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Qwen3 Max vs GLM 5

QwenZ.aiboth via one key, provider price + 3%

Qwen3 Max (Qwen, released 2025-09-23) and GLM 5 (Z.ai, released 2026-02-11) are both text-only models built for coding and agent tasks, but they land in different places on Design Arena's benchmarks and on price. Qwen3 Max has the bigger context window; GLM 5 wins on nearly every ranked benchmark category and costs less per token. Both are available on OpenKey with one API key and a flat 3% fee over provider list price.

Spec vs spec

SpecQwen3 MaxGLM 5
Context window262K203K
Max output33K
Input modalitiestexttext
Output modalitiestexttext
Knowledge cutoffJun 30, 2025
ReleasedSep 23, 2025Feb 11, 2026
Reasoningoptionaloptional

Pricing

Per 1M tokens. Provider price plus the flat 3% fee — the sum is what you pay.

openkey.ai

qwen/qwen3-max

Input · 1M tokens

$0.780 + 3%$0.803

Output · 1M tokens

$3.90 + 3%$4.02

Cache read · 1M tokens

$0.156 + 3%$0.161

Cache write · 1M tokens

$0.975 + 3%$1.00

FEE — FLAT, EVERY MODEL3%

openkey.ai

z-ai/glm-5

Input · 1M tokens

$0.600 + 3%$0.618

Output · 1M tokens

$1.92 + 3%$1.98

Cache read · 1M tokens

$0.120 + 3%$0.124

FEE — FLAT, EVERY MODEL3%

One workload, priced on both

10M input + 2M output tokens at each model's price, flat 3% fee included.

qwen/qwen3-max

$16.07

$15.60 provider + 3%

z-ai/glm-5Cheaper

$10.14

$9.84 provider + 3%

Benchmarks

Design Arena categories where both models have results. Higher Elo and lower rank win.

Qwen3 MaxGLM 5
CategoryEloRankEloRank
3D1150#621307#15
ASCII art1175#321192#26
Code1159#661295#16
Data viz1149#641269#22
Game dev1160#621299#15
SVG1069#601225#19
UI components1132#671287#21
Websites1161#661290#18

Head-to-head preference voting. How we filter and rank

Design Arena rankings: no contest in the categories that matter for building software

GLM 5 outranks Qwen3 Max in every shared Design Arena category. In codecategories, GLM 5 ranks 16th (elo 1295, 55.6% win rate) against Qwen3 Max's 66th (elo 1159, 44% win rate). In gamedev, GLM 5 ranks 15th (elo 1299) versus Qwen3 Max's 62nd (elo 1160). GLM 5 also has agent-specific benchmarks Qwen3 Max doesn't appear in at all: androidnative rank 6 (elo 1244, 62% win rate), godotgamedev rank 3 (elo 1237), mobileapps rank 10 (elo 1222), and fullstack rank 13 (elo 1190). If your workload is agentic coding — writing, testing, or shipping code autonomously — GLM 5 is the model with track record here.

Pricing: GLM 5 is cheaper on every metric

Provider list price: Qwen3 Max runs $0.78/M input and $3.90/M output. GLM 5 runs $0.60/M input and $1.92/M output. On OpenKey (provider price × 1.03), that's Qwen3 Max at $0.8034/M input and $4.017/M output, versus GLM 5 at $0.618/M input and $1.9776/M output. Input tokens cost 1.3x more on Qwen3 Max (the input_price_ratio). For a 10M-input/2M-output workload: Qwen3 Max costs $15.60, GLM 5 costs $9.84 — a real gap if you're running this at volume.

Context and output limits

Qwen3 Max has a 262,144-token context window; GLM 5 has 202,752 — a 1.29x ratio in Qwen3 Max's favor (the context_ratio). If you're stuffing very large documents or codebases into a single prompt, that extra headroom matters. On the output side, Qwen3 Max caps completions at 32,768 tokens; GLM 5 has no listed max_completion_tokens, which matters for very long generated outputs like full-repo scaffolds. Qwen3 Max also has a known knowledge cutoff of 2025-06-30; GLM 5's cutoff isn't published.

Parameters and reasoning support

GLM 5 supports more inference-time controls: frequency_penalty, min_p, top_k, repetition_penalty, and a `reasoning` parameter with reasoning enabled by default. Qwen3 Max's supported parameter list is shorter and doesn't include reasoning controls, top_k, or repetition_penalty. If you're tuning sampling behavior or want reasoning traces on by default, GLM 5 gives you more knobs out of the box.

Which model for which job

Use casePickWhy
Agentic coding (Android, full-stack, mobile apps)GLM 5Ranks 6th (androidnative), 13th (fullstack), 10th (mobileapps) on Design Arena agent benchmarks — categories Qwen3 Max isn't ranked in
General code generation across categoriesGLM 5Ranks 16th on codecategories (elo 1295) vs Qwen3 Max's 66th (elo 1159)
Very large document or codebase ingestionQwen3 Max262,144-token context vs GLM 5's 202,752 — 1.29x more room
High-volume production workloads on a budgetGLM 5$9.84 vs $15.60 for a 10M-input/2M-output workload on OpenKey
Long single-shot generation (full repo scaffolds, long docs)GLM 5No published max_completion_tokens cap, versus Qwen3 Max's 32,768-token limit
Fine-grained sampling control (top_k, repetition_penalty, reasoning toggle)GLM 5Supports top_k, min_p, repetition_penalty, and a reasoning parameter that Qwen3 Max's parameter list lacks

Questions

Which model is better for coding, Qwen3 Max or GLM 5?
GLM 5, by a wide margin on Design Arena. It ranks 16th in codecategories (elo 1295, 55.6% win rate) versus Qwen3 Max's 66th (elo 1159, 44% win rate), and it has agent-specific benchmarks like androidnative (rank 6) and fullstack (rank 13) where Qwen3 Max has no equivalent ranking.
How much does each model cost on OpenKey for a typical workload?
For 10M input tokens and 2M output tokens, Qwen3 Max costs $15.60 and GLM 5 costs $9.84 on OpenKey, which applies a flat 3% fee on top of provider list price ($0.78/$3.90 per M for Qwen3 Max, $0.60/$1.92 per M for GLM 5).
Which model has a bigger context window?
Qwen3 Max, with 262,144 tokens versus GLM 5's 202,752 — a 1.29x ratio. If you need to fit very large inputs in one call, Qwen3 Max has more room, though GLM 5 has no published max output token cap while Qwen3 Max caps completions at 32,768 tokens.
Does either model support reasoning mode?
GLM 5 lists a `reasoning` supported parameter with reasoning enabled by default (default_enabled: true). Qwen3 Max's supported parameter list doesn't include a reasoning control, though neither model makes reasoning mandatory.

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