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GPT-5.4 Nano vs Kimi K2.5

Complete pricing and performance comparison between OpenAI's GPT-5.4 Nano and Moonshot's Kimi K2.5.

Quick Verdict

Cheaper
GPT-5.4 Nano
3.0x cheaper input, 2.4x cheaper output
Larger Context
GPT-5.4 Nano
400K vs 128K

Pricing Comparison

SpecGPT-5.4 NanoKimi K2.5Difference
ProviderOpenAIMoonshot
Input / 1M tokens$0.2$0.6GPT-5.4 Nano is 67% more expensive
Output / 1M tokens$1.25$3GPT-5.4 Nano is 58% more expensive
Context Window400K128K3x difference
Max Output128K33K
Tokenizero200k_basecl100k_base

Performance Benchmarks

MetricGPT-5.4 NanoKimi K2.5Winner
Quality Index--47N/A
Output Speed--34 tok/sN/A
Value (Quality/$)--78.0Higher = better value

Benchmark data from Artificial Analysis. Quality Index is a composite score across reasoning, coding, and knowledge tasks.

Cost at Scale

Estimated cost at different usage levels (3:1 input-to-output token ratio, typical for chat).

UsageGPT-5.4 NanoKimi K2.5Savings
Single request
1K in / 300 out
$0.0006$0.0015Same
10 requests
10K in / 3K out
$0.0057$0.015GPT-5.4 Nano saves $0.0093
100 requests
100K in / 30K out
$0.058$0.150GPT-5.4 Nano saves $0.092
1,000 requests
1M in / 300K out
$0.575$1.50GPT-5.4 Nano saves $0.925
10,000 requests
10M in / 3M out
$5.75$15.00GPT-5.4 Nano saves $9.25
1M requests/mo
1B in / 300M out
$575.00$1500.00GPT-5.4 Nano saves $925.00

Pros & Cons

GPT-5.4 Nano Strengths

  • +Cheaper input tokens
  • +Cheaper output tokens
  • +Larger context window (400K vs 128K)
  • +Higher max output tokens

Kimi K2.5 Strengths

Part of the Moonshot ecosystem

When to Use Each Model

Choose GPT-5.4 Nano for

  • Budget-conscious projects where cost is the primary factor
  • Long documents, large codebases, or multi-turn conversations
  • Generating long-form content or detailed code

Choose Kimi K2.5 for

  • Projects already integrated with Moonshot's ecosystem

Frequently Asked Questions

Which is cheaper, GPT-5.4 Nano or Kimi K2.5?
For input tokens, GPT-5.4 Nano is 3.0x cheaper at $0.2/1M tokens. For output tokens, GPT-5.4 Nano is 2.4x cheaper at $1.25/1M tokens. At typical usage (1M input + 300K output), GPT-5.4 Nano costs $0.575 vs Kimi K2.5 at $1.50.
What's the context window difference?
GPT-5.4 Nano supports 400K context (400,000 tokens), while Kimi K2.5 supports 128K (128,000 tokens). GPT-5.4 Nano can handle 3x more context in a single request.
Which model has better benchmarks?
When should I choose GPT-5.4 Nano over Kimi K2.5?
Choose GPT-5.4 Nano when you need: Cheaper input tokens, Cheaper output tokens, Larger context window (400K vs 128K), Higher max output tokens. Choose Kimi K2.5 when you need: a Moonshot ecosystem model.
How much would 10,000 API requests cost?
At 1K input + 300 output tokens per request (typical chat): GPT-5.4 Nano = $5.75, Kimi K2.5 = $15.00. At 10K input + 1K output per request (longer conversations): GPT-5.4 Nano = $32.50, Kimi K2.5 = $90.00.

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