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DeepSeek V4 Pro vs Mistral Large 3

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 Mistral Large 3 is cheaper than DeepSeek V4 Pro at every input:output mix — there is no usage pattern where DeepSeek V4 Pro costs less.

Rate cards

Per 1M tokens DeepSeek V4 Pro Mistral Large 3
Input $1.32 $0.50
Cached input $0.044 $0.05
Output $3.96 $1.5
Context window

Monthly cost at five workloads

Workload Tokens / month DeepSeek V4 Pro Mistral Large 3
Prototype 1M in · 0.3M out $2.51 $0.95
Small app 10M in · 3M out $25.1 $9.50
Production app 50M in · 15M out $125 $47.5
High volume 200M in · 60M out $502 $190
Heavy platform 1B in · 300M out $2,508 $950

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 Pro: Cache-hit input bills at $0.044 per 1M at peak ($0.022 off-peak). Figures use PEAK rates. DeepSeek bills by time of day: peak is 01:00-04:00 and 06:00-10:00 UTC, and off-peak (the other 17 hours) is half these prices. We publish peak so the figure can never understate a bill; halve it for off-peak traffic. Mistral Large 3: Despite the name, Large 3 is priced below Medium 3.5 — it is Mistral's open-weight line; Medium 3.5 is the premium API model. Cached input reads bill at 10% of the input rate, with no cache-creation or storage fee. Price is one input — quality, latency and context limits differ. Confirm live pricing before committing.

Price both at your exact usage DeepSeek V4 Pro pricing Mistral Large 3 pricing