Compare / DeepSeek V4 Flash 0423 vs Mistral Small 3

DeepSeek V4 Flash 0423 vs Mistral Small 3

Which is cheaper, which is more capable, and which does better at each kind of work, from 13 results on 3 sources that measured both models.

DeepSeek V4 Flash 0423
DeepSeek · profile
Mistral Small 3
Mistral · profile
Results compared
13
Shared sources
3

DeepSeek V4 Flash 0423 or Mistral Small 3? The short answer

  • Mistral Small 3 is cheaper: $0.058 against $0.18 per million tokens, 3.0 times less.
  • DeepSeek V4 Flash 0423 scores higher on the Artificial Analysis Intelligence Index: 34.3 against 6.7.
  • On our business benchmarks, DeepSeek V4 Flash 0423 ranks higher for reasoning and knowledge and writing.
  • On our business benchmarks, Mistral Small 3 ranks higher for sticking to the facts.

At a glance

DeepSeek V4 Flash 0423Mistral Small 3
Price per million tokens$0.14 in · $0.28 out$0.050 in · $0.080 out
Blended (3 in : 1 out)$0.18$0.058
Cheapest host, blended$0.053 (StreamLake, FP8)–
Intelligence Index34.36.7
Spring Prompt overall––
Output speed, tokens a second––
Context window1,048,576 tokens32,768 tokens
WeightsOpenOpen
Developer based inChinaFrance

Prices are the developer's list price where we have read it, otherwise the typical host on OpenRouter; see every model's price. Intelligence and speed from Artificial Analysis.

Which is better for what

Each model's rank among models available today, for each kind of work, from our own benchmarks and licensed sources. The better rank is in green.

Use caseDeepSeek V4 Flash 0423Mistral Small 3
Agents and tool useMulti-step tasks with tools: support desks, coding agents, function calls 34 of 161 not measured
Reasoning and knowledgeHard questions across science, maths and general knowledge 40 of 195 190 of 195
WritingWhat people prefer in blind comparisons, and judged writing quality 62 of 187 155 of 187
Sticking to the factsSummarising without inventing things, and factual answers 81 of 153 11 of 153

Every shared result

BenchmarkMetricDeepSeek V4 Flash 0423Mistral Small 3
Arena (formerly LMArena)reportedBusiness, management and financeArena rating 1,4391,259
Arena (formerly LMArena)reportedCreative writingArena rating 1,4081,227
Arena (formerly LMArena)reportedExpert promptsArena rating 1,4571,259
Arena (formerly LMArena)reportedInstruction followingArena rating 1,4281,255
Arena (formerly LMArena)reportedOverallArena rating 1,4361,274
Arena (formerly LMArena)reportedWriting, literature and languageArena rating 1,4161,248
Artificial AnalysisreportedArtificial Analysis Intelligence Indexindex score 34.36.70
Artificial AnalysisreportedGPQA Diamond% of questions 90.8%46.2%
Artificial AnalysisreportedHumanity's Last Exam% of questions 38.6%3.8%
Artificial AnalysisreportedLong-context reasoning (AA-LCR)% of questions 79.7%0.0%
UGI LeaderboardreportedRequested-length error% off the requested word count 12.0%8.0%
UGI LeaderboardreportedStyle adherencescore from 0 to 1 0.360.35
UGI LeaderboardreportedWriting scorescore out of 100 54.633.9

Bold green marks the better value on that metric. Where a source reports ranges that overlap, the difference may not be meaningful; see the benchmark page for ranges.

Quick answers

Is DeepSeek V4 Flash 0423 better than Mistral Small 3?

It depends on the task. Among models available today, on our benchmarks and licensed sources, DeepSeek V4 Flash 0423 ranks higher for reasoning and knowledge and writing; Mistral Small 3 ranks higher for sticking to the facts.

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

Mistral Small 3 costs $0.058 per million tokens (three input to one output), against $0.18 for DeepSeek V4 Flash 0423.

Run DeepSeek V4 Flash 0423 and Mistral Small 3 on your own prompt

Benchmarks aren't your data. Try both side by side in the playground, with the cost of every answer.