Despite significant evolution of CUDA programming and domain-specific libraries, effectively utilizing GPUs with massively parallel engines remains difficult. Large language models (LLMs) show strong potential in generating optimized CUDA code from sequential code. However, using LLMs in practice faces two major challenges: cloud-based APIs pose risks of code leakage, and local deployment is often computationally expensive and inefficient. These drawbacks have spurred interest in small language models (SLMs), which are more lightweight and privacy-friendly. Encouragingly, recent studies show that SLMs can achieve performance comparable to LLMs on specific tasks. While SLMs can match LLMs on domain-specific tasks, their limited reasoning abilities lead to suboptimal performance in complex CUDA generation according to our experiments. To bridge this gap, we propose ReGraphT, a training-free, retrieval-augmented generation framework that transfers LLM-level reasoning to smaller models. ReGraphT organizes CUDA optimization trajectories into a structured reasoning graph, modeling the combined CUDA optimizations as state transitions, and leverages Monte Carlo Graph Search (MCGS) for efficient exploration. We also present a CUDA-specific benchmark with difficulty tiers defined by reasoning complexity to evaluate models more comprehensively. Experiments show that ReGraphT outperforms HPC-specific fine-tuned models and other retrieval-augmented approaches, achieving an average 2.33X speedup on CUDAEval and ParEval. When paired with DeepSeek-Coder-V2-Lite-Instruct and Qwen2.5-Coder-7B-Instruct, ReGraphT enables SLMs to approach LLM-level performance without the associated privacy risks or excessive computing overhead.