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DeepSeek V3.5 vs Mistral Large 3

Side-by-side pricing, capabilities, real-world cost across common scenarios, and our editorial pick.

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all prices in USD per 1M tokens

DeepSeek V3.5

DeepSeek · released 2025-12-01

Quality (AA Index)81
Input price$0.14
Output price$0.28
Context128K
Throughput95 tok/s
P50 latency1.5s
OVERALL WINNER

Mistral Large 3

Mistral · released 2026-02-01

Quality (AA Index)82
Input price$2.00
Output price$6.00
Context128K
Throughput140 tok/s
P50 latency0.9s

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Head-to-head specs

Green column = winner per metric
MetricDeepSeek V3.5Mistral Large 3Verdict
Input price
/1M tokens
$0.14$2.00DeepSeek V3.5 −93%
Output price
/1M tokens
$0.28$6.00DeepSeek V3.5 −95%
Context window
max input length
128K128KTied
AA Quality
AA Intelligence Index (0–100)
8182Mistral Large 3 +1pt
Arena Elo
LMArena human-pref Elo (800–2000)
Tied
Throughput
tokens per second
95140Mistral Large 3 +47%
P50 latency
first token
1.5s0.9sMistral Large 3 −40%
Vision
multimodal
Tied
Function calling
tool use
Tied
Reasoning mode
chain-of-thought
Tied

Monthly cost across common scenarios

Default usage assumptions
ScenarioDeepSeek V3.5Mistral Large 3
customer support
1000K req · 600/180 tok
$134$2.3K
chat with docs
300K req · 4000/300 tok
$193$2.9K
code generation
500K req · 2000/500 tok
$210$3.5K
voice assistant
600K req · 800/200 tok
$101$1.7K
Our pick

For most workloads, choose Mistral Large 3.

  • 47% faster throughput — matters for streaming UX and voice agents
Choose DeepSeek V3.5 instead if: Roughly GPT-4o-class quality at roughly 90% off. Tradeoff is region availability (Chinese provider) and slower output throughput than Western frontier tiers.

Read our deep analysis

Why pick? Use both with smart routing

Phase 2 · gateway with fallback chain

Set Mistral Large 3 as primary, DeepSeek V3.5 as fallback. One key, one bill, automatic failover when Mistral Large 3 errors.

PHASE 2 PREVIEW · gateway not live yetThis endpoint does not exist yet. The gateway is in Phase 2 — what you see below is a design preview of the planned interface, not a live API. We will email subscribers when it launches.
Preview the planned API call
$ curl https://api.aipricly.com/v1/chat/completions \
  -H "Authorization: Bearer $AIPC_KEY" \
  -d '{
    "routing": {
      "primary": "mistral/mistral-large-3",
      "fallback": ["deepseek/deepseek-v3-5"]
    },
    "messages": [{"role": "user", "content": "..."}]
  }'

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