Mistral AI

Mistral Small 3.2

131K ctxTextImage Tools

Released Jun 20, 2025 · 41B tokens this week · 3 providers

Overview

A compact multimodal model that runs comfortably on a single GPU. Improved instruction-following and function calling over 3.1 at the same low price. A good open-weight base for fine-tuning narrow assistants.

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Providers

Reference data — not yet measured from live traffic

PROVIDER		MAX OUT		OUTPUT /M				QUANT
DeepInfraCheapest	131K	33K	$0.10	$0.30	380ms	140	98.80%	fp8
Mistral AI	131K	33K	$0.11	$0.33	200ms	165	99.80%	Full
Together AI	131K	33K	$0.12	$0.34	195ms	150	99.40%	Full

Latency p50 reflects a provider’s API endpoint responsiveness — the round-trip to its API, not per-token inference time. These figures, with throughput and uptime, are reference data until the gateway aggregates its own traffic.

Price comparison

Blended $ per 1M tokens

Mistral Small 3.2$0.25

DeepSeek V3.2$0.37

Gemini 3 Flash$1.95

GPT-5.2$10.94

Claude Sonnet 4.5$12.00

Blended rate per 1M tokens, weighted one part prompt to three parts completion — roughly the shape of a chat workload. Your mix will move the number.

Call it

OpenAI-compatible — swap the base URL and go

curl https://model.cards/api/v1/chat/completions \
  -H "Authorization: Bearer $MODELCARDS_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{
    "model": "mistralai/mistral-small-3.2",
    "messages": [
      { "role": "user", "content": "Summarize the tradeoffs of speculative decoding." }
    ]
  }'