Tuesday, July 7, 2026 · No. 345Prices synced within the hour
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The AI Model Price Index

Mercury 2

by Vercel AI Gateway · family mercury · listed Feb 2026RT

Reasoning model for deliberate analysis, multi-step problem solving, and tool use

Current rates USD per 1M tokens

Input$0.25
Output$0.75
Cache read$0.025
Cache write—

Against the market

Input price vs. maker flagships ($/1M tokens)
DeepSeek V4 FlashDeepSeek V4 Flash: $0.14 per 1M tokens$0.14Mercury 2Mercury 2: $0.25 per 1M tokens$0.25Qwen3.7 PlusQwen3.7 Plus: $0.50 per 1M tokens$0.50Grok 4.3Grok 4.3: $1.25 per 1M tokens$1.25Gemini 3.5 FlashGemini 3.5 Flash: $1.50 per 1M tokens$1.50Mistral Medium (latest)Mistral Medium (latest): $1.50 per 1M tokens$1.50Claude Sonnet 5Claude Sonnet 5: $2.00 per 1M tokens$2.00GPT-5.5 ProGPT-5.5 Pro: $30.00 per 1M tokens$30.00
Output price vs. maker flagships ($/1M tokens)
DeepSeek V4 FlashDeepSeek V4 Flash: $0.28 per 1M tokens$0.28Mercury 2Mercury 2: $0.75 per 1M tokens$0.75Grok 4.3Grok 4.3: $2.50 per 1M tokens$2.50Qwen3.7 PlusQwen3.7 Plus: $3.00 per 1M tokens$3.00Mistral Medium (latest)Mistral Medium (latest): $7.50 per 1M tokens$7.50Gemini 3.5 FlashGemini 3.5 Flash: $9.00 per 1M tokens$9.00Claude Sonnet 5Claude Sonnet 5: $10.00 per 1M tokens$10.00GPT-5.5 ProGPT-5.5 Pro: $180 per 1M tokens$180

On the record

Model id
inception/mercury-2
Context window
128K tokens
Max output
128K tokens
Input modalities
text
Output modalities
text
Reasoning
yes
Tool calls
yes
Open weights
no
Knowledge cutoff
—
Released
2026-02-24
Last updated
2026-03-06
Provider docs
github.com/vercel/ai/tree/5eb85cc45a259553501f535b8ac79a77d0e79223/packages/gateway

Back of the envelope

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