Kimi K3 vs MiniMax M3

API pricing, context window and capabilities for Kimi K3 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 numbers

Kimi K3 wins on Terminal-Bench and on intelligence. MiniMax M3 wins on price.

Price
MiniMax M3
Terminal-Bench
Kimi K3
Intelligence
Kimi K3
Context window
Tied

Key takeaways

who wins on what, from the published numbers

Kimi K3 wins

  • More serving providers (14 vs 11)

MiniMax M3 wins

  • Cheaper input ($0.70 vs $0.23 /1M)
  • Cheaper output ($12.50 vs $0.96 /1M)
Cheaper overall
MiniMax M3
$0.23 + $0.96 /1M
Larger context
Tied
More providers
Kimi K3
14 providers

Pricing & specs

cheapest listed route · per 1M tokens
On-demand listed rates, OpenRouter routed quotes and Vercel reseller quotes. Enterprise commitments can be materially lower. An OpenRouter routed quote is the price of whichever upstream provider OpenRouter prefers today, so it moves day to day.
Kimi K3MiniMax M3
Input $/1M$0.70OpenRouter routed quote $0.23via Wandb best
Output $/1M$12.50via Sail $0.96via Wandb best
Context window1M 1M
Max output1M 1M
Serving providers14 best11
DateReleased Jul 16, 2026 Released Jun 1, 2026

Benchmarks

Benchmark scores, side by side
Kimi K3MiniMax M3
Intelligence43.6 best29.2
Terminal-Bench85% best65%
GPQA Diamond94% best93%
Output speed45 t/s 107 t/s best
Latency (TTFT)3.17s 1.21s best

Cost calculator

choose a serving route for each side
Input tokens / month
Output tokens / month
Kimi K3
via OpenRouter
$19
MiniMax M3
via Wandb
$2.11

Capabilities

feature support, side by side
FeatureKimi K3MiniMax M3
Vision✓✓
Tool use✓✓
Reasoning✓✓
Audio——
Prompt caching✓✓
Structured output✓✓
Web search——

Related comparisons

Frequently asked questions

Which is cheaper, Kimi K3 or MiniMax M3?
MiniMax M3 is cheaper for input ($0.70 vs $0.23 per 1M tokens) from Wandb. MiniMax M3 is cheaper for output ($12.50 vs $0.96 per 1M tokens) from Wandb.
What is the context window difference between Kimi K3 and MiniMax M3?
Both Kimi K3 and MiniMax M3 have about a 1M-token context window.
How do Kimi K3 and MiniMax M3 compare on benchmarks?
On the tracked benchmarks, Kimi K3 leads on Terminal-Bench, and Kimi K3 leads on intelligence.
Listed prices from LiteLLM, OpenRouter and Vercel · last checked Oct 14, 2026

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