Mercury vs MiniMax M3 Thinking
Both have similar output pricing, while MiniMax M3 Thinking offers a larger context window. Choose Mercury or MiniMax M3 Thinking based on the trade-off between cost, context, and the benchmarks that matter for your use case.
| Spec | Mercury | MiniMax M3 Thinking |
|---|---|---|
| Provider | Inception Labs | NanoGPT |
| Input / 1M tokens | — | $0.23 |
| Output / 1M tokens | — | $0.96 |
| Context window | — | 512K |
| Parameters | — | — |
| Open weights | No | Yes |
| Released | Feb 2025 | Jun 2026 |
| LMArena (Chatbot Arena) Elo score | 1282 | — |
| LiveBench score | — | 70.0 |
FAQ
Is Mercury or MiniMax M3 Thinking cheaper?
Mercury and MiniMax M3 Thinking have comparable output pricing.
Which has the larger context window, Mercury or MiniMax M3 Thinking?
MiniMax M3 Thinking has the larger context window (512K tokens).
Pricing is indicative — confirm with the provider before production use. Highlighted values indicate the better figure for that row.