LongCat-Flash-Lite vs Mistral Large 3 (675B Instruct 2512)

    Comparison

    As of August 25, 2026, LongCat-Flash-Lite is 75% cheaper per million tokens than Mistral Large 3 (675B Instruct 2512). LongCat-Flash-Lite is $0.10 / $0.40 per million input/output tokens versus Mistral Large 3 (675B Instruct 2512) at $0.50 / $1.50. Sources: https://anotherwrapper.com/tools/llm-pricing and https://docs.mistral.ai/platform/pricing/

    Sources: AnotherWrapper LLM pricing (https://anotherwrapper.com/tools/llm-pricing); Mistral AI pricing (https://docs.mistral.ai/platform/pricing/)

    Better value

    LongCat-Flash-Lite

    Meituan

    $0.50blended / 1M

    Input

    $0.10

    Output

    $0.40

    256K ctx|Open Source
    75%
    cheaper

    Mistral Large 3 (675B Instruct 2512)

    Mistral

    $2.00blended / 1M

    Input

    $0.50

    Output

    $1.50

    262.1K ctx|Open Source
    Save $1.50 per million tokens by choosing LongCat-Flash-Lite over Mistral Large 3 (675B Instruct 2512).

    LongCat-Flash-Lite vs Mistral Large 3 (675B Instruct 2512) comparison

    Token pricing, specs, and benchmarks side by side

    Shared benchmarks

    Each bar is share of the current leader on that eval. Click a row to open the board.

    LongCat-Flash-LiteMistral Large 3 (675B Instruct 2512)

    Score vs price

    GPQA. Left is cheaper. Up is a higher score. The line is the best score you can buy at each price.

    Best score at each priceLongCat-Flash-LiteMistral Large 3 (675B Instruct 2512)
    Metric
    LongCat-Flash-Lite
    Mistral Large 3 (675B Instruct 2512)
    Provider
    Provider
    Meituan
    Mistral
    License
    Open Source
    Open Source
    Release Date
    2026-02-05
    2025-12-04
    Pricing (per 1M tokens)
    Input Price-80%
    $0.10
    $0.50
    Output Price-73%
    $0.40
    $1.50
    Blended (1M + 1M)
    $0.50
    $2.00
    Model Details
    Context Window
    256K
    262.1K
    Max Output Tokens
    128K
    262.1K
    Knowledge Cutoff
    N/A
    N/A
    Throughput
    500 tok/s
    45.9 tok/s
    Benchmarks
    66.8%
    43.9%
    23.8%
    85.5%
    63.2%
    72.2%
    96.8%
    85.5%
    82.5%
    78.3%
    Benchmark Wins
    LongCat-Flash-Lite 1|0 Mistral Large 3 (675B Instruct 2512)

    Verdict

    LongCat-Flash-Lite vs Mistral Large 3 (675B Instruct 2512): the bottom line

    LongCat-Flash-Lite offers both lower pricing and stronger benchmark performance across the board, making it the clear value leader in this comparison.

    LongCat-Flash-Lite vs Mistral Large 3 (675B Instruct 2512) FAQ

    Which is cheaper, LongCat-Flash-Lite or Mistral Large 3 (675B Instruct 2512)?

    As of August 25, 2026, LongCat-Flash-Lite is 75% cheaper on blended LLM API pricing. LongCat-Flash-Lite costs $0.10 per million input tokens and $0.40 per million output tokens ($0.50 blended 1M-in + 1M-out). Mistral Large 3 (675B Instruct 2512) costs $0.50 / $1.50 per million tokens ($2.00 blended). Sources: https://anotherwrapper.com/tools/llm-pricing and https://docs.mistral.ai/platform/pricing/. The cheapest LLM for your app still depends on how many output tokens you generate.

    How much does LongCat-Flash-Lite vs Mistral Large 3 (675B Instruct 2512) cost per million tokens?

    LongCat-Flash-Lite Meituan API pricing is $0.10 input and $0.40 output per million tokens via Meituan. Mistral Large 3 (675B Instruct 2512) Mistral API pricing is $0.50 input and $1.50 output per million tokens via Mistral AI. Use those four numbers, not ChatGPT Plus or Claude Pro subscription prices, when you are comparing APIs.

    Which is better for coding, LongCat-Flash-Lite or Mistral Large 3 (675B Instruct 2512)?

    LongCat-Flash-Lite has a published SWE-bench Verified score of 54.4%. Mistral Large 3 (675B Instruct 2512) does not have that eval on this page yet.

    What is the context window for LongCat-Flash-Lite vs Mistral Large 3 (675B Instruct 2512)?

    LongCat-Flash-Lite supports a 256K token context window, while Mistral Large 3 (675B Instruct 2512) supports 262K tokens. Mistral Large 3 (675B Instruct 2512) offers a larger context window. Filling a larger window bills more input tokens, so the cheaper-per-million model can still cost more on long documents.

    Which model performs better on benchmarks, LongCat-Flash-Lite or Mistral Large 3 (675B Instruct 2512)?

    LongCat-Flash-Lite leads on 1 of 1 shared benchmarks versus Mistral Large 3 (675B Instruct 2512)'s 0 wins. Check the comparison table for GPQA Diamond, SWE-bench, MMLU, HLE, and the other evals we track. Token price and benchmark score together are the usual LLM comparison, not either number alone.

    Is LongCat-Flash-Lite or Mistral Large 3 (675B Instruct 2512) better for production use?

    Both LongCat-Flash-Lite and Mistral Large 3 (675B Instruct 2512) are production API models. For cost-sensitive production traffic, LongCat-Flash-Lite has better economics on the blended 1M-in + 1M-out scale. For maximum capability, weight the benchmark table for your domain. Many production stacks route cheap models for drafts and a frontier model for the hard turn, which is usually cheaper than sending everything to the expensive API.

    Can I switch between LongCat-Flash-Lite and Mistral Large 3 (675B Instruct 2512) in my app?

    Yes. Call LongCat-Flash-Lite through Meituan and Mistral Large 3 (675B Instruct 2512) through Mistral AI with separate API keys, or through a gateway that already wraps both. Keep prompts in tokens, not characters, when you estimate the invoice. AnotherWrapper templates can swap providers without rewriting auth and billing.

    How accurate is this LongCat-Flash-Lite vs Mistral Large 3 (675B Instruct 2512) pricing data?

    List rates are the latest published Meituan API pricing and Mistral API pricing, quoted per million tokens. Official rate sheets: https://anotherwrapper.com/tools/llm-pricing and https://docs.mistral.ai/platform/pricing/. Prompt caching, batch APIs, and committed-use discounts can change the invoice. Benchmark scores are from official publications and independent evals, updated as new numbers land.

    What is the output token limit for LongCat-Flash-Lite and Mistral Large 3 (675B Instruct 2512)?

    LongCat-Flash-Lite supports up to 128K output tokens per request, while Mistral Large 3 (675B Instruct 2512) supports up to 262K output tokens. Output tokens are usually the expensive half of API pricing, so a higher max output cap is a capability, not a discount.

    Which model has better throughput, LongCat-Flash-Lite or Mistral Large 3 (675B Instruct 2512)?

    LongCat-Flash-Lite runs at approximately 500 tokens/second while Mistral Large 3 (675B Instruct 2512) runs at 45.9 tokens/second. LongCat-Flash-Lite is faster in raw throughput. Throughput (tokens per second) and time-to-first-token are why two models with the same per-million-token price can still feel different in chat and agents.

    How do I switch the models in this LongCat-Flash-Lite vs Mistral Large 3 (675B Instruct 2512) comparison?

    Use the model pickers at the top of this LLM comparison. Search any model in the index and the URL updates. Open LongCat-Flash-Lite or Mistral Large 3 (675B Instruct 2512) from the sidebar for the single-model API pricing page, or go back to the LLM pricing table to sort by cheapest blended cost.

    LongCat-Flash-Lite vs Mistral Large 3 (675B Instruct 2512) pricing

    This comparison covers API pricing, context window, throughput, and benchmark scores. LongCat-Flash-Lite costs $0.10/M input and $0.40/M output. Mistral Large 3 (675B Instruct 2512) costs $0.50/M input and $1.50/M output via Mistral AI.

    Rank both on the LLM leaderboard, SWE-bench, and Humanity's Last Exam.

    The index

    All Large Language Models

    280 models across 33 providers. Search or jump to a lab — every model page stays linked here.

    Baidu

    1 models

    Inception

    1 models

    inclusionAI

    1 models

    LG AI Research

    1 models

    Nous Research

    1 models

    Sakana AI

    1 models

    StepFun

    1 models

    Tencent

    1 models

    Thinking Machines

    1 models

    Unisound

    1 models

    Upstage

    1 models

    Next step

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