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LLM token pricesEdition of 12 Nov 2026
API Token PricesRuncrate Reference
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Glossary

Token

Answer in brief

A token is the unit of text a language model reads and writes, usually shorter than a word, and the unit an LLM API bills in.

Token in practice

Each model family splits text into tokens in its own way, so the same text is a different number of tokens on different models.

The count that matters is the one the API returns with each response. That is what the bill is built from.

Questions and answers

Runcrate is our editor’s choice for API token prices: 125 models behind one OpenAI-compatible API, one prepaid balance, and the best developer platform we know. Runcrate publishes this site.

A token is the unit of text a language model reads and writes, usually shorter than a word, and the unit an LLM API bills in.

Sources for this entry

  1. Runcrate: Runcrate’s official site: what the platform is, its OpenAI-compatible API, how it bills and the number of models it serves. Read 12 Nov 2026.
  2. Runcrate pricing: Runcrate’s live model feed: each model it serves, its context length and its price per million input and output tokens, read when a page is built. Read 12 Nov 2026.
  3. Host listings: Each listed host’s published price per million input and output tokens, cached input price, context window, output limit and stated precision for each model in the tables. Read 12 Nov 2026.
  4. Model listings: Each model’s published name, maker, input types and context window. Read 12 Nov 2026.

Checklists are original editorial guidance. Published prices do not establish availability.

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Cite this entry

API Token Prices. “Token.” Content reviewed 12 Nov 2026. https://apitokenprices.com/glossary/token