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GPT 5.4 vs Zai Glm 5 2 pricing

Side-by-side token pricing for GPT 5.4 (OpenAI) and Zai Glm 5 2 (Mistral AI), plus the total cost at three workload sizes so the crossover point is obvious. Prices refreshed 2026-09-13 13:40 UTC.

MetricGPT 5.4Zai Glm 5 2
Input $/1M tokens$2.5$1.4
Output $/1M tokens$15$4.4
Cached input $/1M$0.25$0.14
Context window1.1M1.0M
Max output128K131K
Visionyesno
Tool callingyesyes
Cache pricingyesyes

Total cost by workload

WorkloadGPT 5.4Zai Glm 5 2Cheaper
1M tokens in · 300K out$7$2.72Zai Glm 5 2 (61% less)
10M tokens in · 3M out$70$27.2Zai Glm 5 2 (61% less)
100M tokens in · 30M out$700$272Zai Glm 5 2 (61% less)

On blended cost (weighted 3:1 toward input), Zai Glm 5 2 comes out cheaper by roughly 44% on input pricing. Pick Zai Glm 5 2 when the workload is price-sensitive and its context window covers your prompts; GPT 5.4 is the one to benchmark if you need vision, reasoning depth, or a different quality profile.

Full breakdown
GPT 5.4
Full breakdown
Zai Glm 5 2

Frequently asked

Is GPT 5.4 cheaper than Zai Glm 5 2?

On input pricing, Zai Glm 5 2 is cheaper ($1.4 vs $2.5 per 1M tokens). On blended cost the winner is Zai Glm 5 2, because output tokens are weighted differently for most workloads.

Which has the larger context window?

GPT 5.4 offers the larger context (1.1M tokens).

Do these prices include prompt caching?

Cached input is priced separately where a provider publishes a cache rate; the table above lists it per model so the comparison stays like-for-like.