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GPT-5 vs Mercury 2

GPT-5 leads Mercury 2 on the Artificial Analysis Intelligence Index, 23.0 to 10.8, and Mercury 2 costs 13.3x less per output token ($0.75 vs $10.00 per million). Updated October 22, 2026; 39 benchmarks have a result for both.

GPT-5OpenAI
Coding
38.8
Overall
51.5
Output $/M
$10.00
39
Mercury 2Inception
Coding
No data
Overall
No data
Output $/M
$0.75
0
vs boards won of 39 shared

GPT-5 or Mercury 2: which to pick

Only GPT-5 has a coding score, 38.8 on the Vibe Coding Index; Mercury 2 has none, so the two cannot be ranked on coding.

Pick Mercury 2 for output tokens 13.3x cheaper ($0.75 vs $10.00 per million).

Shared results
39
GPT-5 only
74
Mercury 2 only
3
Like-for-like categories
7 of 9

Only benchmarks that tested both models count toward a pick; a result only one model has is shown but not compared.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
GPT-5 38.8 from 3 benchmarks, Mercury 2 not benchmarked.
Widest category
Web design, 20.4 points apart on average over 8 shared benchmarks.
Widest single gap
LMArena WebDev: HTML: GPT-5 1427 against Mercury 2 1199, 37.9 points apart on a 0 to 100 scale.
Output price
GPT-5 $10.00 against Mercury 2 $0.75 per million output tokens, 13.3x apart.
Context window
GPT-5 takes 400K tokens, Mercury 2 128K.

Benchmark by benchmark

First the score: boards each model leads, per category, where both have a result. Then every board, a category to a fold; bars are each result on a 0 to 100 scale, so compare the two in a row, not one row with another.

Boards won, where both have a result
CategoryGPT-5BarsMercury 2Ties
Coding80
Intelligence10
Agentic work10
Reasoning50
Knowledge30
Web design80
General130
All shared boards390
CodingLike-for-likeSix of these boards feed the Vibe Coding Index80
Coding benchmarks for GPT-5 and Mercury 2
BenchmarkGPT-5Mercury 2Leader
Aider polyglot88.0%Not measuredOnly GPT-5 measured
SWE-bench Verified74.4%Not measuredOnly GPT-5 measured
LMArena WebDev14181171GPT-5
AA Coding Index37.831.1GPT-5
LiveCodeBench (Vals AI)85.9%Not measuredOnly GPT-5 measured
SWE-bench Verified (Vals AI)69.0%Not measuredOnly GPT-5 measured
Vibe Code Bench (Vals AI)20.1%Not measuredOnly GPT-5 measured
LiveCodeBench (Artificial Analysis run)84.6%Not measuredOnly GPT-5 measured
SciCodeNot measured37.7%Only Mercury 2 measured
Terminal-Bench Hard (Artificial Analysis run)37.9%26.5%GPT-5
Terminal-Bench49.6%Not measuredOnly GPT-5 measured
GSO-Bench6.9%Not measuredOnly GPT-5 measured
WeirdML60.7%43.2%GPT-5
ALE-Bench807.6785.6GPT-5
LMArena Text: coding14361390GPT-5
LMArena Text: software and IT14201385GPT-5
LMArena WebDev: ReactNot measured1160Only Mercury 2 measured
LMArena WebDev: HTML14271199GPT-5
SciCode0.0%Not measuredOnly GPT-5 measured
Neither model has a result on the other 20 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index10
Intelligence benchmarks for GPT-5 and Mercury 2
BenchmarkGPT-5Mercury 2Leader
AA Intelligence Index23.010.8GPT-5
Epoch Capabilities Index150.0Not measuredOnly GPT-5 measured
Agentic workLike-for-likePublic boards, shown as published, kept out of the index10
Agentic work benchmarks for GPT-5 and Mercury 2
BenchmarkGPT-5Mercury 2Leader
AA Agentic IndexNot measured1.6Only Mercury 2 measured
τ²-Bench Telecom86.5%70.8%GPT-5
METR time horizons69.6%Not measuredOnly GPT-5 measured
Remote Labor Index1.7%Not measuredOnly GPT-5 measured
GDPval34.8%Not measuredOnly GPT-5 measured
BALROG32.8%Not measuredOnly GPT-5 measured
DeepResearch Bench49.6%Not measuredOnly GPT-5 measured
BrowseComp-Plus80.0%Not measuredOnly GPT-5 measured
Neither model has a result on the other 33 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index50
Reasoning benchmarks for GPT-5 and Mercury 2
BenchmarkGPT-5Mercury 2Leader
GPQA Diamond85.6%Not measuredOnly GPT-5 measured
MMMU Pro (Vals AI)81.5%Not measuredOnly GPT-5 measured
GPQA Diamond (Artificial Analysis run)85.4%77.0%GPT-5
Humanity's Last Exam (Artificial Analysis run)28.5%17.1%GPT-5
GPQA Diamond (Epoch AI run)86.2%Not measuredOnly GPT-5 measured
ARC-AGI65.7%Not measuredOnly GPT-5 measured
ARC-AGI-29.9%Not measuredOnly GPT-5 measured
SimpleBench56.7%Not measuredOnly GPT-5 measured
Chess puzzles36.0%Not measuredOnly GPT-5 measured
Mystery game puzzles23.0%Not measuredOnly GPT-5 measured
EBR-bench12.7%Not measuredOnly GPT-5 measured
VPCT66.0%Not measuredOnly GPT-5 measured
LMArena Text: hard prompts14151362GPT-5
LMArena Text: expert14191358GPT-5
LMArena Text: hard prompts in English14191374GPT-5
LMArena Vision: diagrams1252Not measuredOnly GPT-5 measured
LMArena Vision: homework1278Not measuredOnly GPT-5 measured
Kagi LLM Benchmark72.7%Not measuredOnly GPT-5 measured
Neither model has a result on the other 4 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index12 boards, none shared
Math benchmarks for GPT-5 and Mercury 2
BenchmarkGPT-5Mercury 2Leader
AIME93.4%Not measuredOnly GPT-5 measured
MATH 500 (Vals AI)96.0%Not measuredOnly GPT-5 measured
MGSM (Vals AI)92.8%Not measuredOnly GPT-5 measured
AA Math Index94.3Not measuredOnly GPT-5 measured
AIME 2025 (Artificial Analysis run)94.3%Not measuredOnly GPT-5 measured
OTIS Mock AIME91.4%Not measuredOnly GPT-5 measured
FrontierMath, tiers 1 to 355.4%Not measuredOnly GPT-5 measured
FrontierMath, tier 422.0%Not measuredOnly GPT-5 measured
ProofBench18.0%Not measuredOnly GPT-5 measured
MATH level 598.1%Not measuredOnly GPT-5 measured
LMArena Text: math1407Not measuredOnly GPT-5 measured
LMArena Text: mathematical work1405Not measuredOnly GPT-5 measured
Neither model has a result on the other 1 board here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index30
Knowledge benchmarks for GPT-5 and Mercury 2
BenchmarkGPT-5Mercury 2Leader
MMLU Pro86.5%Not measuredOnly GPT-5 measured
LegalBench (Vals AI)86.0%Not measuredOnly GPT-5 measured
CaseLaw (Vals AI)66.5%Not measuredOnly GPT-5 measured
CorpFin (Vals AI)61.1%Not measuredOnly GPT-5 measured
TaxEval (Vals AI)73.4%Not measuredOnly GPT-5 measured
MortgageTax (Vals AI)65.5%Not measuredOnly GPT-5 measured
MedQA (Vals AI)96.3%Not measuredOnly GPT-5 measured
MedCode (Vals AI)49.6%Not measuredOnly GPT-5 measured
MMLU Pro (Artificial Analysis run)87.1%Not measuredOnly GPT-5 measured
SimpleQA Verified50.1%Not measuredOnly GPT-5 measured
GeoBench81.0%Not measuredOnly GPT-5 measured
LMArena Text: science14161343GPT-5
LMArena Text: medicine and healthcare14131363GPT-5
LMArena Text: legal and government1431Not measuredOnly GPT-5 measured
LMArena Text: business and finance14001349GPT-5
FACTS Benchmark Suite56.5%Not measuredOnly GPT-5 measured
Neither model has a result on the other 2 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index80
Web design benchmarks for GPT-5 and Mercury 2
BenchmarkGPT-5Mercury 2Leader
Design Arena: websites11841036GPT-5
Design Arena: UI components1177996GPT-5
Design Arena: game dev1185984GPT-5
Design Arena: data viz12211009GPT-5
Design Arena: 3D1055982GPT-5
Design Arena: all code categories11671021GPT-5
Design Arena: SVG1188998GPT-5
Design Arena: ASCII art1141988GPT-5
Neither model has a result on the other 1 board here
GeneralLike-for-likePublic boards, shown as published, kept out of the index130
General benchmarks for GPT-5 and Mercury 2
BenchmarkGPT-5Mercury 2Leader
SAGE (Vals AI)43.7%Not measuredOnly GPT-5 measured
MedScribe (Vals AI)83.7%Not measuredOnly GPT-5 measured
IFBench73.1%69.8%GPT-5
Long context reasoning (AA-LCR)78.2%43.7%GPT-5
DTBench90.7%Not measuredOnly GPT-5 measured
LMCA40.0%Not measuredOnly GPT-5 measured
Fiction.LiveBench97.2%Not measuredOnly GPT-5 measured
Creative writing (Lech Mazur)86.0%Not measuredOnly GPT-5 measured
LMArena Text14061354GPT-5
LMArena Text: instruction following13881328GPT-5
LMArena Text: creative writing13651286GPT-5
LMArena Vision1232Not measuredOnly GPT-5 measured
LMArena Text: English14091378GPT-5
LMArena Text: non-English13971330GPT-5
LMArena Text: Chinese14221414GPT-5
LMArena Text: German1416Not measuredOnly GPT-5 measured
LMArena Text: Japanese1409Not measuredOnly GPT-5 measured
LMArena Text: Korean1360Not measuredOnly GPT-5 measured
LMArena Text: French1409Not measuredOnly GPT-5 measured
LMArena Text: Spanish1399Not measuredOnly GPT-5 measured
LMArena Text: Russian14071304GPT-5
LMArena Text: Polish1431Not measuredOnly GPT-5 measured
LMArena Text: multi-turn14261357GPT-5
LMArena Text: longer queries13991329GPT-5
LMArena Text: writing and language13841300GPT-5
LMArena Text: entertainment and media13791314GPT-5
LMArena Vision: English1231Not measuredOnly GPT-5 measured
LMArena Vision: Chinese1267Not measuredOnly GPT-5 measured
LMArena Vision: reading text1246Not measuredOnly GPT-5 measured
LMArena Vision: humor1219Not measuredOnly GPT-5 measured
LMArena Vision: captioning1212Not measuredOnly GPT-5 measured
LMArena Vision: recognizing things1263Not measuredOnly GPT-5 measured
LMArena Vision: creative writing1210Not measuredOnly GPT-5 measured
Neither model has a result on the other 13 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for GPT-5 and Mercury 2
BenchmarkGPT-5Mercury 2Leader
Neither model has a result on 5 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

GPT-5$0.0063Fits in one request
Mercury 2$0.0006Fits in one request

Mercury 2 costs less

Repository review

50K input + 3K output tokens

GPT-5$0.092Fits in one request
Mercury 2$0.015Fits in one request

Mercury 2 costs less

Agent loop

200K input + 10K output tokens

GPT-5$0.350Fits in one request
Mercury 2$0.058Exceeds the context window

Mercury 2 costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of GPT-5 and Mercury 2
SpecificationOpenAI GPT-5Inception Mercury 2
MakerOpenAIInception
WeightsNo public weights listedNo public weights listed
ReleasedAugust 7, 2025March 4, 2026
Context window400K128K
Input $/Mtok$1.25$0.25
Output $/Mtok$10.00$0.75
Coding index38.8Not benchmarked
Independent measurements behind it31
Cost per solved task$0.39Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is GPT-5 better than Mercury 2 for coding?

Only GPT-5 has a coding score, 38.8 on the Vibe Coding Index; Mercury 2 has none, so the two cannot be ranked on coding. Pick Mercury 2 for output tokens 13.3x cheaper ($0.75 vs $10.00 per million).

Which is cheaper, GPT-5 or Mercury 2?

GPT-5 costs $1.25 per million input tokens and $10.00 per million output tokens; Mercury 2 costs $0.25 and $0.75. Cost per solved task is known for GPT-5 only.

Which has the bigger context window, GPT-5 or Mercury 2?

GPT-5, with 400K tokens against 128K.

How many benchmarks is the GPT-5 vs Mercury 2 comparison based on?

39 benchmarks have a result for both models as of October 22, 2026. GPT-5's coding index rests on 3 independent benchmarks and Mercury 2's on 1. Where only one model has a result, the page says so instead of naming a winner.

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