DeepSeek-V3 0324 vs Mistral Small 4

    Comparison

    As of August 25, 2026, Mistral Small 4 is 47% cheaper per million tokens than DeepSeek-V3 0324. DeepSeek-V3 0324 is $0.28 / $1.14 per million input/output tokens versus Mistral Small 4 at $0.15 / $0.60. Sources: https://api-docs.deepseek.com/quick_start/pricing and https://docs.mistral.ai/platform/pricing/

    Sources: DeepSeek API pricing (https://api-docs.deepseek.com/quick_start/pricing); Mistral AI pricing (https://docs.mistral.ai/platform/pricing/)

    DeepSeek-V3 0324

    DeepSeek

    $1.42blended / 1M

    Input

    $0.28

    Output

    $1.14

    163.8K ctx|Open Source
    47%
    cheaper
    Better value

    Mistral Small 4

    Mistral

    $0.75blended / 1M

    Input

    $0.15

    Output

    $0.60

    256K ctx|Open Source
    Save $0.67 per million tokens by choosing Mistral Small 4 over DeepSeek-V3 0324.

    DeepSeek-V3 0324 vs Mistral Small 4 comparison

    Token pricing, specs, and benchmarks side by side

    Shared benchmarks

    Each bar is share of the current leader on that eval. Click a row to open the board.

    Score vs price

    AIME 2025. Left is cheaper. Up is a higher score. The line is the best score you can buy at each price.

    Best score at each priceDeepSeek-V3 0324Mistral Small 4
    Metric
    DeepSeek-V3 0324
    Mistral Small 4
    Provider
    Provider
    DeepSeek
    Mistral
    License
    Open Source
    Open Source
    Release Date
    2025-03-25
    2026-03-16
    Pricing (per 1M tokens)
    Input Price+87%
    $0.28
    $0.15
    Output Price+90%
    $1.14
    $0.60
    Blended (1M + 1M)
    $1.42
    $0.75
    Model Details
    Context Window
    163.8K
    256K
    Max Output Tokens
    163.8K
    256K
    Knowledge Cutoff
    N/A
    N/A
    Throughput
    N/A
    4.3 tok/s
    Benchmarks
    68.4%
    71.2%
    67.6%
    49.2%
    63.6%
    35.8%
    48%
    71.2%
    60%
    37.8%
    83.8%
    59.4%
    94%
    75.5%
    58.3%
    62.9%
    54.7%
    0%
    1.7%
    66.9%
    82%
    91.7%
    81.2%
    78%
    27.2%
    71.1%
    Benchmark Wins
    DeepSeek-V3 0324 1|3 Mistral Small 4

    Verdict

    DeepSeek-V3 0324 vs Mistral Small 4: the bottom line

    Mistral Small 4 offers both lower pricing and stronger benchmark performance across the board, making it the clear value leader in this comparison.

    DeepSeek-V3 0324 vs Mistral Small 4 FAQ

    Which is cheaper, DeepSeek-V3 0324 or Mistral Small 4?

    As of August 25, 2026, Mistral Small 4 is 47% cheaper on blended LLM API pricing. Mistral Small 4 costs $0.15 per million input tokens and $0.60 per million output tokens ($0.75 blended 1M-in + 1M-out). DeepSeek-V3 0324 costs $0.28 / $1.14 per million tokens ($1.42 blended). Sources: https://api-docs.deepseek.com/quick_start/pricing and https://docs.mistral.ai/platform/pricing/. The cheapest LLM for your app still depends on how many output tokens you generate.

    How much does DeepSeek-V3 0324 vs Mistral Small 4 cost per million tokens?

    DeepSeek-V3 0324 DeepSeek API pricing is $0.28 input and $1.14 output per million tokens via DeepSeek. Mistral Small 4 Mistral API pricing is $0.15 input and $0.60 output per million tokens via Mistral AI. Use those four numbers, not ChatGPT Plus or Claude Pro subscription prices, when you are comparing APIs.

    Which is better for coding, DeepSeek-V3 0324 or Mistral Small 4?

    Mistral Small 4 leads on LiveCodeBench: DeepSeek-V3 0324 at 49.2% vs Mistral Small 4 at 63.6%. SWE-bench measures real GitHub fixes; LiveCodeBench measures contest programming.

    What is the context window for DeepSeek-V3 0324 vs Mistral Small 4?

    DeepSeek-V3 0324 supports a 164K token context window, while Mistral Small 4 supports 256K tokens. Mistral Small 4 offers a larger context window. Filling a larger window bills more input tokens, so the cheaper-per-million model can still cost more on long documents.

    Which model performs better on benchmarks, DeepSeek-V3 0324 or Mistral Small 4?

    Mistral Small 4 leads on 3 of 4 shared benchmarks versus DeepSeek-V3 0324's 1 wins. Check the comparison table for GPQA Diamond, SWE-bench, MMLU, HLE, and the other evals we track. Token price and benchmark score together are the usual LLM comparison, not either number alone.

    Is DeepSeek-V3 0324 or Mistral Small 4 better for production use?

    Both DeepSeek-V3 0324 and Mistral Small 4 are production API models. For cost-sensitive production traffic, Mistral Small 4 has better economics on the blended 1M-in + 1M-out scale. For maximum capability, weight the benchmark table for your domain. Many production stacks route cheap models for drafts and a frontier model for the hard turn, which is usually cheaper than sending everything to the expensive API.

    Can I switch between DeepSeek-V3 0324 and Mistral Small 4 in my app?

    Yes. Call DeepSeek-V3 0324 through DeepSeek and Mistral Small 4 through Mistral AI with separate API keys, or through a gateway that already wraps both. Keep prompts in tokens, not characters, when you estimate the invoice. AnotherWrapper templates can swap providers without rewriting auth and billing.

    How accurate is this DeepSeek-V3 0324 vs Mistral Small 4 pricing data?

    List rates are the latest published DeepSeek API pricing and Mistral API pricing, quoted per million tokens. Official rate sheets: https://api-docs.deepseek.com/quick_start/pricing and https://docs.mistral.ai/platform/pricing/. Prompt caching, batch APIs, and committed-use discounts can change the invoice. Benchmark scores are from official publications and independent evals, updated as new numbers land.

    What is the output token limit for DeepSeek-V3 0324 and Mistral Small 4?

    DeepSeek-V3 0324 supports up to 164K output tokens per request, while Mistral Small 4 supports up to 256K output tokens. Output tokens are usually the expensive half of API pricing, so a higher max output cap is a capability, not a discount.

    Which model has better throughput, DeepSeek-V3 0324 or Mistral Small 4?

    Mistral Small 4 has a measured throughput of approximately 4.3 tokens/second. Throughput data for DeepSeek-V3 0324 is not yet available. Throughput (tokens per second) and time-to-first-token are why two models with the same per-million-token price can still feel different in chat and agents.

    How do I switch the models in this DeepSeek-V3 0324 vs Mistral Small 4 comparison?

    Use the model pickers at the top of this LLM comparison. Search any model in the index and the URL updates. Open DeepSeek-V3 0324 or Mistral Small 4 from the sidebar for the single-model API pricing page, or go back to the LLM pricing table to sort by cheapest blended cost.

    DeepSeek-V3 0324 vs Mistral Small 4 pricing

    This comparison covers API pricing, context window, throughput, and benchmark scores. DeepSeek-V3 0324 costs $0.28/M input and $1.14/M output. Mistral Small 4 costs $0.15/M input and $0.60/M output via Mistral AI.

    Rank both on the LLM leaderboard, SWE-bench, and Humanity's Last Exam.

    The index

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