GPT-5.4 nano (Xhigh) vs Mistral Small 4 (Reasoning)
Which is better for the money: GPT-5.4 nano (Xhigh) by OpenAI or Mistral Small 4 (Reasoning) by Mistral? Intelligence, total benchmark cost, and end-to-end time from Artificial Analysis & other sources, snapshot 2026-10-24.
Trade-off
Verdict
Depends on your budget
GPT-5.4 nano (Xhigh) scores 9.4 points higher (20.7 vs 11.3) but costs 7.8× as much to run the benchmark ($331 vs $42.5; mid-range vs budget cost classes). They are not alternatives at one budget: pick GPT-5.4 nano (Xhigh) when you need intelligence above 11.3, and Mistral Small 4 (Reasoning) when 11.3 is enough.
| Metric | GPT-5.4 nano (Xhigh) | Mistral Small 4 (Reasoning) | Difference |
|---|---|---|---|
| Intelligence (higher is better) | 20.7 | 11.3 | −45.4% Mistral Small 4 (Reas… is 45.4% less intelligent |
| Total AA cost (lower is better) | $331.24 | $42.50 | −87.2% Mistral Small 4 (Reas… is 87.2% cheaper |
| End-to-end time (lower is better) | 53.29s | 14.50s | −72.8% Mistral Small 4 (Reas… is 72.8% faster |
| Price per 1M tokens (in / out) | $0.20 / $1.25 | $0.15 / $0.60 | |
| Input modalities | Text, Image | Text, Image |
Mistral Small 4 (Reasoning) vs GPT-5.4 nano (Xhigh): 45.4% less intelligence, 87.2% less cost to run the AA benchmark, and 72.8% faster end-to-end.
Today's Pareto frontier
Against the frontier
- GPT-5.4 nano (Xhigh) is off the frontier: at the same or lower cost, MiMo-V2.6-Pro scores 46.30 for $207.
- Mistral Small 4 (Reasoning) is off the frontier: at the same or lower cost, GPT-6 Luna (Medium) scores 29.90 for $31.2.
GPT-5.4 nano (Xhigh)Mistral Small 4 (Reasoning)Today's Pareto frontierOpen-weights frontierEvery other model
Matchup
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Accept: text/markdown or ?format=md returns this page as Markdown. JSON: /api/v1/compare/gpt-5-4-nano/mistral-small-4 · Markdown: /api/v1/compare/gpt-5-4-nano/mistral-small-4?format=md · llms.txt · agent skill