DeepSeek vs Kimi vs MiniMax: Which Chinese LLM API to Use?

DeepSeek V4 vs Kimi K2.6 vs MiniMax M2.7 — price, context, multimodality, agent strength and licensing compared, so you pick the right open-weight Chinese LLM API.

DeepSeek vs Kimi vs MiniMax: Which Chinese LLM API to Use?

Three Cheap, Capable Open-Weight Models

DeepSeek, Kimi (Moonshot), and MiniMax are the three open-weight Chinese LLMs most Western developers evaluate for cost-efficient production. They overlap a lot on price, but differ on the things that actually decide a build: context, multimodality, and what each was trained to do. All three are on LinkModel under one key.

The Specs

DeepSeek V4 FlashKimi K2.6MiniMax M2.7
Input / Output (1M)$0.14 / $0.28$0.95 / $4.00$0.30 / $1.20
Cached input~$0.0028 (98%)$0.16 (~6x)—
Context1M256K205K
MultimodalTextText + imageText
LicenseMITModified-MITModified-MIT
Trained forEfficiency, cache-heavyMultimodal agent swarmsLong-horizon agents

Where Each Wins

  • DeepSeek V4 Flash — the cost king. Cheapest by far, 1M context, and a 98% cache discount that makes cache-heavy workloads (RAG, chatbots, agents with stable prefixes) nearly free on input. Default for high-volume, stable-context, output-heavy work. (Step up to V4 Pro for competition-grade coding.)
  • Kimi K2.6 — the only one of the three that takes image input. Pick it for UI-from-screenshot, document-with-figures, and large multi-agent orchestration (up to 300 sub-agents). Beats GPT-5.4 on HLE-Full with tools.
  • MiniMax M2.7 — the cheapest capable agent model, explicitly trained for multi-agent collaboration, live debugging, and multi-step delivery. Best when the model must hold a coherent plan across dozens of tool calls over long runs.

Quick Decision

NeedPick
Cheapest / cache-heavy / high-volumeDeepSeek V4 Flash
Image input / UI generationKimi K2.6
Long-horizon agents on a budgetMiniMax M2.7
Competition-grade codingDeepSeek V4 Pro

Shared Caveats

  • Data residency: all three official APIs process data in China (a GDPR consideration). Self-host or use a zero-retention gateway. LinkModel defaults to zero data retention.
  • Licensing: DeepSeek is fully MIT; Kimi and MiniMax are Modified-MIT (commercial self-hosting needs authorization).
  • Thinking modes bill at the same rate but burn more tokens — off by default.

The Best Answer Is "Route"

These aren't mutually exclusive. A common stack: DeepSeek V4 Flash as the cheap default, MiniMax M2.7 for long agent plans, Kimi K2.6 when a task has images. Because all three are OpenAI-compatible and share one request shape on LinkModel, routing is a config change. More in open-source LLM API and best coding LLM API.

Start free with a $1 credit and test all three on your workload.

About the author

Claire Lowe

Claire Lowe

AI and API researcher at LinkMode

Claire Lowe is an AI and API researcher at LinkModel, specializing in generative AI models, API pricing, provider comparisons, and multimodal infrastructure. Her work is grounded in official documentation, primary-source pricing data, and hands-on research, with a focus on helping developers and businesses make informed decisions about AI models and API providers.

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