DeepSeek V3.2 vs GLM-5
Benchmarks, API pricing and specs, head to head. Data updated 2026-06-10.
DeepSeek V3.2
68.4DeepSeek · Sep 2025
The sparse-attention release that halved DeepSeek's already-lowest-in-class prices while keeping GPT-class quality.
GLM-5
Z.ai (Zhipu) · Feb 2026
Z.ai's 744B open-weights MoE — within ~4 points of Opus 4.6 on SWE-bench Verified at $1/$3.20 per million tokens.
The verdict
GLM-5 wins 1 of the 1 benchmarks these models share, against 0 for DeepSeek V3.2. On price the gap is dramatic: DeepSeek V3.2 works out roughly 4.9x cheaper per blended million tokens. GLM-5 also takes 200K of context versus 128K for DeepSeek V3.2.
Benchmark head-to-head 0–1
Specs & pricing
| DeepSeek V3.2 | GLM-5 | |
|---|---|---|
| modhub Index | 68.4 | — |
| Input price / 1M | $0.28 | $1 |
| Output price / 1M | $0.42 | $3.2 |
| Context window | 128K | 200K |
| Max output | 64K | 128K |
| Open weights | yes (MIT) | yes (MIT) |
| Reasoning model | yes | yes |
| Multimodal input | text | text |
| Knowledge cutoff | Jul 2025 | Dec 2025 |
| Released | Sep 2025 | Feb 2026 |
| Example monthly cost* | $3.43 | $14.80 |
* 10M input + 1.5M output tokens per month at list prices, no caching. Green = better value on that row.
Frequently asked questions
- Which is better, DeepSeek V3.2 or GLM-5?
- GLM-5 wins 1 of the 1 benchmarks these models share, against 0 for DeepSeek V3.2. On price the gap is dramatic: DeepSeek V3.2 works out roughly 4.9x cheaper per blended million tokens. GLM-5 also takes 200K of context versus 128K for DeepSeek V3.2.
- Which is cheaper, DeepSeek V3.2 or GLM-5?
- DeepSeek V3.2 costs $0.28/$0.42 per million input/output tokens, while GLM-5 costs $1/$3.2. For a typical workload of 10M input and 1.5M output tokens per month, that's $3.43 versus $14.80.
- Which model is better for coding, DeepSeek V3.2 or GLM-5?
- On SWE-bench Verified — the standard agentic-coding benchmark — GLM-5 scores ~77.8% versus 67.8% for DeepSeek V3.2, making GLM-5 the stronger pick for coding agents.