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DeepSeek V4 Flash vs Mistral Small 4

Same usage, official rates, ranked by nothing but price. Both rate cards, the monthly bill at five workloads, and the exact usage mix where the answer flips.

The pricing verdict DeepSeek V4 Flash is cheaper than Mistral Small 4 at every input:output mix — there is no usage pattern where Mistral Small 4 costs less.

Rate cards

Per 1M tokens DeepSeek V4 Flash Mistral Small 4
Input $0.14 $0.15
Cached input $0.0028
Output $0.28 $0.60
Context window

Monthly cost at five workloads

Workload Tokens / month DeepSeek V4 Flash Mistral Small 4
Prototype 1M in · 0.3M out $0.22 $0.33
Small app 10M in · 3M out $2.24 $3.30
Production app 50M in · 15M out $11.2 $16.5
High volume 200M in · 60M out $44.8 $66
Heavy platform 1B in · 300M out $224 $330

Standard on-demand rates from each provider's official pricing page, verified July 2026; figures exclude caching and batch discounts and any long-context surcharges. DeepSeek V4 Flash: Cache-hit input bills at $0.0028 per 1M. The legacy deepseek-chat and deepseek-reasoner names map to this model. Price is one input — quality, latency and context limits differ. Confirm live pricing before committing.

Price both at your exact usage DeepSeek V4 Flash pricing Mistral Small 4 pricing