MiniMax M3 is cheaper than Mistral Medium 3.1 at $0.3/M vs $0.4/M input tokens.
| Spec | MiniMax M3 | Mistral Medium 3.1 |
|---|---|---|
| Input price | $0.3/M tokens | $0.4/M tokens |
| Output price | $1.2/M tokens | $2/M tokens |
| Context window | 1.0M tokens | 131K tokens |
| Weights | Open | — |
| Free API (OpenRouter) | No | No |
| Released | Jun 2026 | Aug 2025 |
Not enough votes to call it. On the specs, MiniMax M3 has the edge: newer, bigger context window.
MiniMax M3 is cheaper on both: 1.3× input, 1.7× output.
Per million tokens. Prices and uptime via OpenRouter, checked 8 Sep 2026.
Mistral Medium 3.1 uses 5.9x more transitions