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Comparison · 2 models · Updated Oct 4, 2026

Qwen3.5 122B-A10B vs Mistral Small 4

Mistral Small 4 comes out ahead, 64 to 58 on our weighted score, and it is the cheaper option too.

  1. Alibaba (Qwen)

    Qwen3.5 122B-A10B

    Released Feb 23, 2026

    58/100
    • ECI—
    • Price$0.40 / $3.20
    • Context262K
  2. Our pick

    Mistral AI

    Mistral Small 4

    Released Mar 16, 2026

    64/100
    • ECI—
    • Price$0.15 / $0.60
    • Context256K
  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 Qwen3.5 122B-A10B (58). It leads on price. Qwen3.5 122B-A10B wins 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 priceMistral Small 4Mistral Small 4 $0.263 · Qwen3.5 122B-A10B $1.10 per 1M tokens (3:1 blend)
  • Longest contextQwen3.5 122B-A10BQwen3.5 122B-A10B 262,144 · Mistral Small 4 256,000 tokens
  • Widest inputsQwen3.5 122B-A10BQwen3.5 122B-A10B: Text, Images, Audio, Video · Mistral Small 4: Text, Images
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightQwen3.5 122B-A10BMistral Small 4
Price50%4877
Inputs & features30%9060
Context window20%3736
Overall100%58/10064/100

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.

Qwen3.5 122B-A10B vs Mistral Small 4 specifications side by side
SpecificationQwen3.5 122B-A10BAlibaba (Qwen)Mistral Small 4Mistral AI
Capability
Capabilities Index (ECI)——
ECI rank——
Price per million tokens
Input$0.40$0.15 (best)
Output$3.20$0.60 (best)
Cached input—$0.015
Blended (3:1)$1.10$0.263 (best)
Long-context rateSame rateSame rate
Price sourceOfficial Alibaba APIOfficial Mistral API
Limits
Context window262,144 tokens (best)256,000 tokens
Max output65,536 tokens256,000 tokens (best)
Inputs and features
TextYesYes
ImagesYesYes
PDFsNoNo
AudioYesNo
VideoYesNo
ReasoningYesYeshigh
Tool callingYesYes
Structured outputYesNo
Availability
WeightsOpenOpen
API model IDqwen3.5-122b-a10bmistral-small-2603
API providers19 (best)16
ReleasedFeb 23, 2026Mar 16, 2026
Knowledge cutoff—Jun 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.

  • Qwen3.5 122B-A10B$10.40
  • Mistral Small 4$2.70
04 — Questions

Which should you choose?

Which is better: Qwen3.5 122B-A10B or Mistral Small 4?

Mistral Small 4 is the better all-round choice, scoring 64/100 against Qwen3.5 122B-A10B (58). It leads on price. Qwen3.5 122B-A10B wins 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, Qwen3.5 122B-A10B or Mistral Small 4?

Mistral Small 4 is cheaper at $0.15 input / $0.60 output per million tokens (official Mistral API price). Qwen3.5 122B-A10B costs $0.40 input / $3.20 output per million tokens (official Alibaba 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 $1.10 for Qwen3.5 122B-A10B (4.2× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers both models yet. Qwen3.5 122B-A10B has not been scored yet and Mistral Small 4 has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Qwen3.5 122B-A10B and Mistral Small 4 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?

Qwen3.5 122B-A10B has the largest context window at 262,144 tokens, against 256,000 for Mistral Small 4. Maximum output per response: Qwen3.5 122B-A10B up to 65,536, Mistral Small 4 up to 256,000 tokens.

Which can read images, PDFs, audio or video?

Qwen3.5 122B-A10B accepts text, images, audio and video; Mistral Small 4 accepts text and images. Qwen3.5 122B-A10B 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?

Mistral Small 4 is the newest, released Mar 16, 2026. Qwen3.5 122B-A10B came out Feb 23, 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.