token.app › Compare › Mistral Large 4 vs Mercury 3
Mistral Large 4 vs Mercury 3
Mercury 3 is 13× cheaper per token on a blended 3:1 basis. Mistral Large 4 accepts the larger context window (1.0M).
Head to head
Blended price uses a 3:1 input:output mix
| Mistral Large 4 | Mercury 3 | |
|---|---|---|
| Provider | Mistral AI | Inception |
| Input $/1M | $1.36 | $0.100 |
| Output $/1M | $4.18 | $0.350 |
| Blended $/1M | $2.06 | $0.163 |
| Context window | 1.0M | 1M |
| Max output | 262K | 131K |
| Released | Oct 2026 | Oct 2026 |
| Licence | Proprietary | Proprietary |
Choose Mistral Large 4 if…
- Larger context window (1.0M)
Choose Mercury 3 if…
- Costs less per token — $0.163 vs $2.06 blended
- Newer model (released Oct 2026)
FAQ
Which is better, Mistral Large 4 or Mercury 3?
We do not hold independently-run benchmark scores covering both Mistral Large 4 and Mercury 3, so we make no quality claim. Their pricing and specifications are compared on this page.
Is Mistral Large 4 cheaper than Mercury 3?
Mercury 3 is cheaper: $0.163 versus $2.06 per million tokens blended at 3:1 input:output. Input alone: $1.36 vs $0.100. Output alone: $4.18 vs $0.350.
What context windows do Mistral Large 4 and Mercury 3 have?
Mistral Large 4: 1,048,576 tokens. Mercury 3: 1,000,000 tokens.
Who makes Mistral Large 4 and Mercury 3?
Mistral Large 4 is made by Mistral AI. Mercury 3 is made by Inception.