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Open weights model

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Released June 2026

MiniMax-M3 API Provider Benchmarking & Analysis

Model Comparison

This analysis is intended to support you in choosing the best API provider of MiniMax-M3 for your use-case.

Fastest

#1
Inco (FAST)Inco (FAST)
393.0 t/s
#2
Nebius (FP8)Nebius (FP8)
309.1 t/s
#3
ModularModular
167.8 t/s
#4
FireworksFireworks
149.7 t/s
#5
Parasail (MXFP8)Parasail (MXFP8)
120.1 t/s

Output speed

Total 14 providers

Lowest Latency

#1
Inco (FAST)Inco (FAST)
6.71 s
#2
Nebius (FP8)Nebius (FP8)
7.93 s
#3
ModularModular
13.58 s
#4
FireworksFireworks
14.35 s
#5
Parasail (MXFP8)Parasail (MXFP8)
17.80 s

Time to first answer token

Total 14 providers

Lowest Price

#1
CoreWeave (NVFP4)CoreWeave (NVFP4)
$0.18
#2
GMIGMI
$0.18
#3
DeepInfraDeepInfra
$0.21
#4
Parasail (MXFP8)Parasail (MXFP8)
$0.22
#5
Together AITogether AI
$0.22

Blended price (per 1M tokens)

Total 14 providers

MiniMax-M3 is available through 14 API providers, each offering different performance characteristics and pricing. Below is a comparison of the key metrics across providers.

  • For output speed, the top providers are Inco (FAST) (393.0 t/s), Nebius (FP8) (309.1 t/s), and Modular (167.8 t/s). Speed varies significantly across providers, with a 1505% difference between the fastest and slowest.
  • For latency, Inco (FAST) (6.71s), Nebius (FP8) (7.93s), and Modular (13.58s) offer the lowest time to first answer token.
  • For pricing, CoreWeave (NVFP4) (0.18), GMI (0.18), and DeepInfra (0.21) offer the lowest blended prices per 1M tokens. Prices vary up to 4.4x across providers.
  • Inco (FAST) offers the best performance with both the highest speed and lowest latency. For cost optimization, CoreWeave (NVFP4) provides the most competitive pricing.

Highlights

Output tokens per second · Higher is better
Seconds to first answer token received · Lower is better
USD per 1M tokens (blended) · Lower is better

Update: Default performance benchmarking workload has updated to 10k input tokens to better reflect production use cases. You can still select different workloads above.

Pricing

Pricing: Cache Hit, Input, and Output

Price (USD per M Tokens) · Lower is better · 10,000 input tokens

Pricing: Blended Price

Blended at 7:2:1 (cache-input-output) · USD per 1M tokens (blended) · Lower is better

Pricing: Cache Discount

1 - (cache hit price / input price) · Higher is better

Output Speed vs. Price

Blended at 7:2:1 (cache-input-output) · Output speed: output tokens per second · USD per 1M tokens (blended)
Most attractive quadrant
Pareto line

Speed

Measured by Output Speed (tokens per second)

Output Speed: MiniMax-M3

Output speed: output tokens per second · 10,000 input tokens

Latency vs. Output Speed

Latency: seconds to first token received · Output speed: output tokens per second · 10,000 input tokens
Most attractive quadrant
Pareto line

Latency

Measured by Time (seconds) to First Token

Time to First Answer Token

Seconds to first token received · Lower is better · 10,000 input tokens

End-to-End Response Time

Seconds to output 500 tokens, calculated based on time to first token, 'thinking' time for reasoning models, and output speed

End-to-End Response Time

Seconds to output 500 tokens, including reasoning model 'thinking' time · Lower is better · 10,000 input tokens

Key Comparison Metrics & API Features

Parasail logoParasail
1M
Open
$0.46
143
1.07
18.52
13.96
CoreWeave logoCoreWeave
262k
Open
--
34
1.65
75.80
59.32
Together AI logoTogether AI
1M
Open
$0.58
--
--
--
--
Novita logoNovita
1M
Open
$0.46
108
1.25
24.44
18.55
Inco logoInco
1.05M
Open
$1.09
425
1.60
7.48
4.70
Modular logoModular
1M
Open
$0.46
176
1.85
16.08
11.39
Nebius logoNebius
1.05M
Open
$1.91
305
1.52
9.71
6.56
SiliconFlow logoSiliconFlow
1M
Open
$0.45
82
1.74
32.22
24.39
MiniMax logoMiniMax
512k
Open
$0.51
99
1.21
26.37
20.12
DeepInfra logoDeepInfra
524k
Open
$0.44
25
0.91
102.44
81.22
GMI logoGMI
1.05M
Open
--
--
--
--
--
SambaNova logoSambaNova
1.05M
Open
$3.83
249
4.68
14.71
8.03
Fireworks logoFireworks
524k
Open
$0.50
162
0.91
16.38
12.38
Inco logoInco
1.05M
Open
$0.54
107
1.45
24.87
18.74

Frequently Asked Questions

Common questions about MiniMax-M3 providers