// head_to_head

DeepSeek V4 Flash 0423 vs Mistral Small 3.2 24B

Published LiveBench scores across all seven categories, live list pricing, context windows, and the measured cost of a point of capability — for both models, side by side.

OpenRouter + LiveBenchAll comparisonsFull leaderboard

DeepSeek V4 Flash 0423 is the cheaper of the two; neither can be ranked on quality here.

Mistral Small 3.2 24B does not have a published LiveBench run, so this comparison covers price, context and declared capabilities only. A missing score means "not evaluated", not "worse" — the right way to separate these two is an eval on your own workload.

deepseek

DeepSeek V4 Flash 0423

Blended / 1M
$0.111
Context
1.0M
Released
Apr 24, 2026
Overall score
65.5
reasoningtool callingprompt caching

mistralai

Mistral Small 3.2 24B

Blended / 1M
$0.133
Context
256K
Released
Jun 20, 2025
Overall score
Not evaluated
tool callingimage input

Specs and pricing

MetricDeepSeek V4 Flash 0423Mistral Small 3.2 24B
LiveBench overall

Mean of the seven LiveBench category scores, 0–100. Higher is better.

65.5
Cost per point

Measured benchmark spend divided by overall score — dollars per point of capability.

$0.0083
Blended price / 1M

3:1 input:output mix, the usual shape of production traffic.

$0.111win$0.133
Input price / 1M$0.089$0.094
Output price / 1M$0.177win$0.250
Cached input / 1M

Price of an input token served from the prompt cache, where the provider publishes one.

$0.018
Context window1.0Mwin256K
Max output tokens384Kwin16K

Benchmarks by category

An overall score averages away the thing you probably care about. These are the seven LiveBench categories scored separately — DeepSeek V4 Flash 0423 on top, Mistral Small 3.2 24B below, both out of 100.

Agentic coding
37.6
Coding
69.2
Reasoning
70.6
Mathematics
79.6
Data analysis
68.0
Language
70.1
Instruction following
63.1

What each one costs to run

Per-token prices are hard to feel. These are monthly list costs for both models across five workload shapes, using each provider's published cached-input rate where there is one.

WorkloadDeepSeek V4 Flash 0423Mistral Small 3.2 24B
Support chatbot

1.2K in / 400 out × 200K requests

$30.34/mo$42.50/mo
RAG assistant

8K in / 600 out × 100K requests

$53.16/mo$90.00/mo
Coding agent

40K in / 4K out × 20K requests

$45.37/mo$95.00/mo
Document extraction

20K in / 1.5K out × 50K requests

$98.35/mo$112.50/mo
Bulk classification

500 in / 20 out × 5M requests

$203.79/mo$259.37/mo
Run these two through the cost calculator

Which should you pick?

You need to fit large documents in one call

DeepSeek V4 Flash 0423

Wider context window — 1.0M against 256K.

DeepSeek V4 Flash 0423 vs Mistral Small 3.2 24B FAQ

Which is better, DeepSeek V4 Flash 0423 or Mistral Small 3.2 24B?

DeepSeek V4 Flash 0423 is the cheaper of the two; neither can be ranked on quality here. Mistral Small 3.2 24B does not have a published LiveBench run, so this comparison covers price, context and declared capabilities only. A missing score means "not evaluated", not "worse" — the right way to separate these two is an eval on your own workload.

Is DeepSeek V4 Flash 0423 cheaper than Mistral Small 3.2 24B?

DeepSeek V4 Flash 0423 is cheaper. On a 3:1 input:output blend, DeepSeek V4 Flash 0423 lists at $0.111 per million tokens and Mistral Small 3.2 24B at $0.133 — DeepSeek V4 Flash 0423 is 20% cheaper. Input and output are priced separately — DeepSeek V4 Flash 0423 charges $0.089 in and $0.177 out, Mistral Small 3.2 24B charges $0.094 and $0.250 — so the model that looks cheaper flips depending on how output-heavy your workload is.

Does DeepSeek V4 Flash 0423 or Mistral Small 3.2 24B have a bigger context window?

DeepSeek V4 Flash 0423 has the larger context window: 1.0M for DeepSeek V4 Flash 0423 against 256K for Mistral Small 3.2 24B. Note that a window you can fill is not a window you should fill — retrieval quality usually degrades well before the limit, and you pay for every token you put in it.

Do DeepSeek V4 Flash 0423 and Mistral Small 3.2 24B support prompt caching?

DeepSeek V4 Flash 0423 publishes a cached-input rate of $0.018 per million tokens against a full input rate of $0.089. The catalogue lists no separate cached rate for Mistral Small 3.2 24B, which means the provider does not price it separately here — not that caching is unavailable.

Related comparisons

How these numbers are produced

  • Price — provider list price from OpenRouter, refreshed every 15 minutes. “Blended” is a 3:1 input:output mix.
  • ScoresLiveBench release 2026-06-25, using their own category map. Each model shows its strongest published run. A blank means “not evaluated”, never “bad”.
  • Cost per point — the measured dollars LiveBench spent on the run, divided by the score it earned.
  • “Win” — awarded only past a threshold: one full point on a benchmark score, 10% on a price, 25% on a context window. Anything tighter reports as a tie, because effort settings alone move a LiveBench score by more than that.

Published benchmarks rank models on someone else's tasks. Before committing, see LLM & agent evaluation for building an eval on your own.