DeepSeek V4 Pro vs o4-mini: price, context and capabilities

Choose DeepSeek V4 Pro for writing and code generation, reused prompts and documents (RAG, agents), very long inputs, reasoning over long documents and the latest release. Choose o4-mini for high-volume, cost-sensitive work and images as input.

In short

  • o4-mini is 3% cheaper than DeepSeek V4 Pro at the headline price ($1.93 / 1M tokens vs $1.98 / 1M tokens).
  • DeepSeek V4 Pro reads more per request: 1M tokens against 200k.
  • DeepSeek V4 Pro is the newer model (August 2026, against Apr 16, 2025).
  • Only o4-mini 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 ProDeepSeek$46.20
  2. o4-miniOpenAI$44.00

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 o4-mini

o4-mini costs 3% less on a typical mix of three input tokens for every output token ($1.93 against $1.98 per million tokens).

Writing and code generation

Choose DeepSeek V4 Pro

DeepSeek V4 Pro charges $3.96 per million output tokens, against $4.40 for o4-mini. Output dominates the bill when answers are long.

Reused prompts and documents (RAG, agents)

Choose DeepSeek V4 Pro

DeepSeek V4 Pro charges $0.04 per million cached input tokens, against $0.28 for o4-mini.

Very long inputs

Choose DeepSeek V4 Pro

DeepSeek V4 Pro reads up to 1M tokens per request, against 200k for o4-mini.

Reasoning over long documents

Choose DeepSeek V4 Pro

DeepSeek V4 Pro scores 80.3% on Long-context reasoning (AA-LCR), against 61% for o4-mini.

Images as input

Choose o4-mini

o4-mini accepts images as input; DeepSeek V4 Pro does not.

Latest release

Choose DeepSeek V4 Pro

DeepSeek V4 Pro is the newer release (August 2026, against Apr 16, 2025 for o4-mini).

Monthly cost at three volumes

VolumeDeepSeek V4 Proo4-miniDifference
Prototype: 1M input, 250K output tokens $2.31 $2.20 o4-mini, $0.11 less
Production: 20M input, 5M output tokens $46.20 $44.00 o4-mini, $2.20 less
Scale: 500M input, 100M output tokens $1,056 $990.00 o4-mini, $66.00 less

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

Specifications side by side

DeepSeek V4 Proo4-mini
ProviderDeepSeekOpenAI
CategoryLanguage modelsLanguage models
StatusGenerally availableDeprecated
Headline price$1.98 / 1M tokens$1.93 / 1M tokens
Input$1.32 / 1M tokens$1.10 / 1M tokens
Output$3.96 / 1M tokens$4.40 / 1M tokens
Cached input$0.044 / 1M tokens$0.275 / 1M tokens
Context window1M200k
Max output384k100k
ReleasedAugust 2026Apr 16, 2025
Knowledge cutoffNo dataJune 2024
LicenceProprietaryProprietary
CapabilitiesReasoning, Tool calling, Structured output, Prompt cachingVision, Reasoning, Tool calling, Structured output, Prompt caching, Batch API
API model iddeepseek-v4-proo4-mini

Benchmarks side by side

Leader in bold.

BenchmarkDeepSeek V4 Proo4-mini
GPQA Diamond 92.8% 78.4%
Humanity's Last Exam 41% 16.5%
Long-context reasoning (AA-LCR) 80.3% 61%
Intelligence Index 36 No data
SciCode 51% No data
Terminal-Bench Hard No data 15.2%
IFBench (instruction following) No data 68.7%
τ²-Bench (agentic tool use) No data 55.6%
MMMU-Pro (visual reasoning) No data 69.2%

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 Pro or o4-mini?

Choose DeepSeek V4 Pro for writing and code generation, reused prompts and documents (RAG, agents), very long inputs, reasoning over long documents and the latest release. Choose o4-mini for high-volume, cost-sensitive work and images as input.

Which is cheaper, DeepSeek V4 Pro or o4-mini?

o4-mini is 3% cheaper than DeepSeek V4 Pro at the headline price ($1.93 / 1M tokens vs $1.98 / 1M tokens).

Which has the larger context window, DeepSeek V4 Pro or o4-mini?

DeepSeek V4 Pro reads more per request: 1M tokens against 200k.

What is the difference between DeepSeek V4 Pro and o4-mini?

DeepSeek V4 Pro is made by DeepSeek and o4-mini by OpenAI. o4-mini is 3% cheaper than DeepSeek V4 Pro at the headline price ($1.93 / 1M tokens vs $1.98 / 1M tokens). DeepSeek V4 Pro reads more per request: 1M tokens against 200k. DeepSeek V4 Pro is the newer model (August 2026, against Apr 16, 2025). Only o4-mini offers vision, batch api.

How much do DeepSeek V4 Pro and o4-mini cost per month?

At 20 million input and 5 million output tokens a month, DeepSeek V4 Pro costs $46.20 and o4-mini costs $44.00, at standard rates.

Which is newer, DeepSeek V4 Pro or o4-mini?

DeepSeek V4 Pro was released on August 2026 and o4-mini on Apr 16, 2025.