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MiniMax M3 vs o3 Mini

MiniMax M3 leads o3 Mini on the Artificial Analysis Intelligence Index, 29.2 to 12.5, and MiniMax M3 costs 3.7x less per output token ($1.20 vs $4.40 per million). Updated October 21, 2026; 50 benchmarks have a result for both.

MiniMax M3MiniMax
Coding
39.2
Overall
51.7
Output $/M
$1.20
48
o3 MiniOpenAI
Coding
No data
Overall
38.0
Output $/M
$4.40
2
vs boards won of 50 shared

MiniMax M3 or o3 Mini: which to pick

Only MiniMax M3 has a coding score, 39.2 on the Vibe Coding Index; o3 Mini has none, so the two cannot be ranked on coding.

Pick o3 Mini for work measured by Chess puzzles or OTIS Mock AIME, where it leads.

Shared results
50
MiniMax M3 only
66
o3 Mini only
21
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
MiniMax M3 39.2 from 6 benchmarks, o3 Mini not benchmarked.
Widest category
Agentic work, 57.6 points apart on average over 1 shared benchmark.
Widest single gap
τ²-Bench Telecom: MiniMax M3 88.9% against o3 Mini 31.3%, 57.6 points apart on a 0 to 100 scale.
Output price
MiniMax M3 $1.20 against o3 Mini $4.40 per million output tokens, 3.7x apart.
Context window
MiniMax M3 takes 1.05M tokens, o3 Mini 200K.

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
CategoryMiniMax M3Barso3 MiniTies
Coding50
Intelligence20
Agentic work10
Reasoning91
Math21
Knowledge80
General210
All shared boards482
CodingLike-for-likeSix of these boards feed the Vibe Coding Index50
Coding benchmarks for MiniMax M3 and o3 Mini
BenchmarkMiniMax M3o3 MiniLeader
Aider polyglotNot measured60.4%Only o3 Mini measured
SWE-bench VerifiedNot measured42.4%Only o3 Mini measured
SWE-bench LiteNot measured32.3%Only o3 Mini measured
LiveBench coding70.9%Not measuredOnly MiniMax M3 measured
LMArena WebDev1482Not measuredOnly MiniMax M3 measured
AA Coding Index58.6Not measuredOnly MiniMax M3 measured
LiveCodeBench (Vals AI)82.2%71.5%MiniMax M3
SWE-bench Verified (Vals AI)75.0%Not measuredOnly MiniMax M3 measured
Terminal-Bench 4 (Vals AI)1.0%Not measuredOnly MiniMax M3 measured
Vibe Code Bench (Vals AI)47.6%Not measuredOnly MiniMax M3 measured
Code migration (Vals AI)19.9%Not measuredOnly MiniMax M3 measured
Terminal-Bench 2.1 (Vals AI)53.6%Not measuredOnly MiniMax M3 measured
SWE-bench Multimodal (Vals AI)33.3%Not measuredOnly MiniMax M3 measured
Vibe Code Bench 1-100 (Vals AI)9.2%Not measuredOnly MiniMax M3 measured
SkillsBench (Vals AI)51.5%Not measuredOnly MiniMax M3 measured
CyberBench (Vals AI)65.0%Not measuredOnly MiniMax M3 measured
LiveCodeBench (Artificial Analysis run)Not measured73.4%Only o3 Mini measured
SciCode47.1%42.8%MiniMax M3
Terminal-Bench Hard (Artificial Analysis run)42.4%6.8%MiniMax M3
FrontierCode14.7%Not measuredOnly MiniMax M3 measured
GSO-BenchNot measured1.3%Only o3 Mini measured
WeirdMLNot measured43.7%Only o3 Mini measured
CybenchNot measured22.5%Only o3 Mini measured
ALE-Bench640.0Not measuredOnly MiniMax M3 measured
LMArena Text: coding14701378MiniMax M3
LMArena Text: software and IT14661364MiniMax M3
LMArena WebDev: React1478Not measuredOnly MiniMax M3 measured
LMArena WebDev: HTML1455Not measuredOnly MiniMax M3 measured
LMArena WebDev: from an image1470Not measuredOnly MiniMax M3 measured
SciCodeNot measured7.7%Only o3 Mini measured
Neither model has a result on the other 9 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index20
Intelligence benchmarks for MiniMax M3 and o3 Mini
BenchmarkMiniMax M3o3 MiniLeader
AA Intelligence Index29.212.5MiniMax M3
Epoch Capabilities Index146.9140.2MiniMax M3
Agentic workLike-for-likePublic boards, shown as published, kept out of the index10
Agentic work benchmarks for MiniMax M3 and o3 Mini
BenchmarkMiniMax M3o3 MiniLeader
AA Agentic Index29.5Not measuredOnly MiniMax M3 measured
Design Arena: agents building web apps1200Not measuredOnly MiniMax M3 measured
Design Arena: agents building full-stack apps1197Not measuredOnly MiniMax M3 measured
Design Arena: agents building mobile apps1169Not measuredOnly MiniMax M3 measured
Design Arena: agents building Android apps1157Not measuredOnly MiniMax M3 measured
Design Arena: agents building games1158Not measuredOnly MiniMax M3 measured
Design Arena: HTML slides1180Not measuredOnly MiniMax M3 measured
Design Arena: PowerPoint slides1205Not measuredOnly MiniMax M3 measured
Design Arena: spreadsheets1009Not measuredOnly MiniMax M3 measured
LiveBench research68.0%Not measuredOnly MiniMax M3 measured
LiveBench browser8.0%Not measuredOnly MiniMax M3 measured
LiveBench long agentic12.4%Not measuredOnly MiniMax M3 measured
Finance Agent (Vals AI)48.3%Not measuredOnly MiniMax M3 measured
Tax Agent Bench (Vals AI)20.6%Not measuredOnly MiniMax M3 measured
Legal Research Bench (Vals AI)29.8%Not measuredOnly MiniMax M3 measured
Excel Modeling Benchmark (Vals AI)47.8%Not measuredOnly MiniMax M3 measured
τ²-Bench Telecom88.9%31.3%MiniMax M3
APEX-Agents37.7%Not measuredOnly MiniMax M3 measured
OSWorld 2.04.6%Not measuredOnly MiniMax M3 measured
Vending-Bench 2$2,158Not measuredOnly MiniMax M3 measured
Neither model has a result on the other 21 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index91
Reasoning benchmarks for MiniMax M3 and o3 Mini
BenchmarkMiniMax M3o3 MiniLeader
GPQA Diamond92.7%75.5%MiniMax M3
LiveBench reasoning74.5%Not measuredOnly MiniMax M3 measured
MMMU Pro (Vals AI)81.2%Not measuredOnly MiniMax M3 measured
GPQA Diamond (Artificial Analysis run)92.9%77.3%MiniMax M3
Humanity's Last Exam (Artificial Analysis run)39.0%12.0%MiniMax M3
GPQA Diamond (Epoch AI run)90.9%77.0%MiniMax M3
ARC-AGINot measured34.5%Only o3 Mini measured
ARC-AGI-2Not measured3.0%Only o3 Mini measured
SimpleBench45.8%22.8%MiniMax M3
Chess puzzles13.0%15.0%o3 Mini
Mystery game puzzles8.0%7.0%MiniMax M3
LMArena Text: hard prompts14471365MiniMax M3
LMArena Text: expert14611364MiniMax M3
LMArena Text: hard prompts in English14551375MiniMax M3
LMArena Vision: diagrams1266Not measuredOnly MiniMax M3 measured
LMArena Vision: homework1268Not measuredOnly MiniMax M3 measured
Neither model has a result on the other 6 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index21
Math benchmarks for MiniMax M3 and o3 Mini
BenchmarkMiniMax M3o3 MiniLeader
AIMENot measured86.5%Only o3 Mini measured
MATH 500 (Vals AI)Not measured91.8%Only o3 Mini measured
MGSM (Vals AI)Not measured91.3%Only o3 Mini measured
OTIS Mock AIME71.1%76.9%o3 Mini
FrontierMath, tiers 1 to 3Not measured18.6%Only o3 Mini measured
FrontierMath, tier 4Not measured0.0%Only o3 Mini measured
ProofBench18.0%Not measuredOnly MiniMax M3 measured
MATH level 5Not measured96.5%Only o3 Mini measured
LMArena Text: math14291396MiniMax M3
LMArena Text: mathematical work14481399MiniMax M3
Neither model has a result on the other 3 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index80
Knowledge benchmarks for MiniMax M3 and o3 Mini
BenchmarkMiniMax M3o3 MiniLeader
MMLU Pro84.2%78.7%MiniMax M3
LegalBench (Vals AI)85.4%71.5%MiniMax M3
CorpFin (Vals AI)68.1%45.3%MiniMax M3
TaxEval (Vals AI)72.7%69.4%MiniMax M3
MortgageTax (Vals AI)68.4%Not measuredOnly MiniMax M3 measured
MedQA (Vals AI)Not measured94.8%Only o3 Mini measured
MedCode (Vals AI)46.3%Not measuredOnly MiniMax M3 measured
MMLU Pro (Artificial Analysis run)Not measured80.2%Only o3 Mini measured
SimpleQA VerifiedNot measured15.3%Only o3 Mini measured
LMArena Text: science14521339MiniMax M3
LMArena Text: medicine and healthcare14411330MiniMax M3
LMArena Text: legal and government14371328MiniMax M3
LMArena Text: business and finance14341313MiniMax 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 MiniMax M3 and o3 Mini
BenchmarkMiniMax M3o3 MiniLeader
Design Arena: websites1257Not measuredOnly MiniMax M3 measured
Design Arena: UI components1245Not measuredOnly MiniMax M3 measured
Design Arena: game dev1211Not measuredOnly MiniMax M3 measured
Design Arena: data viz1235Not measuredOnly MiniMax M3 measured
Design Arena: 3D1209Not measuredOnly MiniMax M3 measured
Design Arena: all code categories1247Not measuredOnly MiniMax M3 measured
Design Arena: SVG1162Not measuredOnly MiniMax M3 measured
Design Arena: ASCII art1161Not measuredOnly MiniMax M3 measured
LiveBench design66.2%Not measuredOnly MiniMax M3 measured
GeneralLike-for-likePublic boards, shown as published, kept out of the index210
General benchmarks for MiniMax M3 and o3 Mini
BenchmarkMiniMax M3o3 MiniLeader
LiveBench data analysis76.2%Not measuredOnly MiniMax M3 measured
Public Benefits Bench (Vals AI)64.1%Not measuredOnly MiniMax M3 measured
SAGE (Vals AI)50.6%Not measuredOnly MiniMax M3 measured
MedScribe (Vals AI)87.3%Not measuredOnly MiniMax M3 measured
Vals Multimodal Index60.0%Not measuredOnly MiniMax M3 measured
IFBench82.9%67.1%MiniMax M3
Long context reasoning (AA-LCR)83.0%43.0%MiniMax M3
DTBench78.9%68.8%MiniMax M3
LMCA33.7%19.0%MiniMax M3
Fiction.LiveBenchNot measured50.0%Only o3 Mini measured
Creative writing (Lech Mazur)Not measured61.7%Only o3 Mini measured
Surface Evolver Bench55.0%Not measuredOnly MiniMax M3 measured
LMArena Text14331337MiniMax M3
LMArena Text: instruction following14331337MiniMax M3
LMArena Text: creative writing14041286MiniMax M3
LMArena Vision1251Not measuredOnly MiniMax M3 measured
LMArena Text: English14431351MiniMax M3
LMArena Text: non-English14201319MiniMax M3
LMArena Text: Chinese14661379MiniMax M3
LMArena Text: German14281303MiniMax M3
LMArena Text: Japanese13801286MiniMax M3
LMArena Text: Korean13731313MiniMax M3
LMArena Text: French14441334MiniMax M3
LMArena Text: Spanish14331321MiniMax M3
LMArena Text: Russian14261304MiniMax M3
LMArena Text: Polish14231294MiniMax M3
LMArena Text: multi-turn14431320MiniMax M3
LMArena Text: longer queries14461343MiniMax M3
LMArena Text: writing and language14191313MiniMax M3
LMArena Text: entertainment and media14031283MiniMax M3
LMArena Vision: English1263Not measuredOnly MiniMax M3 measured
LMArena Vision: Chinese1311Not measuredOnly MiniMax M3 measured
LMArena Vision: reading text1259Not measuredOnly MiniMax M3 measured
LMArena Vision: humor1235Not measuredOnly MiniMax M3 measured
LMArena Vision: recognizing things1197Not measuredOnly MiniMax M3 measured
LMArena Vision: creative writing1234Not measuredOnly MiniMax M3 measured
LMArena Document1435Not measuredOnly MiniMax M3 measured
Neither model has a result on the other 9 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for MiniMax M3 and o3 Mini
BenchmarkMiniMax M3o3 MiniLeader
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$0.0009Fits in one request
o3 Mini$0.0033Fits in one request

MiniMax M3 costs less

Repository review

50K input + 3K output tokens

MiniMax M3$0.019Fits in one request
o3 Mini$0.068Fits in one request

MiniMax M3 costs less

Agent loop

200K input + 10K output tokens

MiniMax M3$0.072Fits in one request
o3 Mini$0.264Exceeds the context window

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 MiniMax M3 and o3 Mini
SpecificationMiniMax M3OpenAI o3 Mini
MakerMiniMaxOpenAI
WeightsOpen weightsNo public weights listed
ReleasedMay 31, 2026January 31, 2025
Context window1.05M200K
Input $/Mtok$0.30$1.10
Output $/Mtok$1.20$4.40
Coding index39.2Not benchmarked
Independent measurements behind it60
Cost per solved task$0.56Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M3 better than o3 Mini for coding?

Only MiniMax M3 has a coding score, 39.2 on the Vibe Coding Index; o3 Mini has none, so the two cannot be ranked on coding. Pick o3 Mini for work measured by Chess puzzles or OTIS Mock AIME, where it leads.

Which is cheaper, MiniMax M3 or o3 Mini?

MiniMax M3 costs $0.30 per million input tokens and $1.20 per million output tokens; o3 Mini costs $1.10 and $4.40. Cost per solved task is known for MiniMax M3 only.

Which has the bigger context window, MiniMax M3 or o3 Mini?

MiniMax M3, with 1.05M tokens against 200K.

How many benchmarks is the MiniMax M3 vs o3 Mini comparison based on?

50 benchmarks have a result for both models as of October 21, 2026. MiniMax M3's coding index rests on 6 independent benchmarks and o3 Mini's on 0. Where only one model has a result, the page says so instead of naming a winner.

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