Mistral Large 3 2512 (Mistral AI) and Mistral Small 3.2 24B (Mistral AI) compared on the ModelCap Index, API price, context window, provider availability, weight access and every public benchmark board they share. Figures are the same ones shown on the live rankings; nothing here is a hidden score.
Snapshot as of 22 September 2026
As of 22 September 2026, Mistral Large 3 2512 holds the stronger ModelCap Index position (#72 vs #133); Mistral Small 3.2 24B is 3× cheaper per output token ($0.25/1M vs $0.75/1M); Mistral Large 3 2512 offers the longer context window (262K vs 256K tokens); and Mistral Small 3.2 24B ships open weights.
Evidence: 2 public benchmark observations across 2 boards · 2 public benchmark observations across 2 boards. Prices are the lowest listed API offer per million tokens observed on the OpenRouter catalogue.
Benchmark scores: Mistral Large 3 2512 vs Mistral Small 3.2 24B
Public benchmark boards where Mistral Large 3 2512 or Mistral Small 3.2 24B has a published result
Mistral Large 3 2512 vs Mistral Small 3.2 24B: common questions
Is Mistral Large 3 2512 better than Mistral Small 3.2 24B?
Mistral Large 3 2512 ranks higher on the ModelCap Index as of 22 September 2026: #72 against #133. That is a capability ranking built from public benchmark evidence with published uncertainty; whether it is "better" for you also depends on price, context and where you can run it. Their published uncertainty intervals do not overlap, but the aggregate Index does not predict performance on every task; compare the relevant benchmark configurations before choosing.
Is Mistral Large 3 2512 cheaper than Mistral Small 3.2 24B?
Mistral Small 3.2 24B is cheaper on output tokens: $0.25/1M against $0.75/1M. Input tokens are $0.25/1M for Mistral Large 3 2512 and $0.094/1M for Mistral Small 3.2 24B. Prices are the lowest listed API offer ModelCap observed, in USD per million tokens. For 1,000 requests with 2,000 input and 500 output tokens each (2M input + 0.5M output), the listed-rate estimate is $0.88 for Mistral Large 3 2512 versus $0.31 for Mistral Small 3.2 24B. Mistral Small 3.2 24B costs 64.3% less in this scenario. This excludes caching, batch discounts, prompt-length tiers, tool charges and retries; verify the selected endpoint before budgeting.
Which has the bigger context window, Mistral Large 3 2512 or Mistral Small 3.2 24B?
Mistral Large 3 2512 has the larger context window: 262K tokens against 256K.
Which is better for coding, Mistral Large 3 2512 or Mistral Small 3.2 24B?
Arena coding: Mistral Large 3 2512 1469, Mistral Small 3.2 24B 1412 — Mistral Large 3 2512 leads.
Are Mistral Large 3 2512 and Mistral Small 3.2 24B open-weight models?
Mistral Large 3 2512: API only. Mistral Small 3.2 24B: Open weights. Open weights mean the checkpoint can be downloaded and self-hosted under its licence; API-only models are available solely through hosted endpoints.
Where can I run Mistral Large 3 2512 and Mistral Small 3.2 24B?
ModelCap currently lists 1 API provider for Mistral Large 3 2512 and 3 for Mistral Small 3.2 24B, from the OpenRouter catalogue snapshot the site serves; each model page lists the providers and their prices.
How current is this Mistral Large 3 2512 vs Mistral Small 3.2 24B comparison?
Every figure comes from the sealed ModelCap dataset published 22 September 2026; the page re-renders within a minute of each data refresh, and the ModelCap Index positions are the same ones shown on the live rankings.