ZMIME
Comparison · 3 models · Updated Oct 4, 2026

Qwen3.7 Plus vs DeepSeek V4 Flash vs MiniMax-M3

Too close to call on our weighted score (DeepSeek V4 Flash 71, Qwen3.7 Plus 70, MiniMax-M3 69). The right pick depends on what you value most.

  1. Alibaba (Qwen)

    Qwen3.7 Plus

    Released Jun 2, 2026

    70/100
    • ECI147.4
    • Price$0.40 / $1.60
    • Context1M
  2. DeepSeek

    DeepSeek V4 Flash

    Released Apr 24, 2026

    71/100
    • ECI146.1
    • Price$0.14 / $0.28
    • Context1M
  3. MiniMax

    MiniMax-M3

    Released Jun 1, 2026

    69/100
    • ECI147.0
    • Price$0.30 / $1.20
    • Context1.05M
01 — Verdict

Too close to call

It is close. Our weighted score puts them within 1 points (DeepSeek V4 Flash 71/100, Qwen3.7 Plus 70/100, MiniMax-M3 69/100), so choose by what matters most for your work: Qwen3.7 Plus for raw capability, DeepSeek V4 Flash on price and MiniMax-M3 for long inputs. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • CapabilityQwen3.7 PlusCapabilities Index (ECI): Qwen3.7 Plus 147.4 · MiniMax-M3 147.0 · DeepSeek V4 Flash 146.1
  • Lowest priceDeepSeek V4 FlashDeepSeek V4 Flash $0.175 · MiniMax-M3 $0.525 · Qwen3.7 Plus $0.70 per 1M tokens (3:1 blend)
  • Longest contextMiniMax-M3MiniMax-M3 1,048,576 · Qwen3.7 Plus 1,000,000 · DeepSeek V4 Flash 1,000,000 tokens
  • Widest inputsQwen3.7 Plus and MiniMax-M3Qwen3.7 Plus: Text, Images, Video · DeepSeek V4 Flash: Text · MiniMax-M3: Text, Images, Video
  • Self-hostingDeepSeek V4 Flash and MiniMax-M3Publishes downloadable weights
How the score is built
MeasureWeightQwen3.7 PlusDeepSeek V4 FlashMiniMax-M3
CapabilityCapabilities Index (ECI)50%757374
Price25%578663
Inputs & features15%804570
Context window10%606061
Overall100%70/10071/10069/100
02 — Side by side

Every spec in one table

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

Qwen3.7 Plus vs DeepSeek V4 Flash vs MiniMax-M3 specifications side by side
SpecificationQwen3.7 PlusAlibaba (Qwen)DeepSeek V4 FlashDeepSeekMiniMax-M3MiniMax
Capability
Capabilities Index (ECI)147.4 (best)146.1147.0
ECI rank#61 of 148 (best)#71 of 148#62 of 148
GPQA DiamondGraduate-level science questions87.9%—90.9% (best)
FrontierMath Tiers 1–3Research-level mathematics34.4%——
OTIS Mock AIME 2024–2025Competition mathematics93.3% (best)—71.1%
Price per million tokens
Input$0.40$0.14 (best)$0.30
Output$1.60$0.28 (best)$1.20
Cached input$0.04 (best)—$0.06
Blended (3:1)$0.70$0.175 (best)$0.525
Long-context rateOver 256K: $1.20 / $4.80Same rateOver 512K: $0.60 / $2.40
Price sourceOfficial Alibaba APIMedian of 42 providersOfficial MiniMax (minimax.io) API
Limits
Context window1,000,000 tokens1,000,000 tokens1,048,576 tokens (best)
Max output64,000 tokens384,000 tokens512,000 tokens (best)
Inputs and features
TextYesYesYes
ImagesYesNoYes
PDFsNoNoNo
AudioNoNoNo
VideoYesNoYes
ReasoningYesYesYes
Tool callingYesYesYes
Structured outputYesYesNo
Availability
WeightsProprietaryOpenOpen
API model IDqwen3.7-plus—MiniMax-M3
API providers2548 (best)42
ReleasedJun 2, 2026Apr 24, 2026Jun 1, 2026
Knowledge cutoffApr 2025May 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.

  • Qwen3.7 Plus$7.20
  • DeepSeek V4 Flash$1.96
  • MiniMax-M3$5.40
04 — Questions

Which should you choose?

Which is better: Qwen3.7 Plus, DeepSeek V4 Flash or MiniMax-M3?

It is close. Our weighted score puts them within 1 points (DeepSeek V4 Flash 71/100, Qwen3.7 Plus 70/100, MiniMax-M3 69/100), so choose by what matters most for your work: Qwen3.7 Plus for raw capability, DeepSeek V4 Flash on price and MiniMax-M3 for long inputs. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, Qwen3.7 Plus, DeepSeek V4 Flash or MiniMax-M3?

DeepSeek V4 Flash is cheaper at $0.14 input / $0.28 output per million tokens (median across 42 API providers). MiniMax-M3 costs $0.30 input / $1.20 output per million tokens (official MiniMax (minimax.io) API price); Qwen3.7 Plus costs $0.40 input / $1.60 output per million tokens (official Alibaba API price). At a typical mix of three input tokens to one output token, that is $0.175 per million tokens for DeepSeek V4 Flash versus $0.525 for MiniMax-M3 (3× as much) and $0.70 for Qwen3.7 Plus (4× as much).

Which scores higher on benchmarks?

Qwen3.7 Plus scores higher on the Capabilities Index (ECI): Qwen3.7 Plus 147.4 (#61 of 148), MiniMax-M3 147.0 (#62 of 148) and DeepSeek V4 Flash 146.1 (#71 of 148). The confidence ranges of the top two overlap (145.7–148.9 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 Qwen3.7 Plus, DeepSeek V4 Flash and MiniMax-M3 yet, so there is no like-for-like coding score. On overall capability, Qwen3.7 Plus 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?

MiniMax-M3 has the largest context window at 1,048,576 tokens, against 1,000,000 for Qwen3.7 Plus and 1,000,000 for DeepSeek V4 Flash. Maximum output per response: Qwen3.7 Plus up to 64,000, DeepSeek V4 Flash up to 384,000, MiniMax-M3 up to 512,000 tokens.

Which can read images, PDFs, audio or video?

Qwen3.7 Plus accepts text, images and video; DeepSeek V4 Flash accepts text; MiniMax-M3 accepts text, images and video. Qwen3.7 Plus handles the widest range of inputs.

Are any of these open source?

DeepSeek V4 Flash and MiniMax-M3 publishes its weights and can be self-hosted; Qwen3.7 Plus is proprietary.

Which is newer?

Qwen3.7 Plus is the newest, released Jun 2, 2026. MiniMax-M3 came out Jun 1, 2026; DeepSeek V4 Flash came out Apr 24, 2026. Knowledge cutoff: Qwen3.7 Plus Apr 2025, DeepSeek V4 Flash May 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.