GPT-5.4 Nano vs MiniMax M3

Price, context window & benchmark comparison

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GPT-5.4 Nano

OpenAI
$0.20 / $1.25
Input / Output · per 1M tokens
VS
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MiniMax M3

MiniMax
$0.30 / $1.20
Input / Output · per 1M tokens
Compare different models
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Verdict: GPT-5.4 Nano is 12% cheaper than MiniMax M3 on a typical 3:1 input/output mix. MiniMax M3 scores higher on the Artificial Analysis Intelligence Index (29.2 vs 20.7). MiniMax M3 has the larger context window (1M vs 400K).
GPT-5.4 NanoMiniMax M3
Input price / 1M$0.20$0.30
Output price / 1M$1.25$1.20
Blended price (3:1)$0.46$0.52
Cached input / 1M$0.02$0.06
Context window400K1M
Max output128K512K
Intelligence index20.729.2
Coding index56.158.6
Providers13
Best provider uptime (30m)100.0%
Vision inputYesYes
ReasoningYesYes
Tool callingYesYes
Released2026-03-172026-05-31
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FAQ

Which is cheaper, GPT-5.4 Nano or MiniMax M3?

GPT-5.4 Nano is 12% cheaper than MiniMax M3 on a typical 3:1 input/output mix.

GPT-5.4 Nano vs MiniMax M3: which has a bigger context window?

GPT-5.4 Nano: 400,000 tokens. MiniMax M3: 1,048,576 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: GPT-5.4 Nano ≈ $1,025, MiniMax M3 ≈ $1,200.

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