# Mistral Small 3.1 24B Instruct API Pricing

As of October 10, 2026, Mistral Small 3.1 24B Instruct costs $0.106 per 1M input tokens and $0.318 per 1M output tokens from IBM watsonx.ai, the lowest of 2 providers. It has a 131,072-token context window and returns up to 16,384 tokens per response.

- Page: https://models.litellm.ai/models/mistral-small-3-1-24b-instruct
- Lab: Mistral AI
- LiteLLM model name: `watsonx/mistralai/mistral-small-3-1-24b-instruct-2503`
- Context window: 131,072 tokens
- Max output: 16,384 tokens
- Added to LiteLLM: April 2025
- Prices updated: October 10, 2026

## Pricing by provider

Token prices in USD per 1M tokens.

| Provider | Model name | Input | Output | Cache read | Per image | Per second | Context |
|---|---|---|---|---|---|---|---|
| IBM watsonx.ai (snapshot 2503) | `watsonx/mistralai/mistral-small-3-1-24b-instruct-2503` | $0.106 | $0.318 | – | – | – | 128K |
| Cloudflare Workers AI | `cloudflare/@cf/mistralai/mistral-small-3.1-24b-instruct` | $0.351 | $0.555 | – | – | – | 128K |

## Cost examples

1,000 requests with 2,000 input and 500 output tokens each:

- IBM watsonx.ai: $0.371
- Cloudflare Workers AI: $0.9795

100 long-document requests with 100,000 input and 2,000 output tokens each:

- IBM watsonx.ai: $1.124
- Cloudflare Workers AI: $3.621

## Features

Supported: Function calling, Parallel tool calls.
Not supported: Image input.

## Use it with LiteLLM

```python
from litellm import completion

response = completion(
    model="watsonx/mistralai/mistral-small-3-1-24b-instruct-2503",
    messages=[{"role": "user", "content": "Hello!"}],
)
```

## FAQ

### How much does Mistral Small 3.1 24B Instruct cost?

Mistral Small 3.1 24B Instruct costs $0.106 per 1M input tokens and $0.318 per 1M output tokens from IBM watsonx.ai, the lowest of 2 providers.

### What is the context window of Mistral Small 3.1 24B Instruct?

Mistral Small 3.1 24B Instruct has a 131,072-token context window and returns up to 16,384 tokens per response.

### Which providers offer Mistral Small 3.1 24B Instruct?

Mistral Small 3.1 24B Instruct is available from 2 providers through LiteLLM: IBM watsonx.ai and Cloudflare Workers AI. The lowest price is on IBM watsonx.ai.

### How do I call Mistral Small 3.1 24B Instruct with an OpenAI-compatible API?

Use the LiteLLM Python SDK with model="watsonx/mistralai/mistral-small-3-1-24b-instruct-2503", or add the model to the LiteLLM proxy's config.yaml and send requests to /v1/chat/completions from any OpenAI client. LiteLLM tracks the cost of every request at the prices on this page.

### What features does Mistral Small 3.1 24B Instruct support?

Mistral Small 3.1 24B Instruct supports function calling and parallel tool calls. It does not support image input.

### When did LiteLLM add Mistral Small 3.1 24B Instruct?

Mistral Small 3.1 24B Instruct was added to LiteLLM's model price file in April 2025.

Source: LiteLLM model price file, https://github.com/BerriAI/litellm/blob/main/model_prices_and_context_window.json