Hy3 Open vs 
Mistral Large 4 Open
Hy3 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.
$0.33 /M outputNo per-token fees if you self-host
$4.18 /M outputNo per-token fees if you self-host
Hy3 vs Mistral Large 4 specs
| Spec | Hy3 | Mistral Large 4 | Winner |
|---|---|---|---|
| Maker | Tencent | Mistral AI | – |
| Type | Open-weight | Open-weight | – |
| Context window | 262K tokens | 1M tokens | |
| Input price | $0.08/M · free self-host | $1.36/M · free self-host | |
| Output price | $0.33/M · free self-host | $4.18/M · free self-host | |
| Vision / multimodal | No | Yes | |
| Tool / function calling | Yes | Yes | = Tie |
| Self-hostable | Yes | Yes | = Tie |
| License | Open weights | Apache 2.0 | – |
Price gap & when to choose each
Hy3 is ~13× cheaper than Mistral Large 4 on output tokens ($0.33 vs $4.18 per M tokens).
- 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
- You want to self-host or run on your cloud
- You need the longer 1M context window
- You prioritize data privacy & control
- You are building open or reproducible AI
Feature comparison
| Capability | Hy3 | Mistral Large 4 |
|---|---|---|
| Open weights (downloadable) | ✓ | ✓ |
| Self-hostable | ✓ | ✓ |
| Runs fully offline | ✓ | ✓ |
| Vision / multimodal | ✗ | ✓ |
| Tool / function calling | ✓ | ✓ |
| 1M+ context window | ✗ | ✓ |
Benchmarks: Hy3 vs Mistral Large 4
Independent benchmark scores measured by Artificial Analysis. Higher is better (except latency).
Benchmark data by Artificial Analysis.
How Hy3 and Mistral Large 4 score
| Criterion | Hy3 | Mistral Large 4 |
|---|---|---|
| Cost-efficiency | 5.0 | 4.0 |
| Context window | 4.0 | 5.0 |
| Openness | 5.0 | 5.0 |
| Self-hosting | 5.0 | 5.0 |
| Multimodality | 3.5 | 5.0 |
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
Hy3 Open
Hy3 is a 295B-parameter Mixture-of-Experts model from Tencent (21B active, 192 experts with top-8 routing) built for reasoning, agentic workflows, and real-world production use. It supports a configurable reasoning effort:...
Mistral Large 4 Open
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.
Frequently asked questions
Hy3 vs Mistral Large 4 — which is cheaper?
Hy3 is cheaper on output ($0.33/M vs $4.18/M).
Which has the larger context window?
Mistral Large 4 offers the larger context window (1M tokens).
Hy3 vs Mistral Large 4 — which should I pick in 2026?
Choose Hy3 for the lower output price ($0.33/M vs $4.18/M). Choose Mistral Large 4 if you need the larger 1M context window.
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