OpenAI o3-mini vs Qwen Max

Performance benchmarks + pricing comparison — updated April 2026

OpenAI o3-mini

OpenAI

Affordable reasoning model for coding tasks. Best price-performance for algorithm-heavy work.

Input$1.10/M
Output$4.40/M
Context200K tokens
Best ForAlgorithm design, coding challenges, debugging
Benchmark80/100

Qwen Max

Qwen

Qwen's most powerful model. Strong reasoning and coding capabilities.

Input$1.60/M
Output$6.40/M
Context32K tokens
Best ForComplex reasoning, advanced coding
Benchmark68/100

Benchmark Performance Comparison

Third-party benchmark scores — higher is better. Data sourced from SWE-bench, LiveCodeBench, HumanEval, and BigCodeBench.

BenchmarkOpenAI o3-miniQwen MaxLeader
Overall Score 80 68 o3-mini leads by 12pts
SWE-bench Verified 76 62 o3-mini leads by 14pts
LiveCodeBench 85 70 o3-mini leads by 15pts
HumanEval 94 86 o3-mini leads by 8pts
BigCodeBench 65 54 o3-mini leads by 11pts

Cost Comparison by Scenario

Estimated cost per project with 30% cache hit rate. Actual costs may vary based on usage patterns.

ScenarioOpenAI o3-miniQwen MaxSavings
Small Script (1K lines) $0.17 $0.25 OpenAI o3-mini saves $0.08 (31%)
Medium Feature (10K lines) $1.27 $1.84 OpenAI o3-mini saves $0.58 (31%)
Large Project (50K lines) $6.33 $9.20 OpenAI o3-mini saves $2.88 (31%)
Code Review (5K lines) $0.30 $0.44 OpenAI o3-mini saves $0.14 (31%)

Value Analysis (Price per Benchmark Score Point)

Lower is better — how much you pay for each point of benchmark performance.

ModelOverall ScorePrice per Score PointVerdict
OpenAI o3-mini 80 $0.014/pt Better value
Qwen Max 68 $0.024/pt Higher cost per point

OpenAI o3-mini delivers the best value at $0.014 per score point.

Strengths & Weaknesses

OpenAI o3-mini

  • + Excellent at competitive programming
  • + Strong algorithmic reasoning
  • - Optimized for reasoning, not chat

Qwen Max

  • + Strong Chinese language support
  • + Good value
  • - Less tested on English coding

Verdict

OpenAI o3-mini wins on both price and performance — $1.10/M input with a benchmark score of 80/100.

For most developers, this is the clear choice between these two models.

Compare with Other Models