Model comparison

DeepSeek V4 Pro vs Mistral Small 4

Compare DeepSeek V4 Pro vs Mistral Small 4 API pricing: input/output token costs, cache pricing, context windows, workload estimates, and routing fit.

DeepSeek V4 Pro

deepseek · deepseek-v4-pro

Input
$1.32
Output
$3.96
Context
1M

Mistral Small 4

mistral · mistral/mistral-small-2603

Input
$0.15
Output
$0.6
Context
256K

Quick take

Mistral Small 4 has the lower input price at $0.15 per 1M input tokens. Mistral Small 4 is cheaper for the example blended workload below. DeepSeek V4 Pro has the larger context window at 1M tokens.

Choose DeepSeek V4 Pro if...

  • DeepSeek V4 Pro is safer for long documents, repository analysis, and RAG prompts because it has the larger context window.
  • DeepSeek V4 Pro gives more room for long generated answers, reports, or code output.

Choose Mistral Small 4 if...

  • Mistral Small 4 is the better default for cost-sensitive traffic and repeated high-volume calls.
  • Mistral Small 4 is required if images, screenshots, or visual documents are part of the workflow.

Example workload cost

Estimates use input tokens plus 20% output tokens. They exclude provider discounts, cache hits, and tool/search surcharges.

Workload DeepSeek V4 Pro Mistral Small 4 Cheaper
1M input + 200K output $2.11 $0.27 Mistral Small 4
10M input + 2M output $21.12 $2.70 Mistral Small 4
100M input + 20M output $211.20 $27.00 Mistral Small 4

Context, output, and capability fit

DeepSeek V4 Pro provides the larger context window. Check max output separately when the task needs long reports, code generation, or full-document rewrites.

DeepSeek V4 Pro max output
384K
Mistral Small 4 max output
n/a
DeepSeek V4 Pro features
prompt caching, function calling
Mistral Small 4 features
prompt caching, function calling, vision

Risk notes for DeepSeek V4 Pro

  • No major capability risk is flagged in this snapshot, but provider pages should still be verified before production routing.

Risk notes for Mistral Small 4

  • No major capability risk is flagged in this snapshot, but provider pages should still be verified before production routing.

Routing tags

frontierpremiumcodingreasoningagentsopen-weightlong-contextcache-friendlyraglocal-openbudgetenterprisemultimodal

Related comparisons