Home / Compare / Phi 4 vs Mistral Large 3 2512

Phi 4 vs Mistral Large 3 2512

For a typical chat reply (2,000 tokens in, 400 out), Mistral Large 3 2512 costs 8.2× as much as Phi 4: $1.60 against $0.196 per 1,000 requests at list price on 2026-09-28.

Phi 4Mistral Large 3 2512
Input, per 1M tokens$0.07$0.50
Output, per 1M tokens$0.14$1.50
Context window16K262K
Classification or routing (600 tokens in, 10 out), per 1,000$0.0434$0.315
Chat reply (2,000 in, 400 out), per 1,000$0.196$1.60
Retrieval-augmented answer (8,000 in, 500 out), per 1,000$0.63$4.75
Confidence signalnono
Tool callingnoyes

Which one should carry your traffic?

If Phi 4 answers your requests as well as Mistral Large 3 2512, moving that traffic saves 88% on chat-shaped requests. Averages cannot tell you whether it does for your requests. Phi 4 does not expose a confidence signal through OpenRouter, so Gimbix would test it as a full replacement rather than a first answer.

Phi 4 profile · Mistral Large 3 2512 profile · Measure it on your traffic