GPT-5.4 vs MiniMax-M3
30-second takeaway
- MiniMax-M3 has the cheaper input: $0.3 vs $2.5 (per 1M tokens, 88% less)
- GPT-5.4 has the larger context: 1.05M vs 1M tokens
| GPT-5.4 OpenAI | MiniMax-M3 MiniMax (minimax.io) | |
|---|---|---|
| Input | $2.5 | $0.3 |
| Output | $15 | $1.2 |
| Context | 1.05M | 1M |
More specs (max output / capabilities)
| max output | 128,000 | 524,288 |
| Reasoning | ✓ Yes | ✓ Yes |
| Tool calls | ✓ Yes | ✓ Yes |
| Open weights | — No | ✓ Yes |
Prices are official/data-source rates (per 1M tokens), not what relays actually charge — relay prices vary with discounts and group multipliers. See methodology.