←Model pricing

Zhipu vs MiniMax API pricing

Checked against the official price pages on 2026-10-08


In short

At 100M input and 20M output tokens a month, the cheapest model from each is GLM-5.3-Flash (about ¥136 a month) and MiniMax-M3 (about ¥378 a month). Zhipu's entry model is cheaper; MiniMax's costs about 2.8 times as much.

The most expensive from each is GLM-5.3 (about ¥1,360 a month) and MiniMax-M2.7 (about ¥378 a month). Price says nothing about whether the models are equally capable; weigh it with benchmarks and context length.

For your own usage: API cost calculator

All models

CNY per million tokens; time-of-day pricing is written peak / off-peak. Monthly cost assumes 100M input and 20M output tokens a month, no cache hits and half of calls at peak hours where that applies, cheapest first.

ModelInputCache hitOutputMonthly
ZhipuGLM-5.3-Flash 0.80.232.8136
MiniMaxMiniMax-M3 2.10.428.4378
MiniMaxMiniMax-M2.7 2.10.428.4378
ZhipuGLM-5.3 82281,360

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