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DeepSeek V3 vs MiniMax M2

Updated October 21, 2026. 7 benchmarks have a result for both. Coding is ranked on the Vibe Coding Index; every other board is shown as published.

DeepSeek V3DeepSeek
Coding
70.2
Overall
No data
Output $/M
$1.0287
0
MiniMax M2MiniMax
Coding
45.3
Overall
18.6
Output $/M
$1.02
7
vs boards won of 7 shared

Decision reading

DeepSeek V3 scores 70.2 and MiniMax M2 45.3 on the Vibe Coding Index, but no coding benchmark measured both, so the gap is directional, not a ranking.

Pick MiniMax M2 when output tokens cost 1.0x less, or when the context window is larger, 205K against 164K tokens.

Shared results
7
DeepSeek V3 only
6
MiniMax M2 only
42
Like-for-like categories
1 of 9

Shared results can support a head-to-head reading. Results only one model has describe coverage, not superiority.

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 70.2 from 1 benchmark, MiniMax M2 45.3 from 2 benchmarks.
Widest category
Web design, 6.1 points apart on average over 7 shared benchmarks.
Widest single gap
Design Arena: SVG: DeepSeek V3 976 against MiniMax M2 1098, 15.3 points apart on a 0 to 100 scale.
Output price
DeepSeek V3 $1.0287 against MiniMax M2 $1.02 per million output tokens, 1.0x apart.
Context window
DeepSeek V3 takes 164K tokens, MiniMax M2 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 V3BarsMiniMax M2Ties
Web design07
All shared boards07
CodingDirectional onlyFour of these boards feed the Vibe Coding Index10 boards, none shared
Coding benchmarks for DeepSeek V3 and MiniMax M2
BenchmarkDeepSeek V3MiniMax M2Leader
Aider polyglot70.2%Not measuredOnly DeepSeek V3 measured
SWE-bench VerifiedNot measured61.0%Only MiniMax M2 measured
SWE-bench Lite30.7%Not measuredOnly DeepSeek V3 measured
LMArena WebDevNot measured1297Only MiniMax M2 measured
LiveCodeBench (Artificial Analysis run)Not measured82.6%Only MiniMax M2 measured
Terminal-Bench Hard (Artificial Analysis run)Not measured25.8%Only MiniMax M2 measured
Terminal-BenchNot measured30.0%Only MiniMax M2 measured
LMArena Text: codingNot measured1371Only MiniMax M2 measured
LMArena Text: software and ITNot measured1373Only MiniMax M2 measured
LMArena WebDev: HTMLNot measured1306Only MiniMax M2 measured
Neither model has a result on the other 28 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index1 board, none shared
Intelligence benchmarks for DeepSeek V3 and MiniMax M2
BenchmarkDeepSeek V3MiniMax M2Leader
AA Intelligence IndexNot measured18.6Only MiniMax M2 measured
Neither model has a result on the other 1 board here
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
Agentic work benchmarks for DeepSeek V3 and MiniMax M2
BenchmarkDeepSeek V3MiniMax M2Leader
τ²-Bench TelecomNot measured86.8%Only MiniMax M2 measured
Vending-Bench 2Not measured$161Only MiniMax M2 measured
Neither model has a result on the other 37 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index6 boards, none shared
Reasoning benchmarks for DeepSeek V3 and MiniMax M2
BenchmarkDeepSeek V3MiniMax M2Leader
GPQA Diamond (Artificial Analysis run)Not measured77.7%Only MiniMax M2 measured
Humanity's Last Exam (Artificial Analysis run)Not measured13.7%Only MiniMax M2 measured
GPQA Diamond (Epoch AI run)71.2%Not measuredOnly DeepSeek V3 measured
LMArena Text: hard promptsNot measured1357Only MiniMax M2 measured
LMArena Text: expertNot measured1338Only MiniMax M2 measured
LMArena Text: hard prompts in EnglishNot measured1376Only MiniMax M2 measured
Neither model has a result on the other 15 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index5 boards, none shared
Math benchmarks for DeepSeek V3 and MiniMax M2
BenchmarkDeepSeek V3MiniMax M2Leader
AA Math IndexNot measured78.3Only MiniMax M2 measured
AIME 2025 (Artificial Analysis run)Not measured78.3%Only MiniMax M2 measured
OTIS Mock AIME48.9%Not measuredOnly DeepSeek V3 measured
LMArena Text: mathNot measured1351Only MiniMax M2 measured
LMArena Text: mathematical workNot measured1368Only MiniMax M2 measured
Neither model has a result on the other 8 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index5 boards, none shared
Knowledge benchmarks for DeepSeek V3 and MiniMax M2
BenchmarkDeepSeek V3MiniMax M2Leader
MMLU Pro (Artificial Analysis run)Not measured82.0%Only MiniMax M2 measured
LMArena Text: scienceNot measured1348Only MiniMax M2 measured
LMArena Text: medicine and healthcareNot measured1367Only MiniMax M2 measured
LMArena Text: legal and governmentNot measured1349Only MiniMax M2 measured
LMArena Text: business and financeNot measured1336Only MiniMax M2 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 and MiniMax M2
BenchmarkDeepSeek V3MiniMax M2Leader
Design Arena: websites11201144MiniMax M2
Design Arena: UI components10931136MiniMax M2
Design Arena: game dev10541119MiniMax M2
Design Arena: data viz10891140MiniMax M2
Design Arena: 3D10871098MiniMax M2
Design Arena: all code categories11081135MiniMax M2
Design Arena: SVG9761098MiniMax M2
Neither model has a result on the other 2 boards here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index19 boards, none shared
General benchmarks for DeepSeek V3 and MiniMax M2
BenchmarkDeepSeek V3MiniMax M2Leader
IFBenchNot measured72.3%Only MiniMax M2 measured
Long context reasoning (AA-LCR)Not measured64.3%Only MiniMax M2 measured
DTBench62.7%Not measuredOnly DeepSeek V3 measured
LMCA15.2%Not measuredOnly DeepSeek V3 measured
LMArena TextNot measured1340Only MiniMax M2 measured
LMArena Text: instruction followingNot measured1329Only MiniMax M2 measured
LMArena Text: creative writingNot measured1286Only MiniMax M2 measured
LMArena Text: EnglishNot measured1364Only MiniMax M2 measured
LMArena Text: non-EnglishNot measured1313Only MiniMax M2 measured
LMArena Text: ChineseNot measured1366Only MiniMax M2 measured
LMArena Text: GermanNot measured1357Only MiniMax M2 measured
LMArena Text: FrenchNot measured1336Only MiniMax M2 measured
LMArena Text: SpanishNot measured1326Only MiniMax M2 measured
LMArena Text: RussianNot measured1330Only MiniMax M2 measured
LMArena Text: PolishNot measured1312Only MiniMax M2 measured
LMArena Text: multi-turnNot measured1361Only MiniMax M2 measured
LMArena Text: longer queriesNot measured1331Only MiniMax M2 measured
LMArena Text: writing and languageNot measured1295Only MiniMax M2 measured
LMArena Text: entertainment and mediaNot measured1298Only MiniMax M2 measured
Neither model has a result on the other 27 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for DeepSeek V3 and MiniMax M2
BenchmarkDeepSeek V3MiniMax M2Leader
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$0.0008Fits in one request
MiniMax M2$0.0008Fits in one request

MiniMax M2 costs less

Repository review

50K input + 3K output tokens

DeepSeek V3$0.016Fits in one request
MiniMax M2$0.016Fits in one request

MiniMax M2 costs less

Agent loop

200K input + 10K output tokens

DeepSeek V3$0.062Exceeds the context window
MiniMax M2$0.061Exceeds the context window

MiniMax M2 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 and MiniMax M2
SpecificationDeepSeek V3MiniMax M2
MakerDeepSeekMiniMax
WeightsOpen weightsOpen weights
ReleasedDecember 26, 2024October 23, 2025
Context window164K205K
Input $/Mtok$0.2574$0.255
Output $/Mtok$1.0287$1.02
Coding index70.245.3
Independent measurements behind it12
Cost per solved taskNot computable$0.702
SourceOpenRouter listingOpenRouter listing

Questions

Is DeepSeek V3 better than MiniMax M2 for coding?

DeepSeek V3 scores 70.2 and MiniMax M2 45.3 on the Vibe Coding Index, but no coding benchmark measured both, so the gap is directional, not a ranking. Pick MiniMax M2 when output tokens cost 1.0x less, or when the context window is larger, 205K against 164K tokens.

Which is cheaper, DeepSeek V3 or MiniMax M2?

DeepSeek V3 costs $0.2574 per million input tokens and $1.0287 per million output tokens; MiniMax M2 costs $0.255 and $1.02. Cost per solved task is known for MiniMax M2 only.

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

MiniMax M2, with 205K tokens against 164K.

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

7 benchmarks have a result for both models as of October 21, 2026. DeepSeek V3's coding index rests on 1 independent benchmark and MiniMax M2's on 2. Where only one model has a result, the page says so instead of naming a winner.

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