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-5.4 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.
Coding
Vibe Coding Index, six public coding benchmarks
GPT-5.4
GPT-5.4 scores 64.4 against 39.2.
3 and 6 benchmarks behind the scores
Intelligence
AA Intelligence Index
GPT-5.4
GPT-5.4 leads, 39.0 against 29.2.
Same board, both measured
Agentic work
AA Agentic Index
No call
Only MiniMax M3 has a AA Agentic Index result, 29.5.
Directional only
Reasoning
GPQA Diamond
MiniMax M3
MiniMax M3 leads, 92.7% against 91.7%.
Same board, both measured
Math
AIME
No call
Only GPT-5.4 has a AIME result, 96.7%.
Directional only
Knowledge
MMLU Pro
GPT-5.4
GPT-5.4 leads, 87.5% against 84.2%.
Same board, both measured
Web design
Design Arena: websites
MiniMax M3
MiniMax M3 leads, 1257 against 1198.
Same board, both measured
Long documents
Listed context window
GPT-5.4
GPT-5.4 takes 1.05M tokens against 1.05M.
Listed by OpenRouter
Everyday cost
1K input + 500 output tokens
MiniMax M3
GPT-5.4 $0.010, MiniMax M3 $0.0009 per turn.
List prices
Cost per solved task
One SWE-bench Verified task, solved
MiniMax M3
GPT-5.4 $1.02, MiniMax M3 $0.56.
Published attempt cost and pass rate
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.
| Category | GPT-5.4 | Bars | MiniMax M3 | Ties |
|---|---|---|---|---|
| Coding | 11 | 3 | ||
| Intelligence | 2 | 0 | ||
| Agentic work | 2 | 5 | ||
| Reasoning | 10 | 2 | ||
| Math | 4 | 0 | ||
| Knowledge | 7 | 3 | ||
| Web design | 1 | 7 | ||
| General | 27 | 4 | ||
| All shared boards | 64 | 24 |
CodingLike-for-likeSix of these boards feed the Vibe Coding Index113
| Benchmark | GPT-5.4 | MiniMax M3 | Leader |
|---|---|---|---|
| LiveBench coding | Not measured | 70.9% | Only MiniMax M3 measured |
| LMArena WebDev | 1464 | 1482 | MiniMax M3 |
| AA Coding Index | 71.1 | 58.6 | GPT-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 measured | 1.0% | 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 measured | Only GPT-5.4 measured |
| Terminal-Bench 2.1 (Vals AI) | Not measured | 53.6% | Only MiniMax M3 measured |
| SWE-bench Multimodal (Vals AI) | Not measured | 33.3% | Only MiniMax M3 measured |
| Vibe Code Bench 1-100 (Vals AI) | Not measured | 9.2% | Only MiniMax M3 measured |
| SkillsBench (Vals AI) | 51.7% | 51.5% | GPT-5.4 |
| CyberBench (Vals AI) | Not measured | 65.0% | Only MiniMax M3 measured |
| SciCode | Not measured | 47.1% | Only MiniMax M3 measured |
| Terminal-Bench Hard (Artificial Analysis run) | 57.6% | 42.4% | GPT-5.4 |
| Terminal-Bench | 81.8% | Not measured | Only GPT-5.4 measured |
| FrontierCode | Not measured | 14.7% | Only MiniMax M3 measured |
| GSO-Bench | 31.4% | Not measured | Only GPT-5.4 measured |
| WeirdML | 77.7% | Not measured | Only GPT-5.4 measured |
| MirrorCode | 15.6% | Not measured | Only GPT-5.4 measured |
| ALE-Bench | 1607.0 | 640.0 | GPT-5.4 |
| LMArena Text: coding | 1496 | 1470 | GPT-5.4 |
| LMArena Text: software and IT | 1491 | 1466 | GPT-5.4 |
| LMArena WebDev: React | 1454 | 1478 | MiniMax M3 |
| LMArena WebDev: HTML | 1478 | 1455 | GPT-5.4 |
| LMArena WebDev: from an image | 1436 | 1470 | MiniMax M3 |
| Neither model has a result on the other 12 boards here | |||
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index20
| Benchmark | GPT-5.4 | MiniMax M3 | Leader |
|---|---|---|---|
| AA Intelligence Index | 39.0 | 29.2 | GPT-5.4 |
| Epoch Capabilities Index | 157.3 | 146.9 | GPT-5.4 |
Agentic workLike-for-likePublic boards, shown as published, kept out of the index25
| Benchmark | GPT-5.4 | MiniMax M3 | Leader |
|---|---|---|---|
| AA Agentic Index | Not measured | 29.5 | Only MiniMax M3 measured |
| Design Arena: agents building web apps | 1059 | 1200 | MiniMax M3 |
| Design Arena: agents building full-stack apps | 1017 | 1197 | MiniMax M3 |
| Design Arena: agents building mobile apps | 1087 | 1169 | MiniMax M3 |
| Design Arena: agents building Android apps | 1031 | 1159 | MiniMax M3 |
| Design Arena: agents building Godot games | 1135 | Not measured | Only GPT-5.4 measured |
| Design Arena: agents building games | Not measured | 1158 | Only MiniMax M3 measured |
| Design Arena: HTML slides | Not measured | 1130 | Only MiniMax M3 measured |
| Design Arena: PowerPoint slides | Not measured | 1181 | Only MiniMax M3 measured |
| Design Arena: spreadsheets | Not measured | 1028 | Only MiniMax M3 measured |
| LiveBench research | Not measured | 68.0% | Only MiniMax M3 measured |
| LiveBench browser | Not measured | 8.0% | Only MiniMax M3 measured |
| LiveBench long agentic | Not measured | 12.4% | Only MiniMax M3 measured |
| Finance Agent (Vals AI) | Not measured | 48.3% | Only MiniMax M3 measured |
| Tax Agent Bench (Vals AI) | Not measured | 20.6% | Only MiniMax M3 measured |
| Legal Research Bench (Vals AI) | Not measured | 29.8% | Only MiniMax M3 measured |
| Excel Modeling Benchmark (Vals AI) | Not measured | 47.8% | Only MiniMax M3 measured |
| τ²-Bench Telecom | 87.1% | 88.9% | MiniMax M3 |
| APEX-Agents | 52.4% | 37.7% | GPT-5.4 |
| METR time horizons | 74.3% | Not measured | Only GPT-5.4 measured |
| OSWorld 2.0 | Not measured | 4.6% | Only MiniMax M3 measured |
| DeepResearch Bench | 35.1% | Not measured | Only GPT-5.4 measured |
| PostTrainBench | 19.0% | Not measured | Only GPT-5.4 measured |
| Vending-Bench 2 | $6,144 | $2,158 | GPT-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
| Benchmark | GPT-5.4 | MiniMax M3 | Leader |
|---|---|---|---|
| GPQA Diamond | 91.7% | 92.7% | MiniMax M3 |
| LiveBench reasoning | Not measured | 74.5% | 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-AGI | 93.7% | Not measured | Only GPT-5.4 measured |
| ARC-AGI-2 | 74.0% | Not measured | Only GPT-5.4 measured |
| SimpleBench | Not measured | 45.8% | Only MiniMax M3 measured |
| Chess puzzles | 48.0% | 13.0% | GPT-5.4 |
| Mystery game puzzles | 37.0% | 8.0% | GPT-5.4 |
| EBR-bench | 25.4% | Not measured | Only GPT-5.4 measured |
| LMArena Text: hard prompts | 1485 | 1447 | GPT-5.4 |
| LMArena Text: expert | 1507 | 1461 | GPT-5.4 |
| LMArena Text: hard prompts in English | 1479 | 1455 | GPT-5.4 |
| LMArena Vision: diagrams | 1327 | 1266 | GPT-5.4 |
| LMArena Vision: homework | 1336 | 1268 | GPT-5.4 |
| Kagi LLM Benchmark | 63.8% | Not measured | Only 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
| Benchmark | GPT-5.4 | MiniMax M3 | Leader |
|---|---|---|---|
| AIME | 96.7% | Not measured | Only GPT-5.4 measured |
| OTIS Mock AIME | 97.8% | 71.1% | GPT-5.4 |
| FrontierMath, tiers 1 to 3 | 78.6% | Not measured | Only GPT-5.4 measured |
| FrontierMath, tier 4 | 49.0% | Not measured | Only GPT-5.4 measured |
| ProofBench | 56.0% | 18.0% | GPT-5.4 |
| LMArena Text: math | 1488 | 1429 | GPT-5.4 |
| LMArena Text: mathematical work | 1497 | 1448 | GPT-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
| Benchmark | GPT-5.4 | MiniMax M3 | Leader |
|---|---|---|---|
| MMLU Pro | 87.5% | 84.2% | GPT-5.4 |
| LegalBench (Vals AI) | 86.0% | 85.4% | GPT-5.4 |
| CaseLaw (Vals AI) | 63.8% | Not measured | Only 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 measured | Only GPT-5.4 measured |
| MedCode (Vals AI) | 41.3% | 46.3% | MiniMax M3 |
| SimpleQA Verified | 45.1% | Not measured | Only GPT-5.4 measured |
| LMArena Text: science | 1479 | 1452 | GPT-5.4 |
| LMArena Text: medicine and healthcare | 1458 | 1441 | GPT-5.4 |
| LMArena Text: legal and government | 1486 | 1437 | GPT-5.4 |
| LMArena Text: business and finance | 1474 | 1434 | GPT-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
| Benchmark | GPT-5.4 | MiniMax M3 | Leader |
|---|---|---|---|
| Design Arena: websites | 1198 | 1257 | MiniMax M3 |
| Design Arena: UI components | 1212 | 1242 | MiniMax M3 |
| Design Arena: game dev | 1194 | 1210 | MiniMax M3 |
| Design Arena: data viz | 1196 | 1236 | MiniMax M3 |
| Design Arena: 3D | 1065 | 1208 | MiniMax M3 |
| Design Arena: all code categories | 1179 | 1247 | MiniMax M3 |
| Design Arena: SVG | 1141 | 1161 | MiniMax M3 |
| Design Arena: ASCII art | 1188 | 1161 | GPT-5.4 |
| LiveBench design | Not measured | 66.2% | Only MiniMax M3 measured |
GeneralLike-for-likePublic boards, shown as published, kept out of the index274
| Benchmark | GPT-5.4 | MiniMax M3 | Leader |
|---|---|---|---|
| LiveBench data analysis | Not measured | 76.2% | Only MiniMax M3 measured |
| Public Benefits Bench (Vals AI) | Not measured | 64.1% | Only MiniMax M3 measured |
| SAGE (Vals AI) | 43.3% | 50.6% | MiniMax M3 |
| MedScribe (Vals AI) | 77.5% | 87.3% | MiniMax M3 |
| Vals Multimodal Index | Not measured | 60.0% | Only MiniMax M3 measured |
| IFBench | 73.9% | 82.9% | MiniMax M3 |
| Long context reasoning (AA-LCR) | 82.0% | 83.0% | MiniMax M3 |
| DTBench | 94.4% | 78.9% | GPT-5.4 |
| LMCA | 52.0% | 33.7% | GPT-5.4 |
| CL-bench | 27.9% | Not measured | Only GPT-5.4 measured |
| Surface Evolver Bench | Not measured | 55.0% | Only MiniMax M3 measured |
| Furniture assembly | 37.5% | Not measured | Only GPT-5.4 measured |
| CL-bench Life | 21.7% | Not measured | Only GPT-5.4 measured |
| LMArena Text | 1469 | 1433 | GPT-5.4 |
| LMArena Text: instruction following | 1469 | 1433 | GPT-5.4 |
| LMArena Text: creative writing | 1439 | 1404 | GPT-5.4 |
| LMArena Vision | 1303 | 1251 | GPT-5.4 |
| LMArena Text: English | 1467 | 1443 | GPT-5.4 |
| LMArena Text: non-English | 1465 | 1420 | GPT-5.4 |
| LMArena Text: Chinese | 1520 | 1466 | GPT-5.4 |
| LMArena Text: German | 1472 | 1428 | GPT-5.4 |
| LMArena Text: Japanese | 1485 | 1380 | GPT-5.4 |
| LMArena Text: Korean | 1449 | 1373 | GPT-5.4 |
| LMArena Text: French | 1493 | 1444 | GPT-5.4 |
| LMArena Text: Spanish | 1452 | 1433 | GPT-5.4 |
| LMArena Text: Russian | 1480 | 1426 | GPT-5.4 |
| LMArena Text: Polish | 1472 | 1423 | GPT-5.4 |
| LMArena Text: multi-turn | 1482 | 1443 | GPT-5.4 |
| LMArena Text: longer queries | 1473 | 1446 | GPT-5.4 |
| LMArena Text: writing and language | 1458 | 1419 | GPT-5.4 |
| LMArena Text: entertainment and media | 1438 | 1403 | GPT-5.4 |
| LMArena Vision: English | 1301 | 1263 | GPT-5.4 |
| LMArena Vision: Chinese | 1354 | 1311 | GPT-5.4 |
| LMArena Vision: reading text | 1312 | 1259 | GPT-5.4 |
| LMArena Vision: humor | 1284 | 1235 | GPT-5.4 |
| LMArena Vision: recognizing things | 1251 | 1197 | GPT-5.4 |
| LMArena Vision: creative writing | 1283 | 1234 | GPT-5.4 |
| LMArena Document | 1471 | 1435 | GPT-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
| Benchmark | GPT-5.4 | MiniMax M3 | Leader |
|---|---|---|---|
| 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
MiniMax M3 costs less
Repository review
50K input + 3K output tokens
MiniMax M3 costs less
Agent loop
200K input + 10K output tokens
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.
| Specification | OpenAI GPT-5.4 | MiniMax M3 |
|---|---|---|
| Maker | OpenAI | MiniMax |
| Weights | No public weights listed | Open weights |
| Released | March 5, 2026 | May 31, 2026 |
| Context window | 1.05M | 1.05M |
| Input $/Mtok | $2.50 | $0.30 |
| Output $/Mtok | $15.00 | $1.20 |
| Coding index | 64.4 | 39.2 |
| Independent measurements behind it | 3 | 6 |
| Cost per solved task | $1.02 | $0.56 |
| Source | OpenRouter listing | OpenRouter 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.