AI Models · Open-Source vs Open-Source

Kimi K3 (batch) Open vs Mistral Large 4 Open

Kimi K3 (batch) vs Mistral Large 4 compared — price per token, context window, multimodality, openness and which to choose. Full 2026 breakdown.

Prices & specs refreshed from live data · olud.ai

Open-model prices = cheapest provider via OpenRouter; official maker rates may be higher.

Kimi K3 (batch)OpenMoonshot AI
$2.28 /M input
$11.4 /M outputNo per-token fees if you self-host
TypeOpen-weight
Context window1M tokens
MultimodalYes
Self-hostYes
Mistral Large 4OpenMistral AI
$1.36 /M input
$4.18 /M outputNo per-token fees if you self-host
TypeOpen-weight
Context window1M tokens
MultimodalYes
Self-hostYes
Choose Mistral Large 4 for the lower output price ($4.18/M vs $11.4/M). Choose Kimi K3 (batch) if you need the larger 1M context window.

Kimi K3 (batch) vs Mistral Large 4 specs

SpecKimi K3 (batch)Mistral Large 4Winner
MakerMoonshot AIMistral AI–
TypeOpen-weightOpen-weight–
Context window1M tokens1M tokens= Tie
Input price$2.28/M · free self-host$1.36/M · free self-hostMistral Large 4
Output price$11.4/M · free self-host$4.18/M · free self-hostMistral Large 4
Vision / multimodalYesYes= Tie
Tool / function callingYesYes= Tie
Self-hostableYesYes= Tie
LicenseModified MITApache 2.0–

Price gap & when to choose each

2.7×cheaper per output token

Mistral Large 4 is ~2.7× cheaper than Kimi K3 (batch) on output tokens ($4.18 vs $11.4 per M tokens).

Choose Kimi K3 (batch) if…
  • You want to self-host or run on your cloud
  • You prioritize data privacy & control
  • You are building open or reproducible AI
Choose Mistral Large 4 if…
  • You want to self-host or run on your cloud
  • You prioritize data privacy & control
  • You want the lowest operating costs
  • You are building open or reproducible AI

Feature comparison

CapabilityKimi K3 (batch)Mistral Large 4
Open weights (downloadable)✓✓
Self-hostable✓✓
Runs fully offline✓✓
Vision / multimodal✓✓
Tool / function calling✓✓
1M+ context window✓✓

Benchmarks: Kimi K3 (batch) vs Mistral Large 4

Independent benchmark scores measured by Artificial Analysis. Higher is better (except latency).

Mistral Large 4 delivers 2.5× more intelligence per dollar.
Kimi K3 (batch)
Mistral Large 4
Intelligence index
43.6
38.4
Coding index
76.2
–
GPQA
93.5%
–
Humanity's Last Exam
46.9%
35%
Long Context Reasoning
88.7%
81.3%
SciCode
59.5%
54.2%
τ-Bench Banking
46%
–
Terminal-Bench
85%
–
Speed
39.1 tok/s
79.4 tok/s
Latency
2.96s
1.03s
Intelligence per $
7.3
18.6

Benchmark data by Artificial Analysis.

How Kimi K3 (batch) and Mistral Large 4 score

🤝 Neck and neck on these criteria (4.7 vs 4.8 / 5).
CriterionKimi K3 (batch)Mistral Large 4
Cost-efficiency3.54.0
Context window5.05.0
Openness5.05.0
Self-hosting5.05.0
Multimodality5.05.0

Scores come from live data — output price (cost), context length, open vs closed weights (openness & self-hosting) and vision/tool support (multimodality). Raw task quality isn't scored here; it depends on your benchmark — see the verdict.

What each model is

Kimi K3 (batch) Open

Moonshot AI · Open-weight

Kimi K3 is a 2.8T parameter open-weight multimodal reasoning model from Moonshot AI. It is suited for complex coding, knowledge work, and long-horizon agentic workflows, and is particularly strong at...

Mistral Large 4 Open

Mistral AI · Open-weight

Mistral Large 4 is a frontier multimodal (text and image input) model from Mistral AI built for reasoning, coding, and agentic workloads. It offers a 1M-token context window with up...

Other models in these families

These variants are tracked but not compared here — one page per family keeps the comparison readable.

Other variants tracked
Kimi K3Kimi K2.6Kimi K2.7 CodeKimi K2.5Kimi K2 ThinkingKimi K2 0905Kimi K2 0711Kimi K3.1 Pro
Other variants tracked
Mistral Medium 3.5Mistral Medium 3.5 (batch)Mistral Small 4Mistral Small 4 (batch)Mistral Large 3 2512Mistral Large 3 2512 (batch)Mistral Medium 3.1Mistral Medium 3.1 (batch)Mistral Medium 3Devstral 2 2512Mistral Small 3.1 24BMistral Small 3.2 24BMistral LargeMistral Large 2407Mistral Small 3SabaMinistral 3 14B 2512Mixtral 8x22B InstructMinistral 3 8B 2512Ministral 3 8B 2512 (batch)Ministral 3 3B 2512UncensoredCodestral 2508Codestral 2508 (batch)Voxtral Small 24B 2507Mistral Nemo

Frequently asked questions

Kimi K3 (batch) vs Mistral Large 4 — which is cheaper?

Mistral Large 4 is cheaper on output ($4.18/M vs $11.4/M).

Which has the larger context window?

Kimi K3 (batch) offers the larger context window (1M tokens).

Kimi K3 (batch) vs Mistral Large 4 — which should I pick in 2026?

Choose Mistral Large 4 for the lower output price ($4.18/M vs $11.4/M). Choose Kimi K3 (batch) if you need the larger 1M context window.

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