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LM Speed vs Ollama
Short answer: Pick LM Speed if you want Speed and cost benchmarking for LLM APIs; pick Ollama if you want local-first open model execution. LM Speed has a free plan; Ollama has a free plan, paid from $100/month.
Which to pick
Pick LM Speed if you want…
- Speed and cost benchmarking for LLM APIs
- Integrations with OpenAI, DeepSeek or Silicon Flow (on LM Speed's list, not Ollama's)
Pick Ollama if you want…
- Local-first open model execution
- Local model hosting
- Open-source code (ollama/ollama on GitHub, MIT license)
- Integrations with Claude Code, Codex or OpenCode (on Ollama's list, not LM Speed's)
Side by side
- What it is
- LM Speed:LM Speed lets developers test, compare and audit the speed and cost of LLM APIs across many providers.
- Ollama:Ollama lets developers run open language models locally or in the cloud with predictable pricing and privacy guarantees.
- Best for
- LM Speed:Speed and cost benchmarking for LLM APIs
- Ollama:Local-first open model execution
- Who it’s for
- LM Speed:Developers building or optimizing AI applications that rely on LLM APIs.
- Ollama:Developers building AI agents or apps that need private, fast LLM inference.
- Pricing
- LM Speed:Freemium
- Ollama:Freemium
- Starting price
- LM Speed:—
- Ollama:$100/month (Max)
- Free plan or trial
- LM Speed:Free plan (Site verification)
- Ollama:Free plan (Free)
- Plans
- LM Speed:Site verification $0 · Paid provider publishing $19.90 one-time
- Ollama:Free $0 · Pro $20 / mo. or $200/yr per month · Max $100 / mo. per month · Team $500 / mo. per month
- Open source
- LM Speed:—
- Ollama:Yes, 182,009 GitHub stars
- Works with
- LM Speed:OpenAI, DeepSeek, Silicon Flow, Tencent Cloud, any OpenAI-compatible API
- Ollama:Claude Code, Codex, OpenCode, Hermes Agent, OpenClaw, VS Code, Pi, n8n
LM Speed features
- Model score lookup. Search models to view benchmark scores for coding, reasoning, math and more.
- Pricing comparison. Side-by-side per-token pricing across 100+ providers, including free tiers.
- Real-time speed benchmarks. Run five-round tests measuring latency, throughput and total duration.
- API security audit. Check model authenticity, hidden prompts, instruction tampering and error leakage.
- Custom endpoint testing. Benchmark any OpenAI-compatible URL, API key and model ID.
- Analytics dashboard. Review latency, throughput, health signals and stability rankings.
Ollama features
- Run locally or in cloud. Execute open models on your machine for unlimited use or on hosted cloud nodes with pay-as-you-go credits.
- Privacy-first data handling. Prompts are never logged or used for training; local runs never leave your device.
- Dedicated capacity and concurrency. Multiple agents can run simultaneously with dedicated throughput and configurable concurrency limits.
- Wide model catalog. Access dozens of open models with per-million-token pricing, including off-peak rates.
- One-command integration. Launch models like Claude Code, Codex, OpenCode, and others with a single CLI command.
- Predictable pricing. Free tier with starter credits; paid plans include monthly usage credits and no hidden fees.
LM Speed vs Ollama FAQ
What is the difference between LM Speed and Ollama?+
Ollama: Runs models locally, so no external API speed testing or pricing comparison.
Should I use LM Speed or Ollama?+
Pick LM Speed if you want Speed and cost benchmarking for LLM APIs or integrations with OpenAI, DeepSeek or Silicon Flow (on LM Speed's list, not Ollama's). Pick Ollama if you want local-first open model execution, local model hosting or open-source code (ollama/ollama on GitHub, MIT license).
Is LM Speed or Ollama free?+
LM Speed has a free plan (Site verification) and paid plans. Ollama has a free plan; paid plans start at $100/month (Max).
Is LM Speed or Ollama open source?+
Ollama is open source (ollama/ollama on GitHub, MIT license). DevHunt has no public source repository on record for LM Speed.
Do LM Speed and Ollama integrate with the same tools?+
Their integration lists don't overlap: LM Speed lists OpenAI, DeepSeek, Silicon Flow, Tencent Cloud and 1 more; Ollama lists Claude Code, Codex, OpenCode, Hermes Agent and 4 more.
On DevHunt
Based on each tool's website and DevHunt data. Details may change; check the official sites.