Kimi K3.1 Pro vs MiniMax M3.1 Flash
Moonshot AI · China | MiniMax · China · Updated June 2026
Quick verdict
Pick Kimi K3.1 Pro for sparse moe with 2.8t total and about 104b active parameters, post-trained from the kimi k3 base or terminal-bench 4.0 of 65.7% (moonshot) and 67% as measured by artificial analysis. Pick MiniMax M3.1 Flash for $0.15/$0.60 per million tokens (cached $0.015) with flat pricing regardless of prompt length or 428b-parameter moe (about 23b active) with weights on hugging face from october 23, 2026. Choose MiniMax M3.1 Flash if you need self-hosting or data privacy; Kimi K3.1 Pro if you want a managed API.
Kimi K3.1 Pro (Moonshot AI) and MiniMax M3.1 Flash (MiniMax) are two of the models people most often weigh against each other in 2026. Kimi K3.1 Pro is moonshot's October 23, 2026 post-training upgrade to Kimi K3 - a 2.8T-parameter MoE at $2/$10 with open weights promised by November 4. MiniMax M3.1 Flash is miniMax's October 19, 2026 always-thinking agentic Flash model - 1M context, text/image/video input, $0.15/$0.60 and open weights under a community license. They diverge most on price, context window and open vs. closed weights — each quantified below from the models' real specs.
Key differences at a glance
- ▸Price: MiniMax M3.1 Flash is about 13× cheaper on input ($0.15/$0.6 per 1M tokens vs $2/$10 per 1M tokens) — a large enough gap that at scale it can be the single biggest line item in the decision.
- ▸Context window: 1M tokens vs 1M tokens — within a few percent of each other, so treat this as a tie and test on your own long inputs, since usable recall varies by model.
Side-by-side specs
| Spec | Kimi K3.1 Pro | MiniMax M3.1 Flash |
|---|---|---|
| Provider | Moonshot AI (China) | MiniMax (China) |
| Released | October 23, 2026 | October 19, 2026 |
| Context window | 1M tokens (~1,573 pages) | 1M tokens (~1,500 pages) |
| Price (in/out) | $2/$10 per 1M tokens | $0.15/$0.6 per 1M tokens |
| Open weight? | No — API only | Yes — self-hostable |
| Modalities | text, image, code | text, image, video, code |
| SWE-Bench Verified | Not published | Not published |
| MRCR v2 @ 1M | Not published | Not published |
Who wins what
Sparse MoE with 2.8T total and about 104B active parameters, post-trained from the Kimi K3 base
Kimi K3.1 Pro
Moonshot's October 23, 2026 post-training upgrade to Kimi K3 - a 2.8T-parameter MoE at $2/$10 with open weights promised by November 4 — and it is the newer of the two.
Terminal-Bench 4.0 of 65.7% (Moonshot) and 67% as measured by Artificial Analysis
Kimi K3.1 Pro
MiniMax M3.1 Flash is comparatively weak here — behind DeepSeek V4.1 Flash 1017 on Artificial Analysis's independent index
Artificial Analysis Intelligence Index of 55, second only to Claude Opus 5.5 (58) among the models AI Weekly lists
Kimi K3.1 Pro
Kimi K3.1 Pro lists artificial Analysis Intelligence Index of 55, second only to Claude Opus 5.5 (58) among the models AI Weekly lists among its strengths; MiniMax M3.1 Flash does not.
$0.15/$0.60 per million tokens (cached $0.015) with flat pricing regardless of prompt length
MiniMax M3.1 Flash
Kimi K3.1 Pro is comparatively weak here — very high output-token use: roughly 150M output tokens across the Artificial Analysis index
428B-parameter MoE (about 23B active) with weights on Hugging Face from October 23, 2026
MiniMax M3.1 Flash
Kimi K3.1 Pro is comparatively weak here — weights promised by November 4, 2026 and not confirmed public as of November 3; license terms not yet disclosed
DeepSWE v1.1 of 73.7% and OSWorld V2 of 61.7 (MiniMax-reported)
MiniMax M3.1 Flash
MiniMax's October 19, 2026 always-thinking agentic Flash model - 1M context, text/image/video input, $0.15/$0.60 and open weights under a community license — and it runs cheaper at $0.15/$0.6 per 1M tokens.
Lowest cost at scale
MiniMax M3.1 Flash
At $0.15/$0.6 per 1M tokens, it is the cheaper of the two — the gap dominates the bill on high-volume workloads.
Which should you pick?
A cost-sensitive startup shipping high volume
→ MiniMax M3.1 Flash
At $0.15/$0.6 per 1M tokens it undercuts Kimi K3.1 Pro, and on millions of tokens that margin decides the monthly bill.
Someone analysing very long documents or codebases
→ Kimi K3.1 Pro
Larger 1M tokens window fits more in one prompt.
A team with data-privacy or self-hosting needs
→ MiniMax M3.1 Flash
Open weights let you run it on your own hardware; Kimi K3.1 Pro is API-only.
Anyone whose priority is sparse moe with 2.8t total and about 104b active parameters, post-trained from the kimi k3 base
→ Kimi K3.1 Pro
It is specifically built for that.
Anyone whose priority is $0.15/$0.60 per million tokens (cached $0.015) with flat pricing regardless of prompt length
→ MiniMax M3.1 Flash
That is its strongest area.
Kimi K3.1 Pro: where it fits
Moonshot's October 23, 2026 post-training upgrade to Kimi K3 - a 2.8T-parameter MoE at $2/$10 with open weights promised by November 4. Released October 23, 2026 by Moonshot AI, it is built for sparse MoE with 2.8T total and about 104B active parameters, post-trained from the Kimi K3 base, terminal-Bench 4.0 of 65.7% (Moonshot) and 67% as measured by Artificial Analysis, artificial Analysis Intelligence Index of 55, second only to Claude Opus 5.5 (58) among the models AI Weekly lists, and standard API price cut by a third versus K3 to $2/$10 per million tokens (Highspeed tier $4/$20).
Its trade-offs are real: weights promised by November 4, 2026 and not confirmed public as of November 3; license terms not yet disclosed, very high output-token use: roughly 150M output tokens across the Artificial Analysis index, self-hosting is impractical - about 1.4 TB of raw weights even at 4-bit, and most benchmarks are internal or use differing harnesses; no SWE-bench Verified figure published. At $2 in / $10 out per million tokens, it sits in the mid price band.
MiniMax M3.1 Flash: where it fits
MiniMax's October 19, 2026 always-thinking agentic Flash model - 1M context, text/image/video input, $0.15/$0.60 and open weights under a community license. Released October 19, 2026 by MiniMax, it is built for $0.15/$0.60 per million tokens (cached $0.015) with flat pricing regardless of prompt length, 428B-parameter MoE (about 23B active) with weights on Hugging Face from October 23, 2026, deepSWE v1.1 of 73.7% and OSWorld V2 of 61.7 (MiniMax-reported), and artificial Analysis Intelligence Index of 42, 13 points above MiniMax M3.
Its trade-offs: thinking is always on and default effort is max, which inflates output-token cost, behind DeepSeek V4.1 Flash 1017 on Artificial Analysis's independent index, custom MiniMax Community license: attribution required, and products above $20M annual revenue need written authorization, and benchmarks are mostly self-reported; no SWE-bench Verified figure published. At $0.15 in / $0.6 out per million tokens, it sits in the budget price band.
The bottom line for this matchup
The defining split here is open vs. closed. MiniMax M3.1 Flash gives you weights you control — self-host it, fine-tune it, keep data in-house, pay only for hardware. Kimi K3.1 Pro gives you a managed, always-updated API with no infrastructure to run. Teams with GPUs, privacy requirements, or huge volume often favour the open model; teams that want zero ops and the latest capabilities favour the closed one. Capability is close enough that this operational question, not the benchmark, usually decides it.
Want both Kimi K3.1 Pro and MiniMax M3.1 Flash without two subscriptions? LumiChats gives you these plus 40+ models under one ₹69/day pass (about $1/day) — draft with one, cross-check with the other.
See pricingFrequently asked questions
Is Kimi K3.1 Pro or MiniMax M3.1 Flash better for coding?
Public SWE-Bench figures are not available for either model, so the honest test is your own repository — run an identical real bug through both. By design, Kimi K3.1 Pro leans toward sparse moe with 2.8t total and about 104b active parameters, post-trained from the kimi k3 base while MiniMax M3.1 Flash leans toward $0.15/$0.60 per million tokens (cached $0.015) with flat pricing regardless of prompt length, and that positioning usually predicts which feels better on your codebase.
Which is cheaper, Kimi K3.1 Pro or MiniMax M3.1 Flash?
MiniMax M3.1 Flash is open-weight, so self-hosting means no per-token fee (you pay for hardware instead), while Kimi K3.1 Pro is API-metered at $2/$10 per 1M tokens. For most teams without GPUs, the API model is cheaper to start; at very high volume, self-hosting can win.
Which has the bigger context window?
Effectively neither — 1M tokens vs 1M tokens is a difference of a few percent. Remember advertised ≠ usable: recall typically degrades before the ceiling.
Can I use both Kimi K3.1 Pro and MiniMax M3.1 Flash together?
Yes — a multi-model platform like LumiChats gives you Kimi K3.1 Pro, MiniMax M3.1 Flash and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.
Which is newer, Kimi K3.1 Pro or MiniMax M3.1 Flash?
Kimi K3.1 Pro — released October 23, 2026, about 4 days after MiniMax M3.1 Flash.
Related comparisons
Specifications and benchmarks reflect publicly reported figures as of June 2026 and may change as providers release updates. Always verify on your own workload.