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MiniMax M1 vs Step 5 Preview

Step 5 Preview leads MiniMax M1 on the Artificial Analysis Intelligence Index, 43.7 to 11.7, and MiniMax M1 costs 1.2x less per output token ($2.20 vs $2.70 per million). Updated October 21, 2026; 26 benchmarks have a result for both.

MiniMax M1MiniMax
Coding
No data
Overall
No data
Output $/M
$2.20
0
Step 5 PreviewStepFun
Coding
61.1
Overall
60.5
Output $/M
$2.70
26
vs boards won of 26 shared

MiniMax M1 or Step 5 Preview: which to pick

Only Step 5 Preview has a coding score, 61.1 on the Vibe Coding Index; MiniMax M1 has none, so the two cannot be ranked on coding.

Pick MiniMax M1 for output tokens 1.2x cheaper ($2.20 vs $2.70 per million).

Shared results
26
MiniMax M1 only
3
Step 5 Preview only
35
Like-for-like categories
6 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
MiniMax M1 not benchmarked, Step 5 Preview 61.1 from 4 benchmarks.
Widest category
Intelligence, 32.0 points apart on average over 1 shared benchmark.
Widest single gap
AA Intelligence Index: MiniMax M1 11.7 against Step 5 Preview 43.7, 32.0 points apart on a 0 to 100 scale.
Output price
MiniMax M1 $2.20 against Step 5 Preview $2.70 per million output tokens, 1.2x apart.
Context window
MiniMax M1 takes 1M tokens, Step 5 Preview 1.05M.

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
CategoryMiniMax M1BarsStep 5 PreviewTies
Coding02
Intelligence01
Reasoning03
Math02
Knowledge04
General014
All shared boards026
CodingLike-for-likeSix of these boards feed the Vibe Coding Index02
Coding benchmarks for MiniMax M1 and Step 5 Preview
BenchmarkMiniMax M1Step 5 PreviewLeader
LiveBench codingNot measured85.6%Only Step 5 Preview measured
LMArena WebDevNot measured1567Only Step 5 Preview measured
Terminal-Bench 4 (Vals AI)Not measured31.8%Only Step 5 Preview measured
Vibe Code Bench (Vals AI)Not measured70.4%Only Step 5 Preview measured
Code migration (Vals AI)Not measured39.0%Only Step 5 Preview measured
IOI (Vals AI)Not measured38.1%Only Step 5 Preview measured
SWE-bench Multimodal (Vals AI)Not measured40.8%Only Step 5 Preview measured
SciCodeNot measured58.9%Only Step 5 Preview measured
LMArena Text: coding13591485Step 5 Preview
LMArena Text: software and IT13591473Step 5 Preview
LMArena WebDev: ReactNot measured1583Only Step 5 Preview measured
LMArena WebDev: HTMLNot measured1556Only Step 5 Preview measured
LMArena WebDev: from an imageNot measured1550Only Step 5 Preview measured
Neither model has a result on the other 26 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for MiniMax M1 and Step 5 Preview
BenchmarkMiniMax M1Step 5 PreviewLeader
AA Intelligence Index11.743.7Step 5 Preview
Neither model has a result on the other 1 board here
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index11 boards, none shared
Agentic work benchmarks for MiniMax M1 and Step 5 Preview
BenchmarkMiniMax M1Step 5 PreviewLeader
LiveBench researchNot measured72.8%Only Step 5 Preview measured
LiveBench browserNot measured24.0%Only Step 5 Preview measured
LiveBench long agenticNot measured27.5%Only Step 5 Preview measured
SREBench (Vals AI)Not measured0.4%Only Step 5 Preview measured
Finance Agent (Vals AI)Not measured50.7%Only Step 5 Preview measured
Tax Agent Bench (Vals AI)Not measured27.3%Only Step 5 Preview measured
Legal Research Bench (Vals AI)Not measured40.4%Only Step 5 Preview measured
Excel Modeling Benchmark (Vals AI)Not measured57.1%Only Step 5 Preview measured
BioMysteryBench (Vals AI)Not measured67.4%Only Step 5 Preview measured
Terminal-Bench-Science (Vals AI)Not measured2.9%Only Step 5 Preview measured
Vals Science IndexNot measured29.6%Only Step 5 Preview measured
Neither model has a result on the other 30 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index03
Reasoning benchmarks for MiniMax M1 and Step 5 Preview
BenchmarkMiniMax M1Step 5 PreviewLeader
LiveBench reasoningNot measured83.8%Only Step 5 Preview measured
MysteryMechanism (Vals AI)Not measured18.5%Only Step 5 Preview measured
Humanity's Last Exam (Artificial Analysis run)Not measured46.5%Only Step 5 Preview measured
LMArena Text: hard prompts13391461Step 5 Preview
LMArena Text: expert13171485Step 5 Preview
LMArena Text: hard prompts in English13531454Step 5 Preview
LMArena Vision: diagramsNot measured1308Only Step 5 Preview measured
LMArena Vision: homeworkNot measured1265Only Step 5 Preview measured
Neither model has a result on the other 14 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index02
Math benchmarks for MiniMax M1 and Step 5 Preview
BenchmarkMiniMax M1Step 5 PreviewLeader
ProofBenchNot measured42.0%Only Step 5 Preview measured
LMArena Text: math13611458Step 5 Preview
LMArena Text: mathematical work13631460Step 5 Preview
Neither model has a result on the other 10 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index04
Knowledge benchmarks for MiniMax M1 and Step 5 Preview
BenchmarkMiniMax M1Step 5 PreviewLeader
LMArena Text: science13541454Step 5 Preview
LMArena Text: medicine and healthcare13551439Step 5 Preview
LMArena Text: legal and government13371437Step 5 Preview
LMArena Text: business and finance13191435Step 5 Preview
Neither model has a result on the other 14 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index1 board, none shared
Web design benchmarks for MiniMax M1 and Step 5 Preview
BenchmarkMiniMax M1Step 5 PreviewLeader
LiveBench designNot measured76.9%Only Step 5 Preview measured
Neither model has a result on the other 8 boards here
GeneralLike-for-likePublic boards, shown as published, kept out of the index014
General benchmarks for MiniMax M1 and Step 5 Preview
BenchmarkMiniMax M1Step 5 PreviewLeader
LiveBench data analysisNot measured63.5%Only Step 5 Preview measured
Public Benefits Bench (Vals AI)Not measured58.1%Only Step 5 Preview measured
Long context reasoning (AA-LCR)Not measured88.3%Only Step 5 Preview measured
LMArena Text13431440Step 5 Preview
LMArena Text: instruction following13121438Step 5 Preview
LMArena Text: creative writing12971409Step 5 Preview
LMArena VisionNot measured1265Only Step 5 Preview measured
LMArena Text: English13631447Step 5 Preview
LMArena Text: non-English13191428Step 5 Preview
LMArena Text: Chinese13601500Step 5 Preview
LMArena Text: German1350Not measuredOnly MiniMax M1 measured
LMArena Text: Japanese12171383Step 5 Preview
LMArena Text: Korean1266Not measuredOnly MiniMax M1 measured
LMArena Text: French13701438Step 5 Preview
LMArena Text: Spanish13531441Step 5 Preview
LMArena Text: Russian13291433Step 5 Preview
LMArena Text: Polish1329Not measuredOnly MiniMax M1 measured
LMArena Text: multi-turn13351437Step 5 Preview
LMArena Text: longer queries13261449Step 5 Preview
LMArena Text: writing and language13111425Step 5 Preview
LMArena Text: entertainment and media13031412Step 5 Preview
LMArena Vision: EnglishNot measured1290Only Step 5 Preview measured
LMArena Vision: reading textNot measured1282Only Step 5 Preview measured
Neither model has a result on the other 23 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for MiniMax M1 and Step 5 Preview
BenchmarkMiniMax M1Step 5 PreviewLeader
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

MiniMax M1$0.0015Fits in one request
Step 5 Preview$0.0024Fits in one request

MiniMax M1 costs less

Repository review

50K input + 3K output tokens

MiniMax M1$0.027Fits in one request
Step 5 Preview$0.058Fits in one request

MiniMax M1 costs less

Agent loop

200K input + 10K output tokens

MiniMax M1$0.102Fits in one request
Step 5 Preview$0.227Fits in one request

MiniMax M1 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 MiniMax M1 and Step 5 Preview
SpecificationMiniMax M1StepFun Step 5 Preview
MakerMiniMaxStepFun
WeightsNo public weights listedOpen weights
ReleasedJune 17, 2025October 8, 2026
Context window1M1.05M
Input $/Mtok$0.40$1.00
Output $/Mtok$2.20$2.70
Coding indexNot benchmarked61.1
Independent measurements behind it04
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M1 better than Step 5 Preview for coding?

Only Step 5 Preview has a coding score, 61.1 on the Vibe Coding Index; MiniMax M1 has none, so the two cannot be ranked on coding. Pick MiniMax M1 for output tokens 1.2x cheaper ($2.20 vs $2.70 per million).

Which is cheaper, MiniMax M1 or Step 5 Preview?

MiniMax M1 costs $0.40 per million input tokens and $2.20 per million output tokens; Step 5 Preview costs $1.00 and $2.70. Cost per solved task is known for neither of them.

Which has the bigger context window, MiniMax M1 or Step 5 Preview?

Step 5 Preview, with 1.05M tokens against 1M.

How many benchmarks is the MiniMax M1 vs Step 5 Preview comparison based on?

26 benchmarks have a result for both models as of October 21, 2026. MiniMax M1's coding index rests on 0 independent benchmarks and Step 5 Preview's on 4. Where only one model has a result, the page says so instead of naming a winner.

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