Gemini Embedding 2 vs Mistral Small 3.2.
model vs model · prices as of
Mistral Small 3.2 takes 3 of 5 rounds against Gemini Embedding 2. It is also the cheaper of the two to run, at $0.42 per million tokens against $0.60.
Gemini Embedding 2
$0.60/M tokens
Google list price, nothing below it is accounted for · $0.12 per 1,000 pages
8k context · reads images
Mistral Small 3.2
$0.42/M tokens
cheapest we can explain, at Helicone · $0.057 per 1,000 pages
128k context · tool calling · reads images · open weights
List price in (lower wins)
$0.20/M
$0.10/M
List price out (lower wins)
$0/M
$0.30/M
Cheapest we can explain (lower wins)
none below list
$0.42/M at Helicone
Standard price (lower wins)
$0.60/M
$0.60/M
Cost per 1,000 pages (lower wins)
$0.12
$0.057
Context
8k tokens
128k tokens
Open weights
no
yes
Tool calling
no
yes
Structured output
not stated
not stated
Reads images
yes
yes
Reasoning
no
no
Released
22 Apr 2026
20 Jun 2025
Providers selling it
4
17
Price we measure against
the maker's own
the maker's own
Trains on your prompts (no is better)
no provider to check
not stated
Providers selling both · 3
LLM Gateway$0.60 / $0.60
Nous Portal$0.60 / $1.05
LLMTR$12.60 / $1.05
Gemini Embedding 2 then Mistral Small 3.2, per million tokens
Go further
Add a third or fourth model, or switch the weighting, in the tool.
What moved in the last seven days
- Gemini Embedding 2
Nous Portal$0.16 / $0 $0.20 / $025% dearer · - Mistral Small 3.2
Cortecs$0.15 / $0.59 $0.16 / $0.6510% dearer · - Mistral Small 3.2
Nous Portal$0.12 / $0.48 $0.15 / $0.6025% dearer · - Mistral Small 3.2
Vercel AI Gateway$0.10 / $0.30 $0.15 / $0.6075% dearer ·
Frequently asked
- Which is cheaper, Gemini Embedding 2 or Mistral Small 3.2?
- Mistral Small 3.2, at $0.42 per million tokens against $0.60 for Gemini Embedding 2, three parts input to one part output, read on 16 Sept 2026.
- Where is each one cheapest?
- Gemini Embedding 2: nobody goes below the maker's own price with a reason we can point at, so $0.60 is the number to beat. Mistral Small 3.2: $0.42 at Helicone.
- Can I buy both from one provider?
- Yes. 3 providers sell both: LLM Gateway, Nous Portal, LLMTR. The cheapest of them for the two together is LLM Gateway.
- Which holds more context?
- Mistral Small 3.2, at 128k tokens against 8k.
Prices exclude tax and are per million tokens, read 16 Sept 2026 from each provider's own catalog. The standard price blends three parts input to one part output; a page is 600 tokens in and 60 out. Bars are scaled to the larger value in each row.