OpenAI: GPT-5 Chat Latest
GPT-5 Chat Latest is a language model from OpenAI released on Aug 7, 2025. It reads text, images and files and writes text, with a 128K token context window and up to 16K tokens per reply.
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It costs $1.25 per million input tokens and $10 per million output tokens. Cached input bills at $0.125, 90% less than fresh input.
It supports tool calling, structured JSON output and prompt caching.
3 providers serve it, including Helicone, Merge Gateway and OrcaRouter.
- Modalities
- In / out price
- $1.25 / $10 per 1M
- Context
- 128K
- Max output
- 16K
- Released
- Aug 7, 2025
- Knowledge cutoff
- Sep 2024
- Tool calling
- Structured output
- Reasoning
- Prompt caching
- Open weights
- Free to use
GPT-5 Chat Latest pricing
USD, as listed on Oct 22, 2026. Most bills are input heavy, so the cached input rate matters as much as the headline price.
| Input | $1.25 / 1M tokens | |
|---|---|---|
| Output | $10 / 1M tokens | |
| Cached input (read) | $0.125 / 1M tokens | 90% off input |
GPT-5 Chat Latest providers
3 providers serve it, including Helicone, Merge Gateway and OrcaRouter. Each host sets its own price and limits, so the cheapest one is not always the one with the longest context.
| Provider | Input /M | Output /M | Cache read /M | Context | Max output |
|---|---|---|---|---|---|
| Helicone | $1.25 | $10 | $0.125 | 128K | 16K |
| Merge Gateway | $1.25 | $10 | $0.125 | 128K | 16K |
| OrcaRouter | $1.25 | $10 | $0.125 | 400K | 100K |
What GPT-5 Chat Latest costs per month
Pick a workload close to yours or type your own volumes.
Supported request parameters
What you can set when you call GPT-5 Chat Latest through an OpenAI compatible API.
- Tools
tools - Structured outputs
structured_outputs
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GPT-5 Chat Latest questions
How much does the GPT-5 Chat Latest API cost?
$1.25 per million input tokens and $10 per million output tokens, with cached input at $0.125. The estimator on this page turns that into a monthly bill for your own workload.
What is the context window of GPT-5 Chat Latest?
128,000 tokens of input, and it can write up to 16,384 tokens in one reply. As a rough guide, a million tokens is around 750,000 English words.
Which providers serve GPT-5 Chat Latest?
3 providers serve it, including Helicone, Merge Gateway and OrcaRouter. Prices differ by host, so the Providers table on this page lists each one with its input and output price.
Does GPT-5 Chat Latest support tool calling?
Yes. It accepts tool definitions and can return JSON that matches a schema, which is what an agent needs to call your APIs.
Is GPT-5 Chat Latest open source?
No. OpenAI serves it through an API only, so you cannot download the weights or host it yourself.
When was GPT-5 Chat Latest released?
Aug 7, 2025, with training data up to Sep 2024.
Catalog data from models.dev (MIT licensed), refreshed daily, last on Oct 22, 2026. The summary is written from these facts.