MiniMax M3 vs DeepSeek V4 Flash

MiniMax M3 (MiniMax) costs $0.30 per million input tokens and $1.20 per million output tokens; DeepSeek V4 Flash (DeepSeek) costs $0.30 and $1.20. Both cost the same for a typical 3:1 input-to-output mix. Both accept up to 1M tokens of context.

MiniMax M3DeepSeek V4 Flash
ProviderMiniMaxDeepSeek
Input / 1M tokens$0.30$0.30
Output / 1M tokens$1.20$1.20
Cached input / 1M$0.06$0.006
Blended (3:1)$0.52$0.52
Context window1M1M
Max output128K393K
VisionYesYes
Tool useYesYes
ReasoningYesYes
Listed sinceJun 6, 2026Jun 20, 2026

Cost per 1,000 requests

WorkloadMiniMax M3DeepSeek V4 Flash
Chatbot reply2,000 input + 500 output tokens$1.20$1.20
RAG / search answer8,000 input + 700 output tokens$3.24$3.24
Long-document summary100,000 input + 2,000 output tokens$32.40$32.40

Blended price history

MiniMax M3DeepSeek V4 Flash
$0$0.300$0.600$0.900$1.20Jul 26Aug 26Sep 26Oct 26$0.525$0.525

Blended = (3 × input + output) ÷ 4, per million tokens. Each line starts when the model first appeared in the price list.

The companies

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List prices for each provider's own API (USD), taken daily from LiteLLM's public model price list. Batch, caching and committed-use discounts aren't reflected. Price alone says nothing about output quality; check benchmarks and your own evaluations before switching.