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Comparison · 3 models · Updated Oct 4, 2026

Magistral Medium vs Palmyra X5 vs Qwen3-Coder 480B-A35B Instruct

Palmyra X5 comes out ahead, 48 to 30 and 28 on our weighted score, and it is the cheaper option too.

  1. Mistral AI

    Magistral Medium

    Released Mar 17, 2025

    30/100
    • ECI—
    • Price$2.00 / $5.00
    • Context128K
  2. Our pick

    Writer

    Palmyra X5

    Released Apr 28, 2025

    48/100
    • ECI—
    • Price$0.60 / $6.00
    • Context1M
  3. Alibaba (Qwen)

    Qwen3-Coder 480B-A35B Instruct

    Released Apr 2025

    28/100
    • ECI—
    • Price$1.50 / $7.50
    • Context262K
01 — Verdict

Palmyra X5 is our pick

Palmyra X5 is the better all-round choice, scoring 48/100 against Magistral Medium (30) and Qwen3-Coder 480B-A35B Instruct (28). 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 pricePalmyra X5Palmyra X5 $1.95 · Magistral Medium $2.75 · Qwen3-Coder 480B-A35B Instruct $3.00 per 1M tokens (3:1 blend)
  • Longest contextPalmyra X5Palmyra X5 1,000,000 · Qwen3-Coder 480B-A35B Instruct 262,144 · Magistral Medium 128,000 tokens
  • Widest inputsPalmyra X5Magistral Medium: Text · Palmyra X5: Text, Images · Qwen3-Coder 480B-A35B Instruct: Text
  • Self-hostingQwen3-Coder 480B-A35B InstructPublishes downloadable weights
How the score is built
MeasureWeightMagistral MediumPalmyra X5Qwen3-Coder 480B-A35B Instruct
Price50%293627
Inputs & features30%356025
Context window20%246037
Overall100%30/10048/10028/100

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.

Magistral Medium vs Palmyra X5 vs Qwen3-Coder 480B-A35B Instruct specifications side by side
SpecificationMagistral MediumMistral AIPalmyra X5WriterQwen3-Coder 480B-A35B InstructAlibaba (Qwen)
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$2.00$0.60 (best)$1.50
Output$5.00 (best)$6.00$7.50
Cached input———
Blended (3:1)$2.75$1.95 (best)$3.00
Long-context rateSame rateSame rateOver 32K: $2.70 / $13.50
Price sourceOfficial Mistral APIMedian of 1 providersOfficial Alibaba API
Limits
Context window128,000 tokens1,000,000 tokens (best)262,144 tokens
Max output16,384 tokens8,192 tokens65,536 tokens (best)
Inputs and features
TextYesYesYes
ImagesNoYesNo
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningYesYesNo
Tool callingYesYesYes
Structured outputNoNoNo
Availability
WeightsProprietaryProprietaryOpen
API model IDmagistral-medium-latest—qwen3-coder-480b-a35b-instruct
API providers417 (best)
ReleasedMar 17, 2025Apr 28, 2025Apr 2025
Knowledge cutoffJun 2025—Apr 2025
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.

  • Magistral Medium$30.00
  • Palmyra X5$18.00
  • Qwen3-Coder 480B-A35B Instruct$30.00
04 — Questions

Which should you choose?

Which is better: Magistral Medium, Palmyra X5 or Qwen3-Coder 480B-A35B Instruct?

Palmyra X5 is the better all-round choice, scoring 48/100 against Magistral Medium (30) and Qwen3-Coder 480B-A35B Instruct (28). 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, Magistral Medium, Palmyra X5 or Qwen3-Coder 480B-A35B Instruct?

Palmyra X5 is cheaper at $0.60 input / $6.00 output per million tokens (median across 1 API provider). Magistral Medium costs $2.00 input / $5.00 output per million tokens (official Mistral API price); Qwen3-Coder 480B-A35B Instruct costs $1.50 input / $7.50 output per million tokens (official Alibaba 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 $2.75 for Magistral Medium (1.4× as much) and $3.00 for Qwen3-Coder 480B-A35B Instruct (1.5× 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 Qwen3-Coder 480B-A35B Instruct has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Magistral Medium, Palmyra X5 and Qwen3-Coder 480B-A35B Instruct 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 262,144 for Qwen3-Coder 480B-A35B Instruct and 128,000 for Magistral Medium. Maximum output per response: Magistral Medium up to 16,384, Palmyra X5 up to 8,192, Qwen3-Coder 480B-A35B Instruct up to 65,536 tokens.

Which can read images, PDFs, audio or video?

Magistral Medium accepts text; Palmyra X5 accepts text and images; Qwen3-Coder 480B-A35B Instruct accepts text. Palmyra X5 handles the widest range of inputs.

Are any of these open source?

Qwen3-Coder 480B-A35B Instruct publishes its weights and can be self-hosted; Magistral Medium and Palmyra X5 is proprietary.

Which is newer?

Palmyra X5 is the newest, released Apr 28, 2025. Qwen3-Coder 480B-A35B Instruct came out Apr 2025; Magistral Medium came out Mar 17, 2025. Knowledge cutoff: Magistral Medium Jun 2025, Qwen3-Coder 480B-A35B Instruct Apr 2025.

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.