GPT-5.4 Nano vs MiniMax: MiniMax M2, API pricing and model comparison

Compare GPT-5.4 Nano vs MiniMax: MiniMax M2 side by side by input/output token price, context window, benchmark signals, capabilities, and example monthly API cost.

Quick comparison summary

This page compares GPT-5.4 Nano vs MiniMax: MiniMax M2 in one matrix. Current records: GPT-5.4 Nano on OpenRouter: $0.2/$1.25 per 1M tokens, 400K context window; MiniMax: MiniMax M2 on OpenRouter: $0.255/$1 per 1M tokens, 205K context window. Prices are estimates—verify official provider pages before production use.

GPT-5.4 Nano

openai/gpt-5.4-nano

OpenRouter

Input: $0.2000 / 1M
Output: $1.25 / 1M
Context: 400k
Model page: Details

MiniMax M2

minimax/minimax-m2

OpenRouter

Input: $0.2550 / 1M
Output: $1.00 / 1M
Context: 204.8k
Model page: Details

Comparison matrixLLM Table

Models to compare2/4

Model 1

400K

Select model344 models

Model 2

204.8K

Select model344 models

OpenAI: GPT-5.4 Nano

OpenRouter

Input

$0.2000 / 1M

Output

$1.25 / 1M

Context

400KLargest context

Monthly cost

$57.50

Benchmark

1,200LMArena Vision Arena

VisionToolsJSONReasoningLong context

MiniMax: MiniMax M2

OpenRouter

Cheapest (this scenario)

Input

$0.2550 / 1M

Output

$1.00 / 1M

Context

204.8K

Monthly cost

$55.50

Benchmark

1,305Top benchmarkLMArena WebDev Arena

ToolsJSONReasoningLong context

OpenAI: GPT-5.4 Nano

OpenRouter

MiniMax: MiniMax M2

OpenRouter

Input

$0.2000 / 1MCheapest (this scenario)

$0.2550 / 1M

Output

$1.25 / 1M

$1.00 / 1MCheapest (this scenario)

Context

400KLargest context

204.8K

Benchmark

1,200

LMArena Vision Arena

1,305Top benchmark

LMArena WebDev Arena

Monthly cost

$57.50

$55.50Cheapest (this scenario)

Capabilities

VisionToolsJSONReasoningLong context

ToolsJSONReasoningLong context

FAQ

Model comparison notes

How do GPT-5.4 Nano vs MiniMax: MiniMax M2 API prices compare?

Compare input and output prices per 1M tokens side by side. The same underlying model can list different prices by route (Direct API vs OpenRouter); this table uses the selected route records.

Which model looks cheaper?

Scenario cost depends on your input/output mix. The example monthly cost in the table uses default token volumes—adjust with the cost calculator for your traffic.

Are benchmark scores included?

Independent or provider-reported benchmark signals appear when available. Benchmarks do not replace price analysis—evaluate both for your quality requirements.

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