DeepSeek V3.2 vs Mistral Large 3
Cost and capability comparison. For a sample workload of 1,000 input and 500 output tokens across 100,000 requests/month, DeepSeek V3.2 is cheaper by about $76.00/month.
| DeepSeek V3.2 | Mistral Large 3 | |
|---|---|---|
| Intelligence | ||
| Arena · Overall(LMArena Elo — higher is better) | 1420 | 1427✓ |
| Arena rank (overall) | #58 | #50✓ |
| Arena · Coding | 1288✓ | 1224 |
| Arena · Math & reasoning | 1335 | 1365✓ |
| Arena · Agentic / tool use | — | 1360✓ |
| Score evidence | Measured | Measured |
| Pricing (USD / 1M tokens) | ||
| Input | $0.2800✓ | $0.5000 |
| Output | $0.4200✓ | $1.50 |
| Cached input (read) | $0.0300✓ | — |
| Cache write | — | — |
| Blended(3:1 input:output blend) | $0.3150✓ | $0.7500 |
| Specs & capabilities | ||
| Provider | DeepSeek | Mistral AI |
| Context window | 164K (164,000) | 262K (262,000)✓ |
| Max output | 8,192 | 8,192 |
| Modalities | text | text |
| Vision | No | Yes |
| Tool use | Yes | Yes |
| Reasoning | No | No |
| Prompt caching | Yes | No |
| Batch pricing | No | No |
| Tokenizer | approx | approx |
| Release date | — | — |
| Status | ga | ga |
Intelligence scores are community Arena ratings from LMArena / arena.ai, used under CC BY 4.0. Snapshot last refreshed 18 September 2026. Scores are a relative signal, not an absolute measure of capability. A Measured score was voted on directly; an Estimated score is inherited from an identical base model (a regional/creator-prefixed hosting duplicate). See our methodology.
Compare on your own workload
DeepSeek V3.2 and Mistral Large 3 are pre-loaded. Adjust the tokens and monthly volume to see which is cheaper for your usage.
Used unless you set active users below.
Results update automatically as you type.
| DeepSeek V3.2 | DeepSeek | $0.000490 | $49.00 | $588.00 | 164,000 |
| Mistral Large 3 | Mistral AI | $0.00125 | $125.00 | $1,500.00 | 262,000 |
FAQ
Which is cheaper, DeepSeek V3.2 or Mistral Large 3?
For a workload of 1,000 input and 500 output tokens over 100,000 requests/month, DeepSeek V3.2 is cheaper, costing about $49.00/month versus $125.00/month.
What is the context window of DeepSeek V3.2 and Mistral Large 3?
DeepSeek V3.2 supports 164,000 tokens, while Mistral Large 3 supports 262,000 tokens.
Estimates for planning only. Verify current pricing with each provider.