LLM Reference

o3 vs Phi-3 Mini 4k

o3 (2025) and Phi-3 Mini 4k (2024) are frontier reasoning models from OpenAI and Microsoft Research. o3 ships a 200k-token context window, while Phi-3 Mini 4k ships a 4k-token context window. On Google-Proof Q&A, o3 leads by 46.8 pts. On pricing, Phi-3 Mini 4k costs $0.05/1M input tokens versus $2/1M for the alternative. This comparison covers specs, pricing, API access, capabilities, benchmarks, input and output token costs, and production fit for coding and agent workloads.

Phi-3 Mini 4k is ~3900% cheaper at $0.05/1M; pay for o3 only for coding workflow support.

Decision scorecard

Local evidence first
Signalo3Phi-3 Mini 4k
Best forreasoning-heavy apps, multimodal apps, and tool-calling agentsprovider-routed production
Decision fitCoding, RAG, and AgentsCoding and Classification
Context window200k4k
Cheapest output$8/1M tokens$0.25/1M tokens
Provider routes3 tracked4 tracked
Shared benchmarksGoogle-Proof Q&A leader2 rows

Decision tradeoffs

Choose o3 when...
  • o3 holds a shared-benchmark lead on Google-Proof Q&A, ahead by 46.8 points.
  • o3 has the larger context window for long prompts, retrieval packs, or transcript analysis.
  • o3 uniquely exposes Vision, Multimodal, and Reasoning in local model data.
  • Local decision data tags o3 for Coding, RAG, and Agents.
Choose Phi-3 Mini 4k when...
  • Phi-3 Mini 4k has the lower cheapest tracked output price at $0.25/1M tokens.
  • Phi-3 Mini 4k has broader tracked provider coverage for fallback and procurement flexibility.
  • Local decision data tags Phi-3 Mini 4k for Coding and Classification.

Monthly cost at traffic

Estimate token spend from the cheapest tracked input and output route or tier on this page.

Lower estimate Phi-3 Mini 4k

o3

$3,600

Cheapest tracked route/tier: OpenAI API

Phi-3 Mini 4k

$103

Cheapest tracked route/tier: Replicate API

Estimated monthly gap: $3,498. Batch, cache, alternate speed tiers, and negotiated pricing are excluded from this local estimate.

Switch friction

o3 -> Phi-3 Mini 4k
  • No overlapping tracked provider route is sourced for o3 and Phi-3 Mini 4k; plan for SDK, billing, or endpoint changes.
  • Phi-3 Mini 4k is $7.75/1M tokens lower on cheapest tracked output pricing before cache, batch, or negotiated discounts.
  • Check replacement coverage for Vision, Multimodal, and Reasoning before moving production traffic.
Phi-3 Mini 4k -> o3
  • No overlapping tracked provider route is sourced for Phi-3 Mini 4k and o3; plan for SDK, billing, or endpoint changes.
  • o3 is $7.75/1M tokens higher on cheapest tracked output pricing, so quality gains need to justify the spend.
  • o3 adds Vision, Multimodal, and Reasoning in local capability data.

Specs

Specification
Released2025-04-162024-04-23
Context window200k4k
Parameters3.8B
Architecturedecoder onlydecoder only
LicenseProprietaryMIT(OSI)
OpennessProprietaryOpen source
Commercial useCommercial use with conditionsCommercial use allowed
Knowledge cutoff2024-062023-10

Pricing and availability

Pricing attributeo3Phi-3 Mini 4k
Input price$2/1M tokens$0.05/1M tokens
Output price$8/1M tokens$0.25/1M tokens
Providers

Capabilities

Capabilityo3Phi-3 Mini 4k
VisionYesNo
MultimodalYesNo
ReasoningYesNo
Function callingYesNo
Tool useYesNo
Structured outputsYesNo
Code executionYesNo
IDE integrationNoNo
Computer useNoNo
Parallel agentsNoNo

Benchmarks

Benchmarko3Phi-3 Mini 4k
Google-Proof Q&A87.740.9
HumanEval96.759.8

Deep dive

On shared benchmark coverage, Google-Proof Q&A has o3 at 87.7 and Phi-3 Mini 4k at 40.9, with o3 ahead by 46.8 points; HumanEval has o3 at 96.7 and Phi-3 Mini 4k at 59.8, with o3 ahead by 36.9 points. The largest visible gap is 46.8 points on Google-Proof Q&A, which matters most when that benchmark mirrors your workload. Treat isolated benchmark wins as directional, because provider routing, prompt style, and tool access can move real application results.

The capability footprint differs most on vision: o3, multimodal input: o3, reasoning mode: o3, function calling: o3, tool use: o3, structured outputs: o3, and code execution: o3. Both models share the core language-model surface, so the practical split is not just feature count. Use those differences to decide whether the page is about raw model quality, agentic coding support, multimodal ingestion, or predictable structured API behavior.

For cost, o3 lists $2/1M input and $8/1M output tokens on the cheapest tracked provider, while Phi-3 Mini 4k lists $0.05/1M input and $0.25/1M output tokens on the cheapest tracked provider. A 70/30 input-output blend puts Phi-3 Mini 4k lower by about $3.69 per million blended tokens. Availability is 3 providers versus 4, so concentration risk also matters.

Choose o3 when coding workflow support and larger context windows are central to the workload. Choose Phi-3 Mini 4k when provider fit, lower input-token cost, and broader provider choice are more important. For production, rerun your own prompts through the exact provider, region, and tool stack you plan to ship.

FAQ

Which has a larger context window, o3 or Phi-3 Mini 4k?

o3 supports 200k tokens, while Phi-3 Mini 4k supports 4k tokens. That gap matters most for long documents, large codebases, retrieval-heavy agents, and conversations where earlier context must remain visible.

Which is cheaper, o3 or Phi-3 Mini 4k?

Phi-3 Mini 4k is cheaper on tracked token pricing. o3 costs $2/1M input and $8/1M output tokens. Phi-3 Mini 4k costs $0.05/1M input and $0.25/1M output tokens. Provider discounts or batch pricing can still change the final bill.

Is o3 or Phi-3 Mini 4k open source?

o3 is listed under Proprietary. Phi-3 Mini 4k is listed under MIT. License labels affect whether you can self-host, redistribute weights, or rely only on hosted APIs, so confirm the upstream license before deployment.

Which is better for vision, o3 or Phi-3 Mini 4k?

o3 has the clearer documented vision signal in this comparison. If vision is mission-critical, validate it against the provider endpoint because model-level support and API-level exposure can differ. Use this as a quick comparison signal, then confirm the provider-specific limits before committing to production.

Which is better for multimodal input, o3 or Phi-3 Mini 4k?

o3 has the clearer documented multimodal input signal in this comparison. If multimodal input is mission-critical, validate it against the provider endpoint because model-level support and API-level exposure can differ.

Where can I run o3 and Phi-3 Mini 4k?

o3 is available on OpenAI API, OpenRouter, and Vercel AI Gateway. Phi-3 Mini 4k is available on Microsoft Foundry, NVIDIA NIM, Baseten API, and Replicate API. Provider coverage can affect latency, region availability, compliance posture, and fallback options.

Continue comparing

Last reviewed: 2026-06-08. Data sourced from public model cards and provider documentation.