Model index · Text · text generation · reasoning · open weights · Minimax · released 2026-05-31

MiniMax M3 pricing

Served by 11 providers from $0.4200 to $0.5250 per 1M tokens on the standard tier — a 1.3× gap for identical weights.

A reasoning model — the headline price is not the whole bill

This model thinks before it answers, and those thinking tokens are billed at the output rate while never appearing in the response. A request can therefore cost several times what the per-1M figure suggests, and the multiplier depends on your prompts rather than on anything we can publish. Compare it against other reasoning models — the alternatives below are ordered to put those first.

MiniMax-M3 is a multimodal foundation model from MiniMax. It supports text, image, and video inputs with text output, a 1M-token context window, and is suited for long-horizon agentic work, coding,...

Minimax · 427.04B parameters · minimax-community · first published 2026-05-31 · Text model · text generation · 1.05M context · description as published by the source, not written by us

Open weights: MiniMaxAI/MiniMax-M3 · 427.04B parameters counted from the weight files · licence minimax-community · 0.2M downloads in the last 30 days . Parameter count and licence come from the public weights registry, not from a seller — and the download figure exists only for models published this way, so it is not a market-wide popularity measure.

$0.4200

Cheapest standard /1M — GMICloud

1.05M

Native context window

12

Providers serving it

Quality not measured yet

Quality not measured yet

We measure models on request rather than pre-scoring the whole catalog, so this one has no score yet. Absence of a score is not a low score.

At 1M requests/month (1500 in / 500 out tokens), moving from Novita to GMICloud saves about $210/month.

Illustrative traffic shape, stated so you can check it against your own. Same weights both sides — but confirm quantisation and context below before switching.

Every provider and service tier

Standard on-demand rows first, cheapest of each group first. Tiers are not interchangeable — see the note below the table.

Provider In /1M Out /1M Blended /1M Tier Region Source
GMICloud cheapest standard $0.2400 $0.9600 $0.4200 standard third_party
DeepInfra $0.2800 $1.10 $0.4850 standard third_party
Novita $0.3000 $1.20 $0.5250 standard third_party
Venice $0.3000 $1.20 $0.5250 standard third_party
Minimax $0.3000 $1.20 $0.5250 standard third_party
AtlasCloud $0.3000 $1.20 $0.5250 standard third_party
Together $0.3000 $1.20 $0.5250 standard third_party
Parasail $0.3000 $1.20 $0.5250 standard third_party
Morph $0.3000 $1.20 $0.5250 standard third_party
OpenRouter (default route) *
resells other hosts
$0.3000 $1.20 $0.5250 standard provider_api
Novita $0.3000 $1.20 $0.5250 standard provider_api
OpenRouter (default route) *
resells other hosts
$0.1500 $0.6000 $0.2625 batch provider_api

Not every row is the same product

This table mixes service tiers, and they are not interchangeable. Rows marked standard are ordinary on-demand requests. The others trade delivery for price:

  • batch — submitted as a batch and collected later, typically within 24 hours — not for interactive use

Every comparison elsewhere on this site uses the standard tier, so a model is never shown at a queued rate beside another model's on-demand rate.

Cheaper if your workload can wait: batch at $0.2625 per 1M on OpenRouter — 38% below standard , submitted as a batch and collected later, typically within 24 hours — not for interactive use.

* OpenRouter chooses a host for each request, and the figure above is what its default choice costs — not a fixed rate for this model. Selecting a specific host through the same account costs whatever that host charges, which is why this row can sit above or below the hosts listed beside it. Token rates are passed through from the underlying provider with no markup, so the per-1M price above is what that host charges directly — OpenRouter's own charge sits on funding instead: 5.5% (min $0.80) by Stripe or 5% by Coinbase to buy credits, 5% of the equivalent spend if you bring your own provider key. So budget about 5% above the rate shown unless you already hold credit. Fee schedule.

Compare MiniMax M3 with alternatives

One model per vendor, ordered by how prominent the vendor is and how many independent providers serve the model — hosts only carry what customers ask for, so that is a real demand signal. This is not traffic or popularity data, which we do not have. Every alternative below does the same job — text generation — because a price comparison between a generator and, say, an upscaler is arithmetic rather than advice. Prices on both sides are standard on-demand rates, so the comparison is like for like — a discounted batch or flex rate is never shown against another model’s standard rate.

AlternativeVendor $/1M vs MiniMax M3 QualityKindContextHosts
DeepSeek V3.2 DeepSeek $0.2413
StreamLake
43% cheaper 60/100 reasoning
open weights
164k 16
Claude Haiku 4.5 Anthropic $2.00
Anthropic
376% dearer 60/100 reasoning 200k 8
Gemini 3.5 Flash Lite Google $0.4250
Google
1% dearer 100/100 reasoning 1.05M 7
Qwen3 VL 235B A22B Thinking Alibaba $1.21
DeepInfra
188% dearer 100/100 reasoning
open weights
131k 4
GPT-5.4 Nano OpenAI $0.4625
OpenAI
10% dearer 40/100 reasoning 400k 3
Mistral Small 4 Mistral $0.2625
Mistral
38% cheaper 40/100 reasoning 262k 2
Kimi K2.5 MoonshotAI $0.7875
DigitalOcean
88% dearer 75/100 reasoning
open weights
262k 14
MiMo-V2.5 Xiaomi $0.1750
Xiaomi
58% cheaper 100/100 reasoning
open weights
1.05M 5

Prices are the cheapest host for each model, blended at a 3:1 input:output ratio. "Quality" is our own probe suite where we have run it — see what it measures. A cheaper alternative is only a real saving if it also passes on the capability your workload needs.

3 of these alternatives cost less than MiniMax M3 — the cheapest being MiMo-V2.5 at $0.1750 per 1M tokens blended (58% cheaper).

Cheaper is not automatically better: check the quality column, and confirm the context window and capabilities your workload depends on before switching.

Before you switch

Identical weights do not guarantee identical output. Check that the cheaper host serves the model at full precision rather than a quantised copy, that its context window matches what you need, and that its rate limits carry your peak traffic. A cheaper host that cannot take your throughput is not cheaper — it is an outage.

Move to GMICloud without a rewrite

VernaOne fronts every provider on this page with one API, so switching host is a config change — with automatic fallback if quality or latency regresses.

Try VernaOne free →

Frequently asked

How much does MiniMax M3 cost?

The cheapest standard-tier provider is GMICloud at $0.4200 per 1M tokens blended (3:1 input:output). A batch tier is available at $0.2625, 38% less, if the work can be collected later. The dearest is Novita at $0.5250 — a 1.3× difference for the same weights. Prices change often; verify with the provider before budgeting.

Which provider is best for MiniMax M3?

Cheapest is not automatically best. Compare quantisation (a lossy copy of the weights changes output), the context window each host actually serves, and rate limits. Where a provider serves less context than the model's native window we flag it in the table above.

Can I switch providers for MiniMax M3 without changing code?

Yes, if you route through an abstraction. VernaOne exposes one API across every provider listed here, so switching host is a config change and you keep automatic fallback if the new one degrades.

← All models · Generated catalog of AI models and every provider that serves them, with normalised prices in USD per 1,000,000 tokens. Blended prices assume a 3:1 input:output ratio.