Hy3 vs Mistral Small 3.2
Which is better for the money: Hy3 by Tencent or Mistral Small 3.2 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
Hy3 scores 18.3 points higher (25.3 vs 7.0) but costs 1.2× as much to run the benchmark ($150 vs $122; both mid-range class). Pick Hy3 when the extra intelligence is worth the premium, otherwise Mistral Small 3.2.
| Metric | Hy3 | Mistral Small 3.2 | Difference |
|---|---|---|---|
| Intelligence (higher is better) | 25.3 | 7.0 | −72.3% Mistral Small 3.2 is 72.3% less intelligent |
| Total AA cost (lower is better) | $149.61 | $121.78 | −18.6% Mistral Small 3.2 is 18.6% cheaper |
| End-to-end time (lower is better) | 33.29s | 12.50s | −62.5% Mistral Small 3.2 is 62.5% faster |
| Price per 1M tokens (in / out) | $0.14 / $0.56 | $0.07 / $0.20 | |
| Input modalities | Text | Text, Image |
Mistral Small 3.2 vs Hy3: 72.3% less intelligence, 18.6% less cost to run the AA benchmark, and 62.5% faster end-to-end.
Today's Pareto frontier
Against the frontier
- Hy3 is off the frontier: at the same or lower cost, GPT-6 Luna (Max) scores 38.10 for $122.
- Mistral Small 3.2 is off the frontier: at the same or lower cost, MiMo-V2.6-Flash scores 37.90 for $110.
Hy3Mistral Small 3.2Today'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/hy3/mistral-small-3-2 · Markdown: /api/v1/compare/hy3/mistral-small-3-2?format=md · llms.txt · agent skill