MiniMax M3 pricing: real cost per million tokens

What MiniMax's MiniMax M3 really costs across 11 plans from 5 providers: monthly fees, usable allowances and real per-token prices, against the official API list price and independent leaderboards.

Data updated · How real prices are computed

As of 2026-10-08, the cheapest way to use MiniMax M3 is Droid Max at a real cost of about $0.00594 per million tokens ($200/month for roughly 33.68B tokens a month). We track 11 plans and API channels that serve MiniMax M3. Official API list price per million tokens: $0.06 cached input, $0.3 input, $1.2 output — about $0.0717 per million tokens on a standard workload mix.

Lowest real price
$0.00594/MTokDroid Max
API list price
$0.0717/MTokstandard workload mix
Most monthly tokens
33.68BDroid Max
Plans & APIs
1111 subscriptions · 0 metered APIs
Maker
MiniMax
Model ID
minimax-m3
Providers
Command Code, Factory, MiniMax, Ollama, OpenCode
Leaderboards
Artificial Analysis Intelligence Index v4.3, Terminal-Bench 4.0 (AA), Code Arena | WebDev Overall, Agent Arena · Overall (Ranking / Pareto)

Plot MiniMax M3 on the price–capability chart →

MiniMax M3 plans and real prices

Real price = monthly fee ÷ tokens you can actually use in a month. “vs API” shows how many times cheaper than the official API list price (standard workload mix) the plan is. “Evidence” opens the full calculation and sources for that row.

Every tracked way to use MiniMax M3, cheapest first
PlanProviderBillingMonthly feeMonthly tokensReal $/MTokvs APIConfidenceData date
Droid MaxFactorySubscription$200/mo33.68B$0.0059412.1×MediumEvidence ↓
MiniMax Token Plan UltraMiniMaxSubscription$69.19/mo7.1B$0.009747.4×HighEvidence ↓
MiniMax Token Plan MaxMiniMaxSubscription$17.55/mo1.8B$0.009757.4×HighEvidence ↓
MiniMax Token Plan Max (Global)MiniMaxSubscription$55/mo5.1B$0.010786.6×HighEvidence ↓
OpenCode GoOpenCodeSubscription$10/mo0.837B$0.011956×MediumEvidence ↓
MiniMax Token Plan PlusMiniMaxSubscription$7.23/mo0.6B$0.012056×HighEvidence ↓
MiniMax Token Plan Plus (Global)MiniMaxSubscription$22/mo1.7B$0.012945.5×HighEvidence ↓
MiniMax Token Plan Ultra (Global)MiniMaxSubscription$132/mo9.8B$0.013475.3×HighEvidence ↓
Command Code GOATCommand CodeSubscription$10/mo0.656B$0.015264.7×MediumEvidence ↓
Ollama MaxOllamaSubscription$100/mo2.092B$0.04781.5×MediumEvidence ↓
Ollama ProOllamaSubscription$20/mo0.418B$0.04781.5×MediumEvidence ↓

Behind each number

For every plan: the data date, the exact calculation, the quota basis, how leaderboard scores were mapped, and the original adoption evidence with its sources.

Droid MaxFactory$0.00593824/MTok
Data date
2026-09-29 · derived; uses the data date of Droid Max · claude-opus-5.5
Real price / MTok
$0.00593824
Monthly tokens
33,680,000,000 (33.68B)
Quota confidence
Medium
Calculation
$200 / month ÷ 33,680,000,000 tokens × 1,000,000 ≈ $0.00593824 / MTok
Quota basis

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

Official API list (cached / in / out, per MTok): $0.06 / $0.3 / $1.2 · standard-load blended ≈ $0.0717/MTok

Benchmark mapping
Artificial Analysis Intelligence Index v4.3: Medium (1 configuration)
Terminal-Bench 4.0 (AA): Low (1 configuration)
Code Arena | WebDev Overall: Low (1 configuration)
Agent Arena · Overall (Ranking / Pareto): Low (1 configuration)Mapping confidence: how directly each score refers to the model served here.

Adoption evidence · source and rationale (translated from the Chinese record)

Derived from same-plan claude-opus-5.5 2.526B × 13.333333333333334

Factory official multipliers Opus 5.5 1.6× / minimax-m3 0.12×: the same Standard Usage pool scaled by multiplier — not a measurement of this model; inherits the Opus 5.5 row's Anthropic-tier workload, not recomputed for each model's own price gap; docs.factory.ai/docs/models; droid-model-multipliers-2026-09-29.json; Droid Core models draw Standard Usage first, then a separate free open-source pool applies (independent cap unmeasured); this value counts only the Standard Usage part

MiniMax Token Plan UltraMiniMax$0.00974469/MTok
Data date
2026-08-19 · official source date
Real price / MTok
$0.00974469
Monthly tokens
7,100,000,000 (7.1B)
Quota confidence
High
Calculation
$69.19 / month (¥469) ÷ 7,100,000,000 tokens × 1,000,000 ≈ $0.00974469 / MTok
Quota basis

Not workload-normalized: sample lacks a token breakdown (or is an official absolute token table); raw tokens used as-is

Official API list (cached / in / out, per MTok): $0.06 / $0.3 / $1.2 · standard-load blended ≈ $0.0717/MTok

Benchmark mapping
Artificial Analysis Intelligence Index v4.3: Medium (1 configuration)
Terminal-Bench 4.0 (AA): Low (1 configuration)
Code Arena | WebDev Overall: Low (1 configuration)
Agent Arena · Overall (Ranking / Pareto): Low (1 configuration)Mapping confidence: how directly each score refers to the model served here.

Adoption evidence · source and rationale (translated from the Chinese record)

platform.minimaxi.com migration note 2026-08-19

5.5B at launch, 7.1B after migration; not workload-normalized: official absolute token table, no workload applied; exchange rate 1 USD = 6.7787 CNY (2026-09-04 CNY central parity rate; old rate 7.2); CNY monthly fee divided by the rate to get USD; https://www.xinhuanet.com/20260904/4c1ce1cbf39d416997cb9c237d6f5024/c.html

MiniMax Token Plan MaxMiniMax$0.00975277/MTok
Data date
2026-06-01 · official source date
Real price / MTok
$0.00975277
Monthly tokens
1,800,000,000 (1.8B)
Quota confidence
High
Calculation
$17.55 / month (¥119) ÷ 1,800,000,000 tokens × 1,000,000 ≈ $0.00975277 / MTok
Quota basis

Not workload-normalized: sample lacks a token breakdown (or is an official absolute token table); raw tokens used as-is

Official API list (cached / in / out, per MTok): $0.06 / $0.3 / $1.2 · standard-load blended ≈ $0.0717/MTok

Benchmark mapping
Artificial Analysis Intelligence Index v4.3: Medium (1 configuration)
Terminal-Bench 4.0 (AA): Low (1 configuration)
Code Arena | WebDev Overall: Low (1 configuration)
Agent Arena · Overall (Ranking / Pareto): Low (1 configuration)Mapping confidence: how directly each score refers to the model served here.

Adoption evidence · source and rationale (translated from the Chinese record)

minimaxi.com/blog/minimax-m3 official

Not workload-normalized: official absolute token table, no workload applied; exchange rate 1 USD = 6.7787 CNY (2026-09-04 CNY central parity rate; old rate 7.2); CNY monthly fee divided by the rate to get USD; https://www.xinhuanet.com/20260904/4c1ce1cbf39d416997cb9c237d6f5024/c.html

MiniMax Token Plan Max (Global)MiniMax$0.0107843/MTok
Data date
2026-06-01 · official source date
Real price / MTok
$0.0107843
Monthly tokens
5,100,000,000 (5.1B)
Quota confidence
High
Calculation
$55 / month ÷ 5,100,000,000 tokens × 1,000,000 ≈ $0.0107843 / MTok
Quota basis

Not workload-normalized: sample lacks a token breakdown (or is an official absolute token table); raw tokens used as-is

Official API list (cached / in / out, per MTok): $0.06 / $0.3 / $1.2 · standard-load blended ≈ $0.0717/MTok

Benchmark mapping
Artificial Analysis Intelligence Index v4.3: Medium (1 configuration)
Terminal-Bench 4.0 (AA): Low (1 configuration)
Code Arena | WebDev Overall: Low (1 configuration)
Agent Arena · Overall (Ranking / Pareto): Low (1 configuration)Mapping confidence: how directly each score refers to the model served here.

Adoption evidence · source and rationale (translated from the Chinese record)

minimax.io/blog/minimax-m3 official

$50 at launch; not workload-normalized: official absolute token table, no workload applied

OpenCode GoOpenCode$0.0119503/MTok
Data date
2026-09-30 · official source date
Real price / MTok
$0.0119503
Monthly tokens
836,800,000 (0.837B)
Quota confidence
Medium
Calculation
$10 / month ÷ 836,800,000 tokens × 1,000,000 ≈ $0.0119503 / MTok
Quota basis

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

Official API list (cached / in / out, per MTok): $0.06 / $0.3 / $1.2 · standard-load blended ≈ $0.0717/MTok

Benchmark mapping
Artificial Analysis Intelligence Index v4.3: Medium (1 configuration)
Terminal-Bench 4.0 (AA): Low (1 configuration)
Code Arena | WebDev Overall: Low (1 configuration)
Agent Arena · Overall (Ranking / Pareto): Low (1 configuration)Mapping confidence: how directly each score refers to the model served here.

Adoption evidence · source and rationale (translated from the Chinese record)

https://opencode.ai/docs/go/ official per-model Usage and three-part pricing; opencode-go-round5-2026-09-06.json; goat-opencode-catalogs-round3-2026-09-30.json

Old: 907.2M (request estimate)→836.8M: min(shared monthly pool $60, model Usage $60) ÷ project standard-workload weighted price; single official tier. The official request counts serve only as a cross-check and are no longer the primary allowance figure; allowances of different models in the same plan are not additive

MiniMax Token Plan PlusMiniMax$0.0120475/MTok
Data date
2026-06-01 · official source date
Real price / MTok
$0.0120475
Monthly tokens
600,000,000 (0.6B)
Quota confidence
High
Calculation
$7.23 / month (¥49) ÷ 600,000,000 tokens × 1,000,000 ≈ $0.0120475 / MTok
Quota basis

Not workload-normalized: sample lacks a token breakdown (or is an official absolute token table); raw tokens used as-is

Official API list (cached / in / out, per MTok): $0.06 / $0.3 / $1.2 · standard-load blended ≈ $0.0717/MTok

Benchmark mapping
Artificial Analysis Intelligence Index v4.3: Medium (1 configuration)
Terminal-Bench 4.0 (AA): Low (1 configuration)
Code Arena | WebDev Overall: Low (1 configuration)
Agent Arena · Overall (Ranking / Pareto): Low (1 configuration)Mapping confidence: how directly each score refers to the model served here.

Adoption evidence · source and rationale (translated from the Chinese record)

minimaxi.com/blog/minimax-m3 official

Not workload-normalized: official absolute token table, no workload applied; exchange rate 1 USD = 6.7787 CNY (2026-09-04 CNY central parity rate; old rate 7.2); CNY monthly fee divided by the rate to get USD; https://www.xinhuanet.com/20260904/4c1ce1cbf39d416997cb9c237d6f5024/c.html

MiniMax Token Plan Plus (Global)MiniMax$0.0129412/MTok
Data date
2026-06-01 · official source date
Real price / MTok
$0.0129412
Monthly tokens
1,700,000,000 (1.7B)
Quota confidence
High
Calculation
$22 / month ÷ 1,700,000,000 tokens × 1,000,000 ≈ $0.0129412 / MTok
Quota basis

Not workload-normalized: sample lacks a token breakdown (or is an official absolute token table); raw tokens used as-is

Official API list (cached / in / out, per MTok): $0.06 / $0.3 / $1.2 · standard-load blended ≈ $0.0717/MTok

Benchmark mapping
Artificial Analysis Intelligence Index v4.3: Medium (1 configuration)
Terminal-Bench 4.0 (AA): Low (1 configuration)
Code Arena | WebDev Overall: Low (1 configuration)
Agent Arena · Overall (Ranking / Pareto): Low (1 configuration)Mapping confidence: how directly each score refers to the model served here.

Adoption evidence · source and rationale (translated from the Chinese record)

minimax.io/blog/minimax-m3 official

$20 at launch, now $22, no allowance change seen; not workload-normalized: official absolute token table, no workload applied

MiniMax Token Plan Ultra (Global)MiniMax$0.0134694/MTok
Data date
2026-06-01 · official source date
Real price / MTok
$0.0134694
Monthly tokens
9,800,000,000 (9.8B)
Quota confidence
High
Calculation
$132 / month ÷ 9,800,000,000 tokens × 1,000,000 ≈ $0.0134694 / MTok
Quota basis

Not workload-normalized: sample lacks a token breakdown (or is an official absolute token table); raw tokens used as-is

Official API list (cached / in / out, per MTok): $0.06 / $0.3 / $1.2 · standard-load blended ≈ $0.0717/MTok

Benchmark mapping
Artificial Analysis Intelligence Index v4.3: Medium (1 configuration)
Terminal-Bench 4.0 (AA): Low (1 configuration)
Code Arena | WebDev Overall: Low (1 configuration)
Agent Arena · Overall (Ranking / Pareto): Low (1 configuration)Mapping confidence: how directly each score refers to the model served here.

Adoption evidence · source and rationale (translated from the Chinese record)

minimax.io/blog/minimax-m3 official

$120 at launch; not workload-normalized: official absolute token table, no workload applied

Command Code GOATCommand Code$0.0152555/MTok
Data date
2026-09-30 · official source date
Real price / MTok
$0.0152555
Monthly tokens
655,500,000 (0.656B)
Quota confidence
Medium
Calculation
$10 / month ÷ 655,500,000 tokens × 1,000,000 ≈ $0.0152555 / MTok
Quota basis

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

Official API list (cached / in / out, per MTok): $0.06 / $0.3 / $1.2 · standard-load blended ≈ $0.0717/MTok

Benchmark mapping
Artificial Analysis Intelligence Index v4.3: Medium (1 configuration)
Terminal-Bench 4.0 (AA): Low (1 configuration)
Code Arena | WebDev Overall: Low (1 configuration)
Agent Arena · Overall (Ranking / Pareto): Low (1 configuration)Mapping confidence: how directly each score refers to the model served here.

Adoption evidence · source and rationale (translated from the Chinese record)

https://commandcode.ai/docs/plans/goat official per-model allowance and three-part pricing; https://commandcode.ai/pricing; $10->$70 credits; code-subscriptions-round1-2026-09-06.json; goat-opencode-catalogs-round3-2026-09-30.json

Added 655.5M: min(shared monthly pool $70, model allowance $47) ÷ project standard-workload weighted price; official-page deal/discount three-part pricing (-50% type). Processing fee ignored; allowances of different models in the same plan are not additive; no usage-panel token+% screenshot — computed from official absolute credits and the price list

Ollama MaxOllama$0.0477989/MTok
Data date
2026-09-06 · official source date
Real price / MTok
$0.0477989
Monthly tokens
2,092,100,000 (2.092B)
Quota confidence
Medium
Calculation
$100 / month ÷ 2,092,100,000 tokens × 1,000,000 ≈ $0.0477989 / MTok
Quota basis

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

Official API list (cached / in / out, per MTok): $0.06 / $0.3 / $1.2 · standard-load blended ≈ $0.0717/MTok

Benchmark mapping
Artificial Analysis Intelligence Index v4.3: Medium (1 configuration)
Terminal-Bench 4.0 (AA): Low (1 configuration)
Code Arena | WebDev Overall: Low (1 configuration)
Agent Arena · Overall (Ranking / Pareto): Low (1 configuration)Mapping confidence: how directly each score refers to the model served here.

Adoption evidence · source and rationale (translated from the Chinese record)

https://ollama.com/pricing official usage credits and three-part pricing; https://ollama.com/blog/transparent-pricing; code-subscriptions-round1-2026-09-06.json; ollama-deepseek-v41-round1-2026-09-11.json

Added 2.0921B: shared monthly pool $300 ÷ project standard-workload weighted price; official three-part pricing (Ollama's list price is about 2× the usual OpenCode/Command deal price; this channel's price table used). Allowances of different models in the same plan are not additive (assuming the shared pool is used up on a single model); no usage-panel token+% screenshot — computed from official absolute credits and the price list

Ollama ProOllama$0.0478011/MTok
Data date
2026-09-06 · official source date
Real price / MTok
$0.0478011
Monthly tokens
418,400,000 (0.418B)
Quota confidence
Medium
Calculation
$20 / month ÷ 418,400,000 tokens × 1,000,000 ≈ $0.0478011 / MTok
Quota basis

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

Official API list (cached / in / out, per MTok): $0.06 / $0.3 / $1.2 · standard-load blended ≈ $0.0717/MTok

Benchmark mapping
Artificial Analysis Intelligence Index v4.3: Medium (1 configuration)
Terminal-Bench 4.0 (AA): Low (1 configuration)
Code Arena | WebDev Overall: Low (1 configuration)
Agent Arena · Overall (Ranking / Pareto): Low (1 configuration)Mapping confidence: how directly each score refers to the model served here.

Adoption evidence · source and rationale (translated from the Chinese record)

https://ollama.com/pricing official usage credits and three-part pricing; https://ollama.com/blog/transparent-pricing; code-subscriptions-round1-2026-09-06.json; ollama-deepseek-v41-round1-2026-09-11.json

Added 418.4M: shared monthly pool $60 ÷ project standard-workload weighted price; official three-part pricing (Ollama's list price is about 2× the usual OpenCode/Command deal price; this channel's price table used). Allowances of different models in the same plan are not additive (assuming the shared pool is used up on a single model); no usage-panel token+% screenshot — computed from official absolute credits and the price list

MiniMax M3 benchmark scores

Highest archived configuration per leaderboard; ranks are among all models each board archives in this dataset. Scores are never mixed across boards.

MiniMax M3 on independent leaderboards
LeaderboardMetricScoreRankConfigurationEffortHarnessConfigsSnapshot
Artificial Analysis Intelligence Index v4.3Intelligence Index29.22#40 / 60MiniMax-M3——12026-10-01
Terminal-Bench 4.0 (AA)Resolution Rate %2.02#38 / 53Artificial Analysis - MiniMax-M3—Artificial Analysis12026-10-01
Code Arena | WebDev OverallArena Score1,482#41 / 54minimax-m3——12026-09-30
Agent Arena · Overall (Ranking / Pareto)Net Improvement %-6.71#32 / 39Minimax M3——12026-09-30

Every archived configuration

Artificial Analysis Intelligence Index v4.3 1 configuration
Artificial Analysis Intelligence Index v4.3: every archived configuration (Intelligence Index)
ConfigurationScoreScore intervalHarness / effort / modeSource task cost (mean / median)CheckedLinks
MiniMax-M329.2203—— / — / —— / —2026-10-01Source · Archive
Terminal-Bench 4.0 (AA) 1 configuration
Terminal-Bench 4.0 (AA): every archived configuration (Resolution Rate %)
ConfigurationScoreScore intervalHarness / effort / modeSource task cost (mean / median)CheckedLinks
Artificial Analysis - MiniMax-M3AA's own-harness independent measurement of Terminal-Bench 4.0 (the terminalBench40 field in the models-board payload, fraction×100); scored separately from the official tbench.ai board.2.0202—Artificial Analysis / — / —— / —2026-10-01Source · Archive
Code Arena | WebDev Overall 1 configuration
Code Arena | WebDev Overall: every archived configuration (Arena Score)
ConfigurationScoreScore intervalHarness / effort / modeSource task cost (mean / median)CheckedLinks
minimax-m31,4821,476.3 – 1,487.7— / — / —— / —2026-10-01Source · Archive
Agent Arena · Overall (Ranking / Pareto) 1 configuration
Agent Arena · Overall (Ranking / Pareto): every archived configuration (Net Improvement %)
ConfigurationScoreScore intervalHarness / effort / modeSource task cost (mean / median)CheckedLinks
Minimax M3-6.71-7.6 – -5.82— / — / —— / $0.082026-10-01Source · Archive

These are reference mappings, not benchmarks of a subscription or API channel. Harness and quota-measurement effort alignment are unverified. Source task costs are not subscription task costs.

MiniMax M3 official API pricing

List price per million tokens
Cached inputInputOutput
$0.06$0.3$1.2

Frequently asked questions

How much does MiniMax M3 really cost per million tokens?

Measured as monthly fee ÷ tokens you can actually use, MiniMax M3 ranges from $0.00594 (Droid Max) to $0.0478 (Ollama Pro) per million tokens.

Which subscription gives the most MiniMax M3 usage?

Droid Max allows roughly 33.68B tokens of MiniMax M3 per month for $200.

What is the official API price of MiniMax M3?

Official API list price per million tokens: $0.06 cached input, $0.3 input, $1.2 output — about $0.0717 per million tokens on a standard workload mix.

How does MiniMax M3 score on independent leaderboards?

MiniMax M3 has scores on 4 leaderboards; its strongest placement is 29.22 (Intelligence Index) on Artificial Analysis Intelligence Index v4.3, #40 of 60 models tracked.

Who makes MiniMax M3, and where can I use it?

MiniMax M3 (model ID minimax-m3) is made by MiniMax and is available through Command Code, Factory, MiniMax, Ollama, OpenCode.

More MiniMax models

Other MiniMax models by lowest real price
ModelLowest real $/MTokCheapest planPlans
MiniMax M3.1 Flash Preview$0.00301MiniMax M Plan Build (CN Annual)6
MiniMax M2.7$0.01195OpenCode Go6
MiniMax M2.5$0.0213Command Code GOAT1