token.app › Compare › DeepSeek V3.2 Exp vs DeepSeek V4 Flash Latest

DeepSeek V3.2 Exp vs DeepSeek V4 Flash Latest

DeepSeek V4 Flash Latest is 2.7× cheaper per token on a blended 3:1 basis. DeepSeek V4 Flash Latest accepts the larger context window (1.0M).

Head to head
Blended price uses a 3:1 input:output mix
DeepSeek V3.2 ExpDeepSeek V4 Flash Latest
ProviderDeepSeek~deepseek
Input $/1M$0.270$0.090
Output $/1M$0.410$0.180
Blended $/1M$0.305$0.113
Context window164K1.0M
Max output66K384K
ReleasedSep 2025Aug 2026
LicenceOpen weightsProprietary
Choose DeepSeek V3.2 Exp if…
  • Open weights — self-hostable
Choose DeepSeek V4 Flash Latest if…
  • Costs less per token — $0.113 vs $0.305 blended
  • Larger context window (1.0M)
  • Newer model (released Aug 2026)
FAQ
Which is better, DeepSeek V3.2 Exp or DeepSeek V4 Flash Latest?
We do not hold independently-run benchmark scores covering both DeepSeek V3.2 Exp and DeepSeek V4 Flash Latest, so we make no quality claim. Their pricing and specifications are compared on this page.
Is DeepSeek V3.2 Exp cheaper than DeepSeek V4 Flash Latest?
DeepSeek V4 Flash Latest is cheaper: $0.113 versus $0.305 per million tokens blended at 3:1 input:output. Input alone: $0.270 vs $0.090. Output alone: $0.410 vs $0.180.
What context windows do DeepSeek V3.2 Exp and DeepSeek V4 Flash Latest have?
DeepSeek V3.2 Exp: 163,840 tokens. DeepSeek V4 Flash Latest: 1,048,576 tokens.
Who makes DeepSeek V3.2 Exp and DeepSeek V4 Flash Latest?
DeepSeek V3.2 Exp is made by DeepSeek. DeepSeek V4 Flash Latest is made by ~deepseek.
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