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Comparison · 3 models · Updated Oct 4, 2026

Laguna M.1 vs MiniMax-M2.5-highspeed vs Qwen3.5 122B-A10B

Laguna M.1 comes out ahead, 68 to 58 and 41 on our weighted score, and it is the cheaper option too.

  1. Our pick

    Poolside

    Laguna M.1

    Released Apr 28, 2026

    68/100
    • ECI—
    • PriceFree / Free
    • Context262K
  2. MiniMax

    MiniMax-M2.5-highspeed

    Released Feb 13, 2026

    41/100
    • ECI—
    • Price$0.60 / $2.40
    • Context205K
  3. Alibaba (Qwen)

    Qwen3.5 122B-A10B

    Released Feb 23, 2026

    58/100
    • ECI—
    • Price$0.40 / $3.20
    • Context262K
01 — Verdict

Laguna M.1 is our pick

Laguna M.1 is the better all-round choice, scoring 68/100 against Qwen3.5 122B-A10B (58) and MiniMax-M2.5-highspeed (41). It leads on price. Qwen3.5 122B-A10B wins on inputs & features. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest priceLaguna M.1Laguna M.1 Free · MiniMax-M2.5-highspeed $1.05 · Qwen3.5 122B-A10B $1.10 per 1M tokens (3:1 blend)
  • Longest contextLaguna M.1 and Qwen3.5 122B-A10BLaguna M.1 262,144 · Qwen3.5 122B-A10B 262,144 · MiniMax-M2.5-highspeed 204,800 tokens
  • Widest inputsQwen3.5 122B-A10BLaguna M.1: Text · MiniMax-M2.5-highspeed: Text · Qwen3.5 122B-A10B: Text, Images, Audio, Video
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightLaguna M.1MiniMax-M2.5-highspeedQwen3.5 122B-A10B
Price50%1004948
Inputs & features30%353590
Context window20%373237
Overall100%68/10041/10058/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

Laguna M.1 vs MiniMax-M2.5-highspeed vs Qwen3.5 122B-A10B specifications side by side
SpecificationLaguna M.1PoolsideMiniMax-M2.5-highspeedMiniMaxQwen3.5 122B-A10BAlibaba (Qwen)
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
InputFree (best)$0.60$0.40
OutputFree (best)$2.40$3.20
Cached input—$0.06—
Blended (3:1)Free (best)$1.05$1.10
Long-context rateSame rateSame rateSame rate
Price sourceOfficial Poolside APIOfficial MiniMax (minimax.io) APIOfficial Alibaba API
Limits
Context window262,144 tokens (best)204,800 tokens262,144 tokens (best)
Max output32,768 tokens131,072 tokens (best)65,536 tokens
Inputs and features
TextYesYesYes
ImagesNoNoYes
PDFsNoNoNo
AudioNoNoYes
VideoNoNoYes
ReasoningYesYesYes
Tool callingYesYesYes
Structured outputNoNoYes
Availability
WeightsOpenOpenOpen
API model IDpoolside/laguna-m.1MiniMax-M2.5-highspeedqwen3.5-122b-a10b
API providers2719 (best)
ReleasedApr 28, 2026Feb 13, 2026Feb 23, 2026
Knowledge cutoff———
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • Laguna M.1Free
  • MiniMax-M2.5-highspeed$10.80
  • Qwen3.5 122B-A10B$10.40
04 — Questions

Which should you choose?

Which is better: Laguna M.1, MiniMax-M2.5-highspeed or Qwen3.5 122B-A10B?

Laguna M.1 is the better all-round choice, scoring 68/100 against Qwen3.5 122B-A10B (58) and MiniMax-M2.5-highspeed (41). It leads on price. Qwen3.5 122B-A10B wins on inputs & features. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, Laguna M.1, MiniMax-M2.5-highspeed or Qwen3.5 122B-A10B?

Laguna M.1 is cheaper at Free input / Free output per million tokens (official Poolside API price). MiniMax-M2.5-highspeed costs $0.60 input / $2.40 output per million tokens (official MiniMax (minimax.io) API price); Qwen3.5 122B-A10B costs $0.40 input / $3.20 output per million tokens (official Alibaba API price). Laguna M.1 is listed as free.

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. Laguna M.1 has not been scored yet, MiniMax-M2.5-highspeed has not been scored yet and Qwen3.5 122B-A10B has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Laguna M.1, MiniMax-M2.5-highspeed and Qwen3.5 122B-A10B yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. All three support tool calling for agent workflows.

Which has the bigger context window?

Laguna M.1 and Qwen3.5 122B-A10B have the largest context windows (262,144 and 262,144 tokens), against 204,800 for MiniMax-M2.5-highspeed. Maximum output per response: Laguna M.1 up to 32,768, MiniMax-M2.5-highspeed up to 131,072, Qwen3.5 122B-A10B up to 65,536 tokens.

Which can read images, PDFs, audio or video?

Laguna M.1 accepts text; MiniMax-M2.5-highspeed accepts text; Qwen3.5 122B-A10B accepts text, images, audio and video. Qwen3.5 122B-A10B handles the widest range of inputs.

Are any of these open source?

Yes, all three publish their weights, so you can self-host them.

Which is newer?

Laguna M.1 is the newest, released Apr 28, 2026. Qwen3.5 122B-A10B came out Feb 23, 2026; MiniMax-M2.5-highspeed came out Feb 13, 2026.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Oct 4, 2026.