💰 Unit Cost Winner OpenAI o3-mini $1.10/1M in · $4.40/1M out
⚡ Latency & Speed Winner Mistral Large 2 (2411) 380ms TTFT · 75 tok/s
💻 Coding (SWE) Winner OpenAI o3-mini 49.3% SWE-bench · 92.4% HumanEval
🧠 STEM Reasoning Winner OpenAI o3-mini 79.7% GPQA · 97.9% MATH-500

Which model is better: Mistral Large 2 (2411) or OpenAI o3-mini?

OpenAI o3-mini is 45.0% cheaper for input tokens ($1.10 vs. $2.00 per 1M tokens) and $4.40 vs. $6.00 for output tokens (1.8x cost advantage). In terms of operational performance, Mistral Large 2 (2411) delivers lower response latency at 380ms TTFT (570ms faster than OpenAI o3-mini) with 75 vs. 98 tok/s throughput. OpenAI o3-mini leads coding evaluations at 49.3% SWE-bench Verified vs. 45.2% for Mistral Large 2 (2411) and 79.7% vs. 54.2% on GPQA Diamond.
Verified daily via automated API latency tests and official documentation.

Verified Performance & Unit Economics Delta (12 Dimensions)

Daily synchronized metrics across token pricing, prompt cache economics, latency, throughput, and 5 capability benchmarks.

Metric / Dimension Mistral Large 2 (2411) OpenAI o3-mini Net Delta / Advantage
Input Cost / 1M Tokens $2.00 $1.10 OpenAI o3-mini is 1.8x cheaper
Output Cost / 1M Tokens $6.00 $4.40 OpenAI o3-mini (26.7% lower)
Prompt Cache Read / 1M $0.200 $0.550 Mistral Large 2 (2411) is 2.8x cheaper
Prompt Cache Write / 1M $2.00 $1.10 OpenAI o3-mini is 1.8x cheaper
Context Window (Max Output) 131k (8k out) 205k (100k out) OpenAI o3-mini (1.6x larger context)
Avg TTFT Response Latency 380ms 950ms Mistral Large 2 (2411) (570ms faster)
Generation Speed (Throughput) 75 tok/s 98 tok/s OpenAI o3-mini (+23 tok/s faster)
SWE-bench Verified (Coding) 45.2% 49.3% OpenAI o3-mini (+4.1% lead)
GPQA Diamond (PhD STEM) 54.2% 79.7% OpenAI o3-mini (+25.5% lead)
MMLU-Pro (Multi-Discipline) 74.8% 83.2% OpenAI o3-mini (+8.4% lead)
MATH-500 (Quantitative Logic) 76.5% 97.9% OpenAI o3-mini (+21.4% lead)
Inference Value Score (IVR) 50.1 / 100 59.7 / 100 OpenAI o3-mini (+9.6 pts)

Interactive Monthly Token Economics & ROI Forecaster

Model production workloads across prompt, completion, and cached context tokens, or switch models on the fly.

25.0M Tokens
500K 50M 250M 500M+
5.0M Tokens
100K 25M 75M 150M+
50% Cached
0% (Uncached) 25% 50% (Typical Agent) 95% Max

Estimated Monthly Spend

Mistral Large 2 (2411) $57.50

$2.00/1M in · $6.00/1M out

Prompt Cache: $0.200/1M read · $2.00/1M write

OpenAI o3-mini $42.63

$1.10/1M in · $4.40/1M out

Prompt Cache: $0.550/1M read · $1.10/1M write

Projected Monthly Cost Reduction
$14.88 / mo
(25.9% lower cost with OpenAI o3-mini)
Open Full Matchup Analysis →
A

When to Choose Mistral Large 2 (2411)

Choose Mistral Large 2 (2411) (Mistral AI) for sovereign enterprise multilingual flagship tuned for reasoning, strict JSON schemas, and European regulatory compliance — offering a 131k context window, 380ms TTFT, and $2.00/1M input pricing ($0.200/1M cached reads).

B

When to Choose OpenAI o3-mini

Choose OpenAI o3-mini (OpenAI) for competitive math reasoning, automated unit test generation, and structured logic pipelines — offering a 204k context window, 950ms TTFT, and $1.10/1M input pricing ($0.550/1M cached reads).

Related Questions & Decision Factors

Which is cheaper: Mistral Large 2 (2411) or OpenAI o3-mini?

OpenAI o3-mini is cheaper at $1.10/1M input tokens ($4.40/1M output) compared to $2.00/1M input ($6.00/1M output) for Mistral Large 2 (2411).

Which model has lower TTFT latency and higher tok/s throughput: Mistral Large 2 (2411) or OpenAI o3-mini?

Mistral Large 2 (2411) delivers faster first-token latency at 380ms TTFT (75 tok/s throughput) compared to 950ms TTFT (98 tok/s) for OpenAI o3-mini.

How do Mistral Large 2 (2411) and OpenAI o3-mini compare on SWE-bench coding and GPQA Diamond reasoning?

On SWE-bench Verified software engineering, Mistral Large 2 (2411) scores 45.2% versus 49.3% for OpenAI o3-mini. On GPQA Diamond graduate-level STEM reasoning, Mistral Large 2 (2411) scores 54.2% versus 79.7% for OpenAI o3-mini (and 76.5% vs 97.9% on MATH-500).

When should you choose Mistral Large 2 (2411)?

Choose Mistral Large 2 (2411) (Mistral AI) for sovereign enterprise multilingual flagship tuned for reasoning, strict JSON schemas, and European regulatory compliance — offering a 131k context window, 380ms TTFT, and $2.00/1M input pricing ($0.200/1M cached reads).

When should you choose OpenAI o3-mini?

Choose OpenAI o3-mini (OpenAI) for competitive math reasoning, automated unit test generation, and structured logic pipelines — offering a 204k context window, 950ms TTFT, and $1.10/1M input pricing ($0.550/1M cached reads).

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