MiniMax

MiniMax M3

MiniMax's latest M-series flagship for agentic text work, with prompt caching and a 512K standard context tier, available via OpenRouter and on Fireworks / Together.

ActiveAvailable from 11 providers
Tool callingCan invoke external tools and APIs (function calling) mid-response.Structured outputCan return JSON or schema-constrained responses instead of free text.ReasoningUses extended thinking / chain-of-thought for harder multi-step problems.Effort controlLets you dial thinking depth (low / medium / high) to trade cost for quality.Fine-tuningSupports training a custom variant on your own data (vendor fine-tune API or self-hosted open weights).

Source: MiniMax pay-as-you-go pricing, MiniMax models

Price per 1M tokens via AtlasCloud (OpenRouter)
$0.3 in / $1.2 out
Context window1,048,576
Max output524,288
Cache read$0.06 / M
ModalitiesText, Image, Video → Text
Priced across11 providers

Pricing

Every billing leg from the live catalog, in USD per 1M tokens.

Billing legRate
Input$0.3 / M
Output$1.2 / M
Cache read$0.06 / M

Cost calculator

Billing-grade math over the rate card above, including the thinking tokens most estimates miss.

Hidden reasoning tokens bill as output. 1.0x = thinking off. Medium-effort reasoning typically lands near 3x; heavy reasoning runs 6x to 8x. Set it to match your workload.

Estimated monthly cost
$132
at current list prices
Fresh input$60.00
Cached input$0.00
Output incl. thinking$72.00
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Compare providers

The same model, priced across every platform that serves it. Lowest combined in/out rate is flagged.

PlatformInput / MOutput / MCache read / MBatchAccess
Fireworks AILowest
$0.3$1.2$0.06✓Direct
Together AI
$0.3$1.2$0.06—Direct
AtlasCloud
$0.3$1.2$0.06—via OpenRouter
DeepInfra
$0.3$1.2$0.06—via OpenRouter
GMICloud
$0.3$1.2$0.06—via OpenRouter
MiniMax
$0.3$1.2$0.06—via OpenRouter
Novita
$0.3$1.2$0.06—via OpenRouter
Parasail
$0.3$1.2$0.06—via OpenRouter
Together AI
$0.3$1.2$0.06—via OpenRouter
Venice
$0.3$1.2$0.06—via OpenRouter
Morph
$0.6$2.4——via OpenRouter

Price history

Has this model gotten cheaper or more expensive?

No changePriced at $0.3 / $1.2 per 1M since July 10, 2026.

More from MiniMax

Other models from the same provider.

MiniMax M2.7
minimax/minimax-m2.7
$0.25 / $1 in / out per 1M
MiniMax M2.5
minimax/minimax-m2.5
$0.15 / $0.9 in / out per 1M

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SuperPenguin meters every MiniMax M3 call your team makes, prices it with this exact rate card, and shows spend by feature, customer, and team.

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Rates are generated from SuperPenguin's live pricing catalog.