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Kimi K2 Instruct (Fireworks) vs Mistral: Mistral Medium 3.5: API Cost Comparison

Compare the API pricing, context windows, features, and real-world cost projections for Kimi K2 Instruct (Fireworks) (Fireworks AI) and Mistral: Mistral Medium 3.5 (Mistral AI). Use the interactive calculator below to compute your exact monthly cost based on your token usage and request volume.

Prices verified May 6, 2026

Interactive Cost Calculator

Fireworks AIKimi K2 Instruct (Fireworks)Mistral AIMistral: Mistral Medium 3.5

Fills in typical token counts for a workload type

Tokens in each prompt sent to the model

Tokens generated in each response

Total API calls per month

Showing costs for 2 models. Cheapest: Kimi K2 Instruct (Fireworks) at $18.50/month.

Cheapest: Kimi K2 Instruct (Fireworks) at $18.50/mo — save 64.8% vs Mistral: Mistral Medium 3.5
Alert
BestKimi K2 Instruct (Fireworks)
Fireworks AI$18.50$0.001850$6.00$12.5064.8%Alerts coming soon
Mistral: Mistral Medium 3.5
Mistral AI$52.50$0.005250$15.00$37.50Alerts coming soon

Monthly Cost Comparison

Price Comparison at a Glance

All prices are in USD per 1 million tokens ($/M tokens). Lower is cheaper.

Pricing TypeKimi K2 Instruct (Fireworks)Mistral: Mistral Medium 3.5Cheaper
Input (standard)$0.60/M$1.50/MKimi K2 Instruct (Fireworks)
Output$2.50/M$7.50/MKimi K2 Instruct (Fireworks)
Cached input$0.30/MN/A
Batch input$0.30/MN/A
Batch output$1.25/MN/A

Prices last verified: 2026-03-10 – 2026-05-06

Cost Breakdown by Usage Volume

Estimated monthly costs at different request volumes, assuming 1,000 input tokens and 500 output tokens per request. Adjust in the calculator above for your specific use case.

VolumeKimi K2 Instruct (Fireworks)MonthlyMistral: Mistral Medium 3.5MonthlyKimi K2 Instruct (Fireworks)Per requestMistral: Mistral Medium 3.5Per request
1K requests/mo$1.85$5.25$0.001850$0.005250
10K requests/mo$18.50$52.50$0.001850$0.005250
100K requests/mo$185.00$525.00$0.001850$0.005250
1M requests/mo$1,850.00$5,250.00$0.001850$0.005250

Green values indicate the lower-cost option at each volume tier. Cost per request is calculated at 1,000 input + 500 output tokens using standard (non-batch, non-cached) pricing.

Price History

Input price per 1M tokens

When to Choose Kimi K2 Instruct (Fireworks)

by Fireworks AI

  • Code generation
  • Document summarization
  • RAG / Semantic search

Input / 1M tokens

$0.60/M

Output / 1M tokens

$2.50/M

Context window

131,072

Tier

mid

When to Choose Mistral: Mistral Medium 3.5

by Mistral AI

  • General chatbot

Input / 1M tokens

$1.50/M

Output / 1M tokens

$7.50/M

Context window

262,144

Tier

mid

Key Differences Beyond Price

Cost is only one factor in choosing an AI model. Context window size, rate limits, supported features, and latency all affect whether a model fits your use case.

CapabilityKimi K2 Instruct (Fireworks)Mistral: Mistral Medium 3.5
Context window131,072 tokens262,144 tokens
Max output tokens16,384 tokens4,096 tokens
Performance tierMidMid
Vision / image inputNoYes
Function callingYesYes
JSON modeYesYes
Prompt cachingYesNo
Batch API (50% discount)YesNo
Extended reasoningNoYes
Fine-tuningNoNo

Kimi K2 Instruct (Fireworks) notes

Fireworks serverless pricing. Cached input 50% discount. Batch at 50% of serverless.

Frequently Asked Questions

Is Kimi K2 Instruct (Fireworks) cheaper than Mistral: Mistral Medium 3.5?

At standard usage (1,000 input tokens, 500 output tokens, 100,000 requests/month), Kimi K2 Instruct (Fireworks) costs $185.00/month versus $525.00/month for Mistral: Mistral Medium 3.5 — a 65% saving. Your actual savings will vary based on your token profile; output-heavy workloads amplify differences in output pricing.

Which model has a larger context window, Kimi K2 Instruct (Fireworks) or Mistral: Mistral Medium 3.5?

Mistral: Mistral Medium 3.5 has a larger context window at 262,144 tokens, compared to 131,072 tokens for Kimi K2 Instruct (Fireworks). A larger context window is important for processing long documents, multi-turn conversations, or large codebases without truncation.

Do Kimi K2 Instruct (Fireworks) and Mistral: Mistral Medium 3.5 support the Batch API?

Kimi K2 Instruct (Fireworks) supports the Batch API (50% discount for async processing), while Mistral: Mistral Medium 3.5 does not. If your workload tolerates up to 24-hour latency, routing to Kimi K2 Instruct (Fireworks) with batch pricing could significantly cut costs versus Mistral: Mistral Medium 3.5's standard rate.

Which model offers better prompt caching?

Kimi K2 Instruct (Fireworks) supports prompt caching at $0.30/M for cached input, while Mistral: Mistral Medium 3.5 does not offer prompt caching. For RAG applications or chatbots with large, repeated context, Kimi K2 Instruct (Fireworks)'s caching capability can substantially reduce effective costs.

What are the best use cases for Kimi K2 Instruct (Fireworks) vs Mistral: Mistral Medium 3.5?

Kimi K2 Instruct (Fireworks) is best suited for Code generation, Document summarization, RAG / Semantic search, while Mistral: Mistral Medium 3.5 is optimized for General chatbot. Choose based on which use case matches your primary workload — and validate with the cost calculator above to confirm the total monthly spend fits your budget.

What is the cost per request for Kimi K2 Instruct (Fireworks) vs Mistral: Mistral Medium 3.5?

At 1,000 input tokens and 500 output tokens per request — a typical conversational workload — Kimi K2 Instruct (Fireworks) costs $0.001850 per request and Mistral: Mistral Medium 3.5 costs $0.005250 per request. At 100,000 requests/month, that translates to $185.00 and $525.00 respectively. Use the interactive calculator to adjust these parameters for your actual workload.

Kimi K2 Instruct (Fireworks) vs Mistral: Mistral Medium 3.5: Summary

When comparing Kimi K2 Instruct (Fireworks) and Mistral: Mistral Medium 3.5 for API cost, the right choice depends on your workload's token profile, required features, and tolerance for latency. Kimi K2 Instruct (Fireworks) offers lower total cost at standard usage volumes (1,000 input + 500 output tokens per request at 100,000 requests/month) at $185.00/month, compared to $525.00/month for Mistral: Mistral Medium 3.5.

Both models are priced in USD per million tokens, the standard unit across all major AI API providers. Kimi K2 Instruct (Fireworks) charges $0.60/M for input tokens and $2.50/M for output tokens. Mistral: Mistral Medium 3.5 charges $1.50/M input and $7.50/M output. If your workload is output-heavy (more tokens generated than consumed as input), the model with the lower output price compounds cost savings significantly at scale.

Prompt caching is supported by Kimi K2 Instruct (Fireworks) but not Mistral: Mistral Medium 3.5. For workloads with large, repeated system prompts or document context — such as RAG pipelines or multi-turn conversations with a fixed knowledge base — prompt caching can reduce effective input costs by 60–90%, which may change the cost ranking between these two models at your specific usage pattern.

Context window capacity differs between the two: Mistral: Mistral Medium 3.5 supports up to 262,144 tokens in a single request, versus 131,072 tokens for Kimi K2 Instruct (Fireworks). A larger context window is essential for document summarization, large codebase analysis, and multi-document retrieval-augmented generation (RAG) applications.

Use the interactive calculator at the top of this page to enter your actual token usage and monthly request volume for a precise cost comparison tailored to your workload. Adjust for batch API discounts and prompt caching to find the most cost-effective option for your specific deployment.

Explore other model comparisons from the same providers or performance tiers.

Related Provider Pages

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Relevant Use Cases

See cost recommendations for workloads where Kimi K2 Instruct (Fireworks) or Mistral: Mistral Medium 3.5 is recommended.