The closest alternative to Hermes 4 405B is Hermes 4 70B — comparable intelligence (— vs —); for a cheaper option, GPT-5.6 Luna runs $0.500/M vs $1.00/M; and the best open-weight substitute is Kimi K3.
Hermes 4 70B is the closest alternative to Hermes 4 405B, with an Intelligence Index of — (Hermes 4 405B scores —) at $0.130 per million input tokens.
Yes — GPT-5.6 Luna costs $0.500 per million input tokens versus $1.00 for Hermes 4 405B, while staying within ~8 points of its Intelligence Index.
Kimi K3 is the strongest open-weight alternative to Hermes 4 405B — downloadable from Hugging Face and self-hostable, scoring 57.1 on intelligence.