Comparisons

MiniMax M3 vs Kimi K2.7 Code

On provider list prices, MiniMax M3 costs $0.30 per million input tokens against $0.95 for Kimi K2.7 Code: 3.2x apart. Output is $1.20 against $4 (3.3x). On Allocate both bill at list plus the 7% transaction fee.

M MiniMax M3 Kimi K2.7 Code
LabMiniMaxAIMoonshot AI
AccessAPI onlyOpen weights
Context window512K tokens256K tokens
List price, input$0.3 / M tokens$0.95 / M tokens
List price, output$1.2 / M tokens$4 / M tokens
Cached input$0.06 / M tokens$0.19 / M tokens
LicenseProprietary APINot listed
Fine-tunableNoYes

Specifications and provider list prices from the Allocate catalog, checked 2026-07-08. Billed price is list plus the 7% transaction fee.

What the numbers say

Take 1,000,000 requests a month at 1,200 input and 350 output tokens each. That workload costs $780 a month on MiniMax M3 and $2,540 on Kimi K2.7 Code at list: a gap of $1,760, or 3.3x.

MiniMax M3 reads 512K tokens per request against 256K for Kimi K2.7 Code, 2.0x the window. That decides which one can take whole documents without splitting them.

MiniMax M3$0.30$1.20
Kimi K2.7 Code$0.95$4
InputOutput

Choose MiniMax M3 for

  • The lower list price ($0.30 in / $1.20 out per M tokens)
  • The longer context window (512K vs 256K tokens)
MiniMax M3 details

Choose Kimi K2.7 Code for

  • Open weights you can fine-tune and own
Kimi K2.7 Code details

Common questions

Which is cheaper, MiniMax M3 or Kimi K2.7 Code?

MiniMax M3, on this workload shape. At list prices it is $0.30/$1.20 per million tokens in and out against $0.95/$4 for Kimi K2.7 Code. Billed on Allocate: $0.32/$1.28 against $1.02/$4.28, list plus 7%.

Which has the bigger context window?

MiniMax M3: 524,288 tokens (512K) against 262,144 (256K) for Kimi K2.7 Code.

Can I fine-tune MiniMax M3 or Kimi K2.7 Code?

Kimi K2.7 Code publishes open weights (Not listed) and can be fine-tuned on your own data. MiniMax M3 is a closed model served over API; its weights are not available.

Related comparisons

Run the numbers on your workload

Or don’t choose. On Allocate a route name is the contract: point yours at one model today, swap to the other tomorrow, and compare them on your live traffic with per-token metering.