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MiniMax M2.7 vs Nemotron 3.5 Lightning

MiniMax M2.7 leads Nemotron 3.5 Lightning on coding, 36.2 to 22.6 on the Vibe Coding Index, and Nemotron 3.5 Lightning costs 8.2x less per output token ($0.147 vs $1.20 per million). Updated October 22, 2026; 19 benchmarks have a result for both.

MiniMax M2.7MiniMax
Coding
36.2
Overall
44.5
Output $/M
$1.20
17
Nemotron 3.5 LightningNVIDIA
Coding
22.6
Overall
No data
Output $/M
$0.147
1
vs boards won of 19 shared, 1 tied

MiniMax M2.7 or Nemotron 3.5 Lightning: which to pick

Pick MiniMax M2.7 for coding: it scores 36.2 on the Vibe Coding Index against 22.6 for Nemotron 3.5 Lightning.

Pick Nemotron 3.5 Lightning for output tokens 8.2x cheaper ($0.147 vs $1.20 per million) and a lower cost per solved task ($0.06 against $0.64).

Shared results
19
MiniMax M2.7 only
55
Nemotron 3.5 Lightning only
1
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 M2.7 36.2 from 3 benchmarks, Nemotron 3.5 Lightning 22.6 from 2 benchmarks.
Widest category
General, 46.8 points apart on average over 2 shared benchmarks.
Widest single gap
MedScribe (Vals AI): MiniMax M2.7 79.9% against Nemotron 3.5 Lightning 4.3%, 75.6 points apart on a 0 to 100 scale.
Output price
MiniMax M2.7 $1.20 against Nemotron 3.5 Lightning $0.147 per million output tokens, 8.2x apart.
Context window
MiniMax M2.7 takes 205K tokens, Nemotron 3.5 Lightning 262K.

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 M2.7BarsNemotron 3.5 LightningTies
Coding611 tie
Intelligence10
Agentic work50
Reasoning20
Knowledge10
General20
All shared boards1711 tie
CodingLike-for-likeSix of these boards feed the Vibe Coding Index61
Coding benchmarks for MiniMax M2.7 and Nemotron 3.5 Lightning
BenchmarkMiniMax M2.7Nemotron 3.5 LightningLeader
LMArena WebDev1399Not measuredOnly MiniMax M2.7 measured
AA Coding Index52.626.8MiniMax M2.7
LiveCodeBench (Vals AI)79.9%Not measuredOnly MiniMax M2.7 measured
SWE-bench Verified (Vals AI)73.8%52.8%MiniMax M2.7
Vibe Code Bench (Vals AI)11.9%0.0%MiniMax M2.7
Code migration (Vals AI)8.7%3.0%MiniMax M2.7
ProgramBench (Vals AI)0.0%0.0%Tie
Terminal-Bench 2.1 (Vals AI)48.7%10.9%MiniMax M2.7
CyberBench (Vals AI)Not measured29.5%Only Nemotron 3.5 Lightning measured
SciCode50.1%32.1%MiniMax M2.7
Terminal-Bench Hard (Artificial Analysis run)39.4%Not measuredOnly MiniMax M2.7 measured
Terminal-Bench45.1%Not measuredOnly MiniMax M2.7 measured
WeirdML37.0%Not measuredOnly MiniMax M2.7 measured
ALE-Bench599.3769.2Nemotron 3.5 Lightning
LMArena Text: coding1454Not measuredOnly MiniMax M2.7 measured
LMArena Text: software and IT1446Not measuredOnly MiniMax M2.7 measured
LMArena WebDev: React1388Not measuredOnly MiniMax M2.7 measured
LMArena WebDev: HTML1401Not measuredOnly MiniMax M2.7 measured
Neither model has a result on the other 25 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index10
Intelligence benchmarks for MiniMax M2.7 and Nemotron 3.5 Lightning
BenchmarkMiniMax M2.7Nemotron 3.5 LightningLeader
AA Intelligence Index22.812.9MiniMax M2.7
Epoch Capabilities Index145.8Not measuredOnly MiniMax M2.7 measured
Agentic workLike-for-likePublic boards, shown as published, kept out of the index50
Agentic work benchmarks for MiniMax M2.7 and Nemotron 3.5 Lightning
BenchmarkMiniMax M2.7Nemotron 3.5 LightningLeader
AA Agentic Index15.33.5MiniMax M2.7
Finance Agent (Vals AI)27.9%18.5%MiniMax M2.7
Tax Agent Bench (Vals AI)6.9%2.6%MiniMax M2.7
Legal Research Bench (Vals AI)10.6%2.9%MiniMax M2.7
Excel Modeling Benchmark (Vals AI)28.4%17.0%MiniMax M2.7
τ²-Bench Telecom84.8%Not measuredOnly MiniMax M2.7 measured
Neither model has a result on the other 36 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index20
Reasoning benchmarks for MiniMax M2.7 and Nemotron 3.5 Lightning
BenchmarkMiniMax M2.7Nemotron 3.5 LightningLeader
GPQA Diamond86.6%Not measuredOnly MiniMax M2.7 measured
GPQA Diamond (Artificial Analysis run)87.4%74.3%MiniMax M2.7
Humanity's Last Exam (Artificial Analysis run)29.6%10.6%MiniMax M2.7
LMArena Text: hard prompts1422Not measuredOnly MiniMax M2.7 measured
LMArena Text: expert1443Not measuredOnly MiniMax M2.7 measured
LMArena Text: hard prompts in English1441Not measuredOnly MiniMax M2.7 measured
Neither model has a result on the other 17 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index4 boards, none shared
Math benchmarks for MiniMax M2.7 and Nemotron 3.5 Lightning
BenchmarkMiniMax M2.7Nemotron 3.5 LightningLeader
AIME91.0%Not measuredOnly MiniMax M2.7 measured
ProofBench3.0%Not measuredOnly MiniMax M2.7 measured
LMArena Text: math1421Not measuredOnly MiniMax M2.7 measured
LMArena Text: mathematical work1437Not measuredOnly MiniMax M2.7 measured
Neither model has a result on the other 10 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index10
Knowledge benchmarks for MiniMax M2.7 and Nemotron 3.5 Lightning
BenchmarkMiniMax M2.7Nemotron 3.5 LightningLeader
MMLU Pro80.4%Not measuredOnly MiniMax M2.7 measured
LegalBench (Vals AI)84.0%Not measuredOnly MiniMax M2.7 measured
CaseLaw (Vals AI)60.9%Not measuredOnly MiniMax M2.7 measured
CorpFin (Vals AI)61.2%54.2%MiniMax M2.7
TaxEval (Vals AI)66.6%Not measuredOnly MiniMax M2.7 measured
MedCode (Vals AI)34.4%Not measuredOnly MiniMax M2.7 measured
LMArena Text: science1416Not measuredOnly MiniMax M2.7 measured
LMArena Text: medicine and healthcare1409Not measuredOnly MiniMax M2.7 measured
LMArena Text: legal and government1403Not measuredOnly MiniMax M2.7 measured
LMArena Text: business and finance1407Not measuredOnly MiniMax M2.7 measured
Neither model has a result on the other 10 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
Web design benchmarks for MiniMax M2.7 and Nemotron 3.5 Lightning
BenchmarkMiniMax M2.7Nemotron 3.5 LightningLeader
Design Arena: websites1242Not measuredOnly MiniMax M2.7 measured
Design Arena: UI components1207Not measuredOnly MiniMax M2.7 measured
Design Arena: game dev1209Not measuredOnly MiniMax M2.7 measured
Design Arena: data viz1233Not measuredOnly MiniMax M2.7 measured
Design Arena: 3D1194Not measuredOnly MiniMax M2.7 measured
Design Arena: all code categories1233Not measuredOnly MiniMax M2.7 measured
Design Arena: SVG1137Not measuredOnly MiniMax M2.7 measured
Design Arena: ASCII art1136Not measuredOnly MiniMax M2.7 measured
Neither model has a result on the other 1 board here
GeneralLike-for-likePublic boards, shown as published, kept out of the index20
General benchmarks for MiniMax M2.7 and Nemotron 3.5 Lightning
BenchmarkMiniMax M2.7Nemotron 3.5 LightningLeader
MedScribe (Vals AI)79.9%4.3%MiniMax M2.7
IFBench75.7%Not measuredOnly MiniMax M2.7 measured
Long context reasoning (AA-LCR)78.3%60.3%MiniMax M2.7
ExploitBench13.3%Not measuredOnly MiniMax M2.7 measured
LMArena Text1405Not measuredOnly MiniMax M2.7 measured
LMArena Text: instruction following1405Not measuredOnly MiniMax M2.7 measured
LMArena Text: creative writing1354Not measuredOnly MiniMax M2.7 measured
LMArena Text: English1426Not measuredOnly MiniMax M2.7 measured
LMArena Text: non-English1382Not measuredOnly MiniMax M2.7 measured
LMArena Text: Chinese1442Not measuredOnly MiniMax M2.7 measured
LMArena Text: German1398Not measuredOnly MiniMax M2.7 measured
LMArena Text: Japanese1260Not measuredOnly MiniMax M2.7 measured
LMArena Text: Korean1314Not measuredOnly MiniMax M2.7 measured
LMArena Text: French1424Not measuredOnly MiniMax M2.7 measured
LMArena Text: Spanish1402Not measuredOnly MiniMax M2.7 measured
LMArena Text: Russian1383Not measuredOnly MiniMax M2.7 measured
LMArena Text: Polish1387Not measuredOnly MiniMax M2.7 measured
LMArena Text: multi-turn1412Not measuredOnly MiniMax M2.7 measured
LMArena Text: longer queries1418Not measuredOnly MiniMax M2.7 measured
LMArena Text: writing and language1376Not measuredOnly MiniMax M2.7 measured
LMArena Text: entertainment and media1360Not measuredOnly MiniMax M2.7 measured
Neither model has a result on the other 27 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for MiniMax M2.7 and Nemotron 3.5 Lightning
BenchmarkMiniMax M2.7Nemotron 3.5 LightningLeader
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 M2.7$0.0009Fits in one request
Nemotron 3.5 Lightning$0.0001Fits in one request

Nemotron 3.5 Lightning costs less

Repository review

50K input + 3K output tokens

MiniMax M2.7$0.019Fits in one request
Nemotron 3.5 Lightning$0.0031Fits in one request

Nemotron 3.5 Lightning costs less

Agent loop

200K input + 10K output tokens

MiniMax M2.7$0.072Exceeds the context window
Nemotron 3.5 Lightning$0.012Fits in one request

Nemotron 3.5 Lightning 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 M2.7 and Nemotron 3.5 Lightning
SpecificationMiniMax M2.7NVIDIA Nemotron 3.5 Lightning
MakerMiniMaxNVIDIA
WeightsOpen weightsOpen weights
ReleasedMarch 18, 2026August 11, 2026
Context window205K262K
Input $/Mtok$0.30$0.0534
Output $/Mtok$1.20$0.147
Coding index36.222.6
Independent measurements behind it32
Cost per solved task$0.64$0.06
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M2.7 better than Nemotron 3.5 Lightning for coding?

Pick MiniMax M2.7 for coding: it scores 36.2 on the Vibe Coding Index against 22.6 for Nemotron 3.5 Lightning. Pick Nemotron 3.5 Lightning for output tokens 8.2x cheaper ($0.147 vs $1.20 per million) and a lower cost per solved task ($0.06 against $0.64).

Which is cheaper, MiniMax M2.7 or Nemotron 3.5 Lightning?

MiniMax M2.7 costs $0.30 per million input tokens and $1.20 per million output tokens; Nemotron 3.5 Lightning costs $0.0534 and $0.147. Per solved SWE-bench Verified task, MiniMax M2.7 costs $0.64 and Nemotron 3.5 Lightning $0.06.

Which has the bigger context window, MiniMax M2.7 or Nemotron 3.5 Lightning?

Nemotron 3.5 Lightning, with 262K tokens against 205K.

How many benchmarks is the MiniMax M2.7 vs Nemotron 3.5 Lightning comparison based on?

19 benchmarks have a result for both models as of October 22, 2026. MiniMax M2.7's coding index rests on 3 independent benchmarks and Nemotron 3.5 Lightning's on 2. Where only one model has a result, the page says so instead of naming a winner.

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