open-source

Deepseek V3 vs Deepseek V3.2

Side-by-side pricing, context window, features, and per-use-case verdict. Data sourced from LiteLLM, updated regularly.

Specifications

Feature Deepseek V3 Deepseek V3.2
Provider deepseek deepseek
Model ID deepseek/deepseek-v3 deepseek/deepseek-v3.2
Input / 1M tokens $0.27 (4% cheaper) $0.28
Output / 1M tokens $1.10 $0.40 (64% cheaper)
Cached input / 1M $0.07
Context window 66kk tokens 164kk tokens
Max output 8kk tokens 164kk tokens
Vision
Function calling
Prompt caching
Web search
JSON schema

Monthly cost comparison

No cache discount applied — pure token costs at three usage scales.

Scale Deepseek V3 Deepseek V3.2 Winner
Small
1M in / 0.2M out
$0.49 $0.36 Deepseek V3.2 saves 27%
Medium
10M in / 2M out
$4.90 $3.60 Deepseek V3.2 saves 27%
Large
100M in / 20M out
$49.00 $36.00 Deepseek V3.2 saves 27%

Category winners

Cheapest input
Deepseek V3
$0.27/M · 4% less than the other
Cheapest output
Deepseek V3.2
$0.40/M · 64% less than the other
Larger context
Deepseek V3.2
164kk tokens · 150% larger window
More features
Deepseek V3
2 / 5 capabilities (tied)

Better for…

High-volume RAG & repeated context
$0.07/M cached input — prompt caching makes repeated context retrieval significantly cheaper
Deepseek V3
Short interactions & high-throughput APIs
$0.40/M output — 64% cheaper on output at scale
Deepseek V3.2
Long-document processing & large codebases
164k context window vs 66k — 150% larger context
Deepseek V3.2
Cost-sensitive production at scale
$36.00/month at 100M-token scale — 27% cheaper than the alternative
Deepseek V3.2

Deep-dive on each model

Pricing data sourced from LiteLLM and refreshed regularly. Always verify with each provider's official pricing page before making business decisions.