GPT Chat Latest vs Mercury 2.5
Mercury 2.5 costs 200.0x less per output token than GPT Chat Latest ($0.15 vs $30.00 per million). Updated October 22, 2026; no benchmark has tested both models yet.
- Coding
- No data
- Overall
- No data
- Output $/M
- $30.00
- Coding
- 1.6
- Overall
- No data
- Output $/M
- $0.15
GPT Chat Latest or Mercury 2.5: which to pick
Only Mercury 2.5 has a coding score, 1.6 on the Vibe Coding Index; GPT Chat Latest has none, so the two cannot be ranked on coding.
Pick GPT Chat Latest for a larger context window (400K against 260K tokens).
No benchmark has tested both yet. GPT Chat Latest has none yet; Mercury 2.5 on Terminal-Bench 4 (Vals AI), Vibe Code Bench (Vals AI) and Code migration (Vals AI). Compare them on price and context instead.
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.
Coding
Vibe Coding Index, six public coding benchmarks
No call
Only Mercury 2.5 has a coding score, so no call is made.
One side not measured
Intelligence
AA Intelligence Index
No call
Only Mercury 2.5 has a AA Intelligence Index result, 12.3.
Directional only
Long documents
Listed context window
GPT Chat Latest
GPT Chat Latest takes 400K tokens against 260K.
Listed by OpenRouter
Everyday cost
1K input + 500 output tokens
Mercury 2.5
GPT Chat Latest $0.020, Mercury 2.5 $0.0001 per turn.
List prices
At a glance
- Coding index
- GPT Chat Latest not benchmarked, Mercury 2.5 1.6 from 2 benchmarks.
- Widest category
- None yet: no category has been tested on both models.
- Widest single gap
- None yet: no benchmark has tested both models.
- Output price
- GPT Chat Latest $30.00 against Mercury 2.5 $0.15 per million output tokens, 200.0x apart.
- Context window
- GPT Chat Latest takes 400K tokens, Mercury 2.5 260K.
Benchmark by benchmark
Every board either model has a result on, a category to a fold; bars are each result on a 0 to 100 scale. Only one model is measured on each, so no row names a leader.
CodingDirectional onlySix of these boards feed the Vibe Coding Index9 boards measured
| Benchmark | GPT Chat Latest | Mercury 2.5 | Leader |
|---|---|---|---|
| Terminal-Bench 4 (Vals AI) | Not measured | 0.0% | Only Mercury 2.5 measured |
| Vibe Code Bench (Vals AI) | Not measured | 3.7% | Only Mercury 2.5 measured |
| Code migration (Vals AI) | Not measured | 4.5% | Only Mercury 2.5 measured |
| IOI (Vals AI) | Not measured | 2.4% | Only Mercury 2.5 measured |
| Terminal-Bench 2.1 (Vals AI) | Not measured | 34.5% | Only Mercury 2.5 measured |
| SkillsBench (Vals AI) | Not measured | 18.1% | Only Mercury 2.5 measured |
| CyberBench (Vals AI) | Not measured | 45.5% | Only Mercury 2.5 measured |
| SciCode | Not measured | 38.5% | Only Mercury 2.5 measured |
| ALE-Bench | Not measured | 301.6 | Only Mercury 2.5 measured |
| Neither model has a result on the other 30 boards here | |||
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
| Benchmark | GPT Chat Latest | Mercury 2.5 | Leader |
|---|---|---|---|
| AA Intelligence Index | Not measured | 12.3 | Only Mercury 2.5 measured |
| Neither model has a result on the other 1 board here | |||
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index5 boards measured
| Benchmark | GPT Chat Latest | Mercury 2.5 | Leader |
|---|---|---|---|
| Finance Agent (Vals AI) | Not measured | 18.9% | Only Mercury 2.5 measured |
| Tax Agent Bench (Vals AI) | Not measured | 2.5% | Only Mercury 2.5 measured |
| Legal Research Bench (Vals AI) | Not measured | 4.3% | Only Mercury 2.5 measured |
| Excel Modeling Benchmark (Vals AI) | Not measured | 8.8% | Only Mercury 2.5 measured |
| Terminal-Bench-Science (Vals AI) | Not measured | 0.0% | Only Mercury 2.5 measured |
| Neither model has a result on the other 36 boards here | |||
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
| Benchmark | GPT Chat Latest | Mercury 2.5 | Leader |
|---|---|---|---|
| Humanity's Last Exam (Artificial Analysis run) | Not measured | 11.8% | Only Mercury 2.5 measured |
| Neither model has a result on the other 21 boards here | |||
MathDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
| Benchmark | GPT Chat Latest | Mercury 2.5 | Leader |
|---|---|---|---|
| ProofBench | Not measured | 3.0% | Only Mercury 2.5 measured |
| Neither model has a result on the other 12 boards here | |||
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index2 boards measured
| Benchmark | GPT Chat Latest | Mercury 2.5 | Leader |
|---|---|---|---|
| LegalBench (Vals AI) | Not measured | 83.1% | Only Mercury 2.5 measured |
| MedCode (Vals AI) | Not measured | 31.3% | Only Mercury 2.5 measured |
| Neither model has a result on the other 16 boards here | |||
GeneralDirectional onlyPublic boards, shown as published, kept out of the index3 boards measured
| Benchmark | GPT Chat Latest | Mercury 2.5 | Leader |
|---|---|---|---|
| Public Benefits Bench (Vals AI) | Not measured | 45.3% | Only Mercury 2.5 measured |
| MedScribe (Vals AI) | Not measured | 55.1% | Only Mercury 2.5 measured |
| Long context reasoning (AA-LCR) | Not measured | 71.7% | Only Mercury 2.5 measured |
| Neither model has a result on the other 43 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
Mercury 2.5 costs less
Repository review
50K input + 3K output tokens
Mercury 2.5 costs less
Agent loop
200K input + 10K output tokens
Mercury 2.5 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.
| Specification | OpenAI GPT Chat Latest | Inception Mercury 2.5 |
|---|---|---|
| Maker | OpenAI | Inception |
| Weights | No public weights listed | No public weights listed |
| Released | May 5, 2026 | September 8, 2026 |
| Context window | 400K | 260K |
| Input $/Mtok | $5.00 | $0.04 |
| Output $/Mtok | $30.00 | $0.15 |
| Coding index | Not benchmarked | 1.6 |
| Independent measurements behind it | 0 | 2 |
| Cost per solved task | Not computable | Not computable |
| Source | OpenRouter listing | OpenRouter listing |
Questions
Is GPT Chat Latest better than Mercury 2.5 for coding?
Only Mercury 2.5 has a coding score, 1.6 on the Vibe Coding Index; GPT Chat Latest has none, so the two cannot be ranked on coding. Pick GPT Chat Latest for a larger context window (400K against 260K tokens).
Which is cheaper, GPT Chat Latest or Mercury 2.5?
GPT Chat Latest costs $5.00 per million input tokens and $30.00 per million output tokens; Mercury 2.5 costs $0.04 and $0.15. Cost per solved task is known for neither of them.
Which has the bigger context window, GPT Chat Latest or Mercury 2.5?
GPT Chat Latest, with 400K tokens against 260K.
Has any benchmark tested both GPT Chat Latest and Mercury 2.5?
No benchmark has tested both yet. GPT Chat Latest has none yet; Mercury 2.5 on Terminal-Bench 4 (Vals AI), Vibe Code Bench (Vals AI) and Code migration (Vals AI). Compare them on price and context instead. Data as of October 22, 2026.