Compare · ModelsLive · 2 picked · head to head

MiniMax M2 vs Step 3.5 Flash

Side by side · benchmarks, pricing, and signals you can act on.

Winner summary

Step 3.5 Flash wins 7 of 7 shared benchmarks. Leads in arena · math · knowledge.

Category leads
arena·Step 3.5 Flashmath·Step 3.5 Flashknowledge·Step 3.5 Flashlanguage·Step 3.5 Flashcoding·Step 3.5 Flash
Hype vs Reality
MiniMax M2
#19 by perf·no signal
QUIET
Step 3.5 Flash
#9 by perf·#11 by attention
DESERVED
Best value
3.5x better value than MiniMax M2
MiniMax M2
110.8 pts/$
$0.63/M
Step 3.5 Flash
384.5 pts/$
$0.20/M
Vendor risk
One or more vendors flagged
minimax logo
MiniMax
$4.0B·Tier 1
Higher risk
stepfun logo
StepFun
$5.0B·Tier 1
Higher risk
Head to head
MiniMax M2Step 3.5 Flash
Chatbot Arena Elo · Overall
Step 3.5 Flash leads by +44.8
MiniMax M2
1346.6
Step 3.5 Flash
1391.4
OpenCompass · AIME2025
Step 3.5 Flash leads by +16.6
MiniMax M2
79.1
Step 3.5 Flash
95.7
OpenCompass · GPQA-Diamond
Step 3.5 Flash leads by +5.0
MiniMax M2
78.7
Step 3.5 Flash
83.7
OpenCompass · HLE
Step 3.5 Flash leads by +8.2
MiniMax M2
13.4
Step 3.5 Flash
21.6
OpenCompass · IFEval
Step 3.5 Flash leads by +3.0
MiniMax M2
90.2
Step 3.5 Flash
93.2
OpenCompass · LiveCodeBenchV6
Step 3.5 Flash leads by +9.9
MiniMax M2
74.0
Step 3.5 Flash
83.9
OpenCompass · MMLU-Pro
Step 3.5 Flash leads by +1.9
MiniMax M2
81.6
Step 3.5 Flash
83.5
Full benchmark table
BenchmarkMiniMax M2Step 3.5 Flash
Chatbot Arena Elo · Overall
1346.61391.4
OpenCompass · AIME2025
79.195.7
OpenCompass · GPQA-Diamond
78.783.7
OpenCompass · HLE
13.421.6
OpenCompass · IFEval
90.293.2
OpenCompass · LiveCodeBenchV6
74.083.9
OpenCompass · MMLU-Pro
81.683.5
Pricing · per 1M tokens · projected $/mo at 10M tokens
ModelInputOutputContextProjected $/mo
minimax logoMiniMax M2$0.26$1.00197K tokens (~98 books)$4.41
stepfun logoStep 3.5 Flash$0.10$0.30262K tokens (~131 books)$1.50