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Comparison · 3 models · Updated Oct 4, 2026

MiniMax-M2.5-highspeed vs GPT-5.4 nano vs DeepSeek OCR 2

GPT-5.4 nano comes out ahead, 63 to 41 and 32 on our weighted score, and it is the cheaper option too.

  1. MiniMax

    MiniMax-M2.5-highspeed

    Released Feb 13, 2026

    41/100
    • ECI—
    • Price$0.60 / $2.40
    • Context205K
  2. Our pick

    OpenAI

    GPT-5.4 nano

    Released Mar 17, 2026

    63/100
    • ECI145.8
    • Price$0.20 / $1.25
    • Context400K
  3. DeepSeek

    DeepSeek OCR 2

    Released Jan 27, 2026

    32/100
    • ECI—
    • Price$0.89 / $1.47
    • Context8K
01 — Verdict

GPT-5.4 nano is our pick

GPT-5.4 nano is the better all-round choice, scoring 63/100 against MiniMax-M2.5-highspeed (41) and DeepSeek OCR 2 (32). It leads on price, inputs & features and context window. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest priceGPT-5.4 nanoGPT-5.4 nano $0.463 · DeepSeek OCR 2 $1.03 · MiniMax-M2.5-highspeed $1.05 per 1M tokens (3:1 blend)
  • Longest contextGPT-5.4 nanoGPT-5.4 nano 400,000 · MiniMax-M2.5-highspeed 204,800 · DeepSeek OCR 2 8,192 tokens
  • Widest inputsGPT-5.4 nano and DeepSeek OCR 2MiniMax-M2.5-highspeed: Text · GPT-5.4 nano: Text, Images · DeepSeek OCR 2: Text, Images
  • Self-hostingMiniMax-M2.5-highspeed and DeepSeek OCR 2Publishes downloadable weights
How the score is built
MeasureWeightMiniMax-M2.5-highspeedGPT-5.4 nanoDeepSeek OCR 2
Price50%496649
Inputs & features30%357025
Context window20%32440
Overall100%41/10063/10032/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

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

MiniMax-M2.5-highspeed vs GPT-5.4 nano vs DeepSeek OCR 2 specifications side by side
SpecificationMiniMax-M2.5-highspeedMiniMaxGPT-5.4 nanoOpenAIDeepSeek OCR 2DeepSeek
Capability
Capabilities Index (ECI)—145.8—
ECI rank—#75 of 148—
GPQA DiamondGraduate-level science questions—78.5%—
FrontierMath Tiers 1–3Research-level mathematics—44.9%—
OTIS Mock AIME 2024–2025Competition mathematics—87.8%—
SimpleQA VerifiedShort factual questions—11.7%—
Price per million tokens
Input$0.60$0.20 (best)$0.89
Output$2.40$1.25 (best)$1.47
Cached input$0.06$0.02 (best)—
Blended (3:1)$1.05$0.463 (best)$1.03
Long-context rateSame rateSame rateSame rate
Price sourceOfficial MiniMax (minimax.io) APIOfficial OpenAI APIMedian of 1 providers
Limits
Context window204,800 tokens400,000 tokens (best)8,192 tokens
Max output131,072 tokens (best)128,000 tokens8,192 tokens
Inputs and features
TextYesYesYes
ImagesNoYesYes
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningYesYeslow · medium · high · xhighNo
Tool callingYesYesNo
Structured outputNoYesNo
Availability
WeightsOpenProprietaryOpen
API model IDMiniMax-M2.5-highspeedgpt-5.4-nano—
API providers726 (best)2
ReleasedFeb 13, 2026Mar 17, 2026Jan 27, 2026
Knowledge cutoff—Aug 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.

  • MiniMax-M2.5-highspeed$10.80
  • GPT-5.4 nano$4.50
  • DeepSeek OCR 2$11.83
04 — Questions

Which should you choose?

Which is better: MiniMax-M2.5-highspeed, GPT-5.4 nano or DeepSeek OCR 2?

GPT-5.4 nano is the better all-round choice, scoring 63/100 against MiniMax-M2.5-highspeed (41) and DeepSeek OCR 2 (32). It leads on price, inputs & features and context window. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, MiniMax-M2.5-highspeed, GPT-5.4 nano or DeepSeek OCR 2?

GPT-5.4 nano is cheaper at $0.20 input / $1.25 output per million tokens (official OpenAI API price). DeepSeek OCR 2 costs $0.89 input / $1.47 output per million tokens (median across 1 API provider); MiniMax-M2.5-highspeed costs $0.60 input / $2.40 output per million tokens (official MiniMax (minimax.io) 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 $1.03 for DeepSeek OCR 2 (2.2× as much) and $1.05 for MiniMax-M2.5-highspeed (2.3× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. MiniMax-M2.5-highspeed has not been scored yet, GPT-5.4 nano has an ECI of 145.8 and DeepSeek OCR 2 has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for MiniMax-M2.5-highspeed, GPT-5.4 nano and DeepSeek OCR 2 yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Note that DeepSeek OCR 2 does not support tool calling, which most coding agents need.

Which has the bigger context window?

GPT-5.4 nano has the largest context window at 400,000 tokens, against 204,800 for MiniMax-M2.5-highspeed and 8,192 for DeepSeek OCR 2. Maximum output per response: MiniMax-M2.5-highspeed up to 131,072, GPT-5.4 nano up to 128,000, DeepSeek OCR 2 up to 8,192 tokens.

Which can read images, PDFs, audio or video?

MiniMax-M2.5-highspeed accepts text; GPT-5.4 nano accepts text and images; DeepSeek OCR 2 accepts text and images. GPT-5.4 nano handles the widest range of inputs.

Are any of these open source?

MiniMax-M2.5-highspeed and DeepSeek OCR 2 publishes its weights and can be self-hosted; GPT-5.4 nano is proprietary.

Which is newer?

GPT-5.4 nano is the newest, released Mar 17, 2026. MiniMax-M2.5-highspeed came out Feb 13, 2026; DeepSeek OCR 2 came out Jan 27, 2026. Knowledge cutoff: 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.