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Comparison · 2 models · Updated Nov 2, 2026

Mercury 2.5 vs Qwen3.8 Flash Next

Qwen3.8 Flash Next comes out ahead, 65 to 55 on our weighted score, and it is the cheaper option too.

  1. Inception

    Mercury 2.5

    Released Sep 8, 2026New

    55/100
    • ECI—
    • Price$0.20 / $0.75
    • Context260K
  2. Our pick

    Alibaba (Qwen)

    Qwen3.8 Flash Next

    Released Aug 27, 2026

    65/100
    • ECI—
    • Price$0.20 / $0.50
    • Context262K
  3. Add a model

    Make it a three-way comparison.

01 — Verdict

Qwen3.8 Flash Next is our pick

Qwen3.8 Flash Next is the better all-round choice, scoring 65/100 against Mercury 2.5 (55). It leads on price and inputs & features. 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 priceQwen3.8 Flash NextQwen3.8 Flash Next $0.275 · Mercury 2.5 $0.338 per 1M tokens (3:1 blend)
  • Longest contextAbout the sameQwen3.8 Flash Next 262,144 · Mercury 2.5 260,000 tokens
  • Widest inputsQwen3.8 Flash NextMercury 2.5: Text · Qwen3.8 Flash Next: Text, Images, Video
  • Self-hostingQwen3.8 Flash NextPublishes downloadable weights (qwen-community-1.0)
How the score is built
MeasureWeightMercury 2.5Qwen3.8 Flash Next
Price50%6973
Inputs & features30%4570
Context window20%3637
Overall100%55/10065/100

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.

Mercury 2.5 vs Qwen3.8 Flash Next specifications side by side
SpecificationMercury 2.5InceptionQwen3.8 Flash NextAlibaba (Qwen)
Capability
Capabilities Index (ECI)——
ECI rank——
Price per million tokens
Input$0.20$0.20
Output$0.75$0.50 (best)
Cached input$0.02—
Blended (3:1)$0.338$0.275 (best)
Long-context rateSame rateSame rate
Price sourceOfficial Inception APIMedian of 4 providers
Limits
Context window260,000 tokens262,144 tokens (best)
Max output65,536 tokens131,072 tokens (best)
Inputs and features
TextYesYes
ImagesNoYes
PDFsNoNo
AudioNoNo
VideoNoYes
ReasoningYeslow · medium · highYes
Tool callingYesYes
Structured outputYesNo
Availability
WeightsProprietaryOpenqwen-community-1.0
API model IDmercury-2.5—
API providers6 (best)5
ReleasedSep 8, 2026Aug 27, 2026
Knowledge cutoff——
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.

  • Mercury 2.5$3.50
  • Qwen3.8 Flash Next$3.00
04 — Questions

Which should you choose?

Which is better: Mercury 2.5 or Qwen3.8 Flash Next?

Qwen3.8 Flash Next is the better all-round choice, scoring 65/100 against Mercury 2.5 (55). It leads on price and inputs & features. 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, Mercury 2.5 or Qwen3.8 Flash Next?

Qwen3.8 Flash Next is cheaper at $0.20 input / $0.50 output per million tokens (median across 4 API providers). Mercury 2.5 costs $0.20 input / $0.75 output per million tokens (official Inception API price). At a typical mix of three input tokens to one output token, that is $0.275 per million tokens for Qwen3.8 Flash Next versus $0.338 for Mercury 2.5 (1.2× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers both models yet. Mercury 2.5 has not been scored yet and Qwen3.8 Flash Next has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Mercury 2.5 and Qwen3.8 Flash Next yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Both support tool calling for agent workflows.

Which has the bigger context window?

Their context windows are effectively the same size: Mercury 2.5 260,000 and Qwen3.8 Flash Next 262,144 tokens. Maximum output per response: Mercury 2.5 up to 65,536, Qwen3.8 Flash Next up to 131,072 tokens.

Which can read images, PDFs, audio or video?

Mercury 2.5 accepts text; Qwen3.8 Flash Next accepts text, images and video. Qwen3.8 Flash Next handles the widest range of inputs.

Are any of these open source?

Qwen3.8 Flash Next publishes its weights (qwen-community-1.0) and can be self-hosted; Mercury 2.5 is proprietary.

Which is newer?

Mercury 2.5 is the newest, released Sep 8, 2026. Qwen3.8 Flash Next came out Aug 27, 2026.

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 Nov 2, 2026.