Kimi K3 vs Mistral Large 3
Both are Flagship-tier models, from Moonshot AI and Mistral AI respectively. Mistral Large 3 is the cheaper choice overall at a 4:1 input:output ratio.
Which is cheaper
- Input price: Mistral Large 3 is cheaper ($0.50 vs $3.00).
- Output price: Mistral Large 3 is cheaper ($1.50 vs $15.00).
- Blended, 4:1 input:output ratio: Mistral Large 3 is 87% cheaper ($0.70 vs $5.40 per weighted 1M tokens).
Side by side
| Spec | Kimi K3 | Mistral Large 3 |
|---|---|---|
| Provider | Moonshot AI | Mistral AI |
| Tier | Flagship | Flagship |
| Context window | 1.05M | 256K |
| Max output | — | — |
| Input $/1M | $3.00 | $0.50 |
| Output $/1M | $15.00 | $1.50 |
| Cache read $/1M | $0.30 | — |
| Modalities | text | text |
Kimi K3. input is cache-miss (standard) price per 1M tokens; cache_read is cache-hit price ($0.30).
Sources
Kimi K3 — verified August 29, 2026
Mistral Large 3 — verified August 29, 2026
Full Kimi K3 pricing page → · Full Mistral Large 3 pricing page →