Codestral (latest) vs GPT-5.6 Luna

Prices checked

Codestral (latest) and GPT-5.6 Luna split the 5 rounds this table counts: the maker's two prices, the cheapest price, the maker's blended price and context. The weighting you pick decides the rest.

Mistral AI

Codestral (latest)

256k context · tool calling · open weights

$0.45/M tokens

Mistral AI's own price · $0.23 per 1,000 pages

OpenAI

GPT-5.6 Luna

1.1M context · tool calling · reads images

$0.45/M tokens

OpenAI's own price · $0.19 per 1,000 pages

Maker's price in (lower wins)

$0.30/M

$0.20/M

Maker's price out (lower wins)

$0.90/M

$1.20/M

Cheapest price (lower wins)

none below the maker

none below the maker

Maker's price, blended (lower wins)

$0.45/M

$0.45/M

Cost per 1,000 pages (lower wins)

$0.23

$0.19

Context

256k tokens

1.1M tokens

Open weights

yes

no

Tool calling

yes

yes

Structured output

yes

yes

Reads images

no

yes

Reasoning

no

yes

Released

29 May 2024

9 Jul 2026

Providers selling it

17

51

Price we measure against

the maker's own

the maker's own

Trains on your prompts (no is better)

no provider to check

no provider to check

Providers selling both · 16

  • Azure AI Foundry$0.45 / $0.45
  • Azure Cognitive Services$0.45 / $0.45
  • Kilo Gateway$0.45 / $0.45
  • LLM Gateway$0.45 / $0.45
  • LLMTR$0.45 / $0.45
  • Merge Gateway$0.45 / $0.45
  • NanoGPT$0.45 / $0.45
  • Nous Portal$0.45 / $0.45

Codestral (latest), then GPT-5.6 Luna, per million tokens; the 8 cheapest of 16.

Go further

Add a third or fourth model, or change the weighting, in the tool.

What moved this week

  1. GPT-5.6 Luna

    Amazon Bedrock · 9% cheaper ·

    $0.20 / $1.20 $0.22 / $1.32
  2. GPT-5.6 Luna

    Cortecs · 0.4% dearer ·

    $0.22 / $1.32 $0.22 / $1.32
  3. GPT-5.6 Luna

    routing.run · 250% dearer ·

    $0.70 / $4.20 $0.20 / $1.20
  4. Codestral (latest)

    Eden AI · 10% dearer ·

    $0.33 / $0.99 $0.30 / $0.90
  5. GPT-5.6 Luna

    Phala (RedPill) · 40% cheaper ·

    $0.20 / $1.20 $0.40 / $1.80
  6. GPT-5.6 Luna

    AI/ML API · 23% cheaper ·

    $0.20 / $1.20 $0.26 / $1.56

Frequently asked

Which is cheaper, Codestral (latest) or GPT-5.6 Luna?
Codestral (latest), at $0.45 per million tokens against $0.45 for GPT-5.6 Luna, blended 3 in : 1 out, read on 31 Oct 2026.
Where is each one cheapest?
Codestral (latest): nobody sells it below the maker's own price with a stated reason, so $0.45 is the number to beat. GPT-5.6 Luna: nobody sells it below the maker's own price with a stated reason, so $0.45 is the number to beat.
Can I buy both from one provider?
Yes. 16 providers sell both: Azure AI Foundry, Azure Cognitive Services, Kilo Gateway, LLM Gateway, LLMTR, Merge Gateway, and more. The cheapest of them for the two together is Azure AI Foundry.
Which holds more context?
GPT-5.6 Luna, at 1.1M tokens against 256k.

Prices exclude tax, read 31 Oct 2026 from each provider's own catalog. They are per M tokens, blended 3 in : 1 out, and a page is 600 tokens in and 60 out. Bars are scaled to the larger value in each row.

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