token.app › Compare › Qwen2.5 Coder 32B Instruct vs Mercury 3

Qwen2.5 Coder 32B Instruct vs Mercury 3

Mercury 3 is 4.6× 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
Qwen2.5 Coder 32B InstructMercury 3
ProviderAlibabaInception
Input $/1M$0.660$0.100
Output $/1M$1.00$0.350
Blended $/1M$0.745$0.163
Context window33K1M
Max output29K131K
ReleasedNov 2024Oct 2026
LicenceOpen weightsProprietary
Choose Qwen2.5 Coder 32B Instruct if…
  • Open weights — self-hostable
Choose Mercury 3 if…
  • Costs less per token — $0.163 vs $0.745 blended
  • Larger context window (1M)
  • Newer model (released Oct 2026)
FAQ
Which is better, Qwen2.5 Coder 32B Instruct or Mercury 3?
We do not hold independently-run benchmark scores covering both Qwen2.5 Coder 32B Instruct and Mercury 3, so we make no quality claim. Their pricing and specifications are compared on this page.
Is Qwen2.5 Coder 32B Instruct cheaper than Mercury 3?
Mercury 3 is cheaper: $0.163 versus $0.745 per million tokens blended at 3:1 input:output. Input alone: $0.660 vs $0.100. Output alone: $1.00 vs $0.350.
What context windows do Qwen2.5 Coder 32B Instruct and Mercury 3 have?
Qwen2.5 Coder 32B Instruct: 32,768 tokens. Mercury 3: 1,000,000 tokens.
Who makes Qwen2.5 Coder 32B Instruct and Mercury 3?
Qwen2.5 Coder 32B Instruct is made by Alibaba. Mercury 3 is made by Inception.
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