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Comparison · 2 models · Updated Oct 4, 2026

Mistral Small 4 vs MiniMax-M2.7-highspeed

Mistral Small 4 comes out ahead, 64 to 41 on our weighted score, and it is the cheaper option too.

  1. Our pick

    Mistral AI

    Mistral Small 4

    Released Mar 16, 2026

    64/100
    • ECI—
    • Price$0.15 / $0.60
    • Context256K
    Full specs Remove Mistral Small 4

  2. MiniMax

    MiniMax-M2.7-highspeed

    Released Mar 18, 2026

    41/100
    • ECI—
    • Price$0.60 / $2.40
    • Context205K
    Full specs Remove MiniMax-M2.7-highspeed

  3. Add a model

    Make it a three-way comparison.

01 — Verdict

Mistral Small 4 is our pick

Mistral Small 4 is the better all-round choice, scoring 64/100 against MiniMax-M2.7-highspeed (41). 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 priceMistral Small 4Mistral Small 4 $0.263 · MiniMax-M2.7-highspeed $1.05 per 1M tokens (3:1 blend)
  • Longest contextMistral Small 4Mistral Small 4 256,000 · MiniMax-M2.7-highspeed 204,800 tokens
  • Widest inputsMistral Small 4Mistral Small 4: Text, Images · MiniMax-M2.7-highspeed: Text
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightMistral Small 4MiniMax-M2.7-highspeed
Price50%7749
Inputs & features30%6035
Context window20%3632
Overall100%64/10041/100

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.

Mistral Small 4 vs MiniMax-M2.7-highspeed specifications side by side
SpecificationMistral Small 4Mistral AIMiniMax-M2.7-highspeedMiniMax
Capability
Capabilities Index (ECI)——
ECI rank——
Price per million tokens
Input$0.15 (best)$0.60
Output$0.60 (best)$2.40
Cached input$0.015 (best)$0.06
Blended (3:1)$0.263 (best)$1.05
Long-context rateSame rateSame rate
Price sourceOfficial Mistral APIOfficial MiniMax (minimax.io) API
Limits
Context window256,000 tokens (best)204,800 tokens
Max output256,000 tokens (best)131,072 tokens
Inputs and features
TextYesYes
ImagesYesNo
PDFsNoNo
AudioNoNo
VideoNoNo
ReasoningYeshighYes
Tool callingYesYes
Structured outputNoNo
Availability
WeightsOpenOpen
API model IDmistral-small-2603MiniMax-M2.7-highspeed
API providers16 (best)14
ReleasedMar 16, 2026Mar 18, 2026
Knowledge cutoffJun 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.

  • Mistral Small 4$2.70
  • MiniMax-M2.7-highspeed$10.80
04 — Questions

Which should you choose?

Which is better: Mistral Small 4 or MiniMax-M2.7-highspeed?

Mistral Small 4 is the better all-round choice, scoring 64/100 against MiniMax-M2.7-highspeed (41). 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, Mistral Small 4 or MiniMax-M2.7-highspeed?

Mistral Small 4 is cheaper at $0.15 input / $0.60 output per million tokens (official Mistral API price). MiniMax-M2.7-highspeed costs $0.60 input / $2.40 output per million tokens (official MiniMax (minimax.io) API price). At a typical mix of three input tokens to one output token, that is $0.263 per million tokens for Mistral Small 4 versus $1.05 for MiniMax-M2.7-highspeed (4× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers both models yet. Mistral Small 4 has not been scored yet and MiniMax-M2.7-highspeed has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Mistral Small 4 and MiniMax-M2.7-highspeed 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?

Mistral Small 4 has the largest context window at 256,000 tokens, against 204,800 for MiniMax-M2.7-highspeed. Maximum output per response: Mistral Small 4 up to 256,000, MiniMax-M2.7-highspeed up to 131,072 tokens.

Which can read images, PDFs, audio or video?

Mistral Small 4 accepts text and images; MiniMax-M2.7-highspeed accepts text. Mistral Small 4 handles the widest range of inputs.

Are any of these open source?

Yes, both publish their weights, so you can self-host them.

Which is newer?

MiniMax-M2.7-highspeed is the newest, released Mar 18, 2026. Mistral Small 4 came out Mar 16, 2026. Knowledge cutoff: Mistral Small 4 Jun 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.

05 — Keep comparing

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