DeepSeek V3.1 vs MiniMax-01.

model vs model · prices as of

DeepSeek V3.1 takes 3 of 5 rounds against MiniMax-01. It is also the cheaper of the two to run, at $1.40 per million tokens against $1.54.

DeepSeekwins 3 rounds

DeepSeek V3.1

$1.40/M tokens

cheapest we can explain, at TensorX · $0.168 per 1,000 pages

164k context · tool calling · open weights

MiniMax

MiniMax-01

$1.54/M tokens

cheapest we can explain, at NanoGPT · $0.151 per 1,000 pages

1M context · reads images · open weights

NanoGPT

List price in (lower wins)

$0.25/M

$0.20/M

List price out (lower wins)

$0.95/M

$1.10/M

Cheapest we can explain (lower wins)

$1.40/M at TensorX

$1.54/M at NanoGPT

Standard price (lower wins)

$1.70/M

$1.70/M

Cost per 1,000 pages (lower wins)

$0.168

$0.151

Context

164k tokens

1M tokens

Open weights

yes

yes

Tool calling

yes

no

Structured output

yes

no

Reads images

no

yes

Reasoning

yes

no

Released

21 Aug 2025

15 Jan 2025

Providers selling it

12

4

Price we measure against

OpenRouter

the maker's own

Trains on your prompts (no is better)

not stated

not stated

Providers selling both · 2

  • OpenRouter$1.70 / $1.70
  • Kilo Gateway$1.81 / $1.70

DeepSeek V3.1 then MiniMax-01, per million tokens

Go further

Add a third or fourth model, or switch the weighting, in the tool.

What moved in the last seven days

  1. DeepSeek V3.1Nous Portal$0.20 / $0.76 $0.25 / $0.9525% dearer ·

Frequently asked

Which is cheaper, DeepSeek V3.1 or MiniMax-01?
DeepSeek V3.1, at $1.40 per million tokens against $1.54 for MiniMax-01, three parts input to one part output, read on 16 Sept 2026.
Where is each one cheapest?
DeepSeek V3.1: $1.40 at TensorX. MiniMax-01: $1.54 at NanoGPT.
Can I buy both from one provider?
Yes. 2 providers sell both: OpenRouter, Kilo Gateway. The cheapest of them for the two together is OpenRouter.
Which holds more context?
MiniMax-01, at 1M tokens against 164k.

Prices exclude tax and are per million tokens, read 16 Sept 2026 from each provider's own catalog. The standard price blends three parts input to one part output; a page is 600 tokens in and 60 out. Bars are scaled to the larger value in each row.

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