MiMo-V2-Flash vs Step 3.5 Flash vs Devstral Small 2
Devstral Small 2 comes out ahead, 67 to 62 and 61 on our weighted score.
XiaomiMiMo-V2-Flash
61/100- ECI—
- Price$0.14 / $0.28
- Context262K
StepFunStep 3.5 Flash
62/100- ECI—
- Price$0.10 / $0.30
- Context256K
- Our pick
Mistral AIDevstral Small 2
67/100- ECI—
- Price$0.10 / $0.30
- Context262K
Devstral Small 2 is our pick
Devstral Small 2 is the better all-round choice, scoring 67/100 against Step 3.5 Flash (62) and MiMo-V2-Flash (61). It leads on 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 priceStep 3.5 Flash and Devstral Small 2Step 3.5 Flash $0.15 · Devstral Small 2 $0.15 · MiMo-V2-Flash $0.175 per 1M tokens (3:1 blend)
- Longest contextMiMo-V2-Flash and Devstral Small 2MiMo-V2-Flash 262,144 · Devstral Small 2 262,144 · Step 3.5 Flash 256,000 tokens
- Widest inputsDevstral Small 2MiMo-V2-Flash: Text · Step 3.5 Flash: Text · Devstral Small 2: Text, Images
- Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
| Measure | Weight | MiMo-V2-Flash | Step 3.5 Flash | Devstral Small 2 |
|---|---|---|---|---|
| Price | 50% | 86 | 89 | 89 |
| Inputs & features | 30% | 35 | 35 | 50 |
| Context window | 20% | 37 | 36 | 37 |
| Overall | 100% | 61/100 | 62/100 | 67/100 |
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 | MiMo-V2-FlashXiaomi | Step 3.5 FlashStepFun | Devstral Small 2Mistral AI |
|---|---|---|---|
| Capability | |||
| Capabilities Index (ECI) | — | — | — |
| ECI rank | — | — | — |
| Price per million tokens | |||
| Input | $0.14 | $0.10 (best) | $0.10 (best) |
| Output | $0.28 (best) | $0.30 | $0.30 |
| Cached input | $0.0028 (best) | $0.02 | — |
| Blended (3:1) | $0.175 | $0.15 (best) | $0.15 (best) |
| Long-context rate | Same rate | Same rate | Same rate |
| Price source | Official Xiaomi API | Official StepFun (Global) API | Median of 1 providers |
| Limits | |||
| Context window | 262,144 tokens (best) | 256,000 tokens | 262,144 tokens (best) |
| Max output | 65,536 tokens | 256,000 tokens | 262,144 tokens (best) |
| Inputs and features | |||
| Text | Yes | Yes | Yes |
| Images | No | No | Yes |
| PDFs | No | No | No |
| Audio | No | No | No |
| Video | No | No | No |
| Reasoning | Yes | Yeslow · high | No |
| Tool calling | Yes | Yes | Yes |
| Structured output | No | No | No |
| Availability | |||
| Weights | Open | Open | OpenApache-2.0 |
| API model ID | mimo-v2-flash | step-3.5-flash | — |
| API providers | 3 | 8 (best) | 1 |
| Released | Dec 16, 2025 | Jan 29, 2026 | Dec 9, 2025 |
| Knowledge cutoff | Dec 1, 2024 | Jan 2025 | Dec 2025 |
What would a month cost?
Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.
- MiMo-V2-Flash$1.96
- Step 3.5 Flash$1.60
- Devstral Small 2$1.60
Which should you choose?
Which is better: MiMo-V2-Flash, Step 3.5 Flash or Devstral Small 2?
Devstral Small 2 is the better all-round choice, scoring 67/100 against Step 3.5 Flash (62) and MiMo-V2-Flash (61). It leads on 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, MiMo-V2-Flash, Step 3.5 Flash or Devstral Small 2?
Step 3.5 Flash is cheaper at $0.10 input / $0.30 output per million tokens (official StepFun (Global) API price). Devstral Small 2 costs $0.10 input / $0.30 output per million tokens (median across 1 API provider); MiMo-V2-Flash costs $0.14 input / $0.28 output per million tokens (official Xiaomi API price). At a typical mix of three input tokens to one output token, that is $0.15 per million tokens for Step 3.5 Flash versus $0.15 for Devstral Small 2 (1× as much) and $0.175 for MiMo-V2-Flash (1.2× as much).
Which scores higher on benchmarks?
There is no independent benchmark that covers all three models yet. MiMo-V2-Flash has not been scored yet, Step 3.5 Flash has not been scored yet and Devstral Small 2 has not been scored yet.
Which is better for coding?
There are no published SWE-bench Verified results for MiMo-V2-Flash, Step 3.5 Flash and Devstral Small 2 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?
MiMo-V2-Flash and Devstral Small 2 have the largest context windows (262,144 and 262,144 tokens), against 256,000 for Step 3.5 Flash. Maximum output per response: MiMo-V2-Flash up to 65,536, Step 3.5 Flash up to 256,000, Devstral Small 2 up to 262,144 tokens.
Which can read images, PDFs, audio or video?
MiMo-V2-Flash accepts text; Step 3.5 Flash accepts text; Devstral Small 2 accepts text and images. Devstral Small 2 handles the widest range of inputs.
Are any of these open source?
Yes, all three publish their weights (Apache-2.0), so you can self-host them.
Which is newer?
Step 3.5 Flash is the newest, released Jan 29, 2026. MiMo-V2-Flash came out Dec 16, 2025; Devstral Small 2 came out Dec 9, 2025. Knowledge cutoff: MiMo-V2-Flash Dec 1, 2024, Step 3.5 Flash Jan 2025, Devstral Small 2 Dec 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.
