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MiniMax-M3.1 Flash vs DeepSeek V4.1 Flash

Official MiniMax and DeepSeek API prices and LMArena scores, checked 2026-11-02. Add up to 2 more models to compare 4.

Verdict

MiniMax-M3.1 Flash costs less; DeepSeek V4.1 Flash wins more LMArena tasks.

MiniMax-M3.1 Flash is 2x cheaper on input and output. DeepSeek V4.1 Flash scores 30 points higher for coding. Across 2 shared LMArena tasks, DeepSeek V4.1 Flash leads 2 to 0. A medium month (20M input + 5M output tokens) costs $6 on MiniMax-M3.1 Flash and $12 on DeepSeek V4.1 Flash.

  • Pick MiniMax-M3.1 Flash if you want the lower bill ($6 vs $12 for a medium month).
  • Pick DeepSeek V4.1 Flash if you care most about coding (+30) and agent tasks (+22) or you reuse long prompts (cached input $0.006 vs $0.015).
Sample month

Medium: 20M input + 5M output tokens a month at list price (short-context rate, no caching or batch discounts).

MiniMax-M3.1 FlashvsDeepSeek V4.1 Flash
Price per 1M tokens
Input$0.15 (better)$0.30
Cached input$0.015$0.006 (better)
Output$0.60 (better)$1.20
Sample month, medium$6 (better)$12
Context
Context windown/a1M
Quality (LMArena relative score, out of 100)
Coding1646 (better)
Chatn/a17
Creative writingn/a0
Roleplay and charactersn/a0
Reasoning and mathn/a40
Visionn/a14
Long documentsn/an/a
Cheap bulk and agents1739 (better)

Marked side is better: lower for prices, higher for context and scores. Bars are scaled to the larger of the two.

Spec
MiniMax-M3.1 Flash
DeepSeek V4.1 Flash
Price per 1M tokens
Input$0.15$0.30
Cached input$0.015$0.006
Output$0.60$1.20
Blend 3:1$0.2625$0.525
Sample month, medium$6$12
Context
Context windowNot published1M tokens
Quality (LMArena, out of 100)
Coding16/100 #26 of 5046/100 #12 of 50
ChatNot ranked17/100 #18 of 51
Creative writingNot ranked0/100 #22 of 51
Roleplay and charactersNot ranked0/100 #24 of 51
Reasoning and mathNot ranked40/100 #14 of 51
VisionNot ranked14/100 #19 of 33
Long documentsNot rankedNot ranked
Cheap bulk and agents17/100 #29 of 3739/100 #14 of 37
Details
ProviderMiniMaxDeepSeek
API model idminimax-m3.1-flashdeepseek-flash
NotesNonePeak rate. Off-peak is half price.
Sources
Last checked2026-11-022026-11-02
Official pricingMiniMax pricingDeepSeek pricing

API prices in USD per 1M tokens from each provider's official pricing page. Blend 3:1 = (3 x input + output) / 4. Sample month = stated input and output tokens at the list price, no caching. Quality: relative score out of 100 on each LMArena leaderboard (100 = top model we price on that board, n/a = not ranked there), data licensed CC BY 4.0. See how we pick.

Where each one ranks on LMArena

Relative score out of 100 on each leaderboard (100 = the top model we price there), with the rank among the models from our API price table that appear on that board.

  • Coding (Code Arena): MiniMax-M3.1 Flash #26 of 50 (16/100), DeepSeek V4.1 Flash #12 of 50 (46/100)
  • Chat (Text Arena): MiniMax-M3.1 Flash not ranked, DeepSeek V4.1 Flash #18 of 51 (17/100)
  • Creative writing (Text Arena creative writing): MiniMax-M3.1 Flash not ranked, DeepSeek V4.1 Flash #22 of 51 (0/100)
  • Roleplay and characters (Text Arena multi-turn): MiniMax-M3.1 Flash not ranked, DeepSeek V4.1 Flash #24 of 51 (0/100)
  • Reasoning and math (Text Arena math): MiniMax-M3.1 Flash not ranked, DeepSeek V4.1 Flash #14 of 51 (40/100)
  • Vision (Vision Arena): MiniMax-M3.1 Flash not ranked, DeepSeek V4.1 Flash #19 of 33 (14/100)
  • Long documents (Document Arena): MiniMax-M3.1 Flash not ranked, DeepSeek V4.1 Flash not ranked
  • Cheap bulk and agents (Agent Arena): MiniMax-M3.1 Flash #29 of 37 (17/100), DeepSeek V4.1 Flash #14 of 37 (39/100)

Pricing details from the official pages

MiniMax-M3.1 Flash lists $0.15 input, $0.60 output, $0.015 cached input per 1M tokens on MiniMax pricing. DeepSeek V4.1 Flash lists $0.30 input, $1.20 output, $0.006 cached input per 1M tokens on DeepSeek pricing. Prices checked 2026-11-02.

  • DeepSeek V4.1 Flash: Peak rate. Off-peak is half price.

Sample monthly bill at list price, no caching: Light (2M input + 0.5M output tokens): $0.60 vs $1.20. Medium (20M input + 5M output tokens): $6 vs $12. Heavy (200M input + 50M output tokens): $60 vs $120.

FAQ

Is MiniMax-M3.1 Flash cheaper than DeepSeek V4.1 Flash?

MiniMax-M3.1 Flash costs $0.15 input and $0.60 output per 1M tokens; DeepSeek V4.1 Flash costs $0.30 and $1.20. For a medium month (20M input + 5M output tokens) MiniMax-M3.1 Flash is cheaper: $6 vs $12.

Which is better for coding, MiniMax-M3.1 Flash or DeepSeek V4.1 Flash?

On LMArena's Code Arena MiniMax-M3.1 Flash scores 16/100 (#26 of 50) and DeepSeek V4.1 Flash 46/100 (#12 of 50), so DeepSeek V4.1 Flash is ahead by 30 points.

Which has the bigger context window?

MiniMax-M3.1 Flash: n/a. DeepSeek V4.1 Flash: 1M tokens.

How much do MiniMax-M3.1 Flash and DeepSeek V4.1 Flash cost per month?

Light (2M input + 0.5M output tokens): $0.60 vs $1.20. Medium (20M input + 5M output tokens): $6 vs $12. Heavy (200M input + 50M output tokens): $60 vs $120. Pick your own token counts in the plan vs API calculator.

Where do these numbers come from?

Prices come from each provider's official pricing page, checked daily. Quality is the relative score on the LMArena leaderboard dataset, licensed CC BY 4.0. Where a model is not ranked we show n/a.

Sources

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