OpenAI o4-mini vs Qwen Max

Performance benchmarks + pricing comparison — updated April 2026

OpenAI o4-mini

OpenAI

Updated mini reasoning model. Similar pricing to o3-mini with updated capabilities.

Input$1.10/M
Output$4.40/M
Context200K tokens
Best ForGeneral reasoning, coding tasks
Benchmark72/100

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 o4-miniQwen MaxLeader
Overall Score 72 68 o4-mini leads by 4pts
SWE-bench Verified 66 62 o4-mini leads by 4pts
LiveCodeBench 74 70 o4-mini leads by 4pts
HumanEval 92 86 o4-mini leads by 6pts
BigCodeBench 56 54 o4-mini leads by 2pts

Cost Comparison by Scenario

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

ScenarioOpenAI o4-miniQwen MaxSavings
Small Script (1K lines) $0.17 $0.25 OpenAI o4-mini saves $0.08 (31%)
Medium Feature (10K lines) $1.27 $1.84 OpenAI o4-mini saves $0.58 (31%)
Large Project (50K lines) $6.33 $9.20 OpenAI o4-mini saves $2.88 (31%)
Code Review (5K lines) $0.30 $0.44 OpenAI o4-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 o4-mini 72 $0.015/pt Better value
Qwen Max 68 $0.024/pt Higher cost per point

OpenAI o4-mini delivers the best value at $0.015 per score point.

Strengths & Weaknesses

OpenAI o4-mini

  • + Improved reasoning at mini price
  • - New model, limited data

Qwen Max

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

Verdict

OpenAI o4-mini wins on both price and performance — $1.10/M input with a benchmark score of 72/100.

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

Compare with Other Models