Comparisons

Kimi K2.5 vs Qwen 3.5

On provider list prices, Kimi K2.5 costs $0.50 per million input tokens against $0.60 for Qwen 3.5: 1.2x apart. Output is $2.80 against $3.60 (1.3x).

Kimi K2.5 Qwen 3.5
LabTogethercomputerQwen
AccessOpen weightsOpen weights
Context window256K tokens256K tokens
List price, input$0.5 / M tokens$0.6 / M tokens
List price, output$2.8 / M tokens$3.6 / M tokens
Cached inputn/a$0.35 / M tokens
LicenseNot listedApache 2.0
Fine-tunableYesYes

Specifications and provider list prices from the Allocate catalog, checked 2026-07-21.

What the numbers say

Take 1,000,000 requests a month at 1,200 input and 350 output tokens each. That workload costs $1,580 a month on Kimi K2.5 and $1,980 on Qwen 3.5 at list: a gap of $400, or 1.3x.

Kimi K2.5$0.50$2.80
Qwen 3.5$0.60$3.60
InputOutput

Choose Kimi K2.5 for

  • Whole-document reasoning
  • Long-context retrieval
  • Open-weight fine-tuning
Kimi K2.5 details

Choose Qwen 3.5 for

  • Multilingual support agents
  • Translation-adjacent workflows
  • Fine-tuning under Apache 2.0
Qwen 3.5 details

Common questions

Which is cheaper, Kimi K2.5 or Qwen 3.5?

Kimi K2.5, on this workload shape. At list prices it is $0.50/$2.80 per million tokens in and out against $0.60/$3.60 for Qwen 3.5. Billed on Allocate: $0.54/$3.00 against $0.64/$3.85.

Which has the bigger context window?

They match: both read 262,144 tokens (256K) per request.

Can I fine-tune Kimi K2.5 or Qwen 3.5?

Both publish open weights (Kimi K2.5: Not listed; Qwen 3.5: Apache 2.0), so both can be fine-tuned. On Allocate the trained weights stay inside your boundary and belong to you.

Related comparisons

Run the numbers on your workload

Or don’t choose. On Allocate a route name is the contract: point yours at one model today, swap to the other tomorrow, and compare them on your live traffic with per-token metering.