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Mistral Medium 3 vs Step 5 Preview

Step 5 Preview leads Mistral Medium 3 on the Artificial Analysis Intelligence Index, 43.7 to 9.0, and Mistral Medium 3 costs 1.4x less per output token ($2.00 vs $2.70 per million). Updated October 21, 2026; 33 benchmarks have a result for both.

Mistral Medium 3Mistral AI
Coding
No data
Overall
No data
Output $/M
$2.00
0
Step 5 PreviewStepFun
Coding
61.1
Overall
60.5
Output $/M
$2.70
33
vs boards won of 33 shared

Mistral Medium 3 or Step 5 Preview: which to pick

Only Step 5 Preview has a coding score, 61.1 on the Vibe Coding Index; Mistral Medium 3 has none, so the two cannot be ranked on coding.

Pick Mistral Medium 3 for output tokens 1.4x cheaper ($2.00 vs $2.70 per million).

Shared results
33
Mistral Medium 3 only
24
Step 5 Preview only
28
Like-for-like categories
6 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
Mistral Medium 3 not benchmarked, Step 5 Preview 61.1 from 4 benchmarks.
Widest category
Intelligence, 34.7 points apart on average over 1 shared benchmark.
Widest single gap
Long context reasoning (AA-LCR): Mistral Medium 3 31.3% against Step 5 Preview 88.3%, 57.0 points apart on a 0 to 100 scale.
Output price
Mistral Medium 3 $2.00 against Step 5 Preview $2.70 per million output tokens, 1.4x apart.
Context window
Mistral Medium 3 takes 131K tokens, Step 5 Preview 1.05M.

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 Medium 3BarsStep 5 PreviewTies
Coding02
Intelligence01
Reasoning06
Math02
Knowledge04
General018
All shared boards033
CodingLike-for-likeSix of these boards feed the Vibe Coding Index02
Coding benchmarks for Mistral Medium 3 and Step 5 Preview
BenchmarkMistral Medium 3Step 5 PreviewLeader
LiveBench codingNot measured85.6%Only Step 5 Preview measured
LMArena WebDevNot measured1567Only Step 5 Preview measured
Terminal-Bench 4 (Vals AI)Not measured31.8%Only Step 5 Preview measured
Vibe Code Bench (Vals AI)Not measured70.4%Only Step 5 Preview measured
Code migration (Vals AI)Not measured39.0%Only Step 5 Preview measured
IOI (Vals AI)Not measured38.1%Only Step 5 Preview measured
SWE-bench Multimodal (Vals AI)Not measured40.8%Only Step 5 Preview measured
LiveCodeBench (Artificial Analysis run)40.0%Not measuredOnly Mistral Medium 3 measured
SciCodeNot measured58.9%Only Step 5 Preview measured
Terminal-Bench Hard (Artificial Analysis run)3.8%Not measuredOnly Mistral Medium 3 measured
LMArena Text: coding13851485Step 5 Preview
LMArena Text: software and IT13851473Step 5 Preview
LMArena WebDev: ReactNot measured1583Only Step 5 Preview measured
LMArena WebDev: HTMLNot measured1556Only Step 5 Preview measured
LMArena WebDev: from an imageNot measured1550Only Step 5 Preview measured
Neither model has a result on the other 24 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for Mistral Medium 3 and Step 5 Preview
BenchmarkMistral Medium 3Step 5 PreviewLeader
AA Intelligence Index9.043.7Step 5 Preview
Epoch Capabilities Index134.0Not measuredOnly Mistral Medium 3 measured
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index12 boards, none shared
Agentic work benchmarks for Mistral Medium 3 and Step 5 Preview
BenchmarkMistral Medium 3Step 5 PreviewLeader
LiveBench researchNot measured72.8%Only Step 5 Preview measured
LiveBench browserNot measured24.0%Only Step 5 Preview measured
LiveBench long agenticNot measured27.5%Only Step 5 Preview measured
SREBench (Vals AI)Not measured0.4%Only Step 5 Preview measured
Finance Agent (Vals AI)Not measured50.7%Only Step 5 Preview measured
Tax Agent Bench (Vals AI)Not measured27.3%Only Step 5 Preview measured
Legal Research Bench (Vals AI)Not measured40.4%Only Step 5 Preview measured
Excel Modeling Benchmark (Vals AI)Not measured57.1%Only Step 5 Preview measured
BioMysteryBench (Vals AI)Not measured67.4%Only Step 5 Preview measured
Terminal-Bench-Science (Vals AI)Not measured2.9%Only Step 5 Preview measured
Vals Science IndexNot measured29.6%Only Step 5 Preview measured
τ²-Bench Telecom24.3%Not measuredOnly Mistral Medium 3 measured
Neither model has a result on the other 29 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index06
Reasoning benchmarks for Mistral Medium 3 and Step 5 Preview
BenchmarkMistral Medium 3Step 5 PreviewLeader
LiveBench reasoningNot measured83.8%Only Step 5 Preview measured
MysteryMechanism (Vals AI)Not measured18.5%Only Step 5 Preview measured
GPQA Diamond (Artificial Analysis run)57.8%Not measuredOnly Mistral Medium 3 measured
Humanity's Last Exam (Artificial Analysis run)4.1%46.5%Step 5 Preview
LMArena Text: hard prompts13641461Step 5 Preview
LMArena Text: expert13421485Step 5 Preview
LMArena Text: hard prompts in English13741454Step 5 Preview
LMArena Vision: diagrams11551308Step 5 Preview
LMArena Vision: homework11651265Step 5 Preview
Neither model has a result on the other 13 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index02
Math benchmarks for Mistral Medium 3 and Step 5 Preview
BenchmarkMistral Medium 3Step 5 PreviewLeader
AA Math Index30.3Not measuredOnly Mistral Medium 3 measured
AIME 2025 (Artificial Analysis run)30.3%Not measuredOnly Mistral Medium 3 measured
ProofBenchNot measured42.0%Only Step 5 Preview measured
LMArena Text: math13531458Step 5 Preview
LMArena Text: mathematical work13541460Step 5 Preview
Neither model has a result on the other 8 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index04
Knowledge benchmarks for Mistral Medium 3 and Step 5 Preview
BenchmarkMistral Medium 3Step 5 PreviewLeader
MMLU Pro (Artificial Analysis run)76.0%Not measuredOnly Mistral Medium 3 measured
LMArena Text: science13811454Step 5 Preview
LMArena Text: medicine and healthcare13811439Step 5 Preview
LMArena Text: legal and government13841437Step 5 Preview
LMArena Text: business and finance13521435Step 5 Preview
Neither model has a result on the other 13 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index7 boards, none shared
Web design benchmarks for Mistral Medium 3 and Step 5 Preview
BenchmarkMistral Medium 3Step 5 PreviewLeader
Design Arena: websites1079Not measuredOnly Mistral Medium 3 measured
Design Arena: UI components1024Not measuredOnly Mistral Medium 3 measured
Design Arena: game dev1018Not measuredOnly Mistral Medium 3 measured
Design Arena: data viz1034Not measuredOnly Mistral Medium 3 measured
Design Arena: 3D1084Not measuredOnly Mistral Medium 3 measured
Design Arena: all code categories1069Not measuredOnly Mistral Medium 3 measured
LiveBench designNot measured76.9%Only Step 5 Preview measured
Neither model has a result on the other 2 boards here
GeneralLike-for-likePublic boards, shown as published, kept out of the index018
General benchmarks for Mistral Medium 3 and Step 5 Preview
BenchmarkMistral Medium 3Step 5 PreviewLeader
LiveBench data analysisNot measured63.5%Only Step 5 Preview measured
Public Benefits Bench (Vals AI)Not measured58.1%Only Step 5 Preview measured
IFBench39.3%Not measuredOnly Mistral Medium 3 measured
Long context reasoning (AA-LCR)31.3%88.3%Step 5 Preview
DTBench62.3%Not measuredOnly Mistral Medium 3 measured
LMArena Text13701440Step 5 Preview
LMArena Text: instruction following13381438Step 5 Preview
LMArena Text: creative writing13431409Step 5 Preview
LMArena Vision11571265Step 5 Preview
LMArena Text: English13851447Step 5 Preview
LMArena Text: non-English13531428Step 5 Preview
LMArena Text: Chinese13741500Step 5 Preview
LMArena Text: German1377Not measuredOnly Mistral Medium 3 measured
LMArena Text: Japanese13161383Step 5 Preview
LMArena Text: Korean1304Not measuredOnly Mistral Medium 3 measured
LMArena Text: French13681438Step 5 Preview
LMArena Text: Spanish13641441Step 5 Preview
LMArena Text: Russian13591433Step 5 Preview
LMArena Text: Polish1371Not measuredOnly Mistral Medium 3 measured
LMArena Text: multi-turn13841437Step 5 Preview
LMArena Text: longer queries13601449Step 5 Preview
LMArena Text: writing and language13521425Step 5 Preview
LMArena Text: entertainment and media13351412Step 5 Preview
LMArena Vision: English11721290Step 5 Preview
LMArena Vision: Chinese1161Not measuredOnly Mistral Medium 3 measured
LMArena Vision: reading text11541282Step 5 Preview
LMArena Vision: humor1145Not measuredOnly Mistral Medium 3 measured
LMArena Vision: captioning1094Not measuredOnly Mistral Medium 3 measured
LMArena Vision: recognizing things1141Not measuredOnly Mistral Medium 3 measured
LMArena Vision: creative writing1146Not measuredOnly Mistral Medium 3 measured
Neither model has a result on the other 16 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for Mistral Medium 3 and Step 5 Preview
BenchmarkMistral Medium 3Step 5 PreviewLeader
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 Medium 3$0.0014Fits in one request
Step 5 Preview$0.0024Fits in one request

Mistral Medium 3 costs less

Repository review

50K input + 3K output tokens

Mistral Medium 3$0.026Fits in one request
Step 5 Preview$0.058Fits in one request

Mistral Medium 3 costs less

Agent loop

200K input + 10K output tokens

Mistral Medium 3$0.100Exceeds the context window
Step 5 Preview$0.227Fits in one request

Mistral Medium 3 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 Medium 3 and Step 5 Preview
SpecificationMistral Medium 3StepFun Step 5 Preview
MakerMistral AIStepFun
WeightsNo public weights listedOpen weights
ReleasedMay 7, 2025October 8, 2026
Context window131K1.05M
Input $/Mtok$0.40$1.00
Output $/Mtok$2.00$2.70
Coding indexNot benchmarked61.1
Independent measurements behind it04
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Mistral Medium 3 better than Step 5 Preview for coding?

Only Step 5 Preview has a coding score, 61.1 on the Vibe Coding Index; Mistral Medium 3 has none, so the two cannot be ranked on coding. Pick Mistral Medium 3 for output tokens 1.4x cheaper ($2.00 vs $2.70 per million).

Which is cheaper, Mistral Medium 3 or Step 5 Preview?

Mistral Medium 3 costs $0.40 per million input tokens and $2.00 per million output tokens; Step 5 Preview costs $1.00 and $2.70. Cost per solved task is known for neither of them.

Which has the bigger context window, Mistral Medium 3 or Step 5 Preview?

Step 5 Preview, with 1.05M tokens against 131K.

How many benchmarks is the Mistral Medium 3 vs Step 5 Preview comparison based on?

33 benchmarks have a result for both models as of October 21, 2026. Mistral Medium 3's coding index rests on 0 independent benchmarks and Step 5 Preview's on 4. Where only one model has a result, the page says so instead of naming a winner.

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