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GPT-5 Nano vs Mistral Small 3.2 24B

Mistral Small 3.2 24B costs 1.3x less per output token than GPT-5 Nano ($0.30 vs $0.40 per million). Updated October 22, 2026; 5 benchmarks have a result for both.

GPT-5 NanoOpenAI
Coding
No data
Overall
35.6
Output $/M
$0.40
5
Mistral Small 3.2 24BMistral AI
Coding
No data
Overall
No data
Output $/M
$0.30
0
vs boards won of 5 shared

GPT-5 Nano or Mistral Small 3.2 24B: which to pick

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

Pick GPT-5 Nano for a larger context window (400K against 256K tokens).

Shared results
5
GPT-5 Nano only
82
Mistral Small 3.2 24B only
0
Like-for-like categories
1 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 Small 3.2 24B not benchmarked.
Widest category
Web design, 20.6 points apart on average over 5 shared benchmarks.
Widest single gap
Design Arena: websites: GPT-5 Nano 1101 against Mistral Small 3.2 24B 896, 25.6 points apart on a 0 to 100 scale.
Output price
GPT-5 Nano $0.40 against Mistral Small 3.2 24B $0.30 per million output tokens, 1.3x apart.
Context window
GPT-5 Nano takes 400K tokens, Mistral Small 3.2 24B 256K.

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 Small 3.2 24BTies
Web design50
All shared boards50
CodingDirectional onlySix of these boards feed the Vibe Coding Index8 boards, none shared
Coding benchmarks for GPT-5 Nano and Mistral Small 3.2 24B
BenchmarkGPT-5 NanoMistral Small 3.2 24BLeader
SWE-bench Verified34.8%Not measuredOnly GPT-5 Nano measured
LiveCodeBench (Vals AI)70.2%Not measuredOnly GPT-5 Nano 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
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 31 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
Intelligence benchmarks for GPT-5 Nano and Mistral Small 3.2 24B
BenchmarkGPT-5 NanoMistral Small 3.2 24BLeader
AA Intelligence Index13.0Not measuredOnly GPT-5 Nano measured
Epoch Capabilities Index139.2Not measuredOnly GPT-5 Nano measured
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
Agentic work benchmarks for GPT-5 Nano and Mistral Small 3.2 24B
BenchmarkGPT-5 NanoMistral Small 3.2 24BLeader
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 39 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index16 boards, none shared
Reasoning benchmarks for GPT-5 Nano and Mistral Small 3.2 24B
BenchmarkGPT-5 NanoMistral Small 3.2 24BLeader
GPQA Diamond63.4%Not measuredOnly GPT-5 Nano measured
MMMU Pro (Vals AI)70.9%Not measuredOnly GPT-5 Nano measured
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
MathDirectional onlyPublic boards, shown as published, kept out of the index12 boards, none shared
Math benchmarks for GPT-5 Nano and Mistral Small 3.2 24B
BenchmarkGPT-5 NanoMistral Small 3.2 24BLeader
AIME81.2%Not measuredOnly GPT-5 Nano measured
MATH 500 (Vals AI)93.8%Not measuredOnly GPT-5 Nano measured
MGSM (Vals AI)89.3%Not measuredOnly GPT-5 Nano measured
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
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index13 boards, none shared
Knowledge benchmarks for GPT-5 Nano and Mistral Small 3.2 24B
BenchmarkGPT-5 NanoMistral Small 3.2 24BLeader
MMLU Pro76.1%Not measuredOnly GPT-5 Nano measured
LegalBench (Vals AI)50.1%Not measuredOnly GPT-5 Nano measured
CaseLaw (Vals AI)52.6%Not measuredOnly GPT-5 Nano measured
TaxEval (Vals AI)67.4%Not measuredOnly GPT-5 Nano measured
MortgageTax (Vals AI)53.6%Not measuredOnly GPT-5 Nano measured
MedQA (Vals AI)93.3%Not measuredOnly GPT-5 Nano measured
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 5 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index50
Web design benchmarks for GPT-5 Nano and Mistral Small 3.2 24B
BenchmarkGPT-5 NanoMistral Small 3.2 24BLeader
Design Arena: websites1101896GPT-5 Nano
Design Arena: UI components1064904GPT-5 Nano
Design Arena: game dev1044889GPT-5 Nano
Design Arena: data viz1056929GPT-5 Nano
Design Arena: 3D965Not measuredOnly GPT-5 Nano measured
Design Arena: all code categories1084907GPT-5 Nano
Neither model has a result on the other 3 boards here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index28 boards, none shared
General benchmarks for GPT-5 Nano and Mistral Small 3.2 24B
BenchmarkGPT-5 NanoMistral Small 3.2 24BLeader
SAGE (Vals AI)30.4%Not measuredOnly GPT-5 Nano measured
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%Not measuredOnly GPT-5 Nano measured
LMCA7.9%Not measuredOnly GPT-5 Nano measured
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 Small 3.2 24B
BenchmarkGPT-5 NanoMistral Small 3.2 24BLeader
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 Small 3.2 24B$0.0003Fits in one request

Same cost

Repository review

50K input + 3K output tokens

GPT-5 Nano$0.0037Fits in one request
Mistral Small 3.2 24B$0.0059Fits in one request

GPT-5 Nano costs less

Agent loop

200K input + 10K output tokens

GPT-5 Nano$0.014Fits in one request
Mistral Small 3.2 24B$0.023Fits 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 Small 3.2 24B
SpecificationOpenAI GPT-5 NanoMistral Small 3.2 24B
MakerOpenAIMistral AI
WeightsNo public weights listedOpen weights
ReleasedAugust 7, 2025June 20, 2025
Context window400K256K
Input $/Mtok$0.05$0.10
Output $/Mtok$0.40$0.30
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it00
Cost per solved task$0.109Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is GPT-5 Nano better than Mistral Small 3.2 24B for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick GPT-5 Nano for a larger context window (400K against 256K tokens).

Which is cheaper, GPT-5 Nano or Mistral Small 3.2 24B?

GPT-5 Nano costs $0.05 per million input tokens and $0.40 per million output tokens; Mistral Small 3.2 24B costs $0.10 and $0.30. Cost per solved task is known for GPT-5 Nano only.

Which has the bigger context window, GPT-5 Nano or Mistral Small 3.2 24B?

GPT-5 Nano, with 400K tokens against 256K.

How many benchmarks is the GPT-5 Nano vs Mistral Small 3.2 24B comparison based on?

5 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 Small 3.2 24B's on 0. Where only one model has a result, the page says so instead of naming a winner.

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