Claude Fable 5.2: Pricing, Context, and Benchmarks

Claude Fable 5.2 is Anthropic's Claude 5 model released on 2026-11-09. It runs on a 1.0M-token context window, priced at $8.00/M input and $40.00/M output. Anthropic model for demanding reasoning and long-horizon agentic work. 1M context, 128K max output; cache hits at 2.5% of input.

Input
$8.00/M
Output
$40.00/M
Cached input
$0.2000/M
Context
1.0M
Max output
128K

Specifications

ProviderAnthropic
FamilyClaude 5
Released2026-11-09
Statusactive
Context window1.0M tokens
Max output128K tokens
Modalitiestext image
Capabilities function calling json mode vision streaming tool use thinking
Tokenizerclaude (since Opus 4.7)
API endpointhttps://api.anthropic.com/v1/messages
DocumentationOfficial docs ↗
Last updated2026-11-14

Cost calculator

For 1,000 tokens of input and 1,000 tokens of output per call, this model costs $0.0480 per call. For typical usage:

WorkloadTokens / call (in/out)$/call$/1K calls$/1M calls
Short Q&A 200 / 100 $0.005600 $5.60 $5,600
Standard chat 1K / 500 $0.028000 $28.00 $28,000
RAG with retrieval 4K / 500 $0.052000 $52.00 $52,000
Long doc summary 20K / 1K $0.200000 $200.00 $200,000
Long context (100K input) 100K / 2K $0.860000 $860.00 $860,000

For more precise estimates including caching discounts, use the LLM API Cost Calculator.

Other Anthropic models

Common comparisons

API setup

curl https://api.anthropic.com/v1/messages \
  -H "Authorization: Bearer $API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"model": "claude-fable-5-2", "messages": [{"role": "user", "content": "Hello"}]}'

See the official documentation for the full request/response schema. For pre-flight token counting before paying, use the appropriate token counter.