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DeepSeek V3 vs Mistral Small 4

DeepSeek V3

DeepSeek

70#168
vs
Mistral Small 4

Mistral AI

40#327
Signal-by-Signal Comparison
SignalDeepSeek V3DeltaMistral Small 4
Capabilities
50
-33
83
Benchmarks
70
+70
0
Pricing
99
0
99
Context window size
83
-3
86
Recency
17
-81
98
Output Capacity
67
-18
85
Overall Result
1 wins
of 6
5 wins
Mistral Small 4 wins 5 of 6 signals

Score History

Score History (32 data points)
DeepSeek V3Mistral Small 4
DeepSeek V3

69.5

current score

Leader

DeepSeek V3

right now

Mistral Small 4

40

current score

LMMarketCap.com
Interactive Price Comparison
100Kcalls/month
1,000tokens (~1,333 chars)
500tokens (~667 chars)

DeepSeek V3

DeepSeek

Per request$0.000765
Daily$2.55
Monthly$76.50
Annual$918.00

Mistral Small 4

Mistral AI

Best Value
Per request$0.000450
Daily$1.50
Monthly$45.00
Annual$540.00

Mistral Small 4 saves you $31.50/month

That's $378.00/year compared to DeepSeek V3 at your current usage level of 100K calls/month.

41% cheaper
Choose Mistral Small 4 for cost optimization

DeepSeek V3 pricing:
Input:$0.32/M tokens
Output:$0.89/M tokens
Mistral Small 4 pricing:
Input:$0.15/M tokens
Output:$0.60/M tokens
Winner
DeepSeek V3

DeepSeek

70

Composite Score

Mistral Small 4

Mistral AI

40

Composite Score

Signal-by-Signal Comparison
MetricDeepSeek V3Mistral Small 4Winner
Overall Score
70
40
DeepSeek V3
Rank#168#327
DeepSeek V3
Quality Rank#168#327
DeepSeek V3
Adoption Rank#168#327
DeepSeek V3
Parameters------
Context Window164K262K
Mistral Small 4
Pricing$0.32/$0.89/M$0.15/$0.60/M--
Signal Scores
Capabilities
50
83
Mistral Small 4
Benchmarks
70
--
DeepSeek V3
Pricing
99
99
Mistral Small 4
Context window size
83
86
Mistral Small 4
Recency
17
98
Mistral Small 4
Output Capacity
67
85
Mistral Small 4
Benchmark Head-to-Head(13 benchmarks)
DeepSeek V3: 0Mistral Small: 0
DeepSeek V3
Mistral Small
Normalized 0-100%
MMLU
88.5%-
MMLU-Pro
75.9%-
GPQA Diamond
59.1%-
MATH-500
90.2%-
HumanEval
82.6%-
SWE-bench Verified
42%-
AIME 2024
39.2%-
GSM8K
96.7%-
IFEval
87.1%-
BBH
87.5%-
Arena Elo
1318-
LiveBench
60.4%-
BigCodeBench
50%-
Benchmark Interpretation

Our score (0-100) is driven by benchmark performance (90%) from Arena Elo ratings, MMLU, GPQA, HumanEval, SWE-bench, and 15+ standardized evaluations. Capabilities and context window serve as tiebreakers (10%). Learn more about our methodology.

DeepSeek V3Competitive

Scores 70/100 (rank #168), placing it in the top 42% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100
Mistral Small 4Entry Level

Scores 40/100 (rank #327), placing it in the top -12% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100

DeepSeek V3 has a 30-point advantage, which typically translates to noticeably stronger performance on complex reasoning, code generation, and multi-step tasks.

When to Use Each Model

Choose DeepSeek V3 when you need:

  • Self-hosted deployments where you need full control over the model

Choose Mistral Small 4 when you need:

  • High-volume production workloads where API costs must be minimized
  • Processing long documents or large codebases (262K token context)
  • Multimodal workflows that require image understanding
  • Step-by-step reasoning and chain-of-thought problem solving
  • Self-hosted deployments where you need full control over the model
Cost-Performance Analysis
DeepSeek V3Best Value
Input cost$0.32/M tokens
Output cost$0.89/M tokens
Cost per quality point$0.017
Est. monthly (1M tokens/day)$18.15
Mistral Small 4
Input cost$0.15/M tokens
Output cost$0.60/M tokens
Cost per quality point$0.019
Est. monthly (1M tokens/day)$11.25

DeepSeek V3 offers 38% better value per quality point. At 1M tokens/day, you'd spend $11.25/month with Mistral Small 4 vs $18.15/month with DeepSeek V3 - a $6.90 monthly difference.

Latency & Speed
DeepSeek V3Faster
Speed score0/100
Mistral Small 4
Speed score0/100

Both models have comparable response speeds. For most applications, the latency difference is negligible.

When latency matters most: Interactive chatbots, IDE code completion, real-time translation, and user-facing applications where response time directly impacts experience. For batch processing, background summarization, or offline analysis, latency is less critical.

Example Use Cases

Code generation & review

Based on overall model capabilities and architecture for coding tasks like generating functions, debugging, and refactoring

DeepSeek V3

Customer support chatbot

Suitable for user-facing chat with competitive response times. Mistral Small 4 also offers lower per-token costs for high-volume support

DeepSeek V3

Long document analysis

Larger context window (262K tokens) can process longer documents, contracts, and research papers in a single pass

Mistral Small 4

Batch data extraction

Lower output pricing ($0.60/M) reduces costs when processing thousands of records daily

Mistral Small 4

Creative writing & content

Higher overall composite score (70/100) correlates with better nuance, coherence, and style in long-form content

DeepSeek V3

Image understanding & OCR

Supports vision input - can analyze screenshots, diagrams, photos, and scanned documents directly

Mistral Small 4
Which Should You Choose?
Our recommendation:
DeepSeek V3

DeepSeek V3 clearly outperforms Mistral Small 4 with a significant 29.5-point lead. For most general use cases, DeepSeek V3 is the stronger choice. However, Mistral Small 4 may still excel in niche scenarios.

DeepSeek V3
Recommended

by DeepSeek

  • Choose for Quality - Marginally better benchmark scores; both are excellent
  • Choose for Reliability - Higher uptime and faster response speeds
  • Choose for Prototyping - Stronger community support and better developer experience
  • Choose for Production - Wider enterprise adoption and proven at scale

by Mistral AI

  • Choose for Cost - 38% lower pricing; better value at scale
Capability Comparison
CapabilityDeepSeek V3Mistral Small 4
Vision (Image Input)differs
Function Calling
Streaming
JSON Mode
Reasoningdiffers
Web Search
Image Output
Monthly Cost Calculator
1,000tokens (600 in / 400 out)
100requests/day (3,000/month)

DeepSeek V3

DeepSeek

$1.64
estimated monthly cost

Mistral Small 4

Mistral AI

Best Value
$0.9900
estimated monthly cost

Mistral Small 4 saves you $0.6540/month

That's 40% cheaper than DeepSeek V3 at 1,000 tokens/request and 100 requests/day.

Assumes 60% input / 40% output token ratio per request. Actual costs may vary based on your usage pattern.

Parameters & Context
ParameterDeepSeek V3Mistral Small 4
Context Window164K262K
Max Output Tokens16,384209,715
Open SourceYesYes
CreatedDec 26, 2024Mar 16, 2026
Last updated: 8m ago

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DeepSeek V3 vs Mistral Small 4 (2026) | LM Market Cap