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MiniMax

MiniMax M3 API pricing.

MiniMax M3 is MiniMax’s model on the API market, released 31 May 2026. Prices are per million tokens in USD, as last read from the price list.

$0.30Input / 1M
$1.20Output / 1M
1.0MContext
512KMax output
Capability scores
Epoch AI
Maths1 of 4 benchmarks71
Science and knowledge1 of 2 benchmarks88
CodingNot tested by Epoch
Reasoning and puzzles2 of 2 benchmarks4
Agents and long tasksNot tested by Epoch

Each bar is this model's score in that area. The white tick marks the best score any model Epoch has tested reaches there.

Epoch Capabilities Index
147
Range 142 to 150 · #75 of 271 models Epoch has scored
Maths
71average of 1 of 4 Epoch results
OTIS Mock AIME71%
Science and knowledge
88average of 1 of 2 Epoch results
GPQA Diamond91%
Reasoning and puzzles
4average of 2 of 2 Epoch results
Chess puzzles13%
Mystery game puzzles (none)8.0%

The index combines many benchmarks into one general-capability score; the range is how sure Epoch is of the number. Each area score is this site's average of the model's Epoch results in that area, where 0 is what guessing would score and 100 is perfect. Compare every model, and value for money →

Source: Epoch AI, Capabilities & benchmarking (licensed CC BY 4.0). Data refreshed 2 November 2026. These are Epoch's own tests; other benchmark sites can rank models differently.

Cheaper models that come close
Our working on Epoch's index
  1. GLM-5.3-Flash · Z.ai (Zhipu AI)index 153.22 · 92% cheaper
  2. Qwen3.7 Flash · Alibabaindex 144.14 (3 below) · 90% cheaper
  3. Qwen 3.5 Flash (hosted 35B-A3B) · Alibabaindex 143.61 (3 below) · 78% cheaper
  4. DeepSeek V4 Flash 0731 · DeepSeekindex 154.94 · 72% cheaper

Models within 5 points of MiniMax M3 on Epoch's Capabilities Index that cost less, comparing a typical chat mix (three parts input to one part output). A few points of index is a small difference and says nothing about your task: a place to start testing, not a verdict. Capability against price for every model.

Specification
USD per million tokens
Provider
MiniMax
Model id
minimax/minimax-m3
Input
$0.30
Output
$1.20
Cached input
$0.060
Context window
1.0M tokens
Maximum output
512K tokens
Takes
text, image, video
Returns
text
Tool use
Yes
Reasoning
Yes
Released
31 May 2026
First tracked
17 Sept 2026

At $0.30 per million input tokens, MiniMax M3 is dearer than 143 of the 340 models on the price list.

Price changes
Tracked since 17 Sept 2026

No price change has been recorded since tracking began on 17 Sept 2026. Prices are checked every six hours, and any change is listed here and on model changes.

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More from MiniMax
Cheapest input first
  1. MiniMax M3.1 Flash$0.15 in · $0.60 out
  2. MiniMax-01$0.20 in · $1.10 out
  3. MiniMax M2$0.26 in · $1.02 out
  4. MiniMax M2.5$0.27 in · $0.95 out
  5. MiniMax M2.7$0.30 in · $1.20 out
  6. MiniMax M2-her$0.30 in · $1.20 out
  7. MiniMax M2.1$0.30 in · $1.20 out
  8. MiniMax M1$0.55 in · $2.20 out

Prices and specifications come from OpenRouter’s catalogue, last read 2 Nov 2026. A provider’s own price may differ; how this is collected.