Skip to content

DeepSeek V3.2 vs o4 Mini

DeepSeek V3.2

DeepSeek

81#69
vs
o4 Mini

OpenAI

81#68
Signal-by-Signal Comparison
SignalDeepSeek V3.2Deltao4 Mini
Capabilities
67
-33
100
Benchmarks
83
-1
85
Pricing
100
+4
96
Context window size
83
-1
84
Recency
89
+42
47
Output Capacity
80
-3
83
Overall Result
2 wins
of 6
4 wins
o4 Mini wins 4 of 6 signals

Score History

Score History (24 data points)
DeepSeek V3.2o4 Mini
DeepSeek V3.2

81.3

current score

Leader

o4 Mini

right now

o4 Mini

81.4

current score

LMMarketCap.com
Interactive Price Comparison
100Kcalls/month
1,000tokens (~1,333 chars)
500tokens (~667 chars)

DeepSeek V3.2

DeepSeek

Best Value
Per request$0.000469
Daily$1.56
Monthly$46.90
Annual$562.80

o4 Mini

OpenAI

Per request$0.003300
Daily$11.00
Monthly$330.00
Annual$3960.00

DeepSeek V3.2 saves you $283.10/month

That's $3397.20/year compared to o4 Mini at your current usage level of 100K calls/month.

86% cheaper
Choose DeepSeek V3.2 for cost optimization

DeepSeek V3.2 pricing:
Input:$0.27/M tokens
Output:$0.40/M tokens
o4 Mini pricing:
Input:$1.10/M tokens
Output:$4.40/M tokens
DeepSeek V3.2

DeepSeek

81

Composite Score

Winner
o4 Mini

OpenAI

81

Composite Score

Signal-by-Signal Comparison
MetricDeepSeek V3.2o4 MiniWinner
Overall Score
81
81
o4 Mini
Rank#69#68
o4 Mini
Quality Rank#69#68
o4 Mini
Adoption Rank#69#68
o4 Mini
Parameters------
Context Window164K200K
o4 Mini
Pricing$0.27/$0.40/M$1.10/$4.40/M--
Signal Scores
Capabilities
67
100
o4 Mini
Benchmarks
83
85
o4 Mini
Pricing
100
96
DeepSeek V3.2
Context window size
83
84
o4 Mini
Recency
89
47
DeepSeek V3.2
Output Capacity
80
83
o4 Mini
Benchmark Head-to-Head(12 benchmarks)
DeepSeek V3.2: 4o4 Mini: 0
DeepSeek V3.2
o4 Mini
Normalized 0-100%
MMLU
88.5%-
MMLU-Pro
85%83%
GPQA Diamond
85.7%81.4%
MATH-500
-97.3%
HumanEval
-95%
SWE-bench Verified
70%68.1%
AIME 2024
-93.4%
IFEval
-90%
BBH
-90.5%
Arena Elo
14251380
LiveBench
-72%
HLE
-18.08%
Benchmark Interpretation

Our score (0-100) is driven by benchmark performance (90%) from Arena Elo ratings, MMLU, GPQA, HumanEval, SWE-bench, and 15+ standardized evaluations. Capabilities and context window serve as tiebreakers (10%). Learn more about our methodology.

DeepSeek V3.2Strong Performer

Scores 81/100 (rank #69), placing it in the top 77% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100
o4 MiniStrong Performer

Scores 81/100 (rank #68), placing it in the top 77% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100

With only a 0-point gap, these models are in the same performance tier. The practical difference in output quality is minimal - your choice should depend on pricing, latency requirements, and specific feature needs.

When to Use Each Model

Choose DeepSeek V3.2 when you need:

  • High-volume production workloads where API costs must be minimized
  • Step-by-step reasoning and chain-of-thought problem solving
  • Self-hosted deployments where you need full control over the model

Choose o4 Mini when you need:

  • Multimodal workflows that require image understanding
  • Step-by-step reasoning and chain-of-thought problem solving
Cost-Performance Analysis
DeepSeek V3.2Best Value
Input cost$0.27/M tokens
Output cost$0.40/M tokens
Cost per quality point$0.008
Est. monthly (1M tokens/day)$10.03
o4 Mini
Input cost$1.10/M tokens
Output cost$4.40/M tokens
Cost per quality point$0.068
Est. monthly (1M tokens/day)$82.50

DeepSeek V3.2 offers 88% better value per quality point. At 1M tokens/day, you'd spend $10.03/month with DeepSeek V3.2 vs $82.50/month with o4 Mini - a $72.47 monthly difference.

Latency & Speed
DeepSeek V3.2Faster
Speed score0/100
o4 Mini
Speed score0/100

Both models have comparable response speeds. For most applications, the latency difference is negligible.

When latency matters most: Interactive chatbots, IDE code completion, real-time translation, and user-facing applications where response time directly impacts experience. For batch processing, background summarization, or offline analysis, latency is less critical.

Example Use Cases

Code generation & review

Based on overall model capabilities and architecture for coding tasks like generating functions, debugging, and refactoring

DeepSeek V3.2

Customer support chatbot

Suitable for user-facing chat with competitive response times. DeepSeek V3.2 also offers lower per-token costs for high-volume support

DeepSeek V3.2

Long document analysis

Larger context window (200K tokens) can process longer documents, contracts, and research papers in a single pass

o4 Mini

Batch data extraction

Lower output pricing ($0.40/M) reduces costs when processing thousands of records daily

DeepSeek V3.2

Creative writing & content

Higher overall composite score (81/100) correlates with better nuance, coherence, and style in long-form content

o4 Mini

Image understanding & OCR

Supports vision input - can analyze screenshots, diagrams, photos, and scanned documents directly

o4 Mini
Which Should You Choose?
Our recommendation:
o4 Mini

DeepSeek V3.2 and o4 Mini are extremely close in overall performance (only 0.10000000000000853 points apart). Your best choice depends entirely on which specific strengths matter most for your use case.

by DeepSeek

  • Choose for Quality - Marginally better benchmark scores; both are excellent
  • Choose for Cost - 88% lower pricing; better value at scale
  • Choose for Reliability - Higher uptime and faster response speeds
  • Choose for Prototyping - Stronger community support and better developer experience
  • Choose for Production - Wider enterprise adoption and proven at scale
o4 Mini
Recommended

by OpenAI

Consider for specialized use cases.

Capability Comparison
CapabilityDeepSeek V3.2o4 Mini
Vision (Image Input)differs
Function Calling
Streaming
JSON Mode
Reasoning
Web Searchdiffers
Image Output
Monthly Cost Calculator
1,000tokens (600 in / 400 out)
100requests/day (3,000/month)

DeepSeek V3.2

DeepSeek

Best Value
$0.9642
estimated monthly cost

o4 Mini

OpenAI

$7.26
estimated monthly cost

DeepSeek V3.2 saves you $6.30/month

That's 87% cheaper than o4 Mini at 1,000 tokens/request and 100 requests/day.

Assumes 60% input / 40% output token ratio per request. Actual costs may vary based on your usage pattern.

Parameters & Context
ParameterDeepSeek V3.2o4 Mini
Context Window164K200K
Max Output Tokens65,536100,000
Open SourceYesNo
CreatedDec 1, 2025Apr 16, 2025
Last updated: 34m ago

Related comparisons

DeepSeek V3.2 vs o4 Mini (2026) | LM Market Cap