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DeepSeek V3.1 vs MiniMax M3

Close to a tie overall. DeepSeek V3.1 costs 12% less for the same work.

DeepSeek V3.1

by DeepSeek · #31 of 67 overall

Coming soon · price at launch
Context
160K
Input / 1M
$0.25
Output / 1M
$0.95

MiniMax M3

by MiniMax · #30 of 67 overall

Coming soon · price at launch
Context
512K
Input / 1M
$0.28
Output / 1M
$1.10

Better overall

About even

Grade 68.7 vs 69.6

Cheaper

DeepSeek V3.1

12% less, $0.42 vs $0.48 blended

Larger context

MiniMax M3

160K vs 512K tokens

SWE-bench Verified

MiniMax M3

66% vs 80.5%

Head to head

Public benchmarks. Longer is better; each value links to its source.

LMArena TextElo-style rating · LMArena (CC BY 4.0) · Oct 15, 2026
LMArena WebDevElo-style rating · LMArena (CC BY 4.0) · Oct 13, 2026
DeepSeek V3.1DeepSeek V3.1: —
LMArena CodingElo-style rating · LMArena (CC BY 4.0) · Oct 15, 2026
Aider Polyglot% of exercises solved · Aider (aider.chat) · Aug 21, 2025
MiniMax M3MiniMax M3: —
SWE-bench Verified% of issues resolved · SWE-bench · Jun 2, 2026 · reference
SWE-Bench Pro% of tasks resolved · Scale AI SWE-Bench Pro · Jun 2, 2026 · reference
DeepSeek V3.1DeepSeek V3.1: —
Terminal-Bench 2.1% of tasks passed · Terminal-Bench · Jun 2, 2026 · reference
DeepSeek V3.1DeepSeek V3.1: —
LiveCodeBenchpass@1, % · LiveCodeBench · Aug 21, 2025 · reference
MiniMax M3MiniMax M3: —

DeepSeek V3.1MiniMax M3v = reported by the model’s maker. — = no public score yet. Arena bars span the range across every model we grade.

What it costs you

Drag to match your monthly usage.

DeepSeek V3.1$88.00 /month
MiniMax M3$100 /month

DeepSeek V3.1 saves you $12.00 a month at this usage, $144 a year.

At a glance

AttributeDeepSeek V3.1MiniMax M3
Made byDeepSeekMiniMax
AvailabilityComing soonComing soon
Overall gradeStrong · 68.7Strong · 69.6
Overall rank#31 of 67#30 of 67
Input price$0.25 per 1M$0.28 per 1M
Output price$0.95 per 1M$1.10 per 1M
Context window163,840 tokens524,288 tokens
Reasoning levelsYesNo
Reads imagesNoYes
Model IDdeepseek-v3.1minimax-m3

Try both with one key

Same endpoint, same key, both hosted in the USA. Change one word to switch models, in Claude Code, Cursor, Cline or your own code.

Get your API key
# Ask either model the same thing
curl https://fullsendai.com/v1/chat/completions \
  -H "Authorization: Bearer $FULLSEND_API_KEY" \
  -d '{"model": "deepseek-v3.1", "messages": [...]}'

# …then swap one word
  -d '{"model": "minimax-m3", "messages": [...]}'

Questions

Is DeepSeek V3.1 or MiniMax M3 better?

They grade within two points of each other (68.7 and 69.6), so pick on price and the benchmarks that match your work.

Which is cheaper, DeepSeek V3.1 or MiniMax M3?

DeepSeek V3.1: $0.25 in and $0.95 out per million tokens, against $0.28 and $1.10 through FullsendAI.

Which has the larger context window?

MiniMax M3, with 524,288 tokens.

Can I use both with one API key?

Yes, once they launch: both are coming soon, at the prices shown, and both will use the same FullsendAI key.

Model rankingsAll benchmarksCompare other models

Scores: LMArena (CC BY 4.0), Aider (aider.chat), SWE-bench, Scale AI SWE-Bench Pro, Terminal-Bench, LiveCodeBench, and model makers’ published results where marked v. Prices are FullsendAI’s, per million tokens. Data as of Oct 28, 2026.