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Model comparison - Similar price, same tier

MiniMax-M3 vs Qwen3.8-Flash

MiniMax-M3 is from MiniMax and Qwen3.8-Flash is from Alibaba Cloud (Qwen). On list price, MiniMax-M3 charges 2x Qwen3.8-Flash's input price ($0.30 vs $0.15 per 1M tokens), and MiniMax-M3 charges 2.6x Qwen3.8-Flash's output price ($1.20 vs $0.47 per 1M tokens). MiniMax-M3 and Qwen3.8-Flash both have a 1,000,000-token context window; max output is 524,288 and 131,072 tokens per response. MiniMax-M3 was released on June 1, 2026 and Qwen3.8-Flash on August 26, 2026. MiniMax-M3 publishes open weights (MiniMax Community License (Hugging Face license tag: other / minimax-community)); Qwen3.8-Flash is closed-weights.

Last verified from each provider's pricing page. All sources

MiniMax - Open

MiniMax-M3
Input / 1M
$0.30
Output / 1M
$1.20
Context
1M

Alibaba Cloud (Qwen) - Closed

Qwen3.8-Flash
Input / 1M
$0.15
Output / 1M
$0.47
Context
1M

Side-by-side specs

SpecMiniMax-M3Qwen3.8-Flash
ProviderMiniMaxAlibaba Cloud (Qwen)
Input / 1M tokens$0.30$0.15
Output / 1M tokens$1.20$0.47
Cache read / 1M$0.06$0.016
Cache write / 1M-$0.20
Long-context rates above512,000 tokens-
Context window1,000,0001,000,000
Max output524,288131,072
Release date
WeightsOpenClosed
LicenseMiniMax Community License (Hugging Face license tag: other / minimax-community)-
API model idMiniMax-M3qwen3.8-flash
AI Gateway idminimax/minimax-m3alibaba/qwen3.8-flash
Last verified

Prices in USD per 1M tokens at each provider's standard first-party rate. A dash means the provider does not bill that item separately or no primary page states it.

What each costs in practice

The same three workloads every model page uses, worked from each model's standard list rates. Swap in your own token counts with the math on each model's page.

WorkloadMiniMax-M3Qwen3.8-Flash
One agent session1M input tokens and 100K output tokens, no caching.$0.42$0.197
A chat app10,000 requests a day at 2K input and 500 output tokens each.$12.00$360.00 per 30-day month$5.35$160.50 per 30-day month
The same session at a 90% cache hit90% of the input is read from the prompt cache. The one-time cache write premium is not included.$0.204$0.0764
Show the math

MiniMax-M3

  • One agent sessionInput: 1M x $0.30 = $0.30Output: 0.1M x $1.20 = $0.12
  • A chat appInput: 20M x $0.30 = $6.00Output: 5M x $1.20 = $6.00
  • The same session at a 90% cache hitCached input: 0.9M x $0.06 = $0.054Uncached input: 0.1M x $0.30 = $0.03Output: 0.1M x $1.20 = $0.12

Qwen3.8-Flash

  • One agent sessionInput: 1M x $0.15 = $0.15Output: 0.1M x $0.47 = $0.047
  • A chat appInput: 20M x $0.15 = $3.00Output: 5M x $0.47 = $2.35
  • The same session at a 90% cache hitCached input: 0.9M x $0.016 = $0.0144Uncached input: 0.1M x $0.15 = $0.015Output: 0.1M x $0.47 = $0.047

Benchmarks under the same setting

No board in the benchmark directory lists both MiniMax-M3 and Qwen3.8-Flash under the same setting, so there is no like-for-like score to show here.

Set them up in your tools

Step-by-step guides whose official docs list MiniMax-M3 or Qwen3.8-Flash by model id.

Model pages

FAQ

How do MiniMax-M3 and Qwen3.8-Flash compare on price?

On list price, MiniMax-M3 charges 2x Qwen3.8-Flash's input price ($0.30 vs $0.15 per 1M tokens), and MiniMax-M3 charges 2.6x Qwen3.8-Flash's output price ($1.20 vs $0.47 per 1M tokens). For one agent session of 1M input and 100K output tokens with no caching, that is $0.42 on MiniMax-M3 and $0.197 on Qwen3.8-Flash. Prices are each provider's first-party list rates, verified October 17, 2026 and October 17, 2026.

What are the context windows of MiniMax-M3 and Qwen3.8-Flash?

MiniMax-M3 and Qwen3.8-Flash both have a 1,000,000-token context window; max output is 524,288 and 131,072 tokens per response.

Are MiniMax-M3 and Qwen3.8-Flash open weights?

MiniMax-M3's weights are published at huggingface.co under the MiniMax Community License (Hugging Face license tag: other / minimax-community). Qwen3.8-Flash is closed-weights and is called through Alibaba Cloud (Qwen)'s API as qwen3.8-flash.

More comparisons

Sources

MiniMax-M3 verified from platform.minimax.io; Qwen3.8-Flash verified from alibabacloud.com. This page is as current as the older of the two: .

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