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Claude Fable 5 vs DeepSeek V4 ProSide-by-side pricing

Side-by-side API pricing and tokenizer details for Claude Fable 5 (Anthropic) and DeepSeek V4 Pro (DeepSeek).

Side-by-side pricing

FeatureClaude Fable 5DeepSeek V4 Pro
ProviderAnthropicDeepSeek
Input (per 1M tokens)$10.00$0.435
Output (per 1M tokens)$50.00$0.870
Context cachingYes — 90% off cached tokensYes — 99% off cached tokens
Batch API discount50% offNot available
Context window1M tokens1M tokens
TokenizerAnthropic tokenizer (Opus 4.7+)SentencePiece (Llama)

Real-world cost example

1,000 API requests per month, each with 500 input tokens and 200 output tokens (500K input + 200K output total).

Claude Fable 5
$15.0000
Input: $5.0000 +Output: $10.0000
DeepSeek V4 Pro
$0.3915
Input: $0.2175 +Output: $0.1740

DeepSeek V4 Pro is 97% cheaper for this workload — saving $14.6085 per month at this volume.

Frequently asked questions

No, DeepSeek V4 Pro is cheaper for the typical workload above. At $0.435/1M input and $0.870/1M output tokens, it costs $0.3915 versus $15.0000 for Claude Fable 5 — a 97% difference.
Claude Fable 5 supports a 1M token context window. DeepSeek V4 Pro supports a 1M token context window. A larger context window lets you include more text — documents, conversation history, or code — in a single API call.
Claude Fable 5 supports context caching (90% off repeated tokens). It offers a 50% Batch API discount. DeepSeek V4 Pro supports context caching (99% off repeated tokens). It does not offer a batch API discount.
No, they use different tokenizers. Claude Fable 5 uses the Anthropic tokenizer (Opus 4.7+), while DeepSeek V4 Pro uses SentencePiece (Llama). Different tokenizers split text differently, so the same prompt will produce different token counts on each model — the effective cost difference may be larger or smaller than the per-token price difference alone suggests.
Claude Fable 5 (Anthropic): $10 input / $50 output per 1M tokens. DeepSeek V4 Pro (DeepSeek): $0.435 input / $0.87 output per 1M tokens. Rates shown before caching or batch discounts.
For an 80% output / 20% input workload — typical for code generation or long-form writing — Claude Fable 5 costs $42.0000 per 1M total tokens and DeepSeek V4 Pro costs $0.7830. DeepSeek V4 Pro is 98% cheaper for this pattern. For your exact ratio, paste a real prompt into the calculator above.
Claude Fable 5 has a 1M-token context window — approximately 750K words or ~3K pages of standard text. DeepSeek V4 Pro has a 1M-token context window — approximately 750K words or ~3K pages. (Estimates assume ~0.75 words per token.)

Calculate costs for your actual prompt

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Data provenance: Prices sourced directly from provider pricing pages.

Claude Fable 5 prices last verified from Anthropic pricing page.

DeepSeek V4 Pro prices last verified from DeepSeek pricing page.

Prices may change. Always verify against the provider's current pricing page before making purchasing decisions.