DeepSeek-V3 0324 vs Phi-3.5-mini-instruct Comparison

Comparing DeepSeek-V3 0324 and Phi-3.5-mini-instruct across benchmarks, pricing, and capabilities.

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Performance Benchmarks

Comparative analysis across standard metrics

2 benchmarks

DeepSeek-V3 0324 outperforms in 2 benchmarks (GPQA, MMLU-Pro), while Phi-3.5-mini-instruct is better at 0 benchmarks.

DeepSeek-V3 0324 significantly outperforms across most benchmarks.

Sat Mar 14 2026 • llm-stats.com

Arena Performance

Human preference votes

Pricing Analysis

Price comparison per million tokens

Phi-3.5-mini-instruct costs less

For input processing, DeepSeek-V3 0324 ($0.28/1M tokens) is 2.8x more expensive than Phi-3.5-mini-instruct ($0.10/1M tokens).

For output processing, DeepSeek-V3 0324 ($1.14/1M tokens) is 11.4x more expensive than Phi-3.5-mini-instruct ($0.10/1M tokens).

In conclusion, DeepSeek-V3 0324 is more expensive than Phi-3.5-mini-instruct.*

* Using a 3:1 ratio of input to output tokens

Lowest available price from all providers

Sat Mar 14 2026 • llm-stats.com

DeepSeek-V3 0324

Input tokens$0.28

Output tokens$1.14

Best providerNovita

Phi-3.5-mini-instruct

Input tokens$0.10

Output tokens$0.10

Best providerAzure

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Model Size

Parameter count comparison

667.2B diff

DeepSeek-V3 0324 has 667.2B more parameters than Phi-3.5-mini-instruct, making it 17557.9% larger.

DeepSeek-V3 0324

671.0Bparameters

Phi-3.5-mini-instruct

3.8Bparameters

671.0B

DeepSeek-V3 0324

3.8B

Phi-3.5-mini-instruct

Context Window

Maximum input and output token capacity

DeepSeek-V3 0324 accepts 163,840 input tokens compared to Phi-3.5-mini-instruct's 128,000 tokens. DeepSeek-V3 0324 can generate longer responses up to 163,840 tokens, while Phi-3.5-mini-instruct is limited to 128,000 tokens.

DeepSeek-V3 0324

Input163,840 tokens

Output163,840 tokens

Phi-3.5-mini-instruct

Input128,000 tokens

Output128,000 tokens

Sat Mar 14 2026 • llm-stats.com

License

Usage and distribution terms

DeepSeek-V3 0324 is licensed under MIT + Model License (Commercial use allowed), while Phi-3.5-mini-instruct uses MIT.

License differences may affect how you can use these models in commercial or open-source projects.

DeepSeek-V3 0324

MIT + Model License (Commercial use allowed)

Open weights

Phi-3.5-mini-instruct

MIT

Open weights

Release Timeline

When each model was launched

DeepSeek-V3 0324 was released on 2025-03-25, while Phi-3.5-mini-instruct was released on 2024-08-23.

DeepSeek-V3 0324 is 7 months newer than Phi-3.5-mini-instruct.

DeepSeek-V3 0324

Mar 25, 2025

11 months ago

7mo newer

Phi-3.5-mini-instruct

Aug 23, 2024

1.6 years ago

Knowledge Cutoff

When training data ends

Neither model specifies a knowledge cutoff date.

Unable to compare the recency of their training data.

No cutoff dates available

Provider Availability

DeepSeek-V3 0324 is available from Novita. Phi-3.5-mini-instruct is available from Azure. The availability of providers can affect quality of the model and reliability.