Comparisons

MiniMax M3 vs OpenAI GPT-OSS 120B

On provider list prices, OpenAI GPT-OSS 120B costs $0.15 per million input tokens against $0.30 for MiniMax M3: 2.0x apart. Output is $0.60 against $1.20 (2.0x). On Allocate both bill at list plus the 7% transaction fee.

M MiniMax M3 OpenAI GPT-OSS 120B
LabMiniMaxAIOpenAI
AccessAPI onlyOpen weights
Context window512K tokens128K tokens
List price, input$0.3 / M tokens$0.15 / M tokens
List price, output$1.2 / M tokens$0.6 / M tokens
Cached input$0.06 / M tokensn/a
LicenseProprietary APICustom license
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 $390 a month on OpenAI GPT-OSS 120B and $780 on MiniMax M3 at list: a gap of $390, or 2.0x.

MiniMax M3 reads 512K tokens per request against 128K for OpenAI GPT-OSS 120B, 4.0x the window. That decides which one can take whole documents without splitting them.

OpenAI GPT-OSS 120B$0.15$0.60
MiniMax M3$0.30$1.20
InputOutput

Choose MiniMax M3 for

  • The longer context window (512K vs 128K tokens)
  • Published cached-input pricing ($0.06 per M tokens)
MiniMax M3 details

Choose OpenAI GPT-OSS 120B for

  • The lower list price ($0.15 in / $0.60 out per M tokens)
  • Open weights you can fine-tune and own
OpenAI GPT-OSS 120B details

Common questions

Which is cheaper, MiniMax M3 or OpenAI GPT-OSS 120B?

OpenAI GPT-OSS 120B, on this workload shape. At list prices it is $0.15/$0.60 per million tokens in and out against $0.30/$1.20 for MiniMax M3. Billed on Allocate: $0.16/$0.64 against $0.32/$1.28, list plus 7%.

Which has the bigger context window?

MiniMax M3: 524,288 tokens (512K) against 131,072 (128K) for OpenAI GPT-OSS 120B.

Can I fine-tune MiniMax M3 or OpenAI GPT-OSS 120B?

OpenAI GPT-OSS 120B publishes open weights (Custom license) 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.