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Mercury 3 vs MiniMax M1

Mercury 3 costs 6.3x less per output token than MiniMax M1 ($0.35 vs $2.20 per million). Updated October 22, 2026; no benchmark has tested both models yet.

Mercury 3Inception
Coding
No data
Overall
No data
Output $/M
$0.35
MiniMax M1MiniMax
Coding
No data
Overall
No data
Output $/M
$2.20
vs $0.35 vs $2.20 per 1M output tokens. Mercury 3 is 6.3x cheaper.

Mercury 3 or MiniMax M1: which to pick

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

Pick Mercury 3 for output tokens 6.3x cheaper ($0.35 vs $2.20 per million).

No benchmark has tested both yet. Mercury 3 has results on Design Arena: websites, Design Arena: UI components and Design Arena: game dev; MiniMax M1 on LMArena Text: coding, LMArena Text: software and IT and AA Intelligence Index. Compare them on price and context instead.

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
Mercury 3 not benchmarked, MiniMax M1 not benchmarked.
Widest category
None yet: no category has been tested on both models.
Widest single gap
None yet: no benchmark has tested both models.
Output price
Mercury 3 $0.35 against MiniMax M1 $2.20 per million output tokens, 6.3x apart.
Context window
Both take 1M tokens.

Benchmark by benchmark

Every board either model has a result on, a category to a fold; bars are each result on a 0 to 100 scale. Only one model is measured on each, so no row names a leader.

CodingDirectional onlySix of these boards feed the Vibe Coding Index2 boards measured
Coding benchmarks for Mercury 3 and MiniMax M1
BenchmarkMercury 3MiniMax M1Leader
LMArena Text: codingNot measured1359Only MiniMax M1 measured
LMArena Text: software and ITNot measured1359Only MiniMax M1 measured
Neither model has a result on the other 41 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
Intelligence benchmarks for Mercury 3 and MiniMax M1
BenchmarkMercury 3MiniMax M1Leader
AA Intelligence IndexNot measured11.7Only MiniMax M1 measured
Neither model has a result on the other 1 board here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index3 boards measured
Reasoning benchmarks for Mercury 3 and MiniMax M1
BenchmarkMercury 3MiniMax M1Leader
LMArena Text: hard promptsNot measured1339Only MiniMax M1 measured
LMArena Text: expertNot measured1317Only MiniMax M1 measured
LMArena Text: hard prompts in EnglishNot measured1353Only MiniMax M1 measured
Neither model has a result on the other 20 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index2 boards measured
Math benchmarks for Mercury 3 and MiniMax M1
BenchmarkMercury 3MiniMax M1Leader
LMArena Text: mathNot measured1361Only MiniMax M1 measured
LMArena Text: mathematical workNot measured1363Only MiniMax M1 measured
Neither model has a result on the other 12 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index4 boards measured
Knowledge benchmarks for Mercury 3 and MiniMax M1
BenchmarkMercury 3MiniMax M1Leader
LMArena Text: scienceNot measured1354Only MiniMax M1 measured
LMArena Text: medicine and healthcareNot measured1355Only MiniMax M1 measured
LMArena Text: legal and governmentNot measured1337Only MiniMax M1 measured
LMArena Text: business and financeNot measured1319Only MiniMax M1 measured
Neither model has a result on the other 16 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index5 boards measured
Web design benchmarks for Mercury 3 and MiniMax M1
BenchmarkMercury 3MiniMax M1Leader
Design Arena: websites1229Not measuredOnly Mercury 3 measured
Design Arena: UI components1247Not measuredOnly Mercury 3 measured
Design Arena: game dev1225Not measuredOnly Mercury 3 measured
Design Arena: data viz1205Not measuredOnly Mercury 3 measured
Design Arena: all code categories1231Not measuredOnly Mercury 3 measured
Neither model has a result on the other 4 boards here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index17 boards measured
General benchmarks for Mercury 3 and MiniMax M1
BenchmarkMercury 3MiniMax M1Leader
LMArena TextNot measured1343Only MiniMax M1 measured
LMArena Text: instruction followingNot measured1312Only MiniMax M1 measured
LMArena Text: creative writingNot measured1297Only MiniMax M1 measured
LMArena Text: EnglishNot measured1363Only MiniMax M1 measured
LMArena Text: non-EnglishNot measured1319Only MiniMax M1 measured
LMArena Text: ChineseNot measured1360Only MiniMax M1 measured
LMArena Text: GermanNot measured1350Only MiniMax M1 measured
LMArena Text: JapaneseNot measured1217Only MiniMax M1 measured
LMArena Text: KoreanNot measured1266Only MiniMax M1 measured
LMArena Text: FrenchNot measured1370Only MiniMax M1 measured
LMArena Text: SpanishNot measured1353Only MiniMax M1 measured
LMArena Text: RussianNot measured1329Only MiniMax M1 measured
LMArena Text: PolishNot measured1329Only MiniMax M1 measured
LMArena Text: multi-turnNot measured1335Only MiniMax M1 measured
LMArena Text: longer queriesNot measured1326Only MiniMax M1 measured
LMArena Text: writing and languageNot measured1311Only MiniMax M1 measured
LMArena Text: entertainment and mediaNot measured1303Only MiniMax M1 measured
Neither model has a result on the other 31 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

Mercury 3$0.0003Fits in one request
MiniMax M1$0.0015Fits in one request

Mercury 3 costs less

Repository review

50K input + 3K output tokens

Mercury 3$0.0060Fits in one request
MiniMax M1$0.027Fits in one request

Mercury 3 costs less

Agent loop

200K input + 10K output tokens

Mercury 3$0.024Fits in one request
MiniMax M1$0.102Fits in one request

Mercury 3 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 Mercury 3 and MiniMax M1
SpecificationInception Mercury 3MiniMax M1
MakerInceptionMiniMax
WeightsNo public weights listedNo public weights listed
ReleasedOctober 16, 2026June 17, 2025
Context window1M1M
Input $/Mtok$0.10$0.40
Output $/Mtok$0.35$2.20
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it00
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Mercury 3 better than MiniMax M1 for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick Mercury 3 for output tokens 6.3x cheaper ($0.35 vs $2.20 per million).

Which is cheaper, Mercury 3 or MiniMax M1?

Mercury 3 costs $0.10 per million input tokens and $0.35 per million output tokens; MiniMax M1 costs $0.40 and $2.20. Cost per solved task is known for neither of them.

Which has the bigger context window, Mercury 3 or MiniMax M1?

Neither: both take 1M tokens.

Has any benchmark tested both Mercury 3 and MiniMax M1?

No benchmark has tested both yet. Mercury 3 has results on Design Arena: websites, Design Arena: UI components and Design Arena: game dev; MiniMax M1 on LMArena Text: coding, LMArena Text: software and IT and AA Intelligence Index. Compare them on price and context instead. Data as of October 22, 2026.

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