OpenAI text-embedding-3-small vs BAAI/bge-m3

Detailed comparison between OpenAI text-embedding-3-small and BAAI/bge-m3. See which embedding best meets your accuracy and performance needs.

Model Comparison

OpenAI text-embedding-3-small takes the lead.

Both OpenAI text-embedding-3-small and BAAI/bge-m3 are powerful embedding models designed to improve retrieval quality in RAG applications. However, their performance characteristics differ in important ways.

Why OpenAI text-embedding-3-small:

  • OpenAI text-embedding-3-small has 13 higher ELO rating

Overview

Key metrics

ELO Rating

Overall ranking quality

OpenAI text-embedding-3-small

1503

BAAI/bge-m3

1491

Win Rate

Head-to-head performance

OpenAI text-embedding-3-small

44.6%

BAAI/bge-m3

40.9%

Accuracy (nDCG@10)

Ranking quality metric

OpenAI text-embedding-3-small

0.762

BAAI/bge-m3

0.753

Average Latency

Response time

OpenAI text-embedding-3-small

10ms

BAAI/bge-m3

29ms

Visual Performance Analysis

Performance

ELO Rating Comparison

Win/Loss/Tie Breakdown

Accuracy Across Datasets (nDCG@10)

Latency Distribution (ms)

Breakdown

How the models stack up

MetricOpenAI text-embedding-3-smallBAAI/bge-m3Description
Overall Performance
ELO Rating
1503
1491
Overall ranking quality based on pairwise comparisons
Win Rate
44.6%
40.9%
Percentage of comparisons won against other models
Pricing & Availability
Price per 1M tokens
$0.020
$0.010
Cost per million tokens processed
Dimensions
1536
1024
Vector embedding dimensions (lower is more efficient)
Release Date
2024-01-25
2024-01-27
Model release date
Accuracy Metrics
Avg nDCG@10
0.762
0.753
Normalized discounted cumulative gain at position 10
Performance Metrics
Avg Latency
10ms
29ms
Average response time across all datasets

Dataset Performance

By field

Comprehensive comparison of accuracy metrics (nDCG, Recall) and latency percentiles for each benchmark dataset.

PG

MetricOpenAI text-embedding-3-smallBAAI/bge-m3Description
Accuracy Metrics
Latency Metrics
Mean
9ms
16ms
Average response time
P50
9ms
16ms
50th percentile (median)
P90
11ms
19ms
90th percentile

business reports

MetricOpenAI text-embedding-3-smallBAAI/bge-m3Description
Accuracy Metrics
Latency Metrics
Mean
7ms
34ms
Average response time
P50
7ms
33ms
50th percentile (median)
P90
8ms
39ms
90th percentile

DBPedia

MetricOpenAI text-embedding-3-smallBAAI/bge-m3Description
Accuracy Metrics
nDCG@5
0.605
0.625
Ranking quality at top 5 results
nDCG@10
0.604
0.603
Ranking quality at top 10 results
Recall@5
0.230
0.236
% of relevant docs in top 5
Recall@10
0.365
0.341
% of relevant docs in top 10
Latency Metrics
Mean
7ms
17ms
Average response time
P50
7ms
17ms
50th percentile (median)
P90
8ms
20ms
90th percentile

FiQa

MetricOpenAI text-embedding-3-smallBAAI/bge-m3Description
Accuracy Metrics
nDCG@5
0.635
0.597
Ranking quality at top 5 results
nDCG@10
0.647
0.609
Ranking quality at top 10 results
Recall@5
0.623
0.607
% of relevant docs in top 5
Recall@10
0.681
0.666
% of relevant docs in top 10
Latency Metrics
Mean
8ms
32ms
Average response time
P50
8ms
31ms
50th percentile (median)
P90
9ms
37ms
90th percentile

SciFact

MetricOpenAI text-embedding-3-smallBAAI/bge-m3Description
Accuracy Metrics
nDCG@5
0.682
0.578
Ranking quality at top 5 results
nDCG@10
0.707
0.617
Ranking quality at top 10 results
Recall@5
0.778
0.652
% of relevant docs in top 5
Recall@10
0.843
0.763
% of relevant docs in top 10
Latency Metrics
Mean
11ms
31ms
Average response time
P50
11ms
30ms
50th percentile (median)
P90
13ms
35ms
90th percentile

MSMARCO

MetricOpenAI text-embedding-3-smallBAAI/bge-m3Description
Accuracy Metrics
nDCG@5
0.997
0.997
Ranking quality at top 5 results
nDCG@10
0.990
0.997
Ranking quality at top 10 results
Recall@5
0.122
0.122
% of relevant docs in top 5
Recall@10
0.213
0.220
% of relevant docs in top 10
Latency Metrics
Mean
7ms
19ms
Average response time
P50
7ms
18ms
50th percentile (median)
P90
8ms
22ms
90th percentile

NorQuAD

MetricOpenAI text-embedding-3-smallBAAI/bge-m3Description
Accuracy Metrics
Latency Metrics
Mean
16ms
41ms
Average response time
P50
15ms
40ms
50th percentile (median)
P90
18ms
47ms
90th percentile

ARCD

MetricOpenAI text-embedding-3-smallBAAI/bge-m3Description
Accuracy Metrics
nDCG@5
0.855
0.941
Ranking quality at top 5 results
nDCG@10
0.862
0.941
Ranking quality at top 10 results
Recall@5
0.900
0.960
% of relevant docs in top 5
Recall@10
0.920
0.960
% of relevant docs in top 10
Latency Metrics
Mean
11ms
40ms
Average response time
P50
10ms
40ms
50th percentile (median)
P90
12ms
47ms
90th percentile

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