Claude Fable 5 vs MiniMax M2
Benchmarks, API pricing and specs, head to head. Data updated 2026-06-10.
Anthropic · Jun 2026
The first GA model of Anthropic's Mythos class — a tier above Opus — and the current SWE-bench Verified leader, at $10/$50 per 1M tokens.
MiniMax · Oct 2025
A 10B-active MoE tuned purely for agents and code — striking capability-per-active-parameter at rock-bottom prices.
The verdict
Claude Fable 5 wins 1 of the 1 benchmarks these models share, against 0 for MiniMax M2. On price the gap is dramatic: MiniMax M2 works out roughly 38x cheaper per blended million tokens. Claude Fable 5 also takes 1M of context versus 205K for MiniMax M2. And MiniMax M2 is open-weights (MIT), so it can be self-hosted — a structural advantage if data control or vendor independence matters.
Benchmark head-to-head 1–0
Specs & pricing
| Claude Fable 5 | MiniMax M2 | |
|---|---|---|
| modhub Index | — | 68.9 |
| Input price / 1M | $10 | $0.3 |
| Output price / 1M | $50 | $1.2 |
| Context window | 1M | 205K |
| Max output | 128K | — |
| Open weights | no | yes (MIT) |
| Reasoning model | yes | yes |
| Multimodal input | text, image | text |
| Knowledge cutoff | Jan 2026 | Jun 2025 |
| Released | Jun 2026 | Oct 2025 |
| Example monthly cost* | $175.00 | $4.80 |
* 10M input + 1.5M output tokens per month at list prices, no caching. Green = better value on that row.
Frequently asked questions
- Which is better, Claude Fable 5 or MiniMax M2?
- Claude Fable 5 wins 1 of the 1 benchmarks these models share, against 0 for MiniMax M2. On price the gap is dramatic: MiniMax M2 works out roughly 38x cheaper per blended million tokens. Claude Fable 5 also takes 1M of context versus 205K for MiniMax M2. And MiniMax M2 is open-weights (MIT), so it can be self-hosted — a structural advantage if data control or vendor independence matters.
- Which is cheaper, Claude Fable 5 or MiniMax M2?
- Claude Fable 5 costs $10/$50 per million input/output tokens, while MiniMax M2 costs $0.3/$1.2. For a typical workload of 10M input and 1.5M output tokens per month, that's $175.00 versus $4.80.
- Which model is better for coding, Claude Fable 5 or MiniMax M2?
- On SWE-bench Verified — the standard agentic-coding benchmark — Claude Fable 5 scores ~95% versus 69.4% for MiniMax M2, making Claude Fable 5 the stronger pick for coding agents.