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MiniMax M3 vs o4 Mini

MiniMax M3 leads o4 Mini on the Artificial Analysis Intelligence Index, 29.2 to 16.7, and MiniMax M3 costs 3.7x less per output token ($1.20 vs $4.40 per million). Updated October 22, 2026; 69 benchmarks have a result for both.

MiniMax M3MiniMax
Coding
39.2
Overall
51.7
Output $/M
$1.20
64
o4 MiniOpenAI
Coding
No data
Overall
43.0
Output $/M
$4.40
5
vs boards won of 69 shared

MiniMax M3 or o4 Mini: which to pick

Only MiniMax M3 has a coding score, 39.2 on the Vibe Coding Index; o4 Mini has none, so the two cannot be ranked on coding.

Pick o4 Mini for work measured by LiveCodeBench (Vals AI) or Chess puzzles, where it leads.

Shared results
69
MiniMax M3 only
47
o4 Mini only
29
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
MiniMax M3 39.2 from 6 benchmarks, o4 Mini not benchmarked.
Widest category
Web design, 33.5 points apart on average over 6 shared benchmarks.
Widest single gap
Design Arena: 3D: MiniMax M3 1208 against o4 Mini 854, 44.3 points apart on a 0 to 100 scale.
Output price
MiniMax M3 $1.20 against o4 Mini $4.40 per million output tokens, 3.7x apart.
Context window
MiniMax M3 takes 1.05M tokens, o4 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 M3Barso4 MiniTies
Coding31
Intelligence20
Agentic work10
Reasoning121
Math21
Knowledge91
Web design60
General291
All shared boards645
CodingLike-for-likeSix of these boards feed the Vibe Coding Index31
Coding benchmarks for MiniMax M3 and o4 Mini
BenchmarkMiniMax M3o4 MiniLeader
Aider polyglotNot measured72.0%Only o4 Mini measured
SWE-bench VerifiedNot measured64.6%Only o4 Mini measured
SWE-bench MultimodalNot measured33.9%Only o4 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%82.2%o4 Mini
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 measured85.9%Only o4 Mini measured
SciCode47.1%Not measuredOnly MiniMax M3 measured
Terminal-Bench Hard (Artificial Analysis run)42.4%15.2%MiniMax M3
FrontierCode14.7%Not measuredOnly MiniMax M3 measured
GSO-BenchNot measured3.6%Only o4 Mini measured
WeirdMLNot measured52.6%Only o4 Mini measured
ALE-Bench640.0Not measuredOnly MiniMax M3 measured
LMArena Text: coding14701368MiniMax M3
LMArena Text: software and IT14661367MiniMax 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 measured10.8%Only o4 Mini measured
Neither model has a result on the other 10 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index20
Intelligence benchmarks for MiniMax M3 and o4 Mini
BenchmarkMiniMax M3o4 MiniLeader
AA Intelligence Index29.216.7MiniMax M3
Epoch Capabilities Index146.9145.5MiniMax M3
Agentic workLike-for-likePublic boards, shown as published, kept out of the index10
Agentic work benchmarks for MiniMax M3 and o4 Mini
BenchmarkMiniMax M3o4 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 apps1159Not measuredOnly MiniMax M3 measured
Design Arena: agents building games1158Not measuredOnly MiniMax M3 measured
Design Arena: HTML slides1130Not measuredOnly MiniMax M3 measured
Design Arena: PowerPoint slides1181Not measuredOnly MiniMax M3 measured
Design Arena: spreadsheets1028Not 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%55.6%MiniMax M3
APEX-Agents37.7%Not measuredOnly MiniMax M3 measured
METR time horizonsNot measured63.9%Only o4 Mini measured
OSWorld 2.04.6%Not measuredOnly MiniMax M3 measured
Vending-Bench 2$2,158Not measuredOnly MiniMax M3 measured
Berkeley Function Calling Leaderboard (BFCL)Not measured53.2%Only o4 Mini measured
Neither model has a result on the other 19 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index121
Reasoning benchmarks for MiniMax M3 and o4 Mini
BenchmarkMiniMax M3o4 MiniLeader
GPQA Diamond92.7%74.5%MiniMax M3
LiveBench reasoning74.5%Not measuredOnly MiniMax M3 measured
MMMU Pro (Vals AI)81.2%79.7%MiniMax M3
GPQA Diamond (Artificial Analysis run)92.9%78.4%MiniMax M3
Humanity's Last Exam (Artificial Analysis run)39.0%16.5%MiniMax M3
GPQA Diamond (Epoch AI run)90.9%79.6%MiniMax M3
ARC-AGINot measured58.7%Only o4 Mini measured
ARC-AGI-2Not measured6.1%Only o4 Mini measured
SimpleBench45.8%38.7%MiniMax M3
Chess puzzles13.0%22.0%o4 Mini
Mystery game puzzles8.0%5.0%MiniMax M3
VPCTNot measured57.5%Only o4 Mini measured
LMArena Text: hard prompts14471351MiniMax M3
LMArena Text: expert14611343MiniMax M3
LMArena Text: hard prompts in English14551366MiniMax M3
LMArena Vision: diagrams12661197MiniMax M3
LMArena Vision: homework12681234MiniMax M3
Kagi LLM BenchmarkNot measured67.6%Only o4 Mini measured
Neither model has a result on the other 4 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index21
Math benchmarks for MiniMax M3 and o4 Mini
BenchmarkMiniMax M3o4 MiniLeader
AIMENot measured83.7%Only o4 Mini measured
MATH 500 (Vals AI)Not measured94.2%Only o4 Mini measured
MGSM (Vals AI)Not measured93.4%Only o4 Mini measured
AA Math IndexNot measured90.7Only o4 Mini measured
AIME 2025 (Artificial Analysis run)Not measured90.7%Only o4 Mini measured
OTIS Mock AIME71.1%81.7%o4 Mini
FrontierMath, tiers 1 to 3Not measured36.1%Only o4 Mini measured
FrontierMath, tier 4Not measured4.9%Only o4 Mini measured
ProofBench18.0%Not measuredOnly MiniMax M3 measured
MATH level 5Not measured97.8%Only o4 Mini measured
LMArena Text: math14291389MiniMax M3
LMArena Text: mathematical work14481379MiniMax M3
Neither model has a result on the other 1 board here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index91
Knowledge benchmarks for MiniMax M3 and o4 Mini
BenchmarkMiniMax M3o4 MiniLeader
MMLU Pro84.2%80.6%MiniMax M3
LegalBench (Vals AI)85.4%79.2%MiniMax M3
CorpFin (Vals AI)68.1%59.0%MiniMax M3
TaxEval (Vals AI)72.7%74.8%o4 Mini
MortgageTax (Vals AI)68.4%64.8%MiniMax M3
MedQA (Vals AI)Not measured96.0%Only o4 Mini measured
MedCode (Vals AI)46.3%33.8%MiniMax M3
MMLU Pro (Artificial Analysis run)Not measured83.2%Only o4 Mini measured
SimpleQA VerifiedNot measured19.6%Only o4 Mini measured
GeoBenchNot measured64.0%Only o4 Mini measured
LMArena Text: science14521354MiniMax M3
LMArena Text: medicine and healthcare14411361MiniMax M3
LMArena Text: legal and government14371350MiniMax M3
LMArena Text: business and finance14341325MiniMax M3
FACTS Benchmark SuiteNot measured28.1%Only o4 Mini measured
Neither model has a result on the other 3 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index60
Web design benchmarks for MiniMax M3 and o4 Mini
BenchmarkMiniMax M3o4 MiniLeader
Design Arena: websites1257985MiniMax M3
Design Arena: UI components1242983MiniMax M3
Design Arena: game dev12101003MiniMax M3
Design Arena: data viz1236991MiniMax M3
Design Arena: 3D1208854MiniMax M3
Design Arena: all code categories1247976MiniMax M3
Design Arena: SVG1161Not 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 index291
General benchmarks for MiniMax M3 and o4 Mini
BenchmarkMiniMax M3o4 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%41.1%MiniMax M3
MedScribe (Vals AI)87.3%69.1%MiniMax M3
Vals Multimodal Index60.0%Not measuredOnly MiniMax M3 measured
IFBench82.9%68.7%MiniMax M3
Long context reasoning (AA-LCR)83.0%61.0%MiniMax M3
DTBench78.9%77.6%MiniMax M3
LMCA33.7%26.5%MiniMax M3
Fiction.LiveBenchNot measured77.8%Only o4 Mini measured
Creative writing (Lech Mazur)Not measured75.0%Only o4 Mini measured
Surface Evolver Bench55.0%Not measuredOnly MiniMax M3 measured
LMArena Text14331353MiniMax M3
LMArena Text: instruction following14331320MiniMax M3
LMArena Text: creative writing14041294MiniMax M3
LMArena Vision12511194MiniMax M3
LMArena Text: English14431367MiniMax M3
LMArena Text: non-English14201337MiniMax M3
LMArena Text: Chinese14661354MiniMax M3
LMArena Text: German14281336MiniMax M3
LMArena Text: Japanese13801308MiniMax M3
LMArena Text: Korean13731312MiniMax M3
LMArena Text: French14441364MiniMax M3
LMArena Text: Spanish14331346MiniMax M3
LMArena Text: Russian14261334MiniMax M3
LMArena Text: Polish14231358MiniMax M3
LMArena Text: multi-turn14431350MiniMax M3
LMArena Text: longer queries14461315MiniMax M3
LMArena Text: writing and language14191316MiniMax M3
LMArena Text: entertainment and media14031308MiniMax M3
LMArena Vision: English12631200MiniMax M3
LMArena Vision: Chinese13111218MiniMax M3
LMArena Vision: reading text12591197MiniMax M3
LMArena Vision: humor12351199MiniMax M3
LMArena Vision: captioningNot measured1204Only o4 Mini measured
LMArena Vision: recognizing things11971218o4 Mini
LMArena Vision: creative writing12341166MiniMax M3
LMArena Document1435Not measuredOnly MiniMax M3 measured
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 MiniMax M3 and o4 Mini
BenchmarkMiniMax M3o4 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
o4 Mini$0.0033Fits in one request

MiniMax M3 costs less

Repository review

50K input + 3K output tokens

MiniMax M3$0.019Fits in one request
o4 Mini$0.068Fits in one request

MiniMax M3 costs less

Agent loop

200K input + 10K output tokens

MiniMax M3$0.072Fits in one request
o4 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 o4 Mini
SpecificationMiniMax M3OpenAI o4 Mini
MakerMiniMaxOpenAI
WeightsOpen weightsNo public weights listed
ReleasedMay 31, 2026April 16, 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 o4 Mini for coding?

Only MiniMax M3 has a coding score, 39.2 on the Vibe Coding Index; o4 Mini has none, so the two cannot be ranked on coding. Pick o4 Mini for work measured by LiveCodeBench (Vals AI) or Chess puzzles, where it leads.

Which is cheaper, MiniMax M3 or o4 Mini?

MiniMax M3 costs $0.30 per million input tokens and $1.20 per million output tokens; o4 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 o4 Mini?

MiniMax M3, with 1.05M tokens against 200K.

How many benchmarks is the MiniMax M3 vs o4 Mini comparison based on?

69 benchmarks have a result for both models as of October 22, 2026. MiniMax M3's coding index rests on 6 independent benchmarks and o4 Mini's on 0. Where only one model has a result, the page says so instead of naming a winner.

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