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© 2026 CompareLLM. Public benchmark data aggregated from Arena Elo, LiveBench, SWE-bench & OpenRouter.

Every score has a dated snapshot.

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  3. MiniMax: MiniMax M2 vs Qwen 3 Max

Pairwise benchmark snapshot · Aug 17, 2026noindex (thin pair)

MiniMax: MiniMax M2 vs Qwen 3 Max benchmark

In this head-to-head showdown, MiniMax: MiniMax M2 is more budget-friendly at $1.02/1M per 1M output tokens. Review the complete breakdown below to determine which model best fits your performance and budget requirements.

Executive Comparison Verdict

Bottom Line: Both MiniMax: MiniMax M2 and Qwen 3 Max present distinct architectural strengths. Compare the verified benchmark matrix below to choose the model tailored to your specific application requirements.
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Executive Verdict Summary

MiniMax: MiniMax M2 holds empirical advantage (2 of 3 metrics)

Coding / SWESWE-bench
Qwen 3 MaxTop code solve rate
ReasoningGPQA / Live
Qwen 3 MaxTop logical accuracy
Best Value$/1M Tok
MiniMax: MiniMax M2Lowest API billing cost
Speed / TokTok/Sec
Qwen 3 MaxFastest stream rate

Verified Advantage Breakdown

3 benchmarks evaluated across capability, speed, and cost

MiniMax: MiniMax M2 (2)Qwen 3 Max (1)
MiniMax: MiniMax M2
2 of 3 Wins
✓Input price✓Output price
Qwen 3 Max
1 of 3 Wins
✓Context window
MiniMax
Leads 2 of 3
MiniMax: MiniMax M2

Auto-discovered from OpenRouter (minimax/minimax-m2). Preview until a second source matches.

In: $0.255 · Out: $1.02/1M
Alibaba
Leads 1 of 3
Qwen 3 Max

Alibaba flagship. Strong math and multilingual code.

Elo 1,518In: $0.78 · Out: $3.9/1M
Top Rival Showdowns for MiniMax: MiniMax M2
All Matchups
Compare vs:vs Claude Opus 4.5vs GPT-5vs Gemini 3 Provs Grok 4.6vs DeepSeek V4 Pro
Preference Leader

No shared data

Single model data

Throughput Leader

No shared data

No latency data

Value per Dollar LeaderMiniMax: MiniMax M2 Wins

MiniMax: MiniMax M2

$1.02 / 1M output

Capability Percentiles

Relative percentile scores computed across all active models in the benchmark catalog.

Multi-Dimensional Capability Radar

Leaders Matchup Capability Radar

Comparing top standard models across 6 key capability dimensions. Tap any spoke or dot to inspect.

Tap any node to inspect
0–100 %ile

Overall Matchup Breakdown

Category wins across reasoning intelligence, generation speed, and token cost.

MiniMax: MiniMax M2 (2)vsQwen 3 Max (8)
MiniMax: MiniMax M2: 2W (20%)Overall: Qwen 3 MaxQwen 3 Max: 8W (80%)
← MiniMax: MiniMax M2Qwen 3 Max →
🏆Qwen 3 Max Leads(5/5)

Intelligence & Reasoning

Preference Elo, Coding proficiency, SWE-bench & LiveBench accuracy

Benchmark
MiniMax: MiniMax M2vsQwen 3 Max
Preference Elo
—vs1,518
Coding Elo
—vs1,526
SWE-bench
—vs67.8%
LiveBench
—vs69.4%
GPQA Diamond
—vs83.1%
MiniMax: MiniMax M2: 0WQwen 3 Max: 5W
🏆Qwen 3 Max Leads(2/2)

Speed & Latency

Generation throughput and time to first token responsiveness

Benchmark
MiniMax: MiniMax M2vsQwen 3 Max
Output speed
—vs80 tok/s
Time to first token
—vs280 ms
MiniMax: MiniMax M2: 0WQwen 3 Max: 2W
🏆MiniMax: MiniMax M2 Leads(2/3)

Pricing & Capacity

Cost per million tokens and max context window length

Benchmark
MiniMax: MiniMax M2vsQwen 3 Max
Output price
$1.02/1Mvs$3.9/1M+$2.88/1M
Input price
$0.255/1Mvs$0.78/1M+$0.525/1M
Context window
205kvs262k+57k
MiniMax: MiniMax M2: 2WQwen 3 Max: 1W

Side-by-Side Benchmark Matrix

MiniMax: MiniMax M2Qwen 3 Max
Preference Elo
MiniMax: MiniMax M2—
Qwen 3 Max1,518
Coding Elo
MiniMax: MiniMax M2—
Qwen 3 Max1,526
LiveBench
MiniMax: MiniMax M2—
Qwen 3 Max69.4%
SWE-bench
MiniMax: MiniMax M2—
Qwen 3 Max67.8%
GPQA Diamond
MiniMax: MiniMax M2—
Qwen 3 Max83.1%
Time to first token
MiniMax: MiniMax M2—
Qwen 3 Max280 ms
Output speed
MiniMax: MiniMax M2—
Qwen 3 Max80 tok/s
Input priceMiniMax: MiniMax M2 +$0.525/1M
MiniMax: MiniMax M2$0.255/1M
Qwen 3 Max$0.78/1M
Output priceMiniMax: MiniMax M2 +$2.88/1M
MiniMax: MiniMax M2$1.02/1M
Qwen 3 Max$3.9/1M
Context windowQwen 3 Max +57k
MiniMax: MiniMax M2205k
Qwen 3 Max262k
BenchmarkMiniMax: MiniMax M2Qwen 3 MaxAdvantage Delta
Preference Elo—
1,518
lmarena · Aug 17, 2026
—
Coding Elo—
1,526
lmarena · Aug 17, 2026
—
LiveBench—
69.4%
livebench · Aug 17, 2026
—
SWE-bench—
67.8%
swebench · Aug 17, 2026
—
GPQA Diamond—
83.1%
seed-bootstrap · Aug 1, 2026
—
Time to first token—
280 ms
seed-bootstrap · Aug 1, 2026
—
Output speed—
80 tok/s
seed-bootstrap · Aug 1, 2026
—
Input price
$0.255/1M
openrouter · Aug 17, 2026
$0.78/1M
openrouter · Aug 17, 2026
+$0.525/1M
Output price
$1.02/1M
openrouter · Aug 17, 2026
$3.9/1M
openrouter · Aug 17, 2026
+$2.88/1M
Context window
205k
openrouter · Aug 17, 2026
262k
openrouter · Aug 17, 2026
+57k

Workload Cost & Savings Calculator

Simulate monthly production API costs in USD (US Dollar).

Save 72% with MiniMax: MiniMax M2
Monthly Volume50M tokens/mo
Quick Presets:
Token Ratio (In vs Out)70% In / 30% Out
RAG / Search (10% out)Coding / Chat (50% out)
MiniMax: MiniMax M2$24.23 / mo
In: $8.93Out: $15.3
Qwen 3 Max$85.80 / mo
In: $27.3Out: $58.5
Estimated Cost Delta

MiniMax: MiniMax M2 is estimated to save $61.57/month ($739/year).

Based on 50M tokens (30% gen)

Key Selection Recommendations

  • 1
    MiniMax: MiniMax M2:Pick MiniMax: MiniMax M2 when you are optimizing output cost.

Recommended Workload Routing

Repo / coding agentsinsufficient data

Need SWE-bench on both sides.

High-volume chatMiniMax: MiniMax M2

Lower output list price ($1.02/1M).

Voice / low-latency UIinsufficient data

Need TTFT on both sides.

Long-document RAGQwen 3 Max

Larger window (262k).

Screenshots / visionQwen 3 Max

Qwen 3 Max is the side marked multimodal in the catalog.

Target WorkloadRecommended PickEvaluation Rationale
Repo / coding agentsinsufficient dataNeed SWE-bench on both sides.
High-volume chatMiniMax: MiniMax M2Lower output list price ($1.02/1M).
Voice / low-latency UIinsufficient dataNeed TTFT on both sides.
Long-document RAGQwen 3 MaxLarger window (262k).
Screenshots / visionQwen 3 MaxQwen 3 Max is the side marked multimodal in the catalog.

Related Editorial Dispatches & Benchmark Notes

View all news
launchApr 18, 2026

Qwen 3 Max: Alibaba’s flagship for math and multilingual code

Closed flagship. Strong math. Compare to Sol and Opus on GPQA and SWE-bench, not on brand heat.

launchSep 20, 2025

Qwen3 235B: the open MoE Qwen, not the Max SKU

Sep 2025 open-weight mixture-of-experts. Self-host path. Don’t confuse it with Qwen 3 Max.

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CompareLLM AI Matrix

Verified Head-to-Head Telemetry

LIVE BENCHMARK
VS
MiniMax

MiniMax: MiniMax M2

Elo n/a
SWE-bench—
Speed (tok/s)205k
Input / 1M Tokens$0.255/1M
Output / 1M Tokens$1.02/1M
Alibaba

Qwen 3 Max

Elo 1,518
SWE-bench67.8%
Speed (tok/s)80 tok/s
Input / 1M Tokens$0.78/1M
Output / 1M Tokens$3.9/1M

Frequently Asked Questions

Which is better overall, MiniMax: MiniMax M2 or Qwen 3 Max?
We do not have preference Elo for both models, so we do not declare an overall winner. Compare the metrics that exist.
Which is better at coding, MiniMax: MiniMax M2 or Qwen 3 Max?
SWE-bench is missing for at least one model, so we do not rank coding from a single number.
Which is cheaper to run in production?
MiniMax: MiniMax M2 output tokens are $1.02/1M versus $3.9/1M. Input prices and retry rates still move the real bill.
Which is faster, MiniMax: MiniMax M2 or Qwen 3 Max?
We do not have TTFT for both models.
Which has the larger context window?
Qwen 3 Max accepts 262k tokens versus 205k.
Can I self-host either model?
Neither model is marked open-weights here. You are comparing hosted APIs.
Are these scores from CompareLLM’s own evals?
No. V1 aggregates public leaderboards (and optional first-party latency pings). Each cell names its source and date. Read /methodology.
What does preference Elo mean on this page?
Preference Elo is a crowd vote from LMArena / Arena. People see two hidden answers and pick the one they like more. The model that wins more often gets a higher Elo. That means people preferred it — not that it passed a school test. It is not SWE-bench, not accuracy, and not a number we invent. MiniMax: MiniMax M2 and Qwen 3 Max Elo cells are dated snapshots from the named source — we do not compute Arena ourselves.

Related news

  • launch · Apr 18, 2026

    Qwen 3 Max: Alibaba’s flagship for math and multilingual code

  • launch · Sep 20, 2025

    Qwen3 235B: the open MoE Qwen, not the Max SKU

Similar Head-to-Head Comparisons

All MiniMax: MiniMax M2 matchups →|All Qwen 3 Max matchups →
Qwen QwQ 32B vs Qwen 3 MaxMiniMax M2.5 vs Qwen 3 MaxQwen 2.5 Plus vs Qwen 3 MaxQwen2.5 Coder 32B Instruct vs Qwen 3 MaxClaude Opus 4.5 vs Qwen 3 MaxClaude Opus 4.6 vs Qwen 3 Max