DeepSeek-V4-Flash-0423 vs Mistral Large 3

    Comparison

    As of August 20, 2026, DeepSeek-V4-Flash-0423 is 96% cheaper per million tokens than Mistral Large 3. DeepSeek-V4-Flash-0423 is $0.10 / $0.20 per million input/output tokens versus Mistral Large 3 at $2.00 / $5.00. 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/)

    Better value

    DeepSeek-V4-Flash-0423

    DeepSeek

    $0.30blended / 1M

    Input

    $0.10

    Output

    $0.20

    1M ctx|Open Source
    96%
    cheaper

    Mistral Large 3

    Mistral

    $7.00blended / 1M

    Input

    $2.00

    Output

    $5.00

    128K ctx|Open Source
    Save $6.70 per million tokens by choosing DeepSeek-V4-Flash-0423 over Mistral Large 3.

    DeepSeek-V4-Flash-0423 vs Mistral Large 3 comparison

    Token pricing, specs, and benchmarks side by side

    Metric
    DeepSeek-V4-Flash-0423
    Mistral Large 3
    Provider
    Provider
    DeepSeek
    Mistral
    License
    Open Source
    Open Source
    Release Date
    2026-04-23
    2025-09-01
    Pricing (per 1M tokens)
    Input Price-95%
    $0.10
    $2.00
    Output Price-96%
    $0.20
    $5.00
    Blended (1M + 1M)
    $0.30
    $7.00
    Model Details
    Context Window
    1M
    128K
    Max Output Tokens
    65.5K
    8.2K
    Knowledge Cutoff
    N/A
    N/A
    Throughput
    N/A
    N/A
    Benchmarks
    40.3%
    87.4%
    36.2%
    53.5%
    28.9%
    43.5%
    67.4%
    74.2%
    90.4%
    55.1%
    93.9%
    59.3%
    0%
    73.2%
    2%
    91.9%
    67.6%
    84.9%
    86.4%
    76.9%
    74.9%
    68.5%

    Verdict

    DeepSeek-V4-Flash-0423 vs Mistral Large 3: the bottom line

    Both models are closely matched on benchmarks. DeepSeek-V4-Flash-0423 has the pricing advantage, making it the better value unless Mistral Large 3's specific capabilities are critical to your workflow.

    DeepSeek-V4-Flash-0423 vs Mistral Large 3 FAQ

    Which is cheaper, DeepSeek-V4-Flash-0423 or Mistral Large 3?

    As of August 20, 2026, DeepSeek-V4-Flash-0423 is 96% cheaper on blended LLM API pricing. DeepSeek-V4-Flash-0423 costs $0.10 per million input tokens and $0.20 per million output tokens ($0.30 blended 1M-in + 1M-out). Mistral Large 3 costs $2.00 / $5.00 per million tokens ($7.00 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-V4-Flash-0423 vs Mistral Large 3 cost per million tokens?

    DeepSeek-V4-Flash-0423 DeepSeek API pricing is $0.10 input and $0.20 output per million tokens via DeepSeek. Mistral Large 3 Mistral API pricing is $2.00 input and $5.00 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-V4-Flash-0423 or Mistral Large 3?

    DeepSeek-V4-Flash-0423 has a published SWE-bench Verified score of 78.6%. Mistral Large 3 does not have that eval on this page yet.

    What is the context window for DeepSeek-V4-Flash-0423 vs Mistral Large 3?

    DeepSeek-V4-Flash-0423 supports a 1M token context window, while Mistral Large 3 supports 128K tokens. DeepSeek-V4-Flash-0423 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-V4-Flash-0423 or Mistral Large 3?

    Shared benchmark scores for DeepSeek-V4-Flash-0423 and Mistral Large 3 are still limited. Check the comparison table for the evals each model has published. 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-V4-Flash-0423 or Mistral Large 3 better for production use?

    Both DeepSeek-V4-Flash-0423 and Mistral Large 3 are production API models. For cost-sensitive production traffic, DeepSeek-V4-Flash-0423 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-V4-Flash-0423 and Mistral Large 3 in my app?

    Yes. Call DeepSeek-V4-Flash-0423 through DeepSeek and Mistral Large 3 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-V4-Flash-0423 vs Mistral Large 3 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-V4-Flash-0423 and Mistral Large 3?

    DeepSeek-V4-Flash-0423 supports up to 66K output tokens per request, while Mistral Large 3 supports up to 8K 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-V4-Flash-0423 or Mistral Large 3?

    Neither DeepSeek-V4-Flash-0423 nor Mistral Large 3 has published throughput data on this page yet. 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-V4-Flash-0423 vs Mistral Large 3 comparison?

    Use the model pickers at the top of this LLM comparison. Search any model in the index and the URL updates. Open DeepSeek-V4-Flash-0423 or Mistral Large 3 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-V4-Flash-0423 vs Mistral Large 3 pricing

    This comparison covers API pricing, context window, throughput, and benchmark scores. DeepSeek-V4-Flash-0423 costs $0.10/M input and $0.20/M output. Mistral Large 3 costs $2.00/M input and $5.00/M output via Mistral AI.

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

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