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MiniMax M3 API pricing

As of October 21, 2026, MiniMax M3 costs $0.30 per million input tokens and $1.20 per million output tokens through OpenRouter, with cached input at $0.06 per million.

MiniMax M3 benchmarks and specs · Every MiniMax model's price

  • Input, per million tokens$0.30
  • Output, per million tokens$1.20
  • Cached input, per million$0.06
  • Context window1.05M tokens
  • Max output512K tokens
  • Output speed98 tok/s

What a request costs

Three fixed token mixes at the list price, without cache or batch discounts. For a whole month, use the calculator.

Cost of three workloads on MiniMax M3
WorkloadTokensOne request1,000 requestsFits the context window
Chat turn 1K input + 500 output tokens $0.0009 $0.900 Yes
Repository review 50K input + 3K output tokens $0.019 $18.60 Yes
Agent loop 200K input + 10K output tokens $0.072 $72.00 Yes
Solved coding task One SWE-bench Verified attempt, divided by the share that succeed $0.56 $560.00

Price history

We read this price every day and have since October 15, 2026. It has not changed yet; any change will be listed here with its date.

  1. October 15, 2026 First recorded: $0.30 input, $1.20 output

Cheaper models as good as MiniMax M3

Models within two points of MiniMax M3 or above it on the Artificial Analysis Intelligence Index, with a lower output price. Cheapest first.

MiniMax M3 pricing questions

How much does MiniMax M3 cost per million tokens?
$0.30 per million input tokens and $1.20 per million output tokens, as listed on OpenRouter on October 21, 2026.
Does MiniMax M3 support prompt caching?
Yes. OpenRouter lists cached input at $0.06 per million tokens, against $0.30 for uncached input.
Is there a cheaper model as good as MiniMax M3?
Ling 3.1 Flash scores 41.1 on the Artificial Analysis Intelligence Index, within two points of MiniMax M3 or above it, and costs $0.225 per million output tokens.
Has the price of MiniMax M3 changed?
Not since we started recording it daily on October 15, 2026.