head-to-head

MoonshotAI: Kimi K3 vs MiniMax: MiniMax M3

Side-by-side comparison of specs, pricing, benchmark scores, and task rankings. Updated 2026-11-12.

MoonshotAI: Kimi K3 MiniMax: MiniMax M3
Vendormoonshotaiminimax
Quality Score100100
Benchmark Score-26.6
Input Price$0.19/M$0.30/M
Output Price$16.00/M$1.20/M
Context Window1,048,5761,048,576
Max Output943,718512,000
Tool Calling✓✓
Structured Output✓✓
Reasoning Mode✓✓
Vision✓✓
Audio--
Benchmark Scores
ai_index-31.2

The verdict

For a sample job of 1 million input tokens and 250,000 output tokens, MiniMax M3 costs $0.60 and Kimi K3 costs $4.19, so MiniMax M3 is about 7.0 times cheaper for the same work.

Both read up to 1,048,576 tokens at once, roughly 1,573 pages of text.

Across the 20 tasks where they differ, MiniMax M3 on 20 (SQL Generation, Code Review, Code Completion and others).

Kimi K3 was released in July 2026 and MiniMax M3 in May 2026.

Pick MiniMax M3 if you need lower cost or the stronger all-round task scores.

Costs use current list prices per million tokens; page counts assume about 0.75 words per token and 500 words per page.

Who wins by task?

TaskMoonshotAI: Kimi K3MiniMax: MiniMax M3
SQL Generation 132 137
Code Review 132 137
Code Completion 128 132
Code Refactoring 136 141
Bug Fixing 136 141
Unit Test Generation 124 127
Code Documentation 128 134
Regex Writing 116 122
CI/CD Pipelines 120 123
Frontend Component Design 122 125
Data Analysis 124 128
CSV / Spreadsheet Cleanup 132 135
ETL Scripting 128 132
JSON Extraction 128 131
Bulk Data Labeling 125 129
OCR / Document Parsing 131 132
Table Extraction from PDFs 131 132
Long-Document Summarization 136 142
Short-Form Summarization 120 125
Blog Post Writing 120 125

Scores reflect capability match + benchmark data + pricing for each task. Methodology →

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