token.app › Compare › Mistral Small 4 vs GPT-5.6 Luna
Mistral Small 4 vs GPT-5.6 Luna
GPT-5.6 Luna is 1.2× cheaper per token on a blended 3:1 basis. GPT-5.6 Luna accepts the larger context window (1.1M).
Head to head
Blended price uses a 3:1 input:output mix
| Mistral Small 4 | GPT-5.6 Luna | |
|---|---|---|
| Provider | Mistral AI | OpenAI |
| Input $/1M | $0.150 | $0.100 |
| Output $/1M | $0.600 | $0.600 |
| Blended $/1M | $0.262 | $0.225 |
| Context window | 262K | 1.1M |
| Max output | — | 128K |
| Released | Mar 2026 | Jul 2026 |
| Licence | Open weights | Proprietary |
Choose Mistral Small 4 if…
- Open weights — self-hostable
Choose GPT-5.6 Luna if…
- Costs less per token — $0.225 vs $0.262 blended
- Larger context window (1.1M)
- Newer model (released Jul 2026)
FAQ
Which is better, Mistral Small 4 or GPT-5.6 Luna?
We do not hold independently-run benchmark scores covering both Mistral Small 4 and GPT-5.6 Luna, so we make no quality claim. Their pricing and specifications are compared on this page.
Is Mistral Small 4 cheaper than GPT-5.6 Luna?
GPT-5.6 Luna is cheaper: $0.225 versus $0.262 per million tokens blended at 3:1 input:output. Input alone: $0.150 vs $0.100. Output alone: $0.600 vs $0.600.
What context windows do Mistral Small 4 and GPT-5.6 Luna have?
Mistral Small 4: 262,144 tokens. GPT-5.6 Luna: 1,050,000 tokens.
Who makes Mistral Small 4 and GPT-5.6 Luna?
Mistral Small 4 is made by Mistral AI. GPT-5.6 Luna is made by OpenAI.