DeepSeek V4 Pro vs MiniMax-M3 pricing

Prices

DeepSeek V4 Pro and MiniMax-M3 prices, USD per 1M tokens
USD per 1M tokensDeepSeek V4 ProMiniMax-M3
Input$1.32$0.30
Output$3.96$1.20
Cache read$0.044$0.06
Cache writeNot publishedNot published
Batch inputNot publishedNot published
Batch outputNot publishedNot published
Off-peak input$0.66Not published
Off-peak output$1.98Not published
Off-peak cache read$0.022Not published

DeepSeek V4 Pro: The Input, Output and Cache read rows are the standard (peak) prices; the Off-peak rows apply at other times. Off-peak is every hour outside 01:00–04:00 and 06:00–10:00 UTC on weekdays, plus weekends and Chinese public holidays.

Verified against the provider's official pricing page on Oct 9, 2026. Official pricing page

MiniMax's list price for its own API, as compiled by models.dev and checked Oct 10, 2026, 09:00 UTC. Prices on cloud platforms and resellers can differ. Provider documentation

Monthly cost by workload

WorkloadDeepSeek V4 ProMiniMax-M3
Chatbot1,000 in / 500 out tokens, 10,000 requests a day$990.00/mo$270.00/mo
RAG8,000 in / 500 out tokens, 5,000 requests a day$1,881/mo$450.00/mo
Coding agent50,000 in / 2,000 out tokens, 1,000 requests a day, 80% cached input$686.40/mo$234.00/mo

Cost = input tokens × input price + output tokens × output price, 30 days a month. Cached input uses the cache read price. Cache write fees are not included.

Context and capabilities

DeepSeek V4 ProMiniMax-M3
Context1,000,000 tokens1,000,000 tokens
Max output393,216 tokens512,000 tokens
Inputtexttext, image, video
Tool callingYesYes
ReasoningYesYes
Structured outputsYesNo

Questions

What is the price difference between DeepSeek V4 Pro and MiniMax-M3?
DeepSeek V4 Pro: $1.32 per 1M input tokens and $3.96 per 1M output tokens. MiniMax-M3: $0.30 per 1M input tokens and $1.20 per 1M output tokens. For the Chatbot workload (1,000 in / 500 out tokens, 10,000 requests a day), that is about $990.00 per month for DeepSeek V4 Pro and $270.00 for MiniMax-M3.
Which has the longer context window, DeepSeek V4 Pro or MiniMax-M3?
Both accept up to 1,000,000 tokens of context.
Do DeepSeek V4 Pro and MiniMax-M3 have prompt caching and batch prices?
DeepSeek V4 Pro: cached input $0.044 per 1M tokens; no batch price published. MiniMax-M3: cached input $0.06 per 1M tokens; no batch price published.

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