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Comparison · 3 models · Updated Oct 4, 2026

Phi-4-mini vs Pixtral Large (25.02) vs Qwen3-Coder 480B-A35B Instruct

Phi-4-mini comes out ahead, 58 to 33 and 28 on our weighted score, and it is the cheaper option too.

  1. Our pick

    Microsoft

    Phi-4-mini

    Released Dec 11, 2024

    58/100
    • ECI—
    • Price$0.075 / $0.30
    • Context128K
  2. Mistral AI

    Pixtral Large (25.02)

    Released Apr 8, 2025

    33/100
    • ECI—
    • Price$2.00 / $6.00
    • Context128K
  3. Alibaba (Qwen)

    Qwen3-Coder 480B-A35B Instruct

    Released Apr 2025

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

Phi-4-mini is our pick

Phi-4-mini is the better all-round choice, scoring 58/100 against Pixtral Large (25.02) (33) and Qwen3-Coder 480B-A35B Instruct (28). It leads on price. Pixtral Large (25.02) wins on inputs & features. Qwen3-Coder 480B-A35B Instruct wins 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 pricePhi-4-miniPhi-4-mini $0.131 · Pixtral Large (25.02) $3.00 · Qwen3-Coder 480B-A35B Instruct $3.00 per 1M tokens (3:1 blend)
  • Longest contextQwen3-Coder 480B-A35B InstructQwen3-Coder 480B-A35B Instruct 262,144 · Phi-4-mini 128,000 · Pixtral Large (25.02) 128,000 tokens
  • Widest inputsPixtral Large (25.02)Phi-4-mini: Text · Pixtral Large (25.02): Text, Images · Qwen3-Coder 480B-A35B Instruct: Text
  • Self-hostingPhi-4-mini and Qwen3-Coder 480B-A35B InstructPublishes downloadable weights
How the score is built
MeasureWeightPhi-4-miniPixtral Large (25.02)Qwen3-Coder 480B-A35B Instruct
Price50%922727
Inputs & features30%255025
Context window20%242437
Overall100%58/10033/10028/100

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.

Phi-4-mini vs Pixtral Large (25.02) vs Qwen3-Coder 480B-A35B Instruct specifications side by side
SpecificationPhi-4-miniMicrosoftPixtral Large (25.02)Mistral AIQwen3-Coder 480B-A35B InstructAlibaba (Qwen)
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$0.075 (best)$2.00$1.50
Output$0.30 (best)$6.00$7.50
Cached input———
Blended (3:1)$0.131 (best)$3.00$3.00
Long-context rateSame rateSame rateOver 32K: $2.70 / $13.50
Price sourceOfficial Azure APIMedian of 3 providersOfficial Alibaba API
Limits
Context window128,000 tokens128,000 tokens262,144 tokens (best)
Max output4,096 tokens8,192 tokens65,536 tokens (best)
Inputs and features
TextYesYesYes
ImagesNoYesNo
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningNoNoNo
Tool callingYesYesYes
Structured outputNoNoNo
Availability
WeightsOpenProprietaryOpen
API model IDphi-4-mini—qwen3-coder-480b-a35b-instruct
API providers137 (best)
ReleasedDec 11, 2024Apr 8, 2025Apr 2025
Knowledge cutoffOct 2023—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.

  • Phi-4-mini$1.35
  • Pixtral Large (25.02)$32.00
  • Qwen3-Coder 480B-A35B Instruct$30.00
04 — Questions

Which should you choose?

Which is better: Phi-4-mini, Pixtral Large (25.02) or Qwen3-Coder 480B-A35B Instruct?

Phi-4-mini is the better all-round choice, scoring 58/100 against Pixtral Large (25.02) (33) and Qwen3-Coder 480B-A35B Instruct (28). It leads on price. Pixtral Large (25.02) wins on inputs & features. Qwen3-Coder 480B-A35B Instruct wins 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, Phi-4-mini, Pixtral Large (25.02) or Qwen3-Coder 480B-A35B Instruct?

Phi-4-mini is cheaper at $0.075 input / $0.30 output per million tokens (official Azure API price). Pixtral Large (25.02) costs $2.00 input / $6.00 output per million tokens (median across 3 API providers); 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 $0.131 per million tokens for Phi-4-mini versus $3.00 for Pixtral Large (25.02) (23× as much) and $3.00 for Qwen3-Coder 480B-A35B Instruct (23× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. Phi-4-mini has not been scored yet, Pixtral Large (25.02) 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 Phi-4-mini, Pixtral Large (25.02) 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?

Qwen3-Coder 480B-A35B Instruct has the largest context window at 262,144 tokens, against 128,000 for Phi-4-mini and 128,000 for Pixtral Large (25.02). Maximum output per response: Phi-4-mini up to 4,096, Pixtral Large (25.02) up to 8,192, Qwen3-Coder 480B-A35B Instruct up to 65,536 tokens.

Which can read images, PDFs, audio or video?

Phi-4-mini accepts text; Pixtral Large (25.02) accepts text and images; Qwen3-Coder 480B-A35B Instruct accepts text. Pixtral Large (25.02) handles the widest range of inputs.

Are any of these open source?

Phi-4-mini and Qwen3-Coder 480B-A35B Instruct publishes its weights and can be self-hosted; Pixtral Large (25.02) is proprietary.

Which is newer?

Pixtral Large (25.02) is the newest, released Apr 8, 2025. Qwen3-Coder 480B-A35B Instruct came out Apr 2025; Phi-4-mini came out Dec 11, 2024. Knowledge cutoff: Phi-4-mini Oct 2023, 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.