Is Qwen3 Max (2026-01-23) or MiniMax-M2 cheaper?

MiniMax-M2 is cheaper on output tokens ($1.00 vs $6.00 per 1M).

Which has the larger context window, Qwen3 Max (2026-01-23) or MiniMax-M2?

Qwen3 Max (2026-01-23) has the larger context window (262K tokens).

Qwen3 Max (2026-01-23) vs MiniMax-M2

MiniMax-M2 is cheaper on output tokens, while Qwen3 Max (2026-01-23) offers a larger context window. Choose Qwen3 Max (2026-01-23) or MiniMax-M2 based on the trade-off between cost, context, and the benchmarks that matter for your use case.

Spec	Qwen3 Max (2026-01-23)	MiniMax-M2
Provider	LLM Gateway	LLM Gateway
Input / 1M tokens	$1.20	$0.20
Output / 1M tokens	$6.00	$1.00
Context window	262K	197K
Parameters	—	229B
Open weights	No	Yes
Released	Jan 2026	Oct 2025

Qwen3 Max (2026-01-23) details →MiniMax-M2 details →

FAQ

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