MiniMax M3 API pricing: $0.30 input, $1.20 output per 1M

MiniMax M3 is a 1M-context coding and agent model. Standard pricing starts at $0.30/1M input and $1.20/1M output up to 512K input, with higher long-context and priority tiers.

By benchr Editorial Team · · Figures verified against official sources, July 13, 2026

Official pricing and limits

MiniMax M3 API pricing: $0.30 input, $1.20 output per 1M — official data
FieldValue
Model IDMiniMax-M3
Standard input <=512K / 1M$0.30
Standard output <=512K / 1M$1.20
Cache read <=512K / 1M$0.06
Standard input >512K / 1M$0.60
Standard output >512K / 1M$2.40
Priority multiplier1.5x standard
Context window1,000,000 tokens

Where it fits

MiniMax M3 is a low-rate candidate for coding, tool-use, and multimodal agent experiments. Check how often your prompts cross 512K first, because the published input and output rates double above that boundary.

When to skip it

Skip it if your stack depends on provider-native enterprise controls from OpenAI, Anthropic, or Google, or if you need official max-output and benchmark tables before approval.

Sources