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GLM 4.5 Air vs MiniMax M2

MiniMax M2 leads GLM 4.5 Air on the Artificial Analysis Intelligence Index, 18.6 to 11.1, at about the same output price ($1.02 vs $1.10 per million). Updated October 22, 2026; 45 benchmarks have a result for both.

GLM 4.5 AirZ.ai
Coding
No data
Overall
No data
Output $/M
$1.10
32
MiniMax M2MiniMax
Coding
No data
Overall
No data
Output $/M
$1.02
13
vs boards won of 45 shared

GLM 4.5 Air or MiniMax M2: which to pick

Neither model has a coding score yet, so the two cannot be ranked on coding.

Pick GLM 4.5 Air for work measured by LiveCodeBench (Artificial Analysis run) or Terminal-Bench Hard (Artificial Analysis run), where it leads.

Shared results
45
GLM 4.5 Air only
4
MiniMax M2 only
5
Like-for-like categories
8 of 9

Only benchmarks that tested both models count toward a pick; a result only one model has is shown but not compared.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
GLM 4.5 Air not benchmarked, MiniMax M2 not benchmarked.
Widest category
Agentic work, 40.4 points apart on average over 1 shared benchmark.
Widest single gap
τ²-Bench Telecom: GLM 4.5 Air 46.5% against MiniMax M2 86.8%, 40.4 points apart on a 0 to 100 scale.
Output price
GLM 4.5 Air $1.10 against MiniMax M2 $1.02 per million output tokens, 1.1x apart.
Context window
GLM 4.5 Air takes 131K tokens, MiniMax M2 205K.

Benchmark by benchmark

First the score: boards each model leads, per category, where both have a result. Then every board, a category to a fold; bars are each result on a 0 to 100 scale, so compare the two in a row, not one row with another.

Boards won, where both have a result
CategoryGLM 4.5 AirBarsMiniMax M2Ties
Coding22
Intelligence01
Agentic work01
Reasoning33
Math40
Knowledge41
Web design43
General152
All shared boards3213
CodingLike-for-likeSix of these boards feed the Vibe Coding Index22
Coding benchmarks for GLM 4.5 Air and MiniMax M2
BenchmarkGLM 4.5 AirMiniMax M2Leader
SWE-bench VerifiedNot measured61.0%Only MiniMax M2 measured
LMArena WebDevNot measured1297Only MiniMax M2 measured
LiveCodeBench (Artificial Analysis run)68.4%82.6%MiniMax M2
Terminal-Bench Hard (Artificial Analysis run)20.5%25.8%MiniMax M2
Terminal-BenchNot measured30.0%Only MiniMax M2 measured
GSO-Bench2.9%Not measuredOnly GLM 4.5 Air measured
LMArena Text: coding13971371GLM 4.5 Air
LMArena Text: software and IT14011373GLM 4.5 Air
LMArena WebDev: HTMLNot measured1306Only MiniMax M2 measured
Neither model has a result on the other 34 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for GLM 4.5 Air and MiniMax M2
BenchmarkGLM 4.5 AirMiniMax M2Leader
AA Intelligence Index11.118.6MiniMax M2
Neither model has a result on the other 1 board here
Agentic workLike-for-likePublic boards, shown as published, kept out of the index01
Agentic work benchmarks for GLM 4.5 Air and MiniMax M2
BenchmarkGLM 4.5 AirMiniMax M2Leader
τ²-Bench Telecom46.5%86.8%MiniMax M2
Vending-Bench 2Not measured$161Only MiniMax M2 measured
Neither model has a result on the other 40 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index33
Reasoning benchmarks for GLM 4.5 Air and MiniMax M2
BenchmarkGLM 4.5 AirMiniMax M2Leader
GPQA Diamond (Artificial Analysis run)73.3%77.7%MiniMax M2
Humanity's Last Exam (Artificial Analysis run)7.0%13.7%MiniMax M2
LMArena Text: hard prompts13791357GLM 4.5 Air
LMArena Text: expert13701338GLM 4.5 Air
LMArena Text: hard prompts in English13881376GLM 4.5 Air
Kagi LLM Benchmark43.0%57.8%MiniMax M2
Neither model has a result on the other 17 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index40
Math benchmarks for GLM 4.5 Air and MiniMax M2
BenchmarkGLM 4.5 AirMiniMax M2Leader
AA Math Index80.778.3GLM 4.5 Air
AIME 2025 (Artificial Analysis run)80.7%78.3%GLM 4.5 Air
LMArena Text: math13961351GLM 4.5 Air
LMArena Text: mathematical work13961368GLM 4.5 Air
MathArena12.0%Not measuredOnly GLM 4.5 Air measured
Neither model has a result on the other 9 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index41
Knowledge benchmarks for GLM 4.5 Air and MiniMax M2
BenchmarkGLM 4.5 AirMiniMax M2Leader
MMLU Pro (Artificial Analysis run)81.5%82.0%MiniMax M2
LMArena Text: science14071348GLM 4.5 Air
LMArena Text: medicine and healthcare14021367GLM 4.5 Air
LMArena Text: legal and government13821349GLM 4.5 Air
LMArena Text: business and finance13711336GLM 4.5 Air
Neither model has a result on the other 15 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index43
Web design benchmarks for GLM 4.5 Air and MiniMax M2
BenchmarkGLM 4.5 AirMiniMax M2Leader
Design Arena: websites11461143GLM 4.5 Air
Design Arena: UI components11211134MiniMax M2
Design Arena: game dev10931118MiniMax M2
Design Arena: data viz11861140GLM 4.5 Air
Design Arena: 3D11221098GLM 4.5 Air
Design Arena: all code categories11371135GLM 4.5 Air
Design Arena: SVG10701100MiniMax M2
Neither model has a result on the other 2 boards here
GeneralLike-for-likePublic boards, shown as published, kept out of the index152
General benchmarks for GLM 4.5 Air and MiniMax M2
BenchmarkGLM 4.5 AirMiniMax M2Leader
IFBench37.6%72.3%MiniMax M2
Long context reasoning (AA-LCR)46.7%64.3%MiniMax M2
LMArena Text13841340GLM 4.5 Air
LMArena Text: instruction following13541329GLM 4.5 Air
LMArena Text: creative writing13431286GLM 4.5 Air
LMArena Text: English13971364GLM 4.5 Air
LMArena Text: non-English13661313GLM 4.5 Air
LMArena Text: Chinese14261366GLM 4.5 Air
LMArena Text: German13771357GLM 4.5 Air
LMArena Text: Japanese1348Not measuredOnly GLM 4.5 Air measured
LMArena Text: Korean1308Not measuredOnly GLM 4.5 Air measured
LMArena Text: French14001336GLM 4.5 Air
LMArena Text: Spanish13851326GLM 4.5 Air
LMArena Text: Russian13731330GLM 4.5 Air
LMArena Text: Polish13681312GLM 4.5 Air
LMArena Text: multi-turn13711361GLM 4.5 Air
LMArena Text: longer queries13661331GLM 4.5 Air
LMArena Text: writing and language13541295GLM 4.5 Air
LMArena Text: entertainment and media13391298GLM 4.5 Air
Neither model has a result on the other 29 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for GLM 4.5 Air and MiniMax M2
BenchmarkGLM 4.5 AirMiniMax M2Leader
Neither model has a result on 5 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

GLM 4.5 Air$0.0008Fits in one request
MiniMax M2$0.0008Fits in one request

GLM 4.5 Air costs less

Repository review

50K input + 3K output tokens

GLM 4.5 Air$0.013Fits in one request
MiniMax M2$0.016Fits in one request

GLM 4.5 Air costs less

Agent loop

200K input + 10K output tokens

GLM 4.5 Air$0.051Exceeds the context window
MiniMax M2$0.061Exceeds the context window

GLM 4.5 Air costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of GLM 4.5 Air and MiniMax M2
SpecificationZ.ai GLM 4.5 AirMiniMax M2
MakerZ.aiMiniMax
WeightsOpen weightsOpen weights
ReleasedJuly 25, 2025October 23, 2025
Context window131K205K
Input $/Mtok$0.20$0.255
Output $/Mtok$1.10$1.02
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it01
Cost per solved taskNot computable$0.702
SourceOpenRouter listingOpenRouter listing

Questions

Is GLM 4.5 Air better than MiniMax M2 for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick GLM 4.5 Air for work measured by LiveCodeBench (Artificial Analysis run) or Terminal-Bench Hard (Artificial Analysis run), where it leads.

Which is cheaper, GLM 4.5 Air or MiniMax M2?

GLM 4.5 Air costs $0.20 per million input tokens and $1.10 per million output tokens; MiniMax M2 costs $0.255 and $1.02. Cost per solved task is known for MiniMax M2 only.

Which has the bigger context window, GLM 4.5 Air or MiniMax M2?

MiniMax M2, with 205K tokens against 131K.

How many benchmarks is the GLM 4.5 Air vs MiniMax M2 comparison based on?

45 benchmarks have a result for both models as of October 22, 2026. GLM 4.5 Air's coding index rests on 0 independent benchmarks and MiniMax M2's on 1. Where only one model has a result, the page says so instead of naming a winner.

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