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GPT-5.4 vs MiniMax M3

GPT-5.4 leads MiniMax M3 on coding, 64.4 to 39.2 on the Vibe Coding Index, and MiniMax M3 costs 12.5x less per output token ($1.20 vs $15.00 per million). Updated October 22, 2026; 88 benchmarks have a result for both.

GPT-5.4OpenAI
Coding
64.4
Overall
69.6
Output $/M
$15.00
64
MiniMax M3MiniMax
Coding
39.2
Overall
51.7
Output $/M
$1.20
24
vs boards won of 88 shared

GPT-5.4 or MiniMax M3: which to pick

Pick GPT-5.4 for coding: it scores 64.4 on the Vibe Coding Index against 39.2 for MiniMax M3, though on 3 benchmarks against 6.

Pick MiniMax M3 for output tokens 12.5x cheaper ($1.20 vs $15.00 per million) and a lower cost per solved task ($0.56 against $1.02).

Shared results
88
GPT-5.4 only
22
MiniMax M3 only
28
Like-for-like categories
8 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 64.4 from 3 benchmarks, MiniMax M3 39.2 from 6 benchmarks.
Widest category
Math, 20.6 points apart on average over 4 shared benchmarks.
Widest single gap
ProofBench: GPT-5.4 56.0% against MiniMax M3 18.0%, 38.0 points apart on a 0 to 100 scale.
Output price
GPT-5.4 $15.00 against MiniMax M3 $1.20 per million output tokens, 12.5x apart.
Context window
GPT-5.4 takes 1.05M 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-5.4BarsMiniMax M3Ties
Coding113
Intelligence20
Agentic work25
Reasoning102
Math40
Knowledge73
Web design17
General274
All shared boards6424
CodingLike-for-likeSix of these boards feed the Vibe Coding Index113
Coding benchmarks for GPT-5.4 and MiniMax M3
BenchmarkGPT-5.4MiniMax M3Leader
LiveBench codingNot measured70.9%Only MiniMax M3 measured
LMArena WebDev14641482MiniMax M3
AA Coding Index71.158.6GPT-5.4
LiveCodeBench (Vals AI)84.1%82.2%GPT-5.4
SWE-bench Verified (Vals AI)78.2%75.0%GPT-5.4
Terminal-Bench 4 (Vals AI)Not measured1.0%Only MiniMax M3 measured
Vibe Code Bench (Vals AI)67.4%47.6%GPT-5.4
Code migration (Vals AI)35.0%19.9%GPT-5.4
ProgramBench (Vals AI)0.5%Not measuredOnly GPT-5.4 measured
Terminal-Bench 2.1 (Vals AI)Not measured53.6%Only MiniMax M3 measured
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)51.7%51.5%GPT-5.4
CyberBench (Vals AI)Not measured65.0%Only MiniMax M3 measured
SciCodeNot measured47.1%Only MiniMax M3 measured
Terminal-Bench Hard (Artificial Analysis run)57.6%42.4%GPT-5.4
Terminal-Bench81.8%Not measuredOnly GPT-5.4 measured
FrontierCodeNot measured14.7%Only MiniMax M3 measured
GSO-Bench31.4%Not measuredOnly GPT-5.4 measured
WeirdML77.7%Not measuredOnly GPT-5.4 measured
MirrorCode15.6%Not measuredOnly GPT-5.4 measured
ALE-Bench1607.0640.0GPT-5.4
LMArena Text: coding14961470GPT-5.4
LMArena Text: software and IT14911466GPT-5.4
LMArena WebDev: React14541478MiniMax M3
LMArena WebDev: HTML14781455GPT-5.4
LMArena WebDev: from an image14361470MiniMax M3
Neither model has a result on the other 12 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index20
Intelligence benchmarks for GPT-5.4 and MiniMax M3
BenchmarkGPT-5.4MiniMax M3Leader
AA Intelligence Index39.029.2GPT-5.4
Epoch Capabilities Index157.3146.9GPT-5.4
Agentic workLike-for-likePublic boards, shown as published, kept out of the index25
Agentic work benchmarks for GPT-5.4 and MiniMax M3
BenchmarkGPT-5.4MiniMax M3Leader
AA Agentic IndexNot measured29.5Only MiniMax M3 measured
Design Arena: agents building web apps10591200MiniMax M3
Design Arena: agents building full-stack apps10171197MiniMax M3
Design Arena: agents building mobile apps10871169MiniMax M3
Design Arena: agents building Android apps10311159MiniMax M3
Design Arena: agents building Godot games1135Not measuredOnly GPT-5.4 measured
Design Arena: agents building gamesNot measured1158Only MiniMax M3 measured
Design Arena: HTML slidesNot measured1130Only MiniMax M3 measured
Design Arena: PowerPoint slidesNot measured1181Only MiniMax M3 measured
Design Arena: spreadsheetsNot measured1028Only 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)Not measured48.3%Only MiniMax M3 measured
Tax Agent Bench (Vals AI)Not measured20.6%Only MiniMax M3 measured
Legal Research Bench (Vals AI)Not measured29.8%Only MiniMax M3 measured
Excel Modeling Benchmark (Vals AI)Not measured47.8%Only MiniMax M3 measured
τ²-Bench Telecom87.1%88.9%MiniMax M3
APEX-Agents52.4%37.7%GPT-5.4
METR time horizons74.3%Not measuredOnly GPT-5.4 measured
OSWorld 2.0Not measured4.6%Only MiniMax M3 measured
DeepResearch Bench35.1%Not measuredOnly GPT-5.4 measured
PostTrainBench19.0%Not measuredOnly GPT-5.4 measured
Vending-Bench 2$6,144$2,158GPT-5.4
Neither model has a result on the other 17 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index102
Reasoning benchmarks for GPT-5.4 and MiniMax M3
BenchmarkGPT-5.4MiniMax M3Leader
GPQA Diamond91.7%92.7%MiniMax M3
LiveBench reasoningNot measured74.5%Only MiniMax M3 measured
MMMU Pro (Vals AI)87.5%81.2%GPT-5.4
GPQA Diamond (Artificial Analysis run)92.0%92.9%MiniMax M3
Humanity's Last Exam (Artificial Analysis run)43.7%39.0%GPT-5.4
GPQA Diamond (Epoch AI run)93.3%90.9%GPT-5.4
ARC-AGI93.7%Not measuredOnly GPT-5.4 measured
ARC-AGI-274.0%Not measuredOnly GPT-5.4 measured
SimpleBenchNot measured45.8%Only MiniMax M3 measured
Chess puzzles48.0%13.0%GPT-5.4
Mystery game puzzles37.0%8.0%GPT-5.4
EBR-bench25.4%Not measuredOnly GPT-5.4 measured
LMArena Text: hard prompts14851447GPT-5.4
LMArena Text: expert15071461GPT-5.4
LMArena Text: hard prompts in English14791455GPT-5.4
LMArena Vision: diagrams13271266GPT-5.4
LMArena Vision: homework13361268GPT-5.4
Kagi LLM Benchmark63.8%Not measuredOnly GPT-5.4 measured
Neither model has a result on the other 4 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index40
Math benchmarks for GPT-5.4 and MiniMax M3
BenchmarkGPT-5.4MiniMax M3Leader
AIME96.7%Not measuredOnly GPT-5.4 measured
OTIS Mock AIME97.8%71.1%GPT-5.4
FrontierMath, tiers 1 to 378.6%Not measuredOnly GPT-5.4 measured
FrontierMath, tier 449.0%Not measuredOnly GPT-5.4 measured
ProofBench56.0%18.0%GPT-5.4
LMArena Text: math14881429GPT-5.4
LMArena Text: mathematical work14971448GPT-5.4
Neither model has a result on the other 6 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index73
Knowledge benchmarks for GPT-5.4 and MiniMax M3
BenchmarkGPT-5.4MiniMax M3Leader
MMLU Pro87.5%84.2%GPT-5.4
LegalBench (Vals AI)86.0%85.4%GPT-5.4
CaseLaw (Vals AI)63.8%Not measuredOnly GPT-5.4 measured
CorpFin (Vals AI)65.3%68.1%MiniMax M3
TaxEval (Vals AI)74.0%72.7%GPT-5.4
MortgageTax (Vals AI)68.3%68.4%MiniMax M3
MedQA (Vals AI)96.1%Not measuredOnly GPT-5.4 measured
MedCode (Vals AI)41.3%46.3%MiniMax M3
SimpleQA Verified45.1%Not measuredOnly GPT-5.4 measured
LMArena Text: science14791452GPT-5.4
LMArena Text: medicine and healthcare14581441GPT-5.4
LMArena Text: legal and government14861437GPT-5.4
LMArena Text: business and finance14741434GPT-5.4
Neither model has a result on the other 5 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index17
Web design benchmarks for GPT-5.4 and MiniMax M3
BenchmarkGPT-5.4MiniMax M3Leader
Design Arena: websites11981257MiniMax M3
Design Arena: UI components12121242MiniMax M3
Design Arena: game dev11941210MiniMax M3
Design Arena: data viz11961236MiniMax M3
Design Arena: 3D10651208MiniMax M3
Design Arena: all code categories11791247MiniMax M3
Design Arena: SVG11411161MiniMax M3
Design Arena: ASCII art11881161GPT-5.4
LiveBench designNot measured66.2%Only MiniMax M3 measured
GeneralLike-for-likePublic boards, shown as published, kept out of the index274
General benchmarks for GPT-5.4 and MiniMax M3
BenchmarkGPT-5.4MiniMax 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)43.3%50.6%MiniMax M3
MedScribe (Vals AI)77.5%87.3%MiniMax M3
Vals Multimodal IndexNot measured60.0%Only MiniMax M3 measured
IFBench73.9%82.9%MiniMax M3
Long context reasoning (AA-LCR)82.0%83.0%MiniMax M3
DTBench94.4%78.9%GPT-5.4
LMCA52.0%33.7%GPT-5.4
CL-bench27.9%Not measuredOnly GPT-5.4 measured
Surface Evolver BenchNot measured55.0%Only MiniMax M3 measured
Furniture assembly37.5%Not measuredOnly GPT-5.4 measured
CL-bench Life21.7%Not measuredOnly GPT-5.4 measured
LMArena Text14691433GPT-5.4
LMArena Text: instruction following14691433GPT-5.4
LMArena Text: creative writing14391404GPT-5.4
LMArena Vision13031251GPT-5.4
LMArena Text: English14671443GPT-5.4
LMArena Text: non-English14651420GPT-5.4
LMArena Text: Chinese15201466GPT-5.4
LMArena Text: German14721428GPT-5.4
LMArena Text: Japanese14851380GPT-5.4
LMArena Text: Korean14491373GPT-5.4
LMArena Text: French14931444GPT-5.4
LMArena Text: Spanish14521433GPT-5.4
LMArena Text: Russian14801426GPT-5.4
LMArena Text: Polish14721423GPT-5.4
LMArena Text: multi-turn14821443GPT-5.4
LMArena Text: longer queries14731446GPT-5.4
LMArena Text: writing and language14581419GPT-5.4
LMArena Text: entertainment and media14381403GPT-5.4
LMArena Vision: English13011263GPT-5.4
LMArena Vision: Chinese13541311GPT-5.4
LMArena Vision: reading text13121259GPT-5.4
LMArena Vision: humor12841235GPT-5.4
LMArena Vision: recognizing things12511197GPT-5.4
LMArena Vision: creative writing12831234GPT-5.4
LMArena Document14711435GPT-5.4
Neither model has a result on the other 8 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for GPT-5.4 and MiniMax M3
BenchmarkGPT-5.4MiniMax 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$0.010Fits in one request
MiniMax M3$0.0009Fits in one request

MiniMax M3 costs less

Repository review

50K input + 3K output tokens

GPT-5.4$0.170Fits in one request
MiniMax M3$0.019Fits in one request

MiniMax M3 costs less

Agent loop

200K input + 10K output tokens

GPT-5.4$0.650Fits in one request
MiniMax M3$0.072Fits in one request

MiniMax M3 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 and MiniMax M3
SpecificationOpenAI GPT-5.4MiniMax M3
MakerOpenAIMiniMax
WeightsNo public weights listedOpen weights
ReleasedMarch 5, 2026May 31, 2026
Context window1.05M1.05M
Input $/Mtok$2.50$0.30
Output $/Mtok$15.00$1.20
Coding index64.439.2
Independent measurements behind it36
Cost per solved task$1.02$0.56
SourceOpenRouter listingOpenRouter listing

Questions

Is GPT-5.4 better than MiniMax M3 for coding?

Pick GPT-5.4 for coding: it scores 64.4 on the Vibe Coding Index against 39.2 for MiniMax M3, though on 3 benchmarks against 6. Pick MiniMax M3 for output tokens 12.5x cheaper ($1.20 vs $15.00 per million) and a lower cost per solved task ($0.56 against $1.02).

Which is cheaper, GPT-5.4 or MiniMax M3?

GPT-5.4 costs $2.50 per million input tokens and $15.00 per million output tokens; MiniMax M3 costs $0.30 and $1.20. Per solved SWE-bench Verified task, GPT-5.4 costs $1.02 and MiniMax M3 $0.56.

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

GPT-5.4, with 1.05M tokens against 1.05M.

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

88 benchmarks have a result for both models as of October 22, 2026. GPT-5.4's coding index rests on 3 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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<p style="font:13px/1.4 sans-serif;margin:6px 0 0">Source: <a href="https://llmbenchmark.ai/compare/gpt-5-4-vs-minimax-minimax-m3">LLMBenchmark.ai, GPT-5.4 vs MiniMax M3</a></p>