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MiniMax M3 vs Mistral Medium 3.1

MiniMax M3 leads Mistral Medium 3.1 on the Artificial Analysis Intelligence Index, 29.2 to 9.2, and MiniMax M3 costs 1.7x less per output token ($1.20 vs $2.00 per million). Updated October 22, 2026; 65 benchmarks have a result for both.

Replace MiniMax M3 Replace Mistral Medium 3.1
MiniMax M3MiniMax
Coding
39.2
Overall
51.7
Output $/M
$1.20
59
Mistral Medium 3.1Mistral AI
Coding
No data
Overall
No data
Output $/M
$2.00
6
vs boards won of 65 shared

MiniMax M3 or Mistral Medium 3.1: which to pick

Only MiniMax M3 has a coding score, 39.2 on the Vibe Coding Index; Mistral Medium 3.1 has none, so the two cannot be ranked on coding.

Pick Mistral Medium 3.1 for work measured by LMArena Text: medicine and healthcare or LMArena Text: legal and government, where it leads.

Model AMiniMax M3MiniMax39.2/1006 independent benchmarks$0.56 per solved taskModel BMistral Medium 3.1Mistral AINot benchmarkedNo coding benchmarkNo cost per solved task
Shared results
65
MiniMax M3 only
51
Mistral Medium 3.1 only
9
Like-for-like categories
8 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 M3 39.2 from 6 benchmarks, Mistral Medium 3.1 not benchmarked.
Widest category
Agentic work, 37.9 points apart on average over 2 shared benchmarks.
Widest single gap
τ²-Bench Telecom: MiniMax M3 88.9% against Mistral Medium 3.1 40.6%, 48.2 points apart on a 0 to 100 scale.
Output price
MiniMax M3 $1.20 against Mistral Medium 3.1 $2.00 per million output tokens, 1.7x apart.
Context window
MiniMax M3 takes 1.05M tokens, Mistral Medium 3.1 131K.

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 M3BarsMistral Medium 3.1Ties
Coding70
Intelligence10
Agentic work20
Reasoning80
Math20
Knowledge72
Web design80
General244
All shared boards596
CodingLike-for-likeSix of these boards feed the Vibe Coding Index70
Coding benchmarks for MiniMax M3 and Mistral Medium 3.1
BenchmarkMiniMax M3Mistral Medium 3.1Leader
LiveBench coding70.9%Not measuredOnly MiniMax M3 measured
LMArena WebDev1482Not measuredOnly MiniMax M3 measured
AA Coding Index58.620.5MiniMax M3
LiveCodeBench (Vals AI)82.2%44.8%MiniMax M3
SWE-bench Verified (Vals AI)75.0%Not measuredOnly MiniMax M3 measured
Terminal-Bench 4 (Vals AI)1.0%Not measuredOnly MiniMax M3 measured
Vibe Code Bench (Vals AI)47.6%Not measuredOnly MiniMax M3 measured
Code migration (Vals AI)19.9%Not measuredOnly MiniMax M3 measured
Terminal-Bench 2.1 (Vals AI)53.6%Not measuredOnly MiniMax M3 measured
SWE-bench Multimodal (Vals AI)33.3%Not measuredOnly MiniMax M3 measured
Vibe Code Bench 1-100 (Vals AI)9.2%Not measuredOnly MiniMax M3 measured
SkillsBench (Vals AI)51.5%Not measuredOnly MiniMax M3 measured
CyberBench (Vals AI)65.0%Not measuredOnly MiniMax M3 measured
LiveCodeBench (Artificial Analysis run)Not measured40.6%Only Mistral Medium 3.1 measured
SciCode47.1%32.4%MiniMax M3
Terminal-Bench Hard (Artificial Analysis run)42.4%10.6%MiniMax M3
FrontierCode14.7%Not measuredOnly MiniMax M3 measured
ALE-Bench640.0210.2MiniMax M3
LMArena Text: coding14701433MiniMax M3
LMArena Text: software and IT14661436MiniMax M3
LMArena WebDev: React1478Not measuredOnly MiniMax M3 measured
LMArena WebDev: HTML1455Not measuredOnly MiniMax M3 measured
LMArena WebDev: from an image1470Not measuredOnly MiniMax M3 measured
Neither model has a result on the other 16 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index10
Intelligence benchmarks for MiniMax M3 and Mistral Medium 3.1
BenchmarkMiniMax M3Mistral Medium 3.1Leader
AA Intelligence Index29.29.2MiniMax M3
Epoch Capabilities Index146.9Not measuredOnly MiniMax M3 measured
Agentic workLike-for-likePublic boards, shown as published, kept out of the index20
Agentic work benchmarks for MiniMax M3 and Mistral Medium 3.1
BenchmarkMiniMax M3Mistral Medium 3.1Leader
AA Agentic Index29.51.9MiniMax M3
Design Arena: agents building web apps1200Not measuredOnly MiniMax M3 measured
Design Arena: agents building full-stack apps1197Not measuredOnly MiniMax M3 measured
Design Arena: agents building mobile apps1169Not measuredOnly MiniMax M3 measured
Design Arena: agents building Android apps1159Not measuredOnly MiniMax M3 measured
Design Arena: agents building games1158Not measuredOnly MiniMax M3 measured
Design Arena: HTML slides1130Not measuredOnly MiniMax M3 measured
Design Arena: PowerPoint slides1181Not measuredOnly MiniMax M3 measured
Design Arena: spreadsheets1028Not measuredOnly MiniMax M3 measured
LiveBench research68.0%Not measuredOnly MiniMax M3 measured
LiveBench browser8.0%Not measuredOnly MiniMax M3 measured
LiveBench long agentic12.4%Not measuredOnly MiniMax M3 measured
Finance Agent (Vals AI)48.3%Not measuredOnly MiniMax M3 measured
Tax Agent Bench (Vals AI)20.6%Not measuredOnly MiniMax M3 measured
Legal Research Bench (Vals AI)29.8%Not measuredOnly MiniMax M3 measured
Excel Modeling Benchmark (Vals AI)47.8%Not measuredOnly MiniMax M3 measured
τ²-Bench Telecom88.9%40.6%MiniMax M3
APEX-Agents37.7%Not measuredOnly MiniMax M3 measured
OSWorld 2.04.6%Not measuredOnly MiniMax M3 measured
Vending-Bench 2$2,158Not measuredOnly MiniMax M3 measured
Neither model has a result on the other 21 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index80
Reasoning benchmarks for MiniMax M3 and Mistral Medium 3.1
BenchmarkMiniMax M3Mistral Medium 3.1Leader
GPQA Diamond92.7%Not measuredOnly MiniMax M3 measured
LiveBench reasoning74.5%Not measuredOnly MiniMax M3 measured
MMMU Pro (Vals AI)81.2%63.0%MiniMax M3
GPQA Diamond (Artificial Analysis run)92.9%58.8%MiniMax M3
Humanity's Last Exam (Artificial Analysis run)39.0%4.7%MiniMax M3
GPQA Diamond (Epoch AI run)90.9%Not measuredOnly MiniMax M3 measured
SimpleBench45.8%Not measuredOnly MiniMax M3 measured
Chess puzzles13.0%Not measuredOnly MiniMax M3 measured
Mystery game puzzles8.0%Not measuredOnly MiniMax M3 measured
LMArena Text: hard prompts14471426MiniMax M3
LMArena Text: expert14611408MiniMax M3
LMArena Text: hard prompts in English14551435MiniMax M3
LMArena Vision: diagrams12661175MiniMax M3
LMArena Vision: homework12681165MiniMax M3
Neither model has a result on the other 8 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index20
Math benchmarks for MiniMax M3 and Mistral Medium 3.1
BenchmarkMiniMax M3Mistral Medium 3.1Leader
AIMENot measured42.3%Only Mistral Medium 3.1 measured
MATH 500 (Vals AI)Not measured87.0%Only Mistral Medium 3.1 measured
MGSM (Vals AI)Not measured90.9%Only Mistral Medium 3.1 measured
AA Math IndexNot measured38.3Only Mistral Medium 3.1 measured
AIME 2025 (Artificial Analysis run)Not measured38.3%Only Mistral Medium 3.1 measured
OTIS Mock AIME71.1%Not measuredOnly MiniMax M3 measured
ProofBench18.0%Not measuredOnly MiniMax M3 measured
LMArena Text: math14291408MiniMax M3
LMArena Text: mathematical work14481412MiniMax M3
Neither model has a result on the other 4 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index72
Knowledge benchmarks for MiniMax M3 and Mistral Medium 3.1
BenchmarkMiniMax M3Mistral Medium 3.1Leader
MMLU Pro84.2%75.3%MiniMax M3
LegalBench (Vals AI)85.4%62.0%MiniMax M3
CorpFin (Vals AI)68.1%50.7%MiniMax M3
TaxEval (Vals AI)72.7%70.3%MiniMax M3
MortgageTax (Vals AI)68.4%36.5%MiniMax M3
MedQA (Vals AI)Not measured78.2%Only Mistral Medium 3.1 measured
MedCode (Vals AI)46.3%Not measuredOnly MiniMax M3 measured
MMLU Pro (Artificial Analysis run)Not measured68.3%Only Mistral Medium 3.1 measured
LMArena Text: science14521444MiniMax M3
LMArena Text: medicine and healthcare14411449Mistral Medium 3.1
LMArena Text: legal and government14371439Mistral Medium 3.1
LMArena Text: business and finance14341418MiniMax M3
Neither model has a result on the other 6 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index80
Web design benchmarks for MiniMax M3 and Mistral Medium 3.1
BenchmarkMiniMax M3Mistral Medium 3.1Leader
Design Arena: websites12571132MiniMax M3
Design Arena: UI components12421097MiniMax M3
Design Arena: game dev12101073MiniMax M3
Design Arena: data viz12361144MiniMax M3
Design Arena: 3D12081081MiniMax M3
Design Arena: all code categories12471120MiniMax M3
Design Arena: SVG1161992MiniMax M3
Design Arena: ASCII art1161997MiniMax M3
LiveBench design66.2%Not measuredOnly MiniMax M3 measured
GeneralLike-for-likePublic boards, shown as published, kept out of the index244
General benchmarks for MiniMax M3 and Mistral Medium 3.1
BenchmarkMiniMax M3Mistral Medium 3.1Leader
LiveBench data analysis76.2%Not measuredOnly MiniMax M3 measured
Public Benefits Bench (Vals AI)64.1%Not measuredOnly MiniMax M3 measured
SAGE (Vals AI)50.6%Not measuredOnly MiniMax M3 measured
MedScribe (Vals AI)87.3%Not measuredOnly MiniMax M3 measured
Vals Multimodal Index60.0%Not measuredOnly MiniMax M3 measured
IFBench82.9%39.8%MiniMax M3
Long context reasoning (AA-LCR)83.0%42.7%MiniMax M3
DTBench78.9%67.5%MiniMax M3
LMCA33.7%19.1%MiniMax M3
Surface Evolver Bench55.0%Not measuredOnly MiniMax M3 measured
LMArena Text14331424MiniMax M3
LMArena Text: instruction following14331398MiniMax M3
LMArena Text: creative writing14041391MiniMax M3
LMArena Vision12511172MiniMax M3
LMArena Text: English14431438MiniMax M3
LMArena Text: non-English14201408MiniMax M3
LMArena Text: Chinese14661447MiniMax M3
LMArena Text: German14281432Mistral Medium 3.1
LMArena Text: Japanese13801379MiniMax M3
LMArena Text: Korean13731380Mistral Medium 3.1
LMArena Text: French14441460Mistral Medium 3.1
LMArena Text: Spanish14331433MiniMax M3
LMArena Text: Russian14261411MiniMax M3
LMArena Text: Polish14231430Mistral Medium 3.1
LMArena Text: multi-turn14431418MiniMax M3
LMArena Text: longer queries14461406MiniMax M3
LMArena Text: writing and language14191395MiniMax M3
LMArena Text: entertainment and media14031390MiniMax M3
LMArena Vision: English12631179MiniMax M3
LMArena Vision: Chinese13111190MiniMax M3
LMArena Vision: reading text12591175MiniMax M3
LMArena Vision: humor12351168MiniMax M3
LMArena Vision: captioningNot measured1145Only Mistral Medium 3.1 measured
LMArena Vision: recognizing things11971147MiniMax M3
LMArena Vision: creative writing12341200MiniMax M3
LMArena Document1435Not measuredOnly MiniMax M3 measured
Neither model has a result on the other 10 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for MiniMax M3 and Mistral Medium 3.1
BenchmarkMiniMax M3Mistral Medium 3.1Leader
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 M3$0.0009Fits in one request
Mistral Medium 3.1$0.0014Fits in one request

MiniMax M3 costs less

Repository review

50K input + 3K output tokens

MiniMax M3$0.019Fits in one request
Mistral Medium 3.1$0.026Fits in one request

MiniMax M3 costs less

Agent loop

200K input + 10K output tokens

MiniMax M3$0.072Fits in one request
Mistral Medium 3.1$0.100Exceeds the context window

MiniMax M3 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 M3 and Mistral Medium 3.1
SpecificationMiniMax M3Mistral Medium 3.1
MakerMiniMaxMistral AI
WeightsOpen weightsNo public weights listed
ReleasedMay 31, 2026August 13, 2025
Context window1.05M131K
Input $/Mtok$0.30$0.40
Output $/Mtok$1.20$2.00
Coding index39.2Not benchmarked
Independent measurements behind it60
Cost per solved task$0.56Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M3 better than Mistral Medium 3.1 for coding?

Only MiniMax M3 has a coding score, 39.2 on the Vibe Coding Index; Mistral Medium 3.1 has none, so the two cannot be ranked on coding. Pick Mistral Medium 3.1 for work measured by LMArena Text: medicine and healthcare or LMArena Text: legal and government, where it leads.

Which is cheaper, MiniMax M3 or Mistral Medium 3.1?

MiniMax M3 costs $0.30 per million input tokens and $1.20 per million output tokens; Mistral Medium 3.1 costs $0.40 and $2.00. Cost per solved task is known for MiniMax M3 only.

Which has the bigger context window, MiniMax M3 or Mistral Medium 3.1?

MiniMax M3, with 1.05M tokens against 131K.

How many benchmarks is the MiniMax M3 vs Mistral Medium 3.1 comparison based on?

65 benchmarks have a result for both models as of October 22, 2026. MiniMax M3's coding index rests on 6 independent benchmarks and Mistral Medium 3.1's on 0. Where only one model has a result, the page says so instead of naming a winner.

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