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MiniMax M2 vs Qwen3.5-Flash

Qwen3.5-Flash costs 3.9x less per output token than MiniMax M2 ($0.26 vs $1.02 per million). Updated October 22, 2026; 28 benchmarks have a result for both.

Replace MiniMax M2 Replace Qwen3.5-Flash
MiniMax M2MiniMax
Coding
No data
Overall
No data
Output $/M
$1.02
2
Qwen3.5-FlashQwen
Coding
41.1
Overall
50.1
Output $/M
$0.26
26
vs boards won of 28 shared

MiniMax M2 or Qwen3.5-Flash: which to pick

Only Qwen3.5-Flash has a coding score, 41.1 on the Vibe Coding Index; MiniMax M2 has none, so the two cannot be ranked on coding.

Pick MiniMax M2 for work measured by LMArena WebDev or LMArena WebDev: HTML, where it leads.

Model AMiniMax M2MiniMaxNot benchmarked1 independent benchmark$0.702 per solved taskModel BQwen3.5-FlashQwen41.1/1002 independent benchmarks$0.40 per solved task
Shared results
28
MiniMax M2 only
22
Qwen3.5-Flash only
27
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, Qwen3.5-Flash 41.1 from 2 benchmarks.
Widest category
General, 9.6 points apart on average over 15 shared benchmarks.
Widest single gap
LMArena Text: Chinese: MiniMax M2 1366 against Qwen3.5-Flash 1445, 13.2 points apart on a 0 to 100 scale.
Output price
MiniMax M2 $1.02 against Qwen3.5-Flash $0.26 per million output tokens, 3.9x apart.
Context window
MiniMax M2 takes 205K tokens, Qwen3.5-Flash 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 M2BarsQwen3.5-FlashTies
Coding22
Reasoning03
Math02
Knowledge04
General015
All shared boards226
CodingLike-for-likeSix of these boards feed the Vibe Coding Index22
Coding benchmarks for MiniMax M2 and Qwen3.5-Flash
BenchmarkMiniMax M2Qwen3.5-FlashLeader
SWE-bench Verified61.0%Not measuredOnly MiniMax M2 measured
LMArena WebDev12971244MiniMax M2
LiveCodeBench (Vals AI)Not measured83.3%Only Qwen3.5-Flash measured
SWE-bench Verified (Vals AI)Not measured64.4%Only Qwen3.5-Flash 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
ALE-BenchNot measured265.9Only Qwen3.5-Flash measured
LMArena Text: coding13711412Qwen3.5-Flash
LMArena Text: software and IT13731416Qwen3.5-Flash
LMArena WebDev: ReactNot measured1229Only Qwen3.5-Flash measured
LMArena WebDev: HTML13061291MiniMax M2
Neither model has a result on the other 31 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
Intelligence benchmarks for MiniMax M2 and Qwen3.5-Flash
BenchmarkMiniMax M2Qwen3.5-FlashLeader
AA Intelligence Index18.6Not measuredOnly MiniMax M2 measured
Epoch Capabilities IndexNot measured143.5Only Qwen3.5-Flash measured
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
Agentic work benchmarks for MiniMax M2 and Qwen3.5-Flash
BenchmarkMiniMax M2Qwen3.5-FlashLeader
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 40 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index03
Reasoning benchmarks for MiniMax M2 and Qwen3.5-Flash
BenchmarkMiniMax M2Qwen3.5-FlashLeader
GPQA DiamondNot measured82.8%Only Qwen3.5-Flash measured
MMMU Pro (Vals AI)Not measured81.9%Only Qwen3.5-Flash measured
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 measured82.3%Only Qwen3.5-Flash measured
Chess puzzlesNot measured14.0%Only Qwen3.5-Flash measured
Mystery game puzzlesNot measured20.0%Only Qwen3.5-Flash measured
LMArena Text: hard prompts13571403Qwen3.5-Flash
LMArena Text: expert13381407Qwen3.5-Flash
LMArena Text: hard prompts in English13761409Qwen3.5-Flash
Kagi LLM Benchmark57.8%Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 12 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index02
Math benchmarks for MiniMax M2 and Qwen3.5-Flash
BenchmarkMiniMax M2Qwen3.5-FlashLeader
AIMENot measured92.5%Only Qwen3.5-Flash measured
AA Math Index78.3Not measuredOnly MiniMax M2 measured
AIME 2025 (Artificial Analysis run)78.3%Not measuredOnly MiniMax M2 measured
OTIS Mock AIMENot measured84.4%Only Qwen3.5-Flash measured
FrontierMath, tiers 1 to 3Not measured18.2%Only Qwen3.5-Flash measured
LMArena Text: math13511407Qwen3.5-Flash
LMArena Text: mathematical work13681413Qwen3.5-Flash
Neither model has a result on the other 7 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index04
Knowledge benchmarks for MiniMax M2 and Qwen3.5-Flash
BenchmarkMiniMax M2Qwen3.5-FlashLeader
MMLU ProNot measured84.1%Only Qwen3.5-Flash measured
LegalBench (Vals AI)Not measured84.3%Only Qwen3.5-Flash measured
CaseLaw (Vals AI)Not measured56.0%Only Qwen3.5-Flash measured
CorpFin (Vals AI)Not measured63.6%Only Qwen3.5-Flash measured
TaxEval (Vals AI)Not measured72.2%Only Qwen3.5-Flash measured
MortgageTax (Vals AI)Not measured67.4%Only Qwen3.5-Flash measured
MedCode (Vals AI)Not measured33.0%Only Qwen3.5-Flash measured
MMLU Pro (Artificial Analysis run)82.0%Not measuredOnly MiniMax M2 measured
SimpleQA VerifiedNot measured20.3%Only Qwen3.5-Flash measured
LMArena Text: science13481415Qwen3.5-Flash
LMArena Text: medicine and healthcare13671407Qwen3.5-Flash
LMArena Text: legal and government13491398Qwen3.5-Flash
LMArena Text: business and finance13361394Qwen3.5-Flash
Neither model has a result on the other 7 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index7 boards, none shared
Web design benchmarks for MiniMax M2 and Qwen3.5-Flash
BenchmarkMiniMax M2Qwen3.5-FlashLeader
Design Arena: websites1143Not measuredOnly MiniMax M2 measured
Design Arena: UI components1134Not 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 index015
General benchmarks for MiniMax M2 and Qwen3.5-Flash
BenchmarkMiniMax M2Qwen3.5-FlashLeader
SAGE (Vals AI)Not measured42.5%Only Qwen3.5-Flash measured
MedScribe (Vals AI)Not measured70.6%Only Qwen3.5-Flash measured
IFBench72.3%Not measuredOnly MiniMax M2 measured
Long context reasoning (AA-LCR)64.3%Not measuredOnly MiniMax M2 measured
DTBenchNot measured82.9%Only Qwen3.5-Flash measured
LMCANot measured29.1%Only Qwen3.5-Flash measured
LMArena Text13401397Qwen3.5-Flash
LMArena Text: instruction following13291374Qwen3.5-Flash
LMArena Text: creative writing12861343Qwen3.5-Flash
LMArena Text: English13641404Qwen3.5-Flash
LMArena Text: non-English13131385Qwen3.5-Flash
LMArena Text: Chinese13661445Qwen3.5-Flash
LMArena Text: German13571390Qwen3.5-Flash
LMArena Text: JapaneseNot measured1369Only Qwen3.5-Flash measured
LMArena Text: KoreanNot measured1344Only Qwen3.5-Flash measured
LMArena Text: French13361413Qwen3.5-Flash
LMArena Text: Spanish13261400Qwen3.5-Flash
LMArena Text: Russian13301380Qwen3.5-Flash
LMArena Text: Polish13121376Qwen3.5-Flash
LMArena Text: multi-turn13611393Qwen3.5-Flash
LMArena Text: longer queries13311392Qwen3.5-Flash
LMArena Text: writing and language12951369Qwen3.5-Flash
LMArena Text: entertainment and media12981347Qwen3.5-Flash
Neither model has a result on the other 25 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for MiniMax M2 and Qwen3.5-Flash
BenchmarkMiniMax M2Qwen3.5-FlashLeader
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
Qwen3.5-Flash$0.0002Fits in one request

Qwen3.5-Flash costs less

Repository review

50K input + 3K output tokens

MiniMax M2$0.016Fits in one request
Qwen3.5-Flash$0.0040Fits in one request

Qwen3.5-Flash costs less

Agent loop

200K input + 10K output tokens

MiniMax M2$0.061Exceeds the context window
Qwen3.5-Flash$0.016Fits in one request

Qwen3.5-Flash 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 Qwen3.5-Flash
SpecificationMiniMax M2Qwen3.5-Flash
MakerMiniMaxQwen
WeightsOpen weightsNo public weights listed
ReleasedOctober 23, 2025February 25, 2026
Context window205K1M
Input $/Mtok$0.255$0.065
Output $/Mtok$1.02$0.26
Coding indexNot benchmarked41.1
Independent measurements behind it12
Cost per solved task$0.702$0.40
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M2 better than Qwen3.5-Flash for coding?

Only Qwen3.5-Flash has a coding score, 41.1 on the Vibe Coding Index; MiniMax M2 has none, so the two cannot be ranked on coding. Pick MiniMax M2 for work measured by LMArena WebDev or LMArena WebDev: HTML, where it leads.

Which is cheaper, MiniMax M2 or Qwen3.5-Flash?

MiniMax M2 costs $0.255 per million input tokens and $1.02 per million output tokens; Qwen3.5-Flash costs $0.065 and $0.26. Per solved SWE-bench Verified task, MiniMax M2 costs $0.702 and Qwen3.5-Flash $0.40.

Which has the bigger context window, MiniMax M2 or Qwen3.5-Flash?

Qwen3.5-Flash, with 1M tokens against 205K.

How many benchmarks is the MiniMax M2 vs Qwen3.5-Flash comparison based on?

28 benchmarks have a result for both models as of October 22, 2026. MiniMax M2's coding index rests on 1 independent benchmark and Qwen3.5-Flash's on 2. Where only one model has a result, the page says so instead of naming a winner.

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