DeepSeek V3.2 Exp is $0.48 cheaper per 1M input tokens (64% lower; 2.78x difference).
API cost decision in 10 seconds
GPT-5.4 Mini vs DeepSeek V3.2 Exp
Pick DeepSeek V3.2 Exp for lower cost; pick GPT-5.4 Mini 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 V3.2 Exp for lower cost; pick GPT-5.4 Mini only if the larger context window matters more.
On the standard 1M input plus 500K output workload, DeepSeek V3.2 Exp is estimated at $0.47 vs $3 for GPT-5.4 Mini, saving $2.52 (84.2% lower).
Cost-first pickDeepSeek V3.2 Exp
Context-first pickGPT-5.4 Mini
Sample savings$2.5284.2%
10x traffic gap$25.25
GPT-5.4 Mini has more context, but DeepSeek V3.2 Exp saves $2.52 on the standard workload. At 10x that traffic, the same price gap is about $25.25. Use the calculator below to replace the sample workload with your own token volume.
Cost sensitivity
Workload Sensitivity
DeepSeek V3.2 Exp stays cheaper across input-heavy, balanced, and output-heavy sample workloads.
| Workload shape | Token mix | Better pick | GPT-5.4 Mini | DeepSeek V3.2 Exp |
|---|---|---|---|---|
| Input-heavy / RAG | 5M input + 500K output | DeepSeek V3.2 Exp | $6 | $1.56 |
| Balanced workload | 1M input + 1M output | DeepSeek V3.2 Exp | $5.25 | $0.68 |
| Output-heavy chatbot | 1M input + 5M output | DeepSeek V3.2 Exp | $23.25 | $2.32 |
DeepSeek V3.2 Exp is $4.09 cheaper per 1M output tokens (90.9% lower; 11x difference).
GPT-5.4 Mini has 236.16K more context (2.44x larger).
DeepSeek V3.2 Exp is $2.52 cheaper on the standard workload (84.2% lower).
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 Exp has the lower input price; DeepSeek V3.2 Exp has the lower output price; GPT-5.4 Mini offers the larger context window. For the 1M input plus 500K output sample, DeepSeek V3.2 Exp is cheaper for the standard workload.
For a 1M input token plus 500K output token workload, the estimated API cost is $3 for GPT-5.4 Mini and $0.47 for DeepSeek V3.2 Exp.
Choose GPT-5.4 Mini when you care most about larger context window.
Choose DeepSeek V3.2 Exp when you care most about lower input-token price, and lower output-token price.
- On the standard 1M input plus 500K output workload, DeepSeek V3.2 Exp is estimated at $0.47 vs $3 for GPT-5.4 Mini, saving $2.52 (84.2% lower).
- DeepSeek V3.2 Exp is $2.52 cheaper on the standard workload (84.2% lower).
- DeepSeek V3.2 Exp is $0.48 cheaper per 1M input tokens (64% lower; 2.78x difference).
- DeepSeek V3.2 Exp is $4.09 cheaper per 1M output tokens (90.9% lower; 11x difference).
- GPT-5.4 Mini has 236.16K more context (2.44x larger).
| Feature | GPT-5.4 Mini (OpenAI) | DeepSeek V3.2 Exp (DeepSeek) |
|---|---|---|
| Input Price prompt tokens per 1M | $0.75 | $0.27 |
| Completion Price per 1M tokens | $4.5 | $0.41 |
| Sample Workload Cost 1M input + 500K output | $3 | $0.47 |
| Context Window | 400K | 163.84K |
| Release Date | ||
| Popularity | #31 | #98 |
Use-Case Decision Matrix
| Use case | Better pick | Why |
|---|---|---|
| Budget-constrained production | DeepSeek V3.2 Exp | On the standard 1M input plus 500K output workload, DeepSeek V3.2 Exp is estimated at $0.47 vs $3 for GPT-5.4 Mini, saving $2.52 (84.2% lower). |
| High-volume input processing | DeepSeek V3.2 Exp | Lower prompt-token price matters most when prompts, retrieved passages, or documents dominate the bill. |
| Long responses and chatbots | DeepSeek V3.2 Exp | Lower output-token price matters most when assistants generate many completion tokens. |
| RAG or long-document work | GPT-5.4 Mini | A larger context window leaves more room for retrieved passages, conversation history, or source files. |
Related Alternatives
- gpt-oss-120b (free) can replace GPT-5.4 Mini when lower sample workload cost matters most: $0.
- gpt-oss-20b (free) can replace GPT-5.4 Mini when lower sample workload cost matters most: $0.
- gpt-oss-20b can replace GPT-5.4 Mini when lower sample workload cost matters most: $0.1.
- gpt-oss-120b can replace GPT-5.4 Mini when lower sample workload cost matters most: $0.13.
- Llama 4 Scout offers 10M context with $0.23 sample workload cost.
- Grok 4.20 offers 2M context with $2.5 sample workload cost.
- Owl Alpha offers 1.05M context with $0 sample workload cost.
- DeepSeek V4 Flash offers 1.05M context with $0.2 sample workload cost.
- DeepSeek V4 Flash · DeepSeek · #1
- Hy3 preview · Tencent · #2
- Claude Opus 4.7 · Anthropic · #3
- Claude Sonnet 4.6 · Anthropic · #4
Cheaper alternatives
Review low-cost models sorted by a standard 1M input plus 500K output workload.
Open cheapest modelsLarger context alternatives
Find models with larger context windows for RAG, long documents, and codebase review.
Open largest context modelsProvider catalogs
Compare models within provider hubs before choosing a final API vendor.
Open provider hubsOpenAI catalog
Review all tracked OpenAI models before deciding whether this matchup is the right shortlist.
Open OpenAI modelsDeepSeek catalog
Check other DeepSeek models with comparable pricing, context, or release timing.
Open DeepSeek modelsGPT-5.4 mini brings the core capabilities of GPT-5.4 to a faster, more efficient model optimized for high-throughput workloads. It supports text and image inputs with strong performance across reasoning, coding,...
DeepSeek-V3.2-Exp is an experimental large language model released by DeepSeek as an intermediate step between V3.1 and future architectures. It introduces DeepSeek Sparse Attention (DSA), a fine-grained sparse attention mechanism...