Mistral Small (2603) vs GPT-6 Luna

Mistral Small (2603) (Mistral) costs $0.15 per million input tokens and $0.60 per million output tokens; GPT-6 Luna (OpenAI) costs $0.10 and $0.50. GPT-6 Luna is 1.3× cheaper for a typical 3:1 input-to-output mix. GPT-6 Luna has the larger context window (922K vs 262K tokens).

Mistral Small (2603)GPT-6 Luna
ProviderMistralOpenAI
Input / 1M tokens$0.15$0.10
Output / 1M tokens$0.60$0.50
Cached input / 1M$0.015$0.01
Blended (3:1)$0.26$0.20
Context window262K922K
Max output262K128K
VisionYesYes
Tool useYesYes
ReasoningYesYes
Listed sinceAug 16, 2026Sep 27, 2026

Cost per 1,000 requests

WorkloadMistral Small (2603)GPT-6 Luna
Chatbot reply2,000 input + 500 output tokens$0.60$0.45
RAG / search answer8,000 input + 700 output tokens$1.62$1.15
Long-document summary100,000 input + 2,000 output tokens$16.20$11.00

Blended price history

Mistral Small (2603)GPT-6 Luna
$0$0.080$0.160$0.240$0.320Sep 26Oct 26$0.262$0.200

Blended = (3 × input + output) ÷ 4, per million tokens. Each line starts when the model first appeared in the price list.

The companies

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List prices for each provider's own API (USD), taken daily from LiteLLM's public model price list. Batch, caching and committed-use discounts aren't reflected. Price alone says nothing about output quality; check benchmarks and your own evaluations before switching.