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Reading the price history.
Loading model
Reading the price history.
USD per 1M tokens. Tracked: our read of the official page on 8 Oct 2026. MPW: the current Model Price Watch listing.
MismatchOur read of the official page on 8 Oct 2026 differs from MPW on input, output and cached input. The tracker recipe documents this difference; see Official source.
The official page lists prices in CNY, converted at 0.1471 USD per CNY, so prices within 3% of MPW count as agreeing.
| Price | Tracked | MPW | Difference | Agreement |
|---|---|---|---|---|
| Input | 0.88 | 0.83 | +0.05 (+5.8%) | Mismatch |
| Output | 2.65 | 2.50 | +0.15 (+5.9%) | Mismatch |
| Cached input | 0.044 | 0.042 | +0.002 (+5.1%) | Mismatch |
| BlendedDerived | 1.32 | 1.25 | +0.07 (+5.8%) | Mismatch |
USD per 1M tokens, to 8 Oct 2026. A price holds until it changes; the tracked line breaks on days without a read.
Left and Right arrow keys move between price changes. Shift with an arrow key moves one day. Home and End jump to the ends. Escape hides the details.
Left and Right arrow keys move between covered runs and points. Up and Down switch rows. Escape hides the details.
Tracker: 1 of 1 day observed (100%) · MPW: 42 records since 28 Aug 2026 · Mismatch: 1 day
Left and Right arrow keys move between price changes. Shift with an arrow key moves one day. Home and End jump to the ends. Escape hides the details.
Left and Right arrow keys move between covered runs and points. Up and Down switch rows. Escape hides the details.
Tracker: 1 of 1 day observed (100%) · MPW: 42 records since 28 Aug 2026 · Mismatch: 1 day
Left and Right arrow keys move between price changes. Shift with an arrow key moves one day. Home and End jump to the ends. Escape hides the details.
Left and Right arrow keys move between covered runs and points. Up and Down switch rows. Escape hides the details.
Tracker: 1 of 1 day observed (100%) · MPW: 42 records since 28 Aug 2026 · Mismatch: 1 day
Left and Right arrow keys move between price changes. Shift with an arrow key moves one day. Home and End jump to the ends. Escape hides the details.
Left and Right arrow keys move between covered runs and points. Up and Down switch rows. Escape hides the details.
Tracker: 1 of 1 day observed (100%) · MPW: 42 records since 28 Aug 2026 · Mismatch: 1 day
Moves between two known prices, newest first, from both histories. A price that only appears or disappears is a coverage change, not a move.
No price moves recorded.
MPW records no price move since its first record on 28 Aug 2026. Our tracker records no move since its first read on 8 Oct 2026.
How many days each history observed this model, and where it has gaps.
| Measure | MPWModel Price Watch | TrackedOur tracker |
|---|---|---|
| Data points | 42 | 1 |
| First observed | ||
| Last observed | ||
| Observed days | 42 | 1 |
| Gap days | 0 | 0 |
| Observed runs |
|
|
| Backfill points | None | Not used: every point is a daily read |
| Mismatch days | 1
| |
The provider pricing page that our daily tracker reads for this model.
Same SKU and tier; only the currency surface differs. This page's Guangzhou table row is "Hy4 preview | - | - | 6 | 18 | 0.3" under 推理输入 / 推理输出 / 缓存命中 (元/百万 tokens); the 新加坡 tab row is identical, and MPW's price_note quotes the same ¥6 / ¥18 / ¥0.3. MPW's $0.834 / $2.501 / $0.042 is Tencent's own USD list price on its international rate card (https://www.tencentcloud.com/document/product/1300/78937, Singapore and Guangzhou tabs, same values on 2026-10-08), which is ¥6 / ¥18 / ¥0.3 at about 7.197 CNY/USD. This source converts every row at one usd_rate (1/6.80) because Hy3 and Hy-MT2 need it, so Hy4 reads about $0.883 / $2.648 / $0.044, about 5.8% above MPW. No single rate passes all four models within 3%: Hy4 needs at least 6.988 CNY/USD, while Hy3 and Hy-MT2-Pro need at most 6.966.
Surface: the official HTML page (server-rendered; the price tables are in the static HTML). The language-model table under "按 Token 计费（后付费）" has region tabs 广州 (Guangzhou, domestic list) then 新加坡 (Singapore). Recipes read only the first (Guangzhou) table. The section requires 广州 to be the first tab label after "按 Token 计费（后付费）", allows up to four more tab labels before the first "模型名称" header (so a new region tab, such as the Silicon Valley tab on the international page, does not break it), and ends at the next "模型名称" header line, which starts the second tab's table. Prices are CNY per 1M tokens (元/百万 tokens), so no scale. usd_rate 0.1471 = 1/6.80 CNY per USD, close to the rates MPW used for Hy3 (6.8031) and Hy-MT2 (6.78); the ECB reference rate in late Aug 2026 was about 6.72, within 1.2%. Hy4 preview is an accepted mismatch: MPW's figure is Tencent's USD list price on the international rate card (https://www.tencentcloud.com/document/product/1300/78937), which is the same ¥6 / ¥18 / ¥0.3 at about 7.197 CNY/USD, and one usd_rate cannot serve both. That international card is a different rate card, not a twin of this page, so it is not the fetch_url: it lists Hy3 at $0.132 / $0.528 / $0.033, while MPW's Hy3 is this CNY card at about 6.80, so switching would only move the mismatch to Hy3. Tier names map to model sizes per Tencent's 混元调用指南 (https://cloud.tencent.com/document/product/1823/132252): hy-mt2-pro = 30B-A3B, hy-mt2-plus = 7B, hy-mt2-lite = 1.8B.
The third-party price history (CC BY 4.0) that this page compares with our tracker.
Tencent lists this model in RMB on its TokenHub rate card — ¥6 in / ¥18 out / ¥0.3 cache-hit per 1M tokens. The card's two region tabs are different rate cards in general (新加坡 reprices GLM-5.3 from ¥8/¥28/¥2 to ¥10.07524/¥31.66504/¥1.871116), but the Hy4 preview row is identical on both, so this model has no separate international list. The USD above is that list at 7.197 CNY/USD, the rate implied to three figures by all three prices the FP8 endpoint Tencent itself operates quotes in USD ($0.834 / $2.501 / $0.042, the only endpoint serving this model). That is Tencent's own commercial rate, not a market rate: ECB spot on 2026-08-27 was 6.7203 CNY/USD, which would instead give $0.893 / $2.679 / $0.045. We publish what Tencent charges in USD, not a spot re-conversion of its domestic card.