Price Per TokenPrice Per Token
Minimax
Minimax
vs
OpenAI
OpenAI

MiniMax M2.5 vs GPT-5.4 Nano

A detailed comparison of pricing, benchmarks, and capabilities

115 out of our 496 tracked models have had a price change in March.

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Key Takeaways

MiniMax M2.5 wins:

  • Cheaper output tokens
  • Larger context window
  • Higher intelligence benchmark
  • Better at coding
  • Has reasoning mode
  • Supports tool calls

GPT-5.4 Nano wins:

  • Faster response time
Price Advantage
MiniMax M2.5
Benchmark Advantage
MiniMax M2.5
Context Window
MiniMax M2.5
Speed
GPT-5.4 Nano

Pricing Comparison

Price Comparison

MetricMiniMax M2.5GPT-5.4 NanoWinner
Input (per 1M tokens)$0.20$0.20Tie
Output (per 1M tokens)$0.95$1.25 MiniMax M2.5
Cache Read (per 1M)$0.03$0.02 GPT-5.4 Nano
Using a 3:1 input/output ratio, MiniMax M2.5 is 16% cheaper overall.

MiniMax M2.5 Providers

No provider data available

GPT-5.4 Nano Providers

No provider data available

Benchmark Comparison

3
Benchmarks Compared
3
MiniMax M2.5 Wins
0
GPT-5.4 Nano Wins

Benchmark Scores

BenchmarkMiniMax M2.5GPT-5.4 NanoWinner
Intelligence Index
Overall intelligence score
41.924.4
Coding Index
Code generation & understanding
37.427.9
GPQA
Graduate-level science
84.855.8
MiniMax M2.5 significantly outperforms in coding benchmarks.

Cost vs Quality

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Context & Performance

Context Window

MiniMax M2.5
196,608
tokens
GPT-5.4 Nano
N/A
tokens

Speed Performance

MetricMiniMax M2.5GPT-5.4 NanoWinner
Tokens/second41.3 tok/s206.2 tok/s
Time to First Token2.58s0.42s
GPT-5.4 Nano responds 399% faster on average.

Capabilities

Feature Comparison

FeatureMiniMax M2.5GPT-5.4 Nano
Vision (Image Input)
Tool/Function Calls
Reasoning Mode
Audio Input
Audio Output
PDF Input
Prompt Caching
Web Search

License & Release

PropertyMiniMax M2.5GPT-5.4 Nano
LicenseOpen SourceProprietary
AuthorMinimaxOpenAI
ReleasedFeb 2026Unknown

MiniMax M2.5 Modalities

Input
text
Output
text

GPT-5.4 Nano Modalities

Input
Output

Related Comparisons

Compare MiniMax M2.5 with:

Compare GPT-5.4 Nano with:

Frequently Asked Questions

MiniMax M2.5 has cheaper input pricing at $0.20/M tokens. MiniMax M2.5 has cheaper output pricing at $0.95/M tokens.
MiniMax M2.5 scores higher on coding benchmarks with a score of 37.4, compared to GPT-5.4 Nano's score of 27.9.
MiniMax M2.5 has a 196,608 token context window, while GPT-5.4 Nano has a unknown token context window.
MiniMax M2.5 does not support vision. GPT-5.4 Nano does not support vision.