Is DeepSeek V3.1 Terminus or MiniMax-M2 cheaper?

DeepSeek V3.1 Terminus is cheaper on output tokens ($0.95 vs $1.00 per 1M).

Which has the larger context window, DeepSeek V3.1 Terminus or MiniMax-M2?

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

DeepSeek V3.1 Terminus vs MiniMax-M2

DeepSeek V3.1 Terminus is cheaper on output tokens, while MiniMax-M2 offers a larger context window. Choose DeepSeek V3.1 Terminus or MiniMax-M2 based on the trade-off between cost, context, and the benchmarks that matter for your use case.

Spec	DeepSeek V3.1 Terminus	MiniMax-M2
Provider	OpenRouter	OpenRouter
Input / 1M tokens	$0.27	$0.26
Output / 1M tokens	$0.95	$1.00
Context window	164K	197K
Parameters	—	229B
Open weights	Yes	Yes
Released	Sep 2025	Oct 2025

DeepSeek V3.1 Terminus details →MiniMax-M2 details →

FAQ

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