Model Comparison 2026

GPT-5.4 vs Mistral Large 3

GPT-5.4
OpenAI · Balanced · Proprietary
$6.25/1M · 1.1M ctx
Mistral Large 3
Mistral · Balanced · Open weights
$0.80/1M · 262K ctx

Community Vote

Pick a winner in each dimension — change your vote anytime.

Output Quality
Correctness and depth of what it produces
Agentic Ability
Tool calls, instruction-following, and multi-step tasks
Speed
Tokens per second and time-to-first-token
Value for $
How much capability you get per dollar
Reliability
Consistent results — fewer refusals, loops, and format breaks

Specs & Pricing, Side by Side

Spec
GPT-5.4
Mistral Large 3
Maker
OpenAI
Mistral
Blended price / 1M
$6.25
$0.80
Input / output
$2.50 in · $15 out / 1M tokens
$0.50 in · $1.50 out / 1M tokens
Context window
1.1M
262K
Open weights
No
Yes
Tool use
Yes
Yes
Reasoning
Yes
No
Output Quality
9.2
8.0
Agentic Ability
9.1
7.8
Speed
7.6
8.0
Value for $
8.1
8.9
Reliability
8.6
8.6

Pricing and capabilities synced from the OpenRouter catalogue. Scores are editorial (0–10).

Verdict: GPT-5.4 or Mistral Large 3?

Updated 2026-06-22

Choose GPT-5.4 if you want the OpenAI daily driver — strong and well-priced. Choose Mistral Large 3 if you want general-purpose open-weight agent work, especially in the EU.

Editorially it's close: each model leads in 2 of our five dimensions. On price, GPT-5.4 runs about $6.25 per 1M tokens (blended) and is proprietary; Mistral Large 3 is about $0.80 and open-weight.

Where GPT-5.4 falls short
  • A notch below 5.5 on the hardest tasks
  • Still pricier than open models
Full GPT-5.4 breakdown →
Where Mistral Large 3 falls short
  • Below the very top models
  • Less agent-community momentum than GLM/Qwen
Full Mistral Large 3 breakdown →

The model is half the story — the agent is the other half

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