---
title: "GLM 5.3 vs MiniMax M3: Real Cost per Token, Plans & Benchmarks | Tokenews"
description: "GLM 5.3 vs MiniMax M3: 5 shared plans (5 matching workloads), token costs, allowances and 4 leaderboard snapshots, with dates, configurations and evidence."
url: https://tokenews.xyz/compare/glm-5-3-vs-minimax-m3/
updated: 2026-10-16
source: Tokenews (https://tokenews.xyz), data from Real API Pricing (https://github.com/Fei2411/real-api-pricing, MIT)
---

Comparison · [Zhipu](https://tokenews.xyz/makers/zhipu/) vs [MiniMax](https://tokenews.xyz/makers/minimax/)

# GLM 5.3 vs MiniMax M3: pricing, allowances and benchmarks

GLM 5.3 (Zhipu) and MiniMax M3 (MiniMax): 5 shared subscriptions and 4 shared leaderboard snapshots, with workloads, sample dates and benchmark configurations.

Plan & benchmark data snapshot 2026-10-16 · [How real prices are computed](https://tokenews.xyz/methodology/)

As of 2026-10-16, 5 of 5 shared subscriptions use matching normalized workloads: GLM 5.3 has a lower recorded token cost on 0, MiniMax M3 on 5, with 0 tied. Their highest archived configurations score 44.78 and 29.22 on Artificial Analysis Intelligence Index v4.3; all 4 shared leaderboard snapshots, configurations and sources appear below.

- **Shared subscriptions**: 5 — Both models available
- **Comparable workloads**: 5 — Used for price ratios
- **Shared leaderboards**: 4 — Highest archived configurations
- **Official API prices**: 2/ 2 — Models with list prices

- **Makers**: [Zhipu](https://tokenews.xyz/makers/zhipu/) · [MiniMax](https://tokenews.xyz/makers/minimax/)
- **Model pages**: [GLM 5.3](https://tokenews.xyz/models/glm-5-3/) · [MiniMax M3](https://tokenews.xyz/models/minimax-m3/)
- **Model IDs**: `glm-5.3` · `minimax-m3`
- **Comparison method**: [Workloads, shared quotas and benchmark limits](https://tokenews.xyz/compare/glm-5-3-vs-minimax-m3/#basis)

[Plot both on the price–capability chart](https://tokenews.xyz/#sel=glm_coding_pro_cn_old_offpeak%3A%3Aglm-5.3&sel=glm_coding_pro_cn_old_mid%3A%3Aglm-5.3&sel=glm_coding_max_cn_old_offpeak%3A%3Aglm-5.3&sel=glm_coding_max_cn_old_mid%3A%3Aglm-5.3&sel=glm_coding_lite_cn_old_offpeak%3A%3Aglm-5.3&sel=glm_coding_pro_cn_old_peak%3A%3Aglm-5.3&sel=glm_coding_lite_cn_old_mid%3A%3Aglm-5.3&sel=glm_coding_max_cn_old_peak%3A%3Aglm-5.3&sel=glm_coding_max_cn_new_offpeak%3A%3Aglm-5.3&sel=droid_max%3A%3Aglm-5.3&sel=glm_coding_pro_cn_new_offpeak%3A%3Aglm-5.3&sel=glm_coding_lite_cn_old_peak%3A%3Aglm-5.3&sel=glm_coding_max_cn_new_mid%3A%3Aglm-5.3&sel=glm_coding_lite_cn_new_offpeak%3A%3Aglm-5.3&sel=glm_coding_pro_cn_new_mid%3A%3Aglm-5.3&sel=glm_coding_max_cn_new_peak%3A%3Aglm-5.3&sel=glm_coding_lite_cn_new_mid%3A%3Aglm-5.3&sel=glm_coding_pro_cn_new_peak%3A%3Aglm-5.3&sel=glm_coding_lite_cn_new_peak%3A%3Aglm-5.3&sel=ollama_max%3A%3Aglm-5.3&sel=ollama_pro%3A%3Aglm-5.3&sel=command_code_goat%3A%3Aglm-5.3&sel=opencode_go%3A%3Aglm-5.3&sel=droid_max%3A%3Aminimax-m3&sel=minimax_token_ultra_cn%3A%3Aminimax-m3&sel=minimax_token_max_cn%3A%3Aminimax-m3&sel=minimax_token_max_global%3A%3Aminimax-m3&sel=opencode_go%3A%3Aminimax-m3&sel=minimax_token_plus_cn%3A%3Aminimax-m3&sel=minimax_token_plus_global%3A%3Aminimax-m3&sel=minimax_token_ultra_global%3A%3Aminimax-m3&sel=command_code_goat%3A%3Aminimax-m3&sel=ollama_max%3A%3Aminimax-m3&sel=ollama_pro%3A%3Aminimax-m3)

## Same plan, side by side

Each row is a subscription that includes both models at the same fee. Real cost = monthly fee ÷ the recorded monthly allowance. Each model's allowance assumes using the plan for that model; the columns cannot be added together. Click a price for its calculation and sources. Ratios use only matching normalized workloads.

Plans that include both GLM 5.3 and MiniMax M3

| Plan / provider | Monthly fee | GLM 5.3 | MiniMax M3 | Recorded token cost |
| --- | --- | --- | --- | --- |
| [Command Code GOAT](https://tokenews.xyz/providers/command-code/#plan-command-code-goat)[Command Code](https://tokenews.xyz/providers/command-code/) | $10/mo | [**$0.1546**](https://tokenews.xyz/models/glm-5-3/#ev-command-code-goat-glm-5-3) /MTok 0.065B tokens/month [Standard workload](https://tokenews.xyz/compare/glm-5-3-vs-minimax-m3/#basis) 2026-09-30 · official source date · confidence Medium | [**$0.01526**](https://tokenews.xyz/models/minimax-m3/#ev-command-code-goat-minimax-m3) /MTok 0.656B tokens/month [Standard workload](https://tokenews.xyz/compare/glm-5-3-vs-minimax-m3/#basis) 2026-09-30 · official source date · confidence Medium | MiniMax M3 lower10.1× price ratio (higher/lower) |
| [OpenCode Go](https://tokenews.xyz/providers/opencode/#plan-opencode-go)[OpenCode](https://tokenews.xyz/providers/opencode/) | $10/mo | [**$0.2062**](https://tokenews.xyz/models/glm-5-3/#ev-opencode-go-glm-5-3) /MTok 0.049B tokens/month [Standard workload](https://tokenews.xyz/compare/glm-5-3-vs-minimax-m3/#basis) 2026-09-30 · official source date · confidence Medium | [**$0.01195**](https://tokenews.xyz/models/minimax-m3/#ev-opencode-go-minimax-m3) /MTok 0.837B tokens/month [Standard workload](https://tokenews.xyz/compare/glm-5-3-vs-minimax-m3/#basis) 2026-09-30 · official source date · confidence Medium | MiniMax M3 lower17.3× price ratio (higher/lower) |
| [Ollama Pro](https://tokenews.xyz/providers/ollama/#plan-ollama-pro)[Ollama](https://tokenews.xyz/providers/ollama/) | $20/mo | [**$0.1031**](https://tokenews.xyz/models/glm-5-3/#ev-ollama-pro-glm-5-3) /MTok 0.194B tokens/month [Standard workload](https://tokenews.xyz/compare/glm-5-3-vs-minimax-m3/#basis) 2026-09-06 · official source date · confidence Medium | [**$0.0478**](https://tokenews.xyz/models/minimax-m3/#ev-ollama-pro-minimax-m3) /MTok 0.418B tokens/month [Standard workload](https://tokenews.xyz/compare/glm-5-3-vs-minimax-m3/#basis) 2026-09-06 · official source date · confidence Medium | MiniMax M3 lower2.16× price ratio (higher/lower) |
| [Ollama Max](https://tokenews.xyz/providers/ollama/#plan-ollama-max)[Ollama](https://tokenews.xyz/providers/ollama/) | $100/mo | [**$0.1031**](https://tokenews.xyz/models/glm-5-3/#ev-ollama-max-glm-5-3) /MTok 0.97B tokens/month [Standard workload](https://tokenews.xyz/compare/glm-5-3-vs-minimax-m3/#basis) 2026-09-06 · official source date · confidence Medium | [**$0.0478**](https://tokenews.xyz/models/minimax-m3/#ev-ollama-max-minimax-m3) /MTok 2.092B tokens/month [Standard workload](https://tokenews.xyz/compare/glm-5-3-vs-minimax-m3/#basis) 2026-09-06 · official source date · confidence Medium | MiniMax M3 lower2.16× price ratio (higher/lower) |
| [Droid Max](https://tokenews.xyz/providers/factory/#plan-droid-max)[Factory](https://tokenews.xyz/providers/factory/) | $200/mo | [**$0.02771**](https://tokenews.xyz/models/glm-5-3/#ev-droid-max-glm-5-3) /MTok 7.217B tokens/month [Anthropic workload](https://tokenews.xyz/compare/glm-5-3-vs-minimax-m3/#basis) 2026-09-29 · derived; uses the data date of Droid Max · claude-opus-5.5 · confidence Medium | [**$0.00594**](https://tokenews.xyz/models/minimax-m3/#ev-droid-max-minimax-m3) /MTok 33.68B tokens/month [Anthropic workload](https://tokenews.xyz/compare/glm-5-3-vs-minimax-m3/#basis) 2026-09-29 · derived; uses the data date of Droid Max · claude-opus-5.5 · confidence Medium | MiniMax M3 lower4.67× price ratio (higher/lower) |

## Leaderboards head to head

Each model's highest archived configuration on each shared leaderboard snapshot, ranked among the models archived in this dataset. Harness, reasoning effort and service mode can differ; self-reported and estimated results are marked. These reference configurations are not measurements of the subscriptions above. Overlapping leaderboards do not form an overall ability rating.

GLM 5.3 vs MiniMax M3 on independent leaderboards

| Leaderboard | Metric | GLM 5.3 | MiniMax M3 | Higher archived score |
| --- | --- | --- | --- | --- |
| [Artificial Analysis Intelligence Index v4.3](https://artificialanalysis.ai/leaderboards/models) | Intelligence Index | **44.78** #14 / 60 · GLM-5.3 (max) Max 2026-10-01 · [Record](https://tokenews.xyz/data/evidence/scores-aa-round5-2026-10-01.json) | **29.22** #40 / 60 · MiniMax-M3 Configuration details unavailable 2026-10-01 · [Record](https://tokenews.xyz/data/evidence/scores-aa-round5-2026-10-01.json) | GLM 5.3+15.56 |
| [Terminal-Bench 4.0 (AA)](https://artificialanalysis.ai/leaderboards/models) | Resolution Rate % | **41.92** #9 / 53 · Artificial Analysis - GLM-5.3 (max) Artificial Analysis · Max 2026-10-01 · [Record](https://tokenews.xyz/data/evidence/scores-aa-round5-2026-10-01.json) | **2.02** #38 / 53 · Artificial Analysis - MiniMax-M3 Artificial Analysis 2026-10-01 · [Record](https://tokenews.xyz/data/evidence/scores-aa-round5-2026-10-01.json) | GLM 5.3+39.9 |
| [Code Arena | WebDev Overall](https://arena.ai/leaderboard/code) | Arena Score | **1,622** #15 / 54 · glm-5.3-max Max Reported interval 1,613.8–1,630.2 2026-10-01 · [Record](https://tokenews.xyz/data/evidence/scores-code-arena-round2-2026-10-01.json) | **1,482** #41 / 54 · minimax-m3 Configuration details unavailable Reported interval 1,476.3–1,487.7 2026-10-01 · [Record](https://tokenews.xyz/data/evidence/scores-code-arena-round2-2026-10-01.json) | GLM 5.3+140 |
| [Agent Arena · Overall (Ranking / Pareto)](https://arena.ai/leaderboard/agent) | Net Improvement % | **2.57** #19 / 39 · GLM 5.3 (Max) Max Reported interval 1.85–3.29 2026-10-01 · [Record](https://tokenews.xyz/data/evidence/scores-agent-arena-round2-2026-10-01.json) | **\-6.71** #32 / 39 · Minimax M3 Configuration details unavailable Reported interval -7.6–-5.82 2026-10-01 · [Record](https://tokenews.xyz/data/evidence/scores-agent-arena-round2-2026-10-01.json) | GLM 5.3+9.28 |

## Official API pricing

Each row uses its listed pricing conditions. Cache writes are shown separately; subscription costs above retain their recorded quota basis. An em dash means that rate is not recorded.

List price per million tokens

| Model / pricing conditions | Cached input | Input | Cache write | Output |
| --- | --- | --- | --- | --- |
| [GLM 5.3](https://tokenews.xyz/models/glm-5-3/)Upstream reference[Upstream price reference](https://tokenews.xyz/models/glm-5-3/#ev-glm-coding-pro-cn-old-offpeak-glm-5-3) | $0.26 | $1.4 | — | $4.4 |
| [MiniMax M3](https://tokenews.xyz/models/minimax-m3/)Upstream reference[Upstream price reference](https://tokenews.xyz/models/minimax-m3/#ev-droid-max-minimax-m3) | $0.06 | $0.3 | — | $1.2 |

## How to read this comparison

Price ratios compare recorded USD/MTok under the same known workload. Raw measured totals, different workloads and unmetered access remain visible but are excluded from the lower-cost counts. Recorded allowances assume using the quota; your effective cost depends on utilization, cache mix, output mix and plan limits. Qualitative confidence is not an error bar.

-   Standard workload: 97% cache reads / 2.5% input / 0.5% output
-   Anthropic workload: 97% cache reads / 2.5% cache writes / 0.5% output

[Methodology and sources](https://tokenews.xyz/methodology/)

## More comparisons

-   [Claude Sonnet 5.5 vs GLM 5.3](https://tokenews.xyz/compare/claude-sonnet-5-5-vs-glm-5-3/)
-   [Kimi K3 vs GLM 5.3](https://tokenews.xyz/compare/glm-5-3-vs-kimi-k3/)
-   [GLM 5.3 vs DeepSeek V4.1 Flash](https://tokenews.xyz/compare/deepseek-v4-1-flash-vs-glm-5-3/)
-   [GLM 5.3 vs GLM 5.3 Flash](https://tokenews.xyz/compare/glm-5-3-vs-glm-5-3-flash/)

[All comparisons](https://tokenews.xyz/compare/)