Cost per coding-agent request

Is GLM 4.7 or MiniMax M3 cheaper for coding agents?

For coding agents, GLM 4.7 costs 1.9x as much as MiniMax M3 per request ($0.017 vs $0.0088 on our measured traffic), because GLM 4.7 lists at $0.60 input, $0.11 cached input and $2.20 output per million tokens against $0.30, $0.06 and $1.20 for MiniMax M3.

List prices: Z.AI pricing, OpenRouter listed price, checked 2026-10-13. Request costs: Standard Compute gateway data, 79,301 coding-agent requests from 75 users, Sep 13 to Oct 12, 2026. How we compute this

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Cost per coding-agent request, side by side

Cost at list priceMiniMax M3GLM 4.7
Prompt under 100K tokens50% of requests, 87% of input cached$0.0060$0.011
Prompt of 100K to 272K39% of requests, 88% of input cached$0.014$0.026
Prompt over 272K tokens11% of requests, 86% of input cachedn/an/a
Average request$0.0088$0.017
100 requests$0.88$1.68
Median session16 requests; a session ends after 10 idle minutes$0.10$0.19
A month of regular usemedian of 20 users active on 5+ days$9.33$17.73

Each logged request priced at the listed rates above for its own token counts, including cache reads and any higher rate for long prompts. Average output: 698 tokens per request. Both models are priced on the requests up to 205K tokens that fit in both context windows; band shares above describe all requests.

Benchmarks, speed and latency, side by side

Artificial AnalysisMiniMax M3GLM 4.7
Intelligence Index10 evaluations, 0 to 1002922 (estimate)
Terminal-Bench 4.0agentic coding in a terminal2.0%n/a
Output speedmedian119 tokens/s42 tokens/s
Time to first answer tokenincludes thinking time18 s49 s

Source: Artificial Analysis (artificialanalysis.ai). Measured variants: MiniMax-M3, speed on MiniMax; GLM-4.7 (Reasoning). Fetched October 13, 2026. Artificial Analysis runs Terminal-Bench 4.0 in its own setup, so its scores differ from the tbench.ai leaderboard.

What to watch for

GLM 4.7's 205K window cannot take 20% of coding-agent requests, so the comparison uses only requests both can take. The price is OpenRouter's listed rate on October 13, 2026, which can be a third-party host's; MiniMax's own API may charge differently. MiniMax M3 scores as well or better on the benchmarks above, so the cheaper request is not bought with much lower ability.

FAQ

Is MiniMax M3 cheaper than GLM 4.7 for coding agents?
Yes, at the listed prices. 100 average coding-agent requests cost $0.88 on MiniMax M3 and $1.68 on GLM 4.7. A median 16-request session costs $0.10 vs $0.19. Measured on 79,301 real coding-agent requests (Sep 13 to Oct 12, 2026), counting only the requests up to 205K tokens that both can take.
How much does a month of GLM 4.7 vs MiniMax M3 cost?
For the median regular user in our data (1,478 requests in 30 days), about $17.73 on GLM 4.7 and $9.33 on MiniMax M3 at list price. Heavier users pay proportionally more.
GLM 4.7 vs MiniMax M3: which is better for agents?
MiniMax M3 scores higher on output quality (6.3/10 vs 5.3/10), while MiniMax M3 is the cheaper option. GLM 4.7 is best for existing GLM 4.x setups that want a small step up from 4.6; MiniMax M3 is best for agents that need an open-weight model with a 1M context. Live community votes on this page show what people actually prefer.
Can I switch between GLM 4.7 and MiniMax M3 in the same agent?
Yes. Model-agnostic agents (Cline, Aider, OpenClaw, Hermes Agent, Kilo Code, OpenCode) let you swap models per task. Many people route hard tasks to the stronger model and routine work to the cheaper one.

Community vote

Pick a winner in each dimension. You can change your vote any time. 1 vote cast so far.

Output Quality

Correctness and depth of what it produces

0%1 vote100%

Agentic Ability

Tool calls, instruction-following, and multi-step tasks

Speed

Tokens per second and time-to-first-token

Value for Money

How much capability you get per dollar

Reliability

Consistent results: fewer refusals, loops and format breaks

What voters say

Anonymous rationales from people who voted on GLM 4.7 vs MiniMax M3.

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