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Model comparison - Similar price, same tier

GLM-5.3 vs Mistral Medium 3.5

GLM-5.3 is from Z.ai and Mistral Medium 3.5 is from Mistral AI. On list price, GLM-5.3 charges 7% less than Mistral Medium 3.5 for input ($1.40 vs $1.50 per 1M tokens), and Mistral Medium 3.5 charges 1.7x GLM-5.3's output price ($7.50 vs $4.40 per 1M tokens). GLM-5.3 has a 1,000,000-token context window and Mistral Medium 3.5 256,000 tokens; GLM-5.3 returns up to 128,000 output tokens per response, and no primary source states a max output for Mistral Medium 3.5. GLM-5.3 was released on August 18, 2026 and Mistral Medium 3.5 on April 27, 2026. Both publish open weights.

Last verified from each provider's pricing page. All sources

Z.ai - Open

GLM-5.3
Input / 1M
$1.40
Output / 1M
$4.40
Context
1M

Mistral AI - Open

Mistral Medium 3.5
Input / 1M
$1.50
Output / 1M
$7.50
Context
256K

Side-by-side specs

SpecGLM-5.3Mistral Medium 3.5
ProviderZ.aiMistral AI
Input / 1M tokens$1.40$1.50
Output / 1M tokens$4.40$7.50
Cache read / 1M$0.26$0.15
Batch input / 1M-$0.75
Batch output / 1M-$3.75
Context window1,000,000256,000
Max output128,000-
Release date
WeightsOpenOpen
LicenseGLM-5.3 license (Hugging Face license tag: other)Modified MIT (https://huggingface.co/mistralai/Mistral-Medium-3.5-128B/blob/main/LICENSE)
API model idglm-5.3mistral-medium-3-5
AI Gateway idzai/glm-5.3mistral/mistral-medium-3.5
Last verified

Prices in USD per 1M tokens at each provider's standard first-party rate. A dash means the provider does not bill that item separately or no primary page states it.

What each costs in practice

The same three workloads every model page uses, worked from each model's standard list rates. Swap in your own token counts with the math on each model's page.

WorkloadGLM-5.3Mistral Medium 3.5
One agent session1M input tokens and 100K output tokens, no caching.$1.84$2.25
A chat app10,000 requests a day at 2K input and 500 output tokens each.$50.00$1,500.00 per 30-day month$67.50$2,025.00 per 30-day month
The same session at a 90% cache hit90% of the input is read from the prompt cache. The one-time cache write premium is not included.$0.814$1.04
Show the math

GLM-5.3

  • One agent sessionInput: 1M x $1.40 = $1.40Output: 0.1M x $4.40 = $0.44
  • A chat appInput: 20M x $1.40 = $28.00Output: 5M x $4.40 = $22.00
  • The same session at a 90% cache hitCached input: 0.9M x $0.26 = $0.234Uncached input: 0.1M x $1.40 = $0.14Output: 0.1M x $4.40 = $0.44

Mistral Medium 3.5

  • One agent sessionInput: 1M x $1.50 = $1.50Output: 0.1M x $7.50 = $0.75
  • A chat appInput: 20M x $1.50 = $30.00Output: 5M x $7.50 = $37.50
  • The same session at a 90% cache hitCached input: 0.9M x $0.15 = $0.135Uncached input: 0.1M x $1.50 = $0.15Output: 0.1M x $7.50 = $0.75

Benchmarks under the same setting

No board in the benchmark directory lists both GLM-5.3 and Mistral Medium 3.5 under the same setting, so there is no like-for-like score to show here.

Set them up in your tools

Step-by-step guides whose official docs list GLM-5.3 or Mistral Medium 3.5 by model id.

Model pages

FAQ

How do GLM-5.3 and Mistral Medium 3.5 compare on price?

On list price, GLM-5.3 charges 7% less than Mistral Medium 3.5 for input ($1.40 vs $1.50 per 1M tokens), and Mistral Medium 3.5 charges 1.7x GLM-5.3's output price ($7.50 vs $4.40 per 1M tokens). For one agent session of 1M input and 100K output tokens with no caching, that is $1.84 on GLM-5.3 and $2.25 on Mistral Medium 3.5. Prices are each provider's first-party list rates, verified October 17, 2026 and October 17, 2026.

What are the context windows of GLM-5.3 and Mistral Medium 3.5?

GLM-5.3 has a 1,000,000-token context window and Mistral Medium 3.5 256,000 tokens; GLM-5.3 returns up to 128,000 output tokens per response, and no primary source states a max output for Mistral Medium 3.5.

Are GLM-5.3 and Mistral Medium 3.5 open weights?

GLM-5.3's weights are published at huggingface.co under the GLM-5.3 license (Hugging Face license tag: other). Mistral Medium 3.5's weights are published at huggingface.co under the Modified MIT (https://huggingface.co/mistralai/Mistral-Medium-3.5-128B/blob/main/LICENSE).

More comparisons

Sources

GLM-5.3 verified from docs.z.ai; Mistral Medium 3.5 verified from docs.mistral.ai. This page is as current as the older of the two: .

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