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MiniMax M3 vs Qwen3 Max

MiniMax M3

MiniMax

74#131
vs
Qwen3 Max

Alibaba

67#176
Signal-by-Signal Comparison
SignalMiniMax M3DeltaQwen3 Max
Capabilities
83
+33
50
Benchmarks
73
+4
69
Pricing
99
+3
96
Context window size
96
+10
86
Recency
100
+25
75
Output Capacity
95
+15
80
Overall Result
6 wins
of 6
0 wins
MiniMax M3 wins 6 of 6 signals

Score History

Score History (25 data points)
MiniMax M3Qwen3 Max
MiniMax M3

74.3

current score

Leader

MiniMax M3

right now

Qwen3 Max

67.4

current score

LMMarketCap.com
Interactive Price Comparison
100Kcalls/month
1,000tokens (~1,333 chars)
500tokens (~667 chars)

MiniMax M3

MiniMax

Best Value
Per request$0.000900
Daily$3.00
Monthly$90.00
Annual$1080.00

Qwen3 Max

Alibaba

Per request$0.002730
Daily$9.10
Monthly$273.00
Annual$3276.00

MiniMax M3 saves you $183.00/month

That's $2196.00/year compared to Qwen3 Max at your current usage level of 100K calls/month.

67% cheaper
Choose MiniMax M3 for cost optimization

MiniMax M3 pricing:
Input:$0.30/M tokens
Output:$1.20/M tokens
Qwen3 Max pricing:
Input:$0.78/M tokens
Output:$3.90/M tokens
Winner
MiniMax M3

MiniMax

74

Composite Score

Qwen3 Max

Alibaba

67

Composite Score

Signal-by-Signal Comparison
MetricMiniMax M3Qwen3 MaxWinner
Overall Score
74
67
MiniMax M3
Rank#131#176
MiniMax M3
Quality Rank#131#176
MiniMax M3
Adoption Rank#131#176
MiniMax M3
Parameters------
Context Window1049K262K
MiniMax M3
Pricing$0.30/$1.20/M$0.78/$3.90/M--
Signal Scores
Capabilities
83
50
MiniMax M3
Benchmarks
73
69
MiniMax M3
Pricing
99
96
MiniMax M3
Context window size
96
86
MiniMax M3
Recency
100
75
MiniMax M3
Output Capacity
95
80
MiniMax M3
Benchmark Head-to-Head(2 benchmarks)
MiniMax M3: 0Qwen3 Max: 0
MiniMax M3
Qwen3 Max
Normalized 0-100%
MMLU-Pro
-85.7%
Arena Elo
1445-
Benchmark Interpretation

Our score (0-100) is driven by benchmark performance (90%) from Arena Elo ratings, MMLU, GPQA, HumanEval, SWE-bench, and 15+ standardized evaluations. Capabilities and context window serve as tiebreakers (10%). Learn more about our methodology.

MiniMax M3Strong Performer

Scores 74/100 (rank #131), placing it in the top 55% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100
Qwen3 MaxCompetitive

Scores 67/100 (rank #176), placing it in the top 40% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100

MiniMax M3 has a 7-point advantage, which typically translates to noticeably better performance on complex reasoning, code generation, and multi-step tasks.

When to Use Each Model

Choose MiniMax M3 when you need:

  • High-volume production workloads where API costs must be minimized
  • Processing long documents or large codebases (1049K token context)
  • Multimodal workflows that require image understanding
  • Step-by-step reasoning and chain-of-thought problem solving
  • Self-hosted deployments where you need full control over the model

Choose Qwen3 Max when you need:

  • Budget-friendly applications with moderate quality requirements
Cost-Performance Analysis
MiniMax M3Best Value
Input cost$0.30/M tokens
Output cost$1.20/M tokens
Cost per quality point$0.020
Est. monthly (1M tokens/day)$22.50
Qwen3 Max
Input cost$0.78/M tokens
Output cost$3.90/M tokens
Cost per quality point$0.069
Est. monthly (1M tokens/day)$70.20

MiniMax M3 offers 68% better value per quality point. At 1M tokens/day, you'd spend $22.50/month with MiniMax M3 vs $70.20/month with Qwen3 Max - a $47.70 monthly difference.

Latency & Speed
MiniMax M3Faster
Speed score0/100
Qwen3 Max
Speed score0/100

Both models have comparable response speeds. For most applications, the latency difference is negligible.

When latency matters most: Interactive chatbots, IDE code completion, real-time translation, and user-facing applications where response time directly impacts experience. For batch processing, background summarization, or offline analysis, latency is less critical.

Example Use Cases

Code generation & review

Based on overall model capabilities and architecture for coding tasks like generating functions, debugging, and refactoring

MiniMax M3

Customer support chatbot

Suitable for user-facing chat with competitive response times. MiniMax M3 also offers lower per-token costs for high-volume support

MiniMax M3

Long document analysis

Larger context window (1049K tokens) can process longer documents, contracts, and research papers in a single pass

MiniMax M3

Batch data extraction

Lower output pricing ($1.20/M) reduces costs when processing thousands of records daily

MiniMax M3

Creative writing & content

Higher overall composite score (74/100) correlates with better nuance, coherence, and style in long-form content

MiniMax M3

Image understanding & OCR

Supports vision input - can analyze screenshots, diagrams, photos, and scanned documents directly

MiniMax M3
Which Should You Choose?
Our recommendation:
MiniMax M3

MiniMax M3 has a moderate advantage with a 6.8999999999999915-point lead in composite score. It wins on more signal dimensions, but Qwen3 Max has specific strengths that could make it the better choice for certain workflows.

MiniMax M3
Recommended

by MiniMax

  • Choose for Quality - Marginally better benchmark scores; both are excellent
  • Choose for Cost - 68% lower pricing; better value at scale
  • Choose for Reliability - Higher uptime and faster response speeds
  • Choose for Prototyping - Stronger community support and better developer experience
  • Choose for Production - Wider enterprise adoption and proven at scale

by Alibaba

Consider for specialized use cases.

Capability Comparison
CapabilityMiniMax M3Qwen3 Max
Vision (Image Input)differs
Function Calling
Streaming
JSON Mode
Reasoningdiffers
Web Search
Image Output
Monthly Cost Calculator
1,000tokens (600 in / 400 out)
100requests/day (3,000/month)

MiniMax M3

MiniMax

Best Value
$1.98
estimated monthly cost

Qwen3 Max

Alibaba

$6.08
estimated monthly cost

MiniMax M3 saves you $4.10/month

That's 67% cheaper than Qwen3 Max at 1,000 tokens/request and 100 requests/day.

Assumes 60% input / 40% output token ratio per request. Actual costs may vary based on your usage pattern.

Parameters & Context
ParameterMiniMax M3Qwen3 Max
Context Window1.0M262K
Max Output Tokens512,00065,536
Open SourceYesNo
CreatedMay 31, 2026Sep 23, 2025
Last updated: 39m ago

相关对比

MiniMax M3 vs Qwen3 Max (2026) | LM Market Cap