token.app › Compare › Mistral Medium 3.1 vs DeepSeek V4 Flash Latest

Mistral Medium 3.1 vs DeepSeek V4 Flash Latest

DeepSeek V4 Flash Latest is 7.1× cheaper per token on a blended 3:1 basis. DeepSeek V4 Flash Latest accepts the larger context window (1.0M).

Head to head
Blended price uses a 3:1 input:output mix
Mistral Medium 3.1DeepSeek V4 Flash Latest
ProviderMistral AI~deepseek
Input $/1M$0.400$0.090
Output $/1M$2.00$0.180
Blended $/1M$0.800$0.113
Context window131K1.0M
Max output—384K
ReleasedAug 2025Aug 2026
LicenceProprietaryProprietary
Choose Mistral Medium 3.1 if…
  • No clear advantage on the data we hold.
Choose DeepSeek V4 Flash Latest if…
  • Costs less per token — $0.113 vs $0.800 blended
  • Larger context window (1.0M)
  • Newer model (released Aug 2026)
FAQ
Which is better, Mistral Medium 3.1 or DeepSeek V4 Flash Latest?
We do not hold independently-run benchmark scores covering both Mistral Medium 3.1 and DeepSeek V4 Flash Latest, so we make no quality claim. Their pricing and specifications are compared on this page.
Is Mistral Medium 3.1 cheaper than DeepSeek V4 Flash Latest?
DeepSeek V4 Flash Latest is cheaper: $0.113 versus $0.800 per million tokens blended at 3:1 input:output. Input alone: $0.400 vs $0.090. Output alone: $2.00 vs $0.180.
What context windows do Mistral Medium 3.1 and DeepSeek V4 Flash Latest have?
Mistral Medium 3.1: 131,072 tokens. DeepSeek V4 Flash Latest: 1,048,576 tokens.
Who makes Mistral Medium 3.1 and DeepSeek V4 Flash Latest?
Mistral Medium 3.1 is made by Mistral AI. DeepSeek V4 Flash Latest is made by ~deepseek.
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