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MiniMax M3 vs Qwen3.5-27B

MiniMax M3 leads Qwen3.5-27B on the Artificial Analysis Intelligence Index, 29.2 to 22.9, and MiniMax M3 costs 1.3x less per output token ($1.20 vs $1.56 per million). Updated October 22, 2026; 51 benchmarks have a result for both.

MiniMax M3MiniMax
Coding
39.2
Overall
51.7
Output $/M
$1.20
46
Qwen3.5-27BQwen
Coding
No data
Overall
No data
Output $/M
$1.56
5
vs boards won of 51 shared

MiniMax M3 or Qwen3.5-27B: which to pick

Only MiniMax M3 has a coding score, 39.2 on the Vibe Coding Index; Qwen3.5-27B has none, so the two cannot be ranked on coding.

Pick Qwen3.5-27B for work measured by τ²-Bench Telecom or DTBench, where it leads.

Shared results
51
MiniMax M3 only
66
Qwen3.5-27B only
3
Like-for-like categories
7 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 M3 39.2 from 6 benchmarks, Qwen3.5-27B not benchmarked.
Widest category
Coding, 12.0 points apart on average over 7 shared benchmarks.
Widest single gap
LMArena WebDev: React: MiniMax M3 1478 against Qwen3.5-27B 1346, 22.0 points apart on a 0 to 100 scale.
Output price
MiniMax M3 $1.20 against Qwen3.5-27B $1.56 per million output tokens, 1.3x apart.
Context window
MiniMax M3 takes 1.05M tokens, Qwen3.5-27B 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.

Boards won, where both have a result
CategoryMiniMax M3BarsQwen3.5-27BTies
Coding70
Intelligence10
Agentic work11
Reasoning70
Math20
Knowledge40
General244
All shared boards465
CodingLike-for-likeSix of these boards feed the Vibe Coding Index70
Coding benchmarks for MiniMax M3 and Qwen3.5-27B
BenchmarkMiniMax M3Qwen3.5-27BLeader
LiveBench coding70.9%Not measuredOnly MiniMax M3 measured
LMArena WebDev14821358MiniMax M3
AA Coding Index58.6Not measuredOnly MiniMax M3 measured
LiveCodeBench (Vals AI)82.2%Not measuredOnly MiniMax M3 measured
SWE-bench Verified (Vals AI)75.0%Not measuredOnly MiniMax M3 measured
Terminal-Bench 4 (Vals AI)1.0%Not measuredOnly MiniMax M3 measured
Vibe Code Bench (Vals AI)47.6%Not measuredOnly MiniMax M3 measured
Code migration (Vals AI)19.9%Not measuredOnly MiniMax M3 measured
Terminal-Bench 2.1 (Vals AI)53.6%Not measuredOnly MiniMax M3 measured
SWE-bench Multimodal (Vals AI)33.3%Not measuredOnly MiniMax M3 measured
Vibe Code Bench 1-100 (Vals AI)9.2%Not measuredOnly MiniMax M3 measured
SkillsBench (Vals AI)51.5%Not measuredOnly MiniMax M3 measured
CyberBench (Vals AI)65.0%Not measuredOnly MiniMax M3 measured
SciCode47.1%Not measuredOnly MiniMax M3 measured
Terminal-Bench Hard (Artificial Analysis run)42.4%32.6%MiniMax M3
FrontierCode14.7%Not measuredOnly MiniMax M3 measured
WeirdMLNot measured39.5%Only Qwen3.5-27B measured
ALE-Bench640.0349.4MiniMax M3
LMArena Text: coding14701427MiniMax M3
LMArena Text: software and IT14661431MiniMax M3
LMArena WebDev: React14781346MiniMax M3
LMArena WebDev: HTML14551386MiniMax M3
LMArena WebDev: from an image1470Not measuredOnly MiniMax M3 measured
Neither model has a result on the other 20 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index10
Intelligence benchmarks for MiniMax M3 and Qwen3.5-27B
BenchmarkMiniMax M3Qwen3.5-27BLeader
AA Intelligence Index29.222.9MiniMax M3
Epoch Capabilities Index146.9Not measuredOnly MiniMax M3 measured
Agentic workLike-for-likePublic boards, shown as published, kept out of the index11
Agentic work benchmarks for MiniMax M3 and Qwen3.5-27B
BenchmarkMiniMax M3Qwen3.5-27BLeader
AA Agentic Index29.5Not measuredOnly MiniMax M3 measured
Design Arena: agents building web apps1200Not measuredOnly MiniMax M3 measured
Design Arena: agents building full-stack apps1197Not measuredOnly MiniMax M3 measured
Design Arena: agents building mobile apps1169Not measuredOnly MiniMax M3 measured
Design Arena: agents building Android apps1158Not measuredOnly MiniMax M3 measured
Design Arena: agents building games1159Not measuredOnly MiniMax M3 measured
Design Arena: HTML slides1120Not measuredOnly MiniMax M3 measured
Design Arena: PowerPoint slides1178Not measuredOnly MiniMax M3 measured
Design Arena: spreadsheets1042Not measuredOnly MiniMax M3 measured
LiveBench research68.0%Not measuredOnly MiniMax M3 measured
LiveBench browser8.0%Not measuredOnly MiniMax M3 measured
LiveBench long agentic12.4%Not measuredOnly MiniMax M3 measured
Finance Agent (Vals AI)48.3%Not measuredOnly MiniMax M3 measured
Tax Agent Bench (Vals AI)20.6%Not measuredOnly MiniMax M3 measured
Legal Research Bench (Vals AI)29.8%Not measuredOnly MiniMax M3 measured
Excel Modeling Benchmark (Vals AI)47.8%Not measuredOnly MiniMax M3 measured
τ²-Bench Telecom88.9%93.9%Qwen3.5-27B
APEX-Agents37.7%Not measuredOnly MiniMax M3 measured
OSWorld 2.04.6%Not measuredOnly MiniMax M3 measured
Vending-Bench 2$2,158$202MiniMax M3
Neither model has a result on the other 22 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index70
Reasoning benchmarks for MiniMax M3 and Qwen3.5-27B
BenchmarkMiniMax M3Qwen3.5-27BLeader
GPQA Diamond92.7%Not measuredOnly MiniMax M3 measured
LiveBench reasoning74.5%Not measuredOnly MiniMax M3 measured
MMMU Pro (Vals AI)81.2%Not measuredOnly MiniMax M3 measured
GPQA Diamond (Artificial Analysis run)92.9%85.8%MiniMax M3
Humanity's Last Exam (Artificial Analysis run)39.0%23.9%MiniMax M3
GPQA Diamond (Epoch AI run)90.9%Not measuredOnly MiniMax M3 measured
SimpleBench45.8%Not measuredOnly MiniMax M3 measured
Chess puzzles13.0%Not measuredOnly MiniMax M3 measured
Mystery game puzzles8.0%Not measuredOnly MiniMax M3 measured
LMArena Text: hard prompts14471415MiniMax M3
LMArena Text: expert14611427MiniMax M3
LMArena Text: hard prompts in English14551429MiniMax M3
LMArena Vision: diagrams12661249MiniMax M3
LMArena Vision: homework12681256MiniMax M3
Neither model has a result on the other 9 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index20
Math benchmarks for MiniMax M3 and Qwen3.5-27B
BenchmarkMiniMax M3Qwen3.5-27BLeader
OTIS Mock AIME71.1%Not measuredOnly MiniMax M3 measured
ProofBench18.0%Not measuredOnly MiniMax M3 measured
LMArena Text: math14291429MiniMax M3
LMArena Text: mathematical work14481429MiniMax M3
MathArenaNot measured15.8%Only Qwen3.5-27B measured
Neither model has a result on the other 9 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index40
Knowledge benchmarks for MiniMax M3 and Qwen3.5-27B
BenchmarkMiniMax M3Qwen3.5-27BLeader
MMLU Pro84.2%Not measuredOnly MiniMax M3 measured
LegalBench (Vals AI)85.4%Not measuredOnly MiniMax M3 measured
CorpFin (Vals AI)68.1%Not measuredOnly MiniMax M3 measured
TaxEval (Vals AI)72.7%Not measuredOnly MiniMax M3 measured
MortgageTax (Vals AI)68.4%Not measuredOnly MiniMax M3 measured
MedCode (Vals AI)46.3%Not measuredOnly MiniMax M3 measured
LMArena Text: science14521437MiniMax M3
LMArena Text: medicine and healthcare14411425MiniMax M3
LMArena Text: legal and government14371405MiniMax M3
LMArena Text: business and finance14341399MiniMax M3
Neither model has a result on the other 10 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index9 boards, none shared
Web design benchmarks for MiniMax M3 and Qwen3.5-27B
BenchmarkMiniMax M3Qwen3.5-27BLeader
Design Arena: websites1257Not measuredOnly MiniMax M3 measured
Design Arena: UI components1243Not measuredOnly MiniMax M3 measured
Design Arena: game dev1210Not measuredOnly MiniMax M3 measured
Design Arena: data viz1236Not measuredOnly MiniMax M3 measured
Design Arena: 3D1208Not measuredOnly MiniMax M3 measured
Design Arena: all code categories1246Not measuredOnly MiniMax M3 measured
Design Arena: SVG1160Not measuredOnly MiniMax M3 measured
Design Arena: ASCII art1161Not measuredOnly MiniMax M3 measured
LiveBench design66.2%Not measuredOnly MiniMax M3 measured
GeneralLike-for-likePublic boards, shown as published, kept out of the index244
General benchmarks for MiniMax M3 and Qwen3.5-27B
BenchmarkMiniMax M3Qwen3.5-27BLeader
LiveBench data analysis76.2%Not measuredOnly MiniMax M3 measured
Public Benefits Bench (Vals AI)64.1%Not measuredOnly MiniMax M3 measured
SAGE (Vals AI)50.6%Not measuredOnly MiniMax M3 measured
MedScribe (Vals AI)87.3%Not measuredOnly MiniMax M3 measured
Vals Multimodal Index60.0%Not measuredOnly MiniMax M3 measured
IFBench82.9%75.6%MiniMax M3
Long context reasoning (AA-LCR)83.0%77.7%MiniMax M3
DTBench78.9%82.4%Qwen3.5-27B
LMCA33.7%34.0%Qwen3.5-27B
Surface Evolver Bench55.0%Not measuredOnly MiniMax M3 measured
LMArena Text14331409MiniMax M3
LMArena Text: instruction following14331393MiniMax M3
LMArena Text: creative writing14041362MiniMax M3
LMArena Vision12511241MiniMax M3
LMArena Text: English14431425MiniMax M3
LMArena Text: non-English14201390MiniMax M3
LMArena Text: Chinese14661478Qwen3.5-27B
LMArena Text: German14281392MiniMax M3
LMArena Text: Japanese13801346MiniMax M3
LMArena Text: Korean13731359MiniMax M3
LMArena Text: French14441410MiniMax M3
LMArena Text: Spanish14331407MiniMax M3
LMArena Text: Russian14261390MiniMax M3
LMArena Text: Polish14231375MiniMax M3
LMArena Text: multi-turn14431410MiniMax M3
LMArena Text: longer queries14461413MiniMax M3
LMArena Text: writing and language14191380MiniMax M3
LMArena Text: entertainment and media14031363MiniMax M3
LMArena Vision: English12631246MiniMax M3
LMArena Vision: Chinese13111301MiniMax M3
LMArena Vision: reading text12591246MiniMax M3
LMArena Vision: humor12351227MiniMax M3
LMArena Vision: captioningNot measured1170Only Qwen3.5-27B measured
LMArena Vision: recognizing things11971210Qwen3.5-27B
LMArena Vision: creative writing12341224MiniMax M3
LMArena Document1435Not measuredOnly MiniMax M3 measured
EQ-Bench 41150Not measuredOnly MiniMax M3 measured
Neither model has a result on the other 11 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for MiniMax M3 and Qwen3.5-27B
BenchmarkMiniMax M3Qwen3.5-27BLeader
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 M3$0.0009Fits in one request
Qwen3.5-27B$0.0010Fits in one request

MiniMax M3 costs less

Repository review

50K input + 3K output tokens

MiniMax M3$0.019Fits in one request
Qwen3.5-27B$0.014Fits in one request

Qwen3.5-27B costs less

Agent loop

200K input + 10K output tokens

MiniMax M3$0.072Fits in one request
Qwen3.5-27B$0.055Fits in one request

Qwen3.5-27B 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 M3 and Qwen3.5-27B
SpecificationMiniMax M3Qwen3.5-27B
MakerMiniMaxQwen
WeightsOpen weightsOpen weights
ReleasedMay 31, 2026February 25, 2026
Context window1.05M262K
Input $/Mtok$0.30$0.195
Output $/Mtok$1.20$1.56
Coding index39.2Not benchmarked
Independent measurements behind it61
Cost per solved task$0.56Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M3 better than Qwen3.5-27B for coding?

Only MiniMax M3 has a coding score, 39.2 on the Vibe Coding Index; Qwen3.5-27B has none, so the two cannot be ranked on coding. Pick Qwen3.5-27B for work measured by τ²-Bench Telecom or DTBench, where it leads.

Which is cheaper, MiniMax M3 or Qwen3.5-27B?

MiniMax M3 costs $0.30 per million input tokens and $1.20 per million output tokens; Qwen3.5-27B costs $0.195 and $1.56. Cost per solved task is known for MiniMax M3 only.

Which has the bigger context window, MiniMax M3 or Qwen3.5-27B?

MiniMax M3, with 1.05M tokens against 262K.

How many benchmarks is the MiniMax M3 vs Qwen3.5-27B comparison based on?

51 benchmarks have a result for both models as of October 22, 2026. MiniMax M3's coding index rests on 6 independent benchmarks and Qwen3.5-27B's on 1. Where only one model has a result, the page says so instead of naming a winner.

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