DeepSeek V4 Flash 0731 vs MiniMax M2

Price, context window & benchmark comparison

DeepSeek

DeepSeek V4 Flash 0731

DeepSeek
$0.0434 / $0.30
Input / Output · per 1M tokens
VS
MiniMax

MiniMax M2

MiniMax
$0.26 / $1.02
Input / Output · per 1M tokens
Compare different models
DeepSeek
MiniMax
Verdict: DeepSeek V4 Flash 0731 is 4.1× cheaper than MiniMax M2 on a typical 3:1 input/output mix. DeepSeek V4 Flash 0731 has the larger context window (1M vs 205K).
DeepSeek V4 Flash 0731MiniMax M2
Input price / 1M$0.0434$0.26
Output price / 1M$0.30$1.02
Blended price (3:1)$0.11$0.45
Cached input / 1M$0.035—
Context window1M205K
Max output944K131K
Intelligence index——
Coding index69.1—
Providers27—
Best provider uptime (30m)100.0%—
Vision inputNoNo
ReasoningYesYes
Tool callingYesYes
Released2026-07-312025-10-23
Retirement—2026-11-05

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FAQ

Which is cheaper, DeepSeek V4 Flash 0731 or MiniMax M2?

DeepSeek V4 Flash 0731 is 4.1× cheaper than MiniMax M2 on a typical 3:1 input/output mix.

DeepSeek V4 Flash 0731 vs MiniMax M2: which has a bigger context window?

DeepSeek V4 Flash 0731: 1,048,576 tokens. MiniMax M2: 204,800 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: DeepSeek V4 Flash 0731 ≈ $236.80, MiniMax M2 ≈ $1,020.

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