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MiniMax M2 vs Qwen-Plus

Qwen-Plus costs 1.3x less per output token than MiniMax M2 ($0.78 vs $1.02 per million). Updated October 21, 2026; 22 benchmarks have a result for both.

MiniMax M2MiniMax
Coding
No data
Overall
No data
Output $/M
$1.02
18
Qwen-PlusQwen
Coding
No data
Overall
No data
Output $/M
$0.78
4
vs boards won of 22 shared

MiniMax M2 or Qwen-Plus: which to pick

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

Pick MiniMax M2 for work measured by LMArena Text: science or LMArena Text: legal and government, where it leads.

Shared results
22
MiniMax M2 only
28
Qwen-Plus only
6
Like-for-like categories
5 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 not benchmarked, Qwen-Plus not benchmarked.
Widest category
Coding, 6.0 points apart on average over 2 shared benchmarks.
Widest single gap
LMArena Text: hard prompts in English: MiniMax M2 1376 against Qwen-Plus 1333, 7.2 points apart on a 0 to 100 scale.
Output price
MiniMax M2 $1.02 against Qwen-Plus $0.78 per million output tokens, 1.3x apart.
Context window
MiniMax M2 takes 205K tokens, Qwen-Plus 1M.

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 M2BarsQwen-PlusTies
Coding20
Reasoning30
Math20
Knowledge22
General92
All shared boards184
CodingLike-for-likeSix of these boards feed the Vibe Coding Index20
Coding benchmarks for MiniMax M2 and Qwen-Plus
BenchmarkMiniMax M2Qwen-PlusLeader
SWE-bench Verified61.0%Not measuredOnly MiniMax M2 measured
LMArena WebDev1297Not measuredOnly MiniMax M2 measured
LiveCodeBench (Artificial Analysis run)82.6%Not measuredOnly MiniMax M2 measured
Terminal-Bench Hard (Artificial Analysis run)25.8%Not measuredOnly MiniMax M2 measured
Terminal-Bench30.0%Not measuredOnly MiniMax M2 measured
LMArena Text: coding13711328MiniMax M2
LMArena Text: software and IT13731343MiniMax M2
LMArena WebDev: HTML1306Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 31 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index1 board, none shared
Intelligence benchmarks for MiniMax M2 and Qwen-Plus
BenchmarkMiniMax M2Qwen-PlusLeader
AA Intelligence Index18.6Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 1 board here
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
Agentic work benchmarks for MiniMax M2 and Qwen-Plus
BenchmarkMiniMax M2Qwen-PlusLeader
τ²-Bench Telecom86.8%Not measuredOnly MiniMax M2 measured
Vending-Bench 2$161Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 39 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index30
Reasoning benchmarks for MiniMax M2 and Qwen-Plus
BenchmarkMiniMax M2Qwen-PlusLeader
GPQA Diamond (Artificial Analysis run)77.7%Not measuredOnly MiniMax M2 measured
Humanity's Last Exam (Artificial Analysis run)13.7%Not measuredOnly MiniMax M2 measured
GPQA Diamond (Epoch AI run)Not measured48.1%Only Qwen-Plus measured
LMArena Text: hard prompts13571317MiniMax M2
LMArena Text: expert13381328MiniMax M2
LMArena Text: hard prompts in English13761333MiniMax M2
Kagi LLM Benchmark57.8%Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 15 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index20
Math benchmarks for MiniMax M2 and Qwen-Plus
BenchmarkMiniMax M2Qwen-PlusLeader
AA Math Index78.3Not measuredOnly MiniMax M2 measured
AIME 2025 (Artificial Analysis run)78.3%Not measuredOnly MiniMax M2 measured
OTIS Mock AIMENot measured17.8%Only Qwen-Plus measured
MATH level 5Not measured65.3%Only Qwen-Plus measured
LMArena Text: math13511326MiniMax M2
LMArena Text: mathematical work13681332MiniMax M2
Neither model has a result on the other 7 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index22
Knowledge benchmarks for MiniMax M2 and Qwen-Plus
BenchmarkMiniMax M2Qwen-PlusLeader
MMLU Pro (Artificial Analysis run)82.0%Not measuredOnly MiniMax M2 measured
LMArena Text: science13481352Qwen-Plus
LMArena Text: medicine and healthcare13671350MiniMax M2
LMArena Text: legal and government13491349Qwen-Plus
LMArena Text: business and finance13361303MiniMax M2
Neither model has a result on the other 13 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index7 boards, none shared
Web design benchmarks for MiniMax M2 and Qwen-Plus
BenchmarkMiniMax M2Qwen-PlusLeader
Design Arena: websites1143Not measuredOnly MiniMax M2 measured
Design Arena: UI components1136Not measuredOnly MiniMax M2 measured
Design Arena: game dev1118Not measuredOnly MiniMax M2 measured
Design Arena: data viz1140Not measuredOnly MiniMax M2 measured
Design Arena: 3D1098Not measuredOnly MiniMax M2 measured
Design Arena: all code categories1135Not measuredOnly MiniMax M2 measured
Design Arena: SVG1100Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 2 boards here
GeneralLike-for-likePublic boards, shown as published, kept out of the index92
General benchmarks for MiniMax M2 and Qwen-Plus
BenchmarkMiniMax M2Qwen-PlusLeader
IFBench72.3%Not measuredOnly MiniMax M2 measured
Long context reasoning (AA-LCR)64.3%Not measuredOnly MiniMax M2 measured
DTBenchNot measured81.1%Only Qwen-Plus measured
LMCANot measured24.0%Only Qwen-Plus measured
LMArena Text13401326MiniMax M2
LMArena Text: instruction following13291303MiniMax M2
LMArena Text: creative writing12861292Qwen-Plus
LMArena Text: English13641339MiniMax M2
LMArena Text: non-English13131310MiniMax M2
LMArena Text: Chinese13661347MiniMax M2
LMArena Text: German1357Not measuredOnly MiniMax M2 measured
LMArena Text: JapaneseNot measured1251Only Qwen-Plus measured
LMArena Text: French1336Not measuredOnly MiniMax M2 measured
LMArena Text: Spanish1326Not measuredOnly MiniMax M2 measured
LMArena Text: Russian13301323MiniMax M2
LMArena Text: Polish1312Not measuredOnly MiniMax M2 measured
LMArena Text: multi-turn13611336MiniMax M2
LMArena Text: longer queries13311324MiniMax M2
LMArena Text: writing and language12951296Qwen-Plus
LMArena Text: entertainment and media12981270MiniMax M2
Neither model has a result on the other 26 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for MiniMax M2 and Qwen-Plus
BenchmarkMiniMax M2Qwen-PlusLeader
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$0.0008Fits in one request
Qwen-Plus$0.0006Fits in one request

Qwen-Plus costs less

Repository review

50K input + 3K output tokens

MiniMax M2$0.016Fits in one request
Qwen-Plus$0.015Fits in one request

Qwen-Plus costs less

Agent loop

200K input + 10K output tokens

MiniMax M2$0.061Exceeds the context window
Qwen-Plus$0.060Fits in one request

Qwen-Plus 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 and Qwen-Plus
SpecificationMiniMax M2Qwen-Plus
MakerMiniMaxQwen
WeightsOpen weightsNo public weights listed
ReleasedOctober 23, 2025February 1, 2025
Context window205K1M
Input $/Mtok$0.255$0.26
Output $/Mtok$1.02$0.78
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it10
Cost per solved task$0.702Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M2 better than Qwen-Plus for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick MiniMax M2 for work measured by LMArena Text: science or LMArena Text: legal and government, where it leads.

Which is cheaper, MiniMax M2 or Qwen-Plus?

MiniMax M2 costs $0.255 per million input tokens and $1.02 per million output tokens; Qwen-Plus costs $0.26 and $0.78. Cost per solved task is known for MiniMax M2 only.

Which has the bigger context window, MiniMax M2 or Qwen-Plus?

Qwen-Plus, with 1M tokens against 205K.

How many benchmarks is the MiniMax M2 vs Qwen-Plus comparison based on?

22 benchmarks have a result for both models as of October 21, 2026. MiniMax M2's coding index rests on 1 independent benchmark and Qwen-Plus's on 0. Where only one model has a result, the page says so instead of naming a winner.

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