AI model comparison

MiniMax M3 vs DeepSeek V4 Flash 0423

Pricing, context window, benchmarks, and features compared side by side. Or skip the guesswork and send one prompt to both.

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MiniMax

MiniMax M3

MiniMax-M3 is a multimodal foundation model from MiniMax.

Input / 1M
$0.30
Output / 1M
$1.20
Context
1.05M

DeepSeek V4 Flash is an efficiency-optimized Mixture-of-Experts model from DeepSeek with 284B total parameters and 13B activated parameters, supporting a 1M-token context window.

Input / 1M
$0.01
Output / 1M
$1.28
Context
1.05M

At a glance

Quick verdict

How the two models stack up on the things people ask about most.

Lower price

deepseek logo

DeepSeek V4 Flash 0423

1.8x cheaper for a typical chat

Higher intelligence score

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MiniMax M3

29.2 vs 24.4 on Artificial Analysis

Larger context window

Tie

1.05M vs 1.05M tokens

Newer release

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MiniMax M3

Released May 31, 2026

Benchmarks

Benchmark scores

Independent scores from Artificial Analysis. Higher is better.

Intelligence index

minimax logoMiniMax M329.2
deepseek logoDeepSeek V4 Flash 042324.4

Coding index

minimax logoMiniMax M358.6
deepseek logoDeepSeek V4 Flash 042352

Agentic index

minimax logoMiniMax M329.5
deepseek logoDeepSeek V4 Flash 042326.3

Pricing

MiniMax M3 vs DeepSeek V4 Flash 0423 API pricing

Per-token API rates. Cheaper option highlighted.

Metricminimax logoMiniMax M3deepseek logoDeepSeek V4 Flash 0423
Input tokensPer 1M tokens$0.30$0.01
Output tokensPer 1M tokens$1.20$1.28
Cached input (read)Per 1M tokens$0.06$0.01
Cache writePer 1M tokensNot availableNot available

What it costs in practice

Estimated cost per 1,000 requests at standard rates. Coding and long-document figures also show the cost when the input is already cached.

Chat message

2K in, 500 out

minimax logoMiniMax M3$1.20
deepseek logoDeepSeek V4 Flash 0423$0.66

Coding task

30K in, 4K out

minimax logoMiniMax M3$13.80$6.60 cached
deepseek logoDeepSeek V4 Flash 0423$5.42$5.42 cached

Long document summary

150K in, 2K out

minimax logoMiniMax M3$47.40$11.40 cached
deepseek logoDeepSeek V4 Flash 0423$4.05$4.05 cached

Specs

Context window and capabilities

How much each model can read, how much it can write, and what it accepts as input.

Metricminimax logoMiniMax M3deepseek logoDeepSeek V4 Flash 0423
Context window1.05M tokens1.05M tokens
Max output512K tokens944K tokens
Input typesImage, Text, VideoText
Output typesTextText
Reasoning effort levelsNot availableExtra high, High
Default reasoning effortNot availableHigh
Release dateMay 31, 2026April 24, 2026

Features

Supported features

API features available for each model.

Metricminimax logoMiniMax M3deepseek logoDeepSeek V4 Flash 0423
Tool callingSupportedSupported
Structured outputsSupportedSupported
JSON modeSupportedSupported
ReasoningSupportedSupported
TemperatureSupportedSupported
Stop sequencesSupportedSupported
Deterministic seedSupportedSupported
Verbosity controlNot supportedNot supported

Our take

DeepSeek V4 Flash 0423 is 1.8x cheaper for a typical chat. MiniMax M3 scores higher on the Artificial Analysis Intelligence Index (29.2 vs 24.4). The right pick depends on your workload, so the quickest way to settle it is to send the same prompt to both and compare.

FAQ

Frequently asked questions

Is MiniMax M3 or DeepSeek V4 Flash 0423 cheaper?

DeepSeek V4 Flash 0423 is cheaper for a typical chat (2K input tokens and 500 output tokens). DeepSeek V4 Flash 0423 costs $0.01 per 1M input tokens and $1.28 per 1M output tokens, while MiniMax M3 costs $0.30 per 1M input tokens and $1.20 per 1M output tokens.

Which has a bigger context window, MiniMax M3 or DeepSeek V4 Flash 0423?

MiniMax M3 supports up to 1.05M tokens of context, compared with 1.05M for DeepSeek V4 Flash 0423.

Is MiniMax M3 smarter than DeepSeek V4 Flash 0423?

On the Artificial Analysis Intelligence Index, MiniMax M3 scores 29.2 and DeepSeek V4 Flash 0423 scores 24.4, putting MiniMax M3 ahead. Benchmarks don't capture everything, so the best test is running your own prompts through both.

Can I use MiniMax M3 and DeepSeek V4 Flash 0423 at the same time?

Yes. Shortcut Chat sends one prompt to multiple models at once, so you can see MiniMax M3 and DeepSeek V4 Flash 0423 answer side by side and keep the better response.

minimax logodeepseek logo

Why choose? Ask both.

Send one prompt to MiniMax M3 and DeepSeek V4 Flash 0423 at the same time. Compare the answers side by side and keep the best one.