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DeepSeek V3.2 vs MiniMax M2: the real cost to run each

The honest, $0-markup cost to run DeepSeek V3.2 (deepseek-ai, 685.4B) and MiniMax M2 (MiniMaxAI, 228.7B), side by side — free on your own machine, on your own rented GPU at the vendor's price, or via your own API key.

DeepSeek V3.2 vs MiniMax M2 — cost comparison

DeepSeek V3.2MiniMax M2
Parameters685.4B228.7B
Context window163.8K✓ 196.6K
LicenseCommercial OKRestricted
VRAM to run~490 GB (Q4_K_M)✓ ~156 GB (Q4_K_M)
Rent a GPU$9.73/hr✓ $1.04/hr
Your API key✓ $0.29/1M$0.64/1M

Which should you pick?

VRAM, size, context and license are facts from the catalog and the shared cost engine; API prices are real where we have them (labeled "est." otherwise). We don't rank model quality or quote benchmarks here.

Full cost breakdown: DeepSeek V3.2 →
Full cost breakdown: MiniMax M2 →

Open the free Spanvero advisor → to compare them live for your exact workload and hardware.

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Spanvero · All comparisons · Prices as of 2026-07-06. $0 markup, your own accounts, we never resell compute. © 2026 Cynosure LLC.

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