DeepSeek V4 Flash 0731 vs GPT-6 Luna: price, context and capabilities

Choose DeepSeek V4 Flash 0731 for high-volume, cost-sensitive work and writing and code generation. Choose GPT-6 Luna for reused prompts and documents (RAG, agents), images as input and the latest release.

In short

  • DeepSeek V4 Flash 0731 is 26% cheaper than GPT-6 Luna at the headline price ($0.1488 / 1M tokens vs $0.20 / 1M tokens).
  • GPT-6 Luna reads more per request: 1.05M tokens against 1.05M.
  • GPT-6 Luna is the newer model (Sep 22, 2026, against Jul 31, 2026).
  • Only GPT-6 Luna offers vision, batch api.

Open in the full comparison table

What a month costsAt 20 million input and 5 million output tokens a month.
  1. DeepSeek V4 Flash 0731DeepSeek$3.57
  2. GPT-6 LunaOpenAI$4.50

Try your own volumes in the calculator

Which should you choose?

Each answer below comes straight from the published prices, specifications and independent benchmark results.

High-volume, cost-sensitive work

Choose DeepSeek V4 Flash 0731

DeepSeek V4 Flash 0731 costs 26% less on a typical mix of three input tokens for every output token ($0.15 against $0.20 per million tokens).

Writing and code generation

Choose DeepSeek V4 Flash 0731

DeepSeek V4 Flash 0731 charges $0.24 per million output tokens, against $0.50 for GPT-6 Luna. Output dominates the bill when answers are long.

Reused prompts and documents (RAG, agents)

Choose GPT-6 Luna

GPT-6 Luna charges $0.01 per million cached input tokens, against $0.02 for DeepSeek V4 Flash 0731.

Images as input

Choose GPT-6 Luna

GPT-6 Luna accepts images as input; DeepSeek V4 Flash 0731 does not.

Latest release

Choose GPT-6 Luna

GPT-6 Luna is the newer release (Sep 22, 2026, against Jul 31, 2026 for DeepSeek V4 Flash 0731).

Monthly cost at three volumes

VolumeDeepSeek V4 Flash 0731GPT-6 LunaDifference
Prototype: 1M input, 250K output tokens $0.18 $0.23 DeepSeek V4 Flash 0731, $0.05 less
Production: 20M input, 5M output tokens $3.57 $4.50 DeepSeek V4 Flash 0731, $0.93 less
Scale: 500M input, 100M output tokens $83.30 $100.00 DeepSeek V4 Flash 0731, $16.70 less

Standard rates, without caching or batch discounts. Volumes are per month.

Specifications side by side

DeepSeek V4 Flash 0731GPT-6 Luna
ProviderDeepSeekOpenAI
CategoryLanguage modelsLanguage models
StatusGenerally availableGenerally available
Headline price$0.1488 / 1M tokens$0.20 / 1M tokens
Input$0.119 / 1M tokens$0.10 / 1M tokens
Output$0.238 / 1M tokens$0.50 / 1M tokens
Cached input$0.0238 / 1M tokens$0.01 / 1M tokens
Context window1.05M1.05M
Max output944k128k
ReleasedJul 31, 2026Sep 22, 2026
Knowledge cutoffNo dataMay 2026
LicenceProprietaryProprietary
CapabilitiesReasoning, Tool calling, Structured output, Prompt cachingVision, Reasoning, Tool calling, Structured output, Prompt caching, Batch API
API model iddeepseek-v4-flash-0731gpt-6-luna

Benchmarks side by side

Leader in bold.

BenchmarkDeepSeek V4 Flash 0731GPT-6 Luna
Intelligence Index No data 38.1
SciCode No data 54.6%
Humanity's Last Exam No data 38.5%
MMMU-Pro (visual reasoning) No data 79.7%
Long-context reasoning (AA-LCR) No data 83.3%

Independent evaluations by Artificial Analysis, run the same way for every model, at the reasoning setting shown. Percentages unless marked as an index.

Frequently asked questions

Should I choose DeepSeek V4 Flash 0731 or GPT-6 Luna?

Choose DeepSeek V4 Flash 0731 for high-volume, cost-sensitive work and writing and code generation. Choose GPT-6 Luna for reused prompts and documents (RAG, agents), images as input and the latest release.

Which is cheaper, DeepSeek V4 Flash 0731 or GPT-6 Luna?

DeepSeek V4 Flash 0731 is 26% cheaper than GPT-6 Luna at the headline price ($0.1488 / 1M tokens vs $0.20 / 1M tokens).

Which has the larger context window, DeepSeek V4 Flash 0731 or GPT-6 Luna?

GPT-6 Luna reads more per request: 1.05M tokens against 1.05M.

What is the difference between DeepSeek V4 Flash 0731 and GPT-6 Luna?

DeepSeek V4 Flash 0731 is made by DeepSeek and GPT-6 Luna by OpenAI. DeepSeek V4 Flash 0731 is 26% cheaper than GPT-6 Luna at the headline price ($0.1488 / 1M tokens vs $0.20 / 1M tokens). GPT-6 Luna reads more per request: 1.05M tokens against 1.05M. GPT-6 Luna is the newer model (Sep 22, 2026, against Jul 31, 2026). Only GPT-6 Luna offers vision, batch api.

How much do DeepSeek V4 Flash 0731 and GPT-6 Luna cost per month?

At 20 million input and 5 million output tokens a month, DeepSeek V4 Flash 0731 costs $3.57 and GPT-6 Luna costs $4.50, at standard rates.

Which is newer, DeepSeek V4 Flash 0731 or GPT-6 Luna?

GPT-6 Luna was released on Sep 22, 2026 and DeepSeek V4 Flash 0731 on Jul 31, 2026.