Which is cheaper, DeepSeek-V3.1 or Mistral Large 3 (675B Instruct 2512)?
As of August 20, 2026, DeepSeek-V3.1 is 37% cheaper on blended LLM API pricing. DeepSeek-V3.1 costs $0.27 per million input tokens and $1.00 per million output tokens ($1.27 blended 1M-in + 1M-out). Mistral Large 3 (675B Instruct 2512) costs $0.50 / $1.50 per million tokens ($2.00 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-V3.1 vs Mistral Large 3 (675B Instruct 2512) cost per million tokens?
DeepSeek-V3.1 DeepSeek API pricing is $0.27 input and $1.00 output per million tokens via DeepSeek. Mistral Large 3 (675B Instruct 2512) Mistral API pricing is $0.50 input and $1.50 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-V3.1 or Mistral Large 3 (675B Instruct 2512)?
DeepSeek-V3.1 has a published SWE-bench Verified score of 66%. Mistral Large 3 (675B Instruct 2512) does not have that eval on this page yet.
What is the context window for DeepSeek-V3.1 vs Mistral Large 3 (675B Instruct 2512)?
DeepSeek-V3.1 supports a 164K token context window, while Mistral Large 3 (675B Instruct 2512) supports 262K tokens. Mistral Large 3 (675B Instruct 2512) 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-V3.1 or Mistral Large 3 (675B Instruct 2512)?
DeepSeek-V3.1 leads on 3 of 3 shared benchmarks versus Mistral Large 3 (675B Instruct 2512)'s 0 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-V3.1 or Mistral Large 3 (675B Instruct 2512) better for production use?
Both DeepSeek-V3.1 and Mistral Large 3 (675B Instruct 2512) are production API models. For cost-sensitive production traffic, DeepSeek-V3.1 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-V3.1 and Mistral Large 3 (675B Instruct 2512) in my app?
Yes. Call DeepSeek-V3.1 through DeepSeek and Mistral Large 3 (675B Instruct 2512) 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-V3.1 vs Mistral Large 3 (675B Instruct 2512) 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-V3.1 and Mistral Large 3 (675B Instruct 2512)?
DeepSeek-V3.1 supports up to 164K output tokens per request, while Mistral Large 3 (675B Instruct 2512) supports up to 262K 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-V3.1 or Mistral Large 3 (675B Instruct 2512)?
Mistral Large 3 (675B Instruct 2512) has a measured throughput of approximately 45.89 tokens/second. Throughput data for DeepSeek-V3.1 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-V3.1 vs Mistral Large 3 (675B Instruct 2512) comparison?
Use the model pickers at the top of this LLM comparison. Search any model in the index and the URL updates. Open DeepSeek-V3.1 or Mistral Large 3 (675B Instruct 2512) from the sidebar for the single-model API pricing page, or go back to the LLM pricing table to sort by cheapest blended cost.
