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Head to head · prices checked 22 September 2026

MiniMax M3 vs DeepSeek V4 Pro

Two of the cheapest models that their makers position as frontier, both open weight. Both list prices from the makers’ own pages, and what three everyday jobs cost on each.

What a job costsEvery model

US dollars, standard rate, shortest context band. Price only: this page does not rank quality.

1,000 support replies
4×what DeepSeek V4 Pro costs next to MiniMax M3
MiniMax M3
$1.38
DeepSeek V4 Pro
$5.54
MiniMax M3, per M tokens
$0.30 / $1.20
DeepSeek V4 Pro, per M tokens
$1.32 / $3.96

3,000 tokens in and 400 out each, at list price.

Per million tokens, MiniMax M3 costs $0.30 in and $1.20 out; DeepSeek V4 Pro costs $1.32 in and $3.96 out. 1,000 support replies cost $5.54 on DeepSeek V4 Pro and $1.38 on MiniMax M3, so DeepSeek V4 Pro costs 4 times as much. Both read up to 1M tokens at once.

Side by side

Each maker’s published rate for its standard tier. Cached input is what a repeated prompt prefix costs once the provider has stored it.

MiniMax M3 and DeepSeek V4 Pro: list prices and specifications
FactMiniMax M3DeepSeek V4 Pro
MakerMiniMaxDeepSeek
TierFlagshipsFlagships
Input, per M tokens$0.30$1.32
Output, per M tokens$1.20$3.96
Cached input$0.06$0.044
Context window1M1M
Released1 Jun 202613 Aug 2026
WeightsOpenOpen

What a job costs on each

1,000 runs of each job at the two list prices. The gap moves from job to job because the models price input, output and cached context differently.

Cost of 1,000 runs of three jobs on MiniMax M3 and DeepSeek V4 Pro
JobMiniMax M3DeepSeek V4 ProCheaper
Support reply3,000 in, 400 out.$1.38$5.54MiniMax M3, 75% less
Document summary25,000 in, 1,000 out.$8.70$36.96MiniMax M3, 76% less
Agent task80,000 in (70,000 cached), 3,000 out.$10.80$28.16MiniMax M3, 62% less

The token counts are ours, chosen to look like real work; the prices are the makers’. A model with no published cache price bills the agent task’s repeated context at its full input rate.

The small print

What each base rate leaves out, from the makers’ own pages: surcharges, discounts, promotions and cache pricing.

MiniMax M3
Shown as a 'Permanent 50% off' price (struck-out $0.60 / $2.40), recorded as the list price. Above 512K input: $0.60 / $2.40, cache read $0.12. Priority tier 1.5x. Open weights (self-host guide on the official docs, MiniMaxAI/MiniMax-M3 on Hugging Face). MiniMax’s pricing page
DeepSeek V4 Pro
Peak-hour rate, recorded as the list price. Off-peak (all hours outside 01:00-04:00 and 06:00-10:00 UTC on weekdays) is half: $0.66 / $1.98, cache hit $0.022. Peak and off-peak pricing started 2026-08-16. API name deepseek-v4-pro serves DeepSeek-V4-Pro-0813 (V4 first shipped 2026-04-24). Max output 384K. DeepSeek’s pricing page

Other comparisons

Every head to head on the list that involves MiniMax M3 or DeepSeek V4 Pro.

Run DeepSeek V4 Pro for a quarter of list price

AIGROW API credit covers DeepSeek V4 Pro and is metered at the list prices above: $25 buys $100 of usage.

See API creditCompare every model

Prices checked 22 September 2026