Mistral Small 3
Excellent latency / cost ratio — open weights, production-ready.
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Mistral Small 3 Overview at a Glance
Mistral Small 3 is a large language model from Mistral, first released on 30 January 2025. It is open-source (open-weights) and sits in the fast, mistral, open weights, and consumer categories of our catalog. Excellent latency / cost ratio — open weights, production-ready. This page covers Mistral Small 3 pricing, benchmarks, API limits, speed, modalities, best use cases, and how it compares with similar models — so you can decide whether it belongs in your stack in 2026.
As a language model, Mistral Small 3 is evaluated on reasoning quality, coding ability, latency, context window size, and dollars-per-million-tokens. The context window is 32k tokens (about 24k words), which determines how much prompt, document, and conversation history you can send in one request. At a typical 3:1 input-to-output mix, the blended API price is about $0.30 per 1M tokens. On our intelligence index it ranks #21 of 22 language models we track with a score of 52/100 (capable mid-tier).
Teams usually shortlist Mistral Small 3 when they need a dependable Mistral option for production chat, agents, retrieval-augmented generation, or coding copilots. Common fits include self-hosting, edge deployment, and real-time apps. Reviewers consistently call out apache 2.0 license, fast, and cheap as standout strengths. Trade-offs to weigh include smaller context. The sections below break down pricing tables, benchmark charts, token limits, input/output modalities, and head-to-head comparisons so long-tail queries — from “Mistral Small 3 API pricing” to “Mistral Small 3 vs Llama 3.1 8B” — are answered on this page.
If you are migrating from an older Mistral model or switching labs entirely, treat this page as a decision brief: skim the overview stats, confirm API pricing fits your volume, check whether the context window covers your longest documents, then validate quality on a golden set of prompts. Benchmarks and charts help shortlist; your own evals decide. We refresh catalog numbers periodically (last update 2026-06) so figures stay useful through the year.
- Context window
- 32k tokens
- Max output
- 8k tokens
- Input price
- $0.20 / 1M tokens
- Output price
- $0.60 / 1M tokens
- Time to first token
- 0.3s
- Input modalities
- text
- Output modalities
- text
- License
- Open source
- Provider
- Mistral
- Apache 2.0 license
- Fast
- Cheap
- Smaller context
- Self-hosting
- Edge deployment
- Real-time apps
Mistral Small 3 Pricing
Mistral Small 3 uses token-based API pricing from Mistral. You pay $0.20 per million input tokens and $0.60 per million output tokens. For planning budgets we quote a blended rate of $0.30 per 1M tokens at a 3:1 input-to-output ratio — the same convention used across our catalog so models are comparable. Output tokens usually dominate cost for chatty or agentic workloads, so watch generation length and system-prompt size.
When estimating production spend, multiply expected monthly tokens by the blended rate, then add a buffer for retries, tool-calling loops, and RAG context. Because Mistral Small 3 is open-weights, self-hosting can beat API pricing at high volume once GPU utilization is solid — hosted APIs remain cheaper to start.
Also compare Mistral Small 3 against cheaper siblings from Mistral for router patterns: send easy traffic to a mini/flash tier and reserve Mistral Small 3 for hard reasoning. That hybrid design often cuts billable tokens 30–70% without users noticing quality drops on simple turns.
- Input price
- $0.20 / 1M tokens
- Output price
- $0.60 / 1M tokens
- Blended (3:1)
- $0.30 / 1M tokens
Mistral Small 3 Benchmarks
Public benchmark scores help compare Mistral Small 3 with other LLMs on knowledge, graduate-level science, competition math, and coding. Reported figures in our catalog include MMLU 81, MMLU Pro 66, GPQA 45, MATH 70.6, and HumanEval 84.5. These are not a substitute for evals on your own prompts, but they are useful for shortlisting.
Our intelligence index (52/100) normalizes those benchmarks into a single capable mid-tier score so you can scan the leaderboard quickly. The performance chart below shows each benchmark against the current catalog leader.
Mistral Small 3 API Pricing
API pricing for Mistral Small 3 is what you pay when calling Mistral’s developer endpoint (or a marketplace such as Azure, Bedrock, or Vertex when available). Unlike consumer chat apps with flat subscriptions, API bills scale with tokens processed. Cache prompt prefixes where the provider supports it, batch non-interactive jobs, and prefer smaller sibling models for classification or routing when full Mistral Small 3 quality is unnecessary.
To convert catalog numbers into a monthly forecast: estimate average input tokens per request (system prompt + user message + retrieved context), average output tokens, and request volume. Cost ≈ requests × ((inputTokens/1e6) × inputPrice + (outputTokens/1e6) × outputPrice). Our LLM pricing calculator can stress-test scenarios if you need a second opinion against peers.
Always verify live rates on the official docs — our figures are refreshed periodically (last catalog update: 2026-06) and providers change list prices. Official reference: https://docs.mistral.ai/getting-started/models/models_overview/.
Mistral Small 3 Context Window
Mistral Small 3 offers a 32k-token context window — roughly about 24k words of English text. Everything in a single API call counts against that budget: system instructions, chat history, retrieved documents, tool schemas, and the model’s reply. Exceeding the window truncates or errors depending on the provider.
Large windows help with long PDFs, multi-file code reviews, and multi-hour agent traces, but bigger contexts also cost more tokens and can add latency. Prefer retrieval that stuffs only relevant chunks, summarize old turns, and reserve headroom for up to 8k output tokens.
Mistral Small 3 Input / Output Modalities
Mistral Small 3 accepts text as input and produces text as output. Knowing the modality matrix matters when you design pipelines — for example, vision-capable language models can take screenshots or PDFs as images, while pure text models need an OCR or captioning step first.
If you need bidirectional voice, native video understanding, or tool-use with multimodal arguments, confirm support in Mistral’s API schema rather than assuming parity with the consumer chat app. Modality support also affects pricing: image or audio inputs may be tokenized differently than plain text.
Document which of Mistral Small 3’s listed modalities you will actually send in production. Turning on unused multimodal features can change tokenizers, rate limits, and safety filters unexpectedly.
- Inputs
- text
- Outputs
- text
Mistral Small 3 Token Limits
Token limits define how much Mistral Small 3 can read and write per request. Total context is capped at 32k tokens. Maximum completion length is 8k tokens — even if context remains, the model stops generating beyond that ceiling unless you continue in a follow-up call. Providers may also enforce organization-level rate limits (RPM/TPM) separate from these per-request caps.
Practical tip: set max_tokens intentionally. Leaving it unbounded wastes budget on verbose answers; setting it too low truncates JSON or code. For structured outputs, prefer schemas/tool calls and keep completions tight.
- Context window
- 32k tokens
- Max output
- 8k tokens
Mistral Small 3 Speed
Speed for Mistral Small 3 is measured two ways: time-to-first-token (how quickly streaming starts) and steady-state tokens per second. Catalog median throughput is about 150 tok/s. Typical TTFT is 300 ms. Reasoning-heavy modes that think before answering will look slower on tok/s even when quality is higher.
Interactive chat wants low TTFT; batch extraction can tolerate higher latency for cheaper regions or providers. If Mistral Small 3 is too slow for your UX, evaluate a “mini/flash/haiku” sibling from the same lab before switching ecosystems.
- Throughput
- 150 tokens/sec
- Time to first token
- 300 ms
- Speed percentile
- Faster than ~77% of tracked LLMs
Mistral Small 3 Performance Charts
The charts on this page visualize Mistral Small 3 against catalog peers. Benchmark bars show academic scores versus the current leader; the similar-models comparison table plots intelligence, speed, and blended price so you can see trade-offs at a glance. Use them to answer “is Mistral Small 3 fast enough?” and “is the quality jump worth the premium?” without opening a spreadsheet.
Benchmark performance vs catalog leaders
Intelligence index vs similar models
Comparison with Similar Models
Choosing an AI model is rarely absolute — it is relative to the next-best option. Mistral Small 3 is most often weighed against Llama 3.1 8B, Stable Diffusion 3.5 Large, and DeepSeek R1. Compare intelligence (or generation quality), latency, price, license, and modality support. A slightly weaker but much cheaper model can win for high-volume workloads; a pricier frontier model wins when a single mistake is expensive.
Use the links and table below for structured Mistral Small 3 vs alternatives research. We also maintain dedicated head-to-head pages for popular matchups when available. If you are standardizing on Mistral, check sibling models from the same lab before leaving the ecosystem.
A practical bake-off: pick 20–50 real prompts, score accuracy/style, measure p50/p95 latency, and compute cost at projected volume for Mistral Small 3 and two peers. Ship the winner behind a feature flag so you can reverse the decision without a rewrite.
| Model | Provider | Intelligence | Speed | Price |
|---|---|---|---|---|
| Mistral Small 3 | Mistral | 52 | 150 t/s | $0.30/1M |
| Llama 3.1 8B | Meta | 44 | 750 t/s | $0.06/1M |
| Stable Diffusion 3.5 Large | Stability AI | — | — | $0.010/img |
| DeepSeek R1 | DeepSeek | 73 | 60 t/s | $0.96/1M |
More from Mistral
Mistral Small 3 Best Use Cases
Best use cases for Mistral Small 3 follow from its strengths, price point, and modality support. Match the model to the job: frontier reasoning for hard planning, fast/cheap tiers for classification, image/video/speech specialists for media pipelines.
Based on catalog notes, Mistral Small 3 is a particularly strong fit for self-hosting, edge deployment, and real-time apps. Validate with a short bake-off on your real prompts before a full cutover.
Anti-patterns: do not use a frontier-priced model like a generic classifier if a smaller model scores within a point on your eval; do not stuff entire corpora into context when retrieval would be cheaper; and do not skip structured outputs if you plan to parse Mistral Small 3 responses in code.
- Self-hosting
- Edge deployment
- Real-time apps
Mistral Small 3 Pros & Cons
Every model trades quality, speed, cost, and openness. Here is a concise pros and cons list for Mistral Small 3 drawn from our catalog strengths and weaknesses — pair it with your own evals before committing.
Read pros as “reasons to shortlist” and cons as “risks to mitigate,” not as deal-breakers in isolation. A listed weakness (for example higher price or smaller context) may be irrelevant if your workload is bursty, short-context, or already standardized on Mistral.
After scanning this list, jump to the comparison table and FAQ for decision support, then lock a trial window with success metrics before replacing a production model with Mistral Small 3.
- Apache 2.0 license
- Fast
- Cheap
- Smaller context
Mistral Small 3 — frequently asked questions
Need help choosing between models?
Compare every option in one sortable table — intelligence, speed and price on a single page.