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Comparison · 2 models · Updated Oct 4, 2026

Qwen3 Coder Next vs Phi-4-mini

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

  1. Alibaba (Qwen)

    Qwen3 Coder Next

    Released Feb 3, 2026

    51/100
    • ECI—
    • Price$0.20 / $1.20
    • Context262K
  2. Our pick

    Microsoft

    Phi-4-mini

    Released Dec 11, 2024

    58/100
    • ECI—
    • Price$0.075 / $0.30
    • Context128K
  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 inputsQwen3 Coder Next: Text · Phi-4-mini: Text
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightQwen3 Coder NextPhi-4-mini
Price50%6692
Inputs & features30%3525
Context window20%3724
Overall100%51/10058/100

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.

Qwen3 Coder Next vs Phi-4-mini specifications side by side
SpecificationQwen3 Coder NextAlibaba (Qwen)Phi-4-miniMicrosoft
Capability
Capabilities Index (ECI)——
ECI rank——
Price per million tokens
Input$0.20$0.075 (best)
Output$1.20$0.30 (best)
Cached input——
Blended (3:1)$0.45$0.131 (best)
Long-context rateSame rateSame rate
Price sourceMedian of 11 providersOfficial Azure API
Limits
Context window262,144 tokens (best)128,000 tokens
Max output65,536 tokens (best)4,096 tokens
Inputs and features
TextYesYes
ImagesNoNo
PDFsNoNo
AudioNoNo
VideoNoNo
ReasoningNoNo
Tool callingYesYes
Structured outputYesNo
Availability
WeightsOpenOpen
API model ID—phi-4-mini
API providers11 (best)1
ReleasedFeb 3, 2026Dec 11, 2024
Knowledge cutoffSep 2025Oct 2023
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.

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

Which should you choose?

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

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, Qwen3 Coder Next or Phi-4-mini?

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. Qwen3 Coder Next has not been scored yet and Phi-4-mini has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Qwen3 Coder Next and Phi-4-mini 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: Qwen3 Coder Next up to 65,536, Phi-4-mini up to 4,096 tokens.

Which can read images, PDFs, audio or video?

Qwen3 Coder Next accepts text; Phi-4-mini 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: Qwen3 Coder Next Sep 2025, Phi-4-mini Oct 2023.

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.