MiniMax M3 vs Mistral Medium 3.5: price, context window and capabilities
MiniMax M3 (minimax/minimax-m3) from MiniMax and Mistral Medium 3.5 (mistralai/mistral-medium-3-5) from Mistral are both multimodal language models on the OceanToken API. MiniMax M3 costs less per token than Mistral Medium 3.5: $0.30 against $1.50 per 1M input tokens (80% less) and $1.20 against $7.50 per 1M output tokens (84% less). MiniMax M3 has the larger context window: 524K tokens (524,288) against 262K (262,144) for Mistral Medium 3.5. Both support tool calling, reasoning, structured outputs and image input; only MiniMax M3 also lists video input; only Mistral Medium 3.5 also lists file input.
Side by side
| Spec | MiniMax M3 | Mistral Medium 3.5 |
|---|---|---|
| Model | MiniMax M3minimax/ | Mistral Medium 3.5mistralai/ |
| Publisher | MiniMax | Mistral |
| Kind | Text, vision & video | Text & vision |
| Context window | 524K tokens524,288 | 262K tokens262,144 |
| Input price | $0.30 / 1M tokens | $1.50 / 1M tokens |
| Output price | $1.20 / 1M tokens | $7.50 / 1M tokens |
| Cached input price | $0.06 / 1M tokens | – |
| Inputs | text, images and video | text, images and files |
| Outputs | text | text |
| Tool calling | Yes | Yes |
| Reasoning | Yes | Yes |
| Structured outputs | Yes | Yes |
About these prices
Which should you choose?
- Choose MiniMax M3 to spend less per token: 80% less for input and 84% less for output than Mistral Medium 3.5.
- Choose MiniMax M3 for the longest inputs: its context window holds 524K tokens against 262K for Mistral Medium 3.5.
- Choose MiniMax M3 if you need video input: Mistral Medium 3.5 does not list it.
- Not sure? Call both with the same OceanToken API key and compare them on your own prompts; each request is billed per use from one prepaid balance.
Get API Key MiniMax M3 Mistral Medium 3.5
Frequently asked questions
Which is cheaper, MiniMax M3 or Mistral Medium 3.5?
MiniMax M3. MiniMax M3 costs less per token than Mistral Medium 3.5: $0.30 against $1.50 per 1M input tokens (80% less) and $1.20 against $7.50 per 1M output tokens (84% less). These are OceanToken starting prices per use; the OceanToken console always shows the current price.
Which has the larger context window, MiniMax M3 or Mistral Medium 3.5?
MiniMax M3. MiniMax M3 has the larger context window: 524K tokens (524,288) against 262K (262,144) for Mistral Medium 3.5.
Can I call both MiniMax M3 and Mistral Medium 3.5 with one API key?
Yes. Both are on the OceanToken API at https://api.oceantoken.ai/v1: one API key and one prepaid balance call either model. Send the model id minimax/minimax-m3 or mistralai/mistral-medium-3-5.
Models and publishers
MiniMax M3 · Mistral Medium 3.5 · All MiniMax models · All Mistral models
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