AI model comparison

Mistral Small (latest) vs GPT-5 Nano

Compare pricing, context limits, supported inputs and deployment options to choose a model for your workflow.

Mistral Small (latest) from Mistral AI lists 256K context, 256K maximum output, $0.15 input per 1M tokens, $0.60 output per 1M tokens. GPT-5 Nano from OpenAI lists 400K context, 128K maximum output, $0.05 input per 1M tokens, $0.40 output per 1M tokens. Compare the inputs, outputs and deployment options below to see which fits your workflow.

Side-by-sideCapabilities and practical differences

Mistral AI

Mistral Small (latest)

Mistral Small (latest) from Mistral AI: Efficient Mistral model for fast chat, extraction, and production assistants.

Context
256K
Max output
256K
Input / 1M tokens
$0.15
Output / 1M tokens
$0.60

Accepts

  • Text input
  • Image input

Produces

  • Text output
VS

OpenAI

GPT-5 Nano

GPT-5 Nano from OpenAI: Tiny GPT-5 lane for routing, extraction, classification, and bulk jobs.

Context
400K
Max output
128K
Input / 1M tokens
$0.05
Output / 1M tokens
$0.40

Accepts

  • Text input
  • Image input

Produces

  • Text output

At a glance

Key differences

Compare the available figures below, then try both models on the work you need to do.

Mistral Small (latest)

  • Maximum output: 256K

GPT-5 Nano

  • Context capacity: 400K
  • Input price: $0.05
  • Output price: $0.40

Context capacity

Higher listed limit

Mistral Small (latest):256K

GPT-5 Nano:400K

GPT-5 Nano

Maximum output

Higher listed limit

Mistral Small (latest):256K

GPT-5 Nano:128K

Mistral Small (latest)

Input price

Lower listed token rate

Mistral Small (latest):$0.15

GPT-5 Nano:$0.05

GPT-5 Nano

Output price

Lower listed token rate

Mistral Small (latest):$0.60

GPT-5 Nano:$0.40

GPT-5 Nano

Specifications

Pricing, limits and capabilities

Specifications for Mistral Small (latest) and GPT-5 Nano. Higher limits and lower prices describe these figures only.
SpecificationMistral Small (latest)GPT-5 Nano
ProviderMistral AIOpenAI
Listed pricing routeMistral AIOpenAI
Model familymistral-smallgpt-nano
Accepted inputstext, imagetext, image
Produced outputstexttext
Context window256K400KHigher
Max output256KHigher128K
Input price / 1M$0.15$0.05Lower
Output price / 1M$0.60$0.40Lower
Reasoning modeDocumentedDocumented
Tool callingDocumentedDocumented
Image inputDocumentedDocumented
Audio inputNot documentedNot documented
Structured outputNot documentedDocumented
LicenseOpen weightsProprietary

Workload guidance

Which model should you choose?

Consider Mistral Small (latest) if you need larger maximum output. Consider GPT-5 Nano if you need larger context or a lower listed input rate or a lower listed output rate. Mistral Small (latest) offers downloadable weights; GPT-5 Nano is listed as a proprietary model. Compare licence terms and operating costs before choosing a deployment. Test both on the same representative examples and judge the output against your acceptance criteria. Include tool failures, retries and the time to a completed task.

Documentation and model profiles

Explore each model’s features, API requirements and licence terms in the sources below.

Questions people ask

It brings together documented inputs and outputs, token limits, deployment terms and available pricing. When both models have source-linked, verified results on a shared benchmark, those results are shown with their individual sources. The comparison is a starting point for evaluating your own workload.

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