Mistral Small 4 (Reasoning) vs Qwen3.5 122B A10B (Reasoning)
Which is better for the money: Mistral Small 4 (Reasoning) by Mistral or Qwen3.5 122B A10B (Reasoning) by Alibaba? 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
Qwen3.5 122B A10B (Reasoning) scores 4.3 points higher (15.6 vs 11.3) but costs 16× as much to run the benchmark ($661 vs $42.5; premium vs budget cost classes). They are not alternatives at one budget: pick Qwen3.5 122B A10B (Reasoning) when you need intelligence above 11.3, and Mistral Small 4 (Reasoning) when 11.3 is enough.
| Metric | Mistral Small 4 (Reasoning) | Qwen3.5 122B A10B (Reasoning) | Difference |
|---|---|---|---|
| Intelligence (higher is better) | 11.3 | 15.6 | +38.1% Qwen3.5 122B A10B (Re… is 38.1% more intelligent |
| Total AA cost (lower is better) | $42.50 | $661.29 | +1456.0% Qwen3.5 122B A10B (Re… is 16× more expensive |
| End-to-end time (lower is better) | 14.50s | 21.72s | +49.8% Qwen3.5 122B A10B (Re… is 49.8% slower |
| Price per 1M tokens (in / out) | $0.15 / $0.60 | $0.40 / $3.20 | |
| Input modalities | Text, Image | Text, Image |
Qwen3.5 122B A10B (Reasoning) vs Mistral Small 4 (Reasoning): 38.1% more intelligence, 1456.0% more cost to run the AA benchmark, and 49.8% slower end-to-end.
Today's Pareto frontier
Against the frontier
- Mistral Small 4 (Reasoning) is off the frontier: at the same or lower cost, GPT-6 Luna (Medium) scores 29.90 for $31.2.
- Qwen3.5 122B A10B (Reasoning) is off the frontier: at the same or lower cost, GPT-6.1 Sol (High) scores 50.20 for $521.
Mistral Small 4 (Reasoning)Qwen3.5 122B A10B (Reasoning)Today's Pareto frontierOpen-weights frontierEvery other model
Matchup
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