[Compare](https://modelpricetrack.com/compare) › Luma Ray 3.2 vs Veo 3.1 Fast

# Luma Ray 3.2 vs Veo 3.1 Fast

Luma Ray 3.2's median is $0.06/s ($0.300 per 5 s clip), cheapest at Luma API. Veo 3.1 Fast's median is $0.125/s ($0.625 per 5 s clip), cheapest at Google Gemini API. Luma Ray 3.2 is lower at the standard job, as of 28 Oct 2026.

Prices as of 28 Oct 2026. Every price links to its source.

Head-to-head · Video

Luma

[Luma Ray 3.2](https://modelpricetrack.com/models/luma/agent/ray/v3.2/text-to-video)

$0.06/s

Cheapest at [Luma API](https://modelpricetrack.com/providers/luma-api/models/luma/agent/ray/v3.2/text-to-video)

Google

[Veo 3.1 Fast](https://modelpricetrack.com/models/fal-ai/veo3.1/fast)

$0.125/s

Cheapest at [Google Gemini API](https://modelpricetrack.com/providers/google-gemini-api/models/fal-ai/veo3.1/fast)

## Tale of the tape

|   | Luma Ray 3.2 | Veo 3.1 Fast |
| --- | --- | --- |
| Price per unit | $0.06/s · edge | $0.125/s |
| Reference job | $0.300 per 5 s clip · edge | $0.625 per 5 s clip |
| Official API | $0.06/s · edge | $0.10/s |
| Max duration | 10 s · edge | 8 s |
| Max resolution | 1080p | 4k · edge |
| Providers | 1 counted · 2 listed | 2 counted · 3 listed |

Edge score 4–1.

Luma Ray 3.2 is 52% cheaper at the reference job. Luma Ray 3.2 runs longer.

## More matchups

- [Gemini Omni Flash vs Veo 3.1 Fast](https://modelpricetrack.com/compare/gemini-omni-flash-vs-veo-3-1-fast) $0.507 vs $0.625
- [FLUX 3 Video vs Veo 3.1 Fast](https://modelpricetrack.com/compare/flux-3-video-vs-veo-3-1-fast) $0.750 vs $0.625
- [Veo 3.1 Fast vs Wan 3.0](https://modelpricetrack.com/compare/veo-3-1-fast-vs-wan-3-0) $0.625 vs $0.500

Same standard job on both sides.

- [Luma Ray 3.2](https://modelpricetrack.com/models/luma/agent/ray/v3.2/text-to-video)
- [Veo 3.1 Fast](https://modelpricetrack.com/models/fal-ai/veo3.1/fast)
- [Luma](https://modelpricetrack.com/ai-labs/luma)
- [Google](https://modelpricetrack.com/ai-labs/google)
- [All video models](https://modelpricetrack.com/)

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Page: [Luma Ray 3.2 vs Veo 3.1 Fast: $0.06/s vs $0.125/s](https://modelpricetrack.com/compare/luma-ray-3-2-vs-veo-3-1-fast) · Prices as of 28 Oct 2026

Data: CC BY 4.0 for our own work, attribution "Model Price Track (modelpricetrack.com)". CC BY 4.0 covers Model Price Track's own work (normalisation, medians, rankings, editorial text). Third-party prices are listed as published by each provider, with a link, and are not relicensed. Arena quality scores stay CC BY 4.0 with Arena's attribution. Cite as "Model Price Track, Luma Ray 3.2 vs Veo 3.1 Fast: $0.06/s vs $0.125/s, https://modelpricetrack.com/compare/luma-ray-3-2-vs-veo-3-1-fast, retrieved 28 Oct 2026".