Is MiniMax-M2.5 or DeepSeek-V3.2 cheaper?

MiniMax-M2.5 is cheaper on output tokens ($1.20 vs $1.50 per 1M).

Which has the larger context window, MiniMax-M2.5 or DeepSeek-V3.2?

MiniMax-M2.5 has the larger context window (197K tokens).

MiniMax-M2.5 vs DeepSeek-V3.2

MiniMax-M2.5 is cheaper on output tokens, while MiniMax-M2.5 offers a larger context window. Choose MiniMax-M2.5 or DeepSeek-V3.2 based on the trade-off between cost, context, and the benchmarks that matter for your use case.

Spec	MiniMax-M2.5	DeepSeek-V3.2
Provider	Friendli	Friendli
Input / 1M tokens	$0.30	$0.50
Output / 1M tokens	$1.20	$1.50
Context window	197K	164K
Parameters	—	—
Open weights	Yes	Yes
Released	Feb 2026	Dec 2025

MiniMax-M2.5 details →DeepSeek-V3.2 details →

FAQ

Pricing is indicative — confirm with the provider before production use. Highlighted values indicate the better figure for that row.