OpenAI o1-mini vs Qwen Max

Performance benchmarks + pricing comparison — updated April 2026

OpenAI o1-mini

OpenAI

Cost-effective reasoning model. Good for coding tasks that require logical reasoning.

Input$1.10/M
Output$4.40/M
Context128K tokens
Best ForCoding logic, debugging, algorithm design
Benchmark70/100

Qwen Max

Qwen

Qwen's most powerful model. Strong reasoning and coding capabilities.

Input$1.60/M
Output$6.40/M
Context32K tokens
Best ForComplex reasoning, advanced coding
Benchmark68/100

Benchmark Performance Comparison

Third-party benchmark scores — higher is better. Data sourced from SWE-bench, LiveCodeBench, HumanEval, and BigCodeBench.

BenchmarkOpenAI o1-miniQwen MaxLeader
Overall Score 70 68 o1-mini leads by 2pts
SWE-bench Verified 64 62 o1-mini leads by 2pts
LiveCodeBench 72 70 o1-mini leads by 2pts
HumanEval 90 86 o1-mini leads by 4pts
BigCodeBench 54 54 o1-mini leads by 0pts

Cost Comparison by Scenario

Estimated cost per project with 30% cache hit rate. Actual costs may vary based on usage patterns.

ScenarioOpenAI o1-miniQwen MaxSavings
Small Script (1K lines) $0.17 $0.25 OpenAI o1-mini saves $0.08 (31%)
Medium Feature (10K lines) $1.27 $1.84 OpenAI o1-mini saves $0.58 (31%)
Large Project (50K lines) $6.33 $9.20 OpenAI o1-mini saves $2.88 (31%)
Code Review (5K lines) $0.30 $0.44 OpenAI o1-mini saves $0.14 (31%)

Value Analysis (Price per Benchmark Score Point)

Lower is better — how much you pay for each point of benchmark performance.

ModelOverall ScorePrice per Score PointVerdict
OpenAI o1-mini 70 $0.016/pt Better value
Qwen Max 68 $0.024/pt Higher cost per point

OpenAI o1-mini delivers the best value at $0.016 per score point.

Strengths & Weaknesses

OpenAI o1-mini

  • + Reasoning at lower cost
  • + Good for competitive programming
  • - Slower than standard models

Qwen Max

  • + Strong Chinese language support
  • + Good value
  • - Less tested on English coding

Verdict

OpenAI o1-mini wins on both price and performance — $1.10/M input with a benchmark score of 70/100.

For most developers, this is the clear choice between these two models.

Compare with Other Models