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Model comparison - Similar price, same tier

Kimi K2.7 Code vs Mistral Medium 3.5

Kimi K2.7 Code is from Moonshot AI and Mistral Medium 3.5 is from Mistral AI. On list price, Mistral Medium 3.5 charges 1.6x Kimi K2.7 Code's input price ($1.50 vs $0.95 per 1M tokens), and Mistral Medium 3.5 charges 1.9x Kimi K2.7 Code's output price ($7.50 vs $4 per 1M tokens). Kimi K2.7 Code has a 262,144-token context window and Mistral Medium 3.5 256,000 tokens. Mistral Medium 3.5 was released on April 27, 2026; no primary source states a release date for Kimi K2.7 Code. Both publish open weights.

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

Moonshot AI - Open

Kimi K2.7 Code
Input / 1M
$0.95
Output / 1M
$4
Context
262K

Mistral AI - Open

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

Side-by-side specs

SpecKimi K2.7 CodeMistral Medium 3.5
ProviderMoonshot AIMistral AI
Input / 1M tokens$0.95$1.50
Output / 1M tokens$4$7.50
Cache read / 1M$0.19$0.15
Batch input / 1M$0.57$0.75
Batch output / 1M$2.40$3.75
Context window262,144256,000
Release date-
WeightsOpenOpen
LicenseModified MIT License (Hugging Face license tag: other)Modified MIT (https://huggingface.co/mistralai/Mistral-Medium-3.5-128B/blob/main/LICENSE)
API model idkimi-k2.7-codemistral-medium-3-5
AI Gateway idmoonshotai/kimi-k2.7-codemistral/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.

WorkloadKimi K2.7 CodeMistral Medium 3.5
One agent session1M input tokens and 100K output tokens, no caching.$1.35$2.25
A chat app10,000 requests a day at 2K input and 500 output tokens each.$39.00$1,170.00 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.$0.666$1.04
Show the math

Kimi K2.7 Code

  • One agent sessionInput: 1M x $0.95 = $0.95Output: 0.1M x $4 = $0.40
  • A chat appInput: 20M x $0.95 = $19.00Output: 5M x $4 = $20.00
  • The same session at a 90% cache hitCached input: 0.9M x $0.19 = $0.171Uncached input: 0.1M x $0.95 = $0.095Output: 0.1M x $4 = $0.40

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 Kimi K2.7 Code 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 Kimi K2.7 Code or Mistral Medium 3.5 by model id.

Model pages

FAQ

How do Kimi K2.7 Code and Mistral Medium 3.5 compare on price?

On list price, Mistral Medium 3.5 charges 1.6x Kimi K2.7 Code's input price ($1.50 vs $0.95 per 1M tokens), and Mistral Medium 3.5 charges 1.9x Kimi K2.7 Code's output price ($7.50 vs $4 per 1M tokens). For one agent session of 1M input and 100K output tokens with no caching, that is $1.35 on Kimi K2.7 Code 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 Kimi K2.7 Code and Mistral Medium 3.5?

Kimi K2.7 Code has a 262,144-token context window and Mistral Medium 3.5 256,000 tokens.

Are Kimi K2.7 Code and Mistral Medium 3.5 open weights?

Kimi K2.7 Code's weights are published at huggingface.co under the Modified MIT 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

Kimi K2.7 Code verified from platform.kimi.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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