All models

MiniMax M2 vs Qwen2.5 72B Instruct vs Grok 4.20

MiniMax M2 at $0.293 in and $1.17 out, Qwen2.5 72B Instruct at $0.414 in and $0.460 out, and Grok 4.20 at $1.44 in and $2.88 out — per million tokens, from the same wallet.

M

MiniMax M2

MiniMax

0.24¢

for a client proposal

$0.293 in · $1.17 out / 1M

205K context · released October 2025

Full page →
Q

Qwen2.5 72B Instruct

Qwen

0.24¢

for a client proposal

$0.414 in · $0.460 out / 1M

33K context · released September 2024

Full page →
x

Grok 4.20

xAI

0.95¢

for a client proposal

$1.44 in · $2.88 out / 1M

2M context · released 4 months ago

Full page →

Asking all three at once — identical prompt, identical context — costs about 1.4¢ for a typical client proposal.

At a glance

  • Cheapest input: MiniMax M2 at $0.293 per million tokens.
  • Cheapest output: Qwen2.5 72B Instruct at $0.460 per million tokens.
  • Largest context: Grok 4.20 at 2M tokens — about 2,900 pages.

Cost per task

Estimated totals at the rates above. Solid bar is input, lighter bar is output.

Quick code fix

2K in · 500 out
MiniMax M2
0.12¢
Qwen2.5 72B Instruct
0.11¢
Grok 4.20
0.43¢

Draft a client proposal from notes

5K in · 800 out
MiniMax M2
0.24¢
Qwen2.5 72B Instruct
0.24¢
Grok 4.20
0.95¢

Context-heavy session (Alyph workspace)

155K in · 4K out
MiniMax M2
$0.05
Qwen2.5 72B Instruct
needs 155K ctx
Grok 4.20
$0.23

Analyze a 50-page legal contract

35K in · 1K out
MiniMax M2
1.1¢
Qwen2.5 72B Instruct
needs 35K ctx
Grok 4.20
$0.05

Large architecture refactor

250K in · 3K out
MiniMax M2
needs 250K ctx
Qwen2.5 72B Instruct
needs 250K ctx
Grok 4.20
$0.74

Long-context rate applied at this input size.

Solid part of each bar is input tokens, the lighter part is output. Models that don’t fit a task are marked instead of priced.

Cost vs Token Amount

Drag the slider to adjust the split between input and output workload.

80% Input20% Output
free$1.73$3.450 tokens250k500k750k1000k
MiniMax M2
Qwen2.5 72B Instruct
Grok 4.20

Adjust the ratio slider to change how output tokens influence the final price for equivalent workloads.

Pricing

MiniMax M2
Qwen2.5 72B Instruct
Grok 4.20
Input / 1M tokens
$0.293
$0.414
$1.44
Output / 1M tokens
$1.17
$0.460
$2.88
Cached input / 1M
$0.230
Web search
0.57¢ / search

Specs

MiniMax M2
Qwen2.5 72B Instruct
Grok 4.20
Released
October 2025
September 2024
4 months ago
Context window
205K
33K
2M
Max output
131K
16K
Input
Text
Text
Text, Images, and Files
Output
Text
Text
Text
Reasoning
Shows its thinking
Answers directly
Shows its thinking
Knowledge cutoff
2024-06-30
2025-09-01

Try it with real numbers

2K tokens in · 500 tokens out.

MiniMax M2

MiniMax

0.12¢

for this task

50% input · 50% output

Full pricing →

Qwen2.5 72B Instruct

Qwen

0.11¢

for this task

78% input · 22% output

Full pricing →

Grok 4.20

xAI

0.43¢

for this task

67% input · 33% output

Full pricing →

All 3, same prompt and context: 0.65¢. That is the entire cost of the comparison.

Your $5 welcome credit covers about 764 of these.

Which should you pick?

For long documents, Grok 4.20 has the largest context window here — 2M tokens.

On price, MiniMax M2 is the cheapest of the three on a typical task, at about 0.24¢.

For images or files, Grok 4.20 can read them directly; MiniMax M2 and Qwen2.5 72B Instruct are text-only.

If you want to watch the model think, MiniMax M2 and Grok 4.20 show reasoning; the other answers directly.

Or don’t pick. Send the identical prompt to all three, read the answers side by side, and keep the winner. How to run a fair bake-off →

Questions, answered

Which is cheapest — MiniMax M2, Qwen2.5 72B Instruct, or Grok 4.20?

On a typical client proposal (5K tokens in, 800 out): MiniMax M2 at 0.24¢; Qwen2.5 72B Instruct at 0.24¢; Grok 4.20 at 0.95¢. Long prompts can change the order when long-context rates apply.

Which has the largest context window?

Grok 4.20 — 2M tokens, about 2,900 pages.

Can I run MiniMax M2, Qwen2.5 72B Instruct, and Grok 4.20 side by side on Alyph?

Yes — that is what Alyph is built for: the identical prompt with identical context to all 3, answers rendered side by side, billed from one wallet. This exact combination costs about 1.4¢ for a typical task.

Ask all three at once

Identical prompt, identical context, answers side by side — about 1.4¢ for a typical client proposal. Free to start, with $5 of credit.