis
Moonshot V1 (8K) $0.20 $2.00 $0.344 retired 8K Short chat and summaries
Moonshot V1 128K Vision Preview $2.00 $5.00 $2.24 retired 131K Long-context image analysis
Moonshot V1 32K Vision Preview $1.00 $3.00 $1.16 retired 32K Image Q&A and document chat
Kimi K2.5 $0.60 cache $0.10 $3.00 $0.415 retired 262K Supported Kimi multimodal target
Kimi K2.6 $0.95 cache $0.16 $4.00 $0.598 −48% 262K Current Kimi flagship agents
Gemini 3.8 Flash $0.75 cache $0.075 $3.75 $0.481 −2.4× · promo 1M Mainstream multimodal work

Frequently asked.

Legacy Moonshot V1 pricing questions for teams checking invoices, migrations, or older API integrations.

Q · 01 Can I still call Moonshot V1 (32K)? +
No. Moonshot (Kimi) retired moonshot-v1-32k on August 31, 2026, and requests to it now fail. Moonshot (Kimi) names Kimi K3 as the replacement. The rates on this page are the last ones Moonshot (Kimi) listed, kept for reading old invoices and for estimating a migration.
Q · 02 What is Moonshot V1 32K priced at? +
Moonshot V1 32K is listed at $1/M input and $3/M output. Kimi states prices exclude applicable taxes, and this page stores the USD token price before taxes.
Q · 03 Does Moonshot V1 have prompt caching? +
No separate cache-hit price is listed for this Moonshot V1 row. AI//COST therefore sets cached input equal to the normal $1/M input rate instead of inventing a discount.
Q · 04 Does this text V1 variant support vision? +
This text-only V1 variant is for text input and text output. For image input, Kimi K3 and K2.6 are the current vision-capable models; the V1 Vision Preview slugs were retired with the rest of V1.
Q · 05 How is the effective price calculated? +
AI//COST uses the same 92/8 agentic blend everywhere. Because no V1 cache discount is listed, Moonshot V1 32K's effective blended cost is $1.16/M.
Q · 06 Are regional taxes included? +
No. Kimi's pricing page says listed prices exclude applicable taxes and checkout calculates tax based on jurisdiction. Currency conversion and tax modeling belong in calculator variants, not the USD source price.
Q · 07 What should replace Moonshot V1? +
Kimi points every retired Moonshot V1 model to Kimi K3. For a cheaper current option, compare Kimi K2.6. Kimi K2.5, once the usual comparison here, was retired on the same day as V1.
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Reviewed by Yaroslav Vikhariev Founder · AI//COST · Prices checked by hand against platform.kimi.ai · Last verified Sep 24, 2026
Methodology Report a correction More by Y.V.