DeepSeek V3.2 (Reasoning) API Pricing

DeepSeek · released 2025-12-01

Also searched as: DeepSeek V3.2 pricing

DeepSeek V3.2 (Reasoning) price

$0.28
input / 1M tokens
0.028¢ / 1K
$0.42
output / 1M tokens
0.042¢ / 1K
$0.315
blended / 1M tokens
0.032¢ / 1K

What it actually costs

WorkloadTokensCost
Short chat reply500 in / 300 out0.0266¢
RAG query4,000 in / 500 out0.133¢
Long document summary50,000 in / 1,000 out$0.0144
Code review of a 2k-line file30,000 in / 2,000 out0.924¢
1,000 chat replies/day for 30 days30,000 × (500 in / 300 out)$7.98

Cost = (input tokens ÷ 1,000,000 × $0.28) + (output tokens ÷ 1,000,000 × $0.42).

Benchmarks

21.5
Intelligence
#128 of 547
44.2
Coding
#81 of 195
92.0
Math
#16 of 249
—
Tokens/sec
—
Time to first token

Similar intelligence, lower price

ModelIntelligenceBlended $/1M
Hy3-preview (Reasoning)22.7$0.10
Ling-3.0-flash-Fin22.6$0.111
Ling 3.0 Flash20.1$0.111
DeepSeek V4 Flash 0420 (High)24.4$0.142
MiMo-V2-Flash (Reasoning)20.8$0.15

Leaderboard neighbours

ModelIntelligenceBlended $/1M
MiMo-V2.521.8$0.175
KAT Coder Pro V221.7$0.525
A.X-K221.5—
DeepSeek V3.2 (Reasoning)21.5$0.315
Qwen3.5 397B A17B (Non-reasoning)21.4$1.35
Qwen3.6 27B (Reasoning)21.4$1.35
Qwen3 Max Thinking21.3—

More from DeepSeek

ModelIntelligenceBlended $/1M
DeepSeek V4.1 Flash (Max)39.5$0.525
DeepSeek V4 Pro 0813 (Max)36.0$1.98
DeepSeek V4 Flash Vision (Max)34.8$0.66
DeepSeek V4 Flash 0731 (Max)34.3$0.66
DeepSeek V4 Pro 0424 (Max)30.4$0.544
DeepSeek V4 Flash 0420 (High)24.4$0.142
DeepSeek V3.2 Exp (Reasoning)16.6$0.315
DeepSeek V3.2 (Non-reasoning)16.0$0.315

Count tokens & estimate cost for DeepSeek V3.2 (Reasoning) See DeepSeek V3.2 (Reasoning) on the leaderboard

Source: Artificial Analysis · last synced 2026-10-15

FAQ

Who develops DeepSeek V3.2 (Reasoning)?

DeepSeek V3.2 (Reasoning) is developed by DeepSeek, released 2025-12-01.

How much does DeepSeek V3.2 (Reasoning) cost per million tokens?

DeepSeek V3.2 (Reasoning) costs $0.28 per 1M input tokens and $0.42 per 1M output tokens ($0.315 blended), per Artificial Analysis's official pricing data.

What is the DeepSeek V3.2 (Reasoning) API price?

The DeepSeek V3.2 (Reasoning) API price is $0.28 per 1M input tokens and $0.42 per 1M output tokens ($0.315 per 1M blended).

How much does DeepSeek V3.2 (Reasoning) cost for a typical request?

A short chat reply (500 in / 300 out tokens) costs about 0.0266¢ on DeepSeek V3.2 (Reasoning), at $0.28/1M input and $0.42/1M output.

Is DeepSeek V3.2 (Reasoning) free?

DeepSeek V3.2 (Reasoning)'s official API list price is $0.28 per 1M input tokens and $0.42 per 1M output tokens. This site tracks list prices only, not free tiers or trial credits — check DeepSeek's site for those.

How does DeepSeek V3.2 (Reasoning) rank on benchmarks?

DeepSeek V3.2 (Reasoning) scores 21.5 on the Artificial Analysis Intelligence Index, ranking #128 of 547 models we track.

Is there a cheaper model with similar intelligence to DeepSeek V3.2 (Reasoning)?

Yes — Hy3-preview (Reasoning) scores similar intelligence (22.7) at $0.10/1M blended, versus $0.315/1M for DeepSeek V3.2 (Reasoning).

Where does this data come from?

Pricing and benchmark data for DeepSeek V3.2 (Reasoning) comes from Artificial Analysis (artificialanalysis.ai), synced daily. Last synced 2026-10-15.