API cost decision in 10 seconds

🔥DeepSeek V4 Flash 0423 vs DeepSeek V4 Flash Latest

Pick DeepSeek V4 Flash 0423 for lower cost; pick DeepSeek V4 Flash Latest only if the larger context window matters more.

Page updated:  Data confirmed:  Prices normalized to USD per 1M tokens Sample workload: 1M input + 500K output

Budget verdict

Pick DeepSeek V4 Flash 0423 for lower cost; pick DeepSeek V4 Flash Latest only if the larger context window matters more.

On the standard 1M input plus 500K output workload, DeepSeek V4 Flash 0423 is estimated at $0.1 vs $0.11 for DeepSeek V4 Flash Latest, saving $0.0073 (6.9% lower).

Cost-first pickDeepSeek V4 Flash 0423
Context-first pickDeepSeek V4 Flash Latest
Sample savings$0.00736.9%
10x traffic gap$0.07

DeepSeek V4 Flash Latest has more context, but DeepSeek V4 Flash 0423 saves $0.0073 on the standard workload. At 10x that traffic, the same price gap is about $0.07. Use the calculator below to replace the sample workload with your own token volume.

Cost sensitivity

Workload Sensitivity

Same prices, different token mixes.

Cost winner changes by workload shape: input-heavy / RAG favors DeepSeek V4 Flash Latest, balanced workload favors DeepSeek V4 Flash 0423, and output-heavy chatbot favors DeepSeek V4 Flash 0423.

Workload shapeToken mixBetter pickDeepSeek V4 Flash 0423DeepSeek V4 Flash Latest
Input-heavy / RAG5M input + 500K outputDeepSeek V4 Flash Latest$0.29$0.27
Balanced workload1M input + 1M outputDeepSeek V4 Flash 0423$0.15$0.17
Output-heavy chatbot1M input + 5M outputDeepSeek V4 Flash 0423$0.54$0.69
Cheaper input DeepSeek V4 Flash Latest $0.0489 vs $0.04 / 1M

DeepSeek V4 Flash Latest is $0.0089 cheaper per 1M input tokens (18.2% lower; 1.22x difference).

Cheaper output DeepSeek V4 Flash 0423 $0.0977 vs $0.13 / 1M

DeepSeek V4 Flash 0423 is $0.03 cheaper per 1M output tokens (24.8% lower; 1.33x difference).

Larger context DeepSeek V4 Flash Latest 1.05M vs 1.31M

DeepSeek V4 Flash Latest has 262.14K more context (1.25x larger).

Sample workload DeepSeek V4 Flash 0423 $0.1 vs $0.11

DeepSeek V4 Flash 0423 is $0.0073 cheaper on the standard workload (6.9% lower).

Estimate your workload cost

Your Workload Cost

Prices are normalized to USD per 1M tokens.
DeepSeek V4 Flash 0423 Calculating… Estimated API cost
DeepSeek V4 Flash Latest Calculating… Estimated API cost
Cheaper for this workload Calculating… Difference: calculating…

This estimate uses normalized public API pricing per 1M tokens. It is a planning aid, not a billing quote. Verify provider pricing, limits, and terms before production use.

Quick Decision

Verdict

DeepSeek V4 Flash Latest has the lower input price; DeepSeek V4 Flash 0423 has the lower output price; DeepSeek V4 Flash Latest offers the larger context window. For the 1M input plus 500K output sample, DeepSeek V4 Flash 0423 is cheaper for the standard workload.

For a 1M input token plus 500K output token workload, the estimated API cost is $0.1 for DeepSeek V4 Flash 0423 and $0.11 for DeepSeek V4 Flash Latest.

Best Fit

Choose DeepSeek V4 Flash 0423 when you care most about lower output-token price.

Choose DeepSeek V4 Flash Latest when you care most about lower input-token price, and larger context window.

Decision Notes
  • On the standard 1M input plus 500K output workload, DeepSeek V4 Flash 0423 is estimated at $0.1 vs $0.11 for DeepSeek V4 Flash Latest, saving $0.0073 (6.9% lower).
  • DeepSeek V4 Flash 0423 is $0.0073 cheaper on the standard workload (6.9% lower).
  • DeepSeek V4 Flash Latest is $0.0089 cheaper per 1M input tokens (18.2% lower; 1.22x difference).
  • DeepSeek V4 Flash 0423 is $0.03 cheaper per 1M output tokens (24.8% lower; 1.33x difference).
  • DeepSeek V4 Flash Latest has 262.14K more context (1.25x larger).
Head-to-Head Specs
Feature🔥DeepSeek V4 Flash 0423
(DeepSeek)
DeepSeek V4 Flash Latest
(deepseek)
Input Price
prompt tokens per 1M
$0.0489$0.04
Completion Price
per 1M tokens
$0.0977$0.13
Sample Workload Cost
1M input + 500K output
$0.1$0.11
Context Window1.05M1.31M
Release Date
Popularity#5

Use-Case Decision Matrix

Use caseBetter pickWhy
Budget-constrained productionDeepSeek V4 Flash 0423On the standard 1M input plus 500K output workload, DeepSeek V4 Flash 0423 is estimated at $0.1 vs $0.11 for DeepSeek V4 Flash Latest, saving $0.0073 (6.9% lower).
High-volume input processingDeepSeek V4 Flash LatestLower prompt-token price matters most when prompts, retrieved passages, or documents dominate the bill.
Long responses and chatbotsDeepSeek V4 Flash 0423Lower output-token price matters most when assistants generate many completion tokens.
RAG or long-document workDeepSeek V4 Flash LatestA larger context window leaves more room for retrieved passages, conversation history, or source files.

Related Alternatives

Same-provider lower-cost swaps
Larger context near this budget
  • No larger-context model is currently tracked within a close sample-cost band.

Cheaper alternatives

Review low-cost models sorted by a standard 1M input plus 500K output workload.

Open cheapest models

Larger context alternatives

Find models with larger context windows for RAG, long documents, and codebase review.

Open largest context models

Provider catalogs

Compare models within provider hubs before choosing a final API vendor.

Open provider hubs

DeepSeek catalog

Review all tracked DeepSeek models before deciding whether this matchup is the right shortlist.

Open DeepSeek models
DeepSeek V4 Flash 0423

DeepSeek V4 Flash is an efficiency-optimized Mixture-of-Experts model from DeepSeek with 284B total parameters and 13B activated parameters, supporting a 1M-token context window. It is designed for fast inference and...

DeepSeek V4 Flash Latest

This model always redirects to the latest model in the DeepSeek V4 Flash family.