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© 2026 CompareLLM. Public benchmark data aggregated from Arena Elo, LiveBench, SWE-bench & OpenRouter.

Every score has a dated snapshot.

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  2. Comparisons
  3. Mistral: Mistral Small 4 vs Qwen 3 Max

Pairwise benchmark snapshot · Aug 17, 2026noindex (thin pair)

Mistral: Mistral Small 4 vs Qwen 3 Max benchmark

In this head-to-head showdown, Mistral: Mistral Small 4 is more budget-friendly at $0.6/1M per 1M output tokens. Review the complete breakdown below to determine which model best fits your performance and budget requirements.

Executive Comparison Verdict

Bottom Line: Both Mistral: Mistral Small 4 and Qwen 3 Max present distinct architectural strengths. Compare the verified benchmark matrix below to choose the model tailored to your specific application requirements.
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Mistral
Mistral: Mistral Small 4

Auto-discovered from OpenRouter (mistralai/mistral-small-2603). Preview until a second source matches.

$0.6/1M out
Alibaba
Qwen 3 Max

Alibaba flagship. Strong math and multilingual code.

Elo 1,518$3.9/1M out
Top Rival Showdowns for Mistral: Mistral Small 4
All Matchups
Compare vs:vs Claude Opus 4.5vs GPT-5vs Gemini 3 Provs Grok 4.6vs DeepSeek V4 Pro
Preference Leader

No shared data

Single model data

Throughput Leader

No shared data

No latency data

Value per Dollar Leader

Mistral: Mistral Small 4

$0.6 / 1M output

Capability Percentiles

Relative percentile scores computed across all active models in the benchmark catalog.

Capability Matchup Radar

Multi-Dimensional Capability Radar

Each spoke is a skill. Farther from the center is better (0–100th percentile). Tap any dot to inspect details.

Tap any node to inspect
Percentile 0–100
Dimensional AdvantageQwen 3 Max 4/6
Head-to-Head Comparison

Overall Matchup Breakdown

Category wins across reasoning intelligence, generation speed, and token cost.

Mistral: Mistral Small 4 (2)vsQwen 3 Max (7)
Mistral: Mistral Small 4: 2W (22%)Overall: Qwen 3 MaxQwen 3 Max: 7W (78%)
← Mistral: Mistral Small 41 tiesQwen 3 Max →
Qwen 3 Max (5/5)

Intelligence & Reasoning

Preference Elo, Coding proficiency, SWE-bench & LiveBench accuracy

Preference Elo
—vs1,518
Coding Elo
—vs1,526
SWE-bench
—vs67.8%
LiveBench
—vs69.4%
GPQA Diamond
—vs83.1%
Mistral: Mistral Small 4: 0WQwen 3 Max: 5W
Qwen 3 Max (2/2)

Speed & Latency

Generation throughput and time to first token responsiveness

Output speed
—vs80 tok/s
Time to first token
—vs280 ms
Mistral: Mistral Small 4: 0WQwen 3 Max: 2W
Mistral: Mistral Small 4 (2/3)

Pricing & Capacity

Cost per million tokens and max context window length

Output price
$0.6/1Mvs$3.9/1M
Input price
$0.15/1Mvs$0.78/1M
Context window
262kvs262k
Mistral: Mistral Small 4: 2WQwen 3 Max: 0W

Side-by-Side Benchmark Matrix

Preference Elo
Mistral: Mistral Small 4—
Qwen 3 Max1,518
lmarena · Aug 17, 2026
Coding Elo
Mistral: Mistral Small 4—
Qwen 3 Max1,526
lmarena · Aug 17, 2026
LiveBench
Mistral: Mistral Small 4—
Qwen 3 Max69.4%
livebench · Aug 17, 2026
SWE-bench
Mistral: Mistral Small 4—
Qwen 3 Max67.8%
swebench · Aug 17, 2026
GPQA Diamond
Mistral: Mistral Small 4—
Qwen 3 Max83.1%
seed-bootstrap · Aug 1, 2026
Time to first token
Mistral: Mistral Small 4—
Qwen 3 Max280 ms
seed-bootstrap · Aug 1, 2026
Output speed
Mistral: Mistral Small 4—
Qwen 3 Max80 tok/s
seed-bootstrap · Aug 1, 2026
Input priceMistral: Mistral Small 4 (+$0.63/1M)
Mistral: Mistral Small 4$0.15/1M
openrouter · Aug 17, 2026
Qwen 3 Max$0.78/1M
openrouter · Aug 17, 2026
Output priceMistral: Mistral Small 4 (+$3.3/1M)
Mistral: Mistral Small 4$0.6/1M
openrouter · Aug 17, 2026
Qwen 3 Max$3.9/1M
openrouter · Aug 17, 2026
Context window
Mistral: Mistral Small 4262k
openrouter · Aug 17, 2026
Qwen 3 Max262k
openrouter · Aug 17, 2026
BenchmarkMistral: Mistral Small 4Qwen 3 MaxAdvantage Delta
Preference Elo—
1,518
lmarena · Aug 17, 2026
—
Coding Elo—
1,526
lmarena · Aug 17, 2026
—
LiveBench—
69.4%
livebench · Aug 17, 2026
—
SWE-bench—
67.8%
swebench · Aug 17, 2026
—
GPQA Diamond—
83.1%
seed-bootstrap · Aug 1, 2026
—
Time to first token—
280 ms
seed-bootstrap · Aug 1, 2026
—
Output speed—
80 tok/s
seed-bootstrap · Aug 1, 2026
—
Input price
$0.15/1M
openrouter · Aug 17, 2026
$0.78/1M
openrouter · Aug 17, 2026
Mistral: Mistral Small 4 (+$0.63/1M)
Output price
$0.6/1M
openrouter · Aug 17, 2026
$3.9/1M
openrouter · Aug 17, 2026
Mistral: Mistral Small 4 (+$3.3/1M)
Context window
262k
openrouter · Aug 17, 2026
262k
openrouter · Aug 17, 2026
—
Interactive Simulator (USD)

Workload Cost & Savings Calculator

Simulate monthly production API costs in USD (US Dollar).

Save up to 83% with Mistral: Mistral Small 4
Monthly Volume50M tokens/mo
Quick Presets:
Token Ratio (In vs Out)70% In / 30% Out
RAG / Search (10% out)Coding / Chat (50% out)
Mistral: Mistral Small 4$14.25 / mo
In: $5.25Out: $9
Qwen 3 Max$85.80 / mo
In: $27.3Out: $58.5
Estimated Cost Delta

Mistral: Mistral Small 4 is estimated to save $71.55/month ($859/year).

Based on 50M tokens (30% gen)

Key Selection Recommendations

  • 1
    Mistral: Mistral Small 4:Pick Mistral: Mistral Small 4 when you are optimizing output cost.

Recommended Workload Routing

Repo / coding agentsinsufficient data

Need SWE-bench on both sides.

High-volume chatMistral: Mistral Small 4

Lower output list price ($0.6/1M).

Voice / low-latency UIinsufficient data

Need TTFT on both sides.

Long-document RAGMistral: Mistral Small 4

Larger window (262k).

Screenshots / visionQwen 3 Max

Qwen 3 Max is the side marked multimodal in the catalog.

Target WorkloadRecommended PickEvaluation Rationale
Repo / coding agentsinsufficient dataNeed SWE-bench on both sides.
High-volume chatMistral: Mistral Small 4Lower output list price ($0.6/1M).
Voice / low-latency UIinsufficient dataNeed TTFT on both sides.
Long-document RAGMistral: Mistral Small 4Larger window (262k).
Screenshots / visionQwen 3 MaxQwen 3 Max is the side marked multimodal in the catalog.

Related Editorial Dispatches & Benchmark Notes

View all news
launchApr 18, 2026

Qwen 3 Max: Alibaba’s flagship for math and multilingual code

Closed flagship. Strong math. Compare to Sol and Opus on GPQA and SWE-bench, not on brand heat.

launchSep 20, 2025

Qwen3 235B: the open MoE Qwen, not the Max SKU

Sep 2025 open-weight mixture-of-experts. Self-host path. Don’t confuse it with Qwen 3 Max.

Community Sentiment

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CompareLLM Matrix

Verified head-to-head card

LIVE
VS
Mistral

Mistral: Mistral Small 4

Elo n/a
LiveBench—
SWE-bench—
Speed—
Output cost$0.6/1M
Alibaba

Qwen 3 Max

Elo 1,518
LiveBench69.4%
SWE-bench67.8%
Speed80 tok/s
Output cost$3.9/1M

Frequently Asked Questions

Which is better overall, Mistral: Mistral Small 4 or Qwen 3 Max?
We do not have preference Elo for both models, so we do not declare an overall winner. Compare the metrics that exist.
Which is better at coding, Mistral: Mistral Small 4 or Qwen 3 Max?
SWE-bench is missing for at least one model, so we do not rank coding from a single number.
Which is cheaper to run in production?
Mistral: Mistral Small 4 output tokens are $0.6/1M versus $3.9/1M. Input prices and retry rates still move the real bill.
Which is faster, Mistral: Mistral Small 4 or Qwen 3 Max?
We do not have TTFT for both models.
Which has the larger context window?
Mistral: Mistral Small 4 accepts 262k tokens versus 262k.
Can I self-host either model?
Neither model is marked open-weights here. You are comparing hosted APIs.
Are these scores from CompareLLM’s own evals?
No. V1 aggregates public leaderboards (and optional first-party latency pings). Each cell names its source and date. Read /methodology.
What does preference Elo mean on this page?
Preference Elo is a crowd vote from LMArena / Arena. People see two hidden answers and pick the one they like more. The model that wins more often gets a higher Elo. That means people preferred it — not that it passed a school test. It is not SWE-bench, not accuracy, and not a number we invent. Mistral: Mistral Small 4 and Qwen 3 Max Elo cells are dated snapshots from the named source — we do not compute Arena ourselves.

Related news

  • launch · Apr 18, 2026

    Qwen 3 Max: Alibaba’s flagship for math and multilingual code

  • launch · Sep 20, 2025

    Qwen3 235B: the open MoE Qwen, not the Max SKU

Similar Head-to-Head Comparisons

All Mistral: Mistral Small 4 matchups →|All Qwen 3 Max matchups →
Mistral Large 3 vs Qwen 3 MaxQwen QwQ 32B vs Qwen 3 MaxQwen 2.5 Plus vs Qwen 3 MaxCodestral 25.01 vs Qwen 3 MaxQwen2.5 Coder 32B Instruct vs Qwen 3 MaxClaude Opus 4.5 vs Qwen 3 Max