DeepSeek V4 Pro 0424 (Max) vs Mistral Small 4 (Reasoning)
Which is better for the money: DeepSeek V4 Pro 0424 (Max) by DeepSeek or Mistral Small 4 (Reasoning) by Mistral? Intelligence, total benchmark cost, and end-to-end time from Artificial Analysis & other sources, snapshot 2026-10-24.
Trade-off
Verdict
Depends on your budget
DeepSeek V4 Pro 0424 (Max) scores 19.1 points higher (30.4 vs 11.3) but costs 6.5× as much to run the benchmark ($277 vs $42.5; mid-range vs budget cost classes). They are not alternatives at one budget: pick DeepSeek V4 Pro 0424 (Max) when you need intelligence above 11.3, and Mistral Small 4 (Reasoning) when 11.3 is enough.
| Metric | DeepSeek V4 Pro 0424 (Max) | Mistral Small 4 (Reasoning) | Difference |
|---|---|---|---|
| Intelligence (higher is better) | 30.4 | 11.3 | −62.8% Mistral Small 4 (Reas… is 62.8% less intelligent |
| Total AA cost (lower is better) | $277.30 | $42.50 | −84.7% Mistral Small 4 (Reas… is 84.7% cheaper |
| End-to-end time (lower is better) | 48.87s | 14.50s | −70.3% Mistral Small 4 (Reas… is 70.3% faster |
| Price per 1M tokens (in / out) | $0.43 / $0.87 | $0.15 / $0.60 | |
| Input modalities | Text | Text, Image |
Mistral Small 4 (Reasoning) vs DeepSeek V4 Pro 0424 (Max): 62.8% less intelligence, 84.7% less cost to run the AA benchmark, and 70.3% faster end-to-end.
Today's Pareto frontier
Against the frontier
- DeepSeek V4 Pro 0424 (Max) is off the frontier: at the same or lower cost, MiMo-V2.6-Pro scores 46.30 for $207.
- Mistral Small 4 (Reasoning) is off the frontier: at the same or lower cost, GPT-6 Luna (Medium) scores 29.90 for $31.2.
DeepSeek V4 Pro 0424 (Max)Mistral Small 4 (Reasoning)Today's Pareto frontierOpen-weights frontierEvery other model
Matchup
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Accept: text/markdown or ?format=md returns this page as Markdown. JSON: /api/v1/compare/deepseek-v4-pro-0424/mistral-small-4 · Markdown: /api/v1/compare/deepseek-v4-pro-0424/mistral-small-4?format=md · llms.txt · agent skill