DeepSeek V3 0324 vs MiniMax-M2.

model vs model · prices as of

DeepSeek V3 0324 takes 3 of 5 rounds against MiniMax-M2. MiniMax-M2 counters on price: $1.60 per million tokens against $1.62, for 205k context instead of 164k.

DeepSeekwins 3 rounds

DeepSeek V3 0324

$1.62/M tokens

cheapest we can explain, at DeepInfra · $0.198 per 1,000 pages

164k context · tool calling · open weights

DeepInfra ↗
MiniMax

MiniMax-M2

$1.60/M tokens

cheapest we can explain, at LLM Gateway · $0.18 per 1,000 pages

205k context · tool calling · open weights

List price in (lower wins)

$0.29/M

$0.30/M

List price out (lower wins)

$1.14/M

$1.20/M

Cheapest we can explain (lower wins)

$1.62/M at DeepInfra

$1.60/M at LLM Gateway

Standard price (lower wins)

$2.01/M

$2.10/M

Cost per 1,000 pages (lower wins)

$0.198

$0.18

Context

164k tokens

205k tokens

Open weights

yes

yes

Tool calling

yes

yes

Structured output

yes

not stated

Reads images

no

no

Reasoning

no

yes

Released

24 Mar 2025

27 Oct 2025

Providers selling it

6

21

Price we measure against

OpenRouter

the maker's own

Trains on your prompts (no is better)

not stated

not stated

Providers selling both · 3

  • Nous Portal$1.62 / $1.79
  • Kilo Gateway$2.01 / $2.10
  • OpenRouter$2.01 / $2.10

DeepSeek V3 0324 then MiniMax-M2, 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 0324Kilo Gateway$0.25 / $1 $0.29 / $1.1415% dearer ·
  2. DeepSeek V3 0324OpenRouterOpenRouter's list price, in and out per million tokens$0.25 / $1 $0.29 / $1.1415% dearer ·
  3. DeepSeek V3 0324OpenRouter$0.25 / $1 $0.29 / $1.1415% dearer ·
  4. MiniMax-M2OpenRouter$0.26 / $1.02 $0.30 / $1.2018% dearer ·

Frequently asked

Which is cheaper, DeepSeek V3 0324 or MiniMax-M2?
MiniMax-M2, at $1.60 per million tokens against $1.62 for DeepSeek V3 0324, three parts input to one part output, read on 28 Sept 2026.
Where is each one cheapest?
DeepSeek V3 0324: $1.62 at DeepInfra. MiniMax-M2: $1.60 at LLM Gateway.
Can I buy both from one provider?
Yes. 3 providers sell both: Nous Portal, Kilo Gateway, OpenRouter. The cheapest of them for the two together is Nous Portal.
Which holds more context?
MiniMax-M2, at 205k tokens against 164k.

Prices exclude tax and are per million tokens, read 28 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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