Compare · Helicone

MCPSpend vs. Helicone

Both tools answer the question "what is my AI costing me?" — at different layers. Helicone is a fantastic LLM-layer observability platform — it sees every OpenAI / Anthropic / Replicate API call by wrapping the SDK. MCPSpend is the layer below — it sees every MCP tool call made by an agent during those LLM calls, including agents running inside closed IDEs (Cursor, Claude Desktop) where you cannot replace the SDK.

DimensionMCPSpendHelicone
Primary unit trackedMCP tool call (server + tool + cost + latency)LLM chat completion (provider + model + tokens)
Install pathOne CLI command — auto-detects Claude Desktop, Cursor, Windsurf, VS Code, Claude CodeReplace OpenAI / Anthropic SDK with Helicone-wrapped SDK (or change BASE_URL)
Tool call visibilityEvery tool call: server name, tool name, latency, success/error, payload sizeOnly as part of the model trace; no native tool concept
Per-MCP-server cost breakdownYes, built-inBuild manually with custom properties
Per-project / per-customer attributionBuilt-in (projects + per-org)Yes, via custom properties
Dollar budget + alerts$ budget at 50/80/100% via email + SlackCost tracking yes; configurable $ thresholds depend on plan
Self-hosted coreProxy + MCP server MIT on npmSelf-host edition available
Free tier25,000 tool calls / month forever10,000 requests / month free
Paid entry point$29 / month (Pro)From ~$20 / month
Sees agent activity in closed IDEs (Cursor, Claude Desktop)Yes — config-only wrap, no code change neededNo — requires the IDE to call your wrapped SDK; closed IDEs are out of reach

Choose MCPSpend if…

  • ✓ Your agents live in Cursor, Claude Desktop, Windsurf, or VS Code
  • ✓ You care about which MCP server / which tool is driving the spend
  • ✓ You want install-without-code-change
  • ✓ You need per-project attribution and budget alerts

Choose Helicone if…

  • ✓ You build your own LLM application with the OpenAI / Anthropic SDK
  • ✓ You don't use MCP servers — your agent calls the model directly
  • ✓ You can change the SDK or BASE_URL in your code
  • ✓ Token-level prompt and response logging is critical

They're complementary.

A lot of teams run both — Helicone on the LLM side, MCPSpend on the MCP side. Together they give you full top-to-bottom cost visibility.