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Comparison · 2 models · Updated Oct 4, 2026

Phi-4-mini vs Qwen3 Coder Next

Phi-4-mini comes out ahead, 58 to 51 on our weighted score, and it is the cheaper option too.

  1. Our pick

    Microsoft

    Phi-4-mini

    Released Dec 11, 2024

    58/100
    • ECI—
    • Price$0.075 / $0.30
    • Context128K
  2. Alibaba (Qwen)

    Qwen3 Coder Next

    Released Feb 3, 2026

    51/100
    • ECI—
    • Price$0.20 / $1.20
    • Context262K
  3. Add a model

    Make it a three-way comparison.

01 — Verdict

Phi-4-mini is our pick

Phi-4-mini is the better all-round choice, scoring 58/100 against Qwen3 Coder Next (51). It leads on price. Qwen3 Coder Next wins on inputs & features and context window. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest pricePhi-4-miniPhi-4-mini $0.131 · Qwen3 Coder Next $0.45 per 1M tokens (3:1 blend)
  • Longest contextQwen3 Coder NextQwen3 Coder Next 262,144 · Phi-4-mini 128,000 tokens
  • Widest inputsSame inputsPhi-4-mini: Text · Qwen3 Coder Next: Text
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightPhi-4-miniQwen3 Coder Next
Price50%9266
Inputs & features30%2535
Context window20%2437
Overall100%58/10051/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

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

Phi-4-mini vs Qwen3 Coder Next specifications side by side
SpecificationPhi-4-miniMicrosoftQwen3 Coder NextAlibaba (Qwen)
Capability
Capabilities Index (ECI)——
ECI rank——
Price per million tokens
Input$0.075 (best)$0.20
Output$0.30 (best)$1.20
Cached input——
Blended (3:1)$0.131 (best)$0.45
Long-context rateSame rateSame rate
Price sourceOfficial Azure APIMedian of 11 providers
Limits
Context window128,000 tokens262,144 tokens (best)
Max output4,096 tokens65,536 tokens (best)
Inputs and features
TextYesYes
ImagesNoNo
PDFsNoNo
AudioNoNo
VideoNoNo
ReasoningNoNo
Tool callingYesYes
Structured outputNoYes
Availability
WeightsOpenOpen
API model IDphi-4-mini—
API providers111 (best)
ReleasedDec 11, 2024Feb 3, 2026
Knowledge cutoffOct 2023Sep 2025
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.

  • Phi-4-mini$1.35
  • Qwen3 Coder Next$4.40
04 — Questions

Which should you choose?

Which is better: Phi-4-mini or Qwen3 Coder Next?

Phi-4-mini is the better all-round choice, scoring 58/100 against Qwen3 Coder Next (51). It leads on price. Qwen3 Coder Next wins on inputs & features and context window. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, Phi-4-mini or Qwen3 Coder Next?

Phi-4-mini is cheaper at $0.075 input / $0.30 output per million tokens (official Azure API price). Qwen3 Coder Next costs $0.20 input / $1.20 output per million tokens (median across 11 API providers). At a typical mix of three input tokens to one output token, that is $0.131 per million tokens for Phi-4-mini versus $0.45 for Qwen3 Coder Next (3.4× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers both models yet. Phi-4-mini has not been scored yet and Qwen3 Coder Next has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Phi-4-mini and Qwen3 Coder Next yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Both support tool calling for agent workflows.

Which has the bigger context window?

Qwen3 Coder Next has the largest context window at 262,144 tokens, against 128,000 for Phi-4-mini. Maximum output per response: Phi-4-mini up to 4,096, Qwen3 Coder Next up to 65,536 tokens.

Which can read images, PDFs, audio or video?

Phi-4-mini accepts text; Qwen3 Coder Next accepts text. They handle the same number of input types.

Are any of these open source?

Yes, both publish their weights, so you can self-host them.

Which is newer?

Qwen3 Coder Next is the newest, released Feb 3, 2026. Phi-4-mini came out Dec 11, 2024. Knowledge cutoff: Phi-4-mini Oct 2023, Qwen3 Coder Next Sep 2025.

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 Oct 4, 2026.