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MiniMax M3.1 Flash vs Mistral Small 3

Published LiveBench scores across all seven categories, live list pricing, context windows, and the measured cost of a point of capability — for both models, side by side.

OpenRouter + LiveBenchAll comparisonsFull leaderboard

Mistral Small 3 is the cheaper of the two; neither can be ranked on quality here.

Mistral Small 3 does not have a published LiveBench run, so this comparison covers price, context and declared capabilities only. A missing score means "not evaluated", not "worse" — the right way to separate these two is an eval on your own workload.

minimax

MiniMax M3.1 Flash

Blended / 1M
$0.262
Context
1.0M
Released
Oct 19, 2026
Overall score
66.9
reasoningtool callingimage inputvideo inputprompt caching

mistralai

Mistral Small 3

Blended / 1M
$0.057
Context
33K
Released
Jan 30, 2025
Overall score
Not evaluated

Specs and pricing

MetricMiniMax M3.1 FlashMistral Small 3
LiveBench overall

Weighted mean of the seven LiveBench category scores, 0–100. Higher is better.

66.9—
Cost per point

Measured benchmark spend divided by overall score — dollars per point of capability.

$0.0015—
Blended price / 1M

3:1 input:output mix, the usual shape of production traffic.

$0.262$0.057win
Input price / 1M$0.150$0.050win
Output price / 1M$0.600$0.080win
Cached input / 1M

Price of an input token served from the prompt cache, where the provider publishes one.

$0.015—
Context window1.0Mwin33K
Max output tokens524Kwin16K

Benchmarks by category

An overall score averages away the thing you probably care about. These are the seven LiveBench categories scored separately — MiniMax M3.1 Flash on top, Mistral Small 3 below, both out of 100.

Long-horizon agentic
28.8
—
Coding
83.9
—
Reasoning
82.9
—
Browser
80.6
—
Data analysis
71.4
—
Research
72.7
—
Documents & design
74.0
—

What each one costs to run

Per-token prices are hard to feel. These are monthly list costs for both models across five workload shapes, using each provider's published cached-input rate where there is one.

WorkloadMiniMax M3.1 FlashMistral Small 3
Support chatbot

1.2K in / 400 out × 200K requests

$74.28/mo$18.40/mo
RAG assistant

8K in / 600 out × 100K requests

$102.00/mo$44.80/mo
Coding agent

40K in / 4K out × 20K requests

$92.40/mo$46.40/mo
Document extraction

20K in / 1.5K out × 50K requests

$188.25/mo$56.00/mo
Bulk classification

500 in / 20 out × 5M requests

$367.50/mo$133.00/mo
Run these two through the cost calculator

Which should you pick?

You need to fit large documents in one call

MiniMax M3.1 Flash

Wider context window — 1.0M against 33K.

You are cost-constrained

Mistral Small 3

Cheaper on blended list price at $0.057 per million tokens.

MiniMax M3.1 Flash vs Mistral Small 3 FAQ

Which is better, MiniMax M3.1 Flash or Mistral Small 3?

Mistral Small 3 is the cheaper of the two; neither can be ranked on quality here. Mistral Small 3 does not have a published LiveBench run, so this comparison covers price, context and declared capabilities only. A missing score means "not evaluated", not "worse" — the right way to separate these two is an eval on your own workload.

Is MiniMax M3.1 Flash cheaper than Mistral Small 3?

Mistral Small 3 is cheaper. On a 3:1 input:output blend, MiniMax M3.1 Flash lists at $0.262 per million tokens and Mistral Small 3 at $0.057 — Mistral Small 3 is 4.6× cheaper. Input and output are priced separately — MiniMax M3.1 Flash charges $0.150 in and $0.600 out, Mistral Small 3 charges $0.050 and $0.080 — so the model that looks cheaper flips depending on how output-heavy your workload is.

Does MiniMax M3.1 Flash or Mistral Small 3 have a bigger context window?

MiniMax M3.1 Flash has the larger context window: 1.0M for MiniMax M3.1 Flash against 33K for Mistral Small 3. Note that a window you can fill is not a window you should fill — retrieval quality usually degrades well before the limit, and you pay for every token you put in it.

Do MiniMax M3.1 Flash and Mistral Small 3 support prompt caching?

MiniMax M3.1 Flash publishes a cached-input rate of $0.015 per million tokens against a full input rate of $0.150. The catalogue lists no separate cached rate for Mistral Small 3, which means the provider does not price it separately here — not that caching is unavailable.

Related comparisons

How these numbers are produced

  • Price — provider list price from OpenRouter, refreshed every 15 minutes. “Blended” is a 3:1 input:output mix.
  • Scores — LiveBench release 2026-10-25, using their own category map. Each model shows its strongest published run. A blank means “not evaluated”, never “bad”.
  • Cost per point — the measured dollars LiveBench spent on the run, divided by the score it earned.
  • “Win” — awarded only past a threshold: one full point on a benchmark score, 10% on a price, 25% on a context window. Anything tighter reports as a tie, because effort settings alone move a LiveBench score by more than that.

Published benchmarks rank models on someone else's tasks. Before committing, see LLM & agent evaluation for building an eval on your own.