Model comparison

Mercury 2.5 vs MiniMax M2.7

Pricing, context window and real answers (September 2026)

Mercury 2.5 (Inception) and MiniMax M2.7 (MiniMax), compared as you can actually call them on FastMetal. Both are served from the same OpenAI-compatible endpoint and API key; switching is a change to the model string.

Specs and pricing

Mercury 2.5minimax logoMiniMax M2.7
ProviderInceptionMiniMax
Input (per 1M tokens)¥6.77¥53.61
Output (per 1M tokens)¥25.38¥214.44
Typical cost (1,000 in + 500 out tokens × 1,000 calls)¥19¥161
Context window260,000 tokens204,800 tokens
Release date9/8/20263/18/2026
Input modalitiestexttext
Arena · overallUnranked#124 · ELO 1,415
Arena · JapaneseUnranked#166 · ELO 1,278
Arena · codingUnranked#97 · ELO 1,480

Prices are FastMetal's yen rates before tax. Arena ranks are as of the latest leaderboard scrape.

Which should you pick?

  • On price, Mercury 2.5: ¥25.38 per 1M output tokens, 88% less than MiniMax M2.7.
  • For long documents, Mercury 2.5: a 260,000-token context window against 204,800 for MiniMax M2.7.
  • If in doubt, try both on the same key. Switching is a change to the model string, and each is billed at its own rate.

Real answers to the same prompts

Exactly what the FastMetal gateway returned, side by side. Not benchmark scores: actual output.

Count the number of 'r's in 'strawberry'

Count the number of 'r's in 'strawberry'. Explain your reasoning step by step.

Mercury 2.5

To determine the number of 'r's in the word "strawberry", we can examine each letter in sequence: 1. **s** - Not 'r' 2. **t** - Not 'r' 3. **r** - First 'r' found 4. **a** - Not 'r' 5. **w** - Not 'r' 6. **b** - Not 'r' 7. **e** - Not 'r' 8. **r** - Second 'r' found 9. **r** - Third 'r' found 10. **y** - Not 'r' Counting these occurrences, there are **3** 'r's in "strawberry".
1.8s968 output tokens

MiniMax M2.7

**Step‑by‑step counting** 1. Write the word **strawberry** as a sequence of its letters: `s‑t‑r‑a‑w‑b‑e‑r‑r‑y` 2. Go through each letter and check whether it is the letter **r** (case‑insensitive). | Position | Letter | Is it “r”? | |----------|--------|------------| | 1 | s | No | | 2 | t | No | | 3 | **r** | Yes → count = 1 | | 4 | a | No | | 5 | w | No | | 6 | b | No | | 7 | e | No | | 8 | **r** | Yes → count = 2 | | 9 | **r** | Yes → count = 3 | | 10 | y | No | 3. After checking all ten positions, the total number of times the letter **…
11.1s475 output tokens

Debug This Error

I'm getting the following error in my Node.js application: TypeError: Cannot read properties of undefined (reading 'map') at UserList (/app/components/UserList.js:12:25) at renderWithHooks (/app/node_modules/rea…

Mercury 2.5

This error occurs because the `users` prop is `undefined` when the component renders. Since the code calls `.map()` on `users`, JavaScript throws a TypeError when `users` is not an array. Here is how to fix it: 1. **Set a Default Value** Update the function signature to default `users` to an empty array if it is not provided: ```javascript function UserList({ users = [] }) { // ... } ``` 2. **Add a Conditional Check** If `users` might be null or undefined during data loading, guard the map operation: ```javascript {users && users.map(user => <li key={user.id}>{user.name}</li>)} ``` 3. **Verify Parent Props** Ensure the parent component pas…
2.4s1028 output tokens

MiniMax M2.7

# Fixing the "Cannot read properties of undefined" Error ## The Problem The error occurs because `users` is `undefined` when the component renders. The `.map()` method can't be called on `undefined`. This typically happens when: - The parent component doesn't pass the `users` prop - The data is still loading/fetching - The initial state is `undefined` instead of an empty array --- ## Solutions ### 1. Add a Default Parameter (Recommended) ```javascript function UserList({ users = [] }) { return ( <ul> {users.map(user => <li key={user.id}>{user.name}</li>)} </ul> ); } ``` ### 2. Use Optional Chaining ```javascript function UserList({ users }) { return ( <ul>…
14.2s695 output tokens

Code Review

Please review the following Python function and suggest improvements for readability, performance, and best practices: def get_data(url, retries=3): import requests import time for i in range(retries):…

Mercury 2.5

Here is a review of the function with suggestions for improvement. ### Key Observations 1. **Imports:** Libraries should be imported at the module level, not inside functions. 2. **Exception Handling:** Bare `except:` clauses catch system exits and interrupts. Use specific exceptions like `requests.exceptions.RequestException`. 3. **Logic & Pythonicity:** * Avoid `== True`; rely on truthiness or `item.get("active")`. * List comprehensions are more concise and efficient than manual appending. 4. **Retry Strategy:** Implement exponential backoff instead of fixed sleeps, and avoid sleeping after the final failed attempt. 5. **Documentation:** Add type hints and a docstring fo…
4.6s1999 output tokens

MiniMax M2.7

# Code Review: `get_data` Function ## Issues Identified ### 1. **Critical Issues** ```python # ❌ Bare except clause - catches everything including KeyboardInterrupt except: time.sleep(2) ``` ```python # ❌ Comparing to True - redundant comparison if item["active"] == True: ``` ```python # ❌ No JSON error handling - r.json() can raise ValueError data = r.json() ``` ### 2. **Code Quality Issues** | Issue | Location | Problem | |-------|----------|---------| | Imports inside function | Line 2-3 | Should be at module level | | Magic numbers | `timeout=10`, `sleep(2)` | Not descriptive | | No docstring | Function | No documentation | | No type hints | Function signature | Missing type safet…
31.7s1690 output tokens

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Frequently asked questions

Which is cheaper, Mercury 2.5 or MiniMax M2.7?
Per 1M output tokens, Mercury 2.5 is ¥25.38 and MiniMax M2.7 is ¥214.44 on FastMetal (yen, before tax), so Mercury 2.5 is cheaper.
How do the context windows of Mercury 2.5 and MiniMax M2.7 compare?
Mercury 2.5 takes 260,000 tokens; MiniMax M2.7 takes 204,800.
Can I use Mercury 2.5 and MiniMax M2.7 with the same API key?
Yes. On FastMetal's OpenAI-compatible endpoint, switch by passing "mercury-2.5" or "minimax-m2.7" as the model. Each is billed at its own rate from the same prepaid balance.

Try both on one API key

Create an account and add credit to call Mercury 2.5 and MiniMax M2.7 from the browser chat and the API. No monthly fee.

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