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GPT-5.4 Nano vs MiniMax M3

GPT-5.4 Nano leads MiniMax M3 on coding, 44.8 to 39.2 on the Vibe Coding Index, at about the same output price ($1.25 vs $1.20 per million). Updated October 22, 2026; 76 benchmarks have a result for both.

GPT-5.4 NanoOpenAI
Coding
44.8
Overall
45.7
Output $/M
$1.25
8
MiniMax M3MiniMax
Coding
39.2
Overall
51.7
Output $/M
$1.20
67
vs boards won of 76 shared, 1 tied

GPT-5.4 Nano or MiniMax M3: which to pick

Pick GPT-5.4 Nano for coding: it scores 44.8 on the Vibe Coding Index against 39.2 for MiniMax M3, though on 2 benchmarks against 6.

Pick MiniMax M3 for output tokens 1.0x cheaper ($1.20 vs $1.25 per million) and a larger context window (1.05M against 400K tokens).

Shared results
76
GPT-5.4 Nano only
9
MiniMax M3 only
41
Like-for-like categories
7 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
GPT-5.4 Nano 44.8 from 2 benchmarks, MiniMax M3 39.2 from 6 benchmarks.
Widest category
Agentic work, 13.1 points apart on average over 6 shared benchmarks.
Widest single gap
Chess puzzles: GPT-5.4 Nano 45.0% against MiniMax M3 13.0%, 32.0 points apart on a 0 to 100 scale.
Output price
GPT-5.4 Nano $1.25 against MiniMax M3 $1.20 per million output tokens, 1.0x apart.
Context window
GPT-5.4 Nano takes 400K tokens, MiniMax M3 1.05M.

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
CategoryGPT-5.4 NanoBarsMiniMax M3Ties
Coding371 tie
Intelligence02
Agentic work06
Reasoning210
Math13
Knowledge010
General229
All shared boards8671 tie
CodingLike-for-likeSix of these boards feed the Vibe Coding Index37
Coding benchmarks for GPT-5.4 Nano and MiniMax M3
BenchmarkGPT-5.4 NanoMiniMax M3Leader
LiveBench codingNot measured70.9%Only MiniMax M3 measured
LMArena WebDevNot measured1482Only MiniMax M3 measured
AA Coding Index56.158.6MiniMax M3
LiveCodeBench (Vals AI)84.0%82.2%GPT-5.4 Nano
SWE-bench Verified (Vals AI)69.8%75.0%MiniMax M3
Terminal-Bench 4 (Vals AI)Not measured1.0%Only MiniMax M3 measured
Vibe Code Bench (Vals AI)26.1%47.6%MiniMax M3
Code migration (Vals AI)14.5%19.9%MiniMax M3
Terminal-Bench 2.1 (Vals AI)41.6%53.6%MiniMax M3
SWE-bench Multimodal (Vals AI)Not measured33.3%Only MiniMax M3 measured
Vibe Code Bench 1-100 (Vals AI)Not measured9.2%Only MiniMax M3 measured
SkillsBench (Vals AI)Not measured51.5%Only MiniMax M3 measured
CyberBench (Vals AI)Not measured65.0%Only MiniMax M3 measured
SciCode47.2%47.1%GPT-5.4 Nano
Terminal-Bench Hard (Artificial Analysis run)42.4%42.4%Tie
FrontierCodeNot measured14.7%Only MiniMax M3 measured
WeirdML49.2%Not measuredOnly GPT-5.4 Nano measured
ALE-Bench1004.5640.0GPT-5.4 Nano
LMArena Text: coding14041470MiniMax M3
LMArena Text: software and IT14021466MiniMax M3
LMArena WebDev: ReactNot measured1478Only MiniMax M3 measured
LMArena WebDev: HTMLNot measured1455Only MiniMax M3 measured
LMArena WebDev: from an imageNot measured1470Only MiniMax M3 measured
Neither model has a result on the other 20 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index02
Intelligence benchmarks for GPT-5.4 Nano and MiniMax M3
BenchmarkGPT-5.4 NanoMiniMax M3Leader
AA Intelligence Index20.729.2MiniMax M3
Epoch Capabilities Index146.0146.9MiniMax M3
Agentic workLike-for-likePublic boards, shown as published, kept out of the index06
Agentic work benchmarks for GPT-5.4 Nano and MiniMax M3
BenchmarkGPT-5.4 NanoMiniMax M3Leader
AA Agentic Index16.029.5MiniMax M3
Design Arena: agents building web appsNot measured1200Only MiniMax M3 measured
Design Arena: agents building full-stack appsNot measured1197Only MiniMax M3 measured
Design Arena: agents building mobile appsNot measured1169Only MiniMax M3 measured
Design Arena: agents building Android appsNot measured1158Only MiniMax M3 measured
Design Arena: agents building gamesNot measured1159Only MiniMax M3 measured
Design Arena: HTML slidesNot measured1120Only MiniMax M3 measured
Design Arena: PowerPoint slidesNot measured1178Only MiniMax M3 measured
Design Arena: spreadsheetsNot measured1042Only MiniMax M3 measured
LiveBench researchNot measured68.0%Only MiniMax M3 measured
LiveBench browserNot measured8.0%Only MiniMax M3 measured
LiveBench long agenticNot measured12.4%Only MiniMax M3 measured
Finance Agent (Vals AI)38.2%48.3%MiniMax M3
Tax Agent Bench (Vals AI)5.0%20.6%MiniMax M3
Legal Research Bench (Vals AI)6.3%29.8%MiniMax M3
Excel Modeling Benchmark (Vals AI)44.8%47.8%MiniMax M3
τ²-Bench Telecom76.0%88.9%MiniMax M3
APEX-AgentsNot measured37.7%Only MiniMax M3 measured
OSWorld 2.0Not measured4.6%Only MiniMax M3 measured
Vending-Bench 2Not measured$2,158Only MiniMax M3 measured
Neither model has a result on the other 22 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index210
Reasoning benchmarks for GPT-5.4 Nano and MiniMax M3
BenchmarkGPT-5.4 NanoMiniMax M3Leader
GPQA Diamond77.5%92.7%MiniMax M3
LiveBench reasoningNot measured74.5%Only MiniMax M3 measured
MMMU Pro (Vals AI)73.6%81.2%MiniMax M3
GPQA Diamond (Artificial Analysis run)81.7%92.9%MiniMax M3
Humanity's Last Exam (Artificial Analysis run)28.3%39.0%MiniMax M3
GPQA Diamond (Epoch AI run)78.5%90.9%MiniMax M3
ARC-AGI51.5%Not measuredOnly GPT-5.4 Nano measured
ARC-AGI-25.7%Not measuredOnly GPT-5.4 Nano measured
SimpleBenchNot measured45.8%Only MiniMax M3 measured
Chess puzzles45.0%13.0%GPT-5.4 Nano
Mystery game puzzles9.0%8.0%GPT-5.4 Nano
LMArena Text: hard prompts13811447MiniMax M3
LMArena Text: expert13961461MiniMax M3
LMArena Text: hard prompts in English13871455MiniMax M3
LMArena Vision: diagrams12101266MiniMax M3
LMArena Vision: homework12251268MiniMax M3
Kagi LLM Benchmark39.7%Not measuredOnly GPT-5.4 Nano measured
Neither model has a result on the other 6 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index13
Math benchmarks for GPT-5.4 Nano and MiniMax M3
BenchmarkGPT-5.4 NanoMiniMax M3Leader
AIME88.8%Not measuredOnly GPT-5.4 Nano measured
OTIS Mock AIME87.8%71.1%GPT-5.4 Nano
FrontierMath, tiers 1 to 344.9%Not measuredOnly GPT-5.4 Nano measured
FrontierMath, tier 412.2%Not measuredOnly GPT-5.4 Nano measured
ProofBench5.0%18.0%MiniMax M3
LMArena Text: math14051429MiniMax M3
LMArena Text: mathematical work14091448MiniMax M3
Neither model has a result on the other 7 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index010
Knowledge benchmarks for GPT-5.4 Nano and MiniMax M3
BenchmarkGPT-5.4 NanoMiniMax M3Leader
MMLU Pro77.2%84.2%MiniMax M3
LegalBench (Vals AI)77.9%85.4%MiniMax M3
CaseLaw (Vals AI)51.9%Not measuredOnly GPT-5.4 Nano measured
CorpFin (Vals AI)61.2%68.1%MiniMax M3
TaxEval (Vals AI)67.4%72.7%MiniMax M3
MortgageTax (Vals AI)59.1%68.4%MiniMax M3
MedCode (Vals AI)41.0%46.3%MiniMax M3
SimpleQA Verified11.7%Not measuredOnly GPT-5.4 Nano measured
LMArena Text: science13741452MiniMax M3
LMArena Text: medicine and healthcare13691441MiniMax M3
LMArena Text: legal and government13681437MiniMax M3
LMArena Text: business and finance13661434MiniMax M3
Neither model has a result on the other 8 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index9 boards, none shared
Web design benchmarks for GPT-5.4 Nano and MiniMax M3
BenchmarkGPT-5.4 NanoMiniMax M3Leader
Design Arena: websitesNot measured1257Only MiniMax M3 measured
Design Arena: UI componentsNot measured1243Only MiniMax M3 measured
Design Arena: game devNot measured1210Only MiniMax M3 measured
Design Arena: data vizNot measured1236Only MiniMax M3 measured
Design Arena: 3DNot measured1208Only MiniMax M3 measured
Design Arena: all code categoriesNot measured1246Only MiniMax M3 measured
Design Arena: SVGNot measured1160Only MiniMax M3 measured
Design Arena: ASCII artNot measured1161Only MiniMax M3 measured
LiveBench designNot measured66.2%Only MiniMax M3 measured
GeneralLike-for-likePublic boards, shown as published, kept out of the index229
General benchmarks for GPT-5.4 Nano and MiniMax M3
BenchmarkGPT-5.4 NanoMiniMax M3Leader
LiveBench data analysisNot measured76.2%Only MiniMax M3 measured
Public Benefits Bench (Vals AI)Not measured64.1%Only MiniMax M3 measured
SAGE (Vals AI)38.1%50.6%MiniMax M3
MedScribe (Vals AI)77.1%87.3%MiniMax M3
Vals Multimodal Index47.6%60.0%MiniMax M3
IFBench75.9%82.9%MiniMax M3
Long context reasoning (AA-LCR)76.7%83.0%MiniMax M3
DTBench80.3%78.9%GPT-5.4 Nano
LMCA36.9%33.7%GPT-5.4 Nano
Surface Evolver BenchNot measured55.0%Only MiniMax M3 measured
LMArena Text13721433MiniMax M3
LMArena Text: instruction following13621433MiniMax M3
LMArena Text: creative writing13151404MiniMax M3
LMArena Vision11961251MiniMax M3
LMArena Text: English13811443MiniMax M3
LMArena Text: non-English13591420MiniMax M3
LMArena Text: Chinese13911466MiniMax M3
LMArena Text: German13681428MiniMax M3
LMArena Text: Japanese13431380MiniMax M3
LMArena Text: Korean13211373MiniMax M3
LMArena Text: French13951444MiniMax M3
LMArena Text: Spanish13711433MiniMax M3
LMArena Text: Russian13631426MiniMax M3
LMArena Text: Polish13661423MiniMax M3
LMArena Text: multi-turn13821443MiniMax M3
LMArena Text: longer queries13651446MiniMax M3
LMArena Text: writing and language13381419MiniMax M3
LMArena Text: entertainment and media13251403MiniMax M3
LMArena Vision: English12021263MiniMax M3
LMArena Vision: Chinese12321311MiniMax M3
LMArena Vision: reading text12041259MiniMax M3
LMArena Vision: humor11611235MiniMax M3
LMArena Vision: recognizing things11411197MiniMax M3
LMArena Vision: creative writing11591234MiniMax M3
LMArena DocumentNot measured1435Only MiniMax M3 measured
EQ-Bench 4Not measured1150Only MiniMax M3 measured
Neither model has a result on the other 12 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for GPT-5.4 Nano and MiniMax M3
BenchmarkGPT-5.4 NanoMiniMax M3Leader
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

GPT-5.4 Nano$0.0008Fits in one request
MiniMax M3$0.0009Fits in one request

GPT-5.4 Nano costs less

Repository review

50K input + 3K output tokens

GPT-5.4 Nano$0.014Fits in one request
MiniMax M3$0.019Fits in one request

GPT-5.4 Nano costs less

Agent loop

200K input + 10K output tokens

GPT-5.4 Nano$0.052Fits in one request
MiniMax M3$0.072Fits in one request

GPT-5.4 Nano 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 GPT-5.4 Nano and MiniMax M3
SpecificationOpenAI GPT-5.4 NanoMiniMax M3
MakerOpenAIMiniMax
WeightsNo public weights listedOpen weights
ReleasedMarch 17, 2026May 31, 2026
Context window400K1.05M
Input $/Mtok$0.20$0.30
Output $/Mtok$1.25$1.20
Coding index44.839.2
Independent measurements behind it26
Cost per solved task$0.14$0.56
SourceOpenRouter listingOpenRouter listing

Questions

Is GPT-5.4 Nano better than MiniMax M3 for coding?

Pick GPT-5.4 Nano for coding: it scores 44.8 on the Vibe Coding Index against 39.2 for MiniMax M3, though on 2 benchmarks against 6. Pick MiniMax M3 for output tokens 1.0x cheaper ($1.20 vs $1.25 per million) and a larger context window (1.05M against 400K tokens).

Which is cheaper, GPT-5.4 Nano or MiniMax M3?

GPT-5.4 Nano costs $0.20 per million input tokens and $1.25 per million output tokens; MiniMax M3 costs $0.30 and $1.20. Per solved SWE-bench Verified task, GPT-5.4 Nano costs $0.14 and MiniMax M3 $0.56.

Which has the bigger context window, GPT-5.4 Nano or MiniMax M3?

MiniMax M3, with 1.05M tokens against 400K.

How many benchmarks is the GPT-5.4 Nano vs MiniMax M3 comparison based on?

76 benchmarks have a result for both models as of October 22, 2026. GPT-5.4 Nano's coding index rests on 2 independent benchmarks and MiniMax M3's on 6. Where only one model has a result, the page says so instead of naming a winner.

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