MiniMax M3 is cheaper than o3 Mini at $0.3/M vs $1.1/M input tokens.
| Spec | MiniMax M3 | o3 Mini |
|---|---|---|
| Input price | $0.3/M tokens | $1.1/M tokens |
| Output price | $1.2/M tokens | $4.4/M tokens |
| Context window | 1.0M tokens | 64K tokens |
| Weights | Open | Closed |
| Free API (OpenRouter) | No | No |
| Released | Jun 2026 | Dec 2024 |
Not enough votes to call it. On the specs, MiniMax M3 has the edge: bigger model tier, newer, bigger context window.
MiniMax M3 costs 3.7x less per token.
MiniMax M3 is cheaper on both: 3.7× input, 3.7× output.
Per million tokens. Prices and uptime via OpenRouter, checked 9 Sep 2026.
MiniMax M3 uses 115.0x more emoji