MiniMax-M3
MiniMax
Key facts · verified Oct 30, 2026
MiniMax-M3 is a MiniMax model released on 1 Jun 2026. Its API price is $0.30 per million input tokens and $1.20 per million output tokens (standard, permanent 50% off list price). Its context window is 1M tokens (512k guaranteed minimum). It ranks #98 on LMArena's text leaderboard (Elo 1439, read 1 Nov 2026). Source: platform.minimax.io.
An open-weight 428B MoE model (23B active) with a new MiniMax Sparse Attention design giving it a 1M token context window, native image/video input, and desktop computer-use support. Released under the MiniMax Community License.
Pricing & specs checkedSource: vendor documentation · checked Oct 30, 2026LMArena: 1439 Elo (rank 98) · source · retrieved Nov 1, 2026
Pricing
$0.30 / $1.20 per million tokens
Context
1M tokens (512k guaranteed minimum)
LMArena Elo
LMArena rank
Key Features
Open Weights Agentic Coding Native Multimodal Computer Use Long Context Tool Use
Full Specifications
$0.30 / $1.20 per million tokens | |
|---|---|
| Identity | |
| Developer | MiniMax |
| Released | Jun 2026 |
| Status | GA |
| Licence | Open weights (MiniMax Community License) |
| Self-hostable | Yes (open weights) |
| Cost | |
| Blended $/1M tokensinput × 0.75 + output × 0.25 | $0.525 / 1M tokens |
| Input price | $0.300 / 1M tokens |
| Output price | $1.200 / 1M tokens |
| Cached input | $0.06 / 1M tokens (cache hit, discounted) |
| Batch discount | Not published |
| Free tier | No published free tier |
| Capacity | |
| Context window | 1M tokens (512k guaranteed minimum) |
| Max output | Not published |
| Long-context surcharge | $0.60 / $2.40 per 1M above 512k input |
| Capability | |
| Vision in | Yes |
| Audio in | No |
| Function calling | Yes |
| Structured output | Yes |
| Extended reasoning | Yes |
| Web search | Not published |
| Code execution | Not published |
| Access | |
| API | Yes |
| Chat app | Yes |
| Cloud marketplaces | Not published |
| Fine-tuning | Not published |
| Measured quality | |
| LMArena Elo | 1439 (checked Nov 2026) |
| LMArena rank | Rank 98 |
| GPQA Diamond | 91 |
| Elo per dollarLMArena Elo ÷ blended $/1M tokens | 2741 |