DeepSeek-V3 vs o1-mini Comparison

Comparing DeepSeek-V3 and o1-mini across benchmarks, pricing, and capabilities.

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Performance Benchmarks

Comparative analysis across standard metrics

3 benchmarks

DeepSeek-V3 outperforms in 2 benchmarks (MATH-500, MMLU), while o1-mini is better at 1 benchmark (GPQA).

DeepSeek-V3 shows notably better performance in the majority of benchmarks.

Mon Mar 23 2026 • llm-stats.com

Arena Performance

Human preference votes

Pricing Analysis

Price comparison per million tokens

DeepSeek-V3 costs less

For input processing, DeepSeek-V3 ($0.27/1M tokens) is 11.1x cheaper than o1-mini ($3.00/1M tokens).

For output processing, DeepSeek-V3 ($1.10/1M tokens) is 10.9x cheaper than o1-mini ($12.00/1M tokens).

In conclusion, o1-mini is more expensive than DeepSeek-V3.*

* Using a 3:1 ratio of input to output tokens

Lowest available price from all providers

Mon Mar 23 2026 • llm-stats.com

DeepSeek-V3

Input tokens$0.27

Output tokens$1.10

Best providerDeepSeek

o1-mini

Input tokens$3.00

Output tokens$12.00

Best providerOpenAI

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Context Window

Maximum input and output token capacity

DeepSeek-V3 accepts 131,072 input tokens compared to o1-mini's 128,000 tokens. DeepSeek-V3 can generate longer responses up to 131,072 tokens, while o1-mini is limited to 65,536 tokens.

DeepSeek-V3

Input131,072 tokens

Output131,072 tokens

o1-mini

Input128,000 tokens

Output65,536 tokens

Mon Mar 23 2026 • llm-stats.com

License

Usage and distribution terms

DeepSeek-V3 is licensed under MIT + Model License (Commercial use allowed), while o1-mini uses a proprietary license.

License differences may affect how you can use these models in commercial or open-source projects.

DeepSeek-V3

MIT + Model License (Commercial use allowed)

Open weights

o1-mini

Proprietary

Closed source

Release Timeline

When each model was launched

DeepSeek-V3 was released on 2024-12-25, while o1-mini was released on 2024-09-12.

DeepSeek-V3 is 3 months newer than o1-mini.

DeepSeek-V3

Dec 25, 2024

1.2 years ago

3mo newer

o1-mini

Sep 12, 2024

1.5 years ago

Knowledge Cutoff

When training data ends

Neither model specifies a knowledge cutoff date.

Unable to compare the recency of their training data.

No cutoff dates available

Provider Availability

DeepSeek-V3 is available from DeepSeek. o1-mini is available from OpenAI, Azure. The availability of providers can affect quality of the model and reliability.