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MiniMax M2 vs o3-mini

SpecMiniMax M2o3-mini
Respan Index17.5 (#135)17.8 (#133)
Blended price per 1M$0.446$1.93
Context window205K200K
Input / output per 1M$0.255 / $1.02$1.1 / $4.4
Max output128K100K
Inputtexttext
Released2025-10-272025-01-31

Respan Index by category

Each category is scored 0 to 100, and how far ahead the winner is. Leads under a point are close to even.

CategoryMiniMax M2o3-mini
Coding5.1 MiniMax M24.5 o3-mini
Agents12.7 MiniMax M214.2* o3-mini
Reasoning18.9 MiniMax M222.4 o3-mini
Knowledge & language11.8* MiniMax M215.3 o3-mini
Human preference47.5 MiniMax M240.3 o3-mini

* Estimated: no published scores in that category. How the Respan Index works

Benchmarks both report

They split the 2 benchmarks both report evenly. Higher is better. Each score links to where it was published.

BenchmarkMiniMax M2o3-mini
LMArena Elo13441364
SimpleBench (SimpleBench)25%22.8%

FAQ

Is MiniMax M2 better than o3-mini?

o3-mini scores 17.8 on the Respan Index (#133), ahead of MiniMax M2 at 17.5 (#135). They split the 2 benchmarks both report evenly.

Which is cheaper, MiniMax M2 or o3-mini?

MiniMax M2 lists at $0.255 input and $1.02 output per 1M tokens; o3-mini at $1.1 and $4.4. MiniMax M2 is 4.3x cheaper per token at list price.

Which has the larger context window?

MiniMax M2 accepts 205K tokens and o3-mini 200K tokens.

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