DeepSeek V3.2 Exp (Reasoning) API Pricing

DeepSeek · released 2025-09-29

Pricing

$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

16.6
Intelligence
#157 of 533
Coding
87.7
Math
#35 of 249
Tokens/sec
Time to first token

Similar intelligence, lower price

ModelIntelligenceBlended $/1M
Step 3.5 Flash 260317.0$0.15
Step 3.5 Flash16.6$0.15
Gemma 4 12B (Reasoning)14.2$0.15
Qwen3.5 9B (Reasoning)13.7$0.151
GLM-4.7-Flash (Reasoning)14.9$0.153

Leaderboard neighbours

ModelIntelligenceBlended $/1M
o4-mini (high)16.7$1.925
Claude 4 Opus (Non-reasoning)16.6$30.00
Claude 4 Sonnet (Non-reasoning)16.6
DeepSeek V3.2 Exp (Reasoning)16.6$0.315
Ring-2.6-1T16.6$0.85
Step 3.5 Flash16.6$0.15
Qwen3 Max Thinking (Preview)16.3$2.40

More from DeepSeek

ModelIntelligenceBlended $/1M
DeepSeek V4.1 Flash (Reasoning, Max Effort)39.5$0.525
DeepSeek V4 Pro 0813 (Reasoning, Max Effort)36.0$1.98
DeepSeek V4 Flash Vision (Reasoning, Max Effort)34.8$0.66
DeepSeek V4 Flash 0731 (Reasoning, Max Effort)34.3$0.66
DeepSeek V4 Pro 0424 (Reasoning, Max Effort)30.4$0.544
DeepSeek V4 Flash 0420 (Reasoning, High Effort)26.0$0.168
DeepSeek V3.2 (Reasoning)21.5$0.315
DeepSeek V3.2 (Non-reasoning)16.0$0.315

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

Source: Artificial Analysis · last synced 2026-09-22

FAQ

Who develops DeepSeek V3.2 Exp (Reasoning)?

DeepSeek V3.2 Exp (Reasoning) is developed by DeepSeek, released 2025-09-29.

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

DeepSeek V3.2 Exp (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.

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

DeepSeek V3.2 Exp (Reasoning) scores 16.6 on the Artificial Analysis Intelligence Index, ranking #157 of 533 models we track.

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

Yes — Step 3.5 Flash 2603 scores similar intelligence (17.0) at $0.15/1M blended, versus $0.315/1M for DeepSeek V3.2 Exp (Reasoning).

Where does this data come from?

Pricing and benchmark data for DeepSeek V3.2 Exp (Reasoning) comes from Artificial Analysis (artificialanalysis.ai), synced daily. Last synced 2026-09-22.