Compare MiniMax M3 from MiniMax and DeepSeek V4 Pro 0423 from DeepSeek on key metrics including benchmarks, price, context length, and other model features. Access both models and hundreds of others through the OpenRouter API.
MiniMax M3 and DeepSeek V4 Pro 0423 are available through the OpenRouter API, so switching between them takes a model slug change rather than a new integration.
MiniMax M3, from MiniMax, has a 1,048,576-token context window and is priced at $0.23/M tokens input, $0.96/M tokens output on OpenRouter.
DeepSeek V4 Pro 0423, from DeepSeek, has a 1,048,576-token context window and is priced at $0.2067/M tokens input, $4.20/M tokens output on OpenRouter.


| MiniMax M3 | DeepSeek V4 Pro 0423 | |
|---|---|---|
| Input price | $0.23/M tokens | $0.2067/M tokens |
| Output price | $0.96/M tokens | $4.20/M tokens |
| Context window | 1,048,576 tokens | 1,048,576 tokens |
| Intelligence Index | 29.2 | Not available |
| Coding Index | 58.6 | 58.7 |
| Agentic Index | 29.5 | Not available |
| Latency (p50) | 1.64 s | 0.87 s |
| Throughput (p50) | 20.0 tok/s | 86.0 tok/s |
MiniMax M3 and DeepSeek V4 Pro 0423 trade off on price: MiniMax M3 costs $0.23/M tokens input and $0.96/M tokens output, while DeepSeek V4 Pro 0423 costs $0.2067/M tokens input and $4.20/M tokens output, so DeepSeek V4 Pro 0423 is cheaper for input tokens and MiniMax M3 is cheaper for output tokens.
MiniMax M3 and DeepSeek V4 Pro 0423 have the same context window of 1,048,576 tokens.
DeepSeek V4 Pro 0423 is faster on OpenRouter, generating a median 86.0 tokens per second compared with 20.0 tokens per second for MiniMax M3.
DeepSeek V4 Pro 0423 scores higher on coding, with an Artificial Analysis Coding Index of 58.7 compared with 58.6 for MiniMax M3.