Claude Fable 5 (Adaptive Reasoning, Max Effort, Opus 4.8 Fallback) API Pricing

Anthropic · released 2026-06-09

Pricing

$10.00
input / 1M tokens
1.00¢ / 1K
$50.00
output / 1M tokens
5.00¢ / 1K
$20.00
blended / 1M tokens
2.00¢ / 1K

What it actually costs

WorkloadTokensCost
Short chat reply500 in / 300 out$0.0200
RAG query4,000 in / 500 out$0.0650
Long document summary50,000 in / 1,000 out$0.5500
Code review of a 2k-line file30,000 in / 2,000 out$0.4000
1,000 chat replies/day for 30 days30,000 × (500 in / 300 out)$600.00

Cost = (input tokens ÷ 1,000,000 × $10.00) + (output tokens ÷ 1,000,000 × $50.00).

Benchmarks

49.6
Intelligence
#4 of 533
76.5
Coding
#7 of 197
Math
Tokens/sec
Time to first token

Similar intelligence, lower price

ModelIntelligenceBlended $/1M
Muse Spark 1.3 (max)48.1$2.00
GPT-5.6 Sol (max)47.0$8.00
Claude Opus 5 (Adaptive Reasoning, Max Effort)50.8$10.00

Leaderboard neighbours

ModelIntelligenceBlended $/1M
Claude Fable 5.1 (Adaptive Reasoning, Max Effort, Default Fallback)53.4$20.00
GPT-6 Astra (max)52.7$20.00
Claude Opus 5 (Adaptive Reasoning, Max Effort)50.8$10.00
Claude Fable 5 (Adaptive Reasoning, Max Effort, Opus 4.8 Fallback)49.6$20.00
Muse Spark 1.3 (max)48.1$2.00
GPT-5.6 Sol (max)47.0$8.00
Grok 4.7 (xhigh)46.4$3.00

More from Anthropic

ModelIntelligenceBlended $/1M
Claude Fable 5.1 (Adaptive Reasoning, Max Effort, Default Fallback)53.4$20.00
Claude Opus 5 (Adaptive Reasoning, Max Effort)50.8$10.00
Claude Opus 4.8 (Adaptive Reasoning, Max Effort)41.8$10.00
Claude Opus 4.7 (Adaptive Reasoning, Max Effort)40.7$10.00
Claude Sonnet 5 (Adaptive Reasoning, Max Effort)38.2$4.00
Claude Opus 4.6 (Adaptive Reasoning, Max Effort)31.9$10.00
Claude Sonnet 4.6 (Adaptive Reasoning, Max Effort)30.1$6.00
Claude Opus 4.5 (Reasoning)29.1$10.00

Count tokens & estimate cost for Claude Fable 5 (Adaptive Reasoning, Max Effort, Opus 4.8 Fallback) See Claude Fable 5 (Adaptive Reasoning, Max Effort, Opus 4.8 Fallback) on the leaderboard

Source: Artificial Analysis · last synced 2026-09-22

FAQ

Who develops Claude Fable 5 (Adaptive Reasoning, Max Effort, Opus 4.8 Fallback)?

Claude Fable 5 (Adaptive Reasoning, Max Effort, Opus 4.8 Fallback) is developed by Anthropic, released 2026-06-09.

How much does Claude Fable 5 (Adaptive Reasoning, Max Effort, Opus 4.8 Fallback) cost per million tokens?

Claude Fable 5 (Adaptive Reasoning, Max Effort, Opus 4.8 Fallback) costs $10.00 per 1M input tokens and $50.00 per 1M output tokens ($20.00 blended), per Artificial Analysis's official pricing data.

How does Claude Fable 5 (Adaptive Reasoning, Max Effort, Opus 4.8 Fallback) rank on benchmarks?

Claude Fable 5 (Adaptive Reasoning, Max Effort, Opus 4.8 Fallback) scores 49.6 on the Artificial Analysis Intelligence Index, ranking #4 of 533 models we track.

Is there a cheaper model with similar intelligence to Claude Fable 5 (Adaptive Reasoning, Max Effort, Opus 4.8 Fallback)?

Yes — Muse Spark 1.3 (max) scores similar intelligence (48.1) at $2.00/1M blended, versus $20.00/1M for Claude Fable 5 (Adaptive Reasoning, Max Effort, Opus 4.8 Fallback).

Where does this data come from?

Pricing and benchmark data for Claude Fable 5 (Adaptive Reasoning, Max Effort, Opus 4.8 Fallback) comes from Artificial Analysis (artificialanalysis.ai), synced daily. Last synced 2026-09-22.