Cheaper alternatives to Mistral Large 2407

Mistral LMArena 1266.3 $3.00/M on a balanced workload prices as of 2026-08-28

12 models are both better and cheaper, giving up nothing.

Of the 133 models carrying both an independent score and a published price at the same delivery mode, 97 score at least as high as Mistral Large 2407 and cost no more under at least one workload. 93 of them are genuinely cheaper; the rest match the price and win on score alone. 12 match or beat it on every capability we hold — context, maximum output, input modes, tool use and extended reasoning. 85 do not, and every row names what it drops.

Dominance is not a property of a model. It is a property of a model, a capability lens and a workload, and all three are named on every row. Scores are LMArena Elo, used under CC BY 4.0 from the official dataset; prices are blended per million tokens. A higher score is not a drop-in replacement.

This page is built from that comparison and nothing else. When no model is both better and cheaper than Mistral Large 2407, it is not generated.

Where it holds

Workload	Mistral Large 2407 $/M	Better and cheaper	With a trade
Balanced	$3.00	10	83
Summarise	$1.69	9	84
Chat	$3.06	7	81
Code gen	$4.26	7	82
Agentic	$1.53	7	81

Workload mixes are defined on the methodology page. Cached input is priced at the cached rate, and reasoning tokens at the worse of the reasoning and output rates.

What you would be replacing

Intelligence	1266.3
Context window	131K
Max output	105K
Input modes	text, file
Tool use	yes
Extended reasoning	no

A replacement has to clear every line above, not just the score. Full record for Mistral Large 2407.

Better and cheaper, nothing given up 12

Each of these matches or beats Mistral Large 2407 on context, maximum output, input modes, tool use and reasoning, scores at least as high, and costs no more.

#	Model	Intelligence	$/M	Holds under
1	Muse Spark 1.1 Meta	1478.3 +212	$2.00	Balanced −33% Summarise −36% Chat −31% Code gen −30% Agentic −32%
2	Grok 4.5 xAI	1452.3 +186	$3.00	Balanced same price
3	Grok 4.6 xAI	1443.7 +177.4	$3.00	Balanced same price
4	GPT-5.6 Luna OpenAI	1428.5 +162.2	$0.450	Balanced −85% Summarise −88% Chat −82% Code gen −82% Agentic −84%
5	Mistral Medium 3.5 Mistral	1420.9 +154.6	$3.00	Balanced same price
6	GPT-5.4 Mini OpenAI	1412.1 +145.8	$1.69	Balanced −44% Summarise −56% Chat −33% Code gen −31% Agentic −40%
7	Grok 4.3 xAI	1397.5 +131.2	$1.56	Balanced −48% Summarise −40% Chat −53% Code gen −55% Agentic −47%
8	GPT-5.4 Nano OpenAI	1372.8 +106.5	$0.463	Balanced −85% Summarise −88% Chat −82% Code gen −81% Agentic −84%
9	GPT-5 Mini OpenAI	1373.4 +107.1	$0.688	Balanced −77% Summarise −84% Chat −71% Code gen −70% Agentic −75%
10	GPT-5 Nano OpenAI	1320.3 +54	$0.138	Balanced −95% Summarise −97% Chat −94% Code gen −94% Agentic −95%
11	GPT-5.1 OpenAI	1441.4 +175.1	$1.37 summarise	Summarise −19%
12	GPT-5 OpenAI	1405.6 +139.3	$1.37 summarise	Summarise −19%

Cheaper and higher-scoring, but you give something up 85

These score at least as high and cost no more on the two plotted axes, and lose something that is not on them. Read the last column before switching.

Model	Intelligence	$/M	Holds under	What you give up
Gemini 3.7 Flash Google	1490.2 +223.9	$0.750	Balanced −75% Summarise −79% Chat −71% Code gen −71% Agentic −74%	105K → 66K max output
Qwen3.8 Max Qwen	1481.9 +215.6	$3.00	Balanced same price	no file input
Gemini 3.6 Flash Google	1476.5 +210.2	$1.50	Balanced −50% Summarise −58% Chat −43% Code gen −41% Agentic −48%	105K → 66K max output
GLM 5.3 Z.ai	1476.9 +210.6	$2.15	Balanced −28% Summarise −27% Chat −26% Code gen −27% Agentic −23%	no file input
MiMo-V2.5-Pro Xiaomi	1465 +198.7	$0.544	Balanced −82% Summarise −80% Chat −84% Code gen −84% Agentic −84%	no file input
GLM 5.2 Z.ai	1465.4 +199.1	$1.83	Balanced −39% Summarise −38% Chat −37% Code gen −38% Agentic −35%	no file input
GLM 5.1 Z.ai	1464.1 +197.8	$1.94	Balanced −36% Summarise −35% Chat −34% Code gen −34% Agentic −31%	no file input
Qwen3.7 Plus Qwen	1456.2 +189.9	$0.560	Balanced −81% Summarise −83% Chat −80% Code gen −79% Agentic −80%	no file input
Kimi K2.6 Moonshot AI	1455 +188.7	$1.71	Balanced −43% Summarise −48% Chat −37% Code gen −36% Agentic −39%	no file input
Kimi K2.5 Moonshot AI	1445.2 +178.9	$0.900	Balanced −70% Summarise −74% Chat −65% Code gen −65% Agentic −68%	no file input
GLM 5 Z.ai	1445.2 +178.9	$0.930	Balanced −69% Summarise −69% Chat −68% Code gen −68% Agentic −66%	no file input
Gemma 4 31B Google	1441.7 +175.4	$0.152	Balanced −95% Summarise −95% Chat −94% Code gen −94% Agentic −93%	105K → 16K max output no file input
Hy3 Tencent	1441.2 +174.9	$0.144	Balanced −95% Summarise −95% Chat −95% Code gen −95% Agentic −95%	no file input
Qwen3.6 Max Preview Qwen	1446.3 +180	$2.31	Balanced −23% Summarise −24% Code gen −3%	105K → 66K max output no file input
Qwen3.8 27B Qwen	1440.8 +174.5	$0.956	Balanced −68% Summarise −74% Chat −62% Code gen −61% Agentic −65%	no file input
GLM 4.6 Z.ai	1439.8 +173.5	$0.875	Balanced −71% Summarise −73% Chat −68% Code gen −68% Agentic −68%	no file input
DeepSeek V4 Pro 0423 DeepSeek	1439.2 +172.9	$1.09	Balanced −64% Summarise −59% Chat −68% Code gen −69% Agentic −66%	no file input
Qwen3.5 397B A17B Qwen	1438.3 +172	$0.877	Balanced −71% Summarise −71% Chat −62% Code gen −63% Agentic −55%	105K → 66K max output no file input
Qwen3.6 Plus Qwen	1436.8 +170.5	$0.731	Balanced −76% Summarise −76% Chat −68% Code gen −69% Agentic −63%	105K → 66K max output no file input
Gemma 4 26B A4B Google	1434.6 +168.3	$0.138	Balanced −95% Summarise −95% Chat −94% Code gen −95% Agentic −93%	105K → 16K max output no file input
Gemini 3.5 Flash Lite Google	1436.5 +170.2	$0.850	Balanced −72% Summarise −80% Chat −64% Code gen −62% Agentic −69%	105K → 66K max output
Inkling Thinking Machines	1439.2 +172.9	$1.73	Balanced −43% Summarise −48% Chat −36% Code gen −35% Agentic −38%	no file input
MiniMax M3 MiniMax	1434.8 +168.5	$0.525	Balanced −83% Summarise −84% Chat −81% Code gen −81% Agentic −81%	no file input
GLM 4.7 Z.ai	1435.3 +169	$0.738	Balanced −75% Summarise −78% Chat −72% Code gen −72% Agentic −73%	no file input
DeepSeek V4 Flash 0423 DeepSeek	1431.6 +165.3	$0.101	Balanced −97% Summarise −96% Chat −97% Code gen −97% Agentic −96%	no file input
GLM 5V Turbo Z.ai	1436.8 +170.5	$1.90	Balanced −37% Summarise −37% Chat −34% Code gen −34% Agentic −31%	no file input
MiMo-V2.5 Xiaomi	1427.3 +161	$0.175	Balanced −94% Summarise −94% Chat −95% Code gen −95% Agentic −95%	no file input
GLM 4.5 Z.ai	1429.4 +163.1	$1.00	Balanced −67% Summarise −68% Chat −64% Code gen −64% Agentic −64%	105K → 98K max output no file input
R1 0528 DeepSeek	1427.9 +161.6	$0.912	Balanced −70% Summarise −68% Chat −64% Code gen −65% Agentic −57%	105K → 33K max output no file input
DeepSeek V3.2 DeepSeek	1424.6 +158.3	$0.290	Balanced −90% Summarise −86% Chat −91% Code gen −92% Agentic −87%	no file input
DeepSeek V3.2 Exp DeepSeek	1424.4 +158.1	$0.305	Balanced −90% Summarise −84% Chat −89% Code gen −92% Agentic −81%	105K → 66K max output no file input
Qwen3 VL 235B A22B Instruct Qwen	1420.9 +154.6	$0.632	Balanced −79% Summarise −84% Chat −72% Code gen −71% Agentic −74%	105K → 33K max output no file input
Qwen3 235B A22B Instruct 2507 Qwen	1419.3 +153	$0.205	Balanced −93% Summarise −93% Chat −91% Code gen −91% Agentic −90%	105K → 16K max output no file input
DeepSeek V3.1 Terminus DeepSeek	1419.6 +153.3	$0.453	Balanced −85% Summarise −84% Chat −83% Code gen −84% Agentic −80%	105K → 33K max output no file input
Qwen3 Next 80B A3B Instruct Qwen	1418.6 +152.3	$0.350	Balanced −88% Summarise −92% Chat −84% Code gen −84% Agentic −85%	no file input
DeepSeek V3.1 DeepSeek	1419.1 +152.8	$0.825	Balanced −73% Summarise −64% Chat −68% Code gen −72% Agentic −53%	no file input
Qwen3.5-122B-A10B Qwen	1417.9 +151.6	$0.715	Balanced −76% Summarise −79% Chat −68% Code gen −68% Agentic −65%	no file input
Gemini 2.5 Flash Google	1417.3 +151	$0.850	Balanced −72% Summarise −80% Chat −64% Code gen −62% Agentic −69%	105K → 66K max output
Gemini 3.1 Flash Lite Preview Google	1414.8 +148.5	$0.563	Balanced −81% Summarise −85% Chat −78% Code gen −77% Agentic −80%	105K → 66K max output
Qwen3 235B A22B Thinking 2507 Qwen	1413.8 +147.5	$0.748	Balanced −75% Summarise −80% Chat −65% Code gen −65% Agentic −65%	no file input
Inkling Small Thinking Machines	1411.7 +145.4	$0.637	Balanced −79% Summarise −77% Chat −79% Code gen −80% Agentic −77%	no file input
Qwen3 Max Qwen	1412.7 +146.4	$1.56	Balanced −48% Summarise −55% Chat −40% Code gen −39% Agentic −43%	105K → 66K max output no file input
Qwen3.5-27B Qwen	1407.9 +141.6	$0.536	Balanced −82% Summarise −84% Chat −76% Code gen −76% Agentic −74%	105K → 66K max output no file input
MiniMax M2.7 MiniMax	1405.3 +139	$0.525	Balanced −83% Summarise −84% Chat −81% Code gen −81% Agentic −81%	no file input
Step 3.5 Flash StepFun	1403.8 +137.5	$0.150	Balanced −95% Summarise −93% Chat −94% Code gen −95% Agentic −91%	105K → 66K max output no file input
Qwen3.5-Flash Qwen	1397.6 +131.3	$0.114	Balanced −96% Summarise −96% Chat −95% Code gen −96% Agentic −94%	105K → 66K max output no file input
Qwen3 VL 235B A22B Thinking Qwen	1400.6 +134.3	$1.30	Balanced −57% Summarise −66% Chat −40% Code gen −40% Agentic −39%	105K → 33K max output no file input
Qwen3.5-35B-A3B Qwen	1395.6 +129.3	$0.500	Balanced −83% Summarise −82% Chat −79% Code gen −80% Agentic −74%	no file input
Claude Haiku 4.5 Anthropic	1394.9 +128.6	$2.00	Balanced −33% Summarise −44% Chat −24% Code gen −22% Agentic −30%	105K → 64K max output
Qwen3 30B A3B Instruct 2507 Qwen	1384.3 +118	$0.084	Balanced −97% Summarise −97% Chat −97% Code gen −97% Agentic −95%	105K → 32K max output no file input
GLM 4.5 Air Z.ai	1382.8 +116.5	$0.310	Balanced −90% Summarise −92% Chat −87% Code gen −87% Agentic −89%	105K → 98K max output no file input
Solar Pro 4 Upstage	1376.2 +109.9	$0.052	Balanced −98% Summarise −98% Chat −98% Code gen −98% Agentic −98%	no file input
DeepSeek V3 0324 DeepSeek	1375 +108.7	$0.438	Balanced −85% Summarise −83% Chat −82% Code gen −84% Agentic −76%	no file input
GLM 4.6V Z.ai	1374.7 +108.4	$0.450	Balanced −85% Summarise −85% Chat −85% Code gen −85% Agentic −84%	105K → 33K max output no file input
R1 DeepSeek	1372.7 +106.4	$1.15	Balanced −62% Summarise −53% Chat −54% Code gen −58% Agentic −37%	131K → 64K context 105K → 16K max output no file input
Qwen3 Next 80B A3B Thinking Qwen	1367.5 +101.2	$0.412	Balanced −86% Summarise −88% Chat −81% Code gen −82% Agentic −80%	105K → 33K max output no file input
gpt-oss-120b OpenAI	1365.6 +99.3	$0.070	Balanced −98% Summarise −97% Chat −97% Code gen −97% Agentic −96%	no file input
Qwen3 235B A22B Qwen	1366 +99.7	$0.796	Balanced −73% Summarise −69% Chat −67% Code gen −70% Agentic −57%	105K → 8K max output no file input
Nova 2 Lite Amazon	1362.2 +95.9	$0.850	Balanced −72% Summarise −76% Chat −61% Code gen −62% Agentic −59%	105K → 66K max output
Gemma 3 27B Google	1358.3 +92	$0.172	Balanced −94% Summarise −95% Chat −93% Code gen −93% Agentic −93%	no file input
MiniMax M2.5 MiniMax	1359 +92.7	$0.472	Balanced −84% Summarise −86% Chat −83% Code gen −83% Agentic −84%	no file input
Mercury 2 Inception	1357.8 +91.5	$0.375	Balanced −88% Summarise −87% Chat −88% Code gen −88% Agentic −88%	131K → 128K context 105K → 50K max output no file input
GLM 4.7 Flash Z.ai	1352.9 +86.6	$0.145	Balanced −95% Summarise −96% Chat −94% Code gen −94% Agentic −95%	105K → 16K max output no file input
o4 Mini OpenAI	1352.5 +86.2	$1.93	Balanced −36% Summarise −39% Chat −29% Code gen −29% Agentic −28%	105K → 100K max output
Trinity Large Thinking Arcee	1341.9 +75.6	$0.378	Balanced −87% Summarise −88% Chat −86% Code gen −86% Agentic −86%	no file input
MiniMax M2 MiniMax	1342.1 +75.8	$0.446	Balanced −85% Summarise −83% Chat −82% Code gen −83% Agentic −76%	no file input
Qwen3 32B Qwen	1340.1 +73.8	$0.130	Balanced −96% Summarise −95% Chat −95% Code gen −95% Agentic −93%	105K → 16K max output no file input
MiniMax M1 MiniMax	1341.9 +75.6	$0.963	Balanced −68% Summarise −63% Chat −60% Code gen −64% Agentic −48%	105K → 40K max output no file input
GPT-4.1 Mini OpenAI	1340.5 +74.2	$0.700	Balanced −77% Summarise −78% Chat −74% Code gen −74% Agentic −74%	105K → 33K max output
Gemma 3 12B Google	1334.2 +67.9	$0.075	Balanced −98% Summarise −97% Chat −97% Code gen −97% Agentic −96%	105K → 16K max output no file input
DeepSeek V3 DeepSeek	1332.6 +66.3	$0.450	Balanced −85% Summarise −82% Chat −82% Code gen −83% Agentic −76%	105K → 16K max output no file input
GLM 4.5V Z.ai	1333.6 +67.3	$0.900	Balanced −70% Summarise −69% Chat −70% Code gen −70% Agentic −68%	131K → 66K context 105K → 16K max output no file input
o3 Mini High OpenAI	1336.6 +70.3	$1.93	Balanced −36% Summarise −34% Chat −26% Code gen −29% Agentic −17%	105K → 100K max output
Qwen3 30B A3B Qwen	1316.9 +50.6	$0.215	Balanced −93% Summarise −92% Chat −91% Code gen −92% Agentic −88%	105K → 16K max output no file input
o3 Mini OpenAI	1319.2 +52.9	$1.93	Balanced −36% Summarise −34% Chat −26% Code gen −29% Agentic −17%	105K → 100K max output
Olmo 3 32B Think Allen AI	1298.5 +32.2	$0.237	Balanced −92% Summarise −90% Chat −91% Code gen −92% Agentic −87%	131K → 66K context 105K → 59K max output no file input no tool use
Granite 4.1 8B IBM	1291.6 +25.3	$0.063	Balanced −98% Summarise −97% Chat −98% Code gen −98% Agentic −96%	no file input
Gemma 3 4B Google	1290.8 +24.5	$0.063	Balanced −98% Summarise −97% Chat −98% Code gen −98% Agentic −96%	105K → 16K max output no file input no tool use
gpt-oss-20b OpenAI	1287.8 +21.5	$0.055	Balanced −98% Summarise −98% Chat −98% Code gen −98% Agentic −97%	no file input
GPT-4o-mini (2024-07-18) OpenAI	1286.6 +20.3	$0.263	Balanced −91% Summarise −91% Chat −90% Code gen −90% Agentic −89%	131K → 128K context 105K → 16K max output
GPT-4.1 Nano OpenAI	1284.8 +18.5	$0.175	Balanced −94% Summarise −94% Chat −94% Code gen −94% Agentic −93%	105K → 33K max output
Llama 3.3 70B Instruct Meta	1274.9 tie	$0.710	Balanced −76% Summarise −58% Chat −77% Code gen −83% Agentic −54%	no file input
Qwen2.5 72B Instruct Qwen	1269.1 tie	$0.370	Balanced −88% Summarise −79% Chat −88% Code gen −91% Agentic −76%	131K → 33K context 105K → 16K max output no file input
Gemini 3.5 Flash Google	1482.6 +216.3	$1.49 summarise	Summarise −12%	105K → 66K max output
Gemini 2.5 Pro Google	1457.3 +191	$1.37 summarise	Summarise −19%	105K → 66K max output

What this compares, and what it leaves out

Quality is LMArena Elo, used under CC BY 4.0 from the official dataset. The 95% confidence interval on a difference between two scores is about ±10.68 points, so a gap smaller than that is marked tie rather than an improvement — see significance bands.
188 further models at this delivery mode carry a price but no independent score. They are absent from the comparison in both directions — unrated is not a zero, and an unmeasured model is neither an alternative nor a worse buy.
Retired models are never offered as an alternative, and a model only competes against its own delivery mode: batch trades latency for price, so it is not a like-for-like swap.
Nothing here measures latency, throughput, rate limits or how a model behaves on your prompts. Two models with the same index score are not interchangeable.
The models that nothing beats on both axes are on the value frontier, and every other model something cheaper beats is listed here.