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DeepSeek V3 vs MiniMax M2

DeepSeek V3 is cheaper on output tokens, while MiniMax M2 offers a larger context window. Choose DeepSeek V3 or MiniMax M2 based on the trade-off between cost, context, and the benchmarks that matter for your use case.

SpecDeepSeek V3MiniMax M2
ProviderDeepSeekMiniMax
Input / 1M tokens$0.14$0.26
Output / 1M tokens$0.28$1.02
Context window164K205K
Parameters671B229B
Open weightsYesYes
ReleasedDec 2025Oct 2025
Epoch Capabilities Index score136—
SWE-bench Verified score42.061.0
FrontierMath score1.7—
LMArena (Chatbot Arena) Elo score13751340
GPQA Diamond score67.6—
LMArena WebDev Elo score—1297

FAQ

Is DeepSeek V3 or MiniMax M2 cheaper?

DeepSeek V3 is cheaper on output tokens ($0.28 vs $1.02 per 1M).

Which has the larger context window, DeepSeek V3 or MiniMax M2?

MiniMax M2 has the larger context window (205K tokens).

Pricing is indicative — confirm with the provider before production use. Highlighted values indicate the better figure for that row.