DeepSeek V4 Pro vs Mistral Small 3.2
2026 Stored listed rates & illustrative token-cost comparison
Mistral Small 3.2
Deprecated
Deprecated endpoints may still be callable. Migrate before retirement.
Replacement reference: mistral-mistral-small-2603Illustrative Listed-Rate Difference
Mistral Small 3.2 about 85% lower
1M input + 200K output tokens; not a monthly bill
📌 Executive Summary (TL;DR):Under a standard baseline of 1M input + 200K output tokens, Mistral Small 3.2 lists approximately 85% lower than DeepSeek V4 Pro. For high-throughput production workloads, Mistral Small 3.2 delivers superior unit economics; model your specific monthly workload below before migrating.(Price records last updated 2026-10-11 (UTC))
💡 10M Monthly Token Workload Simulation
Simulating a production workload (10M input + 2M output tokens): DeepSeek V4 Pro listed rate totals ~$10.56, while Mistral Small 3.2 totals ~$1.60. Switching to Mistral Small 3.2 yields ~$8.96/mo in raw token savings.
Metric
DeepSeek V4 Pro (DeepSeek)
Mistral Small 3.2 (Mistral)
Input listed rate
$0.66 / 1M Tokens
$0.10 / 1M Tokens
Output listed rate
$1.98 / 1M Tokens
$0.30 / 1M Tokens
Cached Input rate
$0.02 / 1M Tokens
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Context Window
1000K Tokens
128K Tokens
Modality
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