Compare/MiniMax-M3 vs Qwen3 Coder Next

MiniMax-M3vsQwen3 Coder Next

Side-by-side comparison of pricing, 12 benchmarks, and generation speed.

MiniMax

MiniMax-M3

Input
$0.3/M
Output
$1.2/M
Speed
97 tok/s
TTFT
1.43s
Alibaba

Qwen3 Coder Next

Input
$0.35/M
Output
$1.2/M
Speed
89 tok/s
TTFT
1.26s

Winner by Category

Cheaper
MiniMax-M3
Faster (tok/s)
MiniMax-M3
Lower Latency
Qwen3 Coder Next
Benchmarks (7-0)
MiniMax-M3

Pricing Comparison

MetricMiniMax-M3Qwen3 Coder Next
Input ($/M tokens)$0.3$0.35
Output ($/M tokens)$1.2$1.2
Cost for 1M input + 100K output tokens:
MiniMax-M3$0.42
Qwen3 Coder Next$0.47

Speed Comparison

Output Speed (tokens/s) — higher is better
MiniMax-M3
97 tok/s
Qwen3 Coder Next
89 tok/s
Time to First Token (seconds) — lower is better
MiniMax-M3
1.43s
Qwen3 Coder Next
1.26s

Benchmark Comparison

Data from Artificial Analysis API — 12 benchmarks

Intelligence Index
44.421.1
Coding Index
58.636.2
Math Index
GPQA Diamond
92.9%73.7%
MMLU-Pro
LiveCodeBench
AIME 2025
MATH-500
Humanity's Last Exam
37.1%9.3%
SciCode
45.4%32.3%
IFBench
82.9%35.2%
TerminalBench
42.4%18.2%
MiniMax-M37 wins
0 winsQwen3 Coder Next

Frequently Asked Questions

Which is cheaper, MiniMax-M3 or Qwen3 Coder Next?

MiniMax-M3 is cheaper overall. Its blended price (3:1 input/output ratio) is $0.53/M tokens vs $0.56/M for Qwen3 Coder Next.

Which model performs better on benchmarks?

MiniMax-M3 wins 7 out of 12 benchmarks compared to 0 for Qwen3 Coder Next. See the detailed benchmark chart above for per-category results.

Which is faster for real-time applications?

MiniMax-M3 generates tokens faster at 97 tok/s vs 89 tok/s. However, Qwen3 Coder Next has lower time-to-first-token (1.26s vs 1.43s).

When should I use MiniMax-M3 vs Qwen3 Coder Next?

Choose based on your priorities: MiniMax-M3 for lower cost, MiniMax-M3 for stronger benchmark performance, and MiniMax-M3 for faster generation. For latency-sensitive apps, check the TTFT comparison above.