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Balanced — strong quality at a mid priceOpen Weights
GLM 5 Pricing
Z.ai · z-ai-glm-5
Input / 1M tokens
$0.950
Output / 1M tokens
$2.55
Context window
204,800 tokens
≈ 273 pages of text
Max output
131,072 tokens
What it costs in practice
Typical request (1,200 in + 400 out tokens)$0.0022
1,000 requests / month$2.16/mo10,000 requests / month$21.60/mo100,000 requests / month$216.00/moEstimate your own workloadOpens the calculator with GLM 5 preloaded — adjust volume and token counts there.
Price history
List price per 1M tokens since we started tracking in Jun 2026. Each step marks a price change — hover a point for the exact date and rate.
What it excels at
Effective on long-context tasks with a 200k token window. Supports cost-efficient self-hosted inference.
The business tradeoff
Reasoning capability trails closed frontier models. Output token pricing is three times input, and quality depends on hosting configuration.
Head-to-head
Vendor list rates, as of Jul 23, 2026 · source: openrouter · per-request examples assume 1,200 input + 400 output tokens.