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MiniMax-M3

minimax·minimax/minimax-m3·Deprecated·Open weights·minimax series
MiniMax multimodal model for long-context coding, perception, and agent planning

MiniMax-M3 is offered by 53 providers on this page. Public prices are shown for 47 of them. Its official list price is $0.30 per 1M input tokens and $1.20 per 1M output tokens. The lowest paid channel is Vultr at $0.20 / $0.90 per 1M, about 3.6× below the list price. It also has 2 free ($0) channels and 4 covered by a paid subscription; free tiers usually carry rate limits, and subscription-covered access bills $0 per token only after the subscription fee.

Artificial Analysis rates it 29.2 on the Intelligence Index, with 58.6 for coding and 29.5 for agentic tasks. Against its lowest blended price of $0.375 per 1M, that is roughly 78 index points per dollar, which is the value ratio the leaderboards rank on. Median output speed is 97 tokens per second, with 2.03s to the first token. Running one task of the Artificial Analysis suite costs about $0.5076, which reflects how many tokens its reasoning consumes rather than the unit price alone.

The context window is 1,000,000 tokens at the reference host, but hosts report different limits, from 262,144 to 1,048,576, so the usable window depends on the provider you pick. It supports reasoning, tool use, and structured output. Accepted input modalities are Text, Image, Video, and PDF. The weights are open, so it can also be self-hosted or served through a gateway of your choice. Providers report the capability flags inconsistently, so verify a specific feature against the host you plan to use. Its training knowledge cuts off at 2025-01.

Specs & pricing

Input / output per 1M tokens
Official price·MiniMax (minimax.cn)
$0.30 / $1.20
Blended $0.53 · Cache read $0.06
Lowest paid·VultrCloud
$0.20 / $0.90
Blended $0.38 · 3.6× spread
2 more $0 channels
Context
1,000,000
Output limit
512,000
Knowledge cutoff
2025-01
Released / updated
2026-06-01 / 2026-06-01
Capabilities
✓ Reasoning✓ Tool use✓ Structured output✓ Temperature✓ Attachments
⚠ Providers report capability flags inconsistently
Modalities
TextImageVideoPDF
Weights
Hugging Face

Quality & performanceArtificial Analysis · Intelligence Index v4.3

Intelligence29.2
Value78
Coding58.6
Agentic29.5
Output speed97 tok/s
TTFT2.03 s
Cost per task$0.51
Value formulaIQ 29.2 ÷ min blended $0.375 = 78

Quality is independently evaluated by Artificial Analysis. Speed/latency are model-level medians.

Available at 53 providers47 with public prices · 2 free · 4 subscription-covered

ProviderTierInputOutputCache readCache writeContextOutput limitStatus
MiniMax Token Plan (minimax.io)
MiniMax-M3
GatewaySubscription$0$01,048,576 ⚠512,000
MiniMax Token Plan (minimax.cn)
MiniMax-M3
GatewaySubscription$0$01,048,576 ⚠512,000
Volcengine Ark Coding PlanGatewaySubscription$0—1,048,576 ⚠512,000
SCNet Token Plan
MiniMax-M3
GatewaySubscription$0—1,048,576 ⚠512,000
NvidiaCloudFree——1,000,00016,384deprecated
KenariGatewayFree——1,048,576 ⚠512,000
VultrCloud$0.20$0.90——524,288 ⚠512,000
EmpirioLabs AIGateway$0.23
tiered >512K: $0.45
$0.90$0.045—1,000,000524,288
CoreWeave
MiniMaxAI/MiniMax-M3
Cloud$0.23$0.96$0.05—262,144 ⚠262,144
Vancine
MiniMax-M3
Gateway$0.24$0.96$0.048—1,048,576 ⚠512,000
MiniMax (minimax.cn)Official
MiniMax-M3
First-party$0.30
tiered >512K: $0.60
$1.20$0.06—1,000,000512,000

Sorted by blended price (input×0.75 + output×0.25) asc. The official channel always shows regardless of rank. Whether a gateway's low price is actually usable can't be verified.

Reasoning control

Toggle (on / off)budget_tokens ≥ 1 ≤ 128,000effort = noneeffort = higheffort = loweffort = mediumeffort = maxeffort = minimaleffort = xhigh

Interleaved thinking (reasoning between tool calls) is declared by 12 of 53 providers.

15 / 53 providers expose no reasoning control (reasoning_options: []).

Experimental modes1 items

ModeProviderInputOutputCache readCache write
priorityFireworks AI$0.45$1.80$0.09—

Your usage cost

1EmpirioLabs AI$68.40
2CoreWeave$72.40
3Vancine$72.96
4Lilac$83.40
5Deep Infra$84.12
6Vultr$85.00
12MiniMax (minimax.cn) · Official$91.20

6 more channels offer $0 (MiniMax Token Plan (minimax.io), MiniMax Token Plan (minimax.cn), Volcengine Ark Coding Plan etc.); free tiers usually have rate limits and no SLA, excluded from ranking.

Switch to EmpirioLabs AI to save $22.80/mo (25%)
Note: this is a gateway; verify availability and rate limits yourself.

Price historyone sample accumulated per data sync

Input listOutput listMin blended
$2.40$02026-08-212026-10-012026-08-21 · Input list $0.302026-09-03 · Input list $0.602026-09-20 · Input list $0.302026-10-01 · Input list $0.302026-08-21 · Output list $1.202026-09-03 · Output list $2.402026-09-20 · Output list $1.202026-10-01 · Output list $1.202026-08-21 · Min blended $0.532026-09-03 · Min blended $0.532026-09-20 · Min blended $0.392026-10-01 · Min blended $0.38

Benchmark6 items

NameConditionsScoreMetricSource
SWE-Bench Verifiedharness: Claude Code80.5resolvedSource ↗
SWE-Bench Proharness: Claude Code59resolve rateSource ↗
Terminal-Benchv2.166success rateSource ↗
BrowseComp—83.52accuracySource ↗
MCP Atlas—74.2success rateSource ↗
OSWorld-Verified—70.06success rateSource ↗

The same benchmark scores very differently across harness / dataset, so the qualifying conditions must be shown together.

Artificial Analysis evaluations9 items

GPQA Diamond92.9%
Humanity's Last Exam39.0%
SciCode47.1%
Terminal-Bench Hard42.4%
Terminal-Bench 2.165.2%
τ²-Bench Telecom88.9%
τ³-Bench Banking15.3%
AA-LCR83.0%
IFBench82.9%

Individual evaluations run by Artificial Analysis, on the same reasoning tier as the intelligence score above. Each benchmark has its own task set and harness, so rows are not comparable with one another. The Intelligence Index above draws on a different, newer set of evaluations.

Related models

MiniMax-M3.1-Flash-Previewsame series$0 / $0MiniMax Latestsame series$0.30 / $1.20MiniMax H3 Maxsame series—GLM-5.3-Flashcheaper alternative$0.15 / $0.50DeepSeek V4.1 Flashcheaper alternative$0.15 / $0.60Qwen3.8 Flashcheaper alternative$0.15 / $0.47GPT-6 Lunacheaper alternative$0.10 / $0.50
Data partly from models.dev (MIT) · MiniMax (minimax.cn) official docs ↗