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MiniMax M3 vs Mistral Large 3 2512

MiniMaxMistral AIboth via one key, provider price + 3%

Spec vs spec

SpecMiniMax M3Mistral Large 3 2512
Context window1.0M262K
Max output512K
Input modalitiestext, image, videotext, image, file
Output modalitiestexttext
ReleasedMay 31, 2026Dec 1, 2025
Reasoningoptional

Pricing

Per 1M tokens. Provider price plus the flat 3% fee — the sum is what you pay.

openkey.ai

minimax/minimax-m3

Input · 1M tokens

$0.300 + 3%$0.309

Output · 1M tokens

$1.20 + 3%$1.24

Cache read · 1M tokens

$0.060 + 3%$0.062

FEE — FLAT, EVERY MODEL3%

openkey.ai

mistralai/mistral-large-2512

Input · 1M tokens

$0.500 + 3%$0.515

Output · 1M tokens

$1.50 + 3%$1.54

Cache read · 1M tokens

$0.050 + 3%$0.052

FEE — FLAT, EVERY MODEL3%

One workload, priced on both

10M input + 2M output tokens at each model's price, flat 3% fee included.

minimax/minimax-m3Cheaper

$5.56

$5.40 provider + 3%

mistralai/mistral-large-2512

$8.24

$8.00 provider + 3%

Benchmarks

Design Arena categories where both models have results. Higher Elo and lower rank win.

MiniMax M3Mistral Large 3 2512
CategoryEloRankEloRank
3D1306#161176#51
ASCII art1219#151115#43
Code1306#131191#56
Data viz1295#111180#55
Game dev1287#201146#65
SVG1250#131050#62
UI components1291#181157#59
Websites1304#111205#53

Head-to-head preference voting. How we filter and rank

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