GLM-5.2 (on Mistral) vs Kimi K3

Both are Flagship-tier models, from Mistral AI and Moonshot AI respectively. GLM-5.2 (on Mistral) is the cheaper choice overall at a 4:1 input:output ratio.

Which is cheaper

Side by side

SpecGLM-5.2 (on Mistral)Kimi K3
ProviderMistral AIMoonshot AI
TierFlagshipFlagship
Context window1M1.05M
Max output128K—
Input $/1M$1.40$3.00
Output $/1M$4.40$15.00
Cache read $/1M$0.14$0.30
Modalitiestexttext

GLM-5.2 (on Mistral). A Z.ai model resold by Mistral and served on Mistral's EU infrastructure, listed as zai-glm-5-2 on Mistral's own pricing page. Cache read is $0.14 per 1M.

Kimi K3. input is cache-miss (standard) price per 1M tokens; cache_read is cache-hit price ($0.30).

Sources

GLM-5.2 (on Mistral) — verified August 29, 2026

Kimi K3 — verified August 29, 2026

Full GLM-5.2 (on Mistral) pricing page → · Full Kimi K3 pricing page →