ZMIME
Comparison · 3 models · Updated Oct 4, 2026

DeepSeek-R1 vs Mistral Small 3.2 vs Qwen3 235B-A22B

Mistral Small 3.2 comes out ahead, 60 to 51 and 51 on our weighted score, and it is the cheaper option too.

  1. DeepSeek

    DeepSeek-R1

    Released Jan 20, 2025

    51/100
    • ECI139.0
    • Price$0.70 / $2.60
    • Context128K
  2. Our pick

    Mistral AI

    Mistral Small 3.2

    Released Jun 20, 2025

    60/100
    • ECI131.7
    • Price$0.10 / $0.30
    • Context128K
  3. Alibaba (Qwen)

    Qwen3 235B-A22B

    Released Apr 28, 2025

    51/100
    • ECI139.4
    • Price$0.70 / $2.80
    • Context131K
01 — Verdict

Mistral Small 3.2 is our pick

Mistral Small 3.2 is the better all-round choice, scoring 60/100 against Qwen3 235B-A22B (51) and DeepSeek-R1 (51). It leads on price and inputs & features. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • CapabilityQwen3 235B-A22BCapabilities Index (ECI): Qwen3 235B-A22B 139.4 · DeepSeek-R1 139.0 · Mistral Small 3.2 131.7
  • Lowest priceMistral Small 3.2Mistral Small 3.2 $0.15 · DeepSeek-R1 $1.18 · Qwen3 235B-A22B $1.23 per 1M tokens (3:1 blend)
  • Longest contextQwen3 235B-A22BQwen3 235B-A22B 131,072 · DeepSeek-R1 128,000 · Mistral Small 3.2 128,000 tokens
  • Widest inputsMistral Small 3.2DeepSeek-R1: Text · Mistral Small 3.2: Text, Images · Qwen3 235B-A22B: Text
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightDeepSeek-R1Mistral Small 3.2Qwen3 235B-A22B
CapabilityCapabilities Index (ECI)50%645565
Price25%478946
Inputs & features15%355035
Context window10%242424
Overall100%51/10060/10051/100
02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

DeepSeek-R1 vs Mistral Small 3.2 vs Qwen3 235B-A22B specifications side by side
SpecificationDeepSeek-R1DeepSeekMistral Small 3.2Mistral AIQwen3 235B-A22BAlibaba (Qwen)
Capability
Capabilities Index (ECI)139.0131.7139.4 (best)
ECI rank#104 of 148#123 of 148#103 of 148 (best)
GPQA DiamondGraduate-level science questions71.7% (best)49.1%70.7%
OTIS Mock AIME 2024–2025Competition mathematics53.3% (best)30.3%—
Price per million tokens
Input$0.70$0.10 (best)$0.70
Output$2.60$0.30 (best)$2.80
Cached input———
Blended (3:1)$1.18$0.15 (best)$1.23
Long-context rateSame rateSame rateSame rate
Price sourceMedian of 11 providersOfficial Mistral APIOfficial Alibaba API
Limits
Context window128,000 tokens128,000 tokens131,072 tokens (best)
Max output32,768 tokens (best)16,384 tokens16,384 tokens
Inputs and features
TextYesYesYes
ImagesNoYesNo
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningYesNoYes
Tool callingYesYesYes
Structured outputNoNoNo
Availability
WeightsOpenOpenOpen
API model ID—mistral-small-2506qwen3-235b-a22b
API providers12 (best)67
ReleasedJan 20, 2025Jun 20, 2025Apr 28, 2025
Knowledge cutoffJul 2024Mar 2025Apr 2025
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • DeepSeek-R1$12.20
  • Mistral Small 3.2$1.60
  • Qwen3 235B-A22B$12.60
04 — Questions

Which should you choose?

Which is better: DeepSeek-R1, Mistral Small 3.2 or Qwen3 235B-A22B?

Mistral Small 3.2 is the better all-round choice, scoring 60/100 against Qwen3 235B-A22B (51) and DeepSeek-R1 (51). It leads on price and inputs & features. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, DeepSeek-R1, Mistral Small 3.2 or Qwen3 235B-A22B?

Mistral Small 3.2 is cheaper at $0.10 input / $0.30 output per million tokens (official Mistral API price). DeepSeek-R1 costs $0.70 input / $2.60 output per million tokens (median across 11 API providers); Qwen3 235B-A22B costs $0.70 input / $2.80 output per million tokens (official Alibaba API price). At a typical mix of three input tokens to one output token, that is $0.15 per million tokens for Mistral Small 3.2 versus $1.18 for DeepSeek-R1 (7.8× as much) and $1.23 for Qwen3 235B-A22B (8.2× as much).

Which scores higher on benchmarks?

Qwen3 235B-A22B scores higher on the Capabilities Index (ECI): Qwen3 235B-A22B 139.4 (#103 of 148), DeepSeek-R1 139.0 (#104 of 148) and Mistral Small 3.2 131.7 (#123 of 148). The confidence ranges of the top two overlap (135.2–140.8 vs 136.2–140.4), so treat the gap as small. On individual benchmarks: GPQA Diamond — DeepSeek-R1 71.7%, Qwen3 235B-A22B 70.7%, Mistral Small 3.2 49.1%.

Which is better for coding?

There are no published SWE-bench Verified results for DeepSeek-R1, Mistral Small 3.2 and Qwen3 235B-A22B yet, so there is no like-for-like coding score. On overall capability, Qwen3 235B-A22B leads, which tends to carry over to coding, but test on your own codebase. All three support tool calling for agent workflows.

Which has the bigger context window?

Qwen3 235B-A22B has the largest context window at 131,072 tokens, against 128,000 for DeepSeek-R1 and 128,000 for Mistral Small 3.2. Maximum output per response: DeepSeek-R1 up to 32,768, Mistral Small 3.2 up to 16,384, Qwen3 235B-A22B up to 16,384 tokens.

Which can read images, PDFs, audio or video?

DeepSeek-R1 accepts text; Mistral Small 3.2 accepts text and images; Qwen3 235B-A22B accepts text. Mistral Small 3.2 handles the widest range of inputs.

Are any of these open source?

Yes, all three publish their weights, so you can self-host them.

Which is newer?

Mistral Small 3.2 is the newest, released Jun 20, 2025. Qwen3 235B-A22B came out Apr 28, 2025; DeepSeek-R1 came out Jan 20, 2025. Knowledge cutoff: DeepSeek-R1 Jul 2024, Mistral Small 3.2 Mar 2025, Qwen3 235B-A22B Apr 2025.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Oct 4, 2026.