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Comparison · 3 models · Updated Nov 2, 2026

DeepSeek V3 0324 vs Magistral Small vs QwQ 32B

Too close to call on our weighted score (QwQ 32B 53, DeepSeek V3 0324 52, Magistral Small 49). The right pick depends on what you value most.

  1. DeepSeek

    DeepSeek V3 0324

    Released Mar 24, 2025

    52/100
    • ECI135.9
    • Price$0.275 / $1.12
    • Context164K
  2. Mistral AI

    Magistral Small

    Released Jun 10, 2025

    49/100
    • ECI133.1
    • Price$0.50 / $1.50
    • Context131K
  3. Alibaba (Qwen)

    QwQ 32B

    Released Mar 5, 2025

    53/100
    • ECI137.5
    • Price$0.53 / $0.70
    • Context131K
01 — Verdict

Too close to call

It is close. Our weighted score puts them within 1 points (QwQ 32B 53/100, DeepSeek V3 0324 52/100, Magistral Small 49/100), so choose by what matters most for your work: QwQ 32B for raw capability, DeepSeek V3 0324 on price and DeepSeek V3 0324 for long inputs. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • CapabilityQwQ 32BCapabilities Index (ECI): QwQ 32B 137.5 · DeepSeek V3 0324 135.9 · Magistral Small 133.1
  • Lowest priceDeepSeek V3 0324DeepSeek V3 0324 $0.486 · QwQ 32B $0.573 · Magistral Small $0.75 per 1M tokens (3:1 blend)
  • Longest contextDeepSeek V3 0324DeepSeek V3 0324 163,840 · Magistral Small 131,072 · QwQ 32B 131,072 tokens
  • Widest inputsSame inputsDeepSeek V3 0324: Text · Magistral Small: Text · QwQ 32B: Text
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightDeepSeek V3 0324Magistral SmallQwQ 32B
CapabilityCapabilities Index (ECI)50%595661
Price25%625359
Inputs & features15%253535
Context window10%282525
Overall100%52/10049/10053/100
02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

DeepSeek V3 0324 vs Magistral Small vs QwQ 32B specifications side by side
SpecificationDeepSeek V3 0324DeepSeekMagistral SmallMistral AIQwQ 32BAlibaba (Qwen)
Capability
Capabilities Index (ECI)135.9133.1137.5 (best)
ECI rank#128 of 165#134 of 165#123 of 165 (best)
GPQA DiamondGraduate-level science questions67.6% (best)56.1%65.3%
OTIS Mock AIME 2024–2025Competition mathematics37.8%30.0%59.2% (best)
Price per million tokens
Input$0.275 (best)$0.50$0.53
Output$1.12$1.50$0.70 (best)
Cached input———
Blended (3:1)$0.486 (best)$0.75$0.573
Long-context rateSame rateSame rateSame rate
Price sourceMedian of 13 providersMedian of 1 providersMedian of 2 providers
Limits
Context window163,840 tokens (best)131,072 tokens131,072 tokens
Max output163,840 tokens (best)8,192 tokens8,192 tokens
Inputs and features
TextYesYesYes
ImagesNoNoNo
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningNoYesYes
Tool callingYesYesYes
Structured outputNoNoNo
Availability
WeightsOpenOpenApache 2.0Open
API model ID———
API providers13 (best)22
ReleasedMar 24, 2025Jun 10, 2025Mar 5, 2025
Knowledge cutoff——Apr 2024
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • DeepSeek V3 0324$4.99
  • Magistral Small$8.00
  • QwQ 32B$6.70
04 — Questions

Which should you choose?

Which is better: DeepSeek V3 0324, Magistral Small or QwQ 32B?

It is close. Our weighted score puts them within 1 points (QwQ 32B 53/100, DeepSeek V3 0324 52/100, Magistral Small 49/100), so choose by what matters most for your work: QwQ 32B for raw capability, DeepSeek V3 0324 on price and DeepSeek V3 0324 for long inputs. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, DeepSeek V3 0324, Magistral Small or QwQ 32B?

DeepSeek V3 0324 is cheaper at $0.275 input / $1.12 output per million tokens (median across 13 API providers). QwQ 32B costs $0.53 input / $0.70 output per million tokens (median across 2 API providers); Magistral Small costs $0.50 input / $1.50 output per million tokens (median across 1 API provider). At a typical mix of three input tokens to one output token, that is $0.486 per million tokens for DeepSeek V3 0324 versus $0.573 for QwQ 32B (1.2× as much) and $0.75 for Magistral Small (1.5× as much).

Which scores higher on benchmarks?

QwQ 32B scores higher on the Capabilities Index (ECI): QwQ 32B 137.5 (#123 of 165), DeepSeek V3 0324 135.9 (#128 of 165) and Magistral Small 133.1 (#134 of 165). The confidence ranges of the top two overlap (133.1–141.3 vs 132.5–137.7), so treat the gap as small. On individual benchmarks: GPQA Diamond — DeepSeek V3 0324 67.6%, QwQ 32B 65.3%, Magistral Small 56.1%; OTIS Mock AIME 2024–2025 — QwQ 32B 59.2%, DeepSeek V3 0324 37.8%, Magistral Small 30.0%.

Which is better for coding?

There are no published SWE-bench Verified results for DeepSeek V3 0324, Magistral Small and QwQ 32B yet, so there is no like-for-like coding score. On overall capability, QwQ 32B leads, which tends to carry over to coding, but test on your own codebase. All three support tool calling for agent workflows.

Which has the bigger context window?

DeepSeek V3 0324 has the largest context window at 163,840 tokens, against 131,072 for Magistral Small and 131,072 for QwQ 32B. Maximum output per response: DeepSeek V3 0324 up to 163,840, Magistral Small up to 8,192, QwQ 32B up to 8,192 tokens.

Which can read images, PDFs, audio or video?

DeepSeek V3 0324 accepts text; Magistral Small accepts text; QwQ 32B accepts text. They handle the same number of input types.

Are any of these open source?

Yes, all three publish their weights (Apache 2.0), so you can self-host them.

Which is newer?

Magistral Small is the newest, released Jun 10, 2025. DeepSeek V3 0324 came out Mar 24, 2025; QwQ 32B came out Mar 5, 2025. Knowledge cutoff: QwQ 32B Apr 2024.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Nov 2, 2026.