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MiniMax M3.1 Flash vs Mistral Small

Comparing MiniMax M3.1 Flash and Mistral Small across benchmarks, pricing, and capabilities.

MiniMax · Mistral AI · Updated for 2026

Which is better?

MiniMax M3.1 Flash and Mistral Small trade strengths across price, capabilities, and technical limits. The better choice depends on the workload.

On price, MiniMax M3.1 Flash is roughly 1.1x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

MiniMax M3.1 Flash also accepts a larger context window (1,000,000 input tokens), making it the stronger choice for long documents and large codebases.

Based on current LLM Stats indexes, shared benchmarks, pricing, and model metadata for 2026.

Choose MiniMax M3.1 Flash

  • cost matters — it's about 1.1x cheaper per token
  • you process long inputs — it offers a 1,000,000 token context window
  • you want the most recent training data — it shipped Oct 2026

Choose Mistral Small

  • you need open weights you can self-host or fine-tune

At a glance

The differences that matter most.

Benchmark wins
—
—
Input price
$0.15 / M
$0.20 / M
Output price
$0.60 / M
$0.60 / M
Context window
1,000,000
32,768

Individual benchmarks

14 reported for MiniMax M3.1 Flash · 0 for Mistral Small

No common benchmarks found

MiniMax M3.1 Flash and Mistral Smalldon't have any common benchmark datasets to compare. They may have been evaluated on different testing suites.

Human preference

Blind head-to-head votes and playground preference scores

Pricing Analysis

Price comparison per million tokens

MiniMax M3.1 Flash costs less

For input processing, MiniMax M3.1 Flash ($0.15/1M tokens) is 1.3x cheaper than Mistral Small ($0.20/1M tokens).

For output processing, MiniMax M3.1 Flash ($0.60/1M tokens) costs the same as Mistral Small ($0.60/1M tokens).

In conclusion, Mistral Small is more expensive than MiniMax M3.1 Flash.*

* Using a 3:1 ratio of input to output tokens

Lowest available price from all providers
Mon Oct 19 2026 • llm-stats.com
MiniMax
MiniMax M3.1 Flash
Input tokens$0.15
Output tokens$0.60
Best providerMiniMax
Mistral AI
Mistral Small
Input tokens$0.20
Output tokens$0.60
Best providerMistral
Notice missing or incorrect data?

Context Window

Maximum input and output token capacity

MiniMax M3.1 Flash accepts 1,000,000 input tokens compared to Mistral Small's 32,768 tokens. MiniMax M3.1 Flash can generate longer responses up to 524,288 tokens, while Mistral Small is limited to 32,768 tokens.

MiniMax
MiniMax M3.1 Flash
Input1,000,000 tokens
Output524,288 tokens
Mistral AI
Mistral Small
Input32,768 tokens
Output32,768 tokens
Mon Oct 19 2026 • llm-stats.com

Input capabilities

Documented input modalities across available providers

MiniMax M3.1 Flash supports multimodal inputs, whereas Mistral Small does not.

MiniMax M3.1 Flash can handle both text and other forms of data like images, making it suitable for multimodal applications.

MiniMax M3.1 Flash

Text
Images
Audio
Video

Mistral Small

Text
Images
Audio
Video

License

Usage and distribution terms

MiniMax M3.1 Flash is licensed under a proprietary license, while Mistral Small uses Mistral Research License.

License differences may affect how you can use these models in commercial or open-source projects.

MiniMax M3.1 Flash

Proprietary

Closed source

Mistral Small

Mistral Research License

Open weights

Release Timeline

When each model was launched

MiniMax M3.1 Flash was released on 2026-10-19, while Mistral Small was released on 2024-09-17.

MiniMax M3.1 Flash is 25 months newer than Mistral Small.

MiniMax M3.1 Flash

Oct 19, 2026

0 days ago

2.1yr newer
Mistral Small

Sep 17, 2024

2.1 years ago

Knowledge Cutoff

When training data ends

Neither model specifies a knowledge cutoff date.

Unable to compare the recency of their training data.

No cutoff dates available

Provider Availability

MiniMax M3.1 Flash is available from MiniMax. Mistral Small is available from Mistral AI.

MiniMax M3.1 Flash

minimax logo
MiniMax
Input Price:Input: $0.15/1MOutput Price:Output: $0.60/1M

Mistral Small

mistral logo
Mistral
Input Price:Input: $0.20/1MOutput Price:Output: $0.60/1M
* Prices shown are per million tokens

Outputs Comparison

Notice missing or incorrect data?

Judge for yourself.

Run your own prompts against MiniMax M3.1 Flash and Mistral Small side-by-side, then vote on the output you prefer.

MiniMax M3.1 Flash
✓ Preferred
Mistral Small
Open in Playground

FAQ

Common questions about MiniMax M3.1 Flash vs Mistral Small.

Which is better, MiniMax M3.1 Flash or Mistral Small?

MiniMax M3.1 Flash (MiniMax) and Mistral Small (Mistral AI) each have strengths in different areas. Compare their benchmark scores, pricing, context windows, and capabilities above to determine which fits your needs.

How does MiniMax M3.1 Flash compare to Mistral Small in benchmarks?

MiniMax M3.1 Flash scores BabyVision: 91.0%, CharXiv-R: 82.5%, CyberGym: 82.2%, BankerToolBench: 76.2%, DeepSWE 1.1: 73.7%.

Is MiniMax M3.1 Flash cheaper than Mistral Small?

MiniMax M3.1 Flash is 1.3x cheaper for input tokens. MiniMax M3.1 Flash costs $0.15/M input and $0.60/M output via minimax. Mistral Small costs $0.20/M input and $0.60/M output via mistral.

What are the context window sizes for MiniMax M3.1 Flash and Mistral Small?

MiniMax M3.1 Flash supports 1.0M tokens and Mistral Small supports 33K tokens. A larger context window lets you process longer documents, conversations, or codebases in a single request.

What are the main differences between MiniMax M3.1 Flash and Mistral Small?

Key differences include context window (1.0M vs 33K), input pricing ($0.15 vs $0.20/M), multimodal support (yes vs no), licensing (Proprietary vs Mistral Research License). See the full comparison above for benchmark-by-benchmark results.

Who makes MiniMax M3.1 Flash and Mistral Small?

MiniMax M3.1 Flash is developed by MiniMax and Mistral Small is developed by Mistral AI.