MiniMax-M2.5-highspeed vs Qwen3.5 122B-A10B vs Qwen3.5 397B-A17B
Too close to call on our weighted score (Qwen3.5 122B-A10B 58, Qwen3.5 397B-A17B 56, MiniMax-M2.5-highspeed 41). The right pick depends on what you value most.
MiniMaxMiniMax-M2.5-highspeed
41/100- ECI—
- Price$0.60 / $2.40
- Context205K
Alibaba (Qwen)Qwen3.5 122B-A10B
58/100- ECI—
- Price$0.40 / $3.20
- Context262K
- Alibaba (Qwen)
Qwen3.5 397B-A17B
56/100- ECI146.7
- Price$0.60 / $3.60
- Context262K
Too close to call
It is close. Our weighted score puts them within 2 points (Qwen3.5 122B-A10B 58/100, Qwen3.5 397B-A17B 56/100, MiniMax-M2.5-highspeed 41/100), so choose by what matters most for your work: MiniMax-M2.5-highspeed on price. 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 priceMiniMax-M2.5-highspeedMiniMax-M2.5-highspeed $1.05 · Qwen3.5 122B-A10B $1.10 · Qwen3.5 397B-A17B $1.35 per 1M tokens (3:1 blend)
- Longest contextQwen3.5 122B-A10B and Qwen3.5 397B-A17BQwen3.5 122B-A10B 262,144 · Qwen3.5 397B-A17B 262,144 · MiniMax-M2.5-highspeed 204,800 tokens
- Widest inputsQwen3.5 122B-A10B and Qwen3.5 397B-A17BMiniMax-M2.5-highspeed: Text · Qwen3.5 122B-A10B: Text, Images, Audio, Video · Qwen3.5 397B-A17B: Text, Images, Audio, Video
- Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
| Measure | Weight | MiniMax-M2.5-highspeed | Qwen3.5 122B-A10B | Qwen3.5 397B-A17B |
|---|---|---|---|---|
| Price | 50% | 49 | 48 | 44 |
| Inputs & features | 30% | 35 | 90 | 90 |
| Context window | 20% | 32 | 37 | 37 |
| Overall | 100% | 41/100 | 58/100 | 56/100 |
Left out because at least one model lacks the data: capability. The remaining weights were rescaled.
Every spec in one table
Highlighted cells lead their row. Dashes mean the data is not published.
| Specification | MiniMax-M2.5-highspeedMiniMax | Qwen3.5 122B-A10BAlibaba (Qwen) | Qwen3.5 397B-A17BAlibaba (Qwen) |
|---|---|---|---|
| Capability | |||
| Capabilities Index (ECI) | — | — | 146.7 |
| ECI rank | — | — | #67 of 148 |
| GPQA DiamondGraduate-level science questions | — | — | 86.4% |
| FrontierMath Tiers 1–3Research-level mathematics | — | — | 31.2% |
| OTIS Mock AIME 2024–2025Competition mathematics | — | — | 88.9% |
| Price per million tokens | |||
| Input | $0.60 | $0.40 (best) | $0.60 |
| Output | $2.40 (best) | $3.20 | $3.60 |
| Cached input | $0.06 | — | — |
| Blended (3:1) | $1.05 (best) | $1.10 | $1.35 |
| Long-context rate | Same rate | Same rate | Same rate |
| Price source | Official MiniMax (minimax.io) API | Official Alibaba API | Official Alibaba API |
| Limits | |||
| Context window | 204,800 tokens | 262,144 tokens (best) | 262,144 tokens (best) |
| Max output | 131,072 tokens (best) | 65,536 tokens | 65,536 tokens |
| Inputs and features | |||
| Text | Yes | Yes | Yes |
| Images | No | Yes | Yes |
| PDFs | No | No | No |
| Audio | No | Yes | Yes |
| Video | No | Yes | Yes |
| Reasoning | Yes | Yes | Yes |
| Tool calling | Yes | Yes | Yes |
| Structured output | No | Yes | Yes |
| Availability | |||
| Weights | Open | Open | Open |
| API model ID | MiniMax-M2.5-highspeed | qwen3.5-122b-a10b | qwen3.5-397b-a17b |
| API providers | 7 | 19 | 23 (best) |
| Released | Feb 13, 2026 | Feb 23, 2026 | Feb 15, 2026 |
| Knowledge cutoff | — | — | — |
What would a month cost?
Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.
- MiniMax-M2.5-highspeed$10.80
- Qwen3.5 122B-A10B$10.40
- Qwen3.5 397B-A17B$13.20
Which should you choose?
Which is better: MiniMax-M2.5-highspeed, Qwen3.5 122B-A10B or Qwen3.5 397B-A17B?
It is close. Our weighted score puts them within 2 points (Qwen3.5 122B-A10B 58/100, Qwen3.5 397B-A17B 56/100, MiniMax-M2.5-highspeed 41/100), so choose by what matters most for your work: MiniMax-M2.5-highspeed on price. 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, MiniMax-M2.5-highspeed, Qwen3.5 122B-A10B or Qwen3.5 397B-A17B?
MiniMax-M2.5-highspeed is cheaper at $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); Qwen3.5 397B-A17B costs $0.60 input / $3.60 output per million tokens (official Alibaba API price). At a typical mix of three input tokens to one output token, that is $1.05 per million tokens for MiniMax-M2.5-highspeed versus $1.10 for Qwen3.5 122B-A10B (1× as much) and $1.35 for Qwen3.5 397B-A17B (1.3× as much).
Which scores higher on benchmarks?
There is no independent benchmark that covers all three models yet. MiniMax-M2.5-highspeed has not been scored yet, Qwen3.5 122B-A10B has not been scored yet and Qwen3.5 397B-A17B has an ECI of 146.7.
Which is better for coding?
There are no published SWE-bench Verified results for MiniMax-M2.5-highspeed, Qwen3.5 122B-A10B and Qwen3.5 397B-A17B 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?
Qwen3.5 122B-A10B and Qwen3.5 397B-A17B have the largest context windows (262,144 and 262,144 tokens), against 204,800 for MiniMax-M2.5-highspeed. Maximum output per response: MiniMax-M2.5-highspeed up to 131,072, Qwen3.5 122B-A10B up to 65,536, Qwen3.5 397B-A17B up to 65,536 tokens.
Which can read images, PDFs, audio or video?
MiniMax-M2.5-highspeed accepts text; Qwen3.5 122B-A10B accepts text, images, audio and video; Qwen3.5 397B-A17B 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?
Qwen3.5 122B-A10B is the newest, released Feb 23, 2026. Qwen3.5 397B-A17B came out Feb 15, 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.
