DeepSeek V4.1 Flash vs Mistral Large 4: price, context and capabilities

Choose DeepSeek V4.1 Flash for high-volume, cost-sensitive work, writing and code generation and the hardest reasoning tasks. Choose Mistral Large 4 for self-hosting and data control.

In short

  • DeepSeek V4.1 Flash is 30% cheaper than Mistral Large 4 at the headline price ($0.525 / 1M tokens vs $0.75 / 1M tokens).
  • Both accept 1M tokens per request.
  • Only DeepSeek V4.1 Flash offers reasoning, prompt caching.
  • Only Mistral Large 4 offers self-hostable.

Open in the full comparison table

What a month costsAt 20 million input and 5 million output tokens a month.
  1. DeepSeek V4.1 FlashDeepSeek$12.00
  2. Mistral Large 4Mistral AI$17.50

Try your own volumes in the calculator

Which should you choose?

Each answer below comes straight from the published prices, specifications and independent benchmark results.

High-volume, cost-sensitive work

Choose DeepSeek V4.1 Flash

DeepSeek V4.1 Flash costs 30% less on a typical mix of three input tokens for every output token ($0.53 against $0.75 per million tokens).

Writing and code generation

Choose DeepSeek V4.1 Flash

DeepSeek V4.1 Flash charges $1.20 per million output tokens, against $1.50 for Mistral Large 4. Output dominates the bill when answers are long.

Hardest reasoning tasks

Choose DeepSeek V4.1 Flash

DeepSeek V4.1 Flash scores 45.1 on the Artificial Analysis Intelligence Index, against 38.4 for Mistral Large 4.

Reasoning over long documents

Either one

They are practically level on Long-context reasoning (AA-LCR) (82.7% and 81.3%).

Self-hosting and data control

Choose Mistral Large 4

Mistral Large 4 has open weights, so you can run it on your own servers; DeepSeek V4.1 Flash is only available through its provider.

Monthly cost at three volumes

VolumeDeepSeek V4.1 FlashMistral Large 4Difference
Prototype: 1M input, 250K output tokens $0.60 $0.88 DeepSeek V4.1 Flash, $0.28 less
Production: 20M input, 5M output tokens $12.00 $17.50 DeepSeek V4.1 Flash, $5.50 less
Scale: 500M input, 100M output tokens $270.00 $400.00 DeepSeek V4.1 Flash, $130.00 less

Standard rates, without caching or batch discounts. Volumes are per month.

Specifications side by side

DeepSeek V4.1 FlashMistral Large 4
ProviderDeepSeekMistral AI
CategoryLanguage modelsLanguage models
StatusGenerally availablePreview
Headline price$0.525 / 1M tokens$0.75 / 1M tokens
Input$0.30 / 1M tokens$0.50 / 1M tokens
Output$1.20 / 1M tokens$1.50 / 1M tokens
Cached input$0.006 / 1M tokensNo data
Context window1M1M
Max output384kNo data
ReleasedOctober 2026October 2026
Knowledge cutoffNo dataNo data
LicenceProprietaryOpen weights
CapabilitiesVision, Reasoning, Tool calling, Structured output, Prompt cachingVision, Tool calling, Structured output, Self-hostable
API model iddeepseek-flashmistral-large-4

Benchmarks side by side

Leader in bold.

BenchmarkDeepSeek V4.1 FlashMistral Large 4
Intelligence Index 45.1 38.4
SciCode 55.9% 54.2%
Humanity's Last Exam 43.3% 35%
MMMU-Pro (visual reasoning) 80.6% 76.4%
Long-context reasoning (AA-LCR) 82.7% 81.3%

Independent evaluations by Artificial Analysis, run the same way for every model, at the reasoning setting shown. Percentages unless marked as an index.

Frequently asked questions

Should I choose DeepSeek V4.1 Flash or Mistral Large 4?

Choose DeepSeek V4.1 Flash for high-volume, cost-sensitive work, writing and code generation and the hardest reasoning tasks. Choose Mistral Large 4 for self-hosting and data control.

Which is cheaper, DeepSeek V4.1 Flash or Mistral Large 4?

DeepSeek V4.1 Flash is 30% cheaper than Mistral Large 4 at the headline price ($0.525 / 1M tokens vs $0.75 / 1M tokens).

Which has the larger context window, DeepSeek V4.1 Flash or Mistral Large 4?

Both accept 1M tokens per request.

What is the difference between DeepSeek V4.1 Flash and Mistral Large 4?

DeepSeek V4.1 Flash is made by DeepSeek and Mistral Large 4 by Mistral AI. DeepSeek V4.1 Flash is 30% cheaper than Mistral Large 4 at the headline price ($0.525 / 1M tokens vs $0.75 / 1M tokens). Both accept 1M tokens per request. Only DeepSeek V4.1 Flash offers reasoning, prompt caching. Only Mistral Large 4 offers self-hostable.

How much do DeepSeek V4.1 Flash and Mistral Large 4 cost per month?

At 20 million input and 5 million output tokens a month, DeepSeek V4.1 Flash costs $12.00 and Mistral Large 4 costs $17.50, at standard rates.