Kimi K2 Base vs Mistral Medium 3.5

    Comparison

    As of August 30, 2026, Kimi K2 Base is 68% cheaper per million tokens than Mistral Medium 3.5. Kimi K2 Base is $0.57 / $2.30 per million input/output tokens versus Mistral Medium 3.5 at $1.50 / $7.50. Sources: https://openrouter.ai/moonshotai/kimi-k2 and https://docs.mistral.ai/platform/pricing/

    Sources: OpenRouter pricing (https://openrouter.ai/moonshotai/kimi-k2); Mistral AI pricing (https://docs.mistral.ai/platform/pricing/)

    Better value

    Kimi K2 Base

    Moonshot AI

    $2.87blended / 1M

    Input

    $0.57

    Output

    $2.30

    131.1K ctx|Open Source
    68%
    cheaper

    Mistral Medium 3.5

    Mistral

    $9.00blended / 1M

    Input

    $1.50

    Output

    $7.50

    256K ctx|Open Source
    Save $6.13 per million tokens by choosing Kimi K2 Base over Mistral Medium 3.5.

    Kimi K2 Base vs Mistral Medium 3.5 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.

    Kimi K2 BaseMistral Medium 3.5

    Score vs price

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

    Best score at each priceKimi K2 BaseMistral Medium 3.5
    Metric
    Kimi K2 Base
    Mistral Medium 3.5
    Provider
    Provider
    Moonshot AI
    Mistral
    License
    Open Source
    Open Source
    Release Date
    2025-07-11
    2026-04-29
    Pricing (per 1M tokens)
    Input Price-62%
    $0.57
    $1.50
    Output Price-69%
    $2.30
    $7.50
    Blended (1M + 1M)
    $2.87
    $9.00
    Model Details
    Context Window
    131.1K
    256K
    Max Output Tokens
    N/A
    256K
    Knowledge Cutoff
    N/A
    N/A
    Throughput
    N/A
    1 tok/s
    Benchmarks
    48.1%
    34.9%
    39.6%
    48.6%
    35.3%
    69%
    86.3%
    87.8%
    70.2%
    66.9%
    92.5%
    95.8%
    58.8%
    0%
    77.6%
    11.2%
    80.3%
    92.1%
    33.8%
    67.7%
    69.2%
    75.3%
    37.6%
    44.7%
    13.4%
    76.1%
    91.4%
    68.0%
    85.1%
    Benchmark Wins
    Kimi K2 Base 0|1 Mistral Medium 3.5

    Verdict

    Kimi K2 Base vs Mistral Medium 3.5: the bottom line

    Kimi K2 Base offers significantly lower pricing, while Mistral Medium 3.5 leads on benchmark performance. Your choice depends on whether cost efficiency or raw capability matters more for your use case.

    Kimi K2 Base vs Mistral Medium 3.5 FAQ

    Which is cheaper, Kimi K2 Base or Mistral Medium 3.5?

    As of August 30, 2026, Kimi K2 Base is 68% cheaper on blended LLM API pricing. Kimi K2 Base costs $0.57 per million input tokens and $2.30 per million output tokens ($2.87 blended 1M-in + 1M-out). Mistral Medium 3.5 costs $1.50 / $7.50 per million tokens ($9.00 blended). Sources: https://openrouter.ai/moonshotai/kimi-k2 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 Kimi K2 Base vs Mistral Medium 3.5 cost per million tokens?

    Kimi K2 Base OpenRouter API pricing is $0.57 input and $2.30 output per million tokens via OpenRouter. Mistral Medium 3.5 Mistral API pricing is $1.50 input and $7.50 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, Kimi K2 Base or Mistral Medium 3.5?

    Mistral Medium 3.5 has a published SWE-bench Verified score of 77.6%. Kimi K2 Base does not have that eval on this page yet.

    What is the context window for Kimi K2 Base vs Mistral Medium 3.5?

    Kimi K2 Base supports a 131K token context window, while Mistral Medium 3.5 supports 256K tokens. Mistral Medium 3.5 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, Kimi K2 Base or Mistral Medium 3.5?

    Mistral Medium 3.5 leads on 1 of 1 shared benchmarks versus Kimi K2 Base'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 Kimi K2 Base or Mistral Medium 3.5 better for production use?

    Both Kimi K2 Base and Mistral Medium 3.5 are production API models. For cost-sensitive production traffic, Kimi K2 Base 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 Kimi K2 Base and Mistral Medium 3.5 in my app?

    Yes. Call Kimi K2 Base through OpenRouter and Mistral Medium 3.5 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 Kimi K2 Base vs Mistral Medium 3.5 pricing data?

    List rates are the latest published OpenRouter API pricing and Mistral API pricing, quoted per million tokens. Official rate sheets: https://openrouter.ai/moonshotai/kimi-k2 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 Kimi K2 Base and Mistral Medium 3.5?

    Kimi K2 Base supports up to an unspecified number of output tokens per request, while Mistral Medium 3.5 supports up to 256K 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, Kimi K2 Base or Mistral Medium 3.5?

    Mistral Medium 3.5 has a measured throughput of approximately 1 tokens/second. Throughput data for Kimi K2 Base is not yet available. 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 Kimi K2 Base vs Mistral Medium 3.5 comparison?

    Use the model pickers at the top of this LLM comparison. Search any model in the index and the URL updates. Open Kimi K2 Base or Mistral Medium 3.5 from the sidebar for the single-model API pricing page, or go back to the LLM pricing table to sort by cheapest blended cost.

    Kimi K2 Base vs Mistral Medium 3.5 pricing

    This comparison covers API pricing, context window, throughput, and benchmark scores. Kimi K2 Base costs $0.57/M input and $2.30/M output via OpenRouter. Mistral Medium 3.5 costs $1.50/M input and $7.50/M output via Mistral AI.

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

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