ZMIME
Comparison · 3 models · Updated Oct 4, 2026

GPT-5.1 Codex mini vs Mistral Large 2.1 vs Mistral Large 3

GPT-5.1 Codex mini comes out ahead, 59 to 50 and 26 on our weighted score, and it is the cheaper option too.

  1. Our pick

    OpenAI

    GPT-5.1 Codex mini

    Released Nov 13, 2025

    59/100
    • ECI—
    • Price$0.25 / $2.00
    • Context400K
  2. Mistral AI

    Mistral Large 2.1

    Released Nov 18, 2024

    26/100
    • ECI128.5
    • Price$2.00 / $6.00
    • Context131K
  3. Mistral AI

    Mistral Large 3

    Released Dec 2, 2025

    50/100
    • ECI—
    • Price$0.50 / $1.50
    • Context262K
01 — Verdict

GPT-5.1 Codex mini is our pick

GPT-5.1 Codex mini is the better all-round choice, scoring 59/100 against Mistral Large 3 (50) and Mistral Large 2.1 (26). It leads on price, inputs & features and context window. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest priceGPT-5.1 Codex miniGPT-5.1 Codex mini $0.688 · Mistral Large 3 $0.75 · Mistral Large 2.1 $3.00 per 1M tokens (3:1 blend)
  • Longest contextGPT-5.1 Codex miniGPT-5.1 Codex mini 400,000 · Mistral Large 3 262,144 · Mistral Large 2.1 131,072 tokens
  • Widest inputsGPT-5.1 Codex mini and Mistral Large 3GPT-5.1 Codex mini: Text, Images · Mistral Large 2.1: Text · Mistral Large 3: Text, Images
  • Self-hostingMistral Large 2.1 and Mistral Large 3Publishes downloadable weights
How the score is built
MeasureWeightGPT-5.1 Codex miniMistral Large 2.1Mistral Large 3
Price50%582756
Inputs & features30%702550
Context window20%442437
Overall100%59/10026/10050/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

GPT-5.1 Codex mini vs Mistral Large 2.1 vs Mistral Large 3 specifications side by side
SpecificationGPT-5.1 Codex miniOpenAIMistral Large 2.1Mistral AIMistral Large 3Mistral AI
Capability
Capabilities Index (ECI)—128.5—
ECI rank—#130 of 148—
GPQA DiamondGraduate-level science questions—51.3%—
OTIS Mock AIME 2024–2025Competition mathematics—7.8%—
Price per million tokens
Input$0.25 (best)$2.00$0.50
Output$2.00$6.00$1.50 (best)
Cached input——$0.05
Blended (3:1)$0.688 (best)$3.00$0.75
Long-context rateSame rateSame rateSame rate
Price sourceMedian of 10 providersOfficial Mistral APIOfficial Mistral API
Limits
Context window400,000 tokens (best)131,072 tokens262,144 tokens
Max output128,000 tokens16,384 tokens262,144 tokens (best)
Inputs and features
TextYesYesYes
ImagesYesNoYes
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningYesNoNo
Tool callingYesYesYes
Structured outputYesNoNo
Availability
WeightsProprietaryOpenOpen
API model ID—mistral-large-2411mistral-large-2512
API providers10213 (best)
ReleasedNov 13, 2025Nov 18, 2024Dec 2, 2025
Knowledge cutoffSep 30, 2024Nov 2024Nov 2024
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • GPT-5.1 Codex mini$6.50
  • Mistral Large 2.1$32.00
  • Mistral Large 3$8.00
04 — Questions

Which should you choose?

Which is better: GPT-5.1 Codex mini, Mistral Large 2.1 or Mistral Large 3?

GPT-5.1 Codex mini is the better all-round choice, scoring 59/100 against Mistral Large 3 (50) and Mistral Large 2.1 (26). It leads on price, inputs & features and context window. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, GPT-5.1 Codex mini, Mistral Large 2.1 or Mistral Large 3?

GPT-5.1 Codex mini is cheaper at $0.25 input / $2.00 output per million tokens (median across 10 API providers). Mistral Large 3 costs $0.50 input / $1.50 output per million tokens (official Mistral API price); Mistral Large 2.1 costs $2.00 input / $6.00 output per million tokens (official Mistral API price). At a typical mix of three input tokens to one output token, that is $0.688 per million tokens for GPT-5.1 Codex mini versus $0.75 for Mistral Large 3 (1.1× as much) and $3.00 for Mistral Large 2.1 (4.4× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. GPT-5.1 Codex mini has not been scored yet, Mistral Large 2.1 has an ECI of 128.5 and Mistral Large 3 has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for GPT-5.1 Codex mini, Mistral Large 2.1 and Mistral Large 3 yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. All three support tool calling for agent workflows.

Which has the bigger context window?

GPT-5.1 Codex mini has the largest context window at 400,000 tokens, against 262,144 for Mistral Large 3 and 131,072 for Mistral Large 2.1. Maximum output per response: GPT-5.1 Codex mini up to 128,000, Mistral Large 2.1 up to 16,384, Mistral Large 3 up to 262,144 tokens.

Which can read images, PDFs, audio or video?

GPT-5.1 Codex mini accepts text and images; Mistral Large 2.1 accepts text; Mistral Large 3 accepts text and images. GPT-5.1 Codex mini handles the widest range of inputs.

Are any of these open source?

Mistral Large 2.1 and Mistral Large 3 publishes its weights and can be self-hosted; GPT-5.1 Codex mini is proprietary.

Which is newer?

Mistral Large 3 is the newest, released Dec 2, 2025. GPT-5.1 Codex mini came out Nov 13, 2025; Mistral Large 2.1 came out Nov 18, 2024. Knowledge cutoff: GPT-5.1 Codex mini Sep 30, 2024, Mistral Large 2.1 Nov 2024, Mistral Large 3 Nov 2024.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Oct 4, 2026.