DeepSeek V4 vs GPT-4o mini

Benchmarks, API pricing and specs, head to head. Data updated 2026-06-10.

DeepSeek V4

DeepSeek · Mar 2026

The open-weights shock of 2026: ~81% SWE-bench Verified, a 1M context and MIT license at $0.30/$0.50 per million tokens.

GPT-4o mini

OpenAI · Jul 2024

The 2024 budget classic that defined the cheap-LLM tier; GPT-5 nano and mini have since taken its crown.

The verdict

These two models don't yet share verified results on the benchmarks we track, so judge them on specs, pricing and intended use. GPT-4o mini is about 1.3x cheaper per blended million tokens (3:1 input:output mix). DeepSeek V4 also takes 1M of context versus 128K for GPT-4o mini. And DeepSeek V4 is open-weights (MIT), so it can be self-hosted — a structural advantage if data control or vendor independence matters.

Specs & pricing

DeepSeek V4GPT-4o mini
modhub Index
Input price / 1M$0.3$0.15
Output price / 1M$0.5$0.6
Context window1M128K
Max output64K16K
Open weightsyes (MIT)no
Reasoning modelyesno
Multimodal inputtexttext, image
Knowledge cutoffDec 2025Oct 2023
ReleasedMar 2026Jul 2024
Example monthly cost*$3.75$2.40

* 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 V4 or GPT-4o mini?
These two models don't yet share verified results on the benchmarks we track, so judge them on specs, pricing and intended use. GPT-4o mini is about 1.3x cheaper per blended million tokens (3:1 input:output mix). DeepSeek V4 also takes 1M of context versus 128K for GPT-4o mini. And DeepSeek V4 is open-weights (MIT), so it can be self-hosted — a structural advantage if data control or vendor independence matters.
Which is cheaper, DeepSeek V4 or GPT-4o mini?
DeepSeek V4 costs $0.3/$0.5 per million input/output tokens, while GPT-4o mini costs $0.15/$0.6. For a typical workload of 10M input and 1.5M output tokens per month, that's $3.75 versus $2.40.
Which model is better for coding, DeepSeek V4 or GPT-4o mini?
We don't yet track SWE-bench Verified results for both models; check their individual pages for coding-related scores.

More comparisons