token.app › Compare › Mistral Large vs Mercury 3
Mistral Large vs Mercury 3
Mercury 3 is 18× cheaper per token on a blended 3:1 basis. Mercury 3 accepts the larger context window (1M).
Head to head
Blended price uses a 3:1 input:output mix
| Mistral Large | Mercury 3 | |
|---|---|---|
| Provider | Mistral AI | Inception |
| Input $/1M | $2.00 | $0.100 |
| Output $/1M | $6.00 | $0.350 |
| Blended $/1M | $3.00 | $0.163 |
| Context window | 128K | 1M |
| Max output | 102K | 131K |
| Released | Feb 2024 | Oct 2026 |
| Licence | Proprietary | Proprietary |
Choose Mistral Large if…
- No clear advantage on the data we hold.
Choose Mercury 3 if…
- Costs less per token — $0.163 vs $3.00 blended
- Larger context window (1M)
- Newer model (released Oct 2026)
FAQ
Which is better, Mistral Large or Mercury 3?
We do not hold independently-run benchmark scores covering both Mistral Large and Mercury 3, so we make no quality claim. Their pricing and specifications are compared on this page.
Is Mistral Large cheaper than Mercury 3?
Mercury 3 is cheaper: $0.163 versus $3.00 per million tokens blended at 3:1 input:output. Input alone: $2.00 vs $0.100. Output alone: $6.00 vs $0.350.
What context windows do Mistral Large and Mercury 3 have?
Mistral Large: 128,000 tokens. Mercury 3: 1,000,000 tokens.
Who makes Mistral Large and Mercury 3?
Mistral Large is made by Mistral AI. Mercury 3 is made by Inception.