token.app โ€บ Compare โ€บ Mistral Medium 3 vs GPT-5 Nano

Mistral Medium 3 vs GPT-5 Nano

GPT-5 Nano leads on 2 of 2 shared benchmarks. GPT-5 Nano is 5.8ร— cheaper per token on a blended 3:1 basis. GPT-5 Nano accepts the larger context window (400K).

Head to head
Blended price uses a 3:1 input:output mix
Mistral Medium 3GPT-5 Nano
ProviderMistral AIOpenAI
Input $/1M$0.400$0.050
Output $/1M$2.00$0.400
Blended $/1M$0.800$0.138
Context window131K400K
Max outputโ€”128K
ReleasedMay 2025Aug 2025
LicenceProprietaryProprietary
GPQA Diamond 59.5% 69.4%
OTIS Mock AIME 32.2% 81.1%
Benchmark scores independently run and published by Epoch AI, 'AI Benchmarking Hub', used under CC BY 4.0. Only benchmarks with a score for BOTH models are compared.
Choose Mistral Medium 3 ifโ€ฆ
  • No clear advantage on the data we hold.
Choose GPT-5 Nano ifโ€ฆ
  • Costs less per token โ€” $0.138 vs $0.800 blended
  • Higher GPQA Diamond (69.4% vs 59.5%)
  • Higher OTIS Mock AIME (81.1% vs 32.2%)
  • Larger context window (400K)
  • Newer model (released Aug 2025)
FAQ
Which is better, Mistral Medium 3 or GPT-5 Nano?
Across the 2 benchmarks both models have independently-run scores for, Mistral Medium 3 leads on 0 and GPT-5 Nano leads on 2. Benchmarks are one input โ€” price and context window are on this page too.
Is Mistral Medium 3 cheaper than GPT-5 Nano?
GPT-5 Nano is cheaper: $0.138 versus $0.800 per million tokens blended at 3:1 input:output. Input alone: $0.400 vs $0.050. Output alone: $2.00 vs $0.400.
What context windows do Mistral Medium 3 and GPT-5 Nano have?
Mistral Medium 3: 131,072 tokens. GPT-5 Nano: 400,000 tokens.
Who makes Mistral Medium 3 and GPT-5 Nano?
Mistral Medium 3 is made by Mistral AI. GPT-5 Nano is made by OpenAI.
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