Friday, August 21, 2026 · No. 390Prices synced 3 hours ago
All·AI·Model

The AI Model Price Index

GPT-5 Chat Latest

by Merge Gateway · family gpt-codex · listed Aug 2025V

Chat-tuned GPT model for conversational assistance, writing, and tool workflows

Current rates USD per 1M tokens

Input$1.25
Output$10.00
Cache read$0.125
Cache write—

Against the market

Input price vs. maker flagships ($/1M tokens)
DeepSeek V4 ProDeepSeek V4 Pro: $0.435 per 1M tokens$0.435Gemini 3.7 FlashGemini 3.7 Flash: $0.75 per 1M tokens$0.75GPT-5 Chat LatestGPT-5 Chat Latest: $1.25 per 1M tokens$1.25Mistral Medium 3.5Mistral Medium 3.5: $1.50 per 1M tokens$1.50Grok 4.6Grok 4.6: $2.00 per 1M tokens$2.00Qwen3.8 MaxQwen3.8 Max: $2.00 per 1M tokens$2.00Claude Opus 5Claude Opus 5: $5.00 per 1M tokens$5.00GPT-5.6 SolGPT-5.6 Sol: $5.00 per 1M tokens$5.00
Output price vs. maker flagships ($/1M tokens)
DeepSeek V4 ProDeepSeek V4 Pro: $0.87 per 1M tokens$0.87Gemini 3.7 FlashGemini 3.7 Flash: $3.75 per 1M tokens$3.75Grok 4.6Grok 4.6: $6.00 per 1M tokens$6.00Qwen3.8 MaxQwen3.8 Max: $6.00 per 1M tokens$6.00Mistral Medium 3.5Mistral Medium 3.5: $7.50 per 1M tokens$7.50GPT-5 Chat LatestGPT-5 Chat Latest: $10.00 per 1M tokens$10.00Claude Opus 5Claude Opus 5: $25.00 per 1M tokens$25.00GPT-5.6 SolGPT-5.6 Sol: $30.00 per 1M tokens$30.00

On the record

Model id
openai/gpt-5-chat-latest
Context window
128K tokens
Max output
16K tokens
Input modalities
text, image, pdf
Output modalities
text
Reasoning
no
Tool calls
no
Open weights
no
Knowledge cutoff
Sep 2024
Released
2025-08-07
Last updated
2025-08-07
Provider docs
docs.merge.dev/merge-gateway

Back of the envelope

≈

Also listed at

← All Merge Gateway listings