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Model Calc

API Model Competitive Intelligence

Market distortion warning

The $200.00 Max plan is treated as a subsidized baseline. Focus on pressure ratio: (cost vs Max plan) / (intelligence vs Opus). Lower is more dangerous. High pressure now requires near-Opus intelligence and API cost that is close to Max-plan economics.

Critical: 1 model is subsidy breaker risk

MiniMax M2.5 deliver near- Opus intelligence at a tiny fraction of Opus-equivalent cost.

Claude Max subscription

$200.00/mo

List price used as the subsidy anchor.

True API value

$4000.00

Opus-equivalent range target: $3000.00-$5000.00.

Subsidy gap

$3800.00

About 20.0x the plan price in Opus API value.

Usage volume configuration

Token values are in millions per month and set the Opus reference spend. Flagship rows use fixed market-chart monthly values; custom rows use live token math.

Current Opus-equivalent baseline is $4000.00 (within the $3,000-$5,000 subsidized range).

Model comparison matrix

Opus baseline is pinned first; all other rows are sorted by pressure value (highest threat first).

ModelI/O $/MMonthlyIntel / SWEvs OpusPressureStatus 
Claude Opus 4.6Anthropic
$5.00 / $25.00
$4000.00
$39.60/intel
101.0
81.5% SWE
100.0%
100.0%
-Baseline
MiniMax M2.5MiniMax
$0.30 / $1.20
$240.00
$2.35/intel
102.0
80.2% SWE
101.0%
6.0%
1.19x
score 91.9
Breaker
Qwen 3.5Alibaba
$0.25 / $1.00
$190.00
$1.97/intel
96.5
75.8% SWE
95.5%
4.8%
0.99x
score 55.4
Severe
GLM-5Zhipu AI
$1.00 / $3.20
$720.00
$7.35/intel
98.0
77.8% SWE
97.0%
18.0%
3.71x
score 20.8
Low
Codex 5.3OpenAI
$1.75 / $14.00
$1400.00
$13.59/intel
103.0
82.8% SWE
102.0%
35.0%
6.86x
score 7.1
Low
Gemini 3.1 ProGoogle
$2.00 / $12.00
$1650.00
$16.50/intel
100.0
81% SWE
99.0%
41.3%
8.33x
score 3.3
Low
GPT-5.2OpenAI
$1.75 / $14.00
$1400.00
$14.58/intel
96.0
73% SWE
95.0%
35.0%
7.36x
score 2.9
Low
Claude Sonnet 4.6Anthropic
$3.00 / $15.00
$2400.00
$24.00/intel
100.0
79.6% SWE
99.0%
60.0%
12.12x
score 0.6
Low
Grok 4.2xAI
$3.00 / $15.00
$2400.00
$24.49/intel
98.0
72.5% SWE
97.0%
60.0%
12.37x
score 0.4
Low

Status legend

BreakerPressure value 70+ (highest threat).

SeverePressure value 45-69.9 (serious threat).

EmergingPressure value 25-44.9 (watch closely).

LowEither too expensive for the intelligence delivered or still too far from Opus.

BaselineOpus reference anchor.

Methodology notes

  • Subsidized baseline target is Opus-equivalent spend in the $3,000-$5,000 range against the Max plan list price.
  • Pressure ratio = (model monthly cost / Max plan cost) / (model intelligence / Opus intelligence).
  • Lower pressure ratio is stronger: 1.0x means near-Max-plan cost at Opus-level intelligence.
  • Flagship rows use Feb 2026 reference monthly cost values from the provided chart.
  • Pressure value uses an intelligence gate (must exceed 90% of Opus) multiplied by an exponential cost penalty from pressure ratio.
  • Table is sorted by pressure value descending, with the Opus baseline pinned to the first row.
  • SWE-Bench remains visible as the direct coding benchmark.
  • Intelligence score = weighted average (SWE 25%, Long Horizon 15%, AIME 20%, GPQA 15%, LiveCodeBench 25%).
  • Cost per intelligence point = monthly cost / intelligence score.