token.app › Compare › Mistral Small 3.1 24B vs Mercury 3

Mistral Small 3.1 24B vs Mercury 3

Mercury 3 is 2.5× 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 Small 3.1 24BMercury 3
ProviderMistral AIInception
Input $/1M$0.351$0.100
Output $/1M$0.555$0.350
Blended $/1M$0.402$0.163
Context window128K1M
Max output102K131K
ReleasedMar 2025Oct 2026
LicenceOpen weightsProprietary
Choose Mistral Small 3.1 24B if…
  • Open weights — self-hostable
Choose Mercury 3 if…
  • Costs less per token — $0.163 vs $0.402 blended
  • Larger context window (1M)
  • Newer model (released Oct 2026)
FAQ
Which is better, Mistral Small 3.1 24B or Mercury 3?
We do not hold independently-run benchmark scores covering both Mistral Small 3.1 24B and Mercury 3, so we make no quality claim. Their pricing and specifications are compared on this page.
Is Mistral Small 3.1 24B cheaper than Mercury 3?
Mercury 3 is cheaper: $0.163 versus $0.402 per million tokens blended at 3:1 input:output. Input alone: $0.351 vs $0.100. Output alone: $0.555 vs $0.350.
What context windows do Mistral Small 3.1 24B and Mercury 3 have?
Mistral Small 3.1 24B: 128,000 tokens. Mercury 3: 1,000,000 tokens.
Who makes Mistral Small 3.1 24B and Mercury 3?
Mistral Small 3.1 24B is made by Mistral AI. Mercury 3 is made by Inception.
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