Compare / Mistral Small 4 vs Kimi K3

Mistral Small 4 vs Kimi K3

Which is cheaper, which is more capable, and which does better at each kind of work, from 16 results on 2 sources that measured both models.

Results as of 8 October 2026 (catalogue release 2026-10-08-4199ce0620fe).

Mistral Small 4
Mistral AI · profile
Kimi K3
Moonshot AI · profile
Results compared
16
Shared sources
2

Mistral Small 4 or Kimi K3? The short answer

Pick Kimi K3 if quality matters most: it scores higher (Intelligence Index 43.6 against 11.3). Pick Mistral Small 4 if cost matters more: it costs 14 times less per game of bullet chess on BulletBench. Mistral Small 4 is also faster.

  • Mistral Small 4 is cheaper to run: $0.004 against $0.054 per game of bullet chess on BulletBench (14 times less).
  • Kimi K3 scores higher on the Artificial Analysis Intelligence Index: 43.6 against 11.3.
  • Mistral Small 4 writes faster: 164 tokens a second against 45.
  • Kimi K3 is newer: released 16 Jul 2026, against 16 Mar 2026 for Mistral Small 4.
  • On third-party benchmarks, on the results both models have: Kimi K3 does better for agents and tool use and reasoning and knowledge.

At a glance

Mistral Small 4Kimi K3
Price per million tokens$0.15 in · $0.60 out$3.00 in · $15.00 out
Blended (3 in : 1 out)$0.26$6.00
Cheapest host, blended$0.26 (Mistral)$3.70 (Morph, FP8)
Cost per game of bullet chess (BulletBench)$0.004$0.054
Cached input, per million$0.015 cached input$0.30 cached input
Intelligence Index11.343.6
Spring Prompt overall–50
Output speed, tokens a second16445
Context window262,144 tokens1,048,576 tokens
Released16 Mar 202616 Jul 2026 (newer)
WeightsOpenOpen
Developer based inFranceChina

Prices are the developer's list price where we have read it, otherwise the typical host on OpenRouter; see every model's price. Intelligence and speed from Artificial Analysis.

Which is better for what

Each model's rank among models available today, for each kind of work, from our own benchmarks and licensed sources. The better rank is in green.

Use caseMistral Small 4Kimi K3
Product listingsTurning a sparse product feed and photos into listings that can go live not measured 13 of 20
Decks from an analysisTurning a finished analysis into a deck you could present as it is not measured 8 of 19
Marketing planningPlanning a year of ad spend without overspending not measured 8 of 19
Agents and tool useMulti-step tasks with tools: support desks, coding agents, function calls 132 of 164 34 of 164
Professional workReal tasks from banking, consulting and law, business documents and freelance projects not measured 24 of 51
Reasoning and knowledgeHard questions across science, maths and general knowledge 131 of 198 15 of 198
WritingWhat people prefer in blind comparisons, and judged writing quality 116 of 188 11 of 188
Sticking to the factsSummarising without inventing things, and factual answers not measured 28 of 152
Speed under pressureGood decisions against a real clock (fast chess) 9 of 22 19 of 22

Every shared result

Each model's best result on every measure both have, grouped by benchmark, with the setting that produced it. The headline measures of each benchmark come first; the rest are under "Show all". Green marks the better value; where a source reports ranges that overlap, neither is marked.

MeasureMistral Small 4Kimi K3
BulletBench measured by Spring Prompt · 3 results
Cost per game · Bullet 60sUS dollars, lower is better $0.0039no reasoning $0.0540low reasoning
Ladder Elo · Bullet 60sladder Elo, higher is better 367no reasoning 33low reasoning
Games lost on time · Bullet 60s% of games, lower is better 25.0%no reasoning 91.7%low reasoning
Artificial Analysis reported by Artificial Analysis · 3 results
Artificial Analysis Intelligence Indexindex score, higher is better 11.3 43.6max reasoning
GPQA Diamond% of questions, higher is better 76.9% 93.5%max reasoning
Humanity's Last Exam% of questions, higher is better 9.9% 46.9%max reasoning
Show all 16 results (10 more)
MeasureMistral Small 4Kimi K3
BulletBench measured by Spring Prompt · 2 results
Invalid moves · Bullet 60s% of moves, lower is better 0.6%no reasoning 0.0%low reasoning
Median move time · Bullet 60smilliseconds, lower is better 0.6 sno reasoning 2.6 slow reasoning
Artificial Analysis reported by Artificial Analysis · 8 results
Terminal-Bench 2.1% of tasks, higher is better 21.0% 85.0%max reasoning
Terminal-Bench 4.0% of tasks, higher is better 0.0% 12.6%low reasoning
τ-bench banking% of tasks, higher is better 4.9% 46.0%max reasoning
Artificial Analysis Coding Indexindex score, higher is better 26.6 76.2max reasoning
Long-context reasoning (AA-LCR)% of questions, higher is better 49.7% 88.7%max reasoning
Output speedtokens per second, higher is better 164 45.0max reasoning
SciCode% of problems, higher is better 38.8% 59.5%max reasoning
Time to first answer tokenseconds, lower is better 0.47no reasoning 47.3max reasoning

Quick answers

Is Mistral Small 4 better than Kimi K3?

Pick Kimi K3 if quality matters most: it scores higher (Intelligence Index 43.6 against 11.3). Pick Mistral Small 4 if cost matters more: it costs 14 times less per game of bullet chess on BulletBench. Mistral Small 4 is also faster.

Which is cheaper, Mistral Small 4 or Kimi K3?

Mistral Small 4 is cheaper to run: $0.004 against $0.054 per game of bullet chess on BulletBench (14 times less).

Which is faster, Mistral Small 4 or Kimi K3?

Mistral Small 4 writes about 164 tokens a second on its usual API, against 45 for Kimi K3 (Artificial Analysis).

Run Mistral Small 4 and Kimi K3 on your own prompt

Benchmarks aren't your data. Try both side by side in the playground, with the cost of every answer.