ZMIME
Comparison · 3 models · Updated Oct 4, 2026

MiniMax-M2.7 vs MiniMax-M2.5-highspeed vs GPT-5.4 nano

GPT-5.4 nano comes out ahead, 63 to 48 and 41 on our weighted score, and it is the cheaper option too.

  1. MiniMax

    MiniMax-M2.7

    Released Mar 18, 2026

    48/100
    • ECI145.9
    • Price$0.30 / $1.20
    • Context205K
  2. MiniMax

    MiniMax-M2.5-highspeed

    Released Feb 13, 2026

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

    OpenAI

    GPT-5.4 nano

    Released Mar 17, 2026

    63/100
    • ECI145.8
    • Price$0.20 / $1.25
    • Context400K
01 — Verdict

GPT-5.4 nano is our pick

GPT-5.4 nano is the better all-round choice, scoring 63/100 against MiniMax-M2.7 (48) and MiniMax-M2.5-highspeed (41). 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 · MiniMax-M2.7 $0.525 · MiniMax-M2.5-highspeed $1.05 per 1M tokens (3:1 blend)
  • Longest contextGPT-5.4 nanoGPT-5.4 nano 400,000 · MiniMax-M2.7 204,800 · MiniMax-M2.5-highspeed 204,800 tokens
  • Widest inputsGPT-5.4 nanoMiniMax-M2.7: Text · MiniMax-M2.5-highspeed: Text · GPT-5.4 nano: Text, Images
  • Self-hostingMiniMax-M2.7 and MiniMax-M2.5-highspeedPublishes downloadable weights
How the score is built
MeasureWeightMiniMax-M2.7MiniMax-M2.5-highspeedGPT-5.4 nano
Price50%634966
Inputs & features30%353570
Context window20%323244
Overall100%48/10041/10063/100

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-M2.7 vs MiniMax-M2.5-highspeed vs GPT-5.4 nano specifications side by side
SpecificationMiniMax-M2.7MiniMaxMiniMax-M2.5-highspeedMiniMaxGPT-5.4 nanoOpenAI
Capability
Capabilities Index (ECI)145.9 (best)—145.8
ECI rank#73 of 148 (best)—#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$0.30$0.60$0.20 (best)
Output$1.20 (best)$2.40$1.25
Cached input$0.06$0.06$0.02 (best)
Blended (3:1)$0.525$1.05$0.463 (best)
Long-context rateSame rateSame rateSame rate
Price sourceOfficial MiniMax (minimax.io) APIOfficial MiniMax (minimax.io) APIOfficial OpenAI API
Limits
Context window204,800 tokens204,800 tokens400,000 tokens (best)
Max output131,072 tokens (best)131,072 tokens (best)128,000 tokens
Inputs and features
TextYesYesYes
ImagesNoNoYes
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningYesYesYeslow · medium · high · xhigh
Tool callingYesYesYes
Structured outputNoNoYes
Availability
WeightsOpenOpenProprietary
API model IDMiniMax-M2.7MiniMax-M2.5-highspeedgpt-5.4-nano
API providers29 (best)726
ReleasedMar 18, 2026Feb 13, 2026Mar 17, 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-M2.7$5.40
  • MiniMax-M2.5-highspeed$10.80
  • GPT-5.4 nano$4.50
04 — Questions

Which should you choose?

Which is better: MiniMax-M2.7, MiniMax-M2.5-highspeed or GPT-5.4 nano?

GPT-5.4 nano is the better all-round choice, scoring 63/100 against MiniMax-M2.7 (48) and MiniMax-M2.5-highspeed (41). 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-M2.7, MiniMax-M2.5-highspeed or GPT-5.4 nano?

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); 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 $0.525 for MiniMax-M2.7 (1.1× 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-M2.7 has an ECI of 145.9, MiniMax-M2.5-highspeed has not been scored yet and GPT-5.4 nano has an ECI of 145.8.

Which is better for coding?

There are no published SWE-bench Verified results for MiniMax-M2.7, MiniMax-M2.5-highspeed and GPT-5.4 nano yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. All three support tool calling for agent workflows.

Which has the bigger context window?

GPT-5.4 nano has the largest context window at 400,000 tokens, against 204,800 for MiniMax-M2.7 and 204,800 for MiniMax-M2.5-highspeed. Maximum output per response: MiniMax-M2.7 up to 131,072, MiniMax-M2.5-highspeed up to 131,072, GPT-5.4 nano up to 128,000 tokens.

Which can read images, PDFs, audio or video?

MiniMax-M2.7 accepts text; MiniMax-M2.5-highspeed accepts text; GPT-5.4 nano accepts text and images. GPT-5.4 nano handles the widest range of inputs.

Are any of these open source?

MiniMax-M2.7 and MiniMax-M2.5-highspeed publishes its weights and can be self-hosted; 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; MiniMax-M2.5-highspeed came out Feb 13, 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.