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QwQ 32B vs MiniMax M3 Thinking

QwQ 32B is cheaper on output tokens, while MiniMax M3 Thinking offers a larger context window. Choose QwQ 32B or MiniMax M3 Thinking based on the trade-off between cost, context, and the benchmarks that matter for your use case.

SpecQwQ 32BMiniMax M3 Thinking
ProviderAlibaba (China)NanoGPT
Input / 1M tokens$0.29$0.23
Output / 1M tokens$0.86$0.96
Context window131K512K
Parameters33B—
Open weightsYesYes
ReleasedDec 2024Jun 2026
Aider Polyglot score20.9—
GPQA Diamond score65.3—
Epoch Capabilities Index score138—
LMArena (Chatbot Arena) Elo score1329—
LiveBench score—70.0

FAQ

Is QwQ 32B or MiniMax M3 Thinking cheaper?

QwQ 32B is cheaper on output tokens ($0.86 vs $0.96 per 1M).

Which has the larger context window, QwQ 32B or MiniMax M3 Thinking?

MiniMax M3 Thinking has the larger context window (512K tokens).

Pricing is indicative — confirm with the provider before production use. Highlighted values indicate the better figure for that row.