Home / Compare / Mistral Large 3 2512 vs GPT-5.4 Nano

Mistral Large 3 2512 vs GPT-5.4 Nano

For a typical chat reply (2,000 tokens in, 400 out), Mistral Large 3 2512 costs 1.8× as much as GPT-5.4 Nano: $1.60 against $0.90 per 1,000 requests at list price on 2026-09-28.

Mistral Large 3 2512GPT-5.4 Nano
Input, per 1M tokens$0.50$0.20
Output, per 1M tokens$1.50$1.25
Context window262K400K
Classification or routing (600 tokens in, 10 out), per 1,000$0.315$0.133
Chat reply (2,000 in, 400 out), per 1,000$1.60$0.90
Retrieval-augmented answer (8,000 in, 500 out), per 1,000$4.75$2.23
Confidence signalnono
Tool callingyesyes

Which one should carry your traffic?

If GPT-5.4 Nano answers your requests as well as Mistral Large 3 2512, moving that traffic saves 44% on chat-shaped requests. Averages cannot tell you whether it does for your requests. GPT-5.4 Nano does not expose a confidence signal through OpenRouter, so Gimbix would test it as a full replacement rather than a first answer.

Mistral Large 3 2512 profile · GPT-5.4 Nano profile · Measure it on your traffic