Mistral Large 2 (2407) vs Mistral Small 3
Mistral Large 2 (2407) (2024) and Mistral Small 3 (2025) are compact production models from MistralAI. Mistral Large 2 (2407) ships a 128K-token context window, while Mistral Small 3 ships a 33K-token context window. On pricing, Mistral Small 3 costs $0.1/1M input tokens versus $0.5/1M for the alternative. This comparison covers specs, pricing, capabilities, benchmarks, provider availability, and production fit.
Mistral Small 3 is ~400% cheaper at $0.1/1M; pay for Mistral Large 2 (2407) only for long-context analysis.
Decision scorecard
Local evidence first| Signal | Mistral Large 2 (2407) | Mistral Small 3 |
|---|---|---|
| Decision fit | RAG, Long context, and Vision | Agents, Classification, and JSON / Tool use |
| Context window | 128K | 33K |
| Cheapest output | $1.5/1M tokens | $0.3/1M tokens |
| Provider routes | 3 tracked | 1 tracked |
| Shared benchmarks | 0 rows | 0 rows |
Decision tradeoffs
- Mistral Large 2 (2407) has the larger context window for long prompts, retrieval packs, or transcript analysis.
- Mistral Large 2 (2407) has broader tracked provider coverage for fallback and procurement flexibility.
- Mistral Large 2 (2407) uniquely exposes Vision in local model data.
- Local decision data tags Mistral Large 2 (2407) for RAG, Long context, and Vision.
- Mistral Small 3 has the lower cheapest tracked output price at $0.3/1M tokens.
- Mistral Small 3 uniquely exposes Function calling and Tool use in local model data.
- Local decision data tags Mistral Small 3 for Agents, Classification, and JSON / Tool use.
Monthly cost at traffic
Estimate token spend from the cheapest tracked input and output prices on this page.
Mistral Large 2 (2407)
$775
Cheapest tracked route: Chutes AI
Mistral Small 3
$155
Cheapest tracked route: Together AI
Estimated monthly gap: $620. Batch, cache, and negotiated pricing are excluded from this local estimate.
Switch friction
- No overlapping tracked provider route is sourced for Mistral Large 2 (2407) and Mistral Small 3; plan for SDK, billing, or endpoint changes.
- Mistral Small 3 is $1.2/1M tokens lower on cheapest tracked output pricing before cache, batch, or negotiated discounts.
- Check replacement coverage for Vision before moving production traffic.
- Mistral Small 3 adds Function calling and Tool use in local capability data.
- No overlapping tracked provider route is sourced for Mistral Small 3 and Mistral Large 2 (2407); plan for SDK, billing, or endpoint changes.
- Mistral Large 2 (2407) is $1.2/1M tokens higher on cheapest tracked output pricing, so quality gains need to justify the spend.
- Check replacement coverage for Function calling and Tool use before moving production traffic.
- Mistral Large 2 (2407) adds Vision in local capability data.
Specs
| Specification | ||
|---|---|---|
| Released | 2024-07-23 | 2025-01-01 |
| Context window | 128K | 33K |
| Parameters | 123B | — |
| Architecture | decoder only | decoder only |
| License | Apache 2.0 | Open Source |
| Knowledge cutoff | 2024-03 | 2023-10 |
Pricing and availability
| Pricing attribute | Mistral Large 2 (2407) | Mistral Small 3 |
|---|---|---|
| Input price | $0.5/1M tokens | $0.1/1M tokens |
| Output price | $1.5/1M tokens | $0.3/1M tokens |
| Providers |
Capabilities
| Capability | Mistral Large 2 (2407) | Mistral Small 3 |
|---|---|---|
| Vision | Yes | No |
| Multimodal | No | No |
| Reasoning | No | No |
| Function calling | No | Yes |
| Tool use | No | Yes |
| Structured outputs | Yes | Yes |
| Code execution | No | No |
Benchmarks
No shared benchmark rows are currently sourced for this pair.
Deep dive
The capability footprint differs most on vision: Mistral Large 2 (2407), function calling: Mistral Small 3, and tool use: Mistral Small 3. Both models share structured outputs, so the practical split is not just feature count. Use those differences to decide whether the page is about raw model quality, agentic coding support, multimodal ingestion, or predictable structured API behavior.
For cost, Mistral Large 2 (2407) lists $0.5/1M input and $1.5/1M output tokens, while Mistral Small 3 lists $0.1/1M input and $0.3/1M output tokens on the cheapest tracked provider. A 70/30 input-output blend puts Mistral Small 3 lower by about $0.64 per million blended tokens. Availability is 3 providers versus 1, so concentration risk also matters.
Choose Mistral Large 2 (2407) when long-context analysis, larger context windows, and broader provider choice are central to the workload. Choose Mistral Small 3 when provider fit and lower input-token cost are more important. For production, rerun your own prompts through the exact provider, region, and tool stack you plan to ship. This keeps the decision grounded in measurable tradeoffs instead of brand-level assumptions. It also helps separate model capability from provider packaging, which can change cost and latency.
FAQ
Which has a larger context window, Mistral Large 2 (2407) or Mistral Small 3?
Mistral Large 2 (2407) supports 128K tokens, while Mistral Small 3 supports 33K tokens. That gap matters most for long documents, large codebases, retrieval-heavy agents, and conversations where earlier context must remain visible.
Which is cheaper, Mistral Large 2 (2407) or Mistral Small 3?
Mistral Small 3 is cheaper on tracked token pricing. Mistral Large 2 (2407) costs $0.5/1M input and $1.5/1M output tokens. Mistral Small 3 costs $0.1/1M input and $0.3/1M output tokens. Provider discounts or batch pricing can still change the final bill.
Is Mistral Large 2 (2407) or Mistral Small 3 open source?
Mistral Large 2 (2407) is listed under Apache 2.0. Mistral Small 3 is listed under Open Source. License labels affect whether you can self-host, redistribute weights, or rely only on hosted APIs, so confirm the upstream license before deployment.
Which is better for vision, Mistral Large 2 (2407) or Mistral Small 3?
Mistral Large 2 (2407) has the clearer documented vision signal in this comparison. If vision is mission-critical, validate it against the provider endpoint because model-level support and API-level exposure can differ.
Which is better for function calling, Mistral Large 2 (2407) or Mistral Small 3?
Mistral Small 3 has the clearer documented function calling signal in this comparison. If function calling is mission-critical, validate it against the provider endpoint because model-level support and API-level exposure can differ.
Where can I run Mistral Large 2 (2407) and Mistral Small 3?
Mistral Large 2 (2407) is available on Microsoft Foundry, Chutes AI, and SiliconFlow. Mistral Small 3 is available on Together AI. Provider coverage can affect latency, region availability, compliance posture, and fallback options.
Continue comparing
Last reviewed: 2026-05-16. Data sourced from public model cards and provider documentation.