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DeepSeek V3.2 vs Mistral Nemo

Updated October 21, 2026. 2 benchmarks have a result for both. Coding is ranked on the Vibe Coding Index; every other board is shown as published.

DeepSeek V3.2DeepSeek
Coding
30.0
Overall
21.5
Output $/M
$0.88
2
Mistral NemoMistral AI
Coding
No data
Overall
No data
Output $/M
$0.15
0
vs boards won of 2 shared

Decision reading

Only DeepSeek V3.2 has a coding score, 30.0 on the Vibe Coding Index; Mistral Nemo has none, so the two cannot be ranked on coding.

Mistral Nemo has the edge where output tokens cost 5.9x less.

Shared results
2
DeepSeek V3.2 only
73
Mistral Nemo only
1
Like-for-like categories
2 of 9

Shared results can support a head-to-head reading. Results only one model has describe coverage, not superiority.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
DeepSeek V3.2 30.0 from 3 benchmarks, Mistral Nemo not benchmarked.
Widest category
General, 37.0 points apart on average over 1 shared benchmark.
Widest single gap
DTBench: DeepSeek V3.2 85.6% against Mistral Nemo 48.6%, 37.0 points apart on a 0 to 100 scale.
Output price
DeepSeek V3.2 $0.88 against Mistral Nemo $0.15 per million output tokens, 5.9x apart.
Context window
DeepSeek V3.2 takes 164K tokens, Mistral Nemo 131K.

Benchmark by benchmark

First the score: boards each model leads, per category, where both have a result. Then every board, a category to a fold; bars are each result on a 0 to 100 scale, so compare the two in a row, not one row with another.

Boards won, where both have a result
CategoryDeepSeek V3.2BarsMistral NemoTies
Intelligence10
General10
All shared boards20
CodingDirectional onlySix of these boards feed the Vibe Coding Index14 boards, none shared
Coding benchmarks for DeepSeek V3.2 and Mistral Nemo
BenchmarkDeepSeek V3.2Mistral NemoLeader
SWE-bench Verified70.0%Not measuredOnly DeepSeek V3.2 measured
SWE-bench Multilingual59.0%Not measuredOnly DeepSeek V3.2 measured
LMArena WebDev1362Not measuredOnly DeepSeek V3.2 measured
AA Coding Index44.2Not measuredOnly DeepSeek V3.2 measured
LiveCodeBench (Vals AI)80.7%Not measuredOnly DeepSeek V3.2 measured
SWE-bench Verified (Vals AI)67.6%Not measuredOnly DeepSeek V3.2 measured
Vibe Code Bench (Vals AI)5.1%Not measuredOnly DeepSeek V3.2 measured
LiveCodeBench (Artificial Analysis run)86.2%Not measuredOnly DeepSeek V3.2 measured
Terminal-Bench Hard (Artificial Analysis run)35.6%Not measuredOnly DeepSeek V3.2 measured
Terminal-Bench39.6%Not measuredOnly DeepSeek V3.2 measured
LMArena Text: coding1453Not measuredOnly DeepSeek V3.2 measured
LMArena Text: software and IT1449Not measuredOnly DeepSeek V3.2 measured
LMArena WebDev: React1350Not measuredOnly DeepSeek V3.2 measured
LMArena WebDev: HTML1371Not measuredOnly DeepSeek V3.2 measured
Neither model has a result on the other 24 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index10
Intelligence benchmarks for DeepSeek V3.2 and Mistral Nemo
BenchmarkDeepSeek V3.2Mistral NemoLeader
AA Intelligence Index21.5Not measuredOnly DeepSeek V3.2 measured
Epoch Capabilities Index146.1118.7DeepSeek V3.2
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index3 boards, none shared
Agentic work benchmarks for DeepSeek V3.2 and Mistral Nemo
BenchmarkDeepSeek V3.2Mistral NemoLeader
τ²-Bench Telecom90.6%Not measuredOnly DeepSeek V3.2 measured
APEX-Agents21.3%Not measuredOnly DeepSeek V3.2 measured
Vending-Bench 2$1,034Not measuredOnly DeepSeek V3.2 measured
Neither model has a result on the other 36 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
Reasoning benchmarks for DeepSeek V3.2 and Mistral Nemo
BenchmarkDeepSeek V3.2Mistral NemoLeader
GPQA Diamond80.3%Not measuredOnly DeepSeek V3.2 measured
GPQA Diamond (Artificial Analysis run)84.0%Not measuredOnly DeepSeek V3.2 measured
Humanity's Last Exam (Artificial Analysis run)24.6%Not measuredOnly DeepSeek V3.2 measured
ARC-AGI57.0%Not measuredOnly DeepSeek V3.2 measured
ARC-AGI-24.0%Not measuredOnly DeepSeek V3.2 measured
LMArena Text: hard prompts1434Not measuredOnly DeepSeek V3.2 measured
LMArena Text: expert1436Not measuredOnly DeepSeek V3.2 measured
LMArena Text: hard prompts in English1446Not measuredOnly DeepSeek V3.2 measured
Neither model has a result on the other 13 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index6 boards, none shared
Math benchmarks for DeepSeek V3.2 and Mistral Nemo
BenchmarkDeepSeek V3.2Mistral NemoLeader
AIME84.6%Not measuredOnly DeepSeek V3.2 measured
MGSM (Vals AI)86.0%Not measuredOnly DeepSeek V3.2 measured
AA Math Index92.0Not measuredOnly DeepSeek V3.2 measured
AIME 2025 (Artificial Analysis run)92.0%Not measuredOnly DeepSeek V3.2 measured
LMArena Text: math1435Not measuredOnly DeepSeek V3.2 measured
LMArena Text: mathematical work1440Not measuredOnly DeepSeek V3.2 measured
Neither model has a result on the other 7 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index12 boards, none shared
Knowledge benchmarks for DeepSeek V3.2 and Mistral Nemo
BenchmarkDeepSeek V3.2Mistral NemoLeader
MMLU Pro84.9%Not measuredOnly DeepSeek V3.2 measured
LegalBench (Vals AI)76.1%Not measuredOnly DeepSeek V3.2 measured
CaseLaw (Vals AI)55.4%Not measuredOnly DeepSeek V3.2 measured
CorpFin (Vals AI)51.0%Not measuredOnly DeepSeek V3.2 measured
TaxEval (Vals AI)68.2%Not measuredOnly DeepSeek V3.2 measured
MedQA (Vals AI)93.9%Not measuredOnly DeepSeek V3.2 measured
MMLU Pro (Artificial Analysis run)86.2%Not measuredOnly DeepSeek V3.2 measured
MMLUNot measured65.3%Only Mistral Nemo measured
LMArena Text: science1446Not measuredOnly DeepSeek V3.2 measured
LMArena Text: medicine and healthcare1440Not measuredOnly DeepSeek V3.2 measured
LMArena Text: legal and government1425Not measuredOnly DeepSeek V3.2 measured
LMArena Text: business and finance1410Not measuredOnly DeepSeek V3.2 measured
Neither model has a result on the other 5 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
Web design benchmarks for DeepSeek V3.2 and Mistral Nemo
BenchmarkDeepSeek V3.2Mistral NemoLeader
Design Arena: websites1175Not measuredOnly DeepSeek V3.2 measured
Design Arena: UI components1149Not measuredOnly DeepSeek V3.2 measured
Design Arena: game dev1131Not measuredOnly DeepSeek V3.2 measured
Design Arena: data viz1158Not measuredOnly DeepSeek V3.2 measured
Design Arena: 3D1133Not measuredOnly DeepSeek V3.2 measured
Design Arena: all code categories1164Not measuredOnly DeepSeek V3.2 measured
Design Arena: SVG1032Not measuredOnly DeepSeek V3.2 measured
Design Arena: ASCII art1082Not measuredOnly DeepSeek V3.2 measured
Neither model has a result on the other 1 board here
GeneralLike-for-likePublic boards, shown as published, kept out of the index10
General benchmarks for DeepSeek V3.2 and Mistral Nemo
BenchmarkDeepSeek V3.2Mistral NemoLeader
IFBench60.7%Not measuredOnly DeepSeek V3.2 measured
Long context reasoning (AA-LCR)73.3%Not measuredOnly DeepSeek V3.2 measured
DTBench85.6%48.6%DeepSeek V3.2
LMCA28.8%Not measuredOnly DeepSeek V3.2 measured
CL-bench12.4%Not measuredOnly DeepSeek V3.2 measured
CL-bench Life7.4%Not measuredOnly DeepSeek V3.2 measured
LMArena Text1425Not measuredOnly DeepSeek V3.2 measured
LMArena Text: instruction following1413Not measuredOnly DeepSeek V3.2 measured
LMArena Text: creative writing1400Not measuredOnly DeepSeek V3.2 measured
LMArena Text: English1439Not measuredOnly DeepSeek V3.2 measured
LMArena Text: non-English1409Not measuredOnly DeepSeek V3.2 measured
LMArena Text: Chinese1455Not measuredOnly DeepSeek V3.2 measured
LMArena Text: German1413Not measuredOnly DeepSeek V3.2 measured
LMArena Text: Japanese1374Not measuredOnly DeepSeek V3.2 measured
LMArena Text: Korean1370Not measuredOnly DeepSeek V3.2 measured
LMArena Text: French1429Not measuredOnly DeepSeek V3.2 measured
LMArena Text: Spanish1424Not measuredOnly DeepSeek V3.2 measured
LMArena Text: Russian1424Not measuredOnly DeepSeek V3.2 measured
LMArena Text: Polish1419Not measuredOnly DeepSeek V3.2 measured
LMArena Text: multi-turn1427Not measuredOnly DeepSeek V3.2 measured
LMArena Text: longer queries1428Not measuredOnly DeepSeek V3.2 measured
LMArena Text: writing and language1407Not measuredOnly DeepSeek V3.2 measured
LMArena Text: entertainment and media1395Not measuredOnly DeepSeek V3.2 measured
Neither model has a result on the other 23 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for DeepSeek V3.2 and Mistral Nemo
BenchmarkDeepSeek V3.2Mistral NemoLeader
Neither model has a result on 5 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

DeepSeek V3.2$0.0007Fits in one request
Mistral Nemo$0.0002Fits in one request

Mistral Nemo costs less

Repository review

50K input + 3K output tokens

DeepSeek V3.2$0.017Fits in one request
Mistral Nemo$0.0080Fits in one request

Mistral Nemo costs less

Agent loop

200K input + 10K output tokens

DeepSeek V3.2$0.067Exceeds the context window
Mistral Nemo$0.032Exceeds the context window

Mistral Nemo costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of DeepSeek V3.2 and Mistral Nemo
SpecificationDeepSeek V3.2Mistral Nemo
MakerDeepSeekMistral AI
WeightsOpen weightsOpen weights
ReleasedDecember 1, 2025July 19, 2024
Context window164K131K
Input $/Mtok$0.29$0.15
Output $/Mtok$0.88$0.15
Coding index30.0Not benchmarked
Independent measurements behind it30
Cost per solved task$0.99Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is DeepSeek V3.2 better than Mistral Nemo for coding?

Only DeepSeek V3.2 has a coding score, 30.0 on the Vibe Coding Index; Mistral Nemo has none, so the two cannot be ranked on coding. Mistral Nemo has the edge where output tokens cost 5.9x less.

Which is cheaper, DeepSeek V3.2 or Mistral Nemo?

DeepSeek V3.2 costs $0.29 per million input tokens and $0.88 per million output tokens; Mistral Nemo costs $0.15 and $0.15. Cost per solved task is known for DeepSeek V3.2 only.

Which has the bigger context window, DeepSeek V3.2 or Mistral Nemo?

DeepSeek V3.2, with 164K tokens against 131K.

How many benchmarks is the DeepSeek V3.2 vs Mistral Nemo comparison based on?

2 benchmarks have a result for both models as of October 21, 2026. DeepSeek V3.2's coding index rests on 3 independent benchmarks and Mistral Nemo's on 0. Where only one model has a result, the page says so instead of naming a winner.

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