API cost decision in 10 seconds
GPT-5.4 Image 2 vs 🔥DeepSeek V3.2
Pick DeepSeek V3.2 for lower cost; pick GPT-5.4 Image 2 only if the larger context window matters more.
Pricing data updated:
Prices normalized to USD per 1M tokens
Sample workload: 1M input + 500K output
Budget verdict
Pick DeepSeek V3.2 for lower cost; pick GPT-5.4 Image 2 only if the larger context window matters more.
On the standard 1M input plus 500K output workload, DeepSeek V3.2 is estimated at $0.44 vs $15.5 for GPT-5.4 Image 2, saving $15.06 (97.2% lower).
Cost-first pickDeepSeek V3.2
Context-first pickGPT-5.4 Image 2
Sample savings$15.0697.2%
10x traffic gap$150.59
GPT-5.4 Image 2 has more context, but DeepSeek V3.2 saves $15.06 on the standard workload. At 10x that traffic, the same price gap is about $150.59. Use the calculator below to replace the sample workload with your own token volume.
Cost sensitivity
Workload Sensitivity
DeepSeek V3.2 stays cheaper across input-heavy, balanced, and output-heavy sample workloads.
| Workload shape | Token mix | Better pick | GPT-5.4 Image 2 | DeepSeek V3.2 |
|---|---|---|---|---|
| Input-heavy / RAG | 5M input + 500K output | DeepSeek V3.2 | $47.5 | $1.45 |
| Balanced workload | 1M input + 1M output | DeepSeek V3.2 | $23 | $0.63 |
| Output-heavy chatbot | 1M input + 5M output | DeepSeek V3.2 | $83 | $2.14 |
Estimate your workload cost
Your Workload Cost
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
DeepSeek V3.2 has the lower input price, DeepSeek V3.2 has the lower output price, and GPT-5.4 Image 2 offers the larger context window.
For a 1M input token plus 500K output token workload, the estimated API cost is $15.5 for GPT-5.4 Image 2 and $0.44 for DeepSeek V3.2.
Choose GPT-5.4 Image 2 when you care most about larger context window.
Choose DeepSeek V3.2 when you care most about lower input-token price, and lower output-token price.
| Feature | GPT-5.4 Image 2 (OpenAI) | 🔥DeepSeek V3.2 (DeepSeek) |
|---|---|---|
| Input Price prompt tokens per 1M | $8 | $0.25 |
| Completion Price per 1M tokens | $15 | $0.38 |
| Sample Workload Cost 1M input + 500K output | $15.5 | $0.44 |
| Context Window | 272K | 131.07K |
| Release Date | 2026-04-21 | 2025-12-01 |
| Popularity | #8 |
[GPT-5.4](https://openrouter.ai/openai/gpt-5.4) Image 2 combines OpenAI's GPT-5.4 model with state-of-the-art image generation capabilities from GPT Image 2. It enables rich multimodal workflows, allowing users to seamlessly move between reasoning, coding, and...
DeepSeek-V3.2 is a large language model designed to harmonize high computational efficiency with strong reasoning and agentic tool-use performance. It introduces DeepSeek Sparse Attention (DSA), a fine-grained sparse attention mechanism...
Use-Case Decision Matrix
| Use case | Better pick | Why |
|---|---|---|
| Budget-constrained production | DeepSeek V3.2 | On the standard 1M input plus 500K output workload, DeepSeek V3.2 is estimated at $0.44 vs $15.5 for GPT-5.4 Image 2, saving $15.06 (97.2% lower). |
| High-volume input processing | DeepSeek V3.2 | Lower prompt-token price matters most when prompts or retrieved passages dominate the bill. |
| Long responses and chatbots | DeepSeek V3.2 | Lower output-token price matters most when assistants generate many completion tokens. |
| RAG or long-document work | GPT-5.4 Image 2 | A larger context window leaves more room for retrieved passages and source files. |