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Comparison · 3 models · Updated Oct 4, 2026

Mercury 2 vs MiniMax-M2.7-highspeed vs Nemotron Cascade 2 30B A3B

Too close to call on our weighted score (Mercury 2 37, Nemotron Cascade 2 30B A3B 35, MiniMax-M2.7-highspeed 34). The right pick depends on what you value most.

  1. Inception

    Mercury 2

    Released Feb 24, 2026

    37/100
    • ECI—
    • Price$0.25 / $0.75
    • Context128K
  2. MiniMax

    MiniMax-M2.7-highspeed

    Released Mar 18, 2026

    34/100
    • ECI—
    • Price$0.60 / $2.40
    • Context205K
  3. NVIDIA

    Nemotron Cascade 2 30B A3B

    Released Mar 24, 2026

    35/100
    • ECI—
    • Price—
    • Context256K
01 — Verdict

Too close to call

It is close. Our weighted score puts them within 1 points (Mercury 2 37/100, Nemotron Cascade 2 30B A3B 35/100, MiniMax-M2.7-highspeed 34/100), so choose by what matters most for your work: Mercury 2 on price and Nemotron Cascade 2 30B A3B for long inputs. The score weighs inputs & features 60%, context window 40%. 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 priceMercury 2Mercury 2 $0.375 · MiniMax-M2.7-highspeed $1.05 per 1M tokens (3:1 blend) · Nemotron Cascade 2 30B A3B unpriced
  • Longest contextNemotron Cascade 2 30B A3BNemotron Cascade 2 30B A3B 256,000 · MiniMax-M2.7-highspeed 204,800 · Mercury 2 128,000 tokens
  • Widest inputsSame inputsMercury 2: Text · MiniMax-M2.7-highspeed: Text · Nemotron Cascade 2 30B A3B: Text
  • Self-hostingMiniMax-M2.7-highspeed and Nemotron Cascade 2 30B A3BPublishes downloadable weights
How the score is built
MeasureWeightMercury 2MiniMax-M2.7-highspeedNemotron Cascade 2 30B A3B
Inputs & features60%453535
Context window40%243236
Overall100%37/10034/10035/100

Left out because at least one model lacks the data: capability and price. 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.

Mercury 2 vs MiniMax-M2.7-highspeed vs Nemotron Cascade 2 30B A3B specifications side by side
SpecificationMercury 2InceptionMiniMax-M2.7-highspeedMiniMaxNemotron Cascade 2 30B A3BNVIDIA
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$0.25 (best)$0.60—
Output$0.75 (best)$2.40—
Cached input$0.025 (best)$0.06—
Blended (3:1)$0.375 (best)$1.05—
Long-context rateSame rateSame rate—
Price sourceOfficial Inception APIOfficial MiniMax (minimax.io) API—
Limits
Context window128,000 tokens204,800 tokens256,000 tokens (best)
Max output50,000 tokens131,072 tokens (best)32,768 tokens
Inputs and features
TextYesYesYes
ImagesNoNoNo
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningYeslow · medium · highYesYes
Tool callingYesYesYes
Structured outputYesNoNo
Availability
WeightsProprietaryOpenOpen
API model IDmercury-2MiniMax-M2.7-highspeed—
API providers114 (best)—
ReleasedFeb 24, 2026Mar 18, 2026Mar 24, 2026
Knowledge cutoffJan 1, 2025——
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.

  • Mercury 2$4.00
  • MiniMax-M2.7-highspeed$10.80
  • Nemotron Cascade 2 30B A3B—
04 — Questions

Which should you choose?

Which is better: Mercury 2, MiniMax-M2.7-highspeed or Nemotron Cascade 2 30B A3B?

It is close. Our weighted score puts them within 1 points (Mercury 2 37/100, Nemotron Cascade 2 30B A3B 35/100, MiniMax-M2.7-highspeed 34/100), so choose by what matters most for your work: Mercury 2 on price and Nemotron Cascade 2 30B A3B for long inputs. The score weighs inputs & features 60%, context window 40%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, Mercury 2, MiniMax-M2.7-highspeed or Nemotron Cascade 2 30B A3B?

Mercury 2 is cheaper at $0.25 input / $0.75 output per million tokens (official Inception API price). MiniMax-M2.7-highspeed costs $0.60 input / $2.40 output per million tokens (official MiniMax (minimax.io) API price). At a typical mix of three input tokens to one output token, that is $0.375 per million tokens for Mercury 2 versus $1.05 for MiniMax-M2.7-highspeed (2.8× as much). Nemotron Cascade 2 30B A3B has no published per-token price.

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. Mercury 2 has not been scored yet, MiniMax-M2.7-highspeed has not been scored yet and Nemotron Cascade 2 30B A3B has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Mercury 2, MiniMax-M2.7-highspeed and Nemotron Cascade 2 30B A3B 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?

Nemotron Cascade 2 30B A3B has the largest context window at 256,000 tokens, against 204,800 for MiniMax-M2.7-highspeed and 128,000 for Mercury 2. Maximum output per response: Mercury 2 up to 50,000, MiniMax-M2.7-highspeed up to 131,072, Nemotron Cascade 2 30B A3B up to 32,768 tokens.

Which can read images, PDFs, audio or video?

Mercury 2 accepts text; MiniMax-M2.7-highspeed accepts text; Nemotron Cascade 2 30B A3B accepts text. They handle the same number of input types.

Are any of these open source?

MiniMax-M2.7-highspeed and Nemotron Cascade 2 30B A3B publishes its weights and can be self-hosted; Mercury 2 is proprietary.

Which is newer?

Nemotron Cascade 2 30B A3B is the newest, released Mar 24, 2026. MiniMax-M2.7-highspeed came out Mar 18, 2026; Mercury 2 came out Feb 24, 2026. Knowledge cutoff: Mercury 2 Jan 1, 2025.

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.