GPT-5.4 Nano

OpenAI released 2026-03-17 proprietary

$0.463 per million tokens, balanced

GPT-5.6 Luna is both better and cheaper.

It scores +12.6 higher and costs 3% less ($0.450/M against $0.463/M) on this workload — and it does everything this model does.

DeepSeek V4 Flash 0731 is cheaper still (77% less) but drops no file, image input.

The same model via batch is 50% cheaper ($0.231/M) — same weights, different latency.

Every price dimension

Input$0.200/M
Output$1.25/M
Cached input$0.020/M
Web search$0.01/call
Batch discount50%

Independent scores

Intelligence39.7
Coding56.1
Agentic29.7
LMArena Elo1372.8high

Sources are listed separately rather than averaged. Across the 62 models both have scored they correlate at r = 0.806 — close agreement overall, but four models rank very differently between them, and a blended score would hide exactly those.

Capability

Context window400K
Max output128K
Input modesfile, image, text
Tool useyes
Reasoningoptional
Knowledge cutoff2025-08-31
Open weightsno

Provenance

Price sourceopenrouter.ai
Fetched2026-08-24
Quality dataverified
Cross-checkedvendor page

GPT-5.4 nano is the most lightweight and cost-efficient variant of the GPT-5.4 family, optimized for speed-critical and high-volume tasks. It supports text and image inputs and is designed for low-latency...

Markdown for LLMs