ZMIME
Comparison · 2 models · Updated Oct 4, 2026

MiniMax-M3 vs Qwen3.8 27B

Too close to call on our weighted score (MiniMax-M3 69, Qwen3.8 27B 67). The right pick depends on what you value most.

  1. MiniMax

    MiniMax-M3

    Released Jun 1, 2026

    69/100
    • ECI147.0
    • Price$0.30 / $1.20
    • Context1.05M
  2. Alibaba (Qwen)

    Qwen3.8 27B

    Released Aug 14, 2026

    67/100
    • ECI149.4
    • Price$0.40 / $2.50
    • Context262K
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01 — Verdict

Too close to call

It is close. Our weighted score puts them within 2 points (MiniMax-M3 69/100, Qwen3.8 27B 67/100), so choose by what matters most for your work: Qwen3.8 27B for raw capability, MiniMax-M3 on price and MiniMax-M3 for long inputs. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • CapabilityQwen3.8 27BCapabilities Index (ECI): Qwen3.8 27B 149.4 · MiniMax-M3 147.0
  • Lowest priceMiniMax-M3MiniMax-M3 $0.525 · Qwen3.8 27B $0.925 per 1M tokens (3:1 blend)
  • Longest contextMiniMax-M3MiniMax-M3 1,048,576 · Qwen3.8 27B 262,144 tokens
  • Widest inputsSame inputsMiniMax-M3: Text, Images, Video · Qwen3.8 27B: Text, Images, Video
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightMiniMax-M3Qwen3.8 27B
CapabilityCapabilities Index (ECI)50%7477
Price25%6351
Inputs & features15%7080
Context window10%6137
Overall100%69/10067/100
02 — Side by side

Every spec in one table

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

MiniMax-M3 vs Qwen3.8 27B specifications side by side
SpecificationMiniMax-M3MiniMaxQwen3.8 27BAlibaba (Qwen)
Capability
Capabilities Index (ECI)147.0149.4 (best)
ECI rank#62 of 148#53 of 148 (best)
GPQA DiamondGraduate-level science questions90.9%—
OTIS Mock AIME 2024–2025Competition mathematics71.1%—
Price per million tokens
Input$0.30 (best)$0.40
Output$1.20 (best)$2.50
Cached input$0.06—
Blended (3:1)$0.525 (best)$0.925
Long-context rateOver 512K: $0.60 / $2.40Same rate
Price sourceOfficial MiniMax (minimax.io) APIMedian of 39 providers
Limits
Context window1,048,576 tokens (best)262,144 tokens
Max output512,000 tokens (best)32,768 tokens
Inputs and features
TextYesYes
ImagesYesYes
PDFsNoNo
AudioNoNo
VideoYesYes
ReasoningYesYes
Tool callingYesYes
Structured outputNoYes
Availability
WeightsOpenOpen
API model IDMiniMax-M3—
API providers42 (best)41
ReleasedJun 1, 2026Aug 14, 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.

  • MiniMax-M3$5.40
  • Qwen3.8 27B$9.00
04 — Questions

Which should you choose?

Which is better: MiniMax-M3 or Qwen3.8 27B?

It is close. Our weighted score puts them within 2 points (MiniMax-M3 69/100, Qwen3.8 27B 67/100), so choose by what matters most for your work: Qwen3.8 27B for raw capability, MiniMax-M3 on price and MiniMax-M3 for long inputs. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, MiniMax-M3 or Qwen3.8 27B?

MiniMax-M3 is cheaper at $0.30 input / $1.20 output per million tokens (official MiniMax (minimax.io) API price). Qwen3.8 27B costs $0.40 input / $2.50 output per million tokens (median across 39 API providers). At a typical mix of three input tokens to one output token, that is $0.525 per million tokens for MiniMax-M3 versus $0.925 for Qwen3.8 27B (1.8× as much).

Which scores higher on benchmarks?

Qwen3.8 27B scores higher on the Capabilities Index (ECI): Qwen3.8 27B 149.4 (#53 of 148) and MiniMax-M3 147.0 (#62 of 148). The confidence ranges of the top two overlap (147.5–151.6 vs 142.7–149.8), so treat the gap as small.

Which is better for coding?

There are no published SWE-bench Verified results for MiniMax-M3 and Qwen3.8 27B yet, so there is no like-for-like coding score. On overall capability, Qwen3.8 27B leads, which tends to carry over to coding, but test on your own codebase. Both support tool calling for agent workflows.

Which has the bigger context window?

MiniMax-M3 has the largest context window at 1,048,576 tokens, against 262,144 for Qwen3.8 27B. Maximum output per response: MiniMax-M3 up to 512,000, Qwen3.8 27B up to 32,768 tokens.

Which can read images, PDFs, audio or video?

MiniMax-M3 accepts text, images and video; Qwen3.8 27B accepts text, images and video. They handle the same number of input types.

Are any of these open source?

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

Which is newer?

Qwen3.8 27B is the newest, released Aug 14, 2026. MiniMax-M3 came out Jun 1, 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.