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Phi 4 vs MiniMax M3

MiniMax M3 leads Phi 4 on the Artificial Analysis Intelligence Index, 29.2 to 5.9, and Phi 4 costs 8.6x less per output token ($0.14 vs $1.20 per million). Updated October 21, 2026; 37 benchmarks have a result for both.

Phi 4Microsoft
Coding
No data
Overall
5.9
Output $/M
$0.14
0
MiniMax M3MiniMax
Coding
39.2
Overall
29.2
Output $/M
$1.20
37
vs boards won of 37 shared

Phi 4 or MiniMax M3: which to pick

Only MiniMax M3 has a coding score, 39.2 on the Vibe Coding Index; Phi 4 has none, so the two cannot be ranked on coding.

Pick Phi 4 for output tokens 8.6x cheaper ($0.14 vs $1.20 per million).

Shared results
37
Phi 4 only
8
MiniMax M3 only
79
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
Phi 4 not benchmarked, MiniMax M3 39.2 from 6 benchmarks.
Widest category
Agentic work, 88.9 points apart on average over 1 shared benchmark.
Widest single gap
τ²-Bench Telecom: Phi 4 0.0% against MiniMax M3 88.9%, 88.9 points apart on a 0 to 100 scale.
Output price
Phi 4 $0.14 against MiniMax M3 $1.20 per million output tokens, 8.6x apart.
Context window
Phi 4 takes 16K 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
CategoryPhi 4BarsMiniMax M3Ties
Coding03
Intelligence02
Agentic work01
Reasoning06
Math03
Knowledge04
General018
All shared boards037
CodingLike-for-likeSix of these boards feed the Vibe Coding Index03
Coding benchmarks for Phi 4 and MiniMax M3
BenchmarkPhi 4MiniMax M3Leader
LiveBench codingNot measured70.9%Only MiniMax M3 measured
LMArena WebDevNot measured1482Only MiniMax M3 measured
AA Coding IndexNot measured58.6Only MiniMax M3 measured
LiveCodeBench (Vals AI)Not measured82.2%Only MiniMax M3 measured
SWE-bench Verified (Vals AI)Not measured75.0%Only MiniMax M3 measured
Terminal-Bench 4 (Vals AI)Not measured1.0%Only MiniMax M3 measured
Vibe Code Bench (Vals AI)Not measured47.6%Only MiniMax M3 measured
Code migration (Vals AI)Not measured19.9%Only MiniMax M3 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)Not measured51.5%Only MiniMax M3 measured
CyberBench (Vals AI)Not measured65.0%Only MiniMax M3 measured
LiveCodeBench (Artificial Analysis run)23.1%Not measuredOnly Phi 4 measured
SciCodeNot measured47.1%Only MiniMax M3 measured
Terminal-Bench Hard (Artificial Analysis run)3.8%42.4%MiniMax M3
FrontierCodeNot measured14.7%Only MiniMax M3 measured
ALE-BenchNot measured640.0Only MiniMax M3 measured
LMArena Text: coding12311470MiniMax M3
LMArena Text: software and IT12281466MiniMax 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 15 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index02
Intelligence benchmarks for Phi 4 and MiniMax M3
BenchmarkPhi 4MiniMax M3Leader
AA Intelligence Index5.929.2MiniMax M3
Epoch Capabilities Index130.5146.9MiniMax M3
Agentic workLike-for-likePublic boards, shown as published, kept out of the index01
Agentic work benchmarks for Phi 4 and MiniMax M3
BenchmarkPhi 4MiniMax M3Leader
AA Agentic IndexNot measured29.5Only MiniMax M3 measured
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 measured1157Only MiniMax M3 measured
Design Arena: agents building gamesNot measured1158Only MiniMax M3 measured
Design Arena: HTML slidesNot measured1180Only MiniMax M3 measured
Design Arena: PowerPoint slidesNot measured1205Only MiniMax M3 measured
Design Arena: spreadsheetsNot measured1009Only 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 Telecom0.0%88.9%MiniMax M3
APEX-AgentsNot measured37.7%Only MiniMax M3 measured
OSWorld 2.0Not measured4.6%Only MiniMax M3 measured
BALROG11.6%Not measuredOnly Phi 4 measured
Vending-Bench 2Not measured$2,158Only MiniMax M3 measured
Neither model has a result on the other 18 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index06
Reasoning benchmarks for Phi 4 and MiniMax M3
BenchmarkPhi 4MiniMax M3Leader
GPQA DiamondNot measured92.7%Only MiniMax M3 measured
LiveBench reasoningNot measured74.5%Only MiniMax M3 measured
MMMU Pro (Vals AI)Not measured81.2%Only MiniMax M3 measured
GPQA Diamond (Artificial Analysis run)57.5%92.9%MiniMax M3
Humanity's Last Exam (Artificial Analysis run)3.8%39.0%MiniMax M3
GPQA Diamond (Epoch AI run)56.1%90.9%MiniMax M3
SimpleBenchNot measured45.8%Only MiniMax M3 measured
Chess puzzlesNot measured13.0%Only MiniMax M3 measured
Mystery game puzzlesNot measured8.0%Only MiniMax M3 measured
LMArena Text: hard prompts12201447MiniMax M3
LMArena Text: expert12031461MiniMax M3
LMArena Text: hard prompts in English12301455MiniMax M3
LMArena Vision: diagramsNot measured1266Only MiniMax M3 measured
LMArena Vision: homeworkNot measured1268Only MiniMax M3 measured
Neither model has a result on the other 7 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index03
Math benchmarks for Phi 4 and MiniMax M3
BenchmarkPhi 4MiniMax M3Leader
AA Math Index18.0Not measuredOnly Phi 4 measured
AIME 2025 (Artificial Analysis run)18.0%Not measuredOnly Phi 4 measured
OTIS Mock AIME13.8%71.1%MiniMax M3
ProofBenchNot measured18.0%Only MiniMax M3 measured
MATH level 564.9%Not measuredOnly Phi 4 measured
LMArena Text: math12461429MiniMax M3
LMArena Text: mathematical work12541448MiniMax M3
Neither model has a result on the other 6 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index04
Knowledge benchmarks for Phi 4 and MiniMax M3
BenchmarkPhi 4MiniMax M3Leader
MMLU ProNot measured84.2%Only MiniMax M3 measured
LegalBench (Vals AI)Not measured85.4%Only MiniMax M3 measured
CorpFin (Vals AI)Not measured68.1%Only MiniMax M3 measured
TaxEval (Vals AI)Not measured72.7%Only MiniMax M3 measured
MortgageTax (Vals AI)Not measured68.4%Only MiniMax M3 measured
MedCode (Vals AI)Not measured46.3%Only MiniMax M3 measured
MMLU Pro (Artificial Analysis run)71.4%Not measuredOnly Phi 4 measured
MMLU84.8%Not measuredOnly Phi 4 measured
LMArena Text: science12061452MiniMax M3
LMArena Text: medicine and healthcare12021441MiniMax M3
LMArena Text: legal and government12411437MiniMax M3
LMArena Text: business and finance11991434MiniMax M3
Neither model has a result on the other 5 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index9 boards, none shared
Web design benchmarks for Phi 4 and MiniMax M3
BenchmarkPhi 4MiniMax M3Leader
Design Arena: websitesNot measured1257Only MiniMax M3 measured
Design Arena: UI componentsNot measured1245Only MiniMax M3 measured
Design Arena: game devNot measured1211Only MiniMax M3 measured
Design Arena: data vizNot measured1235Only MiniMax M3 measured
Design Arena: 3DNot measured1209Only MiniMax M3 measured
Design Arena: all code categoriesNot measured1247Only MiniMax M3 measured
Design Arena: SVGNot measured1162Only 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 index018
General benchmarks for Phi 4 and MiniMax M3
BenchmarkPhi 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)Not measured50.6%Only MiniMax M3 measured
MedScribe (Vals AI)Not measured87.3%Only MiniMax M3 measured
Vals Multimodal IndexNot measured60.0%Only MiniMax M3 measured
IFBench23.5%82.9%MiniMax M3
Long context reasoning (AA-LCR)0.0%83.0%MiniMax M3
DTBenchNot measured78.9%Only MiniMax M3 measured
LMCANot measured33.7%Only MiniMax M3 measured
Creative writing (Lech Mazur)62.6%Not measuredOnly Phi 4 measured
Surface Evolver BenchNot measured55.0%Only MiniMax M3 measured
LMArena Text12171433MiniMax M3
LMArena Text: instruction following12011433MiniMax M3
LMArena Text: creative writing11811404MiniMax M3
LMArena VisionNot measured1251Only MiniMax M3 measured
LMArena Text: English12311443MiniMax M3
LMArena Text: non-English11971420MiniMax M3
LMArena Text: Chinese12121466MiniMax M3
LMArena Text: German12221428MiniMax M3
LMArena Text: Japanese11581380MiniMax M3
LMArena Text: Korean11511373MiniMax M3
LMArena Text: French12241444MiniMax M3
LMArena Text: Spanish12341433MiniMax M3
LMArena Text: Russian12091426MiniMax M3
LMArena Text: PolishNot measured1423Only MiniMax M3 measured
LMArena Text: multi-turn12061443MiniMax M3
LMArena Text: longer queries12171446MiniMax M3
LMArena Text: writing and language11981419MiniMax M3
LMArena Text: entertainment and media11621403MiniMax M3
LMArena Vision: EnglishNot measured1263Only MiniMax M3 measured
LMArena Vision: ChineseNot measured1311Only MiniMax M3 measured
LMArena Vision: reading textNot measured1259Only MiniMax M3 measured
LMArena Vision: humorNot measured1235Only MiniMax M3 measured
LMArena Vision: recognizing thingsNot measured1197Only MiniMax M3 measured
LMArena Vision: creative writingNot measured1234Only MiniMax M3 measured
LMArena DocumentNot measured1435Only MiniMax M3 measured
Neither model has a result on the other 10 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for Phi 4 and MiniMax M3
BenchmarkPhi 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

Phi 4$0.0001Fits in one request
MiniMax M3$0.0009Fits in one request

Phi 4 costs less

Repository review

50K input + 3K output tokens

Phi 4$0.0039Exceeds the context window
MiniMax M3$0.019Fits in one request

Phi 4 costs less

Agent loop

200K input + 10K output tokens

Phi 4$0.015Exceeds the context window
MiniMax M3$0.072Fits in one request

Phi 4 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 Phi 4 and MiniMax M3
SpecificationMicrosoft Phi 4MiniMax M3
MakerMicrosoftMiniMax
WeightsOpen weightsOpen weights
ReleasedJanuary 10, 2025May 31, 2026
Context window16K1.05M
Input $/Mtok$0.07$0.30
Output $/Mtok$0.14$1.20
Coding indexNot benchmarked39.2
Independent measurements behind it06
Cost per solved taskNot computable$0.56
SourceOpenRouter listingOpenRouter listing

Questions

Is Phi 4 better than MiniMax M3 for coding?

Only MiniMax M3 has a coding score, 39.2 on the Vibe Coding Index; Phi 4 has none, so the two cannot be ranked on coding. Pick Phi 4 for output tokens 8.6x cheaper ($0.14 vs $1.20 per million).

Which is cheaper, Phi 4 or MiniMax M3?

Phi 4 costs $0.07 per million input tokens and $0.14 per million output tokens; MiniMax M3 costs $0.30 and $1.20. Cost per solved task is known for MiniMax M3 only.

Which has the bigger context window, Phi 4 or MiniMax M3?

MiniMax M3, with 1.05M tokens against 16K.

How many benchmarks is the Phi 4 vs MiniMax M3 comparison based on?

37 benchmarks have a result for both models as of October 21, 2026. Phi 4's coding index rests on 0 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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