tokevenMiniMax M3
MiniMax M3 is MiniMax's most capable model, priced at $0.30/MTok input and $1.20/MTok output with a 1M context window. Prices from platform.minimax.io/docs/pricing/overview (read 2026-10-11). Long context (>512K tokens) is billed above the listed input and output rates. Cache hit: $0.06/MTok input. No batch discount published. Not yet benchmarked, so never recommended.
Input $/MTok
$0.30
Output $/MTok
$1.20
Context window
1M
Cache read discount
80% off
MiniMax M3 pricing breakdown
| Rate | Input $/MTok | Output $/MTok |
|---|---|---|
| Standard | $0.30 | $1.20 |
| Cached read (80% off input) | $0.06 | - |
| Cached write (no surcharge) | $0.30 | - |
| Batch (0% off) | $0.30 | $1.20 |
| Long context (≥512.001K tokens) | $0.60 | $2.40 |
All rates in USD per million tokens. Prices verified against provider documentation.
MiniMax M3 task benchmarks
Confidence scores (0-100) and cross-provider rank for each task type. Rank 1 is best across all 88 models.
Not benchmarked. The third-party benchmark source used for confidence scores does not cover MiniMax models yet. Scores will appear here once independent benchmarks are published.
MiniMax M3 cost by use case
Estimated cost per API call using default token counts for each workload.
| Use case | Input tokens | Output tokens | Cost / call |
|---|---|---|---|
| Code Generation | 2,000 | 4,000 | $0.005400 |
| Unit Test Generation | 3,000 | 5,000 | $0.006900 |
| SQL Generation | 1,500 | 1,000 | $0.001650 |
| API Generation | 3,000 | 6,000 | $0.008100 |
| Code Refactoring | 4,000 | 4,000 | $0.006000 |
| Code Review | 5,000 | 2,000 | $0.003900 |
| PR Review | 8,000 | 3,000 | $0.006000 |
| Security Review | 6,000 | 2,500 | $0.004800 |
| Bug Detection | 5,000 | 2,000 | $0.003900 |
| Document Summarization | 10,000 | 1,000 | $0.004200 |
| PDF Summarization | 15,000 | 1,500 | $0.006300 |
| Meeting Notes | 8,000 | 2,000 | $0.004800 |
Monthly cost projections
Projected monthly spend at different call volumes, using code generation as a representative workload (2,000 input / 4,000 output tokens per call).
| Calls / month | Without caching | With caching (80% read discount) |
|---|---|---|
| 1K | $5.4 | $5.06 |
| 10K | $54 | $50.64 |
| 100K | $540 | $506.4 |
| 500K | $2,700 | $2,532 |
| 1M | $5,400 | $5,064 |
Caching estimate assumes 70% of input tokens are cache reads. Your actual cache hit rate will depend on prompt structure and reuse.
Flagship alternatives to MiniMax M3
Same-tier models from other providers, sorted by input price.
| Model | Provider | Input $/MTok | Output $/MTok | Input savings |
|---|---|---|---|---|
| DeepSeek V4 Pro | DeepSeek | $0.66 | $1.98 | 120% more |
| GPT 6 Sol | GPT | $2.00 | $10.00 | 567% more |
| GPT 6.1 Sol | GPT | $2.00 | $10.00 | 567% more |
| Grok 4.6 | Grok | $2.00 | $6.00 | 567% more |
| Grok 4.5 | Grok | $2.00 | $6.00 | 567% more |
| Grok 4.7 | Grok | $2.00 | $6.00 | 567% more |
| Qwen 3.8 Max | Alibaba (Qwen) | $2.00 | $6.00 | 567% more |
| Kimi K3 | Moonshot (Kimi) | $3.00 | $15.00 | 900% more |
| Claude Opus 5.5 | Claude | $4.00 | $20.00 | 1233% more |
| GPT 5.6 Sol | GPT | $4.00 | $20.00 | 1233% more |
| Claude Opus 4.8 | Claude | $5.00 | $25.00 | 1567% more |
| Claude Opus 5 | Claude | $5.00 | $25.00 | 1567% more |
| Claude Opus 4.7 | Claude | $5.00 | $25.00 | 1567% more |
| Claude Opus 4.6 | Claude | $5.00 | $25.00 | 1567% more |
| Claude Opus 4.5 | Claude | $5.00 | $25.00 | 1567% more |
| GPT 5.5 | GPT | $5.00 | $30.00 | 1567% more |
| GPT 4o (2024-05-13) | GPT | $5.00 | $15.00 | 1567% more |
| Claude Fable 5.1 | Claude | $10.00 | $50.00 | 3233% more |
| Claude Fable 5 | Claude | $10.00 | $50.00 | 3233% more |
| Claude Mythos 5.1 | Claude | $10.00 | $50.00 | 3233% more |
| Claude Mythos 5 | Claude | $10.00 | $50.00 | 3233% more |
| GPT 4 Turbo (2024-04-09) | GPT | $10.00 | $30.00 | 3233% more |
| GPT 4 Turbo | GPT | $10.00 | $30.00 | 3233% more |
| GPT 6 Astra | GPT | $10.00 | $50.00 | 3233% more |
| GPT 5 Pro | GPT | $15.00 | $120.00 | 4900% more |
| o1 | GPT | $15.00 | $60.00 | 4900% more |
| o3 Pro | GPT | $20.00 | $80.00 | 6567% more |
| GPT 5.2 Pro | GPT | $21.00 | $168.00 | 6900% more |
| GPT 4 (0613) | GPT | $30.00 | $60.00 | 9900% more |
| GPT 4 | GPT | $30.00 | $60.00 | 9900% more |
| GPT 5.4 Pro | GPT | $30.00 | $180.00 | 9900% more |
| GPT 5.5 Pro | GPT | $30.00 | $180.00 | 9900% more |
| o1 Pro | GPT | $150.00 | $600.00 | 49900% more |
Other MiniMax models
Track your MiniMax M3 spend
See exactly how much you spend on MiniMax M3 and where you can save. Two-line wrapper install, no API keys shared.