Hy3 Open vs 
Mistral Medium 3.1 Paid
Hy3 vs Mistral Medium 3.1 compared — price per token, context window, multimodality, openness and which to choose. Can the open-source model replace the paid one? Full 2026 breakdown.
Mistral Medium 3.1 — full profile ›
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
$2 /M outputManaged API (no infra to run)
Hy3 vs Mistral Medium 3.1 specs
| Spec | Hy3 | Mistral Medium 3.1 | Winner |
|---|---|---|---|
| Maker | Tencent | Mistral AI | – |
| Type | Open-weight | Proprietary | |
| Context window | 262K tokens | 131K tokens | |
| Input price | $0.08/M · free self-host | $0.4/M | |
| Output price | $0.33/M · free self-host | $2/M | |
| Vision / multimodal | No | Yes | |
| Tool / function calling | Yes | Yes | = Tie |
| Self-hostable | Yes | No (API only) | |
| License | Open weights | Proprietary |
Price gap & when to choose each
Hy3 is ~6.1× cheaper than Mistral Medium 3.1 on output tokens ($0.33 vs $2 per M tokens).
- You want to self-host or run on your cloud
- You need the longer 262K context window
- You prioritize data privacy & control
- You want the lowest operating costs
- You are building open or reproducible AI
- You want frontier performance through a managed API
- You value reliability & ecosystem
- You don't want to manage infrastructure
Feature comparison
| Capability | Hy3 | Mistral Medium 3.1 |
|---|---|---|
| Open weights (downloadable) | ✓ | ✗ |
| Self-hostable | ✓ | ✗ |
| Runs fully offline | ✓ | ✗ |
| Vision / multimodal | ✗ | ✓ |
| Tool / function calling | ✓ | ✓ |
| 1M+ context window | ✗ | ✗ |
Benchmarks: Hy3 vs Mistral Medium 3.1
Independent benchmark scores measured by Artificial Analysis. Higher is better (except latency).
Benchmark data by Artificial Analysis.
How Hy3 and Mistral Medium 3.1 score
| Criterion | Hy3 | Mistral Medium 3.1 |
|---|---|---|
| Cost-efficiency | 5.0 | 4.5 |
| Context window | 4.0 | 3.5 |
| Openness | 5.0 | 1.5 |
| Self-hosting | 5.0 | 1.0 |
| 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 Medium 3.1 Paid
Mistral Medium 3.1 is an updated version of Mistral Medium 3, which is a high-performance enterprise-grade language model designed to deliver frontier-level capabilities at significantly reduced operational cost. It balances...
Other models in these families
These variants are tracked but not compared here — one page per family keeps the comparison readable.
Frequently asked questions
Is Hy3 as good as Mistral Medium 3.1?
Hy3 is open-weight and competitive on many tasks, but Mistral Medium 3.1 may still lead on the hardest reasoning and agentic work. The gap keeps narrowing — benchmark both on your actual use case before deciding.
Can I run Hy3 locally?
Yes. Hy3 has open weights, so you can self-host it on your own GPUs or run it via a low-cost API. Mistral Medium 3.1 is API-only and cannot be self-hosted.
How much cheaper is Hy3?
Hy3 costs $0.33/M output vs $2/M for Mistral Medium 3.1 — roughly 6x cheaper via API, and free if you self-host.
Hy3 vs Mistral Medium 3.1 — which should I pick in 2026?
Choose Hy3 if you want to self-host, keep your data private and skip per-token fees — it's open-weight and runs on your own hardware. Choose Mistral Medium 3.1 if you want frontier capability through a managed API with zero infrastructure to run.
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