MiniMax Text 01 vs O3 Mini

Performance benchmarks + pricing comparison — updated April 2026

MiniMax Text 01

MiniMax

MiniMax's cost-effective text model. Optimized for high-volume Chinese text generation.

Input$0.050/M
Output$0.200/M
Context8K tokens
Best ForHigh-volume Chinese text, customer service bots

O3 Mini

OpenAI

OpenAI's reasoning model at lower cost. Strong at math, coding, and science tasks.

Input$1.10/M
Output$4.40/M
Context200K tokens
Best ForMath, science, coding tasks requiring deep reasoning
Benchmark80/100

Cost Comparison by Scenario

Estimated cost per project with 30% cache hit rate. Actual costs may vary based on usage patterns.

ScenarioMiniMax Text 01O3 MiniSavings
Small Script (1K lines) <$0.01 $0.17 MiniMax Text 01 saves $0.16 (95%)
Medium Feature (10K lines) $0.06 $1.27 MiniMax Text 01 saves $1.21 (95%)
Large Project (50K lines) $0.29 $6.33 MiniMax Text 01 saves $6.04 (95%)
Code Review (5K lines) $0.01 $0.30 MiniMax Text 01 saves $0.29 (95%)

Verdict

MiniMax Text 01 wins on both price and performance — $0.050/M input with a benchmark score of N/A/100.

For most developers, this is the clear choice between these two models.

Compare with Other Models