# MiniMax M3 vs Qwen3.7 Max

On provider list prices, MiniMax M3 costs $0.30 per million input tokens against $1.25 for Qwen3.7 Max: 4.2x apart. Output is $1.20 against $3.75 (3.1x). On Allocate both bill at list plus the 7% transaction fee.

## Specifications

| | MiniMax M3 | Qwen3.7 Max |
| --- | --- | --- |
| Lab | MiniMaxAI | Qwen |
| Access | API only | API only |
| Context window | 512K tokens | 1M tokens |
| List price, input | $0.30 / M tokens | $1.25 / M tokens |
| List price, output | $1.20 / M tokens | $3.75 / M tokens |
| Cached input | $0.06 / M tokens | $0.13 / M tokens |
| License | Proprietary API | Proprietary API |
| Fine-tunable | No | No |

Specifications and provider list prices from the Allocate catalog, checked 2026-07-08. Billed price is list plus the 7% transaction fee.

## What the numbers say

Take 1,000,000 requests a month at 1,200 input and 350 output tokens each. That workload costs $780 a month on MiniMax M3 and $2,813 on Qwen3.7 Max at list: a gap of $2,033, or 3.6x.

Qwen3.7 Max reads 1M tokens per request against 512K for MiniMax M3, 1.9x the window. That decides which one can take whole documents without splitting them.

## Choose MiniMax M3 for

- The lower list price ($0.30 in / $1.20 out per M tokens)

## Choose Qwen3.7 Max for

- The longer context window (1M vs 512K tokens)

## Common questions

### Which is cheaper, MiniMax M3 or Qwen3.7 Max?

MiniMax M3, on this workload shape. At list prices it is $0.30/$1.20 per million tokens in and out against $1.25/$3.75 for Qwen3.7 Max. Billed on Allocate: $0.32/$1.28 against $1.34/$4.01, list plus 7%.

### Which has the bigger context window?

Qwen3.7 Max: 1,000,000 tokens (1M) against 524,288 (512K) for MiniMax M3.

### Can I fine-tune MiniMax M3 or Qwen3.7 Max?

No. Both are closed models served over API. If you want a model you can train and own, start from an open-weights base in the catalog.

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[HTML page](https://allocate.network/compare/minimaxai-minimax-m3-vs-qwen-qwen3-7-max) · [MiniMax M3](https://allocate.network/models/minimaxai-minimax-m3.md) · [Qwen3.7 Max](https://allocate.network/models/qwen-qwen3-7-max.md) · [Machine-readable catalog](https://allocate.network/catalog.json)