MiniMax-M3 vs DeepSeek V4 Flash vs Qwen3.7 Plus
Too close to call on our weighted score (DeepSeek V4 Flash 71, Qwen3.7 Plus 70, MiniMax-M3 69). The right pick depends on what you value most.
MiniMaxMiniMax-M3
69/100- ECI147.0
- Price$0.30 / $1.20
- Context1.05M
DeepSeekDeepSeek V4 Flash
71/100- ECI146.1
- Price$0.14 / $0.28
- Context1M
Alibaba (Qwen)Qwen3.7 Plus
70/100- ECI147.4
- Price$0.40 / $1.60
- Context1M
Too close to call
It is close. Our weighted score puts them within 1 points (DeepSeek V4 Flash 71/100, Qwen3.7 Plus 70/100, MiniMax-M3 69/100), so choose by what matters most for your work: Qwen3.7 Plus for raw capability, DeepSeek V4 Flash on price and MiniMax-M3 for long inputs. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.
- CapabilityQwen3.7 PlusCapabilities Index (ECI): Qwen3.7 Plus 147.4 · MiniMax-M3 147.0 · DeepSeek V4 Flash 146.1
- Lowest priceDeepSeek V4 FlashDeepSeek V4 Flash $0.175 · MiniMax-M3 $0.525 · Qwen3.7 Plus $0.70 per 1M tokens (3:1 blend)
- Longest contextMiniMax-M3MiniMax-M3 1,048,576 · DeepSeek V4 Flash 1,000,000 · Qwen3.7 Plus 1,000,000 tokens
- Widest inputsMiniMax-M3 and Qwen3.7 PlusMiniMax-M3: Text, Images, Video · DeepSeek V4 Flash: Text · Qwen3.7 Plus: Text, Images, Video
- Self-hostingMiniMax-M3 and DeepSeek V4 FlashPublishes downloadable weights
| Measure | Weight | MiniMax-M3 | DeepSeek V4 Flash | Qwen3.7 Plus |
|---|---|---|---|---|
| CapabilityCapabilities Index (ECI) | 50% | 74 | 73 | 75 |
| Price | 25% | 63 | 86 | 57 |
| Inputs & features | 15% | 70 | 45 | 80 |
| Context window | 10% | 61 | 60 | 60 |
| Overall | 100% | 69/100 | 71/100 | 70/100 |
Every spec in one table
Highlighted cells lead their row. Dashes mean the data is not published.
| Specification | MiniMax-M3MiniMax | DeepSeek V4 FlashDeepSeek | Qwen3.7 PlusAlibaba (Qwen) |
|---|---|---|---|
| Capability | |||
| Capabilities Index (ECI) | 147.0 | 146.1 | 147.4 (best) |
| ECI rank | #62 of 148 | #71 of 148 | #61 of 148 (best) |
| GPQA DiamondGraduate-level science questions | 90.9% (best) | — | 87.9% |
| FrontierMath Tiers 1–3Research-level mathematics | — | — | 34.4% |
| OTIS Mock AIME 2024–2025Competition mathematics | 71.1% | — | 93.3% (best) |
| Price per million tokens | |||
| Input | $0.30 | $0.14 (best) | $0.40 |
| Output | $1.20 | $0.28 (best) | $1.60 |
| Cached input | $0.06 | — | $0.04 (best) |
| Blended (3:1) | $0.525 | $0.175 (best) | $0.70 |
| Long-context rate | Over 512K: $0.60 / $2.40 | Same rate | Over 256K: $1.20 / $4.80 |
| Price source | Official MiniMax (minimax.io) API | Median of 42 providers | Official Alibaba API |
| Limits | |||
| Context window | 1,048,576 tokens (best) | 1,000,000 tokens | 1,000,000 tokens |
| Max output | 512,000 tokens (best) | 384,000 tokens | 64,000 tokens |
| Inputs and features | |||
| Text | Yes | Yes | Yes |
| Images | Yes | No | Yes |
| PDFs | No | No | No |
| Audio | No | No | No |
| Video | Yes | No | Yes |
| Reasoning | Yes | Yes | Yes |
| Tool calling | Yes | Yes | Yes |
| Structured output | No | Yes | Yes |
| Availability | |||
| Weights | Open | Open | Proprietary |
| API model ID | MiniMax-M3 | — | qwen3.7-plus |
| API providers | 42 | 48 (best) | 25 |
| Released | Jun 1, 2026 | Apr 24, 2026 | Jun 2, 2026 |
| Knowledge cutoff | — | May 2025 | Apr 2025 |
What would a month cost?
Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.
- MiniMax-M3$5.40
- DeepSeek V4 Flash$1.96
- Qwen3.7 Plus$7.20
Which should you choose?
Which is better: MiniMax-M3, DeepSeek V4 Flash or Qwen3.7 Plus?
It is close. Our weighted score puts them within 1 points (DeepSeek V4 Flash 71/100, Qwen3.7 Plus 70/100, MiniMax-M3 69/100), so choose by what matters most for your work: Qwen3.7 Plus for raw capability, DeepSeek V4 Flash on price and MiniMax-M3 for long inputs. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.
Which is cheaper, MiniMax-M3, DeepSeek V4 Flash or Qwen3.7 Plus?
DeepSeek V4 Flash is cheaper at $0.14 input / $0.28 output per million tokens (median across 42 API providers). MiniMax-M3 costs $0.30 input / $1.20 output per million tokens (official MiniMax (minimax.io) API price); Qwen3.7 Plus costs $0.40 input / $1.60 output per million tokens (official Alibaba API price). At a typical mix of three input tokens to one output token, that is $0.175 per million tokens for DeepSeek V4 Flash versus $0.525 for MiniMax-M3 (3× as much) and $0.70 for Qwen3.7 Plus (4× as much).
Which scores higher on benchmarks?
Qwen3.7 Plus scores higher on the Capabilities Index (ECI): Qwen3.7 Plus 147.4 (#61 of 148), MiniMax-M3 147.0 (#62 of 148) and DeepSeek V4 Flash 146.1 (#71 of 148). The confidence ranges of the top two overlap (145.7–148.9 vs 142.7–149.8), so treat the gap as small.
Which is better for coding?
There are no published SWE-bench Verified results for MiniMax-M3, DeepSeek V4 Flash and Qwen3.7 Plus yet, so there is no like-for-like coding score. On overall capability, Qwen3.7 Plus leads, which tends to carry over to coding, but test on your own codebase. All three support tool calling for agent workflows.
Which has the bigger context window?
MiniMax-M3 has the largest context window at 1,048,576 tokens, against 1,000,000 for DeepSeek V4 Flash and 1,000,000 for Qwen3.7 Plus. Maximum output per response: MiniMax-M3 up to 512,000, DeepSeek V4 Flash up to 384,000, Qwen3.7 Plus up to 64,000 tokens.
Which can read images, PDFs, audio or video?
MiniMax-M3 accepts text, images and video; DeepSeek V4 Flash accepts text; Qwen3.7 Plus accepts text, images and video. MiniMax-M3 handles the widest range of inputs.
Are any of these open source?
MiniMax-M3 and DeepSeek V4 Flash publishes its weights and can be self-hosted; Qwen3.7 Plus is proprietary.
Which is newer?
Qwen3.7 Plus is the newest, released Jun 2, 2026. MiniMax-M3 came out Jun 1, 2026; DeepSeek V4 Flash came out Apr 24, 2026. Knowledge cutoff: DeepSeek V4 Flash May 2025, Qwen3.7 Plus Apr 2025.
How do you decide the winner?
Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Oct 4, 2026.
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