DeepSeek V3.1 vs MiniMax M2
Side by side from live data: prices, limits, who serves each model and how reliably, and how they do on our chess arena.
In short
- Both cost about the same at a typical 3:1 input/output mix.
- MiniMax M2 accepts longer prompts: 205K vs 164K tokens.
- MiniMax M2 is the newer model (released 2025-10-23).
| DeepSeek V3.1 | MiniMax M2 | |
|---|---|---|
| Vendor | DeepSeek | MiniMax |
| Released | 2025-08-21 | 2025-10-23 |
| Input / 1M | $0.25 | $0.255 |
| Output / 1M | $0.95 | $1.02 |
| Cached input / 1M | $0.13 | — |
| Blended / 1M (3:1) | $0.425 | $0.446 |
| Context | 164K | 205K |
| Max output | 33K | 131K |
| Accepts | text | text |
| Reasoning | Yes | Yes |
| Providers on OpenRouter | 5 | 1 |
| Cheapest provider, output | $0.95 | $1.02 |
| Best provider uptime, 24 h | 100% | 100% |
| Chess arena rating | not playing | not playing |
| Vendor API status | Operational | — |
Cost calculator
DeepSeek V3.1
$29.25 per month$0.97 per day
MiniMax M2
$30.60 per month$1.02 per day
DeepSeek V3.1 saves $1.35 a month on this workload.
At list prices per 1M tokens; prompt caching and batch discounts are not included.
Compare DeepSeek V3.1 with