For coding agents, Claude Opus 4.8 costs 6.6x as much as GPT-5.4 Mini per request ($0.15 vs $0.023 on our measured traffic), because Claude Opus 4.8 lists at $5 input, $0.50 cached input and $25 output per million tokens against $0.75, $0.075 and $4.50 for GPT-5.4 Mini.
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See plans| Cost at list price | GPT-5.4 Mini | Opus 4.8 |
|---|---|---|
| Prompt under 100K tokens50% of requests, 87% of input cached | $0.012 | $0.079 |
| Prompt of 100K to 272K39% of requests, 88% of input cached | $0.030 | $0.20 |
| Prompt over 272K tokens11% of requests, 86% of input cached | $0.056 | $0.37 |
| Average request | $0.023 | $0.15 |
| 100 requests | $2.27 | $14.91 |
| Median session16 requests; a session ends after 10 idle minutes | $0.30 | $1.93 |
| A month of regular usemedian of 20 users active on 5+ days | $34.90 | $231 |
Each logged request priced at the vendor’s list rates for its own token counts, including cache reads and any higher rate for long prompts. Average output: 698 tokens per request. Both models are priced on the requests up to 400K tokens that fit in both context windows; band shares above describe all requests.
| Artificial Analysis | GPT-5.4 Mini | Opus 4.8 |
|---|---|---|
| Intelligence Index10 evaluations, 0 to 100 | 24 | 42 |
| Terminal-Bench 4.0agentic coding in a terminal | 2.0% | 21.7% |
| Output speedmedian | 233 tokens/s | 62 tokens/s |
| Time to first answer tokenincludes thinking time | 2.1 min | 66 s |
Source: Artificial Analysis (artificialanalysis.ai). Measured variants: GPT-5.4 mini (Xhigh), speed on OpenAI; Claude Opus 4.8 (Max), speed on Anthropic. Fetched October 13, 2026. Artificial Analysis runs Terminal-Bench 4.0 in its own setup, so its scores differ from the tbench.ai leaderboard.
GPT-5.4 Mini's 400K window cannot take 3% of coding-agent requests, so the comparison uses only requests both can take. Claude Opus 4.8 is superseded: Claude Opus 5.5 costs $0.11 per request. Claude Opus 4.8 scores clearly higher on the benchmarks above, so it may finish hard tasks in fewer steps.
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