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GLM-5.2 vs MiniMax M3

MiniMax M3 has been retired from our catalogue. Its figures below are the last published rates; calls to it are no longer served, while the other model in this comparison is.

vs

Which one, when

Both are June 2026 text-out models with a 1,000,000-token context, the same chat, code, reasoning, tools and long-context flags, and the option to turn thinking off, so the split is price, output length and inputs. minimax-m3 is the cheaper and more flexible default: about 4.7x less on input, roughly 3.7x less on output, 4x the max output at 524288 tokens, and it accepts image and video alongside text. Pick glm-5.2 when you specifically want Z.ai's text-only model at $1.4 input and $4.4 output and your replies fit inside its 131072-token cap.

Benchmarks

MiniMax M3: the vendor has not published benchmark scores.

Above averageNo peer higherGLM-5.225 / 801 / 80
GLM-5.2 MiniMax M3 other models measured peer average ★ no peer scored higher
SWE-Bench Pro
62.1%
N/A
Cybergym
77.2%
N/A
Finance Agent v2
49.7%
N/A
Harvey Lab-AA
91%
N/A
GPQA Diamond
91.2%
N/A
Agents' Last Exam
23.8%
N/A

Vendor-published: Alibaba (Qwen) Anthropic ByteDance DeepSeek Google MiniMax Moonshot OpenAI Tencent Z.ai

Pricing

GLM-5.2 MiniMax M3 Δ
Input / 1M tokens $1.4 $0.3 4.7×
Output / 1M tokens $4.4 $1.2 3.7×
Cache read / 1M tokens $0.26 $0.06 4.3×
Cache write - no separate charge -

Rates from the live catalogue at build time; each model page carries the current rate card.

Where they sit · input price per 1M tokens across all 76 chat models on this billing unit (log scale)

GLM-5.2 · $1.4 MiniMax M3 · $0.3
$0.05 · Qwen3 VL Flash $30 · GPT-5.4 Pro

Capabilities

GLM-5.2 MiniMax M3
Tool calling yes yes
Thinking control configurable configurable
Structured output yes -
Prompt caching implicit (automatic) implicit (automatic)
Cache lifetime not published not published
Minimum cached prefix not published 512 tokens

Specs

GLM-5.2 MiniMax M3
Input modalities text text image video
Output modalities text text
Released 2026-06-16 2026-06-01
Context window 1M 1M
Max output 131K 524K
Thinking parameter
  • thinking.type
  • reasoning_effort
  • thinking.type
  • reasoning_split
Accepted values
thinking.type
  • enabled
  • disabled
reasoning_effort
  • none
  • minimal
  • low
  • medium
  • high
  • xhigh
  • max (none and minimal skip thinking, low and medium map to high, xhigh maps to max)
thinking.type
  • adaptive
  • disabled
reasoning_split
  • boolean
Default enabled, with reasoning_effort at max: the only GLM with an effort dial, and it defaults to the top of it adaptive: thinking on, with the model deciding when extra reasoning helps

Specs are transcribed from each vendor’s documentation; a row a vendor does not publish is left out rather than inferred. Full sources: GLM-5.2 · MiniMax M3

Switch between them with one line

Both ids are in every tab below; the highlighted pair of lines is the only edit. Same endpoint, same key, same request shape.

from openai import OpenAI

client = OpenAI(
    base_url="https://synthorai.io/v1",
    api_key="sk-syn-...",
)

resp = client.chat.completions.create(
    model="glm-5.2",
    # model="minimax-m3",  # uncomment this line, comment the one above
    messages=[{"role": "user", "content": "Summarize this diff"}],
    reasoning_effort="medium",
)
print(resp.choices[0].message.content)

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FAQ

Which is cheaper, GLM-5.2 or MiniMax M3?

MiniMax M3 is cheaper on the "Input / 1M tokens" row ($0.3 vs $1.4, 4.7× apart). Other rows may point the other way; the table above carries the full rate card, and real cost depends on your mix.

Can I A/B test GLM-5.2 against MiniMax M3 without two integrations?

Yes. Both are served through the same OpenAI-compatible endpoint with one API key. Switching is a one-line change to the model id, so you can route a fraction of traffic to each and compare bills directly.

Do GLM-5.2 and MiniMax M3 support prompt caching?

Yes. Both bill cache reads below their input rate, so warm-prefix workloads cost less than the list rates suggest. The exact cache-read rows are in the pricing table above.

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