Qwen3 Max vs Mistral Medium 3.5
Mistral Medium 3.5 comes out ahead, 55 to 50 on our weighted score, though Qwen3 Max is 20% cheaper per token.
Alibaba (Qwen)
Qwen3 Max
50/100- ECI142.4
- Price$1.20 / $6.00
- Context262K
- Our pick
Mistral AI
Mistral Medium 3.5
55/100- ECI141.4
- Price$1.50 / $7.50
- Context262K
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Make it a three-way comparison.
Mistral Medium 3.5 is our pick
Mistral Medium 3.5 is the better all-round choice, scoring 55/100 against Qwen3 Max (50). It leads on inputs & features. Qwen3 Max wins on price. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.
- CapabilityQwen3 MaxCapabilities Index (ECI): Qwen3 Max 142.4 · Mistral Medium 3.5 141.4
- Lowest priceQwen3 MaxQwen3 Max $2.40 · Mistral Medium 3.5 $3.00 per 1M tokens (3:1 blend)
- Longest contextAbout the sameQwen3 Max 262,144 · Mistral Medium 3.5 262,144 tokens
- Widest inputsMistral Medium 3.5Qwen3 Max: Text · Mistral Medium 3.5: Text, Images
- Self-hostingMistral Medium 3.5Publishes downloadable weights
| Measure | Weight | Qwen3 Max | Mistral Medium 3.5 |
|---|---|---|---|
| CapabilityCapabilities Index (ECI) | 50% | 68 | 67 |
| Price | 25% | 32 | 27 |
| Inputs & features | 15% | 25 | 70 |
| Context window | 10% | 37 | 37 |
| Overall | 100% | 50/100 | 55/100 |
Every spec in one table
Highlighted cells lead their row. Dashes mean the data is not published.
| Specification | ||
|---|---|---|
| Capability | ||
| Capabilities Index (ECI) | 142.4 (best) | 141.4 |
| ECI rank | #91 of 148 (best) | #95 of 148 |
| GPQA DiamondGraduate-level science questions | 72.6% | — |
| FrontierMath Tiers 1–3Research-level mathematics | 19.0% | — |
| OTIS Mock AIME 2024–2025Competition mathematics | 73.3% | — |
| SimpleQA VerifiedShort factual questions | 48.8% | — |
| Price per million tokens | ||
| Input | $1.20 (best) | $1.50 |
| Output | $6.00 (best) | $7.50 |
| Cached input | — | $0.15 |
| Blended (3:1) | $2.40 (best) | $3.00 |
| Long-context rate | Same rate | Same rate |
| Price source | Official Alibaba API | Official Mistral API |
| Limits | ||
| Context window | 262,144 tokens | 262,144 tokens |
| Max output | 65,536 tokens | 262,144 tokens (best) |
| Inputs and features | ||
| Text | Yes | Yes |
| Images | No | Yes |
| PDFs | No | No |
| Audio | No | No |
| Video | No | No |
| Reasoning | No | Yeshigh |
| Tool calling | Yes | Yes |
| Structured output | No | Yes |
| Availability | ||
| Weights | Proprietary | Open |
| API model ID | qwen3-max | mistral-medium-2604 |
| API providers | 16 (best) | 12 |
| Released | Sep 23, 2025 | Apr 29, 2026 |
| Knowledge cutoff | Apr 2025 | — |
What would a month cost?
Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.
Qwen3 Max$24.00
Mistral Medium 3.5$30.00
Which should you choose?
Which is better: Qwen3 Max or Mistral Medium 3.5?
Mistral Medium 3.5 is the better all-round choice, scoring 55/100 against Qwen3 Max (50). It leads on inputs & features. Qwen3 Max wins on price. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.
Which is cheaper, Qwen3 Max or Mistral Medium 3.5?
Qwen3 Max is cheaper at $1.20 input / $6.00 output per million tokens (official Alibaba API price). Mistral Medium 3.5 costs $1.50 input / $7.50 output per million tokens (official Mistral API price). At a typical mix of three input tokens to one output token, that is $2.40 per million tokens for Qwen3 Max versus $3.00 for Mistral Medium 3.5 (1.3× as much).
Which scores higher on benchmarks?
Qwen3 Max scores higher on the Capabilities Index (ECI): Qwen3 Max 142.4 (#91 of 148) and Mistral Medium 3.5 141.4 (#95 of 148). The confidence ranges of the top two overlap (140.0–144.6 vs 138.4–143.7), so treat the gap as small.
Which is better for coding?
There are no published SWE-bench Verified results for Qwen3 Max and Mistral Medium 3.5 yet, so there is no like-for-like coding score. On overall capability, Qwen3 Max leads, which tends to carry over to coding, but test on your own codebase. Both support tool calling for agent workflows.
Which has the bigger context window?
Qwen3 Max and Mistral Medium 3.5 share the same 262,144-token context window. Maximum output per response: Qwen3 Max up to 65,536, Mistral Medium 3.5 up to 262,144 tokens.
Which can read images, PDFs, audio or video?
Qwen3 Max accepts text; Mistral Medium 3.5 accepts text and images. Mistral Medium 3.5 handles the widest range of inputs.
Are any of these open source?
Mistral Medium 3.5 publishes its weights and can be self-hosted; Qwen3 Max is proprietary.
Which is newer?
Mistral Medium 3.5 is the newest, released Apr 29, 2026. Qwen3 Max came out Sep 23, 2025. Knowledge cutoff: Qwen3 Max 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.