ZMIME
Comparison · 3 models · Updated Oct 4, 2026

Qwen3.5 Plus vs Grok 4.3 vs MiniMax-M2.5

Too close to call on our weighted score (Grok 4.3 67, Qwen3.5 Plus 66, MiniMax-M2.5 61). The right pick depends on what you value most.

  1. Alibaba (Qwen)

    Qwen3.5 Plus

    Released Feb 16, 2026

    66/100
    • ECI146.8
    • Price$0.40 / $2.40
    • Context1M
  2. xAI

    Grok 4.3

    Released Apr 17, 2026

    67/100
    • ECI149.2
    • Price$1.25 / $2.50
    • Context1M
  3. MiniMax

    MiniMax-M2.5

    Released Feb 12, 2026

    61/100
    • ECI146.7
    • Price$0.30 / $1.20
    • Context205K
01 — Verdict

Too close to call

It is close. Our weighted score puts them within a point (Grok 4.3 67/100, Qwen3.5 Plus 66/100, MiniMax-M2.5 61/100), so choose by what matters most for your work: Grok 4.3 for raw capability and MiniMax-M2.5 on price. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • CapabilityGrok 4.3Capabilities Index (ECI): Grok 4.3 149.2 · Qwen3.5 Plus 146.8 · MiniMax-M2.5 146.7
  • Lowest priceMiniMax-M2.5MiniMax-M2.5 $0.525 · Qwen3.5 Plus $0.90 · Grok 4.3 $1.56 per 1M tokens (3:1 blend)
  • Longest contextQwen3.5 Plus and Grok 4.3Qwen3.5 Plus 1,000,000 · Grok 4.3 1,000,000 · MiniMax-M2.5 204,800 tokens
  • Widest inputsQwen3.5 Plus and Grok 4.3Qwen3.5 Plus: Text, Images, Video · Grok 4.3: Text, Images, PDFs · MiniMax-M2.5: Text
  • Self-hostingMiniMax-M2.5Publishes downloadable weights
How the score is built
MeasureWeightQwen3.5 PlusGrok 4.3MiniMax-M2.5
CapabilityCapabilities Index (ECI)50%747774
Price25%524163
Inputs & features15%708035
Context window10%606032
Overall100%66/10067/10061/100
02 — Side by side

Every spec in one table

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

Qwen3.5 Plus vs Grok 4.3 vs MiniMax-M2.5 specifications side by side
SpecificationQwen3.5 PlusAlibaba (Qwen)Grok 4.3xAIMiniMax-M2.5MiniMax
Capability
Capabilities Index (ECI)146.8149.2 (best)146.7
ECI rank#65 of 148#55 of 148 (best)#66 of 148
GPQA DiamondGraduate-level science questions84.9%88.8% (best)—
FrontierMath Tiers 1–3Research-level mathematics—42.8%—
OTIS Mock AIME 2024–2025Competition mathematics86.7%93.3% (best)—
SimpleQA VerifiedShort factual questions25.4%33.2% (best)—
Price per million tokens
Input$0.40$1.25$0.30 (best)
Output$2.40$2.50$1.20 (best)
Cached input—$0.20$0.03 (best)
Blended (3:1)$0.90$1.56$0.525 (best)
Long-context rateSame rateOver 200K: $2.50 / $5.00Same rate
Price sourceOfficial Alibaba APIOfficial xAI APIOfficial MiniMax (minimax.io) API
Limits
Context window1,000,000 tokens (best)1,000,000 tokens (best)204,800 tokens
Max output65,536 tokens30,000 tokens131,072 tokens (best)
Inputs and features
TextYesYesYes
ImagesYesYesNo
PDFsNoYesNo
AudioNoNoNo
VideoYesNoNo
ReasoningYesYeslow · medium · highYes
Tool callingYesYesYes
Structured outputNoYesNo
Availability
WeightsProprietaryProprietaryOpen
API model IDqwen3.5-plusgrok-4.3MiniMax-M2.5
API providers1027 (best)21
ReleasedFeb 16, 2026Apr 17, 2026Feb 12, 2026
Knowledge cutoffApr 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.

  • Qwen3.5 Plus$8.80
  • Grok 4.3$17.50
  • MiniMax-M2.5$5.40
04 — Questions

Which should you choose?

Which is better: Qwen3.5 Plus, Grok 4.3 or MiniMax-M2.5?

It is close. Our weighted score puts them within a point (Grok 4.3 67/100, Qwen3.5 Plus 66/100, MiniMax-M2.5 61/100), so choose by what matters most for your work: Grok 4.3 for raw capability and MiniMax-M2.5 on price. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, Qwen3.5 Plus, Grok 4.3 or MiniMax-M2.5?

MiniMax-M2.5 is cheaper at $0.30 input / $1.20 output per million tokens (official MiniMax (minimax.io) API price). Qwen3.5 Plus costs $0.40 input / $2.40 output per million tokens (official Alibaba API price); Grok 4.3 costs $1.25 input / $2.50 output per million tokens (official xAI API price). At a typical mix of three input tokens to one output token, that is $0.525 per million tokens for MiniMax-M2.5 versus $0.90 for Qwen3.5 Plus (1.7× as much) and $1.56 for Grok 4.3 (3× as much).

Which scores higher on benchmarks?

Grok 4.3 scores higher on the Capabilities Index (ECI): Grok 4.3 149.2 (#55 of 148), Qwen3.5 Plus 146.8 (#65 of 148) and MiniMax-M2.5 146.7 (#66 of 148). The confidence ranges of the top two overlap (147.6–150.8 vs 144.6–148.1), so treat the gap as small.

Which is better for coding?

There are no published SWE-bench Verified results for Qwen3.5 Plus, Grok 4.3 and MiniMax-M2.5 yet, so there is no like-for-like coding score. On overall capability, Grok 4.3 leads, which tends to carry over to coding, but test on your own codebase. All three support tool calling for agent workflows.

Which has the bigger context window?

Qwen3.5 Plus and Grok 4.3 have the largest context windows (1,000,000 and 1,000,000 tokens), against 204,800 for MiniMax-M2.5. Maximum output per response: Qwen3.5 Plus up to 65,536, Grok 4.3 up to 30,000, MiniMax-M2.5 up to 131,072 tokens.

Which can read images, PDFs, audio or video?

Qwen3.5 Plus accepts text, images and video; Grok 4.3 accepts text, images and PDFs; MiniMax-M2.5 accepts text. Qwen3.5 Plus handles the widest range of inputs.

Are any of these open source?

MiniMax-M2.5 publishes its weights and can be self-hosted; Qwen3.5 Plus and Grok 4.3 is proprietary.

Which is newer?

Grok 4.3 is the newest, released Apr 17, 2026. Qwen3.5 Plus came out Feb 16, 2026; MiniMax-M2.5 came out Feb 12, 2026. Knowledge cutoff: Qwen3.5 Plus Apr 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.