Mercury 2 vs Qwen3.5 397B A17B

API pricing, context window and capabilities for Mercury 2 and Qwen3.5 397B A17B, side by side. Prices are the cheapest serving route per 1M tokens, verified against LiteLLM and OpenRouter.

Verdict

computed from the published numbers

Mercury 2 wins on price. Qwen3.5 397B A17B wins on intelligence and on context window. Benchmark data is unavailable for one or both models.

Price
Mercury 2
Coding
Not called
Intelligence
Qwen3.5 397B A17B
Context window
Qwen3.5 397B A17B

Key takeaways

who wins on what, from the published numbers

Mercury 2 wins

  • Cheaper input ($0.25 vs $0.60 /1M)
  • Cheaper output ($0.75 vs $3.60 /1M)
  • Supports prompt caching

Qwen3.5 397B A17B wins

  • Larger context window (128K vs 262K)
  • Higher max output (50K vs 66K)
  • More serving providers (1 vs 3)
  • Supports vision
  • Has reasoning mode
Cheaper overall
Mercury 2
$0.25 + $0.75 /1M
Larger context
Qwen3.5 397B A17B
262K
More providers
Qwen3.5 397B A17B
3 providers

Pricing & specs

cheapest serving route · per 1M tokens
Mercury 2Qwen3.5 397B A17B
Input $/1M$0.25 best$0.60
Output $/1M$0.75 best$3.60
Context window128K 262K best
Max output50K 66K best
Serving providers1 3 best
Released2026-02-24 2026-02-16

Benchmarks

Artificial Analysis indices, side by side
Mercury 2Qwen3.5 397B A17B
Intelligence25.3 33.7 best
CodingNot available 48.2
GPQA Diamond77% 89% best
Output speed602 t/s best61 t/s
Latency (TTFT)2.73s best9.37s

Cost calculator

choose a serving route for each side
Input tokens / month
Output tokens / month
Mercury 2
via Inception
$2.00
Qwen3.5 397B A17B
via OpenRouter
$6.60

Capabilities

feature support, side by side
FeatureMercury 2Qwen3.5 397B A17B
Vision
Tool use
Reasoning
Audio
Prompt caching
Structured output
Web search

Related comparisons

Frequently asked questions

Which is cheaper, Mercury 2 or Qwen3.5 397B A17B?
Mercury 2 is cheaper for input ($0.25 vs $0.60 per 1M tokens). Mercury 2 is cheaper for output ($0.75 vs $3.60 per 1M tokens).
What is the context window difference between Mercury 2 and Qwen3.5 397B A17B?
Mercury 2 has a 128K-token context window and Qwen3.5 397B A17B has 262K tokens, so Qwen3.5 397B A17B can take a larger prompt.
How do Mercury 2 and Qwen3.5 397B A17B compare on benchmarks?
On the tracked Artificial Analysis indices, Qwen3.5 397B A17B leads on intelligence.
Pricing verified against LiteLLM + OpenRouter + provider pages · refreshed daily

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