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DeepSeek V3.1 vs MiniMax M2.1

MiniMax M2.1 leads DeepSeek V3.1 on the Artificial Analysis Intelligence Index, 20.9 to 13.7, and MiniMax M2.1 costs 1.3x less per output token ($1.20 vs $1.50 per million). Updated October 22, 2026; 8 benchmarks have a result for both.

DeepSeek V3.1DeepSeek
Coding
No data
Overall
No data
Output $/M
$1.50
0
MiniMax M2.1MiniMax
Coding
No data
Overall
No data
Output $/M
$1.20
8
vs boards won of 8 shared

DeepSeek V3.1 or MiniMax M2.1: which to pick

Neither model has a coding score yet, so the two cannot be ranked on coding.

Pick DeepSeek V3.1 for work measured by AA Intelligence Index or Design Arena: websites, where it leads.

Shared results
8
DeepSeek V3.1 only
3
MiniMax M2.1 only
26
Like-for-like categories
2 of 9

Only benchmarks that tested both models count toward a pick; a result only one model has is shown but not compared.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
DeepSeek V3.1 not benchmarked, MiniMax M2.1 not benchmarked.
Widest category
Web design, 12.6 points apart on average over 7 shared benchmarks.
Widest single gap
Design Arena: SVG: DeepSeek V3.1 967 against MiniMax M2.1 1131, 20.5 points apart on a 0 to 100 scale.
Output price
DeepSeek V3.1 $1.50 against MiniMax M2.1 $1.20 per million output tokens, 1.3x apart.
Context window
DeepSeek V3.1 takes 164K tokens, MiniMax M2.1 205K.

Benchmark by benchmark

First the score: boards each model leads, per category, where both have a result. Then every board, a category to a fold; bars are each result on a 0 to 100 scale, so compare the two in a row, not one row with another.

Boards won, where both have a result
CategoryDeepSeek V3.1BarsMiniMax M2.1Ties
Intelligence01
Web design07
All shared boards08
CodingDirectional onlySix of these boards feed the Vibe Coding Index6 boards, none shared
Coding benchmarks for DeepSeek V3.1 and MiniMax M2.1
BenchmarkDeepSeek V3.1MiniMax M2.1Leader
LiveCodeBench (Vals AI)Not measured81.8%Only MiniMax M2.1 measured
SWE-bench Verified (Vals AI)Not measured74.8%Only MiniMax M2.1 measured
LiveCodeBench (Artificial Analysis run)Not measured81.0%Only MiniMax M2.1 measured
Terminal-Bench Hard (Artificial Analysis run)Not measured28.8%Only MiniMax M2.1 measured
Terminal-BenchNot measured36.6%Only MiniMax M2.1 measured
ALE-BenchNot measured623.8Only MiniMax M2.1 measured
Neither model has a result on the other 37 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for DeepSeek V3.1 and MiniMax M2.1
BenchmarkDeepSeek V3.1MiniMax M2.1Leader
AA Intelligence Index13.720.9MiniMax M2.1
Neither model has a result on the other 1 board here
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index1 board, none shared
Agentic work benchmarks for DeepSeek V3.1 and MiniMax M2.1
BenchmarkDeepSeek V3.1MiniMax M2.1Leader
τ²-Bench TelecomNot measured85.4%Only MiniMax M2.1 measured
Neither model has a result on the other 41 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index4 boards, none shared
Reasoning benchmarks for DeepSeek V3.1 and MiniMax M2.1
BenchmarkDeepSeek V3.1MiniMax M2.1Leader
GPQA DiamondNot measured78.5%Only MiniMax M2.1 measured
GPQA Diamond (Artificial Analysis run)Not measured83.0%Only MiniMax M2.1 measured
Humanity's Last Exam (Artificial Analysis run)Not measured23.2%Only MiniMax M2.1 measured
Kagi LLM Benchmark53.2%Not measuredOnly DeepSeek V3.1 measured
Neither model has a result on the other 19 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index5 boards, none shared
Math benchmarks for DeepSeek V3.1 and MiniMax M2.1
BenchmarkDeepSeek V3.1MiniMax M2.1Leader
AIMENot measured77.9%Only MiniMax M2.1 measured
MATH 500 (Vals AI)Not measured89.0%Only MiniMax M2.1 measured
MGSM (Vals AI)Not measured87.8%Only MiniMax M2.1 measured
AA Math IndexNot measured82.7Only MiniMax M2.1 measured
AIME 2025 (Artificial Analysis run)Not measured82.7%Only MiniMax M2.1 measured
Neither model has a result on the other 9 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
Knowledge benchmarks for DeepSeek V3.1 and MiniMax M2.1
BenchmarkDeepSeek V3.1MiniMax M2.1Leader
MMLU ProNot measured87.0%Only MiniMax M2.1 measured
LegalBench (Vals AI)Not measured75.5%Only MiniMax M2.1 measured
CaseLaw (Vals AI)Not measured55.8%Only MiniMax M2.1 measured
CorpFin (Vals AI)Not measured58.9%Only MiniMax M2.1 measured
TaxEval (Vals AI)Not measured66.3%Only MiniMax M2.1 measured
MedQA (Vals AI)Not measured91.2%Only MiniMax M2.1 measured
MedCode (Vals AI)Not measured34.1%Only MiniMax M2.1 measured
MMLU Pro (Artificial Analysis run)Not measured87.5%Only MiniMax M2.1 measured
Neither model has a result on the other 12 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index07
Web design benchmarks for DeepSeek V3.1 and MiniMax M2.1
BenchmarkDeepSeek V3.1MiniMax M2.1Leader
Design Arena: websites11221201MiniMax M2.1
Design Arena: UI components10831220MiniMax M2.1
Design Arena: game dev10841134MiniMax M2.1
Design Arena: data viz10961206MiniMax M2.1
Design Arena: 3D10771164MiniMax M2.1
Design Arena: all code categories11121190MiniMax M2.1
Design Arena: SVG9671131MiniMax M2.1
Neither model has a result on the other 2 boards here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index5 boards, none shared
General benchmarks for DeepSeek V3.1 and MiniMax M2.1
BenchmarkDeepSeek V3.1MiniMax M2.1Leader
MedScribe (Vals AI)Not measured80.8%Only MiniMax M2.1 measured
IFBenchNot measured69.9%Only MiniMax M2.1 measured
Long context reasoning (AA-LCR)Not measured67.7%Only MiniMax M2.1 measured
DTBench82.7%Not measuredOnly DeepSeek V3.1 measured
LMCA24.3%Not measuredOnly DeepSeek V3.1 measured
Neither model has a result on the other 43 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for DeepSeek V3.1 and MiniMax M2.1
BenchmarkDeepSeek V3.1MiniMax M2.1Leader
Neither model has a result on 5 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

DeepSeek V3.1$0.0013Fits in one request
MiniMax M2.1$0.0009Fits in one request

MiniMax M2.1 costs less

Repository review

50K input + 3K output tokens

DeepSeek V3.1$0.032Fits in one request
MiniMax M2.1$0.019Fits in one request

MiniMax M2.1 costs less

Agent loop

200K input + 10K output tokens

DeepSeek V3.1$0.125Exceeds the context window
MiniMax M2.1$0.072Exceeds the context window

MiniMax M2.1 costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of DeepSeek V3.1 and MiniMax M2.1
SpecificationDeepSeek V3.1MiniMax M2.1
MakerDeepSeekMiniMax
WeightsOpen weightsOpen weights
ReleasedAugust 21, 2025December 23, 2025
Context window164K205K
Input $/Mtok$0.55$0.30
Output $/Mtok$1.50$1.20
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it01
Cost per solved taskNot computable$0.59
SourceOpenRouter listingOpenRouter listing

Questions

Is DeepSeek V3.1 better than MiniMax M2.1 for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick DeepSeek V3.1 for work measured by AA Intelligence Index or Design Arena: websites, where it leads.

Which is cheaper, DeepSeek V3.1 or MiniMax M2.1?

DeepSeek V3.1 costs $0.55 per million input tokens and $1.50 per million output tokens; MiniMax M2.1 costs $0.30 and $1.20. Cost per solved task is known for MiniMax M2.1 only.

Which has the bigger context window, DeepSeek V3.1 or MiniMax M2.1?

MiniMax M2.1, with 205K tokens against 164K.

How many benchmarks is the DeepSeek V3.1 vs MiniMax M2.1 comparison based on?

8 benchmarks have a result for both models as of October 22, 2026. DeepSeek V3.1's coding index rests on 0 independent benchmarks and MiniMax M2.1's on 1. Where only one model has a result, the page says so instead of naming a winner.

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