AI model comparison

Mercury 2.5 vs GPT-5 Nano

Pricing, context window, benchmarks, and features compared side by side. Or skip the guesswork and send one prompt to both.

inception logo

Inception

Mercury 2.5

Mercury 2.5 is the fastest reasoning LLM, and the latest diffusion LLM (dLLM) from Inception.

Input / 1M
$0.04
Output / 1M
$0.15
Context
260K

GPT-5-Nano is the smallest and fastest variant in the GPT-5 system, optimized for developer tools, rapid interactions, and ultra-low latency environments.

Input / 1M
$0.05
Output / 1M
$0.40
Context
400K

At a glance

Quick verdict

How the two models stack up on the things people ask about most.

Lower price

inception logo

Mercury 2.5

1.9x cheaper for a typical chat

Higher intelligence score

openai logo

GPT-5 Nano

13 vs 12.3 on Artificial Analysis

Larger context window

openai logo

GPT-5 Nano

400K vs 260K tokens

Newer release

inception logo

Mercury 2.5

Released September 8, 2026

Benchmarks

Benchmark scores

Independent scores from Artificial Analysis. Higher is better.

Intelligence index

inception logoMercury 2.512.3
openai logoGPT-5 Nano13

Coding index

inception logoMercury 2.5Not available
openai logoGPT-5 NanoNot available

Agentic index

inception logoMercury 2.5Not available
openai logoGPT-5 NanoNot available

Pricing

Mercury 2.5 vs GPT-5 Nano API pricing

Per-token API rates. Cheaper option highlighted.

Metricinception logoMercury 2.5openai logoGPT-5 Nano
Input tokensPer 1M tokens$0.04$0.05
Output tokensPer 1M tokens$0.15$0.40
Cached input (read)Per 1M tokens$0.00$0.01
Cache writePer 1M tokensNot availableNot available
Web searchPer requestNot available$0.01

What it costs in practice

Estimated cost per 1,000 requests at standard rates. Coding and long-document figures also show the cost when the input is already cached.

Chat message

2K in, 500 out

inception logoMercury 2.5$0.16
openai logoGPT-5 Nano$0.30

Coding task

30K in, 4K out

inception logoMercury 2.5$1.80$0.72 cached
openai logoGPT-5 Nano$3.10$1.75 cached

Long document summary

150K in, 2K out

inception logoMercury 2.5$6.30$0.90 cached
openai logoGPT-5 Nano$8.30$1.55 cached

Specs

Context window and capabilities

How much each model can read, how much it can write, and what it accepts as input.

Metricinception logoMercury 2.5openai logoGPT-5 Nano
Context window260K tokens400K tokens
Max output66K tokens128K tokens
Input typesTextFile, Image, Text
Output typesTextText
Reasoning effort levelsHigh, Medium, Low, NoneHigh, Medium, Low, Minimal
Default reasoning effortMediumMedium
Release dateSeptember 8, 2026August 7, 2025

Features

Supported features

API features available for each model.

Metricinception logoMercury 2.5openai logoGPT-5 Nano
Tool callingSupportedSupported
Structured outputsSupportedSupported
JSON modeSupportedSupported
ReasoningSupportedSupported
TemperatureSupportedNot supported
Stop sequencesSupportedNot supported
Deterministic seedNot supportedSupported
Verbosity controlNot supportedSupported

Our take

Mercury 2.5 is 1.9x cheaper for a typical chat. GPT-5 Nano scores higher on the Artificial Analysis Intelligence Index (13 vs 12.3). GPT-5 Nano has the larger context window (400K vs 260K tokens). The right pick depends on your workload, so the quickest way to settle it is to send the same prompt to both and compare.

FAQ

Frequently asked questions

Is Mercury 2.5 or GPT-5 Nano cheaper?

Mercury 2.5 is cheaper for a typical chat (2K input tokens and 500 output tokens). Mercury 2.5 costs $0.04 per 1M input tokens and $0.15 per 1M output tokens, while GPT-5 Nano costs $0.05 per 1M input tokens and $0.40 per 1M output tokens.

Which has a bigger context window, Mercury 2.5 or GPT-5 Nano?

GPT-5 Nano supports up to 400K tokens of context, compared with 260K for Mercury 2.5.

Is Mercury 2.5 smarter than GPT-5 Nano?

On the Artificial Analysis Intelligence Index, Mercury 2.5 scores 12.3 and GPT-5 Nano scores 13, putting GPT-5 Nano ahead. Benchmarks don't capture everything, so the best test is running your own prompts through both.

Can I use Mercury 2.5 and GPT-5 Nano at the same time?

Yes. Shortcut Chat sends one prompt to multiple models at once, so you can see Mercury 2.5 and GPT-5 Nano answer side by side and keep the better response.

inception logoopenai logo

Why choose? Ask both.

Send one prompt to Mercury 2.5 and GPT-5 Nano at the same time. Compare the answers side by side and keep the best one.