Motion and physics
Luma's Ray 2 produces smooth, natural camera moves and objects that behave plausibly. Runway Gen-4.5 is strong too and holds subjects consistently across a shot. It's close; Luma has the edge on camera movement.
edge: Luma
Resolution
Luma renders at 540p, 720p, 1080p or 4K. Runway Gen-4.5 renders at 720p, with Seedance 2.5 through Runway going to 1080p and an upscaler for finished clips.
edge: Luma
Building longer sequences
Luma can extend a finished clip and loop it seamlessly, and can move from a start frame to an end frame. Runway's clips are 5 or 10 seconds on Gen-4.5; longer pieces are assembled from several clips.
edge: Luma
Working with existing footage
Runway's Aleph 2 restyles a video you upload; Luma works from text and images rather than existing footage.
edge: Runway
Cost per clip
A 5-second 720p clip is 855 tokens on Ray 2 and 290 tokens on Ray Flash 2; at 1080p, Ray 2 is 1,035 tokens. Runway Gen-4.5 is 720 tokens for 5 seconds at 720p and Gen-4 Turbo 300 tokens.
edge: Runway