Is GPT-5 Mini a good deal?

Whether anything in this catalogue beats GPT-5 Mini on both quality and price, and what you give up if it does. A computation on the current catalogue, not an opinion.

12 undominated of 145 · Oct 6, 2026

As of Oct 6, 2026, GPT-5 Mini is dominated for Balanced on LMArena. GPT-5.6 Luna scores 57.8 higher and costs 35% less, with a covering envelope. 12 of 145 rated, priced standard models are undominated.

Inspect model evidence Compare differences & requirements

Current model

GPT-5 Mini

Balanced

3 tokens in per 1 out

GPT-5.6 Luna is both better and cheaper than GPT-5 Mini: 57.8 points higher on LMArena and 35% less per million tokens, $0.238 cheaper at this mix.

GPT-5 Mini

LMArena Elo · higher is better

Scale starts at 1040 Elo

1373.2

Effective $/M · Balanced · lower is better

$0.688/M

GPT-5.6 Luna

LMArena Elo · higher is better

Scale starts at 1040 Elo

1431.0

Effective $/M · Balanced · lower is better

$0.450/M

GPT-5 Mini takes text, image, file, returns up to 128,000 tokens from a 400,000-token context, and is listed by 4 sellers.

Compared against 145 rated, priced models on this lens: 2 models dominate it and give up nothing, 5 more dominate it but give something up. GPT-5 Mini scores 1373.2 at $0.688 per million tokens for this mix.

Envelope-safe replacements

Each row scores at least as high, costs no more, and covers this model’s context, output, modalities, tools, and reasoning. A cheaper narrower model is not listed here.

ModelLMArenaEffective $/MYou save
GPT-5.6 Luna1431.0 +57.8$0.450/M35%
GPT-6 Luna1391.5 +18.3$0.200/M71%

Higher score, lower price, named losses

Not a drop-in. The loss is why these are not a recommendation.

ModelLMArenaEffective $/MYou give up
MiMo-V2.6-Pro1491.0$0.540/Mfile
GLM 5.3 Flash1469.6$0.238/Mfile
MiMo-V2.5-Pro1465.0$0.544/Mimage, file
DeepSeek V4.1 Flash1462.5$0.182/Mfile
MiMo-V2.6-Flash1456.4$0.175/Mfile
GPT-5.6 Luna1431.0 · $0.450/MGPT-5 Mini1373.2 · $0.688/MLMArena EloEffective $/M · Balanced
145 rated, priced standard models. Chartreuse is the frontier. Cobalt is the model you named, when it is not on the staircase.

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Constraint: replacements must preserve the model’s capabilities; any losses remain named trade-offs.

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Evidence & Ask