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Comparison · 3 models · Updated Oct 4, 2026

GPT-5.1 Codex mini vs Qwen3 Coder Next vs Mistral Large 3

GPT-5.1 Codex mini comes out ahead, 59 to 51 and 50 on our weighted score, though Qwen3 Coder Next is 35% cheaper per token.

  1. Our pick

    OpenAI

    GPT-5.1 Codex mini

    Released Nov 13, 2025

    59/100
    • ECI—
    • Price$0.25 / $2.00
    • Context400K
  2. Alibaba (Qwen)

    Qwen3 Coder Next

    Released Feb 3, 2026

    51/100
    • ECI—
    • Price$0.20 / $1.20
    • Context262K
  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 Qwen3 Coder Next (51) and Mistral Large 3 (50). It leads on inputs & features and context window. Qwen3 Coder Next wins on price. 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 priceQwen3 Coder NextQwen3 Coder Next $0.45 · GPT-5.1 Codex mini $0.688 · Mistral Large 3 $0.75 per 1M tokens (3:1 blend)
  • Longest contextGPT-5.1 Codex miniGPT-5.1 Codex mini 400,000 · Qwen3 Coder Next 262,144 · Mistral Large 3 262,144 tokens
  • Widest inputsGPT-5.1 Codex mini and Mistral Large 3GPT-5.1 Codex mini: Text, Images · Qwen3 Coder Next: Text · Mistral Large 3: Text, Images
  • Self-hostingQwen3 Coder Next and Mistral Large 3Publishes downloadable weights
How the score is built
MeasureWeightGPT-5.1 Codex miniQwen3 Coder NextMistral Large 3
Price50%586656
Inputs & features30%703550
Context window20%443737
Overall100%59/10051/10050/100

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 Qwen3 Coder Next vs Mistral Large 3 specifications side by side
SpecificationGPT-5.1 Codex miniOpenAIQwen3 Coder NextAlibaba (Qwen)Mistral Large 3Mistral AI
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$0.25$0.20 (best)$0.50
Output$2.00$1.20 (best)$1.50
Cached input——$0.05
Blended (3:1)$0.688$0.45 (best)$0.75
Long-context rateSame rateSame rateSame rate
Price sourceMedian of 10 providersMedian of 11 providersOfficial Mistral API
Limits
Context window400,000 tokens (best)262,144 tokens262,144 tokens
Max output128,000 tokens65,536 tokens262,144 tokens (best)
Inputs and features
TextYesYesYes
ImagesYesNoYes
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningYesNoNo
Tool callingYesYesYes
Structured outputYesYesNo
Availability
WeightsProprietaryOpenOpen
API model ID——mistral-large-2512
API providers101113 (best)
ReleasedNov 13, 2025Feb 3, 2026Dec 2, 2025
Knowledge cutoffSep 30, 2024Sep 2025Nov 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
  • Qwen3 Coder Next$4.40
  • Mistral Large 3$8.00
04 — Questions

Which should you choose?

Which is better: GPT-5.1 Codex mini, Qwen3 Coder Next or Mistral Large 3?

GPT-5.1 Codex mini is the better all-round choice, scoring 59/100 against Qwen3 Coder Next (51) and Mistral Large 3 (50). It leads on inputs & features and context window. Qwen3 Coder Next wins on price. 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, Qwen3 Coder Next or Mistral Large 3?

Qwen3 Coder Next is cheaper at $0.20 input / $1.20 output per million tokens (median across 11 API providers). GPT-5.1 Codex mini costs $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). At a typical mix of three input tokens to one output token, that is $0.45 per million tokens for Qwen3 Coder Next versus $0.688 for GPT-5.1 Codex mini (1.5× as much) and $0.75 for Mistral Large 3 (1.7× 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, Qwen3 Coder Next has not been scored yet 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, Qwen3 Coder Next 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 Qwen3 Coder Next and 262,144 for Mistral Large 3. Maximum output per response: GPT-5.1 Codex mini up to 128,000, Qwen3 Coder Next up to 65,536, 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; Qwen3 Coder Next 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?

Qwen3 Coder Next and Mistral Large 3 publishes its weights and can be self-hosted; GPT-5.1 Codex mini is proprietary.

Which is newer?

Qwen3 Coder Next is the newest, released Feb 3, 2026. Mistral Large 3 came out Dec 2, 2025; GPT-5.1 Codex mini came out Nov 13, 2025. Knowledge cutoff: GPT-5.1 Codex mini Sep 30, 2024, Qwen3 Coder Next Sep 2025, 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.