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Comparison · 3 models · Updated Oct 4, 2026

MiniMax-M2.5-highspeed vs Qwen3 Coder Next vs DeepSeek OCR 2

Qwen3 Coder Next comes out ahead, 51 to 41 and 32 on our weighted score, and it is the cheaper option too.

  1. MiniMax

    MiniMax-M2.5-highspeed

    Released Feb 13, 2026

    41/100
    • ECI—
    • Price$0.60 / $2.40
    • Context205K
  2. Our pick

    Alibaba (Qwen)

    Qwen3 Coder Next

    Released Feb 3, 2026

    51/100
    • ECI—
    • Price$0.20 / $1.20
    • Context262K
  3. DeepSeek

    DeepSeek OCR 2

    Released Jan 27, 2026

    32/100
    • ECI—
    • Price$0.89 / $1.47
    • Context8K
01 — Verdict

Qwen3 Coder Next is our pick

Qwen3 Coder Next is the better all-round choice, scoring 51/100 against MiniMax-M2.5-highspeed (41) and DeepSeek OCR 2 (32). It leads on price and context window. 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 priceQwen3 Coder NextQwen3 Coder Next $0.45 · DeepSeek OCR 2 $1.03 · MiniMax-M2.5-highspeed $1.05 per 1M tokens (3:1 blend)
  • Longest contextQwen3 Coder NextQwen3 Coder Next 262,144 · MiniMax-M2.5-highspeed 204,800 · DeepSeek OCR 2 8,192 tokens
  • Widest inputsDeepSeek OCR 2MiniMax-M2.5-highspeed: Text · Qwen3 Coder Next: Text · DeepSeek OCR 2: Text, Images
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightMiniMax-M2.5-highspeedQwen3 Coder NextDeepSeek OCR 2
Price50%496649
Inputs & features30%353525
Context window20%32370
Overall100%41/10051/10032/100

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.

MiniMax-M2.5-highspeed vs Qwen3 Coder Next vs DeepSeek OCR 2 specifications side by side
SpecificationMiniMax-M2.5-highspeedMiniMaxQwen3 Coder NextAlibaba (Qwen)DeepSeek OCR 2DeepSeek
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$0.60$0.20 (best)$0.89
Output$2.40$1.20 (best)$1.47
Cached input$0.06——
Blended (3:1)$1.05$0.45 (best)$1.03
Long-context rateSame rateSame rateSame rate
Price sourceOfficial MiniMax (minimax.io) APIMedian of 11 providersMedian of 1 providers
Limits
Context window204,800 tokens262,144 tokens (best)8,192 tokens
Max output131,072 tokens (best)65,536 tokens8,192 tokens
Inputs and features
TextYesYesYes
ImagesNoNoYes
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningYesNoNo
Tool callingYesYesNo
Structured outputNoYesNo
Availability
WeightsOpenOpenOpen
API model IDMiniMax-M2.5-highspeed——
API providers711 (best)2
ReleasedFeb 13, 2026Feb 3, 2026Jan 27, 2026
Knowledge cutoff—Sep 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.

  • MiniMax-M2.5-highspeed$10.80
  • Qwen3 Coder Next$4.40
  • DeepSeek OCR 2$11.83
04 — Questions

Which should you choose?

Which is better: MiniMax-M2.5-highspeed, Qwen3 Coder Next or DeepSeek OCR 2?

Qwen3 Coder Next is the better all-round choice, scoring 51/100 against MiniMax-M2.5-highspeed (41) and DeepSeek OCR 2 (32). It leads on price and context window. 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 Coder Next or DeepSeek OCR 2?

Qwen3 Coder Next is cheaper at $0.20 input / $1.20 output per million tokens (median across 11 API providers). DeepSeek OCR 2 costs $0.89 input / $1.47 output per million tokens (median across 1 API provider); MiniMax-M2.5-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 $0.45 per million tokens for Qwen3 Coder Next versus $1.03 for DeepSeek OCR 2 (2.3× as much) and $1.05 for MiniMax-M2.5-highspeed (2.3× 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 Coder Next has not been scored yet and DeepSeek OCR 2 has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for MiniMax-M2.5-highspeed, Qwen3 Coder Next and DeepSeek OCR 2 yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Note that DeepSeek OCR 2 does not support tool calling, which most coding agents need.

Which has the bigger context window?

Qwen3 Coder Next has the largest context window at 262,144 tokens, against 204,800 for MiniMax-M2.5-highspeed and 8,192 for DeepSeek OCR 2. Maximum output per response: MiniMax-M2.5-highspeed up to 131,072, Qwen3 Coder Next up to 65,536, DeepSeek OCR 2 up to 8,192 tokens.

Which can read images, PDFs, audio or video?

MiniMax-M2.5-highspeed accepts text; Qwen3 Coder Next accepts text; DeepSeek OCR 2 accepts text and images. DeepSeek OCR 2 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?

MiniMax-M2.5-highspeed is the newest, released Feb 13, 2026. Qwen3 Coder Next came out Feb 3, 2026; DeepSeek OCR 2 came out Jan 27, 2026. Knowledge cutoff: Qwen3 Coder Next Sep 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.