Multimodal large language models (MLLMs) have recently shown strong potential as point-wise rerankers by directly modeling query--document relevance through next-token prediction. However, point-wise reranking suffers from substantial repeated computation across query--document pairs, while the causal structure of transformers allows only prefix segments to be reused via pre-caching. To address the misalignment of existing query-first and document-first formats with both VQA-style prompting and computation-aware reuse, we propose a $\textit{vision-first}$ formulation that improves both cache reuse efficiency and reranking performance. However, the remaining cost is still considerable and stems from three main sources: (1) $\textit{model depth}$, for which we reduce active parameters via early exit; (2) $\textit{cross-segment attention}$, which we restrict to a narrow interaction band across a few layers; and (3) $\textit{visual tokens}$, where we reduce the number of tokens via embedder-guided pruning. Together, these designs form miniReranker, which reduces reranking runtime to <1% of the dense implementation under high-reuse settings for a single query, while preserving >96% of the dense model performance.

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