MiniMax M3 API Pricing

Short answer

MiniMax M3 costs $0.60 per 1M input tokens and $2.40 per 1M output tokens (cached input $0.12/1M). Context window: 1,048,576. Last verified 2026-06-17 from platform.minimax.io. Confidence: Verified.

MiniMax M3 is MiniMax's open-weight flagship combining frontier coding, a 1M-token context window, and native multimodal input.

Input
$0.60 /1M
Output
$2.40 /1M
Cached input
$0.12 /1M
Input pricing$0.60
Cached input$0.12
Output pricing$2.40

Limits & capabilities

Context window1,048,576
Max output524K
Modalitytext + image + video input, text output
ChannelOfficial >512K tier
ProviderMiniMax

Best for

Open weightAgenticCodingLong context
Higher context tier for requests over 512K tokens. Open-weight; USD-native pricing. Official Pay-as-You-Go currently shows the 50% off rate for ≤512K context: $0.30 in / $1.20 out / $0.06 cache-read. Requests over 512K bill at the higher tier.

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