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Mistral Small 3 vs Hy3 preview

Hy3 preview leads Mistral Small 3 on the Artificial Analysis Intelligence Index, 25.3 to 6.7, and Mistral Small 3 costs 7.5x less per output token ($0.08 vs $0.60 per million). Updated October 21, 2026; 29 benchmarks have a result for both.

Mistral Small 3Mistral AI
Coding
No data
Overall
No data
Output $/M
$0.08
0
Hy3 previewTencent
Coding
No data
Overall
No data
Output $/M
$0.60
29
vs boards won of 29 shared

Mistral Small 3 or Hy3 preview: which to pick

Neither model has a coding score yet, so the two cannot be ranked on coding.

Pick Mistral Small 3 for output tokens 7.5x cheaper ($0.08 vs $0.60 per million) and work measured by LMArena Text: coding or LMArena Text: software and IT, where it leads.

Shared results
29
Mistral Small 3 only
7
Hy3 preview only
7
Like-for-like categories
7 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 Small 3 not benchmarked, Hy3 preview not benchmarked.
Widest category
Agentic work, 73.1 points apart on average over 1 shared benchmark.
Widest single gap
τ²-Bench Telecom: Mistral Small 3 19.6% against Hy3 preview 92.7%, 73.1 points apart on a 0 to 100 scale.
Output price
Mistral Small 3 $0.08 against Hy3 preview $0.60 per million output tokens, 7.5x apart.
Context window
Mistral Small 3 takes 33K tokens, Hy3 preview 262K.

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 Small 3BarsHy3 previewTies
Coding02
Intelligence01
Agentic work01
Reasoning05
Math02
Knowledge04
General014
All shared boards029
CodingLike-for-likeSix of these boards feed the Vibe Coding Index02
Coding benchmarks for Mistral Small 3 and Hy3 preview
BenchmarkMistral Small 3Hy3 previewLeader
LMArena WebDevNot measured1357Only Hy3 preview measured
AA Coding IndexNot measured58.8Only Hy3 preview measured
LiveCodeBench (Artificial Analysis run)25.2%Not measuredOnly Mistral Small 3 measured
Terminal-Bench Hard (Artificial Analysis run)Not measured34.1%Only Hy3 preview measured
LMArena Text: coding12461421Hy3 preview
LMArena Text: software and IT12481423Hy3 preview
LMArena WebDev: ReactNot measured1349Only Hy3 preview measured
LMArena WebDev: HTMLNot measured1356Only Hy3 preview measured
Neither model has a result on the other 31 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for Mistral Small 3 and Hy3 preview
BenchmarkMistral Small 3Hy3 previewLeader
AA Intelligence Index6.725.3Hy3 preview
Neither model has a result on the other 1 board here
Agentic workLike-for-likePublic boards, shown as published, kept out of the index01
Agentic work benchmarks for Mistral Small 3 and Hy3 preview
BenchmarkMistral Small 3Hy3 previewLeader
AA Agentic IndexNot measured24.1Only Hy3 preview measured
τ²-Bench Telecom19.6%92.7%Hy3 preview
Neither model has a result on the other 39 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index05
Reasoning benchmarks for Mistral Small 3 and Hy3 preview
BenchmarkMistral Small 3Hy3 previewLeader
GPQA Diamond (Artificial Analysis run)46.2%86.7%Hy3 preview
Humanity's Last Exam (Artificial Analysis run)3.8%27.8%Hy3 preview
LMArena Text: hard prompts12331413Hy3 preview
LMArena Text: expert12021422Hy3 preview
LMArena Text: hard prompts in English12431416Hy3 preview
Neither model has a result on the other 17 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index02
Math benchmarks for Mistral Small 3 and Hy3 preview
BenchmarkMistral Small 3Hy3 previewLeader
AA Math Index4.3Not measuredOnly Mistral Small 3 measured
AIME 2025 (Artificial Analysis run)4.3%Not measuredOnly Mistral Small 3 measured
LMArena Text: math12401424Hy3 preview
LMArena Text: mathematical work12431442Hy3 preview
Neither model has a result on the other 9 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index04
Knowledge benchmarks for Mistral Small 3 and Hy3 preview
BenchmarkMistral Small 3Hy3 previewLeader
MMLU Pro (Artificial Analysis run)65.2%Not measuredOnly Mistral Small 3 measured
LMArena Text: science12351416Hy3 preview
LMArena Text: medicine and healthcare12151405Hy3 preview
LMArena Text: legal and government12191430Hy3 preview
LMArena Text: business and finance12051397Hy3 preview
Neither model has a result on the other 13 boards here
Web designNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Web design benchmarks for Mistral Small 3 and Hy3 preview
BenchmarkMistral Small 3Hy3 previewLeader
Neither model has a result on 9 boards here
GeneralLike-for-likePublic boards, shown as published, kept out of the index014
General benchmarks for Mistral Small 3 and Hy3 preview
BenchmarkMistral Small 3Hy3 previewLeader
IFBench26.4%63.1%Hy3 preview
Long context reasoning (AA-LCR)0.0%64.7%Hy3 preview
LMArena Text12341401Hy3 preview
LMArena Text: instruction following12141383Hy3 preview
LMArena Text: creative writing11941339Hy3 preview
LMArena Text: English12561409Hy3 preview
LMArena Text: non-English11981390Hy3 preview
LMArena Text: Chinese12041435Hy3 preview
LMArena Text: German1211Not measuredOnly Mistral Small 3 measured
LMArena Text: Japanese1111Not measuredOnly Mistral Small 3 measured
LMArena Text: Korean1188Not measuredOnly Mistral Small 3 measured
LMArena Text: French12041425Hy3 preview
LMArena Text: SpanishNot measured1399Only Hy3 preview measured
LMArena Text: Russian12161399Hy3 preview
LMArena Text: multi-turn12171411Hy3 preview
LMArena Text: longer queries12461402Hy3 preview
LMArena Text: writing and language12141370Hy3 preview
LMArena Text: entertainment and media11841352Hy3 preview
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
Image generation benchmarks for Mistral Small 3 and Hy3 preview
BenchmarkMistral Small 3Hy3 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 Small 3$0.0001Fits in one request
Hy3 preview$0.0005Fits in one request

Mistral Small 3 costs less

Repository review

50K input + 3K output tokens

Mistral Small 3$0.0027Exceeds the context window
Hy3 preview$0.011Fits in one request

Mistral Small 3 costs less

Agent loop

200K input + 10K output tokens

Mistral Small 3$0.011Exceeds the context window
Hy3 preview$0.042Fits in one request

Mistral Small 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 Small 3 and Hy3 preview
SpecificationMistral Small 3Tencent Hy3 preview
MakerMistral AITencent
WeightsOpen weightsOpen weights
ReleasedJanuary 30, 2025April 22, 2026
Context window33K262K
Input $/Mtok$0.05$0.18
Output $/Mtok$0.08$0.60
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it01
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Mistral Small 3 better than Hy3 preview for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick Mistral Small 3 for output tokens 7.5x cheaper ($0.08 vs $0.60 per million) and work measured by LMArena Text: coding or LMArena Text: software and IT, where it leads.

Which is cheaper, Mistral Small 3 or Hy3 preview?

Mistral Small 3 costs $0.05 per million input tokens and $0.08 per million output tokens; Hy3 preview costs $0.18 and $0.60. Cost per solved task is known for neither of them.

Which has the bigger context window, Mistral Small 3 or Hy3 preview?

Hy3 preview, with 262K tokens against 33K.

How many benchmarks is the Mistral Small 3 vs Hy3 preview comparison based on?

29 benchmarks have a result for both models as of October 21, 2026. Mistral Small 3's coding index rests on 0 independent benchmarks and Hy3 preview's on 1. Where only one model has a result, the page says so instead of naming a winner.

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