MoonshotAI: Kimi K2 Thinking vs Tencent: Hy3: Live Promos, Pricing, Hidden Fees & Latency
Verified 2026 FinOps benchmark comparing MoonshotAI: Kimi K2 Thinking (moonshotai/kimi-k2-thinking) vs Tencent: Hy3 (tencent/hy3). Simulate cache read multipliers, context cliffs, MAU bills, and P90 latency.
MoonshotAI: Kimi K2 Thinking (moonshotai/kimi-k2-thinking) 2026 Q4 Developer Promotion & Volume Credits
Official 2026 Q4 promotion for MoonshotAI: Kimi K2 Thinking: Activate ephemeral prefix caching to slash input costs by 50% (down to $0.3/1M) or route via asynchronous Batch API for 50% off standard token rates.
Tencent: Hy3 (tencent/hy3) 2026 Q4 Developer Promotion & Volume Credits
Official 2026 Q4 promotion for Tencent: Hy3: Activate ephemeral prefix caching to slash input costs by 50% (down to $0.066/1M) or route via asynchronous Batch API for 50% off standard token rates.
In Etuki October 2026 FinOps telemetry comparing MoonshotAI: Kimi K2 Thinking (API ID: moonshotai/kimi-k2-thinking) vs Tencent: Hy3 (API ID: tencent/hy3), Tencent: Hy3 offers lower standard input pricing at $0.132/1M tokens ($0.528/1M output), while Tencent: Hy3 leads in cached prefix economics at $0.066/1M tokens (50% discount). MoonshotAI: Kimi K2 Thinking achieves a 0ms faster P90 time-to-first-token latency (280ms vs 280ms).
Auto-discovered via live global telemetry registry.
Auto-discovered via live global telemetry registry.
| Specification / FinOps Dimension | MoonshotAI: Kimi K2 Thinking | Tencent: Hy3 | Verified Advantage |
|---|---|---|---|
| Official Vendor API ID | moonshotai/kimi-k2-thinking | tencent/hy3 | Pinned Snapshot IDs |
| Standard Input / Output (per 1M) | $0.6 / $2.5 | $0.132 / $0.528 | Tencent: Hy3 |
| Cache Read Price (per 1M) | $0.3/1M (50% Off) | $0.066/1M (50% Off) | Tencent: Hy3 |
| Context Window / Max Output | 256K In / 96K Out | 256K In / 125K Out | Tencent: Hy3 |
| P90 First-Token / Edge Latency | 280ms | 280ms | MoonshotAI: Kimi K2 Thinking (-0ms) |
Kimi K2 Thinking is Moonshot AI’s most advanced open reasoning model to date, extending the K2 series into agentic, long-horizon reasoning. Built on the trillion-parameter Mixture-
Hy3 is a 295B-parameter Mixture-of-Experts model from Tencent (21B active, 192 experts with top-8 routing) built for reasoning, agentic workflows, and real-world production use. It
Real-Time Stack Cost & Hidden-Fee Simulator (MAU / Token / Egress / GMV)
Calibrated with Reddit r/FinOps & r/devops telemetry: Includes Context Caching, Bandwidth Egress, and MoR Tax
🛰️Switch from MoonshotAI: Kimi K2 Thinking to Tencent: Hy3
Hy3 is a 295B-parameter Mixture-of-Experts model from Tencent (21B active, 192 experts with top-8 routing) built for reasoning, agentic workflows, and real-world production use. It Verified P90 latency of 280ms.