GPT-5.4 Mini vs GPT-5.4 Nano
Green marks the cheaper side per row — informational only, never a verdict for your workload
| Context window | 400,000 tokens | 400,000 tokens |
|---|---|---|
| Knowledge cutoff | Aug 31, 2025 | Aug 31, 2025 |
| Standard input price | $0.750/MTok | $0.200/MTok |
| Standard output price | $4.50/MTok | $1.25/MTok |
| Reasoning effort levels | Not published | Not published |
| Long-context repricing rule | Not published | Not published |
| Tier 1 rate limit | 500 RPM · 500,000 TPM | 500 RPM · 200,000 TPM |
Both are the budget end of the GPT-5.4 generation, and the gap between them is a genuine step, not a rounding difference — Mini costs meaningfully more than Nano at every tier, in exchange for real differences beyond just a bigger number on the price table.
The rate-limit split is the one to check first
Mini shares its rate-limit group with the cheapest current GPT-5.6 model, carrying a comparatively generous top-tier ceiling. Nano sits in its own distinct group, with a Tier-1 token-per-minute ceiling under half of most other current models' — including Mini's. For a high-volume workload, that gap in headroom can matter more than the per-token price difference between them.
Fast mode is the other split
Mini publishes a Fast-mode tier at a premium over its Standard rate. Nano doesn't offer Fast at all — Standard is the fastest paid option available for it, full stop.
How to actually decide
For genuinely simple, high-volume calls where Nano's price is the whole appeal, check its Tier-1 TPM ceiling against your actual request rate before committing — the ceiling, not the price, is the more likely constraint at real volume. For anything where low-latency Fast-mode delivery matters even occasionally, Mini is the only one of the two that offers it at all, which settles the choice regardless of the price gap — there's no version of Nano that gets you that option at any price.
Verified 2026-08-09 against CodexHow facts module (src/data/facts/) — see /about/#accuracy.