MiniMax-M3.1-Flash vs Mistral Small 4
Price and specs side by side · USD per 1M tokens · verified 2026-10-23
// side by side
| metric | MiniMax-M3.1-Flash | Mistral Small 4 |
|---|
| input / 1M | $0.15 | $0.15 |
| output / 1M | $0.60 | $0.60 |
| blended (3:1) | $0.2625 | $0.2625 |
| cache read / 1M | $0.015 | $0.015 |
| context | 1M | 262.1K |
| max output | 524.3K | 256K |
| input types | text · image · video | text · image · pdf |
| reasoning | yes | yes |
| tool calling | yes | yes |
| structured output | no | yes |
| open weights | no | yes |
| released | 2026-10-19 | 2026-03-16 |
| knowledge cutoff | n/a | 2025-06 |
| lab | MiniMax | Mistral |
// monthly cost scenarios
| workload | tokens in / out | MiniMax-M3.1-Flash | Mistral Small 4 |
|---|
| Chatbot | 10M / 2M | $2.70 | $2.70 |
| RAG app | 50M / 5M | $10.50 | $10.50 |
| Coding agent | 20M / 10M | $9.00 | $9.00 |
// verdict
- MiniMax-M3.1-Flash and Mistral Small 4 have the same blended price.
- MiniMax-M3.1-Flash has the larger context window (1M vs 262.1K tokens).
- Only Mistral Small 4 supports structured output.
- Chatbot (10M input / 2M output tokens per month): both cost $2.70 per month.
- RAG app (50M input / 5M output tokens per month): both cost $10.50 per month.
- Coding agent (20M input / 10M output tokens per month): both cost $9.00 per month.
// MiniMax-M3.1-Flash or Mistral Small 4: which one to choose
- Choose MiniMax-M3.1-Flash for long documents and large codebases (1M-token context).
- Choose Mistral Small 4 if you need structured output.
- Choose Mistral Small 4 if you want open weights you can self-host.