token.app › Compare › Mistral Small 4 vs DeepSeek V4 Flash Latest

Mistral Small 4 vs DeepSeek V4 Flash Latest

DeepSeek V4 Flash Latest is 2.3× 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 Small 4DeepSeek V4 Flash Latest
ProviderMistral AI~deepseek
Input $/1M$0.150$0.090
Output $/1M$0.600$0.180
Blended $/1M$0.262$0.113
Context window262K1.0M
Max output384K
ReleasedMar 2026Aug 2026
LicenceOpen weightsProprietary
Choose Mistral Small 4 if…
  • Open weights — self-hostable
Choose DeepSeek V4 Flash Latest if…
  • Costs less per token — $0.113 vs $0.262 blended
  • Larger context window (1.0M)
  • Newer model (released Aug 2026)
FAQ
Which is better, Mistral Small 4 or DeepSeek V4 Flash Latest?
We do not hold independently-run benchmark scores covering both Mistral Small 4 and DeepSeek V4 Flash Latest, so we make no quality claim. Their pricing and specifications are compared on this page.
Is Mistral Small 4 cheaper than DeepSeek V4 Flash Latest?
DeepSeek V4 Flash Latest is cheaper: $0.113 versus $0.262 per million tokens blended at 3:1 input:output. Input alone: $0.150 vs $0.090. Output alone: $0.600 vs $0.180.
What context windows do Mistral Small 4 and DeepSeek V4 Flash Latest have?
Mistral Small 4: 262,144 tokens. DeepSeek V4 Flash Latest: 1,048,576 tokens.
Who makes Mistral Small 4 and DeepSeek V4 Flash Latest?
Mistral Small 4 is made by Mistral AI. DeepSeek V4 Flash Latest is made by ~deepseek.
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