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Mercury 2.5 vs Qwen3 Coder Flash

Updated October 21, 2026. No benchmark has tested both models yet. Coding is ranked on the Vibe Coding Index; every other board is shown as published.

Mercury 2.5Inception
Coding
1.6
Overall
12.3
Output $/M
$0.15
Qwen3 Coder FlashQwen
Coding
No data
Overall
No data
Output $/M
$0.975
vs $0.15 vs $0.975 per 1M output tokens. Mercury 2.5 is 6.5x cheaper.

Decision reading

Only Mercury 2.5 has a coding score, 1.6 on the Vibe Coding Index; Qwen3 Coder Flash has none, so the two cannot be ranked on coding.

Qwen3 Coder Flash has the edge where the context window is larger, 1M against 260K tokens.

No benchmark has tested both yet. Mercury 2.5 has results on Terminal-Bench 4 (Vals AI), Vibe Code Bench (Vals AI) and Code migration (Vals AI); Qwen3 Coder Flash has none yet. Compare them on price and context instead.

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
Mercury 2.5 1.6 from 2 benchmarks, Qwen3 Coder Flash not benchmarked.
Widest category
None yet: no category has been tested on both models.
Widest single gap
None yet: no benchmark has tested both models.
Output price
Mercury 2.5 $0.15 against Qwen3 Coder Flash $0.975 per million output tokens, 6.5x apart.
Context window
Mercury 2.5 takes 260K tokens, Qwen3 Coder Flash 1M.

Benchmark by benchmark

Every board either model has a result on, a category to a fold; bars are each result on a 0 to 100 scale. Only one model is measured on each, so no row names a leader.

CodingDirectional onlySix of these boards feed the Vibe Coding Index9 boards measured
Coding benchmarks for Mercury 2.5 and Qwen3 Coder Flash
BenchmarkMercury 2.5Qwen3 Coder FlashLeader
Terminal-Bench 4 (Vals AI)0.0%Not measuredOnly Mercury 2.5 measured
Vibe Code Bench (Vals AI)3.7%Not measuredOnly Mercury 2.5 measured
Code migration (Vals AI)4.5%Not measuredOnly Mercury 2.5 measured
IOI (Vals AI)2.4%Not measuredOnly Mercury 2.5 measured
Terminal-Bench 2.1 (Vals AI)34.5%Not measuredOnly Mercury 2.5 measured
SkillsBench (Vals AI)18.1%Not measuredOnly Mercury 2.5 measured
CyberBench (Vals AI)45.5%Not measuredOnly Mercury 2.5 measured
SciCode38.5%Not measuredOnly Mercury 2.5 measured
ALE-Bench301.6Not measuredOnly Mercury 2.5 measured
Neither model has a result on the other 29 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
Intelligence benchmarks for Mercury 2.5 and Qwen3 Coder Flash
BenchmarkMercury 2.5Qwen3 Coder FlashLeader
AA Intelligence Index12.3Not measuredOnly Mercury 2.5 measured
Neither model has a result on the other 1 board here
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index5 boards measured
Agentic work benchmarks for Mercury 2.5 and Qwen3 Coder Flash
BenchmarkMercury 2.5Qwen3 Coder FlashLeader
Finance Agent (Vals AI)18.9%Not measuredOnly Mercury 2.5 measured
Tax Agent Bench (Vals AI)2.5%Not measuredOnly Mercury 2.5 measured
Legal Research Bench (Vals AI)4.3%Not measuredOnly Mercury 2.5 measured
Excel Modeling Benchmark (Vals AI)8.8%Not measuredOnly Mercury 2.5 measured
Terminal-Bench-Science (Vals AI)0.0%Not measuredOnly Mercury 2.5 measured
Neither model has a result on the other 34 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
Reasoning benchmarks for Mercury 2.5 and Qwen3 Coder Flash
BenchmarkMercury 2.5Qwen3 Coder FlashLeader
Humanity's Last Exam (Artificial Analysis run)11.8%Not measuredOnly Mercury 2.5 measured
Neither model has a result on the other 20 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
Math benchmarks for Mercury 2.5 and Qwen3 Coder Flash
BenchmarkMercury 2.5Qwen3 Coder FlashLeader
ProofBench3.0%Not measuredOnly Mercury 2.5 measured
Neither model has a result on the other 12 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index2 boards measured
Knowledge benchmarks for Mercury 2.5 and Qwen3 Coder Flash
BenchmarkMercury 2.5Qwen3 Coder FlashLeader
LegalBench (Vals AI)83.1%Not measuredOnly Mercury 2.5 measured
MedCode (Vals AI)31.3%Not measuredOnly Mercury 2.5 measured
Neither model has a result on the other 15 boards here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index3 boards measured
General benchmarks for Mercury 2.5 and Qwen3 Coder Flash
BenchmarkMercury 2.5Qwen3 Coder FlashLeader
Public Benefits Bench (Vals AI)45.3%Not measuredOnly Mercury 2.5 measured
MedScribe (Vals AI)55.1%Not measuredOnly Mercury 2.5 measured
Long context reasoning (AA-LCR)71.7%Not measuredOnly Mercury 2.5 measured
Neither model has a result on the other 43 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

Mercury 2.5$0.0001Fits in one request
Qwen3 Coder Flash$0.0007Fits in one request

Mercury 2.5 costs less

Repository review

50K input + 3K output tokens

Mercury 2.5$0.0024Fits in one request
Qwen3 Coder Flash$0.013Fits in one request

Mercury 2.5 costs less

Agent loop

200K input + 10K output tokens

Mercury 2.5$0.0095Fits in one request
Qwen3 Coder Flash$0.049Fits in one request

Mercury 2.5 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 Mercury 2.5 and Qwen3 Coder Flash
SpecificationInception Mercury 2.5Qwen3 Coder Flash
MakerInceptionQwen
WeightsNo public weights listedNo public weights listed
ReleasedSeptember 8, 2026September 17, 2025
Context window260K1M
Input $/Mtok$0.04$0.195
Output $/Mtok$0.15$0.975
Coding index1.6Not benchmarked
Independent measurements behind it20
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Mercury 2.5 better than Qwen3 Coder Flash for coding?

Only Mercury 2.5 has a coding score, 1.6 on the Vibe Coding Index; Qwen3 Coder Flash has none, so the two cannot be ranked on coding. Qwen3 Coder Flash has the edge where the context window is larger, 1M against 260K tokens.

Which is cheaper, Mercury 2.5 or Qwen3 Coder Flash?

Mercury 2.5 costs $0.04 per million input tokens and $0.15 per million output tokens; Qwen3 Coder Flash costs $0.195 and $0.975. Cost per solved task is known for neither of them.

Which has the bigger context window, Mercury 2.5 or Qwen3 Coder Flash?

Qwen3 Coder Flash, with 1M tokens against 260K.

Has any benchmark tested both Mercury 2.5 and Qwen3 Coder Flash?

No benchmark has tested both yet. Mercury 2.5 has results on Terminal-Bench 4 (Vals AI), Vibe Code Bench (Vals AI) and Code migration (Vals AI); Qwen3 Coder Flash has none yet. Compare them on price and context instead. Data as of October 21, 2026.

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