LLM Comparison

DeepSeek V3.2 vs DeepSeek V4 Flash 0731

Side-by-side specs, pricing & capabilities · Updated August 2026

Price vs Intelligence

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2/6 models

Same tier:

	DeepSeek V3.2	DeepSeek V4 Flash 0731
Organization	DeepSeek	DeepSeek
OpenTools Score	53 157	46 219
Family	DeepSeek	DeepSeek V4 Flash
Status	Current	Current
Release Date	Dec 2025	Jul 2026
Context Window	164K tokens	1.0M tokens
Input Price	$0.26/M tokens	$0.14/M tokens
Output Price	$0.42/M tokens	$0.28/M tokens
Pricing Notes	Cache read: $0.1350/M tokens	DeepSeek API pricing lists $0.0028 cache-hit input, $0.14 cache-miss input, and $0.28 output per 1M tokens for deepseek-v4-flash; peak pricing may change after a future official announcement.
Capabilities	textcode	reasoningcodingtool-usestructured-outputlong-contextresponses-api
Max Output	164K tokens	393K tokens
API Identifier	`deepseek/deepseek-v3.2`	`deepseek-v4-flash`
Benchmarks
MMLU-Pro	85deepseek	—
GPQA Diamond	82.4deepseek	—
AIME 2025	93.1deepseek	—
LiveCodeBench	83.3deepseek	—
SWE-bench Verified	73.1deepseek	—
HLE	25.1deepseek	—
BrowseComp	51.4deepseek	—
Artificial Analysis Intelligence Index v4.1	—	50artificial-analysis
Artificial Analysis Intelligence Index v4.1.1	—	52artificial-analysis
	View DeepSeek V3.2	View DeepSeek V4 Flash 0731

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Output tokens / month

Model	Input	Output	Total / mo	vs Best
DeepSeek V4 Flash 0731Cheapest	$0.14	$0.14	$0.28	—
DeepSeek V3.2	$0.26	$0.21	$0.47	+67%

DeepSeek

DeepSeek V3.2

DeepSeek V3.2 is a large language model from DeepSeek. Supports up to 163,840 token context window. Achieves 87.1% on MMLU. Available from $0.26/M input tokens.

DeepSeek

DeepSeek V4 Flash 0731

DeepSeek V4 Flash 0731 is an open-weight, cost-efficient reasoning model for long-context coding, agent tasks, and API workflows through DeepSeek.