Hy4 preview vs MiniMax M3
Price, context window & benchmark comparison
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Verdict: MiniMax M3 is 2.4× cheaper than Hy4 preview on a typical 3:1 input/output mix.
| Hy4 preview | MiniMax M3 | |
|---|---|---|
| Input price / 1M | $0.83 | $0.30 |
| Output price / 1M | $2.50 | $1.20 |
| Blended price (3:1) | $1.25 | $0.52 |
| Cached input / 1M | $0.042 | $0.06 |
| Context window | 1M | 1M |
| Max output | 64K | 512K |
| Intelligence index | — | 29.2 |
| Coding index | — | 58.6 |
| Providers | 3 | 13 |
| Best provider uptime (30m) | 100.0% | 100.0% |
| Vision input | No | Yes |
| Reasoning | Yes | Yes |
| Tool calling | Yes | Yes |
| Released | 2026-08-28 | 2026-05-31 |
| Retirement | — | — |
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FAQ
Which is cheaper, Hy4 preview or MiniMax M3?
MiniMax M3 is 2.4× cheaper than Hy4 preview on a typical 3:1 input/output mix.
Hy4 preview vs MiniMax M3: which has a bigger context window?
Hy4 preview: 1,048,576 tokens. MiniMax M3: 1,048,576 tokens.
How much would 1 million requests cost?
At 2,000 input + 500 output tokens per request: Hy4 preview ≈ $2,919, MiniMax M3 ≈ $1,200.
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