Is GLM 4.5 or MiniMax M2 cheaper?

MiniMax M2 is cheaper on output tokens ($1.20 vs $1.54 per 1M).

Which has the larger context window, GLM 4.5 or MiniMax M2?

MiniMax M2 has the larger context window (204K tokens).

GLM 4.5 vs MiniMax M2

MiniMax M2 is cheaper on output tokens, while MiniMax M2 offers a larger context window. Choose GLM 4.5 or MiniMax M2 based on the trade-off between cost, context, and the benchmarks that matter for your use case.

Spec	GLM 4.5	MiniMax M2
Provider	ZenMux	ZenMux
Input / 1M tokens	$0.35	$0.30
Output / 1M tokens	$1.54	$1.20
Context window	128K	204K
Parameters	355B	229B
Open weights	No	No
Released	Jul 2025	Oct 2025

GLM 4.5 details →MiniMax M2 details →

FAQ

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