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MiniMax M3 vs Mistral Small 3.1 24B

Mistral Small 3.1 24B costs 2.2x less per output token than MiniMax M3 ($0.555 vs $1.20 per million). Updated October 22, 2026; 37 benchmarks have a result for both.

MiniMax M3MiniMax
Coding
39.2
Overall
51.7
Output $/M
$1.20
37
Mistral Small 3.1 24BMistral AI
Coding
No data
Overall
No data
Output $/M
$0.555
0
vs boards won of 37 shared

MiniMax M3 or Mistral Small 3.1 24B: which to pick

Only MiniMax M3 has a coding score, 39.2 on the Vibe Coding Index; Mistral Small 3.1 24B has none, so the two cannot be ranked on coding.

Pick Mistral Small 3.1 24B for output tokens 2.2x cheaper ($0.555 vs $1.20 per million).

Shared results
37
MiniMax M3 only
80
Mistral Small 3.1 24B only
1
Like-for-like categories
5 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 Small 3.1 24B not benchmarked.
Widest category
Knowledge, 29.3 points apart on average over 4 shared benchmarks.
Widest single gap
LMArena Text: Chinese: MiniMax M3 1466 against Mistral Small 3.1 24B 1253, 35.5 points apart on a 0 to 100 scale.
Output price
MiniMax M3 $1.20 against Mistral Small 3.1 24B $0.555 per million output tokens, 2.2x apart.
Context window
MiniMax M3 takes 1.05M tokens, Mistral Small 3.1 24B 128K.

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 Small 3.1 24BTies
Coding20
Reasoning50
Math20
Knowledge40
General240
All shared boards370
CodingLike-for-likeSix of these boards feed the Vibe Coding Index20
Coding benchmarks for MiniMax M3 and Mistral Small 3.1 24B
BenchmarkMiniMax M3Mistral Small 3.1 24BLeader
LiveBench coding70.9%Not measuredOnly MiniMax M3 measured
LMArena WebDev1482Not measuredOnly MiniMax M3 measured
AA Coding Index58.6Not measuredOnly MiniMax M3 measured
LiveCodeBench (Vals AI)82.2%Not measuredOnly MiniMax M3 measured
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
SciCode47.1%Not measuredOnly MiniMax M3 measured
Terminal-Bench Hard (Artificial Analysis run)42.4%Not measuredOnly MiniMax M3 measured
FrontierCode14.7%Not measuredOnly MiniMax M3 measured
ALE-Bench640.0Not measuredOnly MiniMax M3 measured
LMArena Text: coding14701309MiniMax M3
LMArena Text: software and IT14661301MiniMax 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 21 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
Intelligence benchmarks for MiniMax M3 and Mistral Small 3.1 24B
BenchmarkMiniMax M3Mistral Small 3.1 24BLeader
AA Intelligence Index29.2Not measuredOnly MiniMax M3 measured
Epoch Capabilities Index146.9Not measuredOnly MiniMax M3 measured
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index20 boards, none shared
Agentic work benchmarks for MiniMax M3 and Mistral Small 3.1 24B
BenchmarkMiniMax M3Mistral Small 3.1 24BLeader
AA Agentic Index29.5Not measuredOnly MiniMax M3 measured
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 apps1158Not measuredOnly MiniMax M3 measured
Design Arena: agents building games1159Not measuredOnly MiniMax M3 measured
Design Arena: HTML slides1120Not measuredOnly MiniMax M3 measured
Design Arena: PowerPoint slides1178Not measuredOnly MiniMax M3 measured
Design Arena: spreadsheets1042Not 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%Not measuredOnly MiniMax M3 measured
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 22 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index50
Reasoning benchmarks for MiniMax M3 and Mistral Small 3.1 24B
BenchmarkMiniMax M3Mistral Small 3.1 24BLeader
GPQA Diamond92.7%Not measuredOnly MiniMax M3 measured
LiveBench reasoning74.5%Not measuredOnly MiniMax M3 measured
MMMU Pro (Vals AI)81.2%Not measuredOnly MiniMax M3 measured
GPQA Diamond (Artificial Analysis run)92.9%Not measuredOnly MiniMax M3 measured
Humanity's Last Exam (Artificial Analysis run)39.0%Not measuredOnly MiniMax M3 measured
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 prompts14471278MiniMax M3
LMArena Text: expert14611257MiniMax M3
LMArena Text: hard prompts in English14551290MiniMax M3
LMArena Vision: diagrams12661119MiniMax M3
LMArena Vision: homework12681158MiniMax M3
Neither model has a result on the other 9 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index20
Math benchmarks for MiniMax M3 and Mistral Small 3.1 24B
BenchmarkMiniMax M3Mistral Small 3.1 24BLeader
OTIS Mock AIME71.1%Not measuredOnly MiniMax M3 measured
ProofBench18.0%Not measuredOnly MiniMax M3 measured
LMArena Text: math14291261MiniMax M3
LMArena Text: mathematical work14481271MiniMax M3
Neither model has a result on the other 10 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index40
Knowledge benchmarks for MiniMax M3 and Mistral Small 3.1 24B
BenchmarkMiniMax M3Mistral Small 3.1 24BLeader
MMLU Pro84.2%Not measuredOnly MiniMax M3 measured
LegalBench (Vals AI)85.4%Not measuredOnly MiniMax M3 measured
CorpFin (Vals AI)68.1%Not measuredOnly MiniMax M3 measured
TaxEval (Vals AI)72.7%Not measuredOnly MiniMax M3 measured
MortgageTax (Vals AI)68.4%Not measuredOnly MiniMax M3 measured
MedCode (Vals AI)46.3%Not measuredOnly MiniMax M3 measured
LMArena Text: science14521265MiniMax M3
LMArena Text: medicine and healthcare14411267MiniMax M3
LMArena Text: legal and government14371271MiniMax M3
LMArena Text: business and finance14341257MiniMax M3
Neither model has a result on the other 10 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index9 boards, none shared
Web design benchmarks for MiniMax M3 and Mistral Small 3.1 24B
BenchmarkMiniMax M3Mistral Small 3.1 24BLeader
Design Arena: websites1257Not measuredOnly MiniMax M3 measured
Design Arena: UI components1243Not measuredOnly MiniMax M3 measured
Design Arena: game dev1210Not measuredOnly MiniMax M3 measured
Design Arena: data viz1236Not measuredOnly MiniMax M3 measured
Design Arena: 3D1208Not measuredOnly MiniMax M3 measured
Design Arena: all code categories1246Not measuredOnly MiniMax M3 measured
Design Arena: SVG1160Not measuredOnly MiniMax M3 measured
Design Arena: ASCII art1161Not measuredOnly MiniMax M3 measured
LiveBench design66.2%Not measuredOnly MiniMax M3 measured
GeneralLike-for-likePublic boards, shown as published, kept out of the index240
General benchmarks for MiniMax M3 and Mistral Small 3.1 24B
BenchmarkMiniMax M3Mistral Small 3.1 24BLeader
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%Not measuredOnly MiniMax M3 measured
Long context reasoning (AA-LCR)83.0%Not measuredOnly MiniMax M3 measured
DTBench78.9%Not measuredOnly MiniMax M3 measured
LMCA33.7%Not measuredOnly MiniMax M3 measured
Surface Evolver Bench55.0%Not measuredOnly MiniMax M3 measured
LMArena Text14331277MiniMax M3
LMArena Text: instruction following14331263MiniMax M3
LMArena Text: creative writing14041252MiniMax M3
LMArena Vision12511136MiniMax M3
LMArena Text: English14431295MiniMax M3
LMArena Text: non-English14201255MiniMax M3
LMArena Text: Chinese14661253MiniMax M3
LMArena Text: German14281266MiniMax M3
LMArena Text: Japanese13801208MiniMax M3
LMArena Text: Korean13731207MiniMax M3
LMArena Text: French14441273MiniMax M3
LMArena Text: Spanish14331284MiniMax M3
LMArena Text: Russian14261263MiniMax M3
LMArena Text: Polish14231242MiniMax M3
LMArena Text: multi-turn14431270MiniMax M3
LMArena Text: longer queries14461299MiniMax M3
LMArena Text: writing and language14191268MiniMax M3
LMArena Text: entertainment and media14031250MiniMax M3
LMArena Vision: English12631157MiniMax M3
LMArena Vision: Chinese13111155MiniMax M3
LMArena Vision: reading text12591132MiniMax M3
LMArena Vision: humor12351142MiniMax M3
LMArena Vision: captioningNot measured1153Only Mistral Small 3.1 24B measured
LMArena Vision: recognizing things11971155MiniMax M3
LMArena Vision: creative writing12341123MiniMax M3
LMArena Document1435Not measuredOnly MiniMax M3 measured
EQ-Bench 41150Not measuredOnly MiniMax M3 measured
Neither model has a result on the other 11 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 Small 3.1 24B
BenchmarkMiniMax M3Mistral Small 3.1 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 M3$0.0009Fits in one request
Mistral Small 3.1 24B$0.0006Fits in one request

Mistral Small 3.1 24B costs less

Repository review

50K input + 3K output tokens

MiniMax M3$0.019Fits in one request
Mistral Small 3.1 24B$0.019Fits in one request

MiniMax M3 costs less

Agent loop

200K input + 10K output tokens

MiniMax M3$0.072Fits in one request
Mistral Small 3.1 24B$0.076Exceeds 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 Small 3.1 24B
SpecificationMiniMax M3Mistral Small 3.1 24B
MakerMiniMaxMistral AI
WeightsOpen weightsOpen weights
ReleasedMay 31, 2026March 17, 2025
Context window1.05M128K
Input $/Mtok$0.30$0.351
Output $/Mtok$1.20$0.555
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 Small 3.1 24B for coding?

Only MiniMax M3 has a coding score, 39.2 on the Vibe Coding Index; Mistral Small 3.1 24B has none, so the two cannot be ranked on coding. Pick Mistral Small 3.1 24B for output tokens 2.2x cheaper ($0.555 vs $1.20 per million).

Which is cheaper, MiniMax M3 or Mistral Small 3.1 24B?

MiniMax M3 costs $0.30 per million input tokens and $1.20 per million output tokens; Mistral Small 3.1 24B costs $0.351 and $0.555. Cost per solved task is known for MiniMax M3 only.

Which has the bigger context window, MiniMax M3 or Mistral Small 3.1 24B?

MiniMax M3, with 1.05M tokens against 128K.

How many benchmarks is the MiniMax M3 vs Mistral Small 3.1 24B comparison based on?

37 benchmarks have a result for both models as of October 22, 2026. MiniMax M3's coding index rests on 6 independent benchmarks and Mistral Small 3.1 24B's on 0. Where only one model has a result, the page says so instead of naming a winner.

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