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MiniMax M2 vs Qwen3.5 Plus 2026-04-20

MiniMax M2 costs 1.8x less per output token than Qwen3.5 Plus 2026-04-20 ($1.02 vs $1.80 per million). Updated October 22, 2026; 1 benchmarks have a result for both.

MiniMax M2MiniMax
Coding
No data
Overall
No data
Output $/M
$1.02
1
Qwen3.5 Plus 2026-04-20Qwen
Coding
39.5
Overall
No data
Output $/M
$1.80
0
vs boards won of 1 shared

MiniMax M2 or Qwen3.5 Plus 2026-04-20: which to pick

Only Qwen3.5 Plus 2026-04-20 has a coding score, 39.5 on the Vibe Coding Index; MiniMax M2 has none, so the two cannot be ranked on coding.

Pick MiniMax M2 for output tokens 1.8x cheaper ($1.02 vs $1.80 per million) and a lower cost per solved task ($0.702 against $1.35).

Shared results
1
MiniMax M2 only
49
Qwen3.5 Plus 2026-04-20 only
24
Like-for-like categories
1 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 Plus 2026-04-20 39.5 from 2 benchmarks.
Widest category
Agentic work, 1.0 points apart on average over 1 shared benchmark.
Widest single gap
Vending-Bench 2: MiniMax M2 $161 against Qwen3.5 Plus 2026-04-20 $1, 1.0 points apart on a 0 to 100 scale.
Output price
MiniMax M2 $1.02 against Qwen3.5 Plus 2026-04-20 $1.80 per million output tokens, 1.8x apart.
Context window
MiniMax M2 takes 205K tokens, Qwen3.5 Plus 2026-04-20 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 Plus 2026-04-20Ties
Agentic work10
All shared boards10
CodingDirectional onlySix of these boards feed the Vibe Coding Index12 boards, none shared
Coding benchmarks for MiniMax M2 and Qwen3.5 Plus 2026-04-20
BenchmarkMiniMax M2Qwen3.5 Plus 2026-04-20Leader
SWE-bench Verified61.0%Not measuredOnly MiniMax M2 measured
LMArena WebDev1297Not measuredOnly MiniMax M2 measured
LiveCodeBench (Vals AI)Not measured85.3%Only Qwen3.5 Plus 2026-04-20 measured
SWE-bench Verified (Vals AI)Not measured71.2%Only Qwen3.5 Plus 2026-04-20 measured
Vibe Code Bench (Vals AI)Not measured15.7%Only Qwen3.5 Plus 2026-04-20 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 measured608.9Only Qwen3.5 Plus 2026-04-20 measured
LMArena Text: coding1371Not measuredOnly MiniMax M2 measured
LMArena Text: software and IT1373Not measuredOnly MiniMax M2 measured
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 index2 boards, none shared
Intelligence benchmarks for MiniMax M2 and Qwen3.5 Plus 2026-04-20
BenchmarkMiniMax M2Qwen3.5 Plus 2026-04-20Leader
AA Intelligence Index18.6Not measuredOnly MiniMax M2 measured
Epoch Capabilities IndexNot measured146.2Only Qwen3.5 Plus 2026-04-20 measured
Agentic workLike-for-likePublic boards, shown as published, kept out of the index10
Agentic work benchmarks for MiniMax M2 and Qwen3.5 Plus 2026-04-20
BenchmarkMiniMax M2Qwen3.5 Plus 2026-04-20Leader
τ²-Bench Telecom86.8%Not measuredOnly MiniMax M2 measured
Vending-Bench 2$161$1MiniMax M2
Neither model has a result on the other 40 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index11 boards, none shared
Reasoning benchmarks for MiniMax M2 and Qwen3.5 Plus 2026-04-20
BenchmarkMiniMax M2Qwen3.5 Plus 2026-04-20Leader
GPQA DiamondNot measured87.4%Only Qwen3.5 Plus 2026-04-20 measured
MMMU Pro (Vals AI)Not measured22.8%Only Qwen3.5 Plus 2026-04-20 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 measured84.8%Only Qwen3.5 Plus 2026-04-20 measured
Chess puzzlesNot measured8.0%Only Qwen3.5 Plus 2026-04-20 measured
Mystery game puzzlesNot measured17.0%Only Qwen3.5 Plus 2026-04-20 measured
LMArena Text: hard prompts1357Not measuredOnly MiniMax M2 measured
LMArena Text: expert1338Not measuredOnly MiniMax M2 measured
LMArena Text: hard prompts in English1376Not measuredOnly MiniMax M2 measured
Kagi LLM Benchmark57.8%Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 12 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index6 boards, none shared
Math benchmarks for MiniMax M2 and Qwen3.5 Plus 2026-04-20
BenchmarkMiniMax M2Qwen3.5 Plus 2026-04-20Leader
AIMENot measured86.0%Only Qwen3.5 Plus 2026-04-20 measured
AA Math Index78.3Not measuredOnly MiniMax M2 measured
AIME 2025 (Artificial Analysis run)78.3%Not measuredOnly MiniMax M2 measured
OTIS Mock AIMENot measured86.7%Only Qwen3.5 Plus 2026-04-20 measured
LMArena Text: math1351Not measuredOnly MiniMax M2 measured
LMArena Text: mathematical work1368Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 8 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index12 boards, none shared
Knowledge benchmarks for MiniMax M2 and Qwen3.5 Plus 2026-04-20
BenchmarkMiniMax M2Qwen3.5 Plus 2026-04-20Leader
MMLU ProNot measured87.2%Only Qwen3.5 Plus 2026-04-20 measured
LegalBench (Vals AI)Not measured85.1%Only Qwen3.5 Plus 2026-04-20 measured
CaseLaw (Vals AI)Not measured59.7%Only Qwen3.5 Plus 2026-04-20 measured
CorpFin (Vals AI)Not measured65.3%Only Qwen3.5 Plus 2026-04-20 measured
MortgageTax (Vals AI)Not measured60.8%Only Qwen3.5 Plus 2026-04-20 measured
MedQA (Vals AI)Not measured95.2%Only Qwen3.5 Plus 2026-04-20 measured
MMLU Pro (Artificial Analysis run)82.0%Not measuredOnly MiniMax M2 measured
SimpleQA VerifiedNot measured25.4%Only Qwen3.5 Plus 2026-04-20 measured
LMArena Text: science1348Not measuredOnly MiniMax M2 measured
LMArena Text: medicine and healthcare1367Not measuredOnly MiniMax M2 measured
LMArena Text: legal and government1349Not measuredOnly MiniMax M2 measured
LMArena Text: business and finance1336Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 8 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 Plus 2026-04-20
BenchmarkMiniMax M2Qwen3.5 Plus 2026-04-20Leader
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
GeneralDirectional onlyPublic boards, shown as published, kept out of the index22 boards, none shared
General benchmarks for MiniMax M2 and Qwen3.5 Plus 2026-04-20
BenchmarkMiniMax M2Qwen3.5 Plus 2026-04-20Leader
SAGE (Vals AI)Not measured30.4%Only Qwen3.5 Plus 2026-04-20 measured
IFBench72.3%Not measuredOnly MiniMax M2 measured
Long context reasoning (AA-LCR)64.3%Not measuredOnly MiniMax M2 measured
DTBenchNot measured80.5%Only Qwen3.5 Plus 2026-04-20 measured
LMCANot measured36.4%Only Qwen3.5 Plus 2026-04-20 measured
CL-benchNot measured19.8%Only Qwen3.5 Plus 2026-04-20 measured
CL-bench LifeNot measured12.4%Only Qwen3.5 Plus 2026-04-20 measured
LMArena Text1340Not measuredOnly MiniMax M2 measured
LMArena Text: instruction following1329Not measuredOnly MiniMax M2 measured
LMArena Text: creative writing1286Not measuredOnly MiniMax M2 measured
LMArena Text: English1364Not measuredOnly MiniMax M2 measured
LMArena Text: non-English1313Not measuredOnly MiniMax M2 measured
LMArena Text: Chinese1366Not measuredOnly MiniMax M2 measured
LMArena Text: German1357Not measuredOnly MiniMax M2 measured
LMArena Text: French1336Not measuredOnly MiniMax M2 measured
LMArena Text: Spanish1326Not measuredOnly MiniMax M2 measured
LMArena Text: Russian1330Not measuredOnly MiniMax M2 measured
LMArena Text: Polish1312Not measuredOnly MiniMax M2 measured
LMArena Text: multi-turn1361Not measuredOnly MiniMax M2 measured
LMArena Text: longer queries1331Not measuredOnly MiniMax M2 measured
LMArena Text: writing and language1295Not measuredOnly MiniMax M2 measured
LMArena Text: entertainment and media1298Not measuredOnly MiniMax M2 measured
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 Qwen3.5 Plus 2026-04-20
BenchmarkMiniMax M2Qwen3.5 Plus 2026-04-20Leader
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 Plus 2026-04-20$0.0012Fits in one request

MiniMax M2 costs less

Repository review

50K input + 3K output tokens

MiniMax M2$0.016Fits in one request
Qwen3.5 Plus 2026-04-20$0.020Fits in one request

MiniMax M2 costs less

Agent loop

200K input + 10K output tokens

MiniMax M2$0.061Exceeds the context window
Qwen3.5 Plus 2026-04-20$0.078Fits in one request

MiniMax M2 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 Plus 2026-04-20
SpecificationMiniMax M2Qwen3.5 Plus 2026-04-20
MakerMiniMaxQwen
WeightsOpen weightsNo public weights listed
ReleasedOctober 23, 2025April 27, 2026
Context window205K1M
Input $/Mtok$0.255$0.30
Output $/Mtok$1.02$1.80
Coding indexNot benchmarked39.5
Independent measurements behind it12
Cost per solved task$0.702$1.35
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M2 better than Qwen3.5 Plus 2026-04-20 for coding?

Only Qwen3.5 Plus 2026-04-20 has a coding score, 39.5 on the Vibe Coding Index; MiniMax M2 has none, so the two cannot be ranked on coding. Pick MiniMax M2 for output tokens 1.8x cheaper ($1.02 vs $1.80 per million) and a lower cost per solved task ($0.702 against $1.35).

Which is cheaper, MiniMax M2 or Qwen3.5 Plus 2026-04-20?

MiniMax M2 costs $0.255 per million input tokens and $1.02 per million output tokens; Qwen3.5 Plus 2026-04-20 costs $0.30 and $1.80. Per solved SWE-bench Verified task, MiniMax M2 costs $0.702 and Qwen3.5 Plus 2026-04-20 $1.35.

Which has the bigger context window, MiniMax M2 or Qwen3.5 Plus 2026-04-20?

Qwen3.5 Plus 2026-04-20, with 1M tokens against 205K.

How many benchmarks is the MiniMax M2 vs Qwen3.5 Plus 2026-04-20 comparison based on?

1 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 Plus 2026-04-20's on 2. Where only one model has a result, the page says so instead of naming a winner.

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