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MiniMax M2.7 vs Step 5 Preview

Updated October 21, 2026. 39 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
0
Step 5 PreviewStepFun
Coding
71.4
Overall
43.7
Output $/M
$2.70
39
vs boards won of 39 shared

Decision reading

Pick Step 5 Preview for coding: it scores 71.4 on the Vibe Coding Index against 28.4 for MiniMax M2.7.

Pick MiniMax M2.7 when output tokens cost 2.3x less.

Shared results
39
MiniMax M2.7 only
35
Step 5 Preview only
22
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, Step 5 Preview 71.4 from 2 benchmarks.
Widest category
Agentic work, 25.4 points apart on average over 4 shared benchmarks.
Widest single gap
Vibe Code Bench (Vals AI): MiniMax M2.7 11.9% against Step 5 Preview 70.4%, 58.5 points apart on a 0 to 100 scale.
Output price
MiniMax M2.7 $1.20 against Step 5 Preview $2.70 per million output tokens, 2.3x apart.
Context window
MiniMax M2.7 takes 205K 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 M2.7BarsStep 5 PreviewTies
Coding08
Intelligence01
Agentic work04
Reasoning04
Math03
Knowledge04
General015
All shared boards039
CodingLike-for-likeFour of these boards feed the Vibe Coding Index08
Coding benchmarks for MiniMax M2.7 and Step 5 Preview
BenchmarkMiniMax M2.7Step 5 PreviewLeader
LiveBench codingNot measured85.6%Only Step 5 Preview measured
LMArena WebDev13991567Step 5 Preview
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
Terminal-Bench 4 (Vals AI)Not measured31.8%Only Step 5 Preview measured
Vibe Code Bench (Vals AI)11.9%70.4%Step 5 Preview
Code migration (Vals AI)8.7%39.0%Step 5 Preview
ProgramBench (Vals AI)0.0%Not measuredOnly MiniMax M2.7 measured
IOI (Vals AI)Not measured38.1%Only Step 5 Preview measured
Terminal-Bench 2.1 (Vals AI)48.7%Not measuredOnly MiniMax M2.7 measured
SWE-bench Multimodal (Vals AI)Not measured40.8%Only Step 5 Preview measured
SciCode50.1%58.9%Step 5 Preview
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-Bench599.3Not measuredOnly MiniMax M2.7 measured
LMArena Text: coding14541485Step 5 Preview
LMArena Text: software and IT14461473Step 5 Preview
LMArena WebDev: React13881583Step 5 Preview
LMArena WebDev: HTML14011556Step 5 Preview
LMArena WebDev: from an imageNot measured1550Only Step 5 Preview measured
Neither model has a result on the other 16 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for MiniMax M2.7 and Step 5 Preview
BenchmarkMiniMax M2.7Step 5 PreviewLeader
AA Intelligence Index22.843.7Step 5 Preview
Epoch Capabilities Index145.8Not measuredOnly MiniMax M2.7 measured
Agentic workLike-for-likePublic boards, shown as published, kept out of the index04
Agentic work benchmarks for MiniMax M2.7 and Step 5 Preview
BenchmarkMiniMax M2.7Step 5 PreviewLeader
AA Agentic Index15.3Not measuredOnly MiniMax M2.7 measured
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)27.9%50.7%Step 5 Preview
Tax Agent Bench (Vals AI)6.9%27.3%Step 5 Preview
Legal Research Bench (Vals AI)10.6%40.4%Step 5 Preview
Excel Modeling Benchmark (Vals AI)28.4%57.1%Step 5 Preview
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
τ²-Bench Telecom84.8%Not measuredOnly MiniMax M2.7 measured
Neither model has a result on the other 26 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index04
Reasoning benchmarks for MiniMax M2.7 and Step 5 Preview
BenchmarkMiniMax M2.7Step 5 PreviewLeader
GPQA Diamond86.6%Not measuredOnly MiniMax M2.7 measured
LiveBench reasoningNot measured83.8%Only Step 5 Preview measured
MysteryMechanism (Vals AI)Not measured18.5%Only Step 5 Preview measured
GPQA Diamond (Artificial Analysis run)87.4%Not measuredOnly MiniMax M2.7 measured
Humanity's Last Exam (Artificial Analysis run)29.6%46.5%Step 5 Preview
LMArena Text: hard prompts14221461Step 5 Preview
LMArena Text: expert14431485Step 5 Preview
LMArena Text: hard prompts in English14411454Step 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 11 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index03
Math benchmarks for MiniMax M2.7 and Step 5 Preview
BenchmarkMiniMax M2.7Step 5 PreviewLeader
AIME91.0%Not measuredOnly MiniMax M2.7 measured
ProofBench3.0%42.0%Step 5 Preview
LMArena Text: math14211458Step 5 Preview
LMArena Text: mathematical work14371460Step 5 Preview
Neither model has a result on the other 9 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index04
Knowledge benchmarks for MiniMax M2.7 and Step 5 Preview
BenchmarkMiniMax M2.7Step 5 PreviewLeader
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
LMArena Text: science14161454Step 5 Preview
LMArena Text: medicine and healthcare14091439Step 5 Preview
LMArena Text: legal and government14031437Step 5 Preview
LMArena Text: business and finance14071435Step 5 Preview
Neither model has a result on the other 7 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index9 boards, none shared
Web design benchmarks for MiniMax M2.7 and Step 5 Preview
BenchmarkMiniMax M2.7Step 5 PreviewLeader
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
LiveBench designNot measured76.9%Only Step 5 Preview measured
GeneralLike-for-likePublic boards, shown as published, kept out of the index015
General benchmarks for MiniMax M2.7 and Step 5 Preview
BenchmarkMiniMax M2.7Step 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
MedScribe (Vals AI)79.9%Not measuredOnly MiniMax M2.7 measured
IFBench75.7%Not measuredOnly MiniMax M2.7 measured
Long context reasoning (AA-LCR)78.3%88.3%Step 5 Preview
ExploitBench13.3%Not measuredOnly MiniMax M2.7 measured
LMArena Text14051440Step 5 Preview
LMArena Text: instruction following14051438Step 5 Preview
LMArena Text: creative writing13541409Step 5 Preview
LMArena VisionNot measured1265Only Step 5 Preview measured
LMArena Text: English14261447Step 5 Preview
LMArena Text: non-English13821428Step 5 Preview
LMArena Text: Chinese14421500Step 5 Preview
LMArena Text: German1398Not measuredOnly MiniMax M2.7 measured
LMArena Text: Japanese12601383Step 5 Preview
LMArena Text: Korean1314Not measuredOnly MiniMax M2.7 measured
LMArena Text: French14241438Step 5 Preview
LMArena Text: Spanish14021441Step 5 Preview
LMArena Text: Russian13831433Step 5 Preview
LMArena Text: Polish1387Not measuredOnly MiniMax M2.7 measured
LMArena Text: multi-turn14121437Step 5 Preview
LMArena Text: longer queries14181449Step 5 Preview
LMArena Text: writing and language13761425Step 5 Preview
LMArena Text: entertainment and media13601412Step 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 20 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 Step 5 Preview
BenchmarkMiniMax M2.7Step 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 M2.7$0.0009Fits in one request
Step 5 Preview$0.0024Fits in one request

MiniMax M2.7 costs less

Repository review

50K input + 3K output tokens

MiniMax M2.7$0.019Fits in one request
Step 5 Preview$0.058Fits in one request

MiniMax M2.7 costs less

Agent loop

200K input + 10K output tokens

MiniMax M2.7$0.072Exceeds the context window
Step 5 Preview$0.227Fits in one request

MiniMax M2.7 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 Step 5 Preview
SpecificationMiniMax M2.7StepFun Step 5 Preview
MakerMiniMaxStepFun
WeightsOpen weightsOpen weights
ReleasedMarch 18, 2026October 8, 2026
Context window205K1.05M
Input $/Mtok$0.30$1.00
Output $/Mtok$1.20$2.70
Coding index28.471.4
Independent measurements behind it12
Cost per solved task$0.64Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M2.7 better than Step 5 Preview for coding?

Pick Step 5 Preview for coding: it scores 71.4 on the Vibe Coding Index against 28.4 for MiniMax M2.7. Pick MiniMax M2.7 when output tokens cost 2.3x less.

Which is cheaper, MiniMax M2.7 or Step 5 Preview?

MiniMax M2.7 costs $0.30 per million input tokens and $1.20 per million output tokens; Step 5 Preview costs $1.00 and $2.70. Cost per solved task is known for MiniMax M2.7 only.

Which has the bigger context window, MiniMax M2.7 or Step 5 Preview?

Step 5 Preview, with 1.05M tokens against 205K.

How many benchmarks is the MiniMax M2.7 vs Step 5 Preview comparison based on?

39 benchmarks have a result for both models as of October 21, 2026. MiniMax M2.7's coding index rests on 1 independent benchmark and Step 5 Preview's on 2. Where only one model has a result, the page says so instead of naming a winner.

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