DeepSeek V4 Flash 0423 vs MiniMax M3.1 Flash

Price, context window & benchmark comparison

DeepSeek

DeepSeek V4 Flash 0423

DeepSeek
$0.09 / $0.18
Input / Output · per 1M tokens
VS
MiniMax

MiniMax M3.1 Flash

MiniMax
$0.15 / $0.60
Input / Output · per 1M tokens
Compare different models
DeepSeek
MiniMax
Verdict: DeepSeek V4 Flash 0423 is 2.3× cheaper than MiniMax M3.1 Flash on a typical 3:1 input/output mix.
DeepSeek V4 Flash 0423MiniMax M3.1 Flash
Input price / 1M$0.09$0.15
Output price / 1M$0.18$0.60
Blended price (3:1)$0.11$0.26
Cached input / 1M$0.018$0.015
Context window1M1M
Max output393K524K
Intelligence index—29.1
Coding index56.2—
Providers—11
Best provider uptime (30m)—100.0%
Vision inputNoYes
ReasoningYesYes
Tool callingYesYes
Released2026-04-242026-10-19
Retirement——

Cost calculator

FAQ

Which is cheaper, DeepSeek V4 Flash 0423 or MiniMax M3.1 Flash?

DeepSeek V4 Flash 0423 is 2.3× cheaper than MiniMax M3.1 Flash on a typical 3:1 input/output mix.

DeepSeek V4 Flash 0423 vs MiniMax M3.1 Flash: which has a bigger context window?

DeepSeek V4 Flash 0423: 1,048,576 tokens. MiniMax M3.1 Flash: 1,048,576 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: DeepSeek V4 Flash 0423 ≈ $270.00, MiniMax M3.1 Flash ≈ $600.00.

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