Compare / DeepSeek V4 Flash 0423 vs MiniMax M2.5

DeepSeek V4 Flash 0423 vs MiniMax M2.5

Which is cheaper, which is more capable, and which does better at each kind of work, from 14 results on 3 sources that measured both models.

DeepSeek V4 Flash 0423
DeepSeek · profile
MiniMax M2.5
MiniMax · profile
Results compared
14
Shared sources
3

DeepSeek V4 Flash 0423 or MiniMax M2.5? The short answer

  • DeepSeek V4 Flash 0423 is cheaper: $0.18 against $0.52 per million tokens, 3.0 times less.
  • DeepSeek V4 Flash 0423 scores higher on the Artificial Analysis Intelligence Index: 34.3 against 22.8.
  • On our business benchmarks, DeepSeek V4 Flash 0423 ranks higher for agents and tool use, reasoning and knowledge, writing and sticking to the facts.

At a glance

DeepSeek V4 Flash 0423MiniMax M2.5
Price per million tokens$0.14 in · $0.28 out$0.30 in · $1.20 out
Blended (3 in : 1 out)$0.18$0.52
Cheapest host, blended$0.053 (StreamLake, FP8)$0.44 (Venice)
Intelligence Index34.322.8
Spring Prompt overall––
Output speed, tokens a second––
Context window1,048,576 tokens204,800 tokens
WeightsOpenOpen
Developer based inChinaChina

Prices are the developer's list price where we have read it, otherwise the typical host on OpenRouter; see every model's price. Intelligence and speed from Artificial Analysis.

Which is better for what

Each model's rank among models available today, for each kind of work, from our own benchmarks and licensed sources. The better rank is in green.

Use caseDeepSeek V4 Flash 0423MiniMax M2.5
Agents and tool useMulti-step tasks with tools: support desks, coding agents, function calls 34 of 161 132 of 161
Reasoning and knowledgeHard questions across science, maths and general knowledge 40 of 195 80 of 195
WritingWhat people prefer in blind comparisons, and judged writing quality 62 of 187 112 of 187
Sticking to the factsSummarising without inventing things, and factual answers 81 of 153 103 of 153

Every shared result

BenchmarkMetricDeepSeek V4 Flash 0423MiniMax M2.5
Arena (formerly LMArena)reportedOverallArena rating 1,4391,386
Arena (formerly LMArena)reportedBusiness, management and financeArena rating 1,4391,400
Arena (formerly LMArena)reportedCreative writingArena rating 1,4081,357
Arena (formerly LMArena)reportedExpert promptsArena rating 1,4571,425
Arena (formerly LMArena)reportedInstruction followingArena rating 1,4281,381
Arena (formerly LMArena)reportedOverallArena rating 1,4361,391
Arena (formerly LMArena)reportedWriting, literature and languageArena rating 1,4161,369
Artificial AnalysisreportedArtificial Analysis Intelligence Indexindex score 34.322.8
Artificial AnalysisreportedGPQA Diamond% of questions 90.8%84.8%
Artificial AnalysisreportedHumanity's Last Exam% of questions 38.6%20.5%
Artificial AnalysisreportedLong-context reasoning (AA-LCR)% of questions 79.7%73.3%
UGI LeaderboardreportedRequested-length error% off the requested word count 12.0%41.0%
UGI LeaderboardreportedStyle adherencescore from 0 to 1 0.360.38
UGI LeaderboardreportedWriting scorescore out of 100 54.641.7

Bold green marks the better value on that metric. Where a source reports ranges that overlap, the difference may not be meaningful; see the benchmark page for ranges.

Quick answers

Is DeepSeek V4 Flash 0423 better than MiniMax M2.5?

It depends on the task. Among models available today, on our benchmarks and licensed sources, DeepSeek V4 Flash 0423 ranks higher for agents and tool use, reasoning and knowledge, writing and sticking to the facts.

Which is cheaper, DeepSeek V4 Flash 0423 or MiniMax M2.5?

DeepSeek V4 Flash 0423 costs $0.18 per million tokens (three input to one output), against $0.52 for MiniMax M2.5.

Run DeepSeek V4 Flash 0423 and MiniMax M2.5 on your own prompt

Benchmarks aren't your data. Try both side by side in the playground, with the cost of every answer.