Is MiniMax M3 Thinking or GLM 4.5 cheaper?

MiniMax M3 Thinking is cheaper on output tokens ($1.20 vs $1.30 per 1M).

Which has the larger context window, MiniMax M3 Thinking or GLM 4.5?

MiniMax M3 Thinking has the larger context window (512K tokens).

MiniMax M3 Thinking vs GLM 4.5

MiniMax M3 Thinking is cheaper on output tokens, while MiniMax M3 Thinking offers a larger context window. Choose MiniMax M3 Thinking or GLM 4.5 based on the trade-off between cost, context, and the benchmarks that matter for your use case.

Spec	MiniMax M3 Thinking	GLM 4.5
Provider	NanoGPT	NanoGPT
Input / 1M tokens	$0.30	$0.30
Output / 1M tokens	$1.20	$1.30
Context window	512K	128K
Parameters	—	355B
Open weights	No	No
Released	Jun 2026	Apr 2025

MiniMax M3 Thinking details →GLM 4.5 details →

FAQ

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