DeepSeek V4 vs GPT-5 mini

DeepSeek V4 is cheaper on input ($0.40 vs $0.45 per 1M tokens), DeepSeek V4 has the larger context window (256K).

SpecDeepSeek V4GPT-5 mini
ProviderDeepSeekOpenAI
ModalityTextText + Vision
Context window256Kbest128K
Input / 1M$0.40best$0.45
Output / 1M$1.20best$1.80
ReleasedJan 2026Jan 2026
Best forCode generation, Chat / Assistant, High-volume / cheapChat / Assistant, High-volume / cheap, Image / Vision

FAQ

Is DeepSeek V4 cheaper than GPT-5 mini?
DeepSeek V4 is cheaper, at $0.40 per 1M input tokens versus $0.45.
Which has the larger context window, DeepSeek V4 or GPT-5 mini?
DeepSeek V4 has the larger context window at 256K tokens.

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