MiniMax-M2.5 vs MiniMax-M3.

model vs model · prices as of

MiniMax-M2.5 and MiniMax-M3 split the 5 rounds this table counts: the two list price rows, the cheapest price we can explain, the standard price and context. The weighting you pick decides the rest.

MiniMax

MiniMax-M2.5

$1.54/M tokens

cheapest we can explain, at DInference · $0.185 per 1,000 pages

205k context · tool calling · open weights

MiniMax

MiniMax-M3

$1.58/M tokens

cheapest we can explain, at Empirio Labs · $0.189 per 1,000 pages

1M context · tool calling · reads images · open weights

List price in (lower wins)

$0.30/M

$0.30/M

List price out (lower wins)

$1.20/M

$1.20/M

Cheapest we can explain (lower wins)

$1.54/M at DInference

$1.58/M at Empirio Labs

Standard price (lower wins)

$2.10/M

$2.10/M

Cost per 1,000 pages (lower wins)

$0.185

$0.189

Context

205k tokens

1M tokens

Open weights

yes

yes

Tool calling

yes

yes

Structured output

not stated

not stated

Reads images

no

yes

Reasoning

yes

yes

Released

12 Feb 2026

1 Jun 2026

Providers selling it

48

55

Price we measure against

the maker's own

the maker's own

Trains on your prompts (no is better)

not stated

not stated

Providers selling both · 33

  • TrustedRouter$1.65 / $1.74
  • Nous Portal$1.76 / $1.65
  • DeepInfra$1.60 / $1.94
  • Venice$1.76 / $2.10
  • Poe$1.78 / $2.12
  • OpenRouter$1.89 / $2.10
  • StreamLake$1.89 / $2.10
  • Atlas Cloud$2.09 / $2.10

MiniMax-M2.5 then MiniMax-M3, per million tokens · showing the 8 cheapest of 33

Go further

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

What moved in the last seven days

  1. MiniMax-M2.5io.net Intelligence$0.35 / $1.37 $0.29 / $1.1815% cheaper ·
  2. MiniMax-M2.5Nous Portal$0.22 / $0.76 $0.27 / $0.9525% dearer ·
  3. MiniMax-M3Nous Portal$0.18 / $0.77 $0.23 / $0.9625% dearer ·
  4. MiniMax-M2.5Cortecs$0.31 / $1.24 $0.31 / $1.231.0% cheaper ·
  5. MiniMax-M2.5OpenRouter$0.30 / $1.20 $0.27 / $1.0810% cheaper ·
  6. MiniMax-M2.5Requesty$0.36 / $1.44 $0.30 / $1.2017% cheaper ·
  7. MiniMax-M3Cortecs$0.41 / $2.07 $0.41 / $2.051.0% cheaper ·
  8. MiniMax-M3Requesty$0.40 / $2 $0.30 / $1.2034% cheaper ·

Frequently asked

Which is cheaper, MiniMax-M2.5 or MiniMax-M3?
MiniMax-M2.5, at $1.54 per million tokens against $1.58 for MiniMax-M3, three parts input to one part output, read on 16 Sept 2026.
Where is each one cheapest?
MiniMax-M2.5: $1.54 at DInference. MiniMax-M3: $1.58 at Empirio Labs.
Can I buy both from one provider?
Yes. 33 providers sell both: TrustedRouter, Nous Portal, DeepInfra, Venice, Poe, OpenRouter, and more. The cheapest of them for the two together is TrustedRouter.
Which holds more context?
MiniMax-M3, at 1M tokens against 205k.

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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