Head-to-head · multimodal vs multimodal

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

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

MiniMax

MiniMax-M2

MiniMax-M2 is a multimodal model from MiniMax. It offers a 200,000-token context window, costs $5.19 per million input tokens and $22.73 per million output tokens, and averages 80.6 across the index's benchmark suite.

Input
$5.19 / 1M
Output
$22.73 / 1M
Context
200,000
Avg score
80.6
Open weights
Yes
Full MiniMax-M2 page
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

Specification comparison

SpecMiniMax-M2MiniMax-M2 InstructEdge
Input price / 1M$5.19$5.11B
Output price / 1M$22.73$25.04A
Context window200,000128,000A
Max output65,5364,096A
Average score80.679.4A
Arena Elo1423.81442.2B
Open weightsYesYesTie

Benchmark comparison

MiniMax-M2 wins 8, MiniMax-M2 Instruct wins 3, and 1 benchmarks are tied. The table shows the modelled score for each model and the gap.

BenchmarkMiniMax-M2MiniMax-M2 InstructGapWinner
MMLU-Pro81.882.10.3MiniMax-M2 Instruct
GPQA Diamond75.473.71.7MiniMax-M2
SWE-bench Verified69.969.90.0Tie
HumanEval88.086.71.3MiniMax-M2
MATH-50082.382.10.2MiniMax-M2
AIME 202578.177.80.3MiniMax-M2
LiveCodeBench73.471.12.3MiniMax-M2
IFEval86.187.31.2MiniMax-M2 Instruct
TruthfulQA83.580.03.5MiniMax-M2
HellaSwag90.488.51.9MiniMax-M2
MMMU78.074.13.9MiniMax-M2
Arena Elo1423.81442.218.4MiniMax-M2 Instruct

Price analysis

On a blended 3:1 input-to-output basis, MiniMax-M2 costs about $9.57 per million tokens and MiniMax-M2 Instruct costs about $10.09. MiniMax-M2 is roughly 5% cheaper than MiniMax-M2 Instruct. At high volume, that gap compounds quickly, so price should carry real weight unless the quality difference is decisive.

MiniMax-M2 has the larger context window at 200,000 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 wins 8, MiniMax-M2 Instruct wins 3, and 1 are tied. On the index average, MiniMax-M2 leads MiniMax-M2 Instruct by 1.2 points (80.6 versus 79.4).

The price picture favours MiniMax-M2. The context picture favours MiniMax-M2. 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 MiniMax-M2 for quality-sensitive work, and check whether its price holds at your expected volume before committing.

Choose MiniMax-M2 if

  • You want the higher average benchmark score in this index.
  • Unit cost matters and you want the cheaper blended price.
  • You need the larger 200,000-token context window.
  • You need the larger 65,536-token output limit.

Choose MiniMax-M2 Instruct if

  • You prefer MiniMax's tooling or already use it.

FAQ

Is MiniMax-M2 better than MiniMax-M2 Instruct?

On the index average, MiniMax-M2 leads MiniMax-M2 Instruct by 1.2 points (80.6 versus 79.4). The better choice depends on price, context and your task. MiniMax-M2 wins 8 benchmarks, MiniMax-M2 Instruct wins 3.

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

MiniMax-M2 is cheaper on a blended 3:1 basis at about $9.57 per million tokens, versus $10.09 for MiniMax-M2 Instruct.

Which has the larger context window?

MiniMax-M2 has the larger context window at 200,000 tokens. MiniMax-M2 Instruct has 128,000 tokens.

Are these models open weights?

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

Which should I choose for production?

If you need a single default, start with MiniMax-M2 for quality-sensitive work, and check whether its price holds at your expected volume before committing.

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