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Mercury 3 vs Mistral Small 3.2 24B

Mercury 3 and Mistral Small 3.2 24B cost about the same per output token ($0.35 vs $0.30 per million). Updated October 21, 2026; 5 benchmarks have a result for both.

Replace Mercury 3 Replace Mistral Small 3.2 24B
Mercury 3Inception
Coding
No data
Overall
No data
Output $/M
$0.35
5
Mistral Small 3.2 24BMistral AI
Coding
No data
Overall
No data
Output $/M
$0.30
0
vs boards won of 5 shared

Mercury 3 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 Mercury 3 for a larger context window (1M against 256K tokens).

Model AMercury 3InceptionNot benchmarkedNo coding benchmarkNo cost per solved taskModel BMistral Small 3.2 24BMistral AINot benchmarkedNo coding benchmarkNo cost per solved task
Shared results
5
Mercury 3 only
0
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
Mercury 3 not benchmarked, Mistral Small 3.2 24B not benchmarked.
Widest category
Web design, 41.5 points apart on average over 5 shared benchmarks.
Widest single gap
Design Arena: UI components: Mercury 3 1270 against Mistral Small 3.2 24B 907, 45.4 points apart on a 0 to 100 scale.
Output price
Mercury 3 $0.35 against Mistral Small 3.2 24B $0.30 per million output tokens, 1.2x apart.
Context window
Mercury 3 takes 1M 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
CategoryMercury 3BarsMistral Small 3.2 24BTies
Web design50
All shared boards50
CodingNot comparableSix of these boards feed the Vibe Coding Index0 boards, none shared
Coding benchmarks for Mercury 3 and Mistral Small 3.2 24B
BenchmarkMercury 3Mistral Small 3.2 24BLeader
Neither model has a result on 39 boards here
IntelligenceNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Intelligence benchmarks for Mercury 3 and Mistral Small 3.2 24B
BenchmarkMercury 3Mistral Small 3.2 24BLeader
Neither model has a result on 2 boards here
Agentic workNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Agentic work benchmarks for Mercury 3 and Mistral Small 3.2 24B
BenchmarkMercury 3Mistral Small 3.2 24BLeader
Neither model has a result on 41 boards here
ReasoningNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Reasoning benchmarks for Mercury 3 and Mistral Small 3.2 24B
BenchmarkMercury 3Mistral Small 3.2 24BLeader
Neither model has a result on 22 boards here
MathNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Math benchmarks for Mercury 3 and Mistral Small 3.2 24B
BenchmarkMercury 3Mistral Small 3.2 24BLeader
Neither model has a result on 13 boards here
KnowledgeNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Knowledge benchmarks for Mercury 3 and Mistral Small 3.2 24B
BenchmarkMercury 3Mistral Small 3.2 24BLeader
Neither model has a result on 18 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index50
Web design benchmarks for Mercury 3 and Mistral Small 3.2 24B
BenchmarkMercury 3Mistral Small 3.2 24BLeader
Design Arena: websites1244896Mercury 3
Design Arena: UI components1270907Mercury 3
Design Arena: game dev1227888Mercury 3
Design Arena: data viz1207929Mercury 3
Design Arena: all code categories1240907Mercury 3
Neither model has a result on the other 4 boards here
GeneralNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
General benchmarks for Mercury 3 and Mistral Small 3.2 24B
BenchmarkMercury 3Mistral Small 3.2 24BLeader
Neither model has a result on 46 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for Mercury 3 and Mistral Small 3.2 24B
BenchmarkMercury 3Mistral 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

Mercury 3$0.0003Fits in one request
Mistral Small 3.2 24B$0.0003Fits in one request

Mistral Small 3.2 24B costs less

Repository review

50K input + 3K output tokens

Mercury 3$0.0060Fits in one request
Mistral Small 3.2 24B$0.0059Fits in one request

Mistral Small 3.2 24B costs less

Agent loop

200K input + 10K output tokens

Mercury 3$0.024Fits in one request
Mistral Small 3.2 24B$0.023Fits in one request

Mistral Small 3.2 24B 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 3 and Mistral Small 3.2 24B
SpecificationInception Mercury 3Mistral Small 3.2 24B
MakerInceptionMistral AI
WeightsNo public weights listedOpen weights
ReleasedOctober 16, 2026June 20, 2025
Context window1M256K
Input $/Mtok$0.10$0.10
Output $/Mtok$0.35$0.30
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it00
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Mercury 3 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 Mercury 3 for a larger context window (1M against 256K tokens).

Which is cheaper, Mercury 3 or Mistral Small 3.2 24B?

Mercury 3 costs $0.10 per million input tokens and $0.35 per million output tokens; Mistral Small 3.2 24B costs $0.10 and $0.30. Cost per solved task is known for neither of them.

Which has the bigger context window, Mercury 3 or Mistral Small 3.2 24B?

Mercury 3, with 1M tokens against 256K.

How many benchmarks is the Mercury 3 vs Mistral Small 3.2 24B comparison based on?

5 benchmarks have a result for both models as of October 21, 2026. Mercury 3'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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