Is Qwen3 32B a good deal?

Whether anything in this catalogue beats Qwen3 32B on both quality and price, and what you give up if it does. A computation on the current catalogue, not an opinion.

12 undominated of 144 · Oct 16, 2026

As of Oct 16, 2026, Qwen3 32B is dominated for Balanced on LMArena. GLM 5.3 Flash scores 131.0 higher and costs 4% less, with a covering envelope. 12 of 144 rated, priced standard models are undominated. GLM 5.3 Flash: Price under confirmation since Oct 12, 2026.

Inspect model evidence Compare differences & requirements

Current model

Qwen3 32B

Balanced

3 tokens in per 1 out

GLM 5.3 Flash is both better and cheaper than Qwen3 32B: 131.0 points higher on LMArena and 4% less per million tokens, $0.010 cheaper at this mix.

Qwen3 32B

LMArena Elo · higher is better

Scale starts at 1040 Elo

1340.0

Effective $/M · Balanced · lower is better

$0.248/M

GLM 5.3 Flash

LMArena Elo · higher is better

Scale starts at 1040 Elo

1471.0

Effective $/M · Balanced · lower is better

$0.238/M

Price under confirmation since Oct 12, 2026

Qwen3 32B takes text, returns up to 16,384 tokens from a 131,072-token context, and is listed by 3 sellers.

Compared against 144 rated, priced models on this lens: 13 models dominate it and give up nothing, 3 more dominate it but give something up. Qwen3 32B scores 1340 at $0.248 per million tokens for this mix.

Envelope-safe replacements

Each row scores at least as high, costs no more, and covers this model’s context, output, modalities, tools, and reasoning. A cheaper narrower model is not listed here.

ModelLMArenaEffective $/MYou save
GLM 5.3 Flash1471.0 +131.0$0.238/MPrice under confirmation since Oct 12, 20264%
DeepSeek V4.1 Flash1462.5 +122.5$0.182/MPrice under confirmation since Oct 12, 202626%
MiMo-V2.6-Flash1455.2 +115.2$0.168/M32%
Gemma 4 31B1442.9 +102.9$0.205/M17%
Hy31437.4 +97.4$0.231/M7%
Gemma 4 26B A4B 1433.9 +93.9$0.128/M48%
DeepSeek V4 Flash 04231432.2 +92.2$0.113/MPrice under confirmation since Oct 12, 202655%
MiMo-V2.51427.8 +87.8$0.175/M29%
Step 3.5 Flash1402.8 +62.8$0.150/M39%
Qwen3.5-Flash1397.2 +57.2$0.114/M54%
GPT-6 Luna1391.5 +51.5$0.200/M19%
gpt-oss-120b1365.4 +25.4$0.060/MPrice under confirmation since Oct 16, 202676%
GLM 4.7 Flash1350.6 +10.6$0.145/M41%

Higher score, lower price, named losses

Not a drop-in. The loss is why these are not a recommendation.

ModelLMArenaEffective $/MYou give up
Qwen3 235B A22B Instruct 25071419.1$0.205/Mreasoning
Qwen3 30B A3B Instruct 25071383.7$0.143/Mreasoning
Gemma 3 27B1357.7$0.100/Mreasoning
GLM 5.3 Flash1471.0 · $0.238/MQwen3 32B1340.0 · $0.248/MLMArena EloEffective $/M · Balanced
144 rated, priced standard models. Chartreuse is the frontier. Cobalt is the model you named, when it is not on the staircase.

Open the frontier

The link keeps the model and mix, using the current catalogue. Monthly spend and switching cost stay in this browser tab and are left out of the link.

Saved decision references

Save the model, workload, catalogue date and capability-preservation rule in this browser. Spend, switching cost and bill contents are not saved. No account or notifications.

Constraint: replacements must preserve the model’s capabilities; any losses remain named trade-offs.

Historical decisions cannot be fully replayed from saved references: past prices, scores and capability evidence are not stored.

Evidence & Ask