Claude Fable 5.1 is a flagship model from Anthropic, available here under the exact model id “claude-fable-5-1”. In the Claude line-up here it sits between Claude Fable 5.1 (free lane) and Claude Opus 5.5 (free lane). Anthropic has not published a release date we can cite; it has been available here since 18 Oct 2026.
Anthropic documents tools, vision, reasoning, structured output and prompt caching for it, and it reads images as well as text.
It costs $7 per million input tokens and $35 per million output tokens, so output is 5× the input rate. That is 30% below the market rate of $10 input and $50 output per million tokens, the lowest public price we found at other API gateways. On the use cases below, output makes up 56% of the bill for long agent runs, 68% for front-end code and 71% for analysis, so capping max tokens and asking for diffs saves more than trimming the prompt. With a 3:1 input-to-output mix it is the highest-priced of the 27 models on this site, so use it where it clearly earns that.
Cached input bills at $0.25 per million tokens, 96% below the standard input rate. In the long agent runs example, 50k of the 60k input tokens come from cache, which brings one agent turn from $0.525 down to $0.1875.
It is served through the OpenAI-compatible format at https://api.oneaiapikey.com/v1, so any SDK or tool that lets you set a custom base URL, for example Codex CLI, Cursor and Cline, can use it. It is not offered on the Anthropic Messages endpoint; pick an Anthropic-format model for Claude Code.