ModelPriceWatch.com
Last scan 2026-09-12 Models tracked 260 Providers 32 Cheapest paid Granite 4.0 H Micro $0.017/Mtok in Every price links to its source

MiniMax-M3 vs Gemini 3.1 Flash-Lite

Side-by-side comparison of API pricing, specs, benchmarks, and capabilities

MiniMax-M3 is 6.7% cheaper on blended cost ($0.525 vs $0.563/Mtok)
Specification
3 providers: Fireworks $0.300/$1.20 MiniMax $0.300/$1.20 Together $0.300/$1.20
Overview
StatusCurrent budget Open weights Deprecated budget
Released
Pricing per million tokens
Input $0.300/Mtok $0.250/Mtok
Output $1.20/Mtok $1.50/Mtok
Blended avg $0.525/Mtok $0.563/Mtok
Cached input $0.060/Mtok
Specifications
Context window 1M tokens 1M tokens
Parameters Proprietary Proprietary
Speed (TPS)
Modalities
Input
textimagevideo
textimageaudiovideo
Benchmarks sources: Vellum LLM Leaderboard / Google model card
GPQA Diamond 93 50 vendor
SWE-Bench Verified 45 30 vendor
Humanity's Last Exam 22 15 vendor
ARC-AGI 2 20 18 vendor
AIME 2025 55 50 vendor
MMMLU 76 72 vendor
BFCL 65 60 vendor
HumanEval 80.5 78 vendor
MATH 500 70 65 vendor
Avg benchmark score 63.1
Perf / dollar 120.2
Terminal-Bench 2.1 66
MCP Atlas 74.2
BrowseComp 83.5
OSWorld-Verified 70.1
Independent composite scores each on its own scale — not part of the average above
AA Intelligence Index 29.6 16
AA Agentic Index 30.8 3.2
AA-Omniscience Index (−100–100) 1.4 -16.4
GDPval-AA v2 1304 ELO
LMSYS Chatbot Arena 1441.8 ELO
Providers
Available from
Fireworks — $0.300/$1.20/Mtok
MiniMax — $0.300/$1.20/Mtok
Together — $0.300/$1.20/Mtok
Google — $0.250/$1.50/Mtok

Cost at scale

1M tokens · 50/50 input/output
Projected cost of MiniMax-M3 vs Gemini 3.1 Flash-Lite at increasing token volumes
VolumeMiniMax-M3Gemini 3.1 Flash-LiteSavings
1M tokens $0.52 $0.56 $0.04 (7.1%)
10M tokens $5.25 $5.63 $0.38 (6.8%)
100M tokens $52.5 $56.25 $3.75 (6.7%)
1000M tokens $525 $562.5 $37.5 (6.7%)

When to pick which

distilled from the pricing and spec data above
Pick MiniMax-M3 if…
  • cost dominates: $0.525/Mtok blended vs $0.563 — 6.7% less on the same 50/50 token mix
  • your workload re-reads context (agents, RAG, long chats): cached input costs $0.060/Mtok — 80% off its list input price, a discount Gemini 3.1 Flash-Lite doesn't offer
  • you want open weights — self-host it, fine-tune it, or exit the API entirely; Gemini 3.1 Flash-Lite is closed
  • provider flexibility: available from 3 providers, so you can price-shop hosts or fail over
Pick Gemini 3.1 Flash-Lite if…
  • this pairing gives Gemini 3.1 Flash-Lite no edge on price, context, cache discount, or measured performance — pick it only for qualitative fit (ecosystem, compliance, model behavior on your prompts)

Price movement

recorded changes since we began tracking each model · last checked
Recorded price changes for MiniMax-M3 and Gemini 3.1 Flash-Lite — how many moves, the direction and date of the latest one, and its old → new prices per million tokens
Model Changes Latest move Old → new $/M
MiniMax-M3 1 price cut on $0.6/$2.4 → $0.3/$1.2/Mtok
Gemini 3.1 Flash-Lite 1 price cut on $0.45/$2.7 → $0.25/$1.5/Mtok
Both models have re-priced since we began tracking — pricing here is active, so re-check before committing to a long-term choice. See all recent price moves → MODELPRICEWATCH.COM · 2026-09-12
Try MiniMax-M3 on MiniMax

The cheaper option here — MiniMax-M3 costs $0.525/Mtok blended on MiniMax.

Get API key →

Summary

MiniMax-M3 by MiniMax costs $0.300/Mtok input and $1.20/Mtok output, with a 1M-token context window. It supports text, image, video input and is available from 3 providers.

Gemini 3.1 Flash-Lite by Google costs $0.250/Mtok input and $1.50/Mtok output, with a 1M-token context window. It supports text, image, audio, video input.

On a blended cost basis, MiniMax-M3 is 6.7% cheaper than Gemini 3.1 Flash-Lite.

The two aren't directly comparable on average benchmark score: MiniMax-M3 has published per-benchmark results, while Gemini 3.1 Flash-Lite does not yet — it is measured today on independent composites (see the table above).

Note: Pricing is per million tokens. Actual costs vary with usage patterns, prompt caching, and batch discounts. Always verify against official provider pricing pages.

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