OpenAI text-embedding-3-small vs Qwen3 Embedding 4B

Detailed comparison between OpenAI text-embedding-3-small and Qwen3 Embedding 4B. See which embedding best meets your accuracy and performance needs. If you want to compare these models on your data, try Agentset.

Model Comparison

Qwen3 Embedding 4B takes the lead.

Both OpenAI text-embedding-3-small and Qwen3 Embedding 4B are powerful embedding models designed to improve retrieval quality in RAG applications. However, their performance characteristics differ in important ways.

Why Qwen3 Embedding 4B:

  • Qwen3 Embedding 4B delivers better accuracy (nDCG@10: 0.705 vs 0.689)

Overview

Key metrics

ELO Rating

Overall ranking quality

OpenAI text-embedding-3-small

1480

Qwen3 Embedding 4B

1482

Win Rate

Head-to-head performance

OpenAI text-embedding-3-small

43.9%

Qwen3 Embedding 4B

44.6%

Accuracy (nDCG@10)

Ranking quality metric

OpenAI text-embedding-3-small

0.689

Qwen3 Embedding 4B

0.705

Average Latency

Response time

OpenAI text-embedding-3-small

15ms

Qwen3 Embedding 4B

29ms

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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-smallQwen3 Embedding 4BDescription
Overall Performance
ELO Rating
1480
1482
Overall ranking quality based on pairwise comparisons
Win Rate
43.9%
44.6%
Percentage of comparisons won against other models
Pricing & Availability
Price per 1M tokens
$0.020
$0.020
Cost per million tokens processed
Dimensions
1536
2560
Vector embedding dimensions (lower is more efficient)
Release Date
2024-01-25
2025-06-06
Model release date
Accuracy Metrics
Avg nDCG@10
0.689
0.705
Normalized discounted cumulative gain at position 10
Performance Metrics
Avg Latency
15ms
29ms
Average response time across all datasets

Build RAG in Minutes, Not Months

Agentset gives you a complete RAG API with top-ranked embedding models and smart retrieval built in. Upload your data, call the API, and get accurate results from day one.

import { Agentset } from "agentset";

const agentset = new Agentset();
const ns = agentset.namespace("ns_1234");

const results = await ns.search(
  "What is multi-head attention?"
);

for (const result of results) {
  console.log(result.text);
}

Dataset Performance

By field

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

business reports

MetricOpenAI text-embedding-3-smallQwen3 Embedding 4BDescription
Accuracy Metrics
nDCG@5
0.000
0.000
Ranking quality at top 5 results
nDCG@10
0.000
0.000
Ranking quality at top 10 results
Recall@5
0.000
0.000
% of relevant docs in top 5
Recall@10
0.000
0.000
% of relevant docs in top 10
Latency Metrics
Mean
16ms
29ms
Average response time
P50
16ms
29ms
50th percentile (median)
P90
16ms
29ms
90th percentile

DBPedia

MetricOpenAI text-embedding-3-smallQwen3 Embedding 4BDescription
Accuracy Metrics
nDCG@5
0.858
0.799
Ranking quality at top 5 results
nDCG@10
0.807
0.787
Ranking quality at top 10 results
Recall@5
0.062
0.061
% of relevant docs in top 5
Recall@10
0.123
0.119
% of relevant docs in top 10
Latency Metrics
Mean
9ms
26ms
Average response time
P50
9ms
26ms
50th percentile (median)
P90
9ms
26ms
90th percentile

FiQa

MetricOpenAI text-embedding-3-smallQwen3 Embedding 4BDescription
Accuracy Metrics
nDCG@5
0.801
0.838
Ranking quality at top 5 results
nDCG@10
0.814
0.836
Ranking quality at top 10 results
Recall@5
0.624
0.719
% of relevant docs in top 5
Recall@10
0.682
0.839
% of relevant docs in top 10
Latency Metrics
Mean
16ms
23ms
Average response time
P50
16ms
23ms
50th percentile (median)
P90
16ms
23ms
90th percentile

SciFact

MetricOpenAI text-embedding-3-smallQwen3 Embedding 4BDescription
Accuracy Metrics
nDCG@5
0.663
0.666
Ranking quality at top 5 results
nDCG@10
0.684
0.697
Ranking quality at top 10 results
Recall@5
0.774
0.782
% of relevant docs in top 5
Recall@10
0.840
0.891
% of relevant docs in top 10
Latency Metrics
Mean
17ms
38ms
Average response time
P50
17ms
38ms
50th percentile (median)
P90
17ms
38ms
90th percentile

MSMARCO

MetricOpenAI text-embedding-3-smallQwen3 Embedding 4BDescription
Accuracy Metrics
nDCG@5
0.959
0.974
Ranking quality at top 5 results
nDCG@10
0.946
0.954
Ranking quality at top 10 results
Recall@5
0.122
0.124
% of relevant docs in top 5
Recall@10
0.212
0.224
% of relevant docs in top 10
Latency Metrics
Mean
20ms
31ms
Average response time
P50
20ms
31ms
50th percentile (median)
P90
20ms
31ms
90th percentile

ARCD

MetricOpenAI text-embedding-3-smallQwen3 Embedding 4BDescription
Accuracy Metrics
nDCG@5
0.786
0.857
Ranking quality at top 5 results
nDCG@10
0.793
0.864
Ranking quality at top 10 results
Recall@5
0.900
0.940
% of relevant docs in top 5
Recall@10
0.920
0.960
% of relevant docs in top 10
Latency Metrics
Mean
15ms
25ms
Average response time
P50
15ms
25ms
50th percentile (median)
P90
15ms
25ms
90th percentile

Explore More

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