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MiniMax M3.1 Flash vs Qwen3 32B

MiniMax M3.1 Flash leads the LLM Stats Score 48.5 to 18.2. Qwen3 32B is 2.0x cheaper per token.

MiniMax · Alibaba Cloud / Qwen Team · Updated for 2026

Which is better?

MiniMax M3.1 Flash leads the overall LLM Stats Score 48.5 to 18.2, ranking #29 overall.

On price, Qwen3 32B is roughly 2.0x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

MiniMax M3.1 Flash also accepts a larger context window (1,000,000 input tokens), making it the stronger choice for long documents and large codebases.

Based on current LLM Stats indexes, shared benchmarks, pricing, and model metadata for 2026.

Choose MiniMax M3.1 Flash

  • overall performance matters — it scores 48.5 and ranks #29 on LLM Stats
  • your work emphasizes reasoning and coding — it leads those capability indexes
  • you process long inputs — it offers a 1,000,000 token context window
  • you want the most recent training data — it shipped Oct 2026

Choose Qwen3 32B

  • cost matters — it's about 2.0x cheaper per token
  • you need open weights you can self-host or fine-tune

At a glance

The differences that matter most.

Core performance indexes
48.5
#29
18.2
#235
45.8
#34
18.4
#230
37.8
#23
8.8
#198
Cost, coverage & limits
Benchmark wins
—
—
Input price
$0.15 / M
$0.08 / M
Output price
$0.60 / M
$0.28 / M
Context window
1,000,000
40,960

Individual benchmarks

14 reported for MiniMax M3.1 Flash · 9 for Qwen3 32B

No common benchmarks found

MiniMax M3.1 Flash and Qwen3 32Bdon't have any common benchmark datasets to compare. They may have been evaluated on different testing suites.

Human preference

Blind head-to-head votes and playground preference scores

Pricing Analysis

Price comparison per million tokens

Qwen3 32B costs less

For input processing, MiniMax M3.1 Flash ($0.15/1M tokens) is 1.9x more expensive than Qwen3 32B ($0.08/1M tokens).

For output processing, MiniMax M3.1 Flash ($0.60/1M tokens) is 2.1x more expensive than Qwen3 32B ($0.28/1M tokens).

In conclusion, MiniMax M3.1 Flash is more expensive than Qwen3 32B.*

* Using a 3:1 ratio of input to output tokens

Lowest available price from all providers
Mon Oct 19 2026 • llm-stats.com
MiniMax
MiniMax M3.1 Flash
Input tokens$0.15
Output tokens$0.60
Best providerMiniMax
Alibaba Cloud / Qwen Team
Qwen3 32B
Input tokens$0.08
Output tokens$0.28
Best providerDeepinfra
Notice missing or incorrect data?

Context Window

Maximum input and output token capacity

MiniMax M3.1 Flash accepts 1,000,000 input tokens compared to Qwen3 32B's 40,960 tokens. MiniMax M3.1 Flash can generate longer responses up to 524,288 tokens, while Qwen3 32B is limited to 40,960 tokens.

MiniMax
MiniMax M3.1 Flash
Input1,000,000 tokens
Output524,288 tokens
Alibaba Cloud / Qwen Team
Qwen3 32B
Input40,960 tokens
Output40,960 tokens
Mon Oct 19 2026 • llm-stats.com

Input capabilities

Documented input modalities across available providers

MiniMax M3.1 Flash supports multimodal inputs, whereas Qwen3 32B does not.

MiniMax M3.1 Flash can handle both text and other forms of data like images, making it suitable for multimodal applications.

MiniMax M3.1 Flash

Text
Images
Audio
Video

Qwen3 32B

Text
Images
Audio
Video

License

Usage and distribution terms

MiniMax M3.1 Flash is licensed under a proprietary license, while Qwen3 32B uses Apache 2.0.

License differences may affect how you can use these models in commercial or open-source projects.

MiniMax M3.1 Flash

Proprietary

Closed source

Qwen3 32B

Apache 2.0

Open weights

Release Timeline

When each model was launched

MiniMax M3.1 Flash was released on 2026-10-19, while Qwen3 32B was released on 2025-04-29.

MiniMax M3.1 Flash is 18 months newer than Qwen3 32B.

MiniMax M3.1 Flash

Oct 19, 2026

0 days ago

1.5yr newer
Qwen3 32B

Apr 29, 2025

1.5 years ago

Knowledge Cutoff

When training data ends

Neither model specifies a knowledge cutoff date.

Unable to compare the recency of their training data.

No cutoff dates available

Provider Availability

MiniMax M3.1 Flash is available from MiniMax. Qwen3 32B is available from DeepInfra, Novita, Sambanova.

MiniMax M3.1 Flash

minimax logo
MiniMax
Input Price:Input: $0.15/1MOutput Price:Output: $0.60/1M

Qwen3 32B

deepinfra logo
Deepinfra
Input Price:Input: $0.08/1MOutput Price:Output: $0.28/1M
novita logo
Novita
Input Price:Input: $0.10/1MOutput Price:Output: $0.44/1M
sambanova logo
Sambanova
Input Price:Input: $0.40/1MOutput Price:Output: $0.80/1M
* Prices shown are per million tokens

Outputs Comparison

Notice missing or incorrect data?

Judge for yourself.

Run your own prompts against MiniMax M3.1 Flash and Qwen3 32B side-by-side, then vote on the output you prefer.

MiniMax M3.1 Flash
✓ Preferred
Qwen3 32B
Open in Playground

FAQ

Common questions about MiniMax M3.1 Flash vs Qwen3 32B.

Which is better, MiniMax M3.1 Flash or Qwen3 32B?

MiniMax M3.1 Flash leads the LLM Stats Score 48.5 to 18.2. MiniMax M3.1 Flash is made by MiniMax and Qwen3 32B is made by Alibaba Cloud / Qwen Team. The best choice depends on your use case — compare their capability indexes, individual benchmarks, pricing, and limits above.

How does MiniMax M3.1 Flash compare to Qwen3 32B in benchmarks?

MiniMax M3.1 Flash scores BabyVision: 91.0%, CharXiv-R: 82.5%, CyberGym: 82.2%, BankerToolBench: 76.2%, DeepSWE 1.1: 73.7%. Qwen3 32B scores Arena Hard: 93.8%, AIME 2024: 81.4%, LiveBench: 74.9%, MultiLF: 73.0%, AIME 2025: 72.9%.

Is MiniMax M3.1 Flash cheaper than Qwen3 32B?

Qwen3 32B is 1.9x cheaper for input tokens. MiniMax M3.1 Flash costs $0.15/M input and $0.60/M output via minimax. Qwen3 32B costs $0.08/M input and $0.28/M output via deepinfra.

What are the context window sizes for MiniMax M3.1 Flash and Qwen3 32B?

MiniMax M3.1 Flash supports 1.0M tokens and Qwen3 32B supports 41K tokens. A larger context window lets you process longer documents, conversations, or codebases in a single request.

What are the main differences between MiniMax M3.1 Flash and Qwen3 32B?

Key differences include LLM Stats Score (48.5 vs 18.2), context window (1.0M vs 41K), input pricing ($0.15 vs $0.08/M), multimodal support (yes vs no), licensing (Proprietary vs Apache 2.0). See the full comparison above for benchmark-by-benchmark results.

Who makes MiniMax M3.1 Flash and Qwen3 32B?

MiniMax M3.1 Flash is developed by MiniMax and Qwen3 32B is developed by Alibaba Cloud / Qwen Team.