DeepSeek V4 Pro 0423 vs MiniMax M3
API pricing, context window and capabilities for DeepSeek V4 Pro 0423 and MiniMax M3, side by side. Prices are the cheapest listed serving route per 1M tokens, from LiteLLM and OpenRouter.
Verdict
computed from the published numbersDeepSeek V4 Pro 0423 wins on intelligence.
Price
Tied
Terminal-Bench
Tied
Intelligence
DeepSeek V4 Pro 0423
Context window
Tied
Key takeaways
who wins on what, from the published numbersDeepSeek V4 Pro 0423 wins
- Cheaper output ($0.87 vs $0.96 /1M)
- More serving providers (16 vs 11)
MiniMax M3 wins
- Cheaper input ($0.435 vs $0.23 /1M)
- Supports vision
Cheaper overall
MiniMax M3
$0.23 + $0.96 /1M
Larger context
Tied
More providers
DeepSeek V4 Pro 0423
16 providers
Pricing & specs
cheapest listed route · per 1M tokensOn-demand listed rates, OpenRouter routed quotes and Vercel reseller quotes. Enterprise commitments can be materially lower.
| DeepSeek V4 Pro 0423 | MiniMax M3 | |
|---|---|---|
| Input $/1M | $0.435via Tencent | $0.23via Wandb best |
| Output $/1M | $0.87via Tencent best | $0.96via Wandb |
| Context window | 1M | 1M |
| Max output | 1M | 1M |
| Serving providers | 16 best | 11 |
| Date | Released Apr 24, 2026 | Released Jun 1, 2026 |
Benchmarks
Benchmark scores, side by side| DeepSeek V4 Pro 0423 | MiniMax M3 | |
|---|---|---|
| Intelligence | 30.4 best | 29.2 |
| Terminal-Bench | 65% | 65% |
| GPQA Diamond | 89% | 93% best |
| Output speed | 100 t/s | 107 t/s best |
| Latency (TTFT) | 1.64s | 1.21s best |
Cost calculator
choose a serving route for each sideInput tokens / month
Output tokens / month
DeepSeek V4 Pro 0423
via Tencent
$3.04
MiniMax M3
via Wandb
$2.11
Capabilities
feature support, side by side| Feature | DeepSeek V4 Pro 0423 | MiniMax M3 |
|---|---|---|
| Vision | — | ✓ |
| Tool use | ✓ | ✓ |
| Reasoning | ✓ | ✓ |
| Audio | — | — |
| Prompt caching | ✓ | ✓ |
| Structured output | ✓ | ✓ |
| Web search | — | — |
Related comparisons
Frequently asked questions
Which is cheaper, DeepSeek V4 Pro 0423 or MiniMax M3?
MiniMax M3 is cheaper for input ($0.435 vs $0.23 per 1M tokens) from Wandb. DeepSeek V4 Pro 0423 is cheaper for output ($0.87 vs $0.96 per 1M tokens) from Tencent.
What is the context window difference between DeepSeek V4 Pro 0423 and MiniMax M3?
Both DeepSeek V4 Pro 0423 and MiniMax M3 have about a 1M-token context window.
How do DeepSeek V4 Pro 0423 and MiniMax M3 compare on benchmarks?
On the tracked benchmarks, they score about the same on Terminal-Bench, and DeepSeek V4 Pro 0423 leads on intelligence.
Listed prices from LiteLLM, OpenRouter and Vercel · last checked Oct 14, 2026
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