ZMIME
Comparison · 3 models · Updated Oct 4, 2026

GPT-4.1 mini vs GPT-5.4 nano vs MiniMax-M2.7

GPT-5.4 nano comes out ahead, 68 to 61 and 60 on our weighted score, and it is the cheaper option too.

  1. OpenAI

    GPT-4.1 mini

    Released Apr 14, 2025

    60/100
    • ECI135.0
    • Price$0.40 / $1.60
    • Context1.05M
  2. Our pick

    OpenAI

    GPT-5.4 nano

    Released Mar 17, 2026

    68/100
    • ECI145.8
    • Price$0.20 / $1.25
    • Context400K
  3. MiniMax

    MiniMax-M2.7

    Released Mar 18, 2026

    61/100
    • ECI145.9
    • Price$0.30 / $1.20
    • Context205K
01 — Verdict

GPT-5.4 nano is our pick

GPT-5.4 nano is the better all-round choice, scoring 68/100 against MiniMax-M2.7 (61) and GPT-4.1 mini (60). It leads on price. GPT-4.1 mini wins on context window. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • CapabilityMiniMax-M2.7Capabilities Index (ECI): MiniMax-M2.7 145.9 · GPT-5.4 nano 145.8 · GPT-4.1 mini 135.0
  • Lowest priceGPT-5.4 nanoGPT-5.4 nano $0.463 · MiniMax-M2.7 $0.525 · GPT-4.1 mini $0.70 per 1M tokens (3:1 blend)
  • Longest contextGPT-4.1 miniGPT-4.1 mini 1,047,576 · GPT-5.4 nano 400,000 · MiniMax-M2.7 204,800 tokens
  • Widest inputsGPT-4.1 miniGPT-4.1 mini: Text, Images, PDFs · GPT-5.4 nano: Text, Images · MiniMax-M2.7: Text
  • Self-hostingMiniMax-M2.7Publishes downloadable weights
How the score is built
MeasureWeightGPT-4.1 miniGPT-5.4 nanoMiniMax-M2.7
CapabilityCapabilities Index (ECI)50%597373
Price25%576663
Inputs & features15%707035
Context window10%614432
Overall100%60/10068/10061/100
02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

GPT-4.1 mini vs GPT-5.4 nano vs MiniMax-M2.7 specifications side by side
SpecificationGPT-4.1 miniOpenAIGPT-5.4 nanoOpenAIMiniMax-M2.7MiniMax
Capability
Capabilities Index (ECI)135.0145.8145.9 (best)
ECI rank#115 of 148#75 of 148#73 of 148 (best)
GPQA DiamondGraduate-level science questions65.9%78.5% (best)—
FrontierMath Tiers 1–3Research-level mathematics6.7%44.9% (best)—
OTIS Mock AIME 2024–2025Competition mathematics44.7%87.8% (best)—
SimpleQA VerifiedShort factual questions12.7% (best)11.7%—
Price per million tokens
Input$0.40$0.20 (best)$0.30
Output$1.60$1.25$1.20 (best)
Cached input$0.10$0.02 (best)$0.06
Blended (3:1)$0.70$0.463 (best)$0.525
Long-context rateSame rateSame rateSame rate
Price sourceOfficial OpenAI APIOfficial OpenAI APIOfficial MiniMax (minimax.io) API
Limits
Context window1,047,576 tokens (best)400,000 tokens204,800 tokens
Max output32,768 tokens128,000 tokens131,072 tokens (best)
Inputs and features
TextYesYesYes
ImagesYesYesNo
PDFsYesNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningNoYeslow · medium · high · xhighYes
Tool callingYesYesYes
Structured outputYesYesNo
Availability
WeightsProprietaryProprietaryOpen
API model IDgpt-4.1-minigpt-5.4-nanoMiniMax-M2.7
API providers242629 (best)
ReleasedApr 14, 2025Mar 17, 2026Mar 18, 2026
Knowledge cutoffApr 2024Aug 31, 2025—
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • GPT-4.1 mini$7.20
  • GPT-5.4 nano$4.50
  • MiniMax-M2.7$5.40
04 — Questions

Which should you choose?

Which is better: GPT-4.1 mini, GPT-5.4 nano or MiniMax-M2.7?

GPT-5.4 nano is the better all-round choice, scoring 68/100 against MiniMax-M2.7 (61) and GPT-4.1 mini (60). It leads on price. GPT-4.1 mini wins on context window. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, GPT-4.1 mini, GPT-5.4 nano or MiniMax-M2.7?

GPT-5.4 nano is cheaper at $0.20 input / $1.25 output per million tokens (official OpenAI API price). MiniMax-M2.7 costs $0.30 input / $1.20 output per million tokens (official MiniMax (minimax.io) API price); GPT-4.1 mini costs $0.40 input / $1.60 output per million tokens (official OpenAI API price). At a typical mix of three input tokens to one output token, that is $0.463 per million tokens for GPT-5.4 nano versus $0.525 for MiniMax-M2.7 (1.1× as much) and $0.70 for GPT-4.1 mini (1.5× as much).

Which scores higher on benchmarks?

MiniMax-M2.7 scores higher on the Capabilities Index (ECI): MiniMax-M2.7 145.9 (#73 of 148), GPT-5.4 nano 145.8 (#75 of 148) and GPT-4.1 mini 135.0 (#115 of 148). The confidence ranges of the top two overlap (138.2–148.0 vs 143.2–147.7), so treat the gap as small.

Which is better for coding?

There are no published SWE-bench Verified results for GPT-4.1 mini, GPT-5.4 nano and MiniMax-M2.7 yet, so there is no like-for-like coding score. On overall capability, MiniMax-M2.7 leads, which tends to carry over to coding, but test on your own codebase. All three support tool calling for agent workflows.

Which has the bigger context window?

GPT-4.1 mini has the largest context window at 1,047,576 tokens, against 400,000 for GPT-5.4 nano and 204,800 for MiniMax-M2.7. Maximum output per response: GPT-4.1 mini up to 32,768, GPT-5.4 nano up to 128,000, MiniMax-M2.7 up to 131,072 tokens.

Which can read images, PDFs, audio or video?

GPT-4.1 mini accepts text, images and PDFs; GPT-5.4 nano accepts text and images; MiniMax-M2.7 accepts text. GPT-4.1 mini handles the widest range of inputs.

Are any of these open source?

MiniMax-M2.7 publishes its weights and can be self-hosted; GPT-4.1 mini and GPT-5.4 nano is proprietary.

Which is newer?

MiniMax-M2.7 is the newest, released Mar 18, 2026. GPT-5.4 nano came out Mar 17, 2026; GPT-4.1 mini came out Apr 14, 2025. Knowledge cutoff: GPT-4.1 mini Apr 2024, GPT-5.4 nano Aug 31, 2025.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Oct 4, 2026.