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MiniMax M2.7 vs Mistral Small 3.2 24B

Mistral Small 3.2 24B costs 4.0x less per output token than MiniMax M2.7 ($0.30 vs $1.20 per million). Updated October 22, 2026; 5 benchmarks have a result for both.

MiniMax M2.7MiniMax
Coding
36.2
Overall
44.5
Output $/M
$1.20
5
Mistral Small 3.2 24BMistral AI
Coding
No data
Overall
No data
Output $/M
$0.30
0
vs boards won of 5 shared

MiniMax M2.7 or Mistral Small 3.2 24B: which to pick

Only MiniMax M2.7 has a coding score, 36.2 on the Vibe Coding Index; Mistral Small 3.2 24B has none, so the two cannot be ranked on coding.

Pick Mistral Small 3.2 24B for output tokens 4.0x cheaper ($0.30 vs $1.20 per million) and a larger context window (256K against 205K tokens).

Shared results
5
MiniMax M2.7 only
69
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
MiniMax M2.7 36.2 from 3 benchmarks, Mistral Small 3.2 24B not benchmarked.
Widest category
Web design, 40.0 points apart on average over 5 shared benchmarks.
Widest single gap
Design Arena: websites: MiniMax M2.7 1243 against Mistral Small 3.2 24B 896, 43.4 points apart on a 0 to 100 scale.
Output price
MiniMax M2.7 $1.20 against Mistral Small 3.2 24B $0.30 per million output tokens, 4.0x apart.
Context window
MiniMax M2.7 takes 205K 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
CategoryMiniMax M2.7BarsMistral Small 3.2 24BTies
Web design50
All shared boards50
CodingDirectional onlySix of these boards feed the Vibe Coding Index17 boards, none shared
Coding benchmarks for MiniMax M2.7 and Mistral Small 3.2 24B
BenchmarkMiniMax M2.7Mistral Small 3.2 24BLeader
LMArena WebDev1399Not measuredOnly MiniMax M2.7 measured
AA Coding Index52.6Not measuredOnly MiniMax M2.7 measured
LiveCodeBench (Vals AI)79.9%Not measuredOnly MiniMax M2.7 measured
SWE-bench Verified (Vals AI)73.8%Not measuredOnly MiniMax M2.7 measured
Vibe Code Bench (Vals AI)11.9%Not measuredOnly MiniMax M2.7 measured
Code migration (Vals AI)8.7%Not measuredOnly MiniMax M2.7 measured
ProgramBench (Vals AI)0.0%Not measuredOnly MiniMax M2.7 measured
Terminal-Bench 2.1 (Vals AI)48.7%Not measuredOnly MiniMax M2.7 measured
SciCode50.1%Not measuredOnly MiniMax M2.7 measured
Terminal-Bench Hard (Artificial Analysis run)39.4%Not measuredOnly MiniMax M2.7 measured
Terminal-Bench45.1%Not measuredOnly MiniMax M2.7 measured
WeirdML37.0%Not measuredOnly MiniMax M2.7 measured
ALE-Bench599.3Not measuredOnly MiniMax M2.7 measured
LMArena Text: coding1454Not measuredOnly MiniMax M2.7 measured
LMArena Text: software and IT1446Not measuredOnly MiniMax M2.7 measured
LMArena WebDev: React1388Not measuredOnly MiniMax M2.7 measured
LMArena WebDev: HTML1401Not measuredOnly MiniMax M2.7 measured
Neither model has a result on the other 22 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
Intelligence benchmarks for MiniMax M2.7 and Mistral Small 3.2 24B
BenchmarkMiniMax M2.7Mistral Small 3.2 24BLeader
AA Intelligence Index22.8Not measuredOnly MiniMax M2.7 measured
Epoch Capabilities Index145.8Not measuredOnly MiniMax M2.7 measured
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index6 boards, none shared
Agentic work benchmarks for MiniMax M2.7 and Mistral Small 3.2 24B
BenchmarkMiniMax M2.7Mistral Small 3.2 24BLeader
AA Agentic Index15.3Not measuredOnly MiniMax M2.7 measured
Finance Agent (Vals AI)27.9%Not measuredOnly MiniMax M2.7 measured
Tax Agent Bench (Vals AI)6.9%Not measuredOnly MiniMax M2.7 measured
Legal Research Bench (Vals AI)10.6%Not measuredOnly MiniMax M2.7 measured
Excel Modeling Benchmark (Vals AI)28.4%Not measuredOnly MiniMax M2.7 measured
τ²-Bench Telecom84.8%Not measuredOnly MiniMax M2.7 measured
Neither model has a result on the other 35 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index6 boards, none shared
Reasoning benchmarks for MiniMax M2.7 and Mistral Small 3.2 24B
BenchmarkMiniMax M2.7Mistral Small 3.2 24BLeader
GPQA Diamond86.6%Not measuredOnly MiniMax M2.7 measured
GPQA Diamond (Artificial Analysis run)87.4%Not measuredOnly MiniMax M2.7 measured
Humanity's Last Exam (Artificial Analysis run)29.6%Not measuredOnly MiniMax M2.7 measured
LMArena Text: hard prompts1422Not measuredOnly MiniMax M2.7 measured
LMArena Text: expert1443Not measuredOnly MiniMax M2.7 measured
LMArena Text: hard prompts in English1441Not measuredOnly MiniMax M2.7 measured
Neither model has a result on the other 16 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index4 boards, none shared
Math benchmarks for MiniMax M2.7 and Mistral Small 3.2 24B
BenchmarkMiniMax M2.7Mistral Small 3.2 24BLeader
AIME91.0%Not measuredOnly MiniMax M2.7 measured
ProofBench3.0%Not measuredOnly MiniMax M2.7 measured
LMArena Text: math1421Not measuredOnly MiniMax M2.7 measured
LMArena Text: mathematical work1437Not measuredOnly MiniMax M2.7 measured
Neither model has a result on the other 9 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index10 boards, none shared
Knowledge benchmarks for MiniMax M2.7 and Mistral Small 3.2 24B
BenchmarkMiniMax M2.7Mistral Small 3.2 24BLeader
MMLU Pro80.4%Not measuredOnly MiniMax M2.7 measured
LegalBench (Vals AI)84.0%Not measuredOnly MiniMax M2.7 measured
CaseLaw (Vals AI)60.9%Not measuredOnly MiniMax M2.7 measured
CorpFin (Vals AI)61.2%Not measuredOnly MiniMax M2.7 measured
TaxEval (Vals AI)66.6%Not measuredOnly MiniMax M2.7 measured
MedCode (Vals AI)34.4%Not measuredOnly MiniMax M2.7 measured
LMArena Text: science1416Not measuredOnly MiniMax M2.7 measured
LMArena Text: medicine and healthcare1409Not measuredOnly MiniMax M2.7 measured
LMArena Text: legal and government1403Not measuredOnly MiniMax M2.7 measured
LMArena Text: business and finance1407Not measuredOnly MiniMax M2.7 measured
Neither model has a result on the other 8 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index50
Web design benchmarks for MiniMax M2.7 and Mistral Small 3.2 24B
BenchmarkMiniMax M2.7Mistral Small 3.2 24BLeader
Design Arena: websites1243896MiniMax M2.7
Design Arena: UI components1210907MiniMax M2.7
Design Arena: game dev1209889MiniMax M2.7
Design Arena: data viz1233929MiniMax M2.7
Design Arena: 3D1195Not measuredOnly MiniMax M2.7 measured
Design Arena: all code categories1233907MiniMax M2.7
Design Arena: SVG1137Not measuredOnly MiniMax M2.7 measured
Design Arena: ASCII art1136Not measuredOnly MiniMax M2.7 measured
Neither model has a result on the other 1 board here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index21 boards, none shared
General benchmarks for MiniMax M2.7 and Mistral Small 3.2 24B
BenchmarkMiniMax M2.7Mistral Small 3.2 24BLeader
MedScribe (Vals AI)79.9%Not measuredOnly MiniMax M2.7 measured
IFBench75.7%Not measuredOnly MiniMax M2.7 measured
Long context reasoning (AA-LCR)78.3%Not measuredOnly MiniMax M2.7 measured
ExploitBench13.3%Not measuredOnly MiniMax M2.7 measured
LMArena Text1405Not measuredOnly MiniMax M2.7 measured
LMArena Text: instruction following1405Not measuredOnly MiniMax M2.7 measured
LMArena Text: creative writing1354Not measuredOnly MiniMax M2.7 measured
LMArena Text: English1426Not measuredOnly MiniMax M2.7 measured
LMArena Text: non-English1382Not measuredOnly MiniMax M2.7 measured
LMArena Text: Chinese1442Not measuredOnly MiniMax M2.7 measured
LMArena Text: German1398Not measuredOnly MiniMax M2.7 measured
LMArena Text: Japanese1260Not measuredOnly MiniMax M2.7 measured
LMArena Text: Korean1314Not measuredOnly MiniMax M2.7 measured
LMArena Text: French1424Not measuredOnly MiniMax M2.7 measured
LMArena Text: Spanish1402Not measuredOnly MiniMax M2.7 measured
LMArena Text: Russian1383Not measuredOnly MiniMax M2.7 measured
LMArena Text: Polish1387Not measuredOnly MiniMax M2.7 measured
LMArena Text: multi-turn1412Not measuredOnly MiniMax M2.7 measured
LMArena Text: longer queries1418Not measuredOnly MiniMax M2.7 measured
LMArena Text: writing and language1376Not measuredOnly MiniMax M2.7 measured
LMArena Text: entertainment and media1360Not measuredOnly MiniMax M2.7 measured
Neither model has a result on the other 25 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for MiniMax M2.7 and Mistral Small 3.2 24B
BenchmarkMiniMax M2.7Mistral 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

MiniMax M2.7$0.0009Fits 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

MiniMax M2.7$0.019Fits 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

MiniMax M2.7$0.072Exceeds the context window
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 MiniMax M2.7 and Mistral Small 3.2 24B
SpecificationMiniMax M2.7Mistral Small 3.2 24B
MakerMiniMaxMistral AI
WeightsOpen weightsOpen weights
ReleasedMarch 18, 2026June 20, 2025
Context window205K256K
Input $/Mtok$0.30$0.10
Output $/Mtok$1.20$0.30
Coding index36.2Not benchmarked
Independent measurements behind it30
Cost per solved task$0.64Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M2.7 better than Mistral Small 3.2 24B for coding?

Only MiniMax M2.7 has a coding score, 36.2 on the Vibe Coding Index; Mistral Small 3.2 24B has none, so the two cannot be ranked on coding. Pick Mistral Small 3.2 24B for output tokens 4.0x cheaper ($0.30 vs $1.20 per million) and a larger context window (256K against 205K tokens).

Which is cheaper, MiniMax M2.7 or Mistral Small 3.2 24B?

MiniMax M2.7 costs $0.30 per million input tokens and $1.20 per million output tokens; Mistral Small 3.2 24B costs $0.10 and $0.30. Cost per solved task is known for MiniMax M2.7 only.

Which has the bigger context window, MiniMax M2.7 or Mistral Small 3.2 24B?

Mistral Small 3.2 24B, with 256K tokens against 205K.

How many benchmarks is the MiniMax M2.7 vs Mistral Small 3.2 24B comparison based on?

5 benchmarks have a result for both models as of October 22, 2026. MiniMax M2.7's coding index rests on 3 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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