The Inference Report
March 27, 2026
The Value FrontierDaily rankings from SWE-rebench, a benchmark designed to fairly compare LLM capabilities on real-world software engineering tasks. Unlike other evaluations, it uses a standardized scaffolding for all models, continuously updates its dataset to prevent contamination, and runs each model five times to account for stochastic variance.
| # | Model | Score |
|---|---|---|
| 1 | Claude Opus 4.6 | 65.3% |
| 2 | gpt-5.2-2025-12-11-medium | 64.4% |
| 3 | GLM-5 | 62.8% |
| 4 | gpt-5.4-2026-03-05-medium | 62.8% |
| 5 | Gemini 3.1 Pro Preview | 62.3% |
| 6 | DeepSeek-V3.2 | 60.9% |
| 7 | Claude Sonnet 4.6 | 60.7% |
| 8 | Claude Sonnet 4.5 | 60.0% |
| 9 | Qwen3.5-397B-A17B | 59.9% |
| 10 | Step-3.5-Flash | 59.6% |
Artificial Analysis composite index across coding, math, and reasoning benchmarks.
| # | Model | Score | tok/s | $/1M |
|---|---|---|---|---|
| 1 | GPT-5.4 | 57.2 | 75 | $5.63 |
| 2 | Gemini 3.1 Pro Preview | 57.2 | 114 | $4.50 |
| 3 | GPT-5.3 Codex | 54 | 75 | $4.81 |
| 4 | Claude Opus 4.6 | 53 | 49 | $10.00 |
| 5 | Claude Sonnet 4.6 | 51.7 | 68 | $6.00 |
| 6 | GPT-5.2 | 51.3 | 72 | $4.81 |
| 7 | GLM-5 | 49.8 | 63 | $1.55 |
| 8 | Claude Opus 4.5 | 49.7 | 59 | $10.00 |
| 9 | MiniMax-M2.7 | 49.6 | 45 | $0.525 |
| 10 | MiMo-V2-Pro | 49.2 | 92 | $1.50 |
Output tokens per second — higher is faster. Minimum intelligence score of 40.
| # | Model | tok/s |
|---|---|---|
| 1 | Grok 4.20 Beta 0309 | 246 |
| 2 | GPT-5.4 mini | 213 |
| 3 | GPT-5.4 nano | 199 |
| 4 | Gemini 3 Flash Preview | 191 |
| 5 | GPT-5 Codex | 189 |
| 6 | Qwen3.5 122B A10B | 133 |
| 7 | MiMo-V2-Flash | 121 |
| 8 | GPT-5.1 Codex | 118 |
| 9 | Gemini 3 Pro Preview | 116 |
| 10 | Gemini 3.1 Pro Preview | 114 |
Blended cost per 1M tokens (3:1 input/output) — lower is cheaper. Minimum intelligence score of 40.
| # | Model | $/1M |
|---|---|---|
| 1 | MiMo-V2-Flash | $0.15 |
| 2 | DeepSeek V3.2 | $0.315 |
| 3 | GPT-5.4 nano | $0.463 |
| 4 | MiniMax-M2.7 | $0.525 |
| 5 | MiniMax-M2.5 | $0.525 |
| 6 | GPT-5 mini | $0.688 |
| 7 | Qwen3.5 27B | $0.825 |
| 8 | GLM-4.7 | $1.00 |
| 9 | Kimi K2 Thinking | $1.07 |
| 10 | Qwen3.5 122B A10B | $1.10 |