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DeepSeek V3.2 vs o4 Mini

List-price comparison · DeepSeek V3.2 details · o4 Mini details

For a typical workload (100,000 requests / mo), DeepSeek V3.2 costs 87% less $41.18/mo vs $308.00/mo.

 DeepSeek V3.2o4 Mini
Input / 1M tokens$0.229$1.10
Output / 1M tokens$0.343$4.40
Typical request (1,200 in + 400 out)$0.0004$0.0031
Context window131,072 tokens200k tokens
Max output64k tokens100k tokens
TierBalancedBalanced
ProviderDeepSeekOpenAI

Projected monthly cost

Rows open both models in the calculator — adjust volume and token counts there.

DeepSeek V3.2

Extremely competitive coding and reasoning benchmarks at a fraction of commercial-API pricing — strong default for cost-sensitive batch workloads.

Open-weight hosting means latency and uptime vary by inference provider (DeepInfra, Fireworks, etc.) — pin a provider or add fallbacks for production SLAs.

o4 Mini

Auto-synced from OpenRouter — no editorial write-up yet.

More comparisons

Vendor list rates · per-request examples assume 1,200 input + 400 output tokens.