ZMIME
Comparison · 3 models · Updated Oct 4, 2026

Qwen3-VL Plus vs GPT-5.1 Codex mini vs MiniMax-M2

Too close to call on our weighted score (GPT-5.1 Codex mini 59, Qwen3-VL Plus 56, MiniMax-M2 48). The right pick depends on what you value most.

  1. Alibaba (Qwen)

    Qwen3-VL Plus

    Released Sep 23, 2025

    56/100
    • ECI—
    • Price$0.20 / $1.60
    • Context262K
  2. OpenAI

    GPT-5.1 Codex mini

    Released Nov 13, 2025

    59/100
    • ECI—
    • Price$0.25 / $2.00
    • Context400K
  3. MiniMax

    MiniMax-M2

    Released Oct 27, 2025

    48/100
    • ECI—
    • Price$0.30 / $1.20
    • Context205K
01 — Verdict

Too close to call

It is close. Our weighted score puts them within 2 points (GPT-5.1 Codex mini 59/100, Qwen3-VL Plus 56/100, MiniMax-M2 48/100), so choose by what matters most for your work: MiniMax-M2 on price and GPT-5.1 Codex mini for long inputs. 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-M2MiniMax-M2 $0.525 · Qwen3-VL Plus $0.55 · GPT-5.1 Codex mini $0.688 per 1M tokens (3:1 blend)
  • Longest contextGPT-5.1 Codex miniGPT-5.1 Codex mini 400,000 · Qwen3-VL Plus 262,144 · MiniMax-M2 204,800 tokens
  • Widest inputsQwen3-VL Plus and GPT-5.1 Codex miniQwen3-VL Plus: Text, Images · GPT-5.1 Codex mini: Text, Images · MiniMax-M2: Text
  • Self-hostingMiniMax-M2Publishes downloadable weights
How the score is built
MeasureWeightQwen3-VL PlusGPT-5.1 Codex miniMiniMax-M2
Price50%625863
Inputs & features30%607035
Context window20%374432
Overall100%56/10059/10048/100

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.

Qwen3-VL Plus vs GPT-5.1 Codex mini vs MiniMax-M2 specifications side by side
SpecificationQwen3-VL PlusAlibaba (Qwen)GPT-5.1 Codex miniOpenAIMiniMax-M2MiniMax
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$0.20 (best)$0.25$0.30
Output$1.60$2.00$1.20 (best)
Cached input———
Blended (3:1)$0.55$0.688$0.525 (best)
Long-context rateSame rateSame rateSame rate
Price sourceOfficial Alibaba APIMedian of 10 providersOfficial MiniMax (minimax.io) API
Limits
Context window262,144 tokens400,000 tokens (best)204,800 tokens
Max output32,768 tokens128,000 tokens131,072 tokens (best)
Inputs and features
TextYesYesYes
ImagesYesYesNo
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningYesYesYes
Tool callingYesYesYes
Structured outputNoYesNo
Availability
WeightsProprietaryProprietaryOpen
API model IDqwen3-vl-plus—MiniMax-M2
API providers61013 (best)
ReleasedSep 23, 2025Nov 13, 2025Oct 27, 2025
Knowledge cutoffApr 2025Sep 30, 2024—
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-VL Plus$5.20
  • GPT-5.1 Codex mini$6.50
  • MiniMax-M2$5.40
04 — Questions

Which should you choose?

Which is better: Qwen3-VL Plus, GPT-5.1 Codex mini or MiniMax-M2?

It is close. Our weighted score puts them within 2 points (GPT-5.1 Codex mini 59/100, Qwen3-VL Plus 56/100, MiniMax-M2 48/100), so choose by what matters most for your work: MiniMax-M2 on price and GPT-5.1 Codex mini for long inputs. 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, Qwen3-VL Plus, GPT-5.1 Codex mini or MiniMax-M2?

MiniMax-M2 is cheaper at $0.30 input / $1.20 output per million tokens (official MiniMax (minimax.io) API price). Qwen3-VL Plus costs $0.20 input / $1.60 output per million tokens (official Alibaba API price); GPT-5.1 Codex mini costs $0.25 input / $2.00 output per million tokens (median across 10 API providers). At a typical mix of three input tokens to one output token, that is $0.525 per million tokens for MiniMax-M2 versus $0.55 for Qwen3-VL Plus (1× as much) and $0.688 for GPT-5.1 Codex mini (1.3× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. Qwen3-VL Plus has not been scored yet, GPT-5.1 Codex mini has not been scored yet and MiniMax-M2 has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Qwen3-VL Plus, GPT-5.1 Codex mini and MiniMax-M2 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?

GPT-5.1 Codex mini has the largest context window at 400,000 tokens, against 262,144 for Qwen3-VL Plus and 204,800 for MiniMax-M2. Maximum output per response: Qwen3-VL Plus up to 32,768, GPT-5.1 Codex mini up to 128,000, MiniMax-M2 up to 131,072 tokens.

Which can read images, PDFs, audio or video?

Qwen3-VL Plus accepts text and images; GPT-5.1 Codex mini accepts text and images; MiniMax-M2 accepts text. Qwen3-VL Plus handles the widest range of inputs.

Are any of these open source?

MiniMax-M2 publishes its weights and can be self-hosted; Qwen3-VL Plus and GPT-5.1 Codex mini is proprietary.

Which is newer?

GPT-5.1 Codex mini is the newest, released Nov 13, 2025. MiniMax-M2 came out Oct 27, 2025; Qwen3-VL Plus came out Sep 23, 2025. Knowledge cutoff: Qwen3-VL Plus Apr 2025, GPT-5.1 Codex mini Sep 30, 2024.

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.