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The $0.20 Luna headline is the long-context tier — we read the catalog and the base rate is $0.10

ChatGPT-5.6confirmedby ArtificialWatch
The $0.20 Luna headline is the long-context tier — we read the catalog and the base rate is $0.10
Source imagery · verified against a primary source

Every writeup of OpenAI's price cut quotes GPT-5.6 Luna at $0.20 per 1M input tokens. We pulled the live catalog entry this morning and the pricing is tiered, which none of the coverage mentions.

Under 272,000 prompt tokens, Luna bills $0.10 in / $0.60 out per 1M. At or above 272,000 prompt tokens, an override kicks in: $0.20 in / $0.90 out. Cached input reads follow the same split, $0.01 and $0.02.

The rest of this analysis — 4 more paragraphs — plus the source, is on the paid plans.

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