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MiniMax M3

MiniMax · OpenAI-compatible API

minimax/minimax-m3

USD / 1M tokens

Input$0.3
Cache Read$0.05
Cache Write—
Output$1.19
Context
1M
Max Output
512K
Tool Calling
✓
Reasoning
✓
Vision
✓
Streaming
✓
OpenAI-compatible API
import os
from openai import OpenAI

client = OpenAI(
    base_url="https://api.iteracompute.com/v1",
    api_key=os.environ["ITERACOMPUTE_API_KEY"],
)
response = client.chat.completions.create(
    model="minimax/minimax-m3",
    messages=[{"role": "user", "content": "Hello!"}],
)
print(response.choices[0].message.content)

Catalog updated: 2026-10-19.

Overview

Text input, streaming and structured outputs; up to 524,288 output tokens.

Tasks and selection tradeoffs

Knowledge-base answer drafting

Draft answers from retrieved excerpts and verify grounding against each source.

Repeated agent tasks

Evaluate a fixed checklist across many similar inputs; log retries and total usage.

Task suggestions based on catalog features and price, not model quality benchmarks.

Choose your tool

Choose a model and tool for your task →

Pricing

Prices in USD per 1M tokens.

Input$0.3
Cache Read$0.05
Cache Write—
Output$1.19

Example task: Draft grounded knowledge-base answers

Assume 20,000 aggregate input tokens and 2,000 billable output tokens across all calls. No cache hit.

20,000 × $0.3 / 1M + 2,000 × $1.19 / 1M = $0.008380

If usage actually reports 15,000 of those input tokens as cached, replace that portion at the cached-input rate ($0.05/1M): $0.004630. Cached tokens are part of total input, never added on top.

Illustrative calculation using the 2026-10-19 catalog snapshot. Include every agent call and retry, repeated history and billable reasoning output; settle against actual usage and current Console prices.

Estimate your monthly cost

Uses the 2026-10-19 catalog snapshot, independently of the live prices above. USD per 1M tokens; an estimate, not a bill.

Estimate includes standard text input, cache reads and text output only. Long-context premiums, service tiers, cache writes, image output and tool fees are excluded.

Input includes cached tokens; output includes billable reasoning. Count every API request, including agent steps and retries.

Estimated monthly cost

—USD / month

MiniMax M3

Uncached input
—
Cache read
—
Billable output
—

Connect this model →
Calculation and billing basis

Monthly cost = requests × [input × (1 − cached share) × input rate + input × cached share × cache-read rate + output × output rate] / 1,000,000.

Cached tokens are part of total input, never added on top. Use actual cache-read hits from usage; repeating a prompt does not guarantee a hit. Missing rates are unconfirmed, not $0. Separate cache-write, storage and other additional fees are excluded. Settle against actual usage and current Console prices.

Usage limits

  • Include retries and repeated history when comparing the total cost of a task.
  • See the current context and maximum output in the model specifications above. Input and requested output share the context budget.
  • The context and capability flags describe the public catalog. They do not establish a particular tool workflow or a quality score.
  • Start with one representative task. Check correctness, actual usage and response time before increasing traffic.
  • Use the integration examples to connect your application and handle tool results.

Pricing: Input $0.3 / Output $1.19. Prices in USD per 1M tokens.

API parameters

Parameter / protocol fieldUsage
model / messagesUse the exact model ID and chat message list
tools / tool_calls / tool messagesUse tools to define functions and role=tool to return their results
stream / stream_options.include_usageUse SSE streaming with final usage
max_tokensSet an output budget within the model and account limits

Parameters vary by model. Keep model-specific controls separate from shared OpenAI-compatible fields.

API

Base URL
https://api.iteracompute.com/v1
Endpoint
POST /v1/chat/completions
Model ID
minimax/minimax-m3
Authentication
Authorization: Bearer ITERACOMPUTE_API_KEY

View Docs

FAQ

How do I use MiniMax M3 with the OpenAI SDK?

Set base_url to https://api.iteracompute.com/v1 and model to minimax/minimax-m3. Authenticate with your IteraCompute API key.

What does MiniMax M3 cost?

See the pricing section for current input, cached-input and output rates in USD per 1M tokens. Check the refresh time before use.

What context length is available?

See the model specifications above for the current context and maximum output. Input and requested maximum output share the context budget.

Ready for your first request?

Create your key, choose a tool and get a non-empty first reply.