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o3 Mini vs Qwen3 32B

o3 Mini leads Qwen3 32B on the Artificial Analysis Intelligence Index, 12.5 to 7.3, and Qwen3 32B costs 11.0x less per output token ($0.40 vs $4.40 per million). Updated October 22, 2026; 40 benchmarks have a result for both.

Replace o3 Mini Replace Qwen3 32B
o3 MiniOpenAI
Coding
No data
Overall
38.0
Output $/M
$4.40
27
Qwen3 32BQwen
Coding
No data
Overall
40.8
Output $/M
$0.40
13
vs boards won of 40 shared

o3 Mini or Qwen3 32B: which to pick

Neither model has a coding score yet, so the two cannot be ranked on coding.

Pick o3 Mini for a larger context window (200K against 131K tokens) and work measured by LMArena Text: software and IT or LMArena Text: math, where it leads.

Model Ao3 MiniOpenAINot benchmarkedNo coding benchmarkNo cost per solved taskModel BQwen3 32BQwenNot benchmarkedNo coding benchmarkNo cost per solved task
Shared results
40
o3 Mini only
31
Qwen3 32B only
5
Like-for-like categories
7 of 9

Only benchmarks that tested both models count toward a pick; a result only one model has is shown but not compared.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
o3 Mini not benchmarked, Qwen3 32B not benchmarked.
Widest category
Coding, 8.9 points apart on average over 6 shared benchmarks.
Widest single gap
Long context reasoning (AA-LCR): o3 Mini 43.0% against Qwen3 32B 0.0%, 43.0 points apart on a 0 to 100 scale.
Output price
o3 Mini $4.40 against Qwen3 32B $0.40 per million output tokens, 11.0x apart.
Context window
o3 Mini takes 200K tokens, Qwen3 32B 131K.

Benchmark by benchmark

First the score: boards each model leads, per category, where both have a result. Then every board, a category to a fold; bars are each result on a 0 to 100 scale, so compare the two in a row, not one row with another.

Boards won, where both have a result
Categoryo3 MiniBarsQwen3 32BTies
Coding51
Intelligence20
Agentic work10
Reasoning60
Math12
Knowledge23
General107
All shared boards2713
CodingLike-for-likeSix of these boards feed the Vibe Coding Index51
Coding benchmarks for o3 Mini and Qwen3 32B
Benchmarko3 MiniQwen3 32BLeader
Aider polyglot60.4%40.0%o3 Mini
SWE-bench Verified42.4%Not measuredOnly o3 Mini measured
SWE-bench Lite32.3%Not measuredOnly o3 Mini measured
LiveCodeBench (Vals AI)71.5%Not measuredOnly o3 Mini measured
LiveCodeBench (Artificial Analysis run)73.4%54.6%o3 Mini
SciCode42.8%36.0%o3 Mini
Terminal-Bench Hard (Artificial Analysis run)6.8%3.0%o3 Mini
GSO-Bench1.3%Not measuredOnly o3 Mini measured
WeirdML43.7%Not measuredOnly o3 Mini measured
Cybench22.5%Not measuredOnly o3 Mini measured
LMArena Text: coding13781357o3 Mini
LMArena Text: software and IT13641366Qwen3 32B
SciCode7.7%Not measuredOnly o3 Mini measured
Neither model has a result on the other 26 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index20
Intelligence benchmarks for o3 Mini and Qwen3 32B
Benchmarko3 MiniQwen3 32BLeader
AA Intelligence Index12.57.3o3 Mini
Epoch Capabilities Index140.2138.4o3 Mini
Agentic workLike-for-likePublic boards, shown as published, kept out of the index10
Agentic work benchmarks for o3 Mini and Qwen3 32B
Benchmarko3 MiniQwen3 32BLeader
τ²-Bench Telecom31.3%29.8%o3 Mini
Berkeley Function Calling Leaderboard (BFCL)Not measured48.7%Only Qwen3 32B measured
BrowseComp-PlusNot measured10.7%Only Qwen3 32B measured
Neither model has a result on the other 38 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index60
Reasoning benchmarks for o3 Mini and Qwen3 32B
Benchmarko3 MiniQwen3 32BLeader
GPQA Diamond75.5%Not measuredOnly o3 Mini measured
GPQA Diamond (Artificial Analysis run)77.3%66.8%o3 Mini
Humanity's Last Exam (Artificial Analysis run)12.0%7.4%o3 Mini
GPQA Diamond (Epoch AI run)77.0%65.7%o3 Mini
ARC-AGI34.5%Not measuredOnly o3 Mini measured
ARC-AGI-23.0%Not measuredOnly o3 Mini measured
SimpleBench22.8%Not measuredOnly o3 Mini measured
Chess puzzles15.0%Not measuredOnly o3 Mini measured
Mystery game puzzles7.0%Not measuredOnly o3 Mini measured
LMArena Text: hard prompts13651334o3 Mini
LMArena Text: expert13641362o3 Mini
LMArena Text: hard prompts in English13751350o3 Mini
Kagi LLM BenchmarkNot measured48.7%Only Qwen3 32B measured
Neither model has a result on the other 9 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index12
Math benchmarks for o3 Mini and Qwen3 32B
Benchmarko3 MiniQwen3 32BLeader
AIME86.5%Not measuredOnly o3 Mini measured
MATH 500 (Vals AI)91.8%Not measuredOnly o3 Mini measured
MGSM (Vals AI)91.3%Not measuredOnly o3 Mini measured
AA Math IndexNot measured73.0Only Qwen3 32B measured
AIME 2025 (Artificial Analysis run)Not measured73.0%Only Qwen3 32B measured
OTIS Mock AIME76.9%66.9%o3 Mini
FrontierMath, tiers 1 to 318.6%Not measuredOnly o3 Mini measured
FrontierMath, tier 40.0%Not measuredOnly o3 Mini measured
MATH level 596.5%Not measuredOnly o3 Mini measured
LMArena Text: math13961399Qwen3 32B
LMArena Text: mathematical work13991420Qwen3 32B
Neither model has a result on the other 2 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index23
Knowledge benchmarks for o3 Mini and Qwen3 32B
Benchmarko3 MiniQwen3 32BLeader
MMLU Pro78.7%Not measuredOnly o3 Mini measured
LegalBench (Vals AI)71.5%Not measuredOnly o3 Mini measured
CorpFin (Vals AI)45.3%Not measuredOnly o3 Mini measured
TaxEval (Vals AI)69.4%Not measuredOnly o3 Mini measured
MedQA (Vals AI)94.8%Not measuredOnly o3 Mini measured
MMLU Pro (Artificial Analysis run)80.2%79.8%o3 Mini
SimpleQA Verified15.3%Not measuredOnly o3 Mini measured
LMArena Text: science13391372Qwen3 32B
LMArena Text: medicine and healthcare13301368Qwen3 32B
LMArena Text: legal and government13281324o3 Mini
LMArena Text: business and finance13131318Qwen3 32B
Neither model has a result on the other 7 boards here
Web designNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Web design benchmarks for o3 Mini and Qwen3 32B
Benchmarko3 MiniQwen3 32BLeader
Neither model has a result on 9 boards here
GeneralLike-for-likePublic boards, shown as published, kept out of the index107
General benchmarks for o3 Mini and Qwen3 32B
Benchmarko3 MiniQwen3 32BLeader
IFBench67.1%36.3%o3 Mini
Long context reasoning (AA-LCR)43.0%0.0%o3 Mini
DTBench68.8%67.5%o3 Mini
LMCA19.0%17.3%o3 Mini
Fiction.LiveBench50.0%74.2%Qwen3 32B
Creative writing (Lech Mazur)61.7%Not measuredOnly o3 Mini measured
LMArena Text13371340Qwen3 32B
LMArena Text: instruction following13371305o3 Mini
LMArena Text: creative writing12861297Qwen3 32B
LMArena Text: English13511359Qwen3 32B
LMArena Text: non-English13191317o3 Mini
LMArena Text: Chinese13791357o3 Mini
LMArena Text: German13031341Qwen3 32B
LMArena Text: Japanese1286Not measuredOnly o3 Mini measured
LMArena Text: Korean1313Not measuredOnly o3 Mini measured
LMArena Text: French1334Not measuredOnly o3 Mini measured
LMArena Text: Spanish1321Not measuredOnly o3 Mini measured
LMArena Text: Russian13041311Qwen3 32B
LMArena Text: Polish1294Not measuredOnly o3 Mini measured
LMArena Text: multi-turn13201331Qwen3 32B
LMArena Text: longer queries13431327o3 Mini
LMArena Text: writing and language13131298o3 Mini
LMArena Text: entertainment and media12831279o3 Mini
Neither model has a result on the other 23 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for o3 Mini and Qwen3 32B
Benchmarko3 MiniQwen3 32BLeader
Neither model has a result on 5 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

o3 Mini$0.0033Fits in one request
Qwen3 32B$0.0003Fits in one request

Qwen3 32B costs less

Repository review

50K input + 3K output tokens

o3 Mini$0.068Fits in one request
Qwen3 32B$0.0082Fits in one request

Qwen3 32B costs less

Agent loop

200K input + 10K output tokens

o3 Mini$0.264Exceeds the context window
Qwen3 32B$0.032Exceeds the context window

Qwen3 32B costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of o3 Mini and Qwen3 32B
SpecificationOpenAI o3 MiniQwen3 32B
MakerOpenAIQwen
WeightsNo public weights listedOpen weights
ReleasedJanuary 31, 2025April 28, 2025
Context window200K131K
Input $/Mtok$1.10$0.14
Output $/Mtok$4.40$0.40
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it00
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is o3 Mini better than Qwen3 32B for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick o3 Mini for a larger context window (200K against 131K tokens) and work measured by LMArena Text: software and IT or LMArena Text: math, where it leads.

Which is cheaper, o3 Mini or Qwen3 32B?

o3 Mini costs $1.10 per million input tokens and $4.40 per million output tokens; Qwen3 32B costs $0.14 and $0.40. Cost per solved task is known for neither of them.

Which has the bigger context window, o3 Mini or Qwen3 32B?

o3 Mini, with 200K tokens against 131K.

How many benchmarks is the o3 Mini vs Qwen3 32B comparison based on?

40 benchmarks have a result for both models as of October 22, 2026. o3 Mini's coding index rests on 0 independent benchmarks and Qwen3 32B's on 0. Where only one model has a result, the page says so instead of naming a winner.

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