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MiniMax M2.7 vs Qwen3 32B

Updated October 21, 2026. 32 benchmarks have a result for both. Coding is ranked on the Vibe Coding Index; every other board is shown as published.

MiniMax M2.7MiniMax
Coding
28.4
Overall
22.8
Output $/M
$1.20
32
Qwen3 32BQwen
Coding
40.0
Overall
7.3
Output $/M
$0.28
0
vs boards won of 32 shared

Decision reading

Pick Qwen3 32B for coding: it scores 40.0 on the Vibe Coding Index against 28.4 for MiniMax M2.7.

Pick MiniMax M2.7 when the context window is larger, 205K against 131K tokens, or when what matters is SciCode or Terminal-Bench Hard (Artificial Analysis run), where it leads.

Shared results
32
MiniMax M2.7 only
42
Qwen3 32B only
10
Like-for-like categories
7 of 9

Shared results can support a head-to-head reading. Results only one model has describe coverage, not superiority.

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 28.4 from 1 benchmark, Qwen3 32B 40.0 from 1 benchmark.
Widest category
Agentic work, 55.0 points apart on average over 1 shared benchmark.
Widest single gap
Long context reasoning (AA-LCR): MiniMax M2.7 78.3% against Qwen3 32B 0.0%, 78.3 points apart on a 0 to 100 scale.
Output price
MiniMax M2.7 $1.20 against Qwen3 32B $0.28 per million output tokens, 4.3x apart.
Context window
MiniMax M2.7 takes 205K tokens, Qwen3 32B 131K.

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 M2.7BarsQwen3 32BTies
Coding40
Intelligence20
Agentic work10
Reasoning50
Math20
Knowledge40
General140
All shared boards320
CodingLike-for-likeFour of these boards feed the Vibe Coding Index40
Coding benchmarks for MiniMax M2.7 and Qwen3 32B
BenchmarkMiniMax M2.7Qwen3 32BLeader
Aider polyglotNot measured40.0%Only Qwen3 32B measured
LMArena WebDev1399Not measuredOnly MiniMax M2.7 measured
AA Coding Index52.6Not measuredOnly MiniMax M2.7 measured
LiveCodeBench (Vals AI)79.9%Not measuredOnly MiniMax M2.7 measured
SWE-bench Verified (Vals AI)73.8%Not measuredOnly MiniMax M2.7 measured
Vibe Code Bench (Vals AI)11.9%Not measuredOnly MiniMax M2.7 measured
Code migration (Vals AI)8.7%Not measuredOnly MiniMax M2.7 measured
ProgramBench (Vals AI)0.0%Not measuredOnly MiniMax M2.7 measured
Terminal-Bench 2.1 (Vals AI)48.7%Not measuredOnly MiniMax M2.7 measured
LiveCodeBench (Artificial Analysis run)Not measured54.6%Only Qwen3 32B measured
SciCode50.1%36.0%MiniMax M2.7
Terminal-Bench Hard (Artificial Analysis run)39.4%3.0%MiniMax M2.7
Terminal-Bench45.1%Not measuredOnly MiniMax M2.7 measured
WeirdML37.0%Not measuredOnly MiniMax M2.7 measured
ALE-Bench599.3Not measuredOnly MiniMax M2.7 measured
LMArena Text: coding14541357MiniMax M2.7
LMArena Text: software and IT14461366MiniMax M2.7
LMArena WebDev: React1388Not measuredOnly MiniMax M2.7 measured
LMArena WebDev: HTML1401Not measuredOnly MiniMax M2.7 measured
Neither model has a result on the other 19 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index20
Intelligence benchmarks for MiniMax M2.7 and Qwen3 32B
BenchmarkMiniMax M2.7Qwen3 32BLeader
AA Intelligence Index22.87.3MiniMax M2.7
Epoch Capabilities Index145.8138.4MiniMax M2.7
Agentic workLike-for-likePublic boards, shown as published, kept out of the index10
Agentic work benchmarks for MiniMax M2.7 and Qwen3 32B
BenchmarkMiniMax M2.7Qwen3 32BLeader
AA Agentic Index15.3Not measuredOnly MiniMax M2.7 measured
Finance Agent (Vals AI)27.9%Not measuredOnly MiniMax M2.7 measured
Tax Agent Bench (Vals AI)6.9%Not measuredOnly MiniMax M2.7 measured
Legal Research Bench (Vals AI)10.6%Not measuredOnly MiniMax M2.7 measured
Excel Modeling Benchmark (Vals AI)28.4%Not measuredOnly MiniMax M2.7 measured
τ²-Bench Telecom84.8%29.8%MiniMax M2.7
Neither model has a result on the other 33 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index50
Reasoning benchmarks for MiniMax M2.7 and Qwen3 32B
BenchmarkMiniMax M2.7Qwen3 32BLeader
GPQA Diamond86.6%Not measuredOnly MiniMax M2.7 measured
GPQA Diamond (Artificial Analysis run)87.4%66.8%MiniMax M2.7
Humanity's Last Exam (Artificial Analysis run)29.6%7.4%MiniMax M2.7
GPQA Diamond (Epoch AI run)Not measured65.7%Only Qwen3 32B measured
LMArena Text: hard prompts14221334MiniMax M2.7
LMArena Text: expert14431362MiniMax M2.7
LMArena Text: hard prompts in English14411350MiniMax M2.7
Neither model has a result on the other 14 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index20
Math benchmarks for MiniMax M2.7 and Qwen3 32B
BenchmarkMiniMax M2.7Qwen3 32BLeader
AIME91.0%Not measuredOnly MiniMax M2.7 measured
AA Math IndexNot measured73.0Only Qwen3 32B measured
AIME 2025 (Artificial Analysis run)Not measured73.0%Only Qwen3 32B measured
OTIS Mock AIMENot measured66.9%Only Qwen3 32B measured
ProofBench3.0%Not measuredOnly MiniMax M2.7 measured
LMArena Text: math14211399MiniMax M2.7
LMArena Text: mathematical work14371420MiniMax M2.7
Neither model has a result on the other 6 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index40
Knowledge benchmarks for MiniMax M2.7 and Qwen3 32B
BenchmarkMiniMax M2.7Qwen3 32BLeader
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%Not measuredOnly MiniMax M2.7 measured
TaxEval (Vals AI)66.6%Not measuredOnly MiniMax M2.7 measured
MedCode (Vals AI)34.4%Not measuredOnly MiniMax M2.7 measured
MMLU Pro (Artificial Analysis run)Not measured79.8%Only Qwen3 32B measured
LMArena Text: science14161372MiniMax M2.7
LMArena Text: medicine and healthcare14091368MiniMax M2.7
LMArena Text: legal and government14031324MiniMax M2.7
LMArena Text: business and finance14071318MiniMax M2.7
Neither model has a result on the other 6 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 Qwen3 32B
BenchmarkMiniMax M2.7Qwen3 32BLeader
Design Arena: websites1243Not measuredOnly MiniMax M2.7 measured
Design Arena: UI components1210Not measuredOnly MiniMax M2.7 measured
Design Arena: game dev1210Not measuredOnly MiniMax M2.7 measured
Design Arena: data viz1233Not measuredOnly MiniMax M2.7 measured
Design Arena: 3D1195Not measuredOnly MiniMax M2.7 measured
Design Arena: all code categories1233Not measuredOnly MiniMax M2.7 measured
Design Arena: SVG1136Not 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 index140
General benchmarks for MiniMax M2.7 and Qwen3 32B
BenchmarkMiniMax M2.7Qwen3 32BLeader
MedScribe (Vals AI)79.9%Not measuredOnly MiniMax M2.7 measured
IFBench75.7%36.3%MiniMax M2.7
Long context reasoning (AA-LCR)78.3%0.0%MiniMax M2.7
DTBenchNot measured67.5%Only Qwen3 32B measured
LMCANot measured17.3%Only Qwen3 32B measured
Fiction.LiveBenchNot measured74.2%Only Qwen3 32B measured
ExploitBench13.3%Not measuredOnly MiniMax M2.7 measured
LMArena Text14051340MiniMax M2.7
LMArena Text: instruction following14051305MiniMax M2.7
LMArena Text: creative writing13541297MiniMax M2.7
LMArena Text: English14261359MiniMax M2.7
LMArena Text: non-English13821317MiniMax M2.7
LMArena Text: Chinese14421357MiniMax M2.7
LMArena Text: German13981341MiniMax M2.7
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: Russian13831311MiniMax M2.7
LMArena Text: Polish1387Not measuredOnly MiniMax M2.7 measured
LMArena Text: multi-turn14121331MiniMax M2.7
LMArena Text: longer queries14181327MiniMax M2.7
LMArena Text: writing and language13761298MiniMax M2.7
LMArena Text: entertainment and media13601279MiniMax M2.7
Neither model has a result on the other 22 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 Qwen3 32B
BenchmarkMiniMax M2.7Qwen3 32BLeader
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
Qwen3 32B$0.0002Fits in one request

Qwen3 32B costs less

Repository review

50K input + 3K output tokens

MiniMax M2.7$0.019Fits in one request
Qwen3 32B$0.0048Fits in one request

Qwen3 32B costs less

Agent loop

200K input + 10K output tokens

MiniMax M2.7$0.072Exceeds the context window
Qwen3 32B$0.019Exceeds the context window

Qwen3 32B 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 Qwen3 32B
SpecificationMiniMax M2.7Qwen3 32B
MakerMiniMaxQwen
WeightsOpen weightsOpen weights
ReleasedMarch 18, 2026April 28, 2025
Context window205K131K
Input $/Mtok$0.30$0.08
Output $/Mtok$1.20$0.28
Coding index28.440.0
Independent measurements behind it11
Cost per solved task$0.64Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M2.7 better than Qwen3 32B for coding?

Pick Qwen3 32B for coding: it scores 40.0 on the Vibe Coding Index against 28.4 for MiniMax M2.7. Pick MiniMax M2.7 when the context window is larger, 205K against 131K tokens, or when what matters is SciCode or Terminal-Bench Hard (Artificial Analysis run), where it leads.

Which is cheaper, MiniMax M2.7 or Qwen3 32B?

MiniMax M2.7 costs $0.30 per million input tokens and $1.20 per million output tokens; Qwen3 32B costs $0.08 and $0.28. Cost per solved task is known for MiniMax M2.7 only.

Which has the bigger context window, MiniMax M2.7 or Qwen3 32B?

MiniMax M2.7, with 205K tokens against 131K.

How many benchmarks is the MiniMax M2.7 vs Qwen3 32B comparison based on?

32 benchmarks have a result for both models as of October 21, 2026. MiniMax M2.7's coding index rests on 1 independent benchmark and Qwen3 32B's on 1. Where only one model has a result, the page says so instead of naming a winner.

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