# MiniMax M3 vs GLM 4.7 FP8

On provider list prices, MiniMax M3 costs $0.30 per million input tokens against $0.45 for GLM 4.7 FP8: 1.5x apart. Output is $1.20 against $2 (1.7x). On Allocate both bill at list plus the 7% transaction fee.

## Specifications

| | MiniMax M3 | GLM 4.7 FP8 |
| --- | --- | --- |
| Lab | MiniMaxAI | Zai Org |
| Access | API only | Open weights |
| Context window | 512K tokens | 198K tokens |
| List price, input | $0.30 / M tokens | $0.45 / M tokens |
| List price, output | $1.20 / M tokens | $2 / M tokens |
| Cached input | $0.06 / M tokens | n/a |
| License | Proprietary API | MIT |
| Fine-tunable | No | Yes |

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 $1,240 on GLM 4.7 FP8 at list: a gap of $460, or 1.6x.

MiniMax M3 reads 512K tokens per request against 198K for GLM 4.7 FP8, 2.6x the window. That decides which one can take whole documents without splitting them.

## Choose MiniMax M3 for

- The lower list price ($0.30 in / $1.20 out per M tokens)
- The longer context window (512K vs 198K tokens)
- Published cached-input pricing ($0.06 per M tokens)

## Choose GLM 4.7 FP8 for

- Open weights you can fine-tune and own
- Fine-tuning under a permissive license (MIT)

## Common questions

### Which is cheaper, MiniMax M3 or GLM 4.7 FP8?

MiniMax M3, on this workload shape. At list prices it is $0.30/$1.20 per million tokens in and out against $0.45/$2 for GLM 4.7 FP8. Billed on Allocate: $0.32/$1.28 against $0.48/$2.14, list plus 7%.

### Which has the bigger context window?

MiniMax M3: 524,288 tokens (512K) against 202,752 (198K) for GLM 4.7 FP8.

### Can I fine-tune MiniMax M3 or GLM 4.7 FP8?

GLM 4.7 FP8 publishes open weights (MIT) and can be fine-tuned on your own data. MiniMax M3 is a closed model served over API; its weights are not available.

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[HTML page](https://allocate.network/compare/minimaxai-minimax-m3-vs-z-ai-glm-4-7) · [MiniMax M3](https://allocate.network/models/minimaxai-minimax-m3.md) · [GLM 4.7 FP8](https://allocate.network/models/z-ai-glm-4-7.md) · [Machine-readable catalog](https://allocate.network/catalog.json)