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Mistral AIMistral Large 3VSMistral AIMistral Small 4

Analysis by:the whichllmmodel Editorial Team|Updated: June 2026

Our Take

We recommend Mistral Small 4 for practical local execution on standard developer hardware, or Mistral Large 3 if you need peak reasoning and have the VRAM (or a cloud API) to host it. While Mistral Large 3 offers frontier capability, its massive parameter size makes it extremely difficult to host locally. Choose Mistral Small 4 for standard local setups, or Mistral Large 3 for peak reasoning.
WHY?
Benchmark Calculations & Evidence:
  • Model Size: Mistral Large 3 is a massive 675B parameter model requiring heavy GPU infrastructure, while Mistral Small 4 is a 119B parameter model.
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    Model Specs

    Mistral Large 3

    Open SourceAPI Available

    Benchmarks & Scores

    Coding (live-code-bench)
    34.4%

    scripting single-file apps or clearly defined functions

    Reasoning (gpqa-diamond)Winner (+14.3%)
    85.5%

    graduate-level science QA

    Cost & Context

    Cost (per 1M tokens)
    $0.75Input: $0.50 | Output: $1.50
    Context Window
    262.14k tokens
    Model Specs

    Mistral Small 4

    Open SourceAPI Available

    Benchmarks & Scores

    Coding (live-code-bench)Winner (+29.2%)
    63.6%

    scripting single-file apps or clearly defined functions

    Reasoning (gpqa-diamond)
    71.2%

    graduate-level science QA

    Cost & Context

    Cost (per 1M tokens)2.9x cheaper
    $0.26Input: $0.15 | Output: $0.60
    Context Window
    262.14k tokens

    Frequently Asked Questions about Mistral Large 3 vs Mistral Small 4

    Mistral Small 4 is cheaper than Mistral Large 3. Mistral Small 4 has a blended cost of $0.26/1M tokens, which is about 2.9x cheaper than Mistral Large 3 at $0.75/1M tokens.

    Mistral Small 4 is better for coding tasks on this benchmark. It scores 63.6% on live-code-bench (scripting single-file apps or clearly defined functions) compared to Mistral Large 3 which scores 34.4%.

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