MiniMax M2 vs Qwen3 Coder Next
Updated October 21, 2026. 7 benchmarks have a result for both. Coding is ranked on the Vibe Coding Index; every other board is shown as published.
Decision reading
Neither model has a coding score yet, so the two cannot be ranked on coding.
Compare them on price, context and the boards below.
- Shared results
- 7
- MiniMax M2 only
- 42
- Qwen3 Coder Next only
- 4
- Like-for-like categories
- 5 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.
Coding
Vibe Coding Index, six public coding benchmarks
No call
Neither has a coding score yet.
One side not measured
Intelligence
AA Intelligence Index
MiniMax M2
MiniMax M2 leads, 18.6 against 9.2.
Same board, both measured
Agentic work
AA Agentic Index
No call
Only Qwen3 Coder Next has a AA Agentic Index result, 0.9.
Directional only
Web design
Design Arena: websites
No call
Only MiniMax M2 has a Design Arena: websites result, 1143.
Directional only
Long documents
Listed context window
Qwen3 Coder Next
Qwen3 Coder Next takes 262K tokens against 205K.
Listed by OpenRouter
Everyday cost
1K input + 500 output tokens
Qwen3 Coder Next
MiniMax M2 $0.0008, Qwen3 Coder Next $0.0005 per turn.
List prices
Cost per solved task
One SWE-bench Verified task, solved
No call
Only MiniMax M2 has the number, $0.702.
Directional only
At a glance
- Coding index
- MiniMax M2 not benchmarked, Qwen3 Coder Next not benchmarked.
- Widest category
- General, 27.2 points apart on average over 2 shared benchmarks.
- Widest single gap
- IFBench: MiniMax M2 72.3% against Qwen3 Coder Next 35.2%, 37.1 points apart on a 0 to 100 scale.
- Output price
- MiniMax M2 $1.02 against Qwen3 Coder Next $0.80 per million output tokens, 1.3x apart.
- Context window
- MiniMax M2 takes 205K tokens, Qwen3 Coder Next 262K.
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.
| Category | MiniMax M2 | Bars | Qwen3 Coder Next | Ties |
|---|---|---|---|---|
| Coding | 1 | 0 | ||
| Intelligence | 1 | 0 | ||
| Agentic work | 1 | 0 | ||
| Reasoning | 2 | 0 | ||
| General | 2 | 0 | ||
| All shared boards | 7 | 0 |
CodingLike-for-likeSix of these boards feed the Vibe Coding Index10
| Benchmark | MiniMax M2 | Qwen3 Coder Next | Leader |
|---|---|---|---|
| SWE-bench Verified | 61.0% | Not measured | Only MiniMax M2 measured |
| LMArena WebDev | 1297 | Not measured | Only MiniMax M2 measured |
| AA Coding Index | Not measured | 36.2 | Only Qwen3 Coder Next measured |
| LiveCodeBench (Artificial Analysis run) | 82.6% | Not measured | Only MiniMax M2 measured |
| SciCode | Not measured | 36.2% | Only Qwen3 Coder Next measured |
| Terminal-Bench Hard (Artificial Analysis run) | 25.8% | 18.2% | MiniMax M2 |
| Terminal-Bench | 30.0% | Not measured | Only MiniMax M2 measured |
| WeirdML | Not measured | 34.4% | Only Qwen3 Coder Next measured |
| LMArena Text: coding | 1371 | Not measured | Only MiniMax M2 measured |
| LMArena Text: software and IT | 1373 | Not measured | Only MiniMax M2 measured |
| LMArena WebDev: HTML | 1306 | Not measured | Only MiniMax M2 measured |
| Neither model has a result on the other 27 boards here | |||
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index10
| Benchmark | MiniMax M2 | Qwen3 Coder Next | Leader |
|---|---|---|---|
| AA Intelligence Index | 18.6 | 9.2 | MiniMax M2 |
| Neither model has a result on the other 1 board here | |||
Agentic workLike-for-likePublic boards, shown as published, kept out of the index10
| Benchmark | MiniMax M2 | Qwen3 Coder Next | Leader |
|---|---|---|---|
| AA Agentic Index | Not measured | 0.9 | Only Qwen3 Coder Next measured |
| τ²-Bench Telecom | 86.8% | 79.5% | MiniMax M2 |
| Vending-Bench 2 | $161 | Not measured | Only MiniMax M2 measured |
| Neither model has a result on the other 36 boards here | |||
ReasoningLike-for-likePublic boards, shown as published, kept out of the index20
| Benchmark | MiniMax M2 | Qwen3 Coder Next | Leader |
|---|---|---|---|
| GPQA Diamond (Artificial Analysis run) | 77.7% | 73.7% | MiniMax M2 |
| Humanity's Last Exam (Artificial Analysis run) | 13.7% | 10.1% | MiniMax M2 |
| LMArena Text: hard prompts | 1357 | Not measured | Only MiniMax M2 measured |
| LMArena Text: expert | 1338 | Not measured | Only MiniMax M2 measured |
| LMArena Text: hard prompts in English | 1376 | Not measured | Only MiniMax M2 measured |
| Neither model has a result on the other 16 boards here | |||
MathDirectional onlyPublic boards, shown as published, kept out of the index4 boards, none shared
| Benchmark | MiniMax M2 | Qwen3 Coder Next | Leader |
|---|---|---|---|
| AA Math Index | 78.3 | Not measured | Only MiniMax M2 measured |
| AIME 2025 (Artificial Analysis run) | 78.3% | Not measured | Only MiniMax M2 measured |
| LMArena Text: math | 1351 | Not measured | Only MiniMax M2 measured |
| LMArena Text: mathematical work | 1368 | Not measured | Only MiniMax M2 measured |
| Neither model has a result on the other 9 boards here | |||
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index5 boards, none shared
| Benchmark | MiniMax M2 | Qwen3 Coder Next | Leader |
|---|---|---|---|
| MMLU Pro (Artificial Analysis run) | 82.0% | Not measured | Only MiniMax M2 measured |
| LMArena Text: science | 1348 | Not measured | Only MiniMax M2 measured |
| LMArena Text: medicine and healthcare | 1367 | Not measured | Only MiniMax M2 measured |
| LMArena Text: legal and government | 1349 | Not measured | Only MiniMax M2 measured |
| LMArena Text: business and finance | 1336 | Not measured | Only MiniMax M2 measured |
| Neither model has a result on the other 12 boards here | |||
Web designDirectional onlyPublic boards, shown as published, kept out of the index7 boards, none shared
| Benchmark | MiniMax M2 | Qwen3 Coder Next | Leader |
|---|---|---|---|
| Design Arena: websites | 1143 | Not measured | Only MiniMax M2 measured |
| Design Arena: UI components | 1136 | Not measured | Only MiniMax M2 measured |
| Design Arena: game dev | 1118 | Not measured | Only MiniMax M2 measured |
| Design Arena: data viz | 1140 | Not measured | Only MiniMax M2 measured |
| Design Arena: 3D | 1098 | Not measured | Only MiniMax M2 measured |
| Design Arena: all code categories | 1135 | Not measured | Only MiniMax M2 measured |
| Design Arena: SVG | 1100 | Not measured | Only 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 index20
| Benchmark | MiniMax M2 | Qwen3 Coder Next | Leader |
|---|---|---|---|
| IFBench | 72.3% | 35.2% | MiniMax M2 |
| Long context reasoning (AA-LCR) | 64.3% | 47.0% | MiniMax M2 |
| LMArena Text | 1340 | Not measured | Only MiniMax M2 measured |
| LMArena Text: instruction following | 1329 | Not measured | Only MiniMax M2 measured |
| LMArena Text: creative writing | 1286 | Not measured | Only MiniMax M2 measured |
| LMArena Text: English | 1364 | Not measured | Only MiniMax M2 measured |
| LMArena Text: non-English | 1313 | Not measured | Only MiniMax M2 measured |
| LMArena Text: Chinese | 1366 | Not measured | Only MiniMax M2 measured |
| LMArena Text: German | 1357 | Not measured | Only MiniMax M2 measured |
| LMArena Text: French | 1336 | Not measured | Only MiniMax M2 measured |
| LMArena Text: Spanish | 1326 | Not measured | Only MiniMax M2 measured |
| LMArena Text: Russian | 1330 | Not measured | Only MiniMax M2 measured |
| LMArena Text: Polish | 1312 | Not measured | Only MiniMax M2 measured |
| LMArena Text: multi-turn | 1361 | Not measured | Only MiniMax M2 measured |
| LMArena Text: longer queries | 1331 | Not measured | Only MiniMax M2 measured |
| LMArena Text: writing and language | 1295 | Not measured | Only MiniMax M2 measured |
| LMArena Text: entertainment and media | 1298 | Not measured | Only MiniMax M2 measured |
| Neither model has a result on the other 29 boards here | |||
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
| Benchmark | MiniMax M2 | Qwen3 Coder Next | Leader |
|---|---|---|---|
| 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
Qwen3 Coder Next costs less
Repository review
50K input + 3K output tokens
Qwen3 Coder Next costs less
Agent loop
200K input + 10K output tokens
Qwen3 Coder Next 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.
| Specification | MiniMax M2 | Qwen3 Coder Next |
|---|---|---|
| Maker | MiniMax | Qwen |
| Weights | Open weights | Open weights |
| Released | October 23, 2025 | February 4, 2026 |
| Context window | 205K | 262K |
| Input $/Mtok | $0.255 | $0.12 |
| Output $/Mtok | $1.02 | $0.80 |
| Coding index | Not benchmarked | Not benchmarked |
| Independent measurements behind it | 1 | 0 |
| Cost per solved task | $0.702 | Not computable |
| Source | OpenRouter listing | OpenRouter listing |
Questions
Is MiniMax M2 better than Qwen3 Coder Next for coding?
Neither model has a coding score yet, so the two cannot be ranked on coding. Compare them on price, context and the boards below.
Which is cheaper, MiniMax M2 or Qwen3 Coder Next?
MiniMax M2 costs $0.255 per million input tokens and $1.02 per million output tokens; Qwen3 Coder Next costs $0.12 and $0.80. Cost per solved task is known for MiniMax M2 only.
Which has the bigger context window, MiniMax M2 or Qwen3 Coder Next?
Qwen3 Coder Next, with 262K tokens against 205K.
How many benchmarks is the MiniMax M2 vs Qwen3 Coder Next comparison based on?
7 benchmarks have a result for both models as of October 21, 2026. MiniMax M2's coding index rests on 1 independent benchmark and Qwen3 Coder Next's on 0. Where only one model has a result, the page says so instead of naming a winner.