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Mistral Large 4 vs Qwen3 32B

Updated October 21, 2026. 31 benchmarks have a result for both. Coding is ranked on the Vibe Coding Index; every other board is shown as published.

Mistral Large 4Mistral AI
Coding
55.3
Overall
38.4
Output $/M
$4.18
31
Qwen3 32BQwen
Coding
40.0
Overall
7.3
Output $/M
$0.28
0
vs boards won of 31 shared

Decision reading

Pick Mistral Large 4 for coding: it scores 55.3 on the Vibe Coding Index against 40.0 for Qwen3 32B.

Pick Qwen3 32B when output tokens cost 14.9x less.

Shared results
31
Mistral Large 4 only
50
Qwen3 32B only
11
Like-for-like categories
6 of 9

Shared results can support a head-to-head reading. Results only one model has describe coverage, not superiority.

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
Mistral Large 4 55.3 from 2 benchmarks, Qwen3 32B 40.0 from 1 benchmark.
Widest category
Intelligence, 22.8 points apart on average over 2 shared benchmarks.
Widest single gap
Long context reasoning (AA-LCR): Mistral Large 4 81.3% against Qwen3 32B 0.0%, 81.3 points apart on a 0 to 100 scale.
Output price
Mistral Large 4 $4.18 against Qwen3 32B $0.28 per million output tokens, 14.9x apart.
Context window
Mistral Large 4 takes 1.05M 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.

Boards won, where both have a result
CategoryMistral Large 4BarsQwen3 32BTies
Coding30
Intelligence20
Reasoning50
Math30
Knowledge40
General140
All shared boards310
CodingLike-for-likeFour of these boards feed the Vibe Coding Index30
Coding benchmarks for Mistral Large 4 and Qwen3 32B
BenchmarkMistral Large 4Qwen3 32BLeader
Aider polyglotNot measured40.0%Only Qwen3 32B measured
LiveBench coding60.0%Not measuredOnly Mistral Large 4 measured
LMArena WebDev1543Not measuredOnly Mistral Large 4 measured
Terminal-Bench 4 (Vals AI)27.8%Not measuredOnly Mistral Large 4 measured
Vibe Code Bench (Vals AI)78.4%Not measuredOnly Mistral Large 4 measured
Code migration (Vals AI)30.6%Not measuredOnly Mistral Large 4 measured
IOI (Vals AI)45.3%Not measuredOnly Mistral Large 4 measured
SWE-bench Multimodal (Vals AI)33.1%Not measuredOnly Mistral Large 4 measured
Vibe Code Bench 1-100 (Vals AI)14.3%Not measuredOnly Mistral Large 4 measured
LiveCodeBench (Artificial Analysis run)Not measured54.6%Only Qwen3 32B measured
SciCode54.2%36.0%Mistral Large 4
Terminal-Bench Hard (Artificial Analysis run)Not measured3.0%Only Qwen3 32B measured
FrontierCode39.4%Not measuredOnly Mistral Large 4 measured
ALE-Bench1213.2Not measuredOnly Mistral Large 4 measured
LMArena Text: coding14781357Mistral Large 4
LMArena Text: software and IT14671366Mistral Large 4
LMArena WebDev: React1559Not measuredOnly Mistral Large 4 measured
LMArena WebDev: HTML1487Not measuredOnly Mistral Large 4 measured
Neither model has a result on the other 20 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index20
Intelligence benchmarks for Mistral Large 4 and Qwen3 32B
BenchmarkMistral Large 4Qwen3 32BLeader
AA Intelligence Index38.47.3Mistral Large 4
Epoch Capabilities Index150.0138.4Mistral Large 4
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index10 boards, none shared
Agentic work benchmarks for Mistral Large 4 and Qwen3 32B
BenchmarkMistral Large 4Qwen3 32BLeader
LiveBench research28.1%Not measuredOnly Mistral Large 4 measured
LiveBench browser8.0%Not measuredOnly Mistral Large 4 measured
LiveBench long agentic11.8%Not measuredOnly Mistral Large 4 measured
Finance Agent (Vals AI)54.7%Not measuredOnly Mistral Large 4 measured
Tax Agent Bench (Vals AI)30.4%Not measuredOnly Mistral Large 4 measured
Legal Research Bench (Vals AI)31.7%Not measuredOnly Mistral Large 4 measured
Harvey's Legal Agent Benchmark (Vals AI)17.5%Not measuredOnly Mistral Large 4 measured
Excel Modeling Benchmark (Vals AI)56.2%Not measuredOnly Mistral Large 4 measured
BioMysteryBench (Vals AI)67.0%Not measuredOnly Mistral Large 4 measured
τ²-Bench TelecomNot measured29.8%Only Qwen3 32B measured
Neither model has a result on the other 29 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index50
Reasoning benchmarks for Mistral Large 4 and Qwen3 32B
BenchmarkMistral Large 4Qwen3 32BLeader
LiveBench reasoning83.9%Not measuredOnly Mistral Large 4 measured
MysteryMechanism (Vals AI)12.2%Not measuredOnly Mistral Large 4 measured
GPQA Diamond (Artificial Analysis run)Not measured66.8%Only Qwen3 32B measured
Humanity's Last Exam (Artificial Analysis run)35.0%7.4%Mistral Large 4
GPQA Diamond (Epoch AI run)88.1%65.7%Mistral Large 4
Chess puzzles33.0%Not measuredOnly Mistral Large 4 measured
Mystery game puzzles17.0%Not measuredOnly Mistral Large 4 measured
LMArena Text: hard prompts14441334Mistral Large 4
LMArena Text: expert14441362Mistral Large 4
LMArena Text: hard prompts in English14421350Mistral Large 4
LMArena Vision: diagrams1288Not measuredOnly Mistral Large 4 measured
Neither model has a result on the other 10 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index30
Math benchmarks for Mistral Large 4 and Qwen3 32B
BenchmarkMistral Large 4Qwen3 32BLeader
AA Math IndexNot measured73.0Only Qwen3 32B measured
AIME 2025 (Artificial Analysis run)Not measured73.0%Only Qwen3 32B measured
OTIS Mock AIME98.3%66.9%Mistral Large 4
FrontierMath, tiers 1 to 358.6%Not measuredOnly Mistral Large 4 measured
FrontierMath, tier 426.8%Not measuredOnly Mistral Large 4 measured
ProofBench10.0%Not measuredOnly Mistral Large 4 measured
LMArena Text: math14691399Mistral Large 4
LMArena Text: mathematical work14621420Mistral Large 4
Neither model has a result on the other 5 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index40
Knowledge benchmarks for Mistral Large 4 and Qwen3 32B
BenchmarkMistral Large 4Qwen3 32BLeader
MedCode (Vals AI)40.7%Not measuredOnly Mistral Large 4 measured
MMLU Pro (Artificial Analysis run)Not measured79.8%Only Qwen3 32B measured
SimpleQA Verified20.0%Not measuredOnly Mistral Large 4 measured
LMArena Text: science14481372Mistral Large 4
LMArena Text: medicine and healthcare14331368Mistral Large 4
LMArena Text: legal and government14251324Mistral Large 4
LMArena Text: business and finance14391318Mistral Large 4
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 Mistral Large 4 and Qwen3 32B
BenchmarkMistral Large 4Qwen3 32BLeader
Design Arena: websites1258Not measuredOnly Mistral Large 4 measured
Design Arena: UI components1275Not measuredOnly Mistral Large 4 measured
Design Arena: game dev1226Not measuredOnly Mistral Large 4 measured
Design Arena: data viz1274Not measuredOnly Mistral Large 4 measured
Design Arena: 3D1253Not measuredOnly Mistral Large 4 measured
Design Arena: all code categories1259Not measuredOnly Mistral Large 4 measured
Design Arena: SVG1232Not measuredOnly Mistral Large 4 measured
Design Arena: ASCII art1203Not measuredOnly Mistral Large 4 measured
LiveBench design65.6%Not measuredOnly Mistral Large 4 measured
GeneralLike-for-likePublic boards, shown as published, kept out of the index140
General benchmarks for Mistral Large 4 and Qwen3 32B
BenchmarkMistral Large 4Qwen3 32BLeader
LiveBench data analysis76.5%Not measuredOnly Mistral Large 4 measured
MedScribe (Vals AI)80.4%Not measuredOnly Mistral Large 4 measured
IFBenchNot measured36.3%Only Qwen3 32B measured
Long context reasoning (AA-LCR)81.3%0.0%Mistral Large 4
DTBench88.2%67.5%Mistral Large 4
LMCA35.8%17.3%Mistral Large 4
Fiction.LiveBenchNot measured74.2%Only Qwen3 32B measured
Surface Evolver Bench28.1%Not measuredOnly Mistral Large 4 measured
Furniture assembly20.8%Not measuredOnly Mistral Large 4 measured
LMArena Text14311340Mistral Large 4
LMArena Text: instruction following14221305Mistral Large 4
LMArena Text: creative writing13631297Mistral Large 4
LMArena Vision1272Not measuredOnly Mistral Large 4 measured
LMArena Text: English14331359Mistral Large 4
LMArena Text: non-English14221317Mistral Large 4
LMArena Text: Chinese14921357Mistral Large 4
LMArena Text: GermanNot measured1341Only Qwen3 32B measured
LMArena Text: Japanese1415Not measuredOnly Mistral Large 4 measured
LMArena Text: French1492Not measuredOnly Mistral Large 4 measured
LMArena Text: Spanish1455Not measuredOnly Mistral Large 4 measured
LMArena Text: Russian14171311Mistral Large 4
LMArena Text: multi-turn14351331Mistral Large 4
LMArena Text: longer queries14281327Mistral Large 4
LMArena Text: writing and language13861298Mistral Large 4
LMArena Text: entertainment and media13781279Mistral Large 4
LMArena Vision: English1283Not measuredOnly Mistral Large 4 measured
LMArena Vision: reading text1284Not measuredOnly Mistral Large 4 measured
Neither model has a result on the other 19 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for Mistral Large 4 and Qwen3 32B
BenchmarkMistral Large 4Qwen3 32BLeader
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

Mistral Large 4$0.0034Fits in one request
Qwen3 32B$0.0002Fits in one request

Qwen3 32B costs less

Repository review

50K input + 3K output tokens

Mistral Large 4$0.081Fits in one request
Qwen3 32B$0.0048Fits in one request

Qwen3 32B costs less

Agent loop

200K input + 10K output tokens

Mistral Large 4$0.314Fits in one request
Qwen3 32B$0.019Exceeds the context window

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.

Specifications of Mistral Large 4 and Qwen3 32B
SpecificationMistral Large 4Qwen3 32B
MakerMistral AIQwen
WeightsNo public weights listedOpen weights
ReleasedOctober 6, 2026April 28, 2025
Context window1.05M131K
Input $/Mtok$1.36$0.08
Output $/Mtok$4.18$0.28
Coding index55.340.0
Independent measurements behind it21
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Mistral Large 4 better than Qwen3 32B for coding?

Pick Mistral Large 4 for coding: it scores 55.3 on the Vibe Coding Index against 40.0 for Qwen3 32B. Pick Qwen3 32B when output tokens cost 14.9x less.

Which is cheaper, Mistral Large 4 or Qwen3 32B?

Mistral Large 4 costs $1.36 per million input tokens and $4.18 per million output tokens; Qwen3 32B costs $0.08 and $0.28. Cost per solved task is known for neither of them.

Which has the bigger context window, Mistral Large 4 or Qwen3 32B?

Mistral Large 4, with 1.05M tokens against 131K.

How many benchmarks is the Mistral Large 4 vs Qwen3 32B comparison based on?

31 benchmarks have a result for both models as of October 21, 2026. Mistral Large 4's coding index rests on 2 independent benchmarks and Qwen3 32B's on 1. Where only one model has a result, the page says so instead of naming a winner.

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