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GPT-5 Nano vs Mistral Large 3 2512

GPT-5 Nano leads Mistral Large 3 2512 on the Artificial Analysis Intelligence Index, 13.0 to 9.3, and GPT-5 Nano costs 3.8x less per output token ($0.40 vs $1.50 per million). Updated October 22, 2026; 21 benchmarks have a result for both.

GPT-5 NanoOpenAI
Coding
No data
Overall
35.6
Output $/M
$0.40
8
Mistral Large 3 2512Mistral AI
Coding
No data
Overall
No data
Output $/M
$1.50
13
vs boards won of 21 shared

GPT-5 Nano or Mistral Large 3 2512: which to pick

Neither model has a coding score yet, so the two cannot be ranked on coding.

Pick GPT-5 Nano for output tokens 3.8x cheaper ($0.40 vs $1.50 per million) and a lower cost per solved task ($0.109 against $0.77).

Shared results
21
GPT-5 Nano only
66
Mistral Large 3 2512 only
7
Like-for-like categories
7 of 9

Only benchmarks that tested both models count toward a pick; a result only one model has is shown but not compared.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
GPT-5 Nano not benchmarked, Mistral Large 3 2512 not benchmarked.
Widest category
Math, 21.1 points apart on average over 2 shared benchmarks.
Widest single gap
AIME: GPT-5 Nano 81.2% against Mistral Large 3 2512 42.9%, 38.3 points apart on a 0 to 100 scale.
Output price
GPT-5 Nano $0.40 against Mistral Large 3 2512 $1.50 per million output tokens, 3.8x apart.
Context window
GPT-5 Nano takes 400K tokens, Mistral Large 3 2512 262K.

Benchmark by benchmark

First the score: boards each model leads, per category, where both have a result. Then every board, a category to a fold; bars are each result on a 0 to 100 scale, so compare the two in a row, not one row with another.

Boards won, where both have a result
CategoryGPT-5 NanoBarsMistral Large 3 2512Ties
Coding10
Intelligence10
Reasoning11
Math20
Knowledge24
Web design06
General12
All shared boards813
CodingLike-for-likeSix of these boards feed the Vibe Coding Index10
Coding benchmarks for GPT-5 Nano and Mistral Large 3 2512
BenchmarkGPT-5 NanoMistral Large 3 2512Leader
SWE-bench Verified34.8%Not measuredOnly GPT-5 Nano measured
AA Coding IndexNot measured20.1Only Mistral Large 3 2512 measured
LiveCodeBench (Vals AI)70.2%55.3%GPT-5 Nano
SWE-bench Verified (Vals AI)Not measured41.4%Only Mistral Large 3 2512 measured
LiveCodeBench (Artificial Analysis run)78.9%Not measuredOnly GPT-5 Nano measured
Terminal-Bench Hard (Artificial Analysis run)17.4%Not measuredOnly GPT-5 Nano measured
Terminal-Bench21.8%Not measuredOnly GPT-5 Nano measured
WeirdML38.1%Not measuredOnly GPT-5 Nano measured
ALE-BenchNot measured264.7Only Mistral Large 3 2512 measured
LMArena Text: coding1351Not measuredOnly GPT-5 Nano measured
LMArena Text: software and IT1345Not measuredOnly GPT-5 Nano measured
Neither model has a result on the other 28 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index10
Intelligence benchmarks for GPT-5 Nano and Mistral Large 3 2512
BenchmarkGPT-5 NanoMistral Large 3 2512Leader
AA Intelligence Index13.09.3GPT-5 Nano
Epoch Capabilities Index139.2Not measuredOnly GPT-5 Nano measured
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index3 boards, none shared
Agentic work benchmarks for GPT-5 Nano and Mistral Large 3 2512
BenchmarkGPT-5 NanoMistral Large 3 2512Leader
AA Agentic IndexNot measured1.0Only Mistral Large 3 2512 measured
τ²-Bench Telecom36.5%Not measuredOnly GPT-5 Nano measured
Berkeley Function Calling Leaderboard (BFCL)51.4%Not measuredOnly GPT-5 Nano measured
Neither model has a result on the other 38 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index11
Reasoning benchmarks for GPT-5 Nano and Mistral Large 3 2512
BenchmarkGPT-5 NanoMistral Large 3 2512Leader
GPQA Diamond63.4%68.4%Mistral Large 3 2512
MMMU Pro (Vals AI)70.9%66.2%GPT-5 Nano
GPQA Diamond (Artificial Analysis run)67.6%Not measuredOnly GPT-5 Nano measured
Humanity's Last Exam (Artificial Analysis run)9.5%Not measuredOnly GPT-5 Nano measured
GPQA Diamond (Epoch AI run)69.4%Not measuredOnly GPT-5 Nano measured
ARC-AGI20.7%Not measuredOnly GPT-5 Nano measured
ARC-AGI-22.6%Not measuredOnly GPT-5 Nano measured
Chess puzzles22.0%Not measuredOnly GPT-5 Nano measured
Mystery game puzzles9.0%Not measuredOnly GPT-5 Nano measured
VPCT37.2%Not measuredOnly GPT-5 Nano measured
LMArena Text: hard prompts1328Not measuredOnly GPT-5 Nano measured
LMArena Text: expert1321Not measuredOnly GPT-5 Nano measured
LMArena Text: hard prompts in English1338Not measuredOnly GPT-5 Nano measured
LMArena Vision: diagrams1141Not measuredOnly GPT-5 Nano measured
LMArena Vision: homework1157Not measuredOnly GPT-5 Nano measured
Kagi LLM Benchmark62.2%Not measuredOnly GPT-5 Nano measured
Neither model has a result on the other 6 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index20
Math benchmarks for GPT-5 Nano and Mistral Large 3 2512
BenchmarkGPT-5 NanoMistral Large 3 2512Leader
AIME81.2%42.9%GPT-5 Nano
MATH 500 (Vals AI)93.8%Not measuredOnly GPT-5 Nano measured
MGSM (Vals AI)89.3%85.4%GPT-5 Nano
AA Math Index83.7Not measuredOnly GPT-5 Nano measured
AIME 2025 (Artificial Analysis run)83.7%Not measuredOnly GPT-5 Nano measured
OTIS Mock AIME81.1%Not measuredOnly GPT-5 Nano measured
FrontierMath, tiers 1 to 320.0%Not measuredOnly GPT-5 Nano measured
FrontierMath, tier 42.4%Not measuredOnly GPT-5 Nano measured
ProofBench12.0%Not measuredOnly GPT-5 Nano measured
MATH level 595.2%Not measuredOnly GPT-5 Nano measured
LMArena Text: math1317Not measuredOnly GPT-5 Nano measured
LMArena Text: mathematical work1326Not measuredOnly GPT-5 Nano measured
Neither model has a result on the other 1 board here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index24
Knowledge benchmarks for GPT-5 Nano and Mistral Large 3 2512
BenchmarkGPT-5 NanoMistral Large 3 2512Leader
MMLU Pro76.1%79.8%Mistral Large 3 2512
LegalBench (Vals AI)50.1%79.1%Mistral Large 3 2512
CaseLaw (Vals AI)52.6%61.4%Mistral Large 3 2512
CorpFin (Vals AI)Not measured61.0%Only Mistral Large 3 2512 measured
TaxEval (Vals AI)67.4%73.1%Mistral Large 3 2512
MortgageTax (Vals AI)53.6%52.1%GPT-5 Nano
MedQA (Vals AI)93.3%82.2%GPT-5 Nano
MedCode (Vals AI)30.4%Not measuredOnly GPT-5 Nano measured
MMLU Pro (Artificial Analysis run)78.0%Not measuredOnly GPT-5 Nano measured
SimpleQA Verified11.7%Not measuredOnly GPT-5 Nano measured
LMArena Text: science1318Not measuredOnly GPT-5 Nano measured
LMArena Text: medicine and healthcare1335Not measuredOnly GPT-5 Nano measured
LMArena Text: legal and government1298Not measuredOnly GPT-5 Nano measured
LMArena Text: business and finance1311Not measuredOnly GPT-5 Nano measured
Neither model has a result on the other 4 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index06
Web design benchmarks for GPT-5 Nano and Mistral Large 3 2512
BenchmarkGPT-5 NanoMistral Large 3 2512Leader
Design Arena: websites11011162Mistral Large 3 2512
Design Arena: UI components10641099Mistral Large 3 2512
Design Arena: game dev10441080Mistral Large 3 2512
Design Arena: data viz10561136Mistral Large 3 2512
Design Arena: 3D9651099Mistral Large 3 2512
Design Arena: all code categories10841141Mistral Large 3 2512
Design Arena: SVGNot measured992Only Mistral Large 3 2512 measured
Design Arena: ASCII artNot measured1069Only Mistral Large 3 2512 measured
Neither model has a result on the other 1 board here
GeneralLike-for-likePublic boards, shown as published, kept out of the index12
General benchmarks for GPT-5 Nano and Mistral Large 3 2512
BenchmarkGPT-5 NanoMistral Large 3 2512Leader
SAGE (Vals AI)30.4%24.6%GPT-5 Nano
MedScribe (Vals AI)72.9%Not measuredOnly GPT-5 Nano measured
IFBench67.6%Not measuredOnly GPT-5 Nano measured
Long context reasoning (AA-LCR)45.0%Not measuredOnly GPT-5 Nano measured
DTBench62.7%65.1%Mistral Large 3 2512
LMCA7.9%16.7%Mistral Large 3 2512
Fiction.LiveBench44.4%Not measuredOnly GPT-5 Nano measured
LMArena Text1320Not measuredOnly GPT-5 Nano measured
LMArena Text: instruction following1306Not measuredOnly GPT-5 Nano measured
LMArena Text: creative writing1249Not measuredOnly GPT-5 Nano measured
LMArena Vision1159Not measuredOnly GPT-5 Nano measured
LMArena Text: English1321Not measuredOnly GPT-5 Nano measured
LMArena Text: non-English1313Not measuredOnly GPT-5 Nano measured
LMArena Text: Chinese1356Not measuredOnly GPT-5 Nano measured
LMArena Text: German1327Not measuredOnly GPT-5 Nano measured
LMArena Text: Japanese1227Not measuredOnly GPT-5 Nano measured
LMArena Text: Korean1269Not measuredOnly GPT-5 Nano measured
LMArena Text: Spanish1360Not measuredOnly GPT-5 Nano measured
LMArena Text: Russian1296Not measuredOnly GPT-5 Nano measured
LMArena Text: Polish1314Not measuredOnly GPT-5 Nano measured
LMArena Text: multi-turn1311Not measuredOnly GPT-5 Nano measured
LMArena Text: longer queries1312Not measuredOnly GPT-5 Nano measured
LMArena Text: writing and language1283Not measuredOnly GPT-5 Nano measured
LMArena Text: entertainment and media1268Not measuredOnly GPT-5 Nano measured
LMArena Vision: English1170Not measuredOnly GPT-5 Nano measured
LMArena Vision: Chinese1176Not measuredOnly GPT-5 Nano measured
LMArena Vision: reading text1152Not measuredOnly GPT-5 Nano measured
LMArena Vision: humor1110Not measuredOnly GPT-5 Nano measured
Neither model has a result on the other 18 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for GPT-5 Nano and Mistral Large 3 2512
BenchmarkGPT-5 NanoMistral Large 3 2512Leader
Neither model has a result on 5 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

GPT-5 Nano$0.0003Fits in one request
Mistral Large 3 2512$0.0013Fits in one request

GPT-5 Nano costs less

Repository review

50K input + 3K output tokens

GPT-5 Nano$0.0037Fits in one request
Mistral Large 3 2512$0.029Fits in one request

GPT-5 Nano costs less

Agent loop

200K input + 10K output tokens

GPT-5 Nano$0.014Fits in one request
Mistral Large 3 2512$0.115Fits in one request

GPT-5 Nano costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of GPT-5 Nano and Mistral Large 3 2512
SpecificationOpenAI GPT-5 NanoMistral Large 3 2512
MakerOpenAIMistral AI
WeightsNo public weights listedNo public weights listed
ReleasedAugust 7, 2025December 1, 2025
Context window400K262K
Input $/Mtok$0.05$0.50
Output $/Mtok$0.40$1.50
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it01
Cost per solved task$0.109$0.77
SourceOpenRouter listingOpenRouter listing

Questions

Is GPT-5 Nano better than Mistral Large 3 2512 for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick GPT-5 Nano for output tokens 3.8x cheaper ($0.40 vs $1.50 per million) and a lower cost per solved task ($0.109 against $0.77).

Which is cheaper, GPT-5 Nano or Mistral Large 3 2512?

GPT-5 Nano costs $0.05 per million input tokens and $0.40 per million output tokens; Mistral Large 3 2512 costs $0.50 and $1.50. Per solved SWE-bench Verified task, GPT-5 Nano costs $0.109 and Mistral Large 3 2512 $0.77.

Which has the bigger context window, GPT-5 Nano or Mistral Large 3 2512?

GPT-5 Nano, with 400K tokens against 262K.

How many benchmarks is the GPT-5 Nano vs Mistral Large 3 2512 comparison based on?

21 benchmarks have a result for both models as of October 22, 2026. GPT-5 Nano's coding index rests on 0 independent benchmarks and Mistral Large 3 2512's on 1. Where only one model has a result, the page says so instead of naming a winner.

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