Head-to-head · multimodal vs multimodal

MiniMax-M2 Instruct vs Qwen3 Instruct: which model should you choose?

We compared MiniMax-M2 Instruct and Qwen3 Instruct on price, context window and 12 benchmarks. Qwen3 Instruct has the stronger average benchmark score; MiniMax-M2 Instruct is cheaper on a blended 3:1 basis.

MiniMax

MiniMax-M2 Instruct

MiniMax-M2 Instruct is a multimodal model from MiniMax. It offers a 128,000-token context window, costs $5.11 per million input tokens and $25.04 per million output tokens, and averages 79.4 across the index's benchmark suite.

Input
$5.11 / 1M
Output
$25.04 / 1M
Context
128,000
Avg score
79.4
Open weights
Yes
Full MiniMax-M2 Instruct page
Alibaba Cloud

Qwen3 Instruct

Qwen3 Instruct is a multimodal model from Alibaba Cloud. It offers a 1,000,000-token context window, costs $5.06 per million input tokens and $25.39 per million output tokens, and averages 79.8 across the index's benchmark suite.

Input
$5.06 / 1M
Output
$25.39 / 1M
Context
1,000,000
Avg score
79.8
Open weights
Yes
Full Qwen3 Instruct page

Specification comparison

SpecMiniMax-M2 InstructQwen3 InstructEdge
Input price / 1M$5.11$5.06B
Output price / 1M$25.04$25.39A
Context window128,0001,000,000B
Max output4,096128,000B
Average score79.479.8B
Arena Elo1442.21419.2A
Open weightsYesYesTie

Benchmark comparison

MiniMax-M2 Instruct wins 6, Qwen3 Instruct wins 5, and 1 benchmarks are tied. The table shows the modelled score for each model and the gap.

BenchmarkMiniMax-M2 InstructQwen3 InstructGapWinner
MMLU-Pro82.180.31.8MiniMax-M2 Instruct
GPQA Diamond73.774.10.4Qwen3 Instruct
SWE-bench Verified69.968.51.4MiniMax-M2 Instruct
HumanEval86.785.11.6MiniMax-M2 Instruct
MATH-50082.186.14.0Qwen3 Instruct
AIME 202577.878.50.7Qwen3 Instruct
LiveCodeBench71.171.10.0Tie
IFEval87.389.11.8Qwen3 Instruct
TruthfulQA80.079.70.3MiniMax-M2 Instruct
HellaSwag88.587.01.5MiniMax-M2 Instruct
MMMU74.178.74.6Qwen3 Instruct
Arena Elo1442.21419.223.0MiniMax-M2 Instruct

Price analysis

On a blended 3:1 input-to-output basis, MiniMax-M2 Instruct costs about $10.09 per million tokens and Qwen3 Instruct costs about $10.14. MiniMax-M2 Instruct is roughly 0% cheaper than Qwen3 Instruct. At high volume, that gap compounds quickly, so price should carry real weight unless the quality difference is decisive.

Qwen3 Instruct has the larger context window at 1,000,000 tokens, compared with 128,000 for MiniMax-M2 Instruct. That matters for long documents, large codebases and multi-step agent traces.

Verdict

Across 12 shared benchmarks, MiniMax-M2 Instruct wins 6, Qwen3 Instruct wins 5, and 1 are tied. On the index average, Qwen3 Instruct leads MiniMax-M2 Instruct by 0.4 points (79.8 versus 79.4).

The price picture favours MiniMax-M2 Instruct. The context picture favours Qwen3 Instruct. Those two dimensions often matter more than a few benchmark points once a model is good enough for the task.

If you need a single default, start with Qwen3 Instruct for quality-sensitive work and MiniMax-M2 Instruct for high-volume, well-scoped tasks. Run both on a sample of your own traffic before locking in a choice.

Choose MiniMax-M2 Instruct if

  • Unit cost matters and you want the cheaper blended price.

Choose Qwen3 Instruct if

  • You want the higher average benchmark score in this index.
  • You need the larger 1,000,000-token context window.
  • You need the larger 128,000-token output limit.

FAQ

Is MiniMax-M2 Instruct better than Qwen3 Instruct?

On the index average, Qwen3 Instruct leads MiniMax-M2 Instruct by 0.4 points (79.8 versus 79.4). The better choice depends on price, context and your task. MiniMax-M2 Instruct wins 6 benchmarks, Qwen3 Instruct wins 5.

Which is cheaper, MiniMax-M2 Instruct or Qwen3 Instruct?

MiniMax-M2 Instruct is cheaper on a blended 3:1 basis at about $10.09 per million tokens, versus $10.14 for Qwen3 Instruct.

Which has the larger context window?

Qwen3 Instruct has the larger context window at 1,000,000 tokens. MiniMax-M2 Instruct has 128,000 tokens.

Are these models open weights?

MiniMax-M2 Instruct is open weights; Qwen3 Instruct is open weights.

Which should I choose for production?

If you need a single default, start with Qwen3 Instruct for quality-sensitive work and MiniMax-M2 Instruct for high-volume, well-scoped tasks. Run both on a sample of your own traffic before locking in a choice.

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