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Comparison · 3 models · Updated Oct 4, 2026

Qwen3.8 Flash vs MiMo-V2.5 vs Hy3

Too close to call on our weighted score (MiMo-V2.5 79, Qwen3.8 Flash 76, Hy3 58). The right pick depends on what you value most.

  1. Alibaba (Qwen)

    Qwen3.8 Flash

    Released Aug 26, 2026

    76/100
    • ECI—
    • Price$0.15 / $0.47
    • Context1M
  2. Xiaomi

    MiMo-V2.5

    Released Apr 22, 2026

    79/100
    • ECI—
    • Price$0.14 / $0.28
    • Context1.05M
  3. Tencent

    Hy3

    Released Jul 6, 2026

    58/100
    • ECI—
    • Price$0.132 / $0.53
    • Context256K
01 — Verdict

Too close to call

It is close. Our weighted score puts them within 3 points (MiMo-V2.5 79/100, Qwen3.8 Flash 76/100, Hy3 58/100), so choose by what matters most for your work: MiMo-V2.5 on price and MiMo-V2.5 for long inputs. 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 priceMiMo-V2.5MiMo-V2.5 $0.175 · Qwen3.8 Flash $0.23 · Hy3 $0.232 per 1M tokens (3:1 blend)
  • Longest contextMiMo-V2.5MiMo-V2.5 1,048,576 · Qwen3.8 Flash 1,000,000 · Hy3 256,000 tokens
  • Widest inputsMiMo-V2.5Qwen3.8 Flash: Text, Images, Video · MiMo-V2.5: Text, Images, Audio, Video · Hy3: Text
  • Self-hostingMiMo-V2.5 and Hy3Publishes downloadable weights
How the score is built
MeasureWeightQwen3.8 FlashMiMo-V2.5Hy3
Price50%808680
Inputs & features30%808035
Context window20%606136
Overall100%76/10079/10058/100

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.

Qwen3.8 Flash vs MiMo-V2.5 vs Hy3 specifications side by side
SpecificationQwen3.8 FlashAlibaba (Qwen)MiMo-V2.5XiaomiHy3Tencent
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$0.15$0.14$0.132 (best)
Output$0.47$0.28 (best)$0.53
Cached input$0.016$0.0028 (best)—
Blended (3:1)$0.23$0.175 (best)$0.232
Long-context rateSame rateSame rateSame rate
Price sourceOfficial Alibaba APIOfficial Xiaomi APIMedian of 15 providers
Limits
Context window1,000,000 tokens1,048,576 tokens (best)256,000 tokens
Max output131,072 tokens (best)131,072 tokens (best)128,000 tokens
Inputs and features
TextYesYesYes
ImagesYesYesNo
PDFsNoNoNo
AudioNoYesNo
VideoYesYesNo
ReasoningYeslow · medium · xhighYesYeshigh
Tool callingYesYesYes
Structured outputYesNoNo
Availability
WeightsProprietaryOpenOpen
API model IDqwen3.8-flashmimo-v2.5hy3
API providers23 (best)2118
ReleasedAug 26, 2026Apr 22, 2026Jul 6, 2026
Knowledge cutoff—Dec 2024—
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.

  • Qwen3.8 Flash$2.44
  • MiMo-V2.5$1.96
  • Hy3$2.38
04 — Questions

Which should you choose?

Which is better: Qwen3.8 Flash, MiMo-V2.5 or Hy3?

It is close. Our weighted score puts them within 3 points (MiMo-V2.5 79/100, Qwen3.8 Flash 76/100, Hy3 58/100), so choose by what matters most for your work: MiMo-V2.5 on price and MiMo-V2.5 for long inputs. 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, Qwen3.8 Flash, MiMo-V2.5 or Hy3?

MiMo-V2.5 is cheaper at $0.14 input / $0.28 output per million tokens (official Xiaomi API price). Qwen3.8 Flash costs $0.15 input / $0.47 output per million tokens (official Alibaba API price); Hy3 costs $0.132 input / $0.53 output per million tokens (median across 15 API providers; free on Tencent TokenHub). At a typical mix of three input tokens to one output token, that is $0.175 per million tokens for MiMo-V2.5 versus $0.23 for Qwen3.8 Flash (1.3× as much) and $0.232 for Hy3 (1.3× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. Qwen3.8 Flash has not been scored yet, MiMo-V2.5 has not been scored yet and Hy3 has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Qwen3.8 Flash, MiMo-V2.5 and Hy3 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-V2.5 has the largest context window at 1,048,576 tokens, against 1,000,000 for Qwen3.8 Flash and 256,000 for Hy3. Maximum output per response: Qwen3.8 Flash up to 131,072, MiMo-V2.5 up to 131,072, Hy3 up to 128,000 tokens.

Which can read images, PDFs, audio or video?

Qwen3.8 Flash accepts text, images and video; MiMo-V2.5 accepts text, images, audio and video; Hy3 accepts text. MiMo-V2.5 handles the widest range of inputs.

Are any of these open source?

MiMo-V2.5 and Hy3 publishes its weights and can be self-hosted; Qwen3.8 Flash is proprietary.

Which is newer?

Qwen3.8 Flash is the newest, released Aug 26, 2026. Hy3 came out Jul 6, 2026; MiMo-V2.5 came out Apr 22, 2026. Knowledge cutoff: MiMo-V2.5 Dec 2024.

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.