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  5. Mercury 2.5vsMistral Small 4
Updated Sep 2026

Mercury 2.5vsMistral Small 4

Mercury 2.5 is cheaper than Mistral Small 4 at $0.04/M vs $0.15/M input tokens.

Mercury 2.5 and Mistral Small 4 compared across 20 shared prompts
SpecMercury 2.5Mistral Small 4
Input price$0.04/M tokens$0.15/M tokens
Output price$0.15/M tokens$0.6/M tokens
Context window260K tokens262K tokens
Weights—Open
Free API (OpenRouter)NoNo
ReleasedSep 2026Mar 2026
Side by side

Same prompt, both answers

Opening lines from 6 of the 20 prompts both answered. Formatting stripped, words untouched.

Simple 7-Ingredient Recipe

Create a simple recipe for a delicious dish (sweet or savory) using only 7 common pantry ingredients. Include a creative name for the dish…

Mercury 2.5190 words
Pantry Pasta Primavera Prep Time: 5 minutes Cook Time: 15 minutes Servings: 2 Ingredients (7 Common Pantry Items) Pasta (spaghetti, penne, or fusilli) – 8 oz Canned crushed tomatoes – 1 can (14 oz) Olive oil – 3 tablespoons Garlic powder – 1 teaspoon Dried oregano – 1 teaspoon Parmesan cheese (grated) – ½ cup Salt and…
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Mistral Small 4150 words
Golden Honey & Cinnamon Couscous A quick, fragrant dish with warm spices and a touch of sweetness—perfect as a side or light meal! Ingredients (7): 1 cup couscous (uncooked) 1 ¼ cups water or broth 2 tbsp honey 2 tbsp butter or olive oil ½ tsp ground cinnamon ¼ cup raisins or chopped nuts (optional but recommended)…
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Historical Counterfactual Analysis

If the transistor had been invented in 1920 instead of 1947, trace the likely technological, economic, and geopolitical implications through…

Mercury 2.5660 words
Inventing the transistor in 1920 would have fundamentally reshaped the 20th century, compressing the digital age by roughly two decades. The shift from vacuum tubes to solid-state electronics would accelerate industrial capacity, alter conflict dynamics, and redistribute global power.
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Mistral Small 41,637 words
If the transistor had been invented in 1920 instead of 1947, the technological, economic, and geopolitical landscape of the world by 1980 would look dramatically different. Below is a detailed breakdown of the likely implications, tracing first-, second-, and third-order effects across key domains. 1.
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Explain Like I'm a Specific Expert

Explain how a large language model (like GPT or Claude) learns and generates text to each of these three audiences: 1. **An experienced…

Mercury 2.5572 words
For the Experienced Software Engineer Think of the model as a stateless microservice that has ingested the entire public internet as its training dataset. During the training phase, it performs a massive distributed optimization job, adjusting internal weights to minimize a loss function based on next-token prediction.
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Mistral Small 4880 words
1. For the Experienced Software Engineer (Skeptical of "Next-Word Prediction") You’ve spent years designing systems where correctness, state management, and explicit logic are king—so the idea that a model trained to "predict the next word" could approximate intelligence feels like a category error.
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Michelin Star Recipe Design

Design an innovative recipe for a multi-component dish worthy of a Michelin 3-star restaurant. The recipe should feature an unusual…

Mercury 2.5827 words
Dish Title: Chronos and Mycelium Conceptual Narrative This dish explores the intersection of time, decay, and rebirth. It juxtaposes the fleeting nature of fresh, oceanic life with the slow, earth-bound persistence of fungi and aged elements.
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Mistral Small 4960 words
Dish Title: "Echoes of the Abyss" Concept: A multi-sensory ode to deep-sea hydrothermal vents, where hyperthermophilic organisms thrive in extreme conditions. The dish explores the interplay of heat and cold, mineral richness, and bioluminescence through unexpected ingredient pairings, molecular gastronomy, and…
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Mini LBO Underwrite

You are underwriting a 5-year LBO for a private equity investment committee. Company (fictional): HarborTech Services (HTS) –…

Mercury 2.5403 words
1. Simplified Year-by-Year LBO Model (FY2026–FY2030) Entry Assumptions: Enterprise Value (EV): $120m × 12.0x = $1,440m Transaction Fees: $1,440m × 2.0% = $28.8m Total Debt at Close: $120m × 5.5x = $660m Term Loan: $120m × 4.0x = $480m Mezzanine: $120m × 1.5x = $180m Equity Required: $1,440m (EV) + $28.8m (Fees) − $660m…
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Mistral Small 4418 words
1) Year-by-Year LBO Model (FY2026–FY2030) ($m) FY2026 FY2027 FY2028 FY2029 FY2030 Revenue 972 1,040 1,103 1,158 1,216 EBITDA 136 156 176 192 207 Cash Interest - Term Loan 32.4 28.8 25.2 21.6 18.0 - Mezzanine 16.2 14.4 12.6 10.8 9.0 - PIK (2%) 3.6 4.4 5.3 6.3 7.4 Total Int.
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Adversarial Contract Review

Here is a contract for a software consulting engagement: --- SOFTWARE CONSULTING AGREEMENT This Agreement is entered into between TechCorp…

Mercury 2.5501 words
Here is an analysis of the contract clauses that pose significant risk to the contractor, along with suggested modifications and legal reasoning. Scope and Compensation (Clause 1) Risk: The client can expand the project indefinitely without paying extra.
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Mistral Small 41,392 words
This contract contains several highly unfavorable clauses for the contractor, including unilateral termination rights, broad liability exposure, perpetual IP assignment, and restrictive non-compete terms. Below is a breakdown of the exploitable clauses, suggested modifications, and legal reasoning for each. 1.
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Our Verdict
Mercury 2.5
Mercury 2.5
Mistral Small 4
Mistral Small 4Runner-up

Not enough votes to call it. On the specs, Mercury 2.5 has the edge: bigger model tier, newer.

Mercury 2.5 costs 4.0x less per token.

Too close to call

Reviewing agent-written code?See a Brief PR report

API pricing

Cost per 1M tokens

Mercury 2.5
Input
$0.04
3.8× cheaper
Output
$0.15
4.0× cheaper
Mistral Small 4
Input
$0.15
Output
$0.60

Mercury 2.5 is cheaper on both: 3.8× input, 4.0× output.

Where to run it

2 hosts

Mercury 2.51 host
HostInOutContextUptime
Inception$0.04 in·$0.15 out·260k·100% up
Mistral Small 41 host
HostInOutContextUptime
Mistral$0.15 in·$0.60 out·262k·100% up

Per million tokens. Prices and uptime via OpenRouter, checked 23 Sep 2026.

Research

What we learned reading every model

FAQ

Common questions

Mercury 2.5 is developed by Inception while Mistral Small 4 is developed by Mistral AI. Mercury 2.5 has a 260K token context window vs Mistral Small 4's 262K. You can compare their actual outputs across 20 challenges on Rival to see how they differ in practice.

It depends on your use case. Mercury 2.5 and Mistral Small 4 each have strengths in different areas. Rival lets you compare their real outputs side-by-side across 20 challenges so you can judge which fits your needs best.

Mercury 2.5 costs $0.04/M input tokens and Mistral Small 4 costs $0.15/M input tokens. Mercury 2.5 is $0.11/M cheaper per input. Check their side-by-side outputs on Rival to see if the price difference is justified by quality.

This page shows a side-by-side comparison of Mercury 2.5 and Mistral Small 4 across shared challenges. You can vote on which model produced the better output in a blind duel. Browsing and voting are free. No account is needed to look; signing in only saves your votes and likes.

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