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Meta Llama3 1 405b Instruct vs Phi 3 Small 128k

This page is context-first: how much text each model can take in one request. Full specs adds capabilities and limits; the pricing matrix below is only about $/million tokens from hosts that list both models.

Meta

Model

Meta Llama3 1 405b Instruct

Tool calling

Context window

128K

128,000 tokens · ~96K words

Model page
Microsoft

Model

Phi 3 Small 128k

Context window

128K

128,000 tokens · ~96K words

Model page

Context window · side by side

Bar length is relative to the larger of the two windows (100% = max of this pair). This is not pricing.

Meta Llama3 1 405b Instruct128K
Phi 3 Small 128k128K

Same context window size for both models.

Meta Llama3 1 405b Instruct and Phi 3 Small 128k have identical context windows (128K tokens). Phi 3 Small 128k is 97% cheaper on input.

Quick verdicts

Short takeaways — validate with your own workloads.

  • RAG / high-volume retrieval

    Use Phi 3 Small 128k. Input tokens are 97% cheaper — critical when sending large retrieved contexts.

Full specs

Context, output, capabilities, and dates. Green highlights the favorable value where we compute a winner.

SpecMeta Llama3 1 405b InstructPhi 3 Small 128k
Context window128,000 tokens (128K)128,000 tokens (128K)
Max output tokens4,096 tokens (4K)4,096 tokens (4K)
Speed tierDeepBalanced
VisionNoNo
Function callingYesNo
Extended thinkingNoNo
Prompt cachingNoNo
Batch APINoNo
Release dateN/AN/A

Pricing matrix

Dollar rates only: hosts that list both models, per 1M tokens. For how much text fits, use the context section above — not this table.

ProviderMeta Llama3 1 405b Instruct inMeta Llama3 1 405b Instruct outPhi 3 Small 128k inPhi 3 Small 128k out
Aws Bedrock$5.32/M$16.00/M
Azure$0.150/M$0.600/M

Frequently asked questions

Phi 3 Small 128k has a larger context window: 128K tokens vs 128K. For long documents, large codebases, or extended agent sessions, the larger context window reduces the need to chunk inputs or summarize history.

Powered by Mem0

Use a smaller model.
Get better results.

Mem0 gives your AI long-term memory so you stop re-sending context on every call. That means you can use a smaller, faster, cheaper model — and still get better answers.

Example: a multi-turn chat session

Without Mem0~128K tokens sent
Full history
Repeated info
Old context
With Mem0~20K tokens sent
Key memories
Current turn

80% less to send — works with any model