ModelRefs / DeepSeek V3 vs Mistral Large 2
DeepSeek V3 vs Mistral Large 2
DeepSeek V3 vs Mistral Large 2: side-by-side benchmarks, pricing, context windows, coding ability and deployment. Pick the right model for your stack.
Overview
DeepSeek V3: DeepSeek V3 is DeepSeek's December 2024 open-weights Mixture-of-Experts model, activating 37 billion of 671 billion total parameters per token across a 128,000-token context window. It ships under the MIT licence with published weights and a technical report, and DeepSeek reports its own evaluation table for the text chat model under an 8,000-token output limit.
Mistral Large 2: Mistral Large 2 is Mistral AI's 2024 flagship commercial model with a 128,000-token context window, built for instruction following, multilingual tasks and function calling in agentic workflows. Both releases are now retired on Mistral's own API: mistral-large-2407 on 30 March 2025, replaced by Mistral Large 3, and mistral-large-2411 on 31 May 2026, replaced by Mistral Medium 3.5.
Context window: DeepSeek V3 accepts up to 128,000 tokens, Mistral Large 2 up to 128,000. Confirm the limit for your specific deployment channel before relying on it.
DeepSeek V3 vs Mistral Large 2 at a glance
| Attribute | DeepSeek V3 | Mistral Large 2 |
|---|---|---|
| Provider | DeepSeek | Mistral AI |
| Released | 2024-12-26 | 2024-11-01 |
| Context window | 128,000 tokens | 128,000 tokens |
| Input price | $0.27/M tokens | $2/M tokens |
| Output price | $1.1/M tokens | $6/M tokens |
| Licence | MIT | Mistral Commercial |
| Self-hostable | Yes, open weights | No, hosted only |
| Modalities | text | text |
Where they differ most
- Cost Efficiency: DeepSeek V3 85%, Mistral Large 2 56%. DeepSeek V3 leads on this dimension.
- Reasoning: DeepSeek V3 72%, Mistral Large 2 86%. Mistral Large 2 leads on this dimension.
Capability scores are ModelRefs' own derived signals, not vendor claims or benchmark results. Validate against your own workload before relying on them.
Continue your research
Use these connected ModelRefs sections to compare alternatives, inspect implementation paths, and review the evidence and governance boundaries relevant to DeepSeek V3 vs Mistral Large 2.
Frequently asked questions
Which is better, DeepSeek V3 or Mistral Large 2?
DeepSeek V3 and Mistral Large 2 target different workloads — see the benchmark and pricing tables for a side-by-side answer.
Is DeepSeek V3 cheaper than Mistral Large 2?
Compare $0.00027 vs $0.00200 on this page.