DeepSeek V4 Pro vs Mistral Large 3
DeepSeek V4 Pro is 13% cheaper on input ($0.435 vs $0.50) and 42% cheaper on output ($0.87 vs $1.50). DeepSeek also has a 3.8x larger context window (1M vs 262K).
Pricing data verified: 2026-06-21
| Specification | DeepSeek V4 Pro (DeepSeek) | Mistral Large 3 (Mistral) |
|---|---|---|
| Input Price (per 1M tokens) | $0.435 | $0.500 |
| Output Price (per 1M tokens) | $0.870 | $1.50 |
| Context Window | 1M | 262K |
| Tier | Budget | Budget |
| Provider | DeepSeek | Mistral |
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Other Models to Consider
Which Model for Which Use Case?
Long Context Tasks
DeepSeek V4 Pro's 1M context window is 3.8x larger than Mistral Large 3's 262K. For processing long documents, codebases, or maintaining extended conversation history, DeepSeek is the clear winner.
European Data Compliance
Mistral is a European company with EU data processing. For GDPR compliance and European data sovereignty requirements, Mistral Large 3 may be the better choice regardless of price.
Multilingual Tasks
Mistral Large 3 excels at multilingual tasks, particularly European languages. If your application serves multilingual users, Mistral's language capabilities may justify the slightly higher cost.
High-Volume Production
Both are budget-friendly, but DeepSeek V4 Pro edges ahead at scale. At 10,000 requests/day, you save ~$115/month with DeepSeek — and get a 3.8x larger context window.
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Frequently Asked Questions
Is DeepSeek V4 Pro cheaper than Mistral Large 3?
Yes, slightly. DeepSeek V4 Pro costs $0.435/M input (13% cheaper) and $0.87/M output (42% cheaper). The output cost difference is more significant than the input cost difference.
Which has a better context window?
DeepSeek V4 Pro has a 1M token context window — 3.8x larger than Mistral Large 3's 262K. For long documents, large codebases, or extended conversations, DeepSeek has a clear advantage.
When would I choose Mistral Large 3?
Choose Mistral Large 3 for European data sovereignty requirements, Mistral ecosystem integration, or if you specifically need Mistral's strengths in multilingual tasks and function calling.
How much can I save with DeepSeek V4 Pro?
For 1,000 input tokens and 500 output tokens at 1,000 requests/day, DeepSeek V4 Pro costs roughly $26/month vs Mistral Large 3's $37.50/month — saving you about $11.50/month or 31%.