Mistral Large 3 2512 vs Qwen3 32B
Mistral Large 3 2512 leads Qwen3 32B on the Artificial Analysis Intelligence Index, 9.3 to 7.3, and Qwen3 32B costs 3.8x less per output token ($0.40 vs $1.50 per million). Updated October 21, 2026; 3 benchmarks have a result for both.
Mistral Large 3 2512 or Qwen3 32B: which to pick
Neither model has a coding score yet, so the two cannot be ranked on coding.
Pick Mistral Large 3 2512 for a larger context window (262K against 131K tokens) and work measured by DTBench or LMCA, where it leads.
- Shared results
- 3
- Mistral Large 3 2512 only
- 25
- Qwen3 32B only
- 42
- Like-for-like categories
- 2 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.
Coding
Vibe Coding Index, six public coding benchmarks
No call
Neither has a coding score yet.
One side not measured
Intelligence
AA Intelligence Index
Mistral Large 3 2512
Mistral Large 3 2512 leads, 9.3 against 7.3.
Same board, both measured
Agentic work
AA Agentic Index
No call
Only Mistral Large 3 2512 has a AA Agentic Index result, 1.0.
Directional only
Reasoning
GPQA Diamond
No call
Only Mistral Large 3 2512 has a GPQA Diamond result, 68.4%.
Directional only
Math
AIME
No call
Only Mistral Large 3 2512 has a AIME result, 42.9%.
Directional only
Knowledge
MMLU Pro
No call
Only Mistral Large 3 2512 has a MMLU Pro result, 79.8%.
Directional only
Web design
Design Arena: websites
No call
Only Mistral Large 3 2512 has a Design Arena: websites result, 1162.
Directional only
Long documents
Listed context window
Mistral Large 3 2512
Mistral Large 3 2512 takes 262K tokens against 131K.
Listed by OpenRouter
Everyday cost
1K input + 500 output tokens
Qwen3 32B
Mistral Large 3 2512 $0.0013, Qwen3 32B $0.0003 per turn.
List prices
Cost per solved task
One SWE-bench Verified task, solved
No call
Only Mistral Large 3 2512 has the number, $0.77.
Directional only
At a glance
- Coding index
- Mistral Large 3 2512 not benchmarked, Qwen3 32B not benchmarked.
- Widest category
- Intelligence, 2.0 points apart on average over 1 shared benchmark.
- Widest single gap
- DTBench: Mistral Large 3 2512 65.1% against Qwen3 32B 67.5%, 2.4 points apart on a 0 to 100 scale.
- Output price
- Mistral Large 3 2512 $1.50 against Qwen3 32B $0.40 per million output tokens, 3.8x apart.
- Context window
- Mistral Large 3 2512 takes 262K tokens, Qwen3 32B 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.
| Category | Mistral Large 3 2512 | Bars | Qwen3 32B | Ties |
|---|---|---|---|---|
| Intelligence | 1 | 0 | ||
| General | 0 | 2 | ||
| All shared boards | 1 | 2 |
CodingDirectional onlySix of these boards feed the Vibe Coding Index10 boards, none shared
| Benchmark | Mistral Large 3 2512 | Qwen3 32B | Leader |
|---|---|---|---|
| Aider polyglot | Not measured | 40.0% | Only Qwen3 32B measured |
| AA Coding Index | 20.1 | Not measured | Only Mistral Large 3 2512 measured |
| LiveCodeBench (Vals AI) | 55.3% | Not measured | Only Mistral Large 3 2512 measured |
| SWE-bench Verified (Vals AI) | 41.4% | Not measured | Only Mistral Large 3 2512 measured |
| LiveCodeBench (Artificial Analysis run) | Not measured | 54.6% | Only Qwen3 32B measured |
| SciCode | Not measured | 36.0% | Only Qwen3 32B measured |
| Terminal-Bench Hard (Artificial Analysis run) | Not measured | 3.0% | Only Qwen3 32B measured |
| ALE-Bench | 264.7 | Not measured | Only Mistral Large 3 2512 measured |
| LMArena Text: coding | Not measured | 1357 | Only Qwen3 32B measured |
| LMArena Text: software and IT | Not measured | 1366 | Only Qwen3 32B measured |
| Neither model has a result on the other 29 boards here | |||
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index10
| Benchmark | Mistral Large 3 2512 | Qwen3 32B | Leader |
|---|---|---|---|
| AA Intelligence Index | 9.3 | 7.3 | Mistral Large 3 2512 |
| Epoch Capabilities Index | Not measured | 138.4 | Only Qwen3 32B measured |
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index4 boards, none shared
| Benchmark | Mistral Large 3 2512 | Qwen3 32B | Leader |
|---|---|---|---|
| AA Agentic Index | 1.0 | Not measured | Only Mistral Large 3 2512 measured |
| τ²-Bench Telecom | Not measured | 29.8% | Only Qwen3 32B measured |
| Berkeley Function Calling Leaderboard (BFCL) | Not measured | 48.7% | Only Qwen3 32B measured |
| BrowseComp-Plus | Not measured | 10.7% | Only Qwen3 32B measured |
| Neither model has a result on the other 37 boards here | |||
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index9 boards, none shared
| Benchmark | Mistral Large 3 2512 | Qwen3 32B | Leader |
|---|---|---|---|
| GPQA Diamond | 68.4% | Not measured | Only Mistral Large 3 2512 measured |
| MMMU Pro (Vals AI) | 66.2% | Not measured | Only Mistral Large 3 2512 measured |
| GPQA Diamond (Artificial Analysis run) | Not measured | 66.8% | Only Qwen3 32B measured |
| Humanity's Last Exam (Artificial Analysis run) | Not measured | 7.4% | Only Qwen3 32B measured |
| GPQA Diamond (Epoch AI run) | Not measured | 65.7% | Only Qwen3 32B measured |
| LMArena Text: hard prompts | Not measured | 1334 | Only Qwen3 32B measured |
| LMArena Text: expert | Not measured | 1362 | Only Qwen3 32B measured |
| LMArena Text: hard prompts in English | Not measured | 1350 | Only Qwen3 32B measured |
| Kagi LLM Benchmark | Not measured | 48.7% | Only Qwen3 32B measured |
| Neither model has a result on the other 13 boards here | |||
MathDirectional onlyPublic boards, shown as published, kept out of the index7 boards, none shared
| Benchmark | Mistral Large 3 2512 | Qwen3 32B | Leader |
|---|---|---|---|
| AIME | 42.9% | Not measured | Only Mistral Large 3 2512 measured |
| MGSM (Vals AI) | 85.4% | Not measured | Only Mistral Large 3 2512 measured |
| AA Math Index | Not measured | 73.0 | Only Qwen3 32B measured |
| AIME 2025 (Artificial Analysis run) | Not measured | 73.0% | Only Qwen3 32B measured |
| OTIS Mock AIME | Not measured | 66.9% | Only Qwen3 32B measured |
| LMArena Text: math | Not measured | 1399 | Only Qwen3 32B measured |
| LMArena Text: mathematical work | Not measured | 1420 | Only Qwen3 32B measured |
| Neither model has a result on the other 6 boards here | |||
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index12 boards, none shared
| Benchmark | Mistral Large 3 2512 | Qwen3 32B | Leader |
|---|---|---|---|
| MMLU Pro | 79.8% | Not measured | Only Mistral Large 3 2512 measured |
| LegalBench (Vals AI) | 79.1% | Not measured | Only Mistral Large 3 2512 measured |
| CaseLaw (Vals AI) | 61.4% | Not measured | Only Mistral Large 3 2512 measured |
| CorpFin (Vals AI) | 61.0% | Not measured | Only Mistral Large 3 2512 measured |
| TaxEval (Vals AI) | 73.1% | Not measured | Only Mistral Large 3 2512 measured |
| MortgageTax (Vals AI) | 52.1% | Not measured | Only Mistral Large 3 2512 measured |
| MedQA (Vals AI) | 82.2% | Not measured | Only Mistral Large 3 2512 measured |
| MMLU Pro (Artificial Analysis run) | Not measured | 79.8% | Only Qwen3 32B measured |
| LMArena Text: science | Not measured | 1372 | Only Qwen3 32B measured |
| LMArena Text: medicine and healthcare | Not measured | 1368 | Only Qwen3 32B measured |
| LMArena Text: legal and government | Not measured | 1324 | Only Qwen3 32B measured |
| LMArena Text: business and finance | Not measured | 1318 | Only Qwen3 32B measured |
| Neither model has a result on the other 6 boards here | |||
Web designDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
| Benchmark | Mistral Large 3 2512 | Qwen3 32B | Leader |
|---|---|---|---|
| Design Arena: websites | 1162 | Not measured | Only Mistral Large 3 2512 measured |
| Design Arena: UI components | 1102 | Not measured | Only Mistral Large 3 2512 measured |
| Design Arena: game dev | 1080 | Not measured | Only Mistral Large 3 2512 measured |
| Design Arena: data viz | 1136 | Not measured | Only Mistral Large 3 2512 measured |
| Design Arena: 3D | 1100 | Not measured | Only Mistral Large 3 2512 measured |
| Design Arena: all code categories | 1142 | Not measured | Only Mistral Large 3 2512 measured |
| Design Arena: SVG | 993 | Not measured | Only Mistral Large 3 2512 measured |
| Design Arena: ASCII art | 1069 | Not measured | Only Mistral Large 3 2512 measured |
| Neither model has a result on the other 1 board here | |||
GeneralLike-for-likePublic boards, shown as published, kept out of the index02
| Benchmark | Mistral Large 3 2512 | Qwen3 32B | Leader |
|---|---|---|---|
| SAGE (Vals AI) | 24.6% | Not measured | Only Mistral Large 3 2512 measured |
| IFBench | Not measured | 36.3% | Only Qwen3 32B measured |
| Long context reasoning (AA-LCR) | Not measured | 0.0% | Only Qwen3 32B measured |
| DTBench | 65.1% | 67.5% | Qwen3 32B |
| LMCA | 16.7% | 17.3% | Qwen3 32B |
| Fiction.LiveBench | Not measured | 74.2% | Only Qwen3 32B measured |
| LMArena Text | Not measured | 1340 | Only Qwen3 32B measured |
| LMArena Text: instruction following | Not measured | 1305 | Only Qwen3 32B measured |
| LMArena Text: creative writing | Not measured | 1297 | Only Qwen3 32B measured |
| LMArena Text: English | Not measured | 1359 | Only Qwen3 32B measured |
| LMArena Text: non-English | Not measured | 1317 | Only Qwen3 32B measured |
| LMArena Text: Chinese | Not measured | 1357 | Only Qwen3 32B measured |
| LMArena Text: German | Not measured | 1341 | Only Qwen3 32B measured |
| LMArena Text: Russian | Not measured | 1311 | Only Qwen3 32B measured |
| LMArena Text: multi-turn | Not measured | 1331 | Only Qwen3 32B measured |
| LMArena Text: longer queries | Not measured | 1327 | Only Qwen3 32B measured |
| LMArena Text: writing and language | Not measured | 1298 | Only Qwen3 32B measured |
| LMArena Text: entertainment and media | Not measured | 1279 | Only Qwen3 32B measured |
| Neither model has a result on the other 28 boards here | |||
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
| Benchmark | Mistral Large 3 2512 | Qwen3 32B | Leader |
|---|---|---|---|
| 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
Qwen3 32B costs less
Repository review
50K input + 3K output tokens
Qwen3 32B costs less
Agent loop
200K input + 10K output tokens
Qwen3 32B 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.
| Specification | Mistral Large 3 2512 | Qwen3 32B |
|---|---|---|
| Maker | Mistral AI | Qwen |
| Weights | No public weights listed | Open weights |
| Released | December 1, 2025 | April 28, 2025 |
| Context window | 262K | 131K |
| Input $/Mtok | $0.50 | $0.14 |
| Output $/Mtok | $1.50 | $0.40 |
| Coding index | Not benchmarked | Not benchmarked |
| Independent measurements behind it | 1 | 0 |
| Cost per solved task | $0.77 | Not computable |
| Source | OpenRouter listing | OpenRouter listing |
Questions
Is Mistral Large 3 2512 better than Qwen3 32B for coding?
Neither model has a coding score yet, so the two cannot be ranked on coding. Pick Mistral Large 3 2512 for a larger context window (262K against 131K tokens) and work measured by DTBench or LMCA, where it leads.
Which is cheaper, Mistral Large 3 2512 or Qwen3 32B?
Mistral Large 3 2512 costs $0.50 per million input tokens and $1.50 per million output tokens; Qwen3 32B costs $0.14 and $0.40. Cost per solved task is known for Mistral Large 3 2512 only.
Which has the bigger context window, Mistral Large 3 2512 or Qwen3 32B?
Mistral Large 3 2512, with 262K tokens against 131K.
How many benchmarks is the Mistral Large 3 2512 vs Qwen3 32B comparison based on?
3 benchmarks have a result for both models as of October 21, 2026. Mistral Large 3 2512's coding index rests on 1 independent benchmark and Qwen3 32B's on 0. Where only one model has a result, the page says so instead of naming a winner.