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DeepSeek V4 Flash 0423 vs Mistral Small 3.2 24B

DeepSeek V4 Flash 0423 and Mistral Small 3.2 24B cost about the same per output token ($0.28 vs $0.30 per million). Updated October 21, 2026; 5 benchmarks have a result for both.

DeepSeek V4 Flash 0423DeepSeek
Coding
No data
Overall
24.4
Output $/M
$0.28
5
Mistral Small 3.2 24BMistral AI
Coding
No data
Overall
No data
Output $/M
$0.30
0
vs boards won of 5 shared

DeepSeek V4 Flash 0423 or Mistral Small 3.2 24B: which to pick

Neither model has a coding score yet, so the two cannot be ranked on coding.

Pick DeepSeek V4 Flash 0423 for output tokens 1.1x cheaper ($0.28 vs $0.30 per million) and a larger context window (1.05M against 256K tokens).

Shared results
5
DeepSeek V4 Flash 0423 only
43
Mistral Small 3.2 24B only
0
Like-for-like categories
1 of 9

Only benchmarks that tested both models count toward a pick; a result only one model has is shown but not compared.

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 V4 Flash 0423 not benchmarked, Mistral Small 3.2 24B not benchmarked.
Widest category
Web design, 34.4 points apart on average over 5 shared benchmarks.
Widest single gap
Design Arena: websites: DeepSeek V4 Flash 0423 1208 against Mistral Small 3.2 24B 896, 39.0 points apart on a 0 to 100 scale.
Output price
DeepSeek V4 Flash 0423 $0.28 against Mistral Small 3.2 24B $0.30 per million output tokens, 1.1x apart.
Context window
DeepSeek V4 Flash 0423 takes 1.05M tokens, Mistral Small 3.2 24B 256K.

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 V4 Flash 0423BarsMistral Small 3.2 24BTies
Web design50
All shared boards50
CodingDirectional onlySix of these boards feed the Vibe Coding Index8 boards, none shared
Coding benchmarks for DeepSeek V4 Flash 0423 and Mistral Small 3.2 24B
BenchmarkDeepSeek V4 Flash 0423Mistral Small 3.2 24BLeader
LMArena WebDev1582Not measuredOnly DeepSeek V4 Flash 0423 measured
AA Coding Index52.0Not measuredOnly DeepSeek V4 Flash 0423 measured
WeirdML45.6%Not measuredOnly DeepSeek V4 Flash 0423 measured
ALE-Bench678.2Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: coding1457Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: software and IT1453Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena WebDev: React1585Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena WebDev: HTML1558Not measuredOnly DeepSeek V4 Flash 0423 measured
Neither model has a result on the other 30 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
Intelligence benchmarks for DeepSeek V4 Flash 0423 and Mistral Small 3.2 24B
BenchmarkDeepSeek V4 Flash 0423Mistral Small 3.2 24BLeader
AA Intelligence Index24.4Not measuredOnly DeepSeek V4 Flash 0423 measured
Epoch Capabilities Index146.1Not measuredOnly DeepSeek V4 Flash 0423 measured
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index1 board, none shared
Agentic work benchmarks for DeepSeek V4 Flash 0423 and Mistral Small 3.2 24B
BenchmarkDeepSeek V4 Flash 0423Mistral Small 3.2 24BLeader
AA Agentic Index26.3Not measuredOnly DeepSeek V4 Flash 0423 measured
Neither model has a result on the other 38 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index4 boards, none shared
Reasoning benchmarks for DeepSeek V4 Flash 0423 and Mistral Small 3.2 24B
BenchmarkDeepSeek V4 Flash 0423Mistral Small 3.2 24BLeader
SimpleBench46.3%Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: hard prompts1444Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: expert1441Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: hard prompts in English1449Not measuredOnly DeepSeek V4 Flash 0423 measured
Neither model has a result on the other 17 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
Math benchmarks for DeepSeek V4 Flash 0423 and Mistral Small 3.2 24B
BenchmarkDeepSeek V4 Flash 0423Mistral Small 3.2 24BLeader
LMArena Text: math1426Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: mathematical work1432Not measuredOnly DeepSeek V4 Flash 0423 measured
Neither model has a result on the other 11 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index4 boards, none shared
Knowledge benchmarks for DeepSeek V4 Flash 0423 and Mistral Small 3.2 24B
BenchmarkDeepSeek V4 Flash 0423Mistral Small 3.2 24BLeader
LMArena Text: science1446Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: medicine and healthcare1448Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: legal and government1439Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: business and finance1425Not measuredOnly DeepSeek V4 Flash 0423 measured
Neither model has a result on the other 13 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index50
Web design benchmarks for DeepSeek V4 Flash 0423 and Mistral Small 3.2 24B
BenchmarkDeepSeek V4 Flash 0423Mistral Small 3.2 24BLeader
Design Arena: websites1208896DeepSeek V4 Flash 0423
Design Arena: UI components1165907DeepSeek V4 Flash 0423
Design Arena: game dev1197888DeepSeek V4 Flash 0423
Design Arena: data viz1127929DeepSeek V4 Flash 0423
Design Arena: 3D1189Not measuredOnly DeepSeek V4 Flash 0423 measured
Design Arena: all code categories1205907DeepSeek V4 Flash 0423
Design Arena: SVG1155Not measuredOnly DeepSeek V4 Flash 0423 measured
Design Arena: ASCII art1109Not measuredOnly DeepSeek V4 Flash 0423 measured
Neither model has a result on the other 1 board here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index19 boards, none shared
General benchmarks for DeepSeek V4 Flash 0423 and Mistral Small 3.2 24B
BenchmarkDeepSeek V4 Flash 0423Mistral Small 3.2 24BLeader
DTBench86.4%Not measuredOnly DeepSeek V4 Flash 0423 measured
LMCA35.9%Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text1432Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: instruction following1421Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: creative writing1403Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: English1441Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: non-English1419Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: Chinese1463Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: German1419Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: Japanese1389Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: Korean1383Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: French1439Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: Spanish1436Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: Russian1427Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: Polish1436Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: multi-turn1449Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: longer queries1434Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: writing and language1410Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: entertainment and media1400Not measuredOnly DeepSeek V4 Flash 0423 measured
Neither model has a result on the other 27 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for DeepSeek V4 Flash 0423 and Mistral Small 3.2 24B
BenchmarkDeepSeek V4 Flash 0423Mistral Small 3.2 24BLeader
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 V4 Flash 0423$0.0003Fits in one request
Mistral Small 3.2 24B$0.0003Fits in one request

Mistral Small 3.2 24B costs less

Repository review

50K input + 3K output tokens

DeepSeek V4 Flash 0423$0.0073Fits in one request
Mistral Small 3.2 24B$0.0059Fits in one request

Mistral Small 3.2 24B costs less

Agent loop

200K input + 10K output tokens

DeepSeek V4 Flash 0423$0.029Fits in one request
Mistral Small 3.2 24B$0.023Fits in one request

Mistral Small 3.2 24B 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 V4 Flash 0423 and Mistral Small 3.2 24B
SpecificationDeepSeek V4 Flash 0423Mistral Small 3.2 24B
MakerDeepSeekMistral AI
WeightsOpen weightsOpen weights
ReleasedApril 24, 2026June 20, 2025
Context window1.05M256K
Input $/Mtok$0.13$0.10
Output $/Mtok$0.28$0.30
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it10
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is DeepSeek V4 Flash 0423 better than Mistral Small 3.2 24B for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick DeepSeek V4 Flash 0423 for output tokens 1.1x cheaper ($0.28 vs $0.30 per million) and a larger context window (1.05M against 256K tokens).

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

DeepSeek V4 Flash 0423 costs $0.13 per million input tokens and $0.28 per million output tokens; Mistral Small 3.2 24B costs $0.10 and $0.30. Cost per solved task is known for neither of them.

Which has the bigger context window, DeepSeek V4 Flash 0423 or Mistral Small 3.2 24B?

DeepSeek V4 Flash 0423, with 1.05M tokens against 256K.

How many benchmarks is the DeepSeek V4 Flash 0423 vs Mistral Small 3.2 24B comparison based on?

5 benchmarks have a result for both models as of October 21, 2026. DeepSeek V4 Flash 0423's coding index rests on 1 independent benchmark and Mistral Small 3.2 24B's on 0. Where only one model has a result, the page says so instead of naming a winner.

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