Comparison · DeepSeek and Mistral

DeepSeek V4 Flash Vision Exp vs Mistral Large 4

Listed API prices of DeepSeek V4 Flash Vision Exp and Mistral Large 4 turned into the cost of the same three standard tasks and what each provider’s API documentation says about features that break on a switch. Output quality, speed and answer length are not compared.

Calculated impact cost per task and per month

For an L2 task (deep analysis over a 50,000-token document, 3 steps), DeepSeek V4 Flash Vision Exp costs $0.074 and Mistral Large 4 $0.118 at the prices listed in the United States on , so DeepSeek V4 Flash Vision Exp is 37.1 % less than Mistral Large 4, counting visible output only, without cache discounts or hidden reasoning.

Head to head: DeepSeek V4 Flash Vision Exp: $0.074; Mistral Large 4: $0.118 Calculated from published rates Input and visible output are priced separately for the same task. 159,000 input + 3,000 visible output tokens per task. No cache discount; hidden reasoning excluded.
Head to head.Calculated from published rates Input and visible output are priced separately for the same task. 159,000 input + 3,000 visible output tokens per task. No cache discount; hidden reasoning excluded. Open image · Explore the chart · Measured Lab · CC BY 4.0
TaskDeepSeek V4 Flash Vision Exp, per taskMistral Large 4, per taskDeepSeek V4 Flash Vision Exp, per monthMistral Large 4, per monthDeepSeek V4 Flash Vision Exp vs Mistral Large 4, per task
L1Micro-task (classification or strict JSON extraction)$0.0009per L1 task$0.0015per L1 task$13.49per month$21.46per month−37.1 %
L2Deep analysis over a 50,000-token document$0.074per L2 task$0.118per L2 task$1,079.23per month$1,716.96per month−37.1 %
L3Agentic coding loop, 15 steps$0.591per L3 task$0.940per L3 task$8,624.22per month$13,720.35per month−37.1 %

Calculated Per month: 20 tasks an hour around the clock, 730 hours.

Prices USD per 1M tokens

PriceDeepSeek V4 Flash Vision ExpMistral Large 4
Input, per 1M tokens$0.440$0.700
Output, per 1M tokens$1.32$2.10
Price fromOpenRouter · source page (data) PublishedProvider's price list · source page Published
Read · the United States · the United States
Context window1,048,576 tokens1,048,576 tokens

What can I use it for? six common tasks, our data checks

Quality on your task: not measured by Measured Lab yet.

TaskDeepSeek V4 Flash Vision ExpMistral Large 4
Answer customer messages—Fits on price and context
Pull data from invoices and documents with strict JSON and page images—Fits on price and context
Summarize documents and meetings—Fits on price and context
Translate content—Fits on price and context
Chat assistant on your website—Fits on price and context
Write and review code with tool calls—Fits on price and context
Tasks it fits—6 of 6

Checks of our data for six common tasks: a published price, a context window and answer length for the task and, where the task needs them, strict JSON output, page images and tool calls; prices, cost a month and terms for each model on its model card. DeepSeek V4 Flash Vision Exp is not in the model picker. Compare models for your own task in the model picker.

What breaks when you switch Published provider documentation

Moving from DeepSeek to Mistral, 1 of the 5 features may not carry over, by each provider’s documentation:

  • Reasoning with tools — DeepSeek: yes; Mistral: not stated. Switching reasoning on can rule out some tool settings or output formats, or the other way round.

Moving from Mistral to DeepSeek, 2 of the 5 features may not carry over, by each provider’s documentation:

  • Strict JSON schemas — Mistral: yes; DeepSeek: partly. Code that parses answers without checks starts failing where a provider promises only valid JSON, not your schema.
  • Parallel tool calls — Mistral: yes; DeepSeek: not stated. An agent built around several calls per turn gets one call per turn: more round trips, more input tokens, slower runs.
Feature of the APIDeepSeekMistral
Strict JSON schemasPartlyYes
Parallel tool callsNot statedYes
Streamed tool argumentsNot statedNot stated
Reasoning with toolsYesNot stated
Cache covers tool definitionsNot statedNot stated

What each provider’s own API documentation says, read ; “not stated” is not the same as “no”. Quotes and sources: what breaks when you switch AI APIs.

Price changes in the last 30 days

  • The listed price of DeepSeek V4 Flash Vision Exp changed on on OpenRouter: input $0.22 → $0.44, output $0.65 → $1.32 per 1M tokens. Briefing
  • The listed price of Mistral Large 4 changed on on OpenRouter: input $0.68 → $1.36, output $2.09 → $4.18 per 1M tokens.
  • The listed price of Mistral Large 4 changed on on OpenRouter: input $1.36 → $0.70, output $4.18 → $2.10 per 1M tokens.
  • The listed price of Mistral Large 4 changed on on the provider's price list: input $1.36 → $0.70, output $4.18 → $2.10 per 1M tokens.

All model comparisons · How we check prices

Explore the numbers

Calculated from published rates

The same work. Two bills.

Input and visible output are priced separately for the same task.

$0.044L2 task differenceMistral Large 4 more
$637.73L2 monthly differenceAssumption: 20 tasks/hour × 730 hours
DeepSeek V4 Flash Vision Exp$0.074Mistral Large 4$0.118$0.00$0.05$0.10$0.15DeepSeek V4 Flash Vis…$0.074Mistral Large 4$0.118$0.00$0.05$0.10$0.15
Fresh inputVisible output

159,000 input + 3,000 visible output tokens per task. No cache discount; hidden reasoning excluded.

Mistral Large 4 costs $0.044 more per task.

DeepSeek V4 Flash Vision Exp$0.0009Mistral Large 4$0.0015$0.00$0.0005$0.001$0.0015DeepSeek V4 Flash Vis…$0.0009Mistral Large 4$0.0015$0.00$0.0005$0.001$0.0015
Fresh inputVisible output

1,500 input + 200 visible output tokens per task. No cache discount; hidden reasoning excluded.

Mistral Large 4 costs $0.0005 more per task.

DeepSeek V4 Flash Vision Exp$0.591Mistral Large 4$0.940$0.00$0.50$1.00DeepSeek V4 Flash Vis…$0.591Mistral Large 4$0.940$0.00$0.50$1.00
Fresh inputVisible output

1,315,500 input + 9,000 visible output tokens per task. No cache discount; hidden reasoning excluded.

Mistral Large 4 costs $0.349 more per task.

DeepSeek V4 Flash Vision Exp$1,079.23Mistral Large 4$1,716.96$0$500$1,000$1,500$2,000DeepSeek V4 Flash Vis…$1,079.23Mistral Large 4$1,716.96$0$500$1,000$1,500$2,000
Fresh inputVisible output

Assumption: 20 tasks/hour × 730 hours = 14,600 tasks/month.

Observed · United States

Wait and streaming speed

The same short request. Each route must have successful answers on at least two dates.

DeepSeek V4 Flash Vision Exp

Collecting

No route for this model has passed the publication threshold.

Published context window: 1,048,576 tokens.

Mistral Large 4

Direct API · Mistral · 65 answers on 13 dates.

First answer token 634 ms
Observed range · dot = median0.02.04.06.08.0secondsObserved range · dot = median0.02.04.06.08.0seconds

Mistral Large 4 · 634 ms median; observed range 489 ms–7.39 s.

Output speed 91.3 tokens/s
Observed range · dot = median0100200300400tokens/sObserved range · dot = median0100200300400tokens/s

Mistral Large 4 · 91.3 tokens/s median; observed range 12.9 tokens/s–212 tokens/s.

Observed · independent medians

More output than the answer shows.

Visible answer64Hidden reasoning0020406080Visible answer64Hidden reasoning0020406080

Calculated median cost per request: $0.000376.

Visible outputHidden reasoning

Visible output and hidden reasoning are independent medians and are not added together. Request cost is the median of individually priced requests. Hidden reasoning is billed at the output rate.

Published context window: 1,048,576 tokens.

Published · provider documentation

What changes when you switch

A matching feature list does not measure migration quality. “Not stated” is not the same as “No”.

Feature of the APIDeepSeekMistral
Strict JSON schemasPartlyYes
Parallel tool callsNot statedYes
Streamed tool argumentsNot statedNot stated
Reasoning with toolsYesNot stated
Cache covers tool definitionsNot statedNot stated

DeepSeek → Mistral: Review Reasoning with tools.

Mistral → DeepSeek: Review Strict JSON schemas, Parallel tool calls.

Read the dated documentation and feature details.

Sources: this page; published model prices (data (JSON)); task assumptions (data (JSON)). Published prices · Observed responses · Calculated scenarios · Assumptions stated with each chart.