DeepSeek V3.2 Exp vs Mistral Small 3 (Comparative Analysis)
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Comparative Analysis: DeepSeek V3.2 Exp vs. Mistral Small 3
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Overview
Mistral Small 3 was released 8 months before DeepSeek V3.2 Exp.
 DeepSeek V3.2 Exp |  Mistral Small 3 | |
|---|---|---|
Model Provider The organization behind this AI's development | DeepSeek | Mistral |
Input Context Window Maximum input tokens this model can process at once | 163.8K tokens | 32.8K tokens |
Output Token Limit Maximum output tokens this model can generate at once | 65.5K tokens | 16.4K tokens |
Release Date When this model first became publicly available | September 29, 2025 10 months ago September 29th, 2025 | January 30, 2025 1 year ago January 30th, 2025 |
Knowledge Cutoff Latest training-data date reported by the provider | July 31, 2025 | October 31, 2023 |
Capabilities & Features
Compare supported features, modalities, and advanced capabilities
DeepSeek V3.2 Exp | Mistral Small 3 | |
|---|---|---|
Input Types Supported input formats | 📝Text | 📝Text |
Reasoning Controls Defaults and configurable reasoning effort | Optional | Not reported |
Output Types Supported output formats | 📝Text | 📝Text |
Tokenizer Text encoding system | DeepSeek | Mistral |
Key Features Advanced capabilities | ✓Function Calling✓Structured Output✓Reasoning ModeContent Moderation | Function Calling✓Structured OutputReasoning ModeContent Moderation |
Open Source Model availability | Available on HuggingFace → | Available on HuggingFace → |
Pricing
DeepSeek V3.2 Exp is roughly 5.4x more expensive compared to Mistral Small 3 for input tokens and roughly 5.1x more expensive for output tokens.
| DeepSeek V3.2 Exp | Mistral Small 3 | |
|---|---|---|
Input Token Cost Cost per million input tokens | $0.27 per million tokens | $0.05 per million tokens |
Output Token Cost Cost per million output tokens | $0.41 per million tokens | $0.08 per million tokens |
Benchmarks
Compare relevant benchmarks between DeepSeek V3.2 Exp and Mistral Small 3.
| DeepSeek V3.2 Exp | Mistral Small 3 | |
|---|---|---|
Best Design Arena Score Highest human-preference Elo score across design arenas | 1,206 Elo (#44 in 3D (56.4% win rate)) | Benchmark not available. |
At a Glance
Quick overview of what makes DeepSeek V3.2 Exp and Mistral Small 3 unique.
DeepSeek V3.2 Exp by DeepSeek can use external tools and APIs, offers advanced reasoning, generates structured data. It can handle standard conversations with its 163.8K token context window. Very affordable at $0.27/M input and $0.41/M output tokens. Released September 29th, 2025.Mistral Small 3 by Mistral generates structured data. It can handle standard conversations with its 32.8K token context window. Very affordable at $0.05/M input and $0.08/M output tokens. Released January 30th, 2025.Explore More Comparisons
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