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Mistral Small 4 vs Qwen3.7 Max

Qwen3.7 Max leads Mistral Small 4 on the Artificial Analysis Intelligence Index, 29.5 to 11.3, and Mistral Small 4 costs 7.4x less per output token ($0.60 vs $4.425 per million). Updated October 22, 2026; 14 benchmarks have a result for both.

Mistral Small 4Mistral AI
Coding
No data
Overall
No data
Output $/M
$0.60
0
Qwen3.7 MaxQwen
Coding
54.1
Overall
61.7
Output $/M
$4.425
14
vs boards won of 14 shared

Mistral Small 4 or Qwen3.7 Max: which to pick

Only Qwen3.7 Max has a coding score, 54.1 on the Vibe Coding Index; Mistral Small 4 has none, so the two cannot be ranked on coding.

Pick Mistral Small 4 for output tokens 7.4x cheaper ($0.60 vs $4.425 per million).

Shared results
14
Mistral Small 4 only
1
Qwen3.7 Max only
45
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
Mistral Small 4 not benchmarked, Qwen3.7 Max 54.1 from 3 benchmarks.
Widest category
Agentic work, 37.6 points apart on average over 2 shared benchmarks.
Widest single gap
τ²-Bench Telecom: Mistral Small 4 41.2% against Qwen3.7 Max 94.7%, 53.5 points apart on a 0 to 100 scale.
Output price
Mistral Small 4 $0.60 against Qwen3.7 Max $4.425 per million output tokens, 7.4x apart.
Context window
Mistral Small 4 takes 262K tokens, Qwen3.7 Max 1M.

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 4BarsQwen3.7 MaxTies
Coding05
Intelligence01
Agentic work02
Reasoning02
General04
All shared boards014
CodingLike-for-likeSix of these boards feed the Vibe Coding Index05
Coding benchmarks for Mistral Small 4 and Qwen3.7 Max
BenchmarkMistral Small 4Qwen3.7 MaxLeader
LMArena WebDevNot measured1515Only Qwen3.7 Max measured
AA Coding Index26.666.0Qwen3.7 Max
LiveCodeBench (Vals AI)Not measured87.1%Only Qwen3.7 Max measured
SWE-bench Verified (Vals AI)Not measured68.8%Only Qwen3.7 Max measured
Vibe Code Bench (Vals AI)0.0%47.7%Qwen3.7 Max
Code migration (Vals AI)Not measured13.1%Only Qwen3.7 Max measured
Terminal-Bench 2.1 (Vals AI)Not measured61.0%Only Qwen3.7 Max measured
SciCode38.8%49.5%Qwen3.7 Max
Terminal-Bench Hard (Artificial Analysis run)17.4%50.8%Qwen3.7 Max
ALE-Bench497.61189.4Qwen3.7 Max
LMArena WebDev: ReactNot measured1514Only Qwen3.7 Max measured
LMArena WebDev: HTMLNot measured1512Only Qwen3.7 Max measured
Neither model has a result on the other 27 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for Mistral Small 4 and Qwen3.7 Max
BenchmarkMistral Small 4Qwen3.7 MaxLeader
AA Intelligence Index11.329.5Qwen3.7 Max
Epoch Capabilities IndexNot measured154.0Only Qwen3.7 Max measured
Agentic workLike-for-likePublic boards, shown as published, kept out of the index02
Agentic work benchmarks for Mistral Small 4 and Qwen3.7 Max
BenchmarkMistral Small 4Qwen3.7 MaxLeader
AA Agentic Index0.822.5Qwen3.7 Max
Design Arena: agents building web appsNot measured1208Only Qwen3.7 Max measured
Design Arena: agents building full-stack appsNot measured1191Only Qwen3.7 Max measured
Design Arena: agents building mobile appsNot measured1155Only Qwen3.7 Max measured
Design Arena: agents building Android appsNot measured1159Only Qwen3.7 Max measured
Design Arena: agents building Godot gamesNot measured1187Only Qwen3.7 Max measured
Design Arena: agents building gamesNot measured1161Only Qwen3.7 Max measured
Design Arena: HTML slidesNot measured1108Only Qwen3.7 Max measured
Design Arena: PowerPoint slidesNot measured1171Only Qwen3.7 Max measured
Finance Agent (Vals AI)Not measured47.8%Only Qwen3.7 Max measured
Tax Agent Bench (Vals AI)Not measured15.8%Only Qwen3.7 Max measured
Legal Research Bench (Vals AI)Not measured25.5%Only Qwen3.7 Max measured
Excel Modeling Benchmark (Vals AI)Not measured57.0%Only Qwen3.7 Max measured
τ²-Bench Telecom41.2%94.7%Qwen3.7 Max
Neither model has a result on the other 27 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index02
Reasoning benchmarks for Mistral Small 4 and Qwen3.7 Max
BenchmarkMistral Small 4Qwen3.7 MaxLeader
GPQA DiamondNot measured90.2%Only Qwen3.7 Max measured
GPQA Diamond (Artificial Analysis run)76.9%92.3%Qwen3.7 Max
Humanity's Last Exam (Artificial Analysis run)9.9%40.5%Qwen3.7 Max
GPQA Diamond (Epoch AI run)Not measured90.9%Only Qwen3.7 Max measured
SimpleBenchNot measured70.4%Only Qwen3.7 Max measured
Chess puzzlesNot measured26.0%Only Qwen3.7 Max measured
Mystery game puzzlesNot measured32.0%Only Qwen3.7 Max measured
EBR-benchNot measured9.5%Only Qwen3.7 Max measured
Kagi LLM Benchmark40.5%Not measuredOnly Mistral Small 4 measured
Neither model has a result on the other 13 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index4 boards, none shared
Math benchmarks for Mistral Small 4 and Qwen3.7 Max
BenchmarkMistral Small 4Qwen3.7 MaxLeader
OTIS Mock AIMENot measured95.6%Only Qwen3.7 Max measured
FrontierMath, tiers 1 to 3Not measured64.6%Only Qwen3.7 Max measured
FrontierMath, tier 4Not measured34.1%Only Qwen3.7 Max measured
ProofBenchNot measured26.0%Only Qwen3.7 Max measured
Neither model has a result on the other 9 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index6 boards, none shared
Knowledge benchmarks for Mistral Small 4 and Qwen3.7 Max
BenchmarkMistral Small 4Qwen3.7 MaxLeader
MMLU ProNot measured89.3%Only Qwen3.7 Max measured
LegalBench (Vals AI)Not measured84.9%Only Qwen3.7 Max measured
CorpFin (Vals AI)Not measured63.7%Only Qwen3.7 Max measured
TaxEval (Vals AI)Not measured75.3%Only Qwen3.7 Max measured
MedCode (Vals AI)Not measured38.8%Only Qwen3.7 Max measured
SimpleQA VerifiedNot measured55.8%Only Qwen3.7 Max measured
Neither model has a result on the other 12 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
Web design benchmarks for Mistral Small 4 and Qwen3.7 Max
BenchmarkMistral Small 4Qwen3.7 MaxLeader
Design Arena: websitesNot measured1274Only Qwen3.7 Max measured
Design Arena: UI componentsNot measured1267Only Qwen3.7 Max measured
Design Arena: game devNot measured1264Only Qwen3.7 Max measured
Design Arena: data vizNot measured1275Only Qwen3.7 Max measured
Design Arena: 3DNot measured1265Only Qwen3.7 Max measured
Design Arena: all code categoriesNot measured1275Only Qwen3.7 Max measured
Design Arena: SVGNot measured1216Only Qwen3.7 Max measured
Design Arena: ASCII artNot measured1211Only Qwen3.7 Max measured
Neither model has a result on the other 1 board here
GeneralLike-for-likePublic boards, shown as published, kept out of the index04
General benchmarks for Mistral Small 4 and Qwen3.7 Max
BenchmarkMistral Small 4Qwen3.7 MaxLeader
MedScribe (Vals AI)Not measured79.4%Only Qwen3.7 Max measured
IFBench48.2%80.5%Qwen3.7 Max
Long context reasoning (AA-LCR)49.7%79.0%Qwen3.7 Max
DTBench70.9%92.3%Qwen3.7 Max
LMCA20.6%44.0%Qwen3.7 Max
Neither model has a result on the other 41 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for Mistral Small 4 and Qwen3.7 Max
BenchmarkMistral Small 4Qwen3.7 MaxLeader
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 4$0.0004Fits in one request
Qwen3.7 Max$0.0037Fits in one request

Mistral Small 4 costs less

Repository review

50K input + 3K output tokens

Mistral Small 4$0.0093Fits in one request
Qwen3.7 Max$0.087Fits in one request

Mistral Small 4 costs less

Agent loop

200K input + 10K output tokens

Mistral Small 4$0.036Fits in one request
Qwen3.7 Max$0.339Fits in one request

Mistral Small 4 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 4 and Qwen3.7 Max
SpecificationMistral Small 4Qwen3.7 Max
MakerMistral AIQwen
WeightsOpen weightsNo public weights listed
ReleasedMarch 16, 2026May 21, 2026
Context window262K1M
Input $/Mtok$0.15$1.475
Output $/Mtok$0.60$4.425
Coding indexNot benchmarked54.1
Independent measurements behind it13
Cost per solved taskNot computable$4.69
SourceOpenRouter listingOpenRouter listing

Questions

Is Mistral Small 4 better than Qwen3.7 Max for coding?

Only Qwen3.7 Max has a coding score, 54.1 on the Vibe Coding Index; Mistral Small 4 has none, so the two cannot be ranked on coding. Pick Mistral Small 4 for output tokens 7.4x cheaper ($0.60 vs $4.425 per million).

Which is cheaper, Mistral Small 4 or Qwen3.7 Max?

Mistral Small 4 costs $0.15 per million input tokens and $0.60 per million output tokens; Qwen3.7 Max costs $1.475 and $4.425. Cost per solved task is known for Qwen3.7 Max only.

Which has the bigger context window, Mistral Small 4 or Qwen3.7 Max?

Qwen3.7 Max, with 1M tokens against 262K.

How many benchmarks is the Mistral Small 4 vs Qwen3.7 Max comparison based on?

14 benchmarks have a result for both models as of October 22, 2026. Mistral Small 4's coding index rests on 1 independent benchmark and Qwen3.7 Max's on 3. Where only one model has a result, the page says so instead of naming a winner.

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