Premium models are not the default lane. They are escalation tools for work where a better answer is worth more than the API bill.

The current ladder: use Sonnet 5 for daily production, Opus 4.8 for most premium Claude work, and GPT-5.5 when OpenAI economics or tooling fit better. Keep GPT-5.6 on the restricted-preview watchlist. Fable 5 is globally restored but remains an expensive guarded escalation; Mythos 5 remains trusted-access only.

For the dated return analysis, read /posts/fable-5-returns-claude-sonnet-5/. For the deeper Fable-specific buying guide, read /posts/claude-fable-5-mythos-5-cost-guardrails/.

Quick Comparison

Prices are per 1 million tokens.

ModelInputOutputBatch input/outputContextBest use
Claude Fable 5$10$50$5 / $251MRestored premium escalation; not a default lane
GPT-5.6 Sol$5$30not publishedpreview laneRestricted preview; keep GPT-5.5 active
GPT-5.6 Terra$2.50$15not publishedpreview laneRestricted preview; not a live value route
GPT-5.6 Luna$1$6not publishedpreview laneRestricted preview; not a live value route
Claude Opus 4.8$5$25$2.50 / $12.501MPractical premium Claude baseline
Claude Sonnet 5$2 intro; $3 standard$10 intro; $15 standardverify current pricing docs1MFirst Claude cost/performance test; intro ends Aug 31
GPT-5.5 standard, short context$5$30$2.50 / $15short-context laneOpenAI-native premium work
GPT-5.5 standard, long context$10$45$5 / $22.50long-context laneLong context when OpenAI fit matters
GPT-5.5 Pro, short context$30$180$15 / $90short-context Pro laneHighest-cost OpenAI Pro-tier work

Model Notes

Claude Fable 5

Anthropic suspended Fable on June 12 and says the export controls were lifted June 30. Fable returned globally on native Claude surfaces July 1, while cloud re-enablement remains in progress. It costs 2x Opus 4.8, 5x Sonnet 5 at the introductory rate, and about 3.3x Sonnet 5 at the standard rate. Treat it as a high-cost guarded escalation, not a default lane.

If your account has access, re-test it only for long-horizon autonomous coding, vision-heavy reconstruction, scientific or analytical work, and expensive decisions where Opus is visibly not enough. Avoid it when zero-data-retention terms are required, when cyber/bio/chem fallback would break the workflow, or when you need predictable low-cost scale.

Claude Opus 4.8

Opus remains the practical premium Claude baseline. It costs half as much as Fable, has the same 1M-class context pricing shape in current Claude docs, and is the model to try before escalating to Fable.

Use Opus for architecture, hard debugging, code review, multi-file reasoning, and second-pass arbitration. See the current baseline guide: /models/claude-opus-4-8/.

The value comparison against GLM-5.2 is intentionally conservative: GLM-5.2 API is about 72% lower on input and 82.4% lower on output than Opus 4.8 API list pricing. That makes GLM-5.2 a value lane to test, not a proven Opus replacement.

Claude Sonnet 5

Sonnet 5 is the default Claude production test. Its $2/$10 introductory API rate runs through August 31, 2026, then becomes $3/$15. The new tokenizer can produce about 30% more tokens for equivalent text, so compare complete request and agent-loop cost rather than list price alone.

Move up only when Sonnet fails in a way that matters.

GPT-5.5

GPT-5.5 standard short-context pricing is cheaper than Fable on input and output. Long-context standard pricing matches Fable input and is lower on output. GPT-5.5 Pro is much more expensive than Fable.

Compare GPT-5.5 when cached-input economics, Codex/OpenAI tooling, OpenAI-native APIs, or long-context behavior matter more than Claude’s model behavior.

GPT-5.6 watchlist

OpenAI lists Sol, Terra, and Luna at $5/$30, $2.50/$15, and $1/$6 per million input/output tokens, but all three are in a select trusted-partner preview through the API and Codex. Listed pricing is not general availability. Keep GPT-5.5 as the active OpenAI baseline until your account can call GPT-5.6 and its retention, safeguard, and fallback terms pass review. The Sol limited-preview investigation covers the system card’s destructive-action, credential, and fabricated-completion warnings; the frontier access-gates analysis covers the broader policy distinction.

Use the consolidated GPT-5.6 model guide for family pricing, cache behavior, status, and benchmark provenance.

Comparable Evidence

benchmark artifact

Premium and Restricted Model Evidence

ModelProviderStatusContextInput priceOutput priceCoding signalTool-use signalBenchmark evidenceSpeedVerdictSourcesChecked
GPT-5.5OpenAIactive
Generally available OpenAI baseline while GPT-5.6 remains in limited preview.
1.05M API; 400K Codex$5.00 / 1M$30.00 / 1Mnot verifiednot verifiednot verifiednot verifiedPrimary coding seat while ChatGPT/Codex limits fit the workload.OpenAI GPT-5.5 API model page, OpenAI GPT-5.5 ChatGPT limits, Artificial Analysis: GPT-5.5, LMArena leaderboard dataset2026-06-28
GPT-5.6 SolOpenAIpreview
Selected API organizations and Codex workspaces only; no public enrollment and no ChatGPT access during preview.
not published$5.00 / 1M$30.00 / 1MOpenAI reports a new state of the art on Terminal-Bench 2.1; expanded and independent results are pending.API and Codex preview; max reasoning and ultra multi-agent modes are vendor-documented.
  • Terminal-Bench 2.1: vendor reports new state of the art (vendor)
  • AIHackers repo eval: not verified (site-owned)
OpenAI announced a selected-customer Cerebras preview for July; production latency is not verified.Restricted-preview evaluation only; keep GPT-5.5 as the active OpenAI baseline.OpenAI GPT-5.6 launch [archive], OpenAI GPT-5.6 preview access [archive], OpenAI GPT-5.6 Preview system card [archive]2026-06-28
Claude Sonnet 5Anthropicactive
Generally available across Claude plans, Claude Code, the Claude API, GitHub Copilot, and supported AWS paths.
1M$2.00 / 1M$10.00 / 1MAnthropic reports substantial coding and agentic gains over Sonnet 4.6; independent normalized results are pending.Available in Claude Code and the Claude API; adaptive thinking is on by default.
  • Cross-model benchmark evidence: vendor-reported; updated chart and system card preferred (vendor)
  • Independent normalized evaluation: not verified (independent)
  • AIHackers repo eval: not verified (site-owned)
No site-owned normalized latency result is verified.First Claude cost/performance test before Opus API pricing; retain Opus for highest-accuracy arbitration.Anthropic Claude Sonnet 5 launch [archive], Claude Sonnet 5 migration guide [archive], GitHub Copilot Claude Sonnet 5 launch [archive], Claude Sonnet 5 on AWS [archive]2026-07-01
Claude Opus 4.8Anthropicactive
Current generally available Opus-tier premium baseline.
1M$5.00 / 1M$25.00 / 1MPractical premium Claude baseline; AIHackers recommends task-level comparison rather than blanket default routing.Claude API and Claude-native workflow baseline; third-party routing must follow Anthropic terms.
  • Artificial Analysis Intelligence Index v4.1: 56 (independent)
  • Artificial Analysis output speed: 57.3 tokens/s (independent)
Artificial Analysis measured 57.3 output tokens/s; provider and workload latency vary.Premium review, architecture, hard-debugging, and final-arbitration lane.Claude models overview [archive], Claude API pricing [archive], Artificial Analysis: Claude Opus 4.8 [archive], Artificial Analysis Intelligence Index v4.1, LMArena leaderboard dataset, Berkeley Function Calling Leaderboard2026-07-18
Claude Fable 5Anthropicactive
Restored globally on native Claude surfaces July 1; included usage is plan-specific and cloud re-enablement is rolling out.
1M$10.00 / 1M$50.00 / 1MAnthropic reports frontier launch results; independent reproducible ranking is pending.Guarded-domain requests can refuse or fall back; verify account behavior before routing.
  • Independent cross-model evaluation: not verified (independent)
  • AIHackers repo eval: not verified (site-owned)
not verifiedHigh-cost guarded escalation only; use Opus 4.8 as the practical Claude premium baseline.Claude models overview [archive], Claude API pricing [archive], Anthropic Fable 5 and Mythos 5 [archive], Anthropic Fable/Mythos access statement [archive], Anthropic Fable 5 redeployment [archive]2026-07-01
Claude Mythos 5Anthropicrestricted
Restored to a set of approved US organizations; broader Glasswing access remains restricted.
1M$10.00 / 1M$50.00 / 1MGeneral coding quality is not independently verified for an accessible production route.Invitation-only research access; account and compliance approval required.
  • Independent cross-model evaluation: not verified (independent)
  • AIHackers repo eval: not verified (site-owned)
not verifiedRestricted research context, not a normal production or buying recommendation.Claude models overview [archive], Claude API pricing [archive], Anthropic Fable 5 and Mythos 5 [archive], Anthropic Fable/Mythos access statement [archive], Anthropic Fable 5 redeployment [archive]2026-07-01

Active, restored, preview, and restricted models are intentionally shown together with explicit status. Scores are not normalized across different benchmark families.

Decision Matrix

If you need…Start withEscalate to
Routine production codingSonnet 5Opus 4.8 if architecture or multi-file reasoning fails
Premium Claude code reviewOpus 4.8GPT-5.5 or another live lane; Fable only after access, compliance, and guardrail tests pass
Long-horizon autonomous codingOpus 4.8GPT-5.5, Kimi, MiniMax, or GLM depending on tool fit
Vision-heavy reconstructionOpus 4.8GPT-5.5 or Gemini if the live output is better
OpenAI-native workflowGPT-5.5 standardGPT-5.5 Pro only if the Pro behavior is worth the bill
Cyber, bio, or chemistry workDo a guardrail test firstTrusted access or another approved model
Zero-data-retention workloadAvoid Fable/Mythos-class routesUse a model/contract that meets the requirement

Cost Sanity Check

For a 100K-input / 20K-output request:

ModelApprox cost
Claude Sonnet 5$0.40 introductory / $0.60 standard
Claude Opus 4.8$1.00
GPT-5.5 standard short context$1.10
GPT-5.5 standard long context$1.90
Claude Fable 5$2.00
GPT-5.5 Pro short context$6.60

If a task is routine, those deltas compound quickly. If a task is high-stakes and a better answer prevents a costly mistake, the premium can be rational.

What To Verify Before Committing Spend

  • Does Sonnet already solve the task well enough?
  • Does Opus improve the answer materially?
  • Is Fable available through your target account, plan, cloud, and region?
  • Do its retention, usage-credit, and guardrail terms fit the workload?
  • Does 30-day retention fit your data policy?
  • Does GPT-5.5 cached input or long-context pricing beat Claude for this workload?
  • Can you measure cost per successful task, not just benchmark score?

Sources


Last verified: July 2, 2026. Fable 5 is restored on native Claude surfaces; Mythos 5 and GPT-5.6 remain restricted-access context. Pricing, included usage, cloud availability, retention, and model terms can change independently.