Mistral Small 4 vs Nemotron 3.5 Lightning

Price, context window & benchmark comparison

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Mistral Small 4

Mistral AI
$0.15 / $0.60
Input / Output · per 1M tokens
VS
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Nemotron 3.5 Lightning

NVIDIA
$0.08 / $0.20
Input / Output · per 1M tokens
Compare different models
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Verdict: Nemotron 3.5 Lightning is 2.4× cheaper than Mistral Small 4 on a typical 3:1 input/output mix. Nemotron 3.5 Lightning scores higher on the Artificial Analysis Intelligence Index (12.9 vs 11.3).
Mistral Small 4Nemotron 3.5 Lightning
Input price / 1M$0.15$0.08
Output price / 1M$0.60$0.20
Blended price (3:1)$0.26$0.11
Cached input / 1M$0.015$0.04
Context window262K262K
Max output210K131K
Intelligence index11.312.9
Coding index26.626.8
Providers34
Best provider uptime (30m)100.0%100.0%
Vision inputYesNo
ReasoningYesYes
Tool callingYesYes
Released2026-03-162026-08-11
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FAQ

Which is cheaper, Mistral Small 4 or Nemotron 3.5 Lightning?

Nemotron 3.5 Lightning is 2.4× cheaper than Mistral Small 4 on a typical 3:1 input/output mix.

Mistral Small 4 vs Nemotron 3.5 Lightning: which has a bigger context window?

Mistral Small 4: 262,144 tokens. Nemotron 3.5 Lightning: 262,144 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: Mistral Small 4 ≈ $600.00, Nemotron 3.5 Lightning ≈ $260.00.

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