Magistral Medium vs Palmyra X5 vs QVQ Max
Palmyra X5 comes out ahead, 48 to 40 and 30 on our weighted score, and it is the cheaper option too.
Mistral AIMagistral Medium
30/100- ECI—
- Price$2.00 / $5.00
- Context128K
- Our pick
Writer
Palmyra X5
48/100- ECI—
- Price$0.60 / $6.00
- Context1M
Alibaba (Qwen)QVQ Max
40/100- ECI—
- Price$1.20 / $4.80
- Context131K
Palmyra X5 is our pick
Palmyra X5 is the better all-round choice, scoring 48/100 against QVQ Max (40) and Magistral Medium (30). It leads on 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 pricePalmyra X5Palmyra X5 $1.95 · QVQ Max $2.10 · Magistral Medium $2.75 per 1M tokens (3:1 blend)
- Longest contextPalmyra X5Palmyra X5 1,000,000 · QVQ Max 131,072 · Magistral Medium 128,000 tokens
- Widest inputsPalmyra X5 and QVQ MaxMagistral Medium: Text · Palmyra X5: Text, Images · QVQ Max: Text, Images
- Self-hostingNo open weightsAll three are available only through APIs
| Measure | Weight | Magistral Medium | Palmyra X5 | QVQ Max |
|---|---|---|---|---|
| Price | 50% | 29 | 36 | 35 |
| Inputs & features | 30% | 35 | 60 | 60 |
| Context window | 20% | 24 | 60 | 24 |
| Overall | 100% | 30/100 | 48/100 | 40/100 |
Left out because at least one model lacks the data: capability. The remaining weights were rescaled.
Every spec in one table
Highlighted cells lead their row. Dashes mean the data is not published.
| Specification | Magistral MediumMistral AI | Palmyra X5Writer | QVQ MaxAlibaba (Qwen) |
|---|---|---|---|
| Capability | |||
| Capabilities Index (ECI) | — | — | — |
| ECI rank | — | — | — |
| Price per million tokens | |||
| Input | $2.00 | $0.60 (best) | $1.20 |
| Output | $5.00 | $6.00 | $4.80 (best) |
| Cached input | — | — | — |
| Blended (3:1) | $2.75 | $1.95 (best) | $2.10 |
| Long-context rate | Same rate | Same rate | Same rate |
| Price source | Official Mistral API | Median of 1 providers | Official Alibaba API |
| Limits | |||
| Context window | 128,000 tokens | 1,000,000 tokens (best) | 131,072 tokens |
| Max output | 16,384 tokens (best) | 8,192 tokens | 8,192 tokens |
| Inputs and features | |||
| Text | Yes | Yes | Yes |
| Images | No | Yes | Yes |
| PDFs | No | No | No |
| Audio | No | No | No |
| Video | No | No | No |
| Reasoning | Yes | Yes | Yes |
| Tool calling | Yes | Yes | Yes |
| Structured output | No | No | No |
| Availability | |||
| Weights | Proprietary | Proprietary | Proprietary |
| API model ID | magistral-medium-latest | — | qvq-max |
| API providers | 4 (best) | 1 | 1 |
| Released | Mar 17, 2025 | Apr 28, 2025 | Mar 25, 2025 |
| Knowledge cutoff | Jun 2025 | — | Apr 2024 |
What would a month cost?
Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.
- Magistral Medium$30.00
- Palmyra X5$18.00
- QVQ Max$21.60
Which should you choose?
Which is better: Magistral Medium, Palmyra X5 or QVQ Max?
Palmyra X5 is the better all-round choice, scoring 48/100 against QVQ Max (40) and Magistral Medium (30). It leads on 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, Magistral Medium, Palmyra X5 or QVQ Max?
Palmyra X5 is cheaper at $0.60 input / $6.00 output per million tokens (median across 1 API provider). QVQ Max costs $1.20 input / $4.80 output per million tokens (official Alibaba API price); Magistral Medium costs $2.00 input / $5.00 output per million tokens (official Mistral API price). At a typical mix of three input tokens to one output token, that is $1.95 per million tokens for Palmyra X5 versus $2.10 for QVQ Max (1.1× as much) and $2.75 for Magistral Medium (1.4× as much).
Which scores higher on benchmarks?
There is no independent benchmark that covers all three models yet. Magistral Medium has not been scored yet, Palmyra X5 has not been scored yet and QVQ Max has not been scored yet.
Which is better for coding?
There are no published SWE-bench Verified results for Magistral Medium, Palmyra X5 and QVQ Max 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?
Palmyra X5 has the largest context window at 1,000,000 tokens, against 131,072 for QVQ Max and 128,000 for Magistral Medium. Maximum output per response: Magistral Medium up to 16,384, Palmyra X5 up to 8,192, QVQ Max up to 8,192 tokens.
Which can read images, PDFs, audio or video?
Magistral Medium accepts text; Palmyra X5 accepts text and images; QVQ Max accepts text and images. Palmyra X5 handles the widest range of inputs.
Are any of these open source?
No. Magistral Medium, Palmyra X5 and QVQ Max are proprietary and only available through APIs and apps.
Which is newer?
Palmyra X5 is the newest, released Apr 28, 2025. QVQ Max came out Mar 25, 2025; Magistral Medium came out Mar 17, 2025. Knowledge cutoff: Magistral Medium Jun 2025, QVQ Max Apr 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.
