OpenAI o3 vs Qwen Max

Performance benchmarks + pricing comparison — updated April 2026

OpenAI o3

OpenAI

Next generation reasoning model. Improved coding and math over o1.

Input$10.00/M
Output$40.00/M
Context200K tokens
Best ForAdvanced coding, complex problem-solving
Benchmark85/100

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 o3Qwen MaxLeader
Overall Score 85 68 o3 leads by 17pts
SWE-bench Verified 82 62 o3 leads by 20pts
LiveCodeBench 88 70 o3 leads by 18pts
HumanEval 96 86 o3 leads by 10pts
BigCodeBench 74 54 o3 leads by 20pts

Cost Comparison by Scenario

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

ScenarioOpenAI o3Qwen MaxSavings
Small Script (1K lines) $1.55 $0.25 Qwen Max saves $1.30 (84%)
Medium Feature (10K lines) $11.50 $1.84 Qwen Max saves $9.66 (84%)
Large Project (50K lines) $57.50 $9.20 Qwen Max saves $48.30 (84%)
Code Review (5K lines) $2.75 $0.44 Qwen Max saves $2.31 (84%)

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 85 $0.167/pt Higher cost per point
Qwen Max 68 $0.024/pt Better value

Qwen Max delivers the best value at $0.024 per score point.

Strengths & Weaknesses

OpenAI o3

  • + Latest reasoning model
  • + Top-tier across all benchmarks
  • - Very expensive
  • - Slow

Qwen Max

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

Verdict

Qwen Max is cheaper at $1.60/M, but OpenAI o3 scores higher on benchmarks (85 vs 68).

Choose Qwen Max for cost-sensitive projects, OpenAI o3 when performance matters most.

Compare with Other Models