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GPT OSS 120B (Fireworks) vs o3-mini: API Cost Comparison

Compare the API pricing, context windows, features, and real-world cost projections for GPT OSS 120B (Fireworks) (Fireworks AI) and o3-mini (OpenAI). Use the interactive calculator below to compute your exact monthly cost based on your token usage and request volume.

Prices verified Mar 10, 2026

Interactive Cost Calculator

Fireworks AIGPT OSS 120B (Fireworks)OpenAIo3-mini

Fills in typical token counts for a workload type

Tokens in each prompt sent to the model

Tokens generated in each response

Total API calls per month

Showing costs for 2 models. Cheapest: GPT OSS 120B (Fireworks) at $4.50/month.

Cheapest: GPT OSS 120B (Fireworks) at $4.50/mo — save 86.4% vs o3-mini
Alert
BestGPT OSS 120B (Fireworks)
Fireworks AI$4.50$0.000450$1.50$3.0086.4%Alerts coming soon
o3-mini
OpenAI$33.00$0.003300$11.00$22.00Alerts coming soon

Monthly Cost Comparison

Price Comparison at a Glance

All prices are in USD per 1 million tokens ($/M tokens). Lower is cheaper.

Pricing TypeGPT OSS 120B (Fireworks)o3-miniCheaper
Input (standard)$0.15/M$1.10/MGPT OSS 120B (Fireworks)
Output$0.60/M$4.40/MGPT OSS 120B (Fireworks)
Cached input$0.08/M$0.55/MGPT OSS 120B (Fireworks)
Batch input$0.08/MN/A
Batch output$0.30/MN/A

Prices last verified: 2026-03-06 – 2026-03-10

Cost Breakdown by Usage Volume

Estimated monthly costs at different request volumes, assuming 1,000 input tokens and 500 output tokens per request. Adjust in the calculator above for your specific use case.

VolumeGPT OSS 120B (Fireworks)Monthlyo3-miniMonthlyGPT OSS 120B (Fireworks)Per requesto3-miniPer request
1K requests/mo$0.45$3.30$0.000450$0.003300
10K requests/mo$4.50$33.00$0.000450$0.003300
100K requests/mo$45.00$330.00$0.000450$0.003300
1M requests/mo$450.00$3,300.00$0.000450$0.003300

Green values indicate the lower-cost option at each volume tier. Cost per request is calculated at 1,000 input + 500 output tokens using standard (non-batch, non-cached) pricing.

Price History

Input price per 1M tokens

When to Choose GPT OSS 120B (Fireworks)

by Fireworks AI

  • Code generation
  • Document summarization
  • RAG / Semantic search

Input / 1M tokens

$0.15/M

Output / 1M tokens

$0.60/M

Context window

131,072

Tier

mid

When to Choose o3-mini

by OpenAI

  • Code generation
  • Data extraction

Input / 1M tokens

$1.10/M

Output / 1M tokens

$4.40/M

Context window

200,000

Tier

reasoning

Key Differences Beyond Price

Cost is only one factor in choosing an AI model. Context window size, rate limits, supported features, and latency all affect whether a model fits your use case.

CapabilityGPT OSS 120B (Fireworks)o3-mini
Context window131,072 tokens200,000 tokens
Max output tokens16,384 tokens100,000 tokens
Performance tierMidReasoning
Vision / image inputNoNo
Function callingYesYes
JSON modeYesYes
Prompt cachingYesYes
Batch API (50% discount)YesNo
Extended reasoningNoYes
Fine-tuningNoNo
Rate limit (req/min)Not published1,000

GPT OSS 120B (Fireworks) notes

Fireworks serverless pricing. Cached input 50% discount. Batch at 50% of serverless.

o3-mini notes

Configurable reasoning effort (low/medium/high). No vision support.

Frequently Asked Questions

Is GPT OSS 120B (Fireworks) cheaper than o3-mini?

At standard usage (1,000 input tokens, 500 output tokens, 100,000 requests/month), GPT OSS 120B (Fireworks) costs $45.00/month versus $330.00/month for o3-mini — a 86% saving. Your actual savings will vary based on your token profile; output-heavy workloads amplify differences in output pricing.

Which model has a larger context window, GPT OSS 120B (Fireworks) or o3-mini?

o3-mini has a larger context window at 200,000 tokens, compared to 131,072 tokens for GPT OSS 120B (Fireworks). A larger context window is important for processing long documents, multi-turn conversations, or large codebases without truncation.

Do GPT OSS 120B (Fireworks) and o3-mini support the Batch API?

GPT OSS 120B (Fireworks) supports the Batch API (50% discount for async processing), while o3-mini does not. If your workload tolerates up to 24-hour latency, routing to GPT OSS 120B (Fireworks) with batch pricing could significantly cut costs versus o3-mini's standard rate.

Which model offers better prompt caching?

Both GPT OSS 120B (Fireworks) and o3-mini support prompt caching. GPT OSS 120B (Fireworks) caches repeated input at $0.08/M (vs $0.15/M standard), while o3-mini caches at $0.55/M (vs $1.10/M standard). For workloads with large, repeated system prompts or document context, caching can reduce effective input costs by 60–90%.

What are the best use cases for GPT OSS 120B (Fireworks) vs o3-mini?

Both models are well-suited for Code generation. GPT OSS 120B (Fireworks) is particularly strong for Document summarization, RAG / Semantic search. o3-mini is favored for Data extraction. At the same quality level, the lower-cost model is usually preferable; use this page's calculator to compare total monthly spend at your volume.

What is the cost per request for GPT OSS 120B (Fireworks) vs o3-mini?

At 1,000 input tokens and 500 output tokens per request — a typical conversational workload — GPT OSS 120B (Fireworks) costs $0.000450 per request and o3-mini costs $0.003300 per request. At 100,000 requests/month, that translates to $45.00 and $330.00 respectively. Use the interactive calculator to adjust these parameters for your actual workload.

GPT OSS 120B (Fireworks) vs o3-mini: Summary

When comparing GPT OSS 120B (Fireworks) and o3-mini for API cost, the right choice depends on your workload's token profile, required features, and tolerance for latency. GPT OSS 120B (Fireworks) offers lower total cost at standard usage volumes (1,000 input + 500 output tokens per request at 100,000 requests/month) at $45.00/month, compared to $330.00/month for o3-mini.

Both models are priced in USD per million tokens, the standard unit across all major AI API providers. GPT OSS 120B (Fireworks) charges $0.15/M for input tokens and $0.60/M for output tokens. o3-mini charges $1.10/M input and $4.40/M output. If your workload is output-heavy (more tokens generated than consumed as input), the model with the lower output price compounds cost savings significantly at scale.

Prompt caching is supported by both models. For workloads with large, repeated system prompts or document context — such as RAG pipelines or multi-turn conversations with a fixed knowledge base — prompt caching can reduce effective input costs by 60–90%, which may change the cost ranking between these two models at your specific usage pattern.

Context window capacity differs between the two: o3-mini supports up to 200,000 tokens in a single request, versus 131,072 tokens for GPT OSS 120B (Fireworks). A larger context window is essential for document summarization, large codebase analysis, and multi-document retrieval-augmented generation (RAG) applications.

Use the interactive calculator at the top of this page to enter your actual token usage and monthly request volume for a precise cost comparison tailored to your workload. Adjust for batch API discounts and prompt caching to find the most cost-effective option for your specific deployment.

Explore other model comparisons from the same providers or performance tiers.

Related Provider Pages

View complete pricing tables and model lineups for the providers behind these models.

Relevant Use Cases

See cost recommendations for workloads where GPT OSS 120B (Fireworks) or o3-mini is recommended.