Qwen3 Max vs GLM-5
Benchmarks, API Token Pricing, Context Window & Speed Comparison
Related topics (12)
Alibaba 的 Qwen3 Max 与 Zhipu AI 的 GLM-5 是当前备受关注的两款主力 AI 模型。Qwen3 Max 提供 262.1K Token 上下文窗口，API 定价为每百万 Token 输入 $2.00 / 输出 $6.00；而 GLM-5 提供 204.8K Token 上下文窗口，定价为每百万 Token 输入 $0.00 / 输出 $0.00。以下为两者的基准测试、延迟与成本全面对比。
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Qwen3 Max
自主智能体与工具专家Alibaba 推出的 Qwen3 Max 是一款专为长周期自主智能体 (Agent)、工具调用与自动化工作流打造的大模型，具备 262K 上下文窗口、72 Token/秒生成速度与 88/100 综合智能指数（每百万 Token $2 输入 / $6 输出）。
$2.00 / 1M
$6.00 / 1M
262.1K tokens
62.5%
GLM-5
开源权重基础大模型Zhipu AI 推出的 GLM-5 是一款支持私有云服务器自托管、微调与完全数据主权的开源权重基础大模型，具备 205K 上下文窗口、68 Token/秒生成速度与 87/100 综合智能指数（免费开源权重）。
$0.00 / 1M
$0.00 / 1M
204.8K tokens
58%
核心差异一览
- GLM-5 is 1.0x cheaper for API usage (input + output tokens combined).
- Qwen3 Max has a larger context window (262K vs 205K tokens).
- Qwen3 Max is faster at 72 tok/s vs 68 tok/s.
- Qwen3 Max leads on SWE-bench coding (62.5% vs 58.0%).
| Feature | Qwen3 Max | GLM-5 |
|---|---|---|
Intelligence Index Composite reasoning & knowledge score (0-100) | 88 | 87 |
Provider | Alibaba | Zhipu AI |
Input Price Cost per million input tokens | $2.00 / 1M | $0.00 / 1M |
Output Price Cost per million output tokens | $6.00 / 1M | $0.00 / 1M |
Blended Price Weighted 7:2:1 cache:input:output per 1M | $1.28 / 1M | $0.00 / 1M |
Context Window Maximum input + output tokens | 262.1K tokens~393 A4 pages of text | 204.8K tokens~307 A4 pages of text |
Max Output Tokens Per single request | 16K | 16K |
Throughput Speed Tokens generated per second | 72 tok/s | 68 tok/s |
SWE-bench Verified Real-world software engineering | 62.5% | 58% |
GPQA Diamond Graduate-level reasoning | 71.2% | 68% |
Cached Input Price Prompt caching discount per 1M tokens | $0.40 / 1M | $0.00 / 1M |
各项指标谁更胜一筹？
At-a-glance decision framework权威基准测试得分对比
Official evaluation metrics verified by independent third-party research labs.
Industry benchmark evaluating real-world GitHub issue resolution and multi-file debugging.
Challenging questions created by domain experts to test complex PhD-level reasoning.
Hardened reasoning and academic knowledge benchmark with reduced lucky-guess probability.
Crowdsourced human preference evaluation based on blind, head-to-head model battles.
Tokens emitted per second during active generation streaming.
延迟与响应速度
Time to first token (TTFT) and estimated end-to-end response time for a typical 500-token response.
实时 Token 成本模拟器
Adjust sliders to calculate projected monthly cloud API spending with prompt caching discounts.
Qwen3 Max · Strengths & Key Advantages
- 提供 262K 上下文窗口与最高 16K 输出容量，核心基准表现优异（SWE-bench Verified 62.5% · GPQA Diamond 71.2%）
- 高达 72 Token/秒的生成吞吐量，首字延迟 (TTFT) 仅约 590 毫秒
- 极具竞争力的 API 定价（每百万 Token $2 输入 / $6 输出），原生支持提示词缓存、函数调用与结构化 JSON 输出
Considerations & Trade-offs
- 闭源专有云端模型，不支持下载权重进行离线本地物理隔离部署
- 在大规模高频调用场景下，建议结合提示词缓存 (Prompt Caching) 与批量 API 以控制成本
GLM-5 · Strengths & Key Advantages
- 提供 205K 上下文窗口与最高 16K 输出容量，核心基准表现优异（SWE-bench Verified 58% · GPQA Diamond 68%）
- 高达 68 Token/秒的生成吞吐量，首字延迟 (TTFT) 仅约 580 毫秒
- 开放模型权重 (240B MoE)，支持通过 vLLM、SGLang 或 Ollama 在私有 GPU 集群上本地部署与微调
Considerations & Trade-offs
- 在本地以满血精度运行需要较高的 GPU 显存 (VRAM) 与运维基础设施
- 在超长链路的前沿科研推导任务上，深度略逊于顶配重型旗舰推理模型
Token Use & Task Economics
Estimated cost and token consumption to complete one representative agentic task.
| Metric | Qwen3 Max | GLM-5 |
|---|---|---|
Cost per Task Estimated USD to finish one task | $0.28 | $0.00 |
Output Tokens / Task Tokens generated per task | 25K | 24K |
Reasoning Tokens / Task Thinking tokens burned per task | 10K | 8K |
技术规格参数
Architecture, release timeline, capabilities, and modalities.
| Feature | Qwen3 Max | GLM-5 |
|---|---|---|
| Official API Model ID (SDK) | qwen3-max-instruct | glm-5 |
| API Protocol | Alibaba REST API (OpenAI-Compatible) | OpenAI-Compatible REST / vLLM / SGLang / HuggingFace TGI |
| Release Date | 2025-09 | 2026-02 |
| Knowledge Cutoff | July 2025 | December 2025 |
| Architecture | Advanced Dense/MoE Hybrid Frontier Transformer | Frontier Sparse Mixture-of-Experts Autoregressive Transformer |
| Parameters | Confidential | 240B MoE |
| Enterprise Rate Limits (RPM / TPM) | 5,000 – 15,000 RPM (Production Tier) · 800,000 – 2,000,000 TPM | Unlimited (Hardware-bound on self-hosted GPU) / 10,000 RPM Cloud · Unlimited local throughput / 10M+ TPM Managed Cloud |
| Long-Context Tier (>128K/200K) | Flat rate ($2/1M in) across full 262K window | Free across full context window (only KV-cache VRAM scales) |
| Prompt Cache Policy & TTL | Cached input at $0.4/1M tokens | Automatic prefix KV-caching in vLLM / SGLang (0 cost) |
| Computer Use / GUI Agent | API / CLI Tool-Use & DOM Agent ready (no raw pixel desktop click loop) | API / CLI Tool-Use & DOM Agent ready (no raw pixel desktop click loop) |
| MCP & Parallel Tool Calling | Native MCP Client/Server ready · Parallel function calling · 100% Strict JSON Schema | Native MCP Client/Server ready · Parallel function calling · 100% Strict JSON Schema |
| Web Search Grounding & Sandbox | Supported via external Tavily/Exa Search & E2B/Docker Sandbox tools | Supported via external Tavily/Exa Search & E2B/Docker Sandbox tools |
| Official Fine-Tuning Support | API Prompt Engineering & RAG Distillation | Full Weights SFT, LoRA, QLoRA, DPO & GRPO RL (Unsloth / Axolotl / Llama-Factory) |
| Multimodal Token Billing | Text BPE (~4 chars/token) | Text BPE (~4 chars/token) |
| Quantization & Min GPU VRAM | Cloud-Hosted Proprietary (FP8 / BF16 Tensor Core Cluster) · Zero Local VRAM Required (100% Serverless Cloud API) | BF16 / FP16, FP8 Dynamic, INT4 AWQ / GPTQ, GGUF (Q4_K_M / Q8_0) · 149 GB VRAM (4-bit Quantized) · 516 GB VRAM (Native BF16) |
| Safety & Frontier Classification | Alibaba Production Safety & Alignment Verified | Open-Weights System Card + Customizable Guardrail Layer (Llama Guard / ShieldGemma) |
| Enterprise Compliance (ZDR/HIPAA/SOC2) | SOC2 Type II · GDPR · Zero Data Retention (ZDR) & HIPAA BAA Available on Enterprise Tier | 100% Air-Gapped On-Premises / Private VPC · Full HIPAA, GDPR & SOC2 Control |
| Input Modalities | text | text |
| Output Modalities | text | text |
Qwen3 Max vs GLM-5: 常见问题解答 (FAQ)
Which is more intelligent, Qwen3 Max or GLM-5?
Qwen3 Max is more intelligent. It scores 88 compared with 87 on the composite Intelligence Index.
Which model is faster?
Qwen3 Max is faster, generating 72 tokens per second compared with 68 tokens per second.
Which model is cheaper to run?
GLM-5 is cheaper at $0.00 per 1M tokens blended, compared with $1.28 (7:2:1 cache:input:output ratio).
Which model has lower latency?
GLM-5 has lower latency, with a time to first token of 0.58s compared with 0.59s.
Which model has a larger context window?
Qwen3 Max has a larger context window, supporting 262.1K tokens compared with 204.8K tokens.
综合结论
综合来看，Qwen3 Max（适合：专为长周期自主智能体 (Agent)、工具调用与自动化工作流打造的任务、企业级 RAG 检索增强生成、自动化智能体工作流与高可靠 API 集成。）与 GLM-5（适合：支持私有云服务器自托管、微调与完全数据主权的开源权重基础任务、企业级 RAG 检索增强生成、自动化智能体工作流与高可靠 API 集成。）各具优势：Qwen3 Max 在综合智能与编程基准测试中表现更强，Qwen3 Max 拥有更快的 Token 生成速度，而 GLM-5 则在规模化 API 部署中具备更高的成本效益。
常见问题 (FAQ)
在编程和深度推理方面，Qwen3 Max 和 GLM-5 哪个更强？+
在综合智能指数与编程基准评测中，Qwen3 Max 表现占优。建议结合上方的 SWE-bench Verified 与 GPQA Diamond 跑分根据具体场景选择。
Qwen3 Max 与 GLM-5 的 API 价格哪个更便宜？+
Qwen3 Max 的 API 价格为输入 $2.00 / 输出 $6.00（每百万 Token），GLM-5 为输入 $0.00 / 输出 $0.00。综合混合成本来看，GLM-5 更具性价比。
哪款模型拥有更大的上下文窗口和更快的响应速度？+
Qwen3 Max 支持 262.1K Token 上下文窗口，而 GLM-5 支持 204.8K Token。在流式生成速度方面，Qwen3 Max 的吞吐表现更快。
Understand key metrics like context window, token pricing, reasoning mode, and SWE-bench scores in our comprehensive AI glossary.
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Benchmark scores, token prices, and rate limits evolve rapidly as AI labs release model updates. Always verify current specifications and pricing on the official provider documentation.
数据来源: Alibaba 与 Zhipu AI 官方 API 文档、模型发布说明及独立基准测试报告 (2026)。