DeepSeek V3 vs Mistral Small

Side-by-side comparison of DeepSeek V3 (DeepSeek) and Mistral Small (Mistral). Exact API pricing per million tokens, context windows, output speed, and total cost on real-world prompts.

Specifications

Spec DeepSeek V3 Mistral Small
Provider DeepSeek Mistral
Model id deepseek-v3 mistral-small
Input price (per 1M tokens) $0.28 $1.00
Output price (per 1M tokens) $0.42 $3.00
Context window 128,000 128,000
Output speed (tokens/sec) ~60 ~110

Cost on real prompts

Total cost = (input tokens × input price) + (output tokens × output price). Numbers below use the exact pricing tables published by each provider.

Scenario Input Output DeepSeek V3 Mistral Small Cheaper
Short question + answer 50 150 $0.000077 $0.0005 DeepSeek V3
Code review on one file 500 1,500 $0.00077 $0.005000 DeepSeek V3
Long document summary 5,000 500 $0.001610 $0.006500 DeepSeek V3
Heavy reasoning task 2,000 8,000 $0.003920 $0.026000 DeepSeek V3
Full codebase analysis 50,000 10,000 $0.018200 $0.080000 DeepSeek V3

Want the exact cost for your prompt instead of these examples? Open the cost calculator pre-loaded with both models →

When to pick which

Heuristics derived from the spec table above. Always validate on your own prompts before committing — these are starting points, not verdicts.

Pick DeepSeek V3 for

  • output-heavy workloads (long-form generation, code, summaries) — deepseek-v3 is meaningfully cheaper per output token
  • input-heavy workloads (long context, RAG, document QA) — deepseek-v3 is cheaper per input token

Pick Mistral Small for

  • latency-sensitive UX — mistral-small streams faster (~110 vs ~60 tok/s)

Switching between them

For most use cases, switching providers means updating the model id and the request shape if the providers differ. Within the same provider, it's usually a single-line change.

From DeepSeek V3 to Mistral Small

# Before
model = "deepseek-v3"

# After
model = "mistral-small"

If the providers differ (DeepSeek vs Mistral), you'll also need to swap the SDK / endpoint URL. Cross-provider migrations usually take 30 minutes to a few hours depending on how many features (streaming, function calling, tool use) you depend on.

Calculate cost on your own prompt

The examples above use generic input/output ratios. For an exact comparison, paste your real prompt into the calculator — it counts tokens with the right tokenizer for each model and shows side-by-side cost.

Open the calculator with both models →