GPT-5.6 comes in three tiers: Sol as the flagship, Terra for everyday work, and Luna as the most cost-efficient of the three. OpenAI describes Luna as roughly equivalent to the nano tier in earlier GPT-5 families, aimed at cost-sensitive, high-volume jobs like classification, summarisation, routing, and real-time applications.
The specs are not entry-level, though. Luna has a 1,050,000-token context window, returns up to 128,000 tokens, takes both text and image input, and has a knowledge cutoff of February 16, 2026. It is a reasoning model with effort settings running from none through low, medium (the default), high, xhigh, and max — so the same model can be dialled from near-instant replies to slow, careful work.
At launch OpenAI reported that Luna outperformed Claude Opus 4.8 on coding while taking roughly a third of the time, producing about half as many output tokens, and costing around a quarter as much. That performance-per-dollar framing is the entire point of this tier.